Finding the Cheapest Lexington Car Insurance

Nobody looks forward to paying for car insurance, particularly when they are paying too much. Big companies like GEICO and Progressive continually hit you with advertising and it can be hard to sift through the bull and find the best price available.

If you have insurance now or are looking for a new policy, you will benefit by learning to shop for the lowest rates while maintaining coverages. Buying car insurance in Lexington is quite easy. Massachusetts drivers only need an understanding of how to get comparison quotes online.

Understand what determines the rate you pay

Consumers need to have an understanding of the rating factors that go into determining the rates you pay for car insurance. Having a good understanding of what determines base rates helps enable you to make changes that will entitle you to better car insurance rates.

Listed below are some of the factors that factor into prices.

Lower rates with optional equipment - Owning a car with a theft deterrent system can help bring down rates. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your vehicle from being stolen.
Clean credit earns discounts - Having a bad credit score is a big factor in determining your rates. So if your credit score is lower than you'd like, you could save money insuring your by improving your credit score. Consumers who have good credit tend to be less risk to insure than drivers with poor credit.
You might want pay the small claims yourself - If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Companies in Massachusetts give cheaper rates to policyholders who do not rely on their insurance for small claims. Car insurance is intended for larger claims.
Where do you drive? - The more miles you rack up on your car each year the higher your rate. The majority of insurers charge to insure your cars determined by how the vehicle is used. Autos that are left in the garage can get a lower rate than those used for commuting. Verify your car insurance policy is rated on how each vehicle is driven, because it can save money.

Take advantage of discounts

Insuring your fleet can be pricey, but companies offer discounts that you may not even be aware of. Most are applied at quote time, but lesser-known reductions have to be manually applied in order for you to get them. If you aren't receiving every discount you qualify for, you are paying more than you should be.

Military Discounts - Having a family member in the military could mean lower rates.
Braking Control Discount - Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
Passive Restraints - Cars that have air bags or motorized seat belts can qualify for discounts of up to 25% or more.
Federal Employees - Employees or retirees of the government can earn a discount up to 10% with a few car insurance companies.
Save with a New Car - Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.
Auto/Life Discount - Larger companies have better rates if you take out life insurance from them.
Defensive Driver - Taking a defensive driving course can save you 5% or more if your company offers it.

It's important to understand that many deductions do not apply to your bottom line cost. Most cut specific coverage prices like liability and collision coverage. So despite the fact that it appears you would end up receiving a 100% discount, it doesn't quite work that way. Any qualifying discounts will reduce your overall premium however.

To choose insurance companies offering car insurance discounts in Lexington, click this link.

Are car insurance companies telling the truth?

Consumers in Massachusetts can't ignore all the ads for cheaper car insurance from companies such as State Farm, Allstate and GEICO. They all make the same claim of big savings if you switch your policy.

How can each company claim to save you money? It's all in the numbers.

Different companies have a certain "appetite" for the right customer that makes them money. An example of a driver they prefer might be over the age of 40, owns a home, and drives less than 7,500 miles a year. Any new insured who matches those parameters gets the lowest rates and most likely will save when they switch companies.

Potential insureds who don't qualify for the requirements will be quoted more money which leads to the customer not buying. The ads say "customers who switch" not "people who quote" save that kind of money. That is how insurance companies can confidently advertise the way they do.

This emphasizes why you should compare as many rates as you can. It's just too difficult to predict which company will provide you with the cheapest rates.

How to know if you need help

When buying proper insurance coverage for your vehicles, there really is not a "best" method to buy coverage. Every situation is different so this has to be addressed. These are some specific questions might point out whether your personal situation could use an agent's help.

Am I covered when pulling a rental trailer?
Does my insurance cover a custom paint job?
Should I drop comprehensive coverage on older vehicles?
Do I have coverage for damage caused while driving under the influence?
Can I still get insurance after a DUI?
What happens if I owe more than my vehicle is worth?
Should I have combined single limit or split liability limits?

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don't have a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Additional car insurance information is available on the website for the Massachusetts Division of Insurance found here. Visitors are able to view a list of available companies, find out industry alerts, download brochures, and file complaints about an insurance agent or broker.

And the best car insurance company is...

When shopping online for car insurance, it's a bad idea to buy poor coverage just to save money. There have been many situations where an insured cut comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The proper strategy is to purchase plenty of coverage at the best price while still protecting your assets.

We just covered many ideas to save on car insurance. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. Drivers may discover the lowest premiums are with some of the smallest insurance companies. Some small companies can often provide lower rates in certain areas than their larger competitors like .