Car Insurance in Limington - 9 Discounts You Might be Unaware of
Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us when we tell you there are lots of people in the same boat.
Having so many options when it comes to car insurance, it's difficult to find the best provider.
It's important to price shop coverage every six months since rates are constantly changing. Even if you got the best deal a year ago you can probably find a better price now. Starting now, block out anything you think you know about car insurance because we're going to show you the proper way to lower your annual insurance bill.
Finding the best rates in Limington is easy if you know what you're doing. If you currently have car insurance, you will be able to save some money using this strategy. But Maine car owners do need to know the way companies price online insurance and take advantage of how the system works.
Are you getting all your discounts?
Companies offering auto insurance do not advertise all their discounts very well, so here is a list some of the more common as well as the least known discounts you could be receiving.
- 55 and Retired - If you're over the age of 55, you may qualify for a discount up to 10%.
- Multi-car Discount - Buying coverage for more than one vehicle with the same company may reduce the rate for each vehicle.
- Anti-lock Brakes - Vehicles equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
- Early Signing - Some insurance companies reward drivers for switching to them prior to your current policy expiration. This can save 10% or more.
- Anti-theft System - Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
- Driver's Ed - Cut your cost by having your teen driver complete a driver education course in school.
- Drive Less and Save - Driving fewer miles can qualify you for a substantially lower rate.
- Military Discounts - Being deployed with a military unit could mean lower rates.
- Passive Restraint Discount - Factory air bags and/or automatic seat belt systems can receive discounts of more than 20%.
Consumers should know that some of the credits will not apply to all coverage premiums. Some only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, companies don't profit that way.
To choose companies offering car insurance discounts in Maine, click here.
How can Progressive, GEICO, Allstate and State Farm save drivers who switch?
Car insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on television and other media. They all seem to have a common claim that you'll save big if you switch your policy. But how can every company make the same claim?
Different companies are able to cherry pick for the right customer that makes them money. An example of a desirable insured could be between the ages of 30 and 50, has no driving citations, and has excellent credit. Any new insured that hits that "sweet spot" will qualify for the lowest rates and as a result will probably save a lot of money.
Consumers who are not a match for this ideal profile will have to pay higher prices and this can result in business going elsewhere. The ad wording is "customers that switch" not "everybody who quotes" save that kind of money. That's the way companies can make those claims. Because of the profiling, you should get a wide range of price quotes. It's just too difficult to predict which car insurance company will have the lowest rates.
More detailed Maine car insurance information is available at the Maine Bureau of Insurance website. Consumers can read enforcement actions against agents and companies, report car insurance fraud, find out industry alerts, and file complaints about a company.
Other informative sites include this Car Insurance FAQ and this page of insurance agents in Limington.
Affordable insurance is out there
While you're price shopping online, don't be tempted to buy poor coverage just to save money. There are many occasions where someone sacrificed liability limits or collision coverage only to find out they didn't purchase enough coverage. Your aim should be to get the best coverage possible at a price you can afford.
Discount car insurance can be found from both online companies in addition to many Limington insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.
You just learned a lot of techniques to save on car insurance. The key thing to remember is the more times you quote, the better your chances of lowering your rates. You may even discover the lowest rates come from a small local company. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as .
