How to Know You're Paying Too Much for Auto Insurance in Lisbon Falls

No one in their right mind cherishes buying auto insurance, in particular when the cost is way too high. There are many to buy insurance from, and although it's nice to have multiple companies, it makes it harder to compare rates.

It's important to check auto insurance prices periodically because insurance rates are constantly changing. Even if you think you had the best price a few years ago you will most likely find a better rate today. Forget anything you know (or think you know) about auto insurance because we're going to demonstrate how to quote online to reduce your cost while improving coverage.

Finding affordable coverage in Lisbon Falls is easy if you know what you're doing. If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using this information. Maine vehicle owners just need to know the proper way to compare rates on the web.

Policy discounts you shouldn't miss

Companies don't always publicize every available discount very clearly, so we took the time to find both well-publicized as well as the least known savings tricks you should be using. If you're not getting every credit you qualify for, you are throwing money away.

Discount for Swiching Early - Some insurance companies reward drivers for switching policies prior to your current policy expiring. The savings is around 10%.
Passive Restraint Discount - Vehicles with factory air bags or motorized seat belts may earn rate discounts of more than 20%.
Low Mileage - Low mileage vehicles can earn discounted rates on garaged vehicles.
E-sign - A few companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
Safety Course Discount - Successfully completing a course in driver safety can save you 5% or more if you qualify.
Theft Prevention Discount - Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
Pay Now and Pay Less - If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
Discount for New Cars - Adding a new car to your policy is cheaper because new vehicles have to meet stringent safety requirements.
Drivers Education - Make teen driver coverage more affordable by requiring them to take driver's ed class if offered at their school.

Consumers should know that most discount credits are not given to the entire policy premium. Most only reduce individual premiums such as medical payments or collision. So even though it sounds like all the discounts add up to a free policy, companies don't profit that way.

Insurance agents can help

When it comes to buying the right insurance coverage for your vehicles, there isn't really a one size fits all plan. Everyone's situation is a little different so your insurance should reflect that For example, these questions may help highlight whether your personal situation would benefit from an agent's advice.

Does my car insurance cover rental cars?
Can I rate high risk drivers on liability-only vehicles?
Is my vehicle covered for flood damage?
Does my personal policy cover me when driving my company car?
Should I have combined single limit or split liability limits?
Am I covered when renting a car or should I buy coverage from the car rental agency?

If you're not sure about those questions, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It's fast, doesn't cost anything and can help protect your family.

Save $429 a year? Really?

Maine consumers get pounded daily by advertisements for cheaper car insurance by companies like State Farm and Allstate. All the ads make an identical promise that you'll save big if you change to them.

How does each company make almost identical claims?

Insurance companies have a certain "appetite" for the type of driver that earns them a profit. For example, a preferred risk could possibly be between 25 and 40, a clean driving record, and has a short commute. A driver who meets those qualifications will get the preferred rates and is almost guaranteed to save when switching.

Consumers who don't qualify for these standards will be charged higher rates and ends up with the driver buying from a lower-cost company. The ads state "customers that switch" but not "drivers who get quotes" save money. That is how companies can make the claims of big savings. That is why you should compare many company's rates. It is impossible to predict which company will fit your personal profile best.

Additional Maine consumer information

More detailed Maine auto insurance information can be found at the Maine Bureau of Insurance website. Maine consumers can learn about specific coverages, file complaints about a company, discover disciplinary actions, and get help finding coverage.

Best coverage at the best price

In this article, we presented some good ideas how you can reduce auto insurance prices online. It's most important to understand that the more you quote, the better your comparison will be. Consumers may even find the most savings is with some of the lesser-known companies. Regional companies may often insure only within specific states and give getter rates compared to the large companies like .

Discount auto insurance is attainable online and with local Lisbon Falls insurance agents, so you should compare both to get a complete price analysis. Some insurance providers do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

As you shop your coverage around, never buy lower coverage limits just to save a few bucks. There have been many cases where someone dropped physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to get the best coverage possible at a price you can afford, not the least amount of coverage.