Lisbon Car Insurance For Less Than You're Paying Now

Finding lower rates for Lisbon car insurance is a challenge for consumers new to comparison shopping online. Drivers have so many choices that it can quickly become more work than you anticipated to compare prices in Lisbon.

Choosing the best insurance company for you in Lisbon is easy if you know what you're doing. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these techniques. But Maine car owners do need to know how companies sell online and apply this information to your search.

Don't pay full price with these discounts

Companies don't list every discount very well, so we took the time to find some of the more common and the harder-to-find car insurance savings.

  • Driver's Ed - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class if it's offered in school.
  • No Accidents - Claim-free drivers can save substantially when compared to drivers who are more careless.
  • One Accident Forgiven - Some insurance companies will allow you to have one accident before your rates go up if your claims history is clear for a set time period.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Good Students Pay Less - Performing well in school can earn a discount of 20% or more. This discount can apply well after school through age 25.
  • Discount for Life Insurance - Select insurance companies reward you with a break if you buy life insurance.
  • New Car Discount - Adding a new car to your policy is cheaper because new vehicles have to meet stringent safety requirements.
  • Paperwork-free - A few companies will give a small break for buying a policy and signing up online.
  • Clubs and Organizations - Belonging to a professional or civic organization could qualify you for a break when shopping for car insurance.
  • Multiple Vehicles - Having multiple vehicles on one policy qualifies for this discount.

Drivers should understand that most credits do not apply to the entire cost. Most only cut the price of certain insurance coverages like liability and collision coverage. Just because it seems like adding up those discounts means a free policy, companies wouldn't make money that way.

compare Lisbon car insurance rates

The car insurance bait and switch

Car insurance providers like State Farm, Allstate and GEICO continually stream ads in print and on television. They all say the same thing that you'll save big after switching to their company. But how can every company make the same claim? This is how they do it.

Insurance companies can use profiling for the driver that earns them a profit. For example, a driver they prefer could be between 25 and 40, is a homeowner, and has great credit. A customer who fits that profile will qualify for the lowest rates and therefore will save a lot of money.

Potential customers who don't measure up to this ideal profile will be quoted a higher premium which usually ends up with business going elsewhere. The ad wording is "drivers who switch" not "everyone that quotes" save that much. That's why companies can advertise the savings. This emphasizes why you should get a wide range of price quotes. Because you never know the company that will give you the biggest savings.

Learn more today

More detailed Maine car insurance information can be found at the Maine Bureau of Insurance website. Consumers can download brochures, read industry bulletins, and learn about insurance regulations.

Also read more on this site for car insurance rates in Maine and this list of insurance agents in Lisbon, ME.

Final considerations

Consumers change insurance companies for any number of reasons including extreme rates for teen drivers, high rates after DUI convictions, denial of a claim and even policy cancellation. Regardless of your reason, switching car insurance companies is less work than it seems.

Budget-conscious car insurance can be sourced from both online companies and also from your neighborhood Lisbon agents, so you should compare both to have the best rate selection. There are still a few companies who may not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

We just showed you a lot of tips how to reduce car insurance prices online. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the most savings is with a smaller regional carrier.