Finding Cheap Lowell Car Insurance

No one cherishes buying car insurance, especially when they are paying too much. There are many to buy insurance from, and though it is a good thing to have multiple companies, it makes it harder to compare rates.

It's important to check car insurance prices periodically because rates are constantly changing. Even if you got the best rates a few years ago you will most likely find a better rate today. There is a lot of bad information regarding car insurance online but I'm going to show you some great ways to put money back in your pocket.

These discounts can lower your rates

Companies don't always list all their discounts very clearly, so the following is a list of some of the more common and the more hidden ways to save on car insurance. If you're not getting every credit you qualify for, you are throwing money away.

  • Accident Forgiveness - Certain companies permit an accident before your rates go up as long as you don't have any claims for a particular time prior to the accident.
  • Early Signing - A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.
  • Theft Prevention System - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Good Student - Performing well in school can be rewarded with saving of up to 25%. The good student discount can last until age 25.
  • Payment Discounts - If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.

It's important to note that most discount credits are not given to the entire policy premium. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, you're out of luck.

Different people need different coverages

When it comes to buying coverage for your vehicles, there isn't really a best way to insure your cars. Everyone's needs are different so this has to be addressed. For instance, these questions may help highlight whether you would benefit from professional advice.

  • Does my policy cover me when driving someone else's vehicle?
  • Does my car insurance cover rental cars?
  • Do I need special endorsements for business use of my vehicle?
  • Why am I required to buy high-risk coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • Am I covered when driving on a suspended license?

If it's difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and can provide invaluable advice.

Are you falling for claims of savings?

Consumers get pounded daily by advertisements for cheaper car insurance by companies like State Farm, GEICO and Progressive. They all seem to make the same claim that you can save if you switch to them.

How does each company make the same claim?

All the different companies have a certain "appetite" for the type of driver that earns them a profit. A good example of a desirable insured could be a mature driver, a clean driving record, and drives less than 7,500 miles a year. A customer who matches those parameters will qualify for the lowest rates and as a result will probably save when switching.

Potential customers who are not a match for these standards will have to pay a more expensive rate which leads to business going elsewhere. The ad wording is "people who switch" not "everybody who quotes" save money. That is how insurance companies can advertise the way they do. Because of the profiling, you should compare many company's rates. Because you never know which company will provide you with the cheapest rates.

Additional Arkansas consumer information

Additional detailed information can be read at the Arkansas Insurance Department website. Consumers can learn about insurance regulations, file complaints about a company, read consumer alerts, and learn about specific coverages.

Arkansas car insurance

In the end, you save

Lower-priced car insurance can be found from both online companies and with local Lowell insurance agents, and you need to price shop both to have the best rate selection. Some car insurance companies do not offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

We just showed you some good ideas how to reduce car insurance prices online. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the best price on car insurance is with an unexpected company. Regional companies often have lower prices on specific markets than the large multi-state companies such as .

When shopping online for car insurance, never buy lower coverage limits just to save a few bucks. In many cases, someone dropped collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at an affordable rate.