Lynn Auto Insurance For Less Than You're Paying Now

Finding lower rates for Lynn auto insurance is challenging for beginners to comparison shopping online. People have so many options that it can turn into a big hassle to find lower rates in Lynn.

Don't pay full price with these discounts

Insurance can be prohibitively expensive, but you may find discounts that many people don't even know exist. Some discounts apply automatically when you complete an application, but some may not be applied and must be specifically requested before they will apply. If they aren't giving you every credit available, you're paying more than you need to.

  • Military Rewards - Having a deployed family member could mean lower rates.
  • Employee of Federal Government - Being employed by or retired from a federal job can save as much as 8% depending on your company.
  • Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Fewer Miles Equal More Savings - Driving fewer miles could qualify for lower rates on the low mileage vehicles.
  • Anti-lock Brake Discount - Anti-lock brake equipped vehicles are safer to drive and qualify for as much as a 10% discount.
  • Discount for Life Insurance - Companies who offer life insurance give lower rates if you buy a life insurance policy as well.

A little note about advertised discounts, most credits do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Just because it seems like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will cut your premiums.

To see a list of insurers offering auto insurance discounts in Lynn, follow this link.

auto insurance in Lynn

How to Compare Lynn Auto Insurance Rates

Comparing auto insurance rates can take hours if you aren't aware of the most efficient way. You can waste a lot of time talking about coverages with local insurance agents in Lynn, or you can utilize the internet to get pricing more quickly.

Many insurance companies take part in a program that enables customers to complete one form, and at least one company provides a quote for coverage. This eliminates the need for quote requests to each individual auto insurance company. To submit your quote information now, click to open in new window.

The one disadvantage to using this type of system is you don't know exactly which carriers to get pricing from. So if you prefer to pick specific providers to receive pricing from, we put together a list of low cost auto insurance companies in Massachusetts. Click here for list of insurance companies in Massachusetts.

Which method you use is up to you, but ensure you're using the exact same coverage limits and deductibles on every quote. If you use different liability limits it will be next to impossible to make a fair comparison in Lynn.

Why some people pay less for insurance in Lynn

An important part of buying insurance is that you know some of the elements that go into determining auto insurance rates. Understanding what impacts premium levels allows you to make educated decisions that could result in lower auto insurance prices.

  • Higher safety ratings means cheaper insurance - Cars with high safety ratings are cheaper to insure. Safe vehicles result in less severe injuries and better occupant protection translates into fewer and smaller insurance claims and lower rates for you.
  • Frequent auto insurance claims increase rates - Auto insurance companies in Massachusetts provide better rates to insureds who file claims infrequently. If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • How many coverages with the same company - Most companies will award you with lower prices to people who buy several policies from them. It's known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even if you're getting this discount you may still want to compare rates to make sure you are getting the best deal. You may still be able to find better rates by insuring with multiple companies.
  • Car features impact rates - Driving a car that has an advanced theft prevention system can save you a little every year. Anti-theft features like GM's OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.
  • Mature drivers pay less - Mature drivers are more responsible, tend to file fewer claims and tend to be better behind the wheel. Teenage drivers are statistically proven to be more careless in a vehicle therefore auto insurance rates are much higher.
  • More miles equals more premium - The more miles you rack up on your car every year the more you'll pay to insure your vehicle. Most companies price each vehicle's coverage based upon how you use the vehicle. Vehicles left parked in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Make sure your auto insurance policy is showing how each vehicle is driven.
  • Marriage brings a discount - Getting married can actually save you money when buying auto insurance. Having a spouse is viewed as being more responsible and it's statistically proven that drivers who are married are more cautious.
  • Little extras can really add up - There are many extra bells and whistles that you can get tricked into buying if you aren't careful. Coverages like personal injury protection, accidental death and motor club memberships are examples of these. These may sound like a good investment at first, but if you don't need them get rid of them and save.

The auto insurance bait and switch

Massachusetts drivers can't get away from ads for the lowest price auto insurance by companies like 21st Century, Allstate and State Farm. All the companies say the same thing about savings if you switch to them.

How do they all say the same thing?

All companies can use profiling for the type of driver that is profitable for them. A good example of a profitable customer might be profiled as over the age of 50, is a homeowner, and has excellent credit. A propective insured who fits that profile is entitled to the best price and therefore will cut their rates substantially.

Consumers who don't measure up to the "perfect" profile must pay higher rates which usually ends up with business not being written. The ads state "people who switch" not "everyone that quotes" save money. That's why companies can truthfully make those claims.

This illustrates why drivers must get quotes from several different companies. It's not possible to predict the company that will have the lowest rates.

A tidy conclusion

Cheaper auto insurance can be found on the web and with local Lynn insurance agents, and you should be comparing both to get a complete price analysis. Some companies do not offer the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

Consumers switch companies for many reasons like delays in responding to claim requests, extreme rates for teen drivers, policy non-renewal or unfair underwriting practices. Regardless of your reason, finding the right auto insurance provider is actually quite simple.

While you're price shopping online, you should never reduce coverage to reduce premium. There are a lot of situations where an accident victim reduced collision coverage and discovered at claim time they didn't purchase enough coverage. The proper strategy is to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

Learn more today

Additional information can be read on the Massachusetts Division of Insurance website through this link. Massachusetts drivers can find disaster information, download brochures, and read consumer alerts.