Easy Methods to Pay Less on Malone Auto Insurance

Shopping for affordable Malone auto insurance online is somewhat difficult for consumers not familiar with comparison shopping online. With so many choices of online companies available, how can consumers have a chance to compare every company to locate the cheapest rates?

It's important to compare prices yearly because prices are constantly changing. Even if you think you had the lowest rates a few years ago there is a good chance you can find better rates now. Starting right now, ignore everything you know about auto insurance because you're going to get a crash course in the tricks you need to know to find lower rates on auto insurance.

How to Lower your Auto Insurance Rates

Consumers need to have an understanding of the factors that play a part in calculating the rates you pay for auto insurance. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with lower auto insurance prices.

Shown below are a few of the "ingredients" used by your company to calculate rates.

Teen drivers pay high rates - More mature drivers are viewed as being more responsible, tend to file fewer claims and get fewer tickets. Youthful drivers have a tendency to be more careless when driving therefore auto insurance rates are much higher.
Pleasure use saves money - The higher the mileage driven in a year's time the more you will pay for auto insurance. Almost all companies charge to insure your cars based upon how you use the vehicle. Cars left parked in the garage qualify for better rates than vehicles that are driven to work every day. Make sure your auto insurance declarations sheet is showing the correct usage for each vehicle.
Better crash test results mean better rates - Cars with high safety ratings get lower rates. These vehicles protect occupants better and any reduction in injury severity translates into savings for insurance companies and lower rates for you.
Little extras can really add up - There are quite a few add-on coverages that you can buy when buying auto insurance. Coverages like rental car reimbursement, towing coverage and additional equipment coverage are some examples. These may sound like a good investment when you first buy your policy, but now you might not need them so get rid of them and save.
Having a spouse can save you money - Having a spouse helps lower the price on auto insurance. It translates into being more responsible and it's proven that married drivers get in fewer accidents.

Compare Auto Insurance Today

All major auto insurance companies such as Progressive, GEICO, Allstate and State Farm provide price estimates online. This process is quite simple as you just type in your required coverages as detailed in the form. After the form is submitted, the system will obtain credit information and your driving record and provides a quote based on these and other factors.

Online price quotes streamlines rate comparisons, but the work required to visit many different websites and enter the same data into a form can be a bit repetitive. But it's very important to have as many quotes as possible if you want to find the best price on auto insurance.

The preferred way to compare auto insurance pricing uses one form that gets price quotes from several different companies. The form is fast, eliminates form submissions, and makes online quotes much easier. After sending the form, it gets priced with multiple companies and you can pick any of the resulting price quotes.

If a lower price is quoted, you can simply submit the application and buy the policy. The whole process takes less than 15 minutes and you'll know if lower rates are available.

To find out if lower rates are available, click here to open in new window and fill out the form. To compare your current rates, we recommend you input the coverages identical to your current policy. This makes sure you will have a fair comparison for the exact same coverage.

Are you getting all your discounts?

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to help bring down the price. Larger premium reductions will be automatically applied when you quote, but lesser-known reductions have to be manually applied prior to getting the savings.

College Student - Youth drivers who attend school more than 100 miles from home and don't have a car can be insured at a reduced rate.
Life Insurance Discount - Companies who offer life insurance give lower rates if you buy a life insurance policy as well.
Drive Less and Save - Low mileage vehicles can earn a substantially lower rate.
Sign Online - Certain companies may give you up to $50 for buying your policy on their website.
Own a Home - Owning a house in Malone can save you money because maintaining a house is proof that your finances are in order.
Good Student Discount - This discount can get you a discount of up to 25%. This discount can apply up until you turn 25.

As a disclaimer on discounts, some credits don't apply to your bottom line cost. The majority will only reduce individual premiums such as liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, auto insurance companies aren't that generous. Any amount of discount will cut the cost of coverage.

To choose companies with discount auto insurance rates in Malone, click here.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm consistently run ads on television and other media. They all seem to have a common claim about savings if you change your coverage to them. How do they all claim to save you money?

All companies have a preferred profile for the type of customer that makes them money. For example, a desirable insured might be a mature driver, has no prior claims, and has a short commute. A customer getting a price quote that hits that "sweet spot" gets the lowest rates and as a result will probably cut their rates substantially.

Potential customers who are not a match for the "perfect" profile will have to pay a higher premium and this can result in the customer not buying. Company advertisements say "customers that switch" not "everybody who quotes" save that much money. This is how companies can truthfully make the claims of big savings.

Because of the profiling, you need to compare many company's rates. It's impossible to know which insurance companies will fit your personal profile best.

Tailor your coverage to you

When buying adequate coverage for your personal vehicles, there is no perfect coverage plan. Everyone's needs are different.

For instance, these questions can help discover whether you would benefit from professional advice.

Do I pay less if my vehicle is kept in my garage?
What happens if I owe more than my vehicle is worth?
Is my dog or cat covered if injured in an accident?
Is my vehicle covered for flood damage?
Does my liability insurance cover pulling a trailer or camper?
Are rental cars covered under my policy?
When do I need to add a new car to my policy?

If you can't answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form.

Additional information can be found on the Texas Department of Insurance website located here. Visitors are able to read enforcement actions against agents and companies, file complaints about an insurance agent or broker, and find disaster information.

The best insurance company isn't always the cheapest

As you shop your coverage around, you should never reduce coverage to reduce premium. There are many occasions where consumers will sacrifice uninsured motorist or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy the best coverage you can find at a price you can afford.

Cheap auto insurance is attainable both online as well as from independent agents in Malone, and you need to price shop both to have the best rate selection. Some insurance providers don't offer online price quotes and most of the time these regional insurance providers sell through independent agents.

We covered a lot of ways to compare auto insurance prices online. It's most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with a small local company.