Free Guide to Cutting Costs on Medford Car Insurance Online

Did you fall for a flashy sales pitch and buy overpriced car insurance? Trust us when we tell you you're not alone.

Because there are so many options when it comes to car insurance, it's nearly impossible to choose the right insurance company.

It's important to do rate comparisons every six months due to the fact that insurance rates are constantly changing. Just because you had the best price last year you may be paying too much now. Ignore everything you know about car insurance because you're about to learn the proper way to properly buy coverages while reducing your premium.

This article will help educate you on how to effectively get price quotes and some tips to save money. If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using this strategy. Nevertheless, Massachusetts consumers do need to know how companies sell insurance online and apply this information to your search.

How to Compare Car Insurance Quotes in Medford, Massachusetts

Most major insurance companies quote pricing online. Obtaining pricing is pretty easy as you just type in the coverages you want as detailed in the form. Behind the scenes, the system will obtain credit information and your driving record and generates pricing information determined by many factors. This makes comparing rates easy, but the time it takes to visit different websites and complete many quote forms is not the best way to spend an afternoon. But it's very important to do this if you are searching for the best price on car insurance.

A less time-consuming method to lower your rates makes use of a single form that gets price quotes from a lot of companies. The form is fast, eliminates form submissions, and makes online shopping much more enjoyable and efficient. After sending your information, it is quoted and you can choose any or none of the returned quotes.

If you find a better price you simply finish the application and buy the new coverage. It takes 15 minutes at the most and can result in significant savings.

In order to find out if lower rates are available, click here to open in new window and enter your information. If you currently have coverage, we recommend you replicate the limits and deductibles exactly as they are listed on your policy. This way, you will be getting a price comparison based on similar coverages.

Why some people pay less for insurance in Medford

It's important that you understand some of the elements that go into determining the rates you pay for car insurance. When you know what positively or negatively determines base rates allows you to make educated decisions that may reward you with lower car insurance prices.

Listed below are a few of the "ingredients" companies use to determine rates.

  • Your spouse saves you money - Having a spouse can actually save you money when buying car insurance. It is viewed as being more mature and responsible and statistics show being married results in fewer claims.
  • Do you know your deductibles? - Physical damage coverage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of covered claims would be collision with another vehicle, damage caused by hail, and rolling your vehicle. Your deductibles are how much you are willing to pay in the event of a claim. The higher the amount you're willing to pay, the less your car insurance will be.
  • What type of vehicle do you drive? - The performance level of the car you own makes a huge difference in how high your rates are. The lowest base rates are for low performance passenger vehicles, but there are many factors that impact the final cost.
  • Bad driving skills means higher rates - Your driving citation history has a big impact on rates. Good drivers get better rates than bad drivers. Just one citation can increase rates forty percent or more. Drivers who have serious citations like DWI, reckless driving or hit and run convictions may need to submit a SR-22 form to the state department of motor vehicles in order to continue driving.
  • Older drivers save more - Youthful drivers in Massachusetts are statistically proven to be more careless when behind the wheel so car insurance rates are higher. Older insureds are viewed as being more responsible, tend to file fewer claims and get fewer tickets.
  • Bundling policies can get discounts - Most companies will give a discount to insureds who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it's still a good idea to shop around to make sure you are getting the best deal. You may still be able to find a better deal by buying car insurance from a different company.

Are you getting all your discounts?

Insuring your vehicles can cost a lot, but you may find discounts that you may not even be aware of. Some trigger automatically when you quote, but less common discounts must be asked for before you get the savings.

  • Sign Online - Certain companies may give you up to $50 simply for signing online.
  • Homeowners Discount - Owning a house in Medford may trigger a car insurance policy discount because owning a home is proof that your finances are in order.
  • Early Signing - Some companies give discounts for buying a policy before your current policy expires. This can save 10% or more.
  • Discount for Good Grades - Getting good grades can get you a discount of up to 25%. This discount can apply until age 25.
  • College Student - Children who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.
  • Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Military Rewards - Having a deployed family member could mean lower rates.

It's important to understand that most credits do not apply to all coverage premiums. Most only cut specific coverage prices like liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, it doesn't quite work that way. Any qualifying discounts will help reduce the cost of coverage.

For a list of companies offering car insurance discounts in Massachusetts, follow this link.

Additional car insurance information can be found on the website for the Massachusetts Division of Insurance found here. Visitors are able to get help finding coverage, report car insurance fraud, learn about specific coverages, and file complaints about a company.

Other useful links include this site for Massachusetts car insurance information and see this list of insurance agents in Medford.

Do the work, save more money

Low-cost car insurance is available both online and with local Medford insurance agents, so you should compare both to have the best selection. There are still a few companies who do not offer online quoting and most of the time these regional insurance providers sell through independent agents.

We just presented a lot of tips how to lower your car insurance rates. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. Consumers could even find that the most savings is with a small mutual company. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as .

As you prepare to switch companies, don't be tempted to reduce needed coverages to save money. In many cases, someone sacrificed physical damage coverage only to discover later that the small savings ended up costing them much more. Your aim should be to purchase a proper amount of coverage at the best price.