Tightwads Guide to Saving on Moore Haven Auto Insurance

I can't think of anyone who likes having to buy auto insurance, in particular when their premiums are too high. Because you have many companies and agents to choose from, it is hard for the average consumer to locate the lowest cost car insurance company.

It's important to shop coverage around occasionally because prices are constantly changing. If you had the lowest price on your last policy a different company probably has better rates today. Forget anything you know (or think you know) about auto insurance because you're about to learn the fastest and easiest way to buy cheaper auto insurance.

Shopping for affordable auto insurance coverage in Moore Haven is easy if you know what you're doing. If you are insured now or are looking for a new policy, you can learn to find the best rates and possibly find even better coverage. Florida drivers only need an understanding of the most effective way to shop their coverage around online.

More discounts equal less premium

Insuring your vehicles can cost a lot, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied at the time of quoting, but less common discounts must be inquired about before you will receive the discount. If you don't get every credit you qualify for, you are throwing money away.

Accident Forgiveness - Some insurance companies will allow you to have one accident before your rates go up as long as you don't have any claims for a certain period of time.
Bundle and Save - If you have multiple policies with the same insurance company you may earn 10% to 20% off each policy.
Federal Employees - Active or retired federal employment can earn a discount up to 10% with select insurance companies.
Anti-theft System - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
Clubs and Organizations - Participating in a professional or civic organization could trigger savings on auto insurance.
Defensive Driving Course - Taking a course in driver safety can save you 5% or more if you qualify.
Passive Restraints and Air Bags - Factory air bags or motorized seat belts can receive discounts of up to 25% or more.
Lower Rates for Military - Having a family member in the military can result in better rates.

Consumers should know that many deductions do not apply to your bottom line cost. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you could get a free auto insurance policy, companies don't profit that way. Any qualifying discounts will help reduce your premiums.

Tips to Get Lower Moore Haven Rates

Smart consumers have a good feel for the rating factors that come into play when calculating the price you pay for auto insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that may reward you with better auto insurance rates.

Men fork out a little more - Statistics show women tend to be less risk to insure than men. However, don't assume that women are BETTER drivers than men. Men and women cause accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations such as DWI and reckless driving.
More than one policy can earn a discount - The majority of auto insurance companies will give a discount to customers who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, it's in your best interest to compare other company rates to verify if the discount is saving money.
Small claims can cost you - Car insurance companies in Florida give discounts to policyholders who do not file claims often. If you frequently file small claims, you can pretty much guarantee higher rates. Car insurance is designed for larger claims.
Protect your assets with liability insurance - The liability section of your policy is the coverage that protects you if ever a court rules you are at fault for personal injury or accident damage. Liability insurance provides legal defense up to the limits shown on your policy. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.

It's not one size fits all

When it comes to buying the best auto insurance coverage for your vehicles, there really is no cookie cutter policy. Every insured's situation is different so this has to be addressed. Here are some questions about coverages that might point out if you would benefit from professional advice.

Does my policy cover me when driving someone else's vehicle?
Am I covered when driving in Canada or Mexico?
Am I covered if I drive in a foreign country?
Do I need special endorsements for business use of my vehicle?
Are rental cars covered under my policy?
Should I have combined single limit or split liability limits?
Can I rate high risk drivers on liability-only vehicles?

If it's difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and may give you better protection.

Switch companies and save? Really?

Florida consumers get pounded daily by advertisements for cheaper car insurance from the likes of State Farm, GEICO and Progressive. They all seem to make the same claim of big savings if you move your coverage to them.

But how can every company make almost identical claims? This is how they do it.

Different companies have a certain "appetite" for the type of customer that earns them a profit. For instance, a desirable insured could possibly be a mature driver, owns a home, and has great credit. A customer getting a price quote who matches those parameters receives the best rates and therefore will save a lot of money.

Potential insureds who do not match this ideal profile will have to pay more money which leads to the driver buying from a lower-cost company. Company advertisements say "drivers who switch" not "everyone that quotes" save that much money. That is how insurance companies can confidently advertise the savings.

Because of the profiling, drivers should get as many comparisons as possible. It's impossible to know which company will fit your personal profile best.

Additional auto insurance information is located on the website for the Florida Office of Insurance Regulation. Click here for link. Florida consumers can learn about insurance regulations, read consumer alerts, download brochures, and find out which companies have the most complaints.

Also read more on this site for Florida auto insurance information and see this list of insurance agents in Moore Haven.

In the end, you save

Cost effective auto insurance is definitely available online as well as from independent agents in Moore Haven, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who don't offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

When you buy insurance online, do not skimp on coverage in order to save money. In many cases, an insured cut liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your aim should be to buy enough coverage for the lowest price.