Find Low-Cost Moulton Auto Insurance

Are you overwhelmed by the dozens of auto insurance companies in Moulton? You're not alone. There are so many options that it can turn into a lot of work to compare prices.

It's important to take a look at other company's rates at least once a year because prices are constantly changing. Even if you got the lowest price six months ago you can probably find a better price now. Forget anything you know (or think you know) about auto insurance because you're about to learn the tricks you need to know to properly buy coverages while reducing your premium.

Choosing the best insurance company for you in Moulton is quite easy. If you have car insurance now, you will be able to cut costs considerably using these techniques. Alabama drivers only need an understanding of the proper way to find the lowest price over the internet.

Moulton Rates are Influenced by These Factors

Consumers need to have an understanding of the factors that help determine the rates you pay for auto insurance. When you know what positively or negatively determines base rates enables informed choices that may reward you with lower auto insurance prices.

The following are a partial list of the pieces auto insurance companies consider when setting rates.

Please use or commuting - Driving more miles in a year the more you will pay for auto insurance. Most insurance companies charge to insure your cars determined by how the vehicle is used. Cars left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Make sure your auto insurance coverage properly reflects the proper vehicle usage, because improper ratings can cost you money.
Do you need the policy add-ons? - There are a ton of extra coverages that you can buy when buying auto insurance. Things like personal injury protection, towing coverage and term life insurance are some examples. They may seem good initially, but if they're wasting money remove them from your policy.
More people means more accidents - Choosing to live in a rural area can be a good thing when talking about auto insurance. Urban drivers regularly have much more traffic and longer commute times. Fewer people translates into fewer accidents as well as less vandalism and auto theft.
Do you qualify for a multi-policy discount? - Many insurance companies will give a discount to insureds who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, it's still a good idea to comparison shop to ensure the best deal. You may still find a better deal by buying auto insurance from a different company.
Being married is a good thing - Having a wife or husband can get you a discount on auto insurance. It means you're more mature and responsible and statistics show being married results in fewer claims.
With age comes lower rates - Youthful drivers in Alabama are known to be more careless when behind the wheel so auto insurance rates are higher. Older insureds are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel.
Cautious drivers pay less - Your driving citation history has a big impact on rates. Careful drivers get better rates compared to drivers with tickets. Even a single citation can boost insurance rates forty percent or more. Drivers who have flagrant citations like reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.

Don't pay full price with these discounts

Car insurance companies don't always list all their discounts very well, so we researched both the well known and also the lesser-known discounts you could be receiving. If you don't get every credit possible, you are paying more than you should be.

Life Insurance Discount - Larger companies have a break if you buy a life insurance policy as well.
Driver Safety - Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
Bundle and Save - If you insure your home and vehicles with the same insurance company you may save up to 20% off your total premium.
Anti-theft Discount - Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
Sign Online - Certain companies may give you up to $50 simply for signing online.
Save with a New Car - Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
Early Switch Discount - Some companies give discounts for buying a policy prior to your current policy expiration. It's a savings of about 10%.

It's important to understand that some of the credits will not apply the the whole policy. Most only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, it doesn't quite work that way.

To choose companies who offer auto insurance discounts in Alabama, click here.

The auto insurance bait and switch

Consumers in Alabama can't ignore all the ads that promise big savings by GEICO, State Farm and Progressive. They all seem to have a common claim of big savings after switching to their company.

But how can every company claim to save you money? It's all in the numbers.

All companies are able to cherry pick for the driver that makes them money. For instance, a desirable insured might be between 25 and 40, has no tickets, and has a high credit rating. A customer getting a price quote that hits that "sweet spot" will get the preferred rates and therefore will save a lot of money.

Consumers who don't measure up to this ideal profile will have to pay higher prices and this can result in the customer not buying. The ads state "customers who switch" not "everyone that quotes" save that much. That's the way insurance companies can confidently state the savings. Because of the profiling, you should get as many comparisons as possible. It's impossible to know which auto insurance company will have the lowest rates.

More tips and info about auto insurance is located at the Alabama Department of Insurance website. Visitors are able to file complaints about an insurance agent or broker, discover disciplinary actions, and view agent and company licensing information.

Other informative sites include Auto Insurance 101 and this page where you can research Moulton insurance agents.

In the end, you save

As you restructure your insurance plan, do not buy poor coverage just to save money. In many instances, an insured dropped liability coverage limits only to discover later that they should have had better coverage. The ultimate goal is to get the best coverage possible at the best price.

Low-cost auto insurance can be purchased both online and also from your neighborhood Moulton agents, so you should compare both in order to have the best price selection to choose from. Some insurance companies may not provide online price quotes and most of the time these small, regional companies sell through independent agents.

We covered a lot of techniques to save on auto insurance. The most important thing to understand is the more rate quotes you have, the better likelihood of reducing your rate. You may even find the most savings is with a small mutual company.