Compare Nephi Car Insurance Prices With These Methods

Are you intimidated by the sheer number of car insurance company choices in Nephi? You're not alone. You have so many options available that it can turn into more work than you anticipated to find the best price.

It's important to price shop coverage every six months because rates are constantly changing. Despite the fact that you may have had the lowest rates a couple years back a different company probably has better rates today. Starting now, block out anything you think you know about car insurance because you're going to learn the tricks you need to know to lower your annual insurance bill.

These discounts can lower your rates

Car insurance can cost a lot, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be applied at the time of quoting, but lesser-known reductions have to be asked about before you will receive the discount. If you're not getting every credit possible, you are throwing money away.

Discount for Good Grades - Performing well in school can save 20 to 25%. This discount can apply well after school through age 25.
Multiple Vehicles - Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.
Resident Student - Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
Multi-policy Discount - If you have multiple policies with one insurance company you may save 10% to 20% off each policy.
Passive Restraint Discount - Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts up to 30%.

Keep in mind that most discount credits are not given to all coverage premiums. Some only apply to individual premiums such as medical payments or collision. So when it seems like you could get a free car insurance policy, it just doesn't work that way. But any discount will bring down the cost of coverage.

Learn How to Buy Car Insurance Cheaper

Smart consumers have a good feel for the different types of things that help determine your car insurance rates. Knowing what influences your rates helps enable you to make changes that can help you get better car insurance rates.

The following are a few of the "ingredients" that factor into your rates.

How's your driving record? - Your driving record has a lot to do with how much you pay for insurance. Drivers with clean records have lower premiums compared to drivers with tickets. Even one speeding ticket may increase your cost forty percent or more. Drivers who get flagrant violations like hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form with their state motor vehicle department in order to keep their license.
Do you know your deductibles? - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of claims that would be covered are a windshield shattered by a rock, collision with an animal, and rolling your vehicle. Deductibles for physical damage are the amount of money you are required to spend if you file a covered claim. The higher the amount the insured has to pay upfront, the less your car insurance will be.
Older drivers pay less - Young drivers in Utah are known to be less responsible when behind the wheel so they pay higher car insurance rates. Older insureds tend to be more responsible, tend to cause fewer accidents and get fewer tickets.
Where you live - Choosing to live in a small town has it's advantages when it comes to car insurance. Drivers who live in large cities tend to have congested traffic and longer commutes to work. Less people living in that area means reduced accidents.
Better credit scores mean better rates - Your credit history is a important factor in calculating your car insurance rates. If your credit rating is not that good, you could potentially save money when insuring your by spending a little time repairing your credit. Consumers who have high credit scores tend to be less risk to insure than those with lower credit scores.
Save money with special equipment - Choosing a vehicle with an alarm system can get you a discount on your car insurance. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft.

Are you falling for claims of savings?

Consumers get pounded daily by advertisements that promise big savings from companies such as State Farm and Allstate. All the ads make an identical promise that you can save after switching your policy.

How does each company make the same claim?

Different companies are able to cherry pick for the right customer that earns them a profit. For example, a preferred risk could be between the ages of 30 and 50, has no driving citations, and drives less than 10,000 miles a year. A customer who meets those qualifications will qualify for the lowest rates and as a result will probably save when switching.

Potential insureds who are not a match for these standards will be charged more money and ends up with business going elsewhere. The ad wording is "customers that switch" not "everybody who quotes" save that kind of money. That's the way insurance companies can advertise the way they do.

That is why drivers should get as many comparisons as possible. Because you never know which car insurance company will provide you with the cheapest rates.

More information can be found on the Utah Insurance Department website located here. Consumers can file complaints about a company, report car insurance fraud, and read enforcement actions against agents and companies.

Also read more on NAIC.org's Understanding your Policy and this directory of insurance agents in Nephi Utah.

And the best car insurance company is...

We just showed you some good ideas how you can reduce car insurance prices online. The most important thing to understand is the more you quote, the higher your chance of finding lower rates. You may even find the lowest rates come from the least-expected company.

Affordable car insurance can be bought from both online companies in addition to many Nephi insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some car insurance companies do not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

As you go through the steps to switch your coverage, make sure you don't skimp on coverage in order to save money. There have been many cases where someone sacrificed uninsured motorist or liability limits only to regret that the savings was not a smart move. Your goal should be to get the best coverage possible at a price you can afford, not the least amount of coverage.