Comparison Shop Newcastle Auto Insurance Prices With These Tricks

Shopping for low-cost Newcastle auto insurance online is intimidating for beginners to price shopping online. Since there are so many companies competing online, how can you effectively compare every one to find the best available rates?

Choosing the best insurance company for you in Newcastle is not that difficult. If you currently have a car insurance policy, you will be able to save some money using these techniques. Oklahoma consumers only need to know how to shop their coverage around on the web.

More discounts equal less premium

Companies don't list every discount very well, so here is a list both well-publicized and the more hidden discounts you could be receiving. If you don't get every credit you deserve, you are throwing money away.

  • Government Employees - Active or retired federal employment could cut as much as 10% off with a few auto insurance companies.
  • Save over 55 - If you qualify as a senior citizen, you may receive better auto insurance rates.
  • Own a Home - Simply owning a home can save you money because maintaining a house requires personal responsibility.
  • Air Bag Discount - Cars that have air bags or automatic seat belts can receive discounts of 20% or more.
  • Low Mileage Discounts - Low mileage vehicles can qualify you for a substantially lower rate.
  • Paperwork-free - A few companies will discount your bill up to fifty bucks for buying your policy online.
  • Distant Student - Youth drivers who live away from home and don't have a car may be able to be covered for less.

A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as comp or med pay. So even though they make it sound like adding up those discounts means a free policy, you won't be that lucky.

Good Decisions Result in Lower Rates

Smart consumers have a good feel for the factors that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

Shown below are some of the factors auto insurance companies consider when setting prices.

  • Do you work long hours in a high stress job? - Careers like doctors, social workers and stock brokers tend to have the highest rates attributed to high stress levels and long work days. On the other hand, jobs such as pilots, students and retirees receive lower rates.
  • Older drivers pay less - Teen drivers in Oklahoma have a tendency to be careless and easily distracted when driving so auto insurance rates are higher. If you've ever had to add a young driver to your auto insurance policy can be very expensive. More mature drivers are more cautious drivers, statistically cause fewer accidents and tend to be better behind the wheel.
  • Increase deductibles and save - The deductibles define the amount you are willing to pay out-of-pocket in the event of a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply could be running into the backend of another car, damage from fire, and burglary. The more money you are required to pay out-of-pocket, the bigger discount you will receive.
  • Traffic violations increase rates - Even one speeding ticket can boost insurance rates twenty percent or more. Careful drivers receive lower rates than their less careful counterparts. If you have dangerous violations such as reckless driving, hit and run or driving under the influence may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.
  • Don't buy coverages you don't need - There are quite a few add-on coverages that can waste your money on your auto insurance policy. Things like personal injury protection, accident forgiveness and term life insurance are some examples. These may sound like a good investment at first, but if they're wasting money remove them from your policy.

It's not one size fits all

When it comes to buying proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Everyone's needs are different.

Here are some questions about coverages that may help you determine if you could use an agent's help.

  • Why am I required to get a high-risk car insurance policy?
  • Am I covered by my employer's commercial auto policy when driving my personal car for business?
  • When do I need to add a new car to my policy?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is my vehicle covered for flood damage?
  • Does medical payments coverage apply to all occupants?
  • Why does it cost so much to insure a teen driver in Newcastle?
  • Should I put collision coverage on all my vehicles?

If you can't answer these questions then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form. It's fast, doesn't cost anything and can provide invaluable advice.

Switch companies and save? Really?

Oklahoma consumers get pounded daily by advertisements for car insurance savings by Progressive, Allstate and GEICO. They all have a common claim about savings if you change to their company.

But how can every company make almost identical claims?

Insurance companies have a preferred profile for the driver that earns them a profit. An example of a driver they prefer could possibly be over the age of 40, insures multiple vehicles, and has excellent credit. A driver that hits that "sweet spot" is entitled to the best price and therefore will save a lot of money.

Consumers who do not match this ideal profile will be quoted higher prices and this can result in the driver buying from a lower-cost company. Company advertisements say "people who switch" not "everyone that quotes" save that much. This is how companies can truthfully make those claims. This emphasizes why drivers should compare many company's rates. It is impossible to predict which insurance companies will have the lowest rates.

More sites with auto insurance information

Even more information is available at the Oklahoma Insurance Department website. Oklahoma consumers can read industry bulletins, read enforcement actions against agents and companies, and report car insurance fraud.

Also read more on this online resource for auto insurance quotes in Oklahoma and this list of insurance agents in Newcastle.

Newcastle auto insurance comparison

A tidy conclusion

Drivers leave their current company for many reasons like high rates after DUI convictions, not issuing a premium refund, lack of trust in their agent and even poor customer service. It doesn't matter why you want to switch finding the right auto insurance provider is less work than it seems.

While you're price shopping online, don't be tempted to skimp on coverage in order to save money. There are too many instances where drivers have reduced liability limits or collision coverage only to find out they didn't purchase enough coverage. Your strategy should be to buy enough coverage at an affordable rate while still protecting your assets.

The cheapest auto insurance can be sourced online and also from your neighborhood Newcastle agents, and you need to comparison shop both in order to have the best price selection to choose from. Some companies may not provide you the ability to get quotes online and these smaller companies work with independent agents.