Newport Beach Auto Insurance For Less Than You're Paying Now

Finding cheap Newport Beach auto insurance over the internet is rather challenging for consumers new to shopping for insurance online. Because there are so many insurers available, how can you have a chance to compare the different rates to find the best price?

It's important to price shop coverage on a regular basis because prices are constantly changing. Even if you got the best rates last year you will most likely find a better rate today. You can find a lot of misleading information regarding auto insurance on the web, but we're going to give you some great ways to put money back in your pocket.

Finding the best rates in Newport Beach is not that difficult. Just about anyone who carries auto insurance should be able to reduce their rates. Although California drivers do need to know how big insurance companies price insurance differently.

Are you getting all your discounts?

Companies that sell car insurance don't always advertise every available discount very well, so the following is a list of both well-publicized and also the lesser-known savings tricks you should be using.

  • Good Student Discount - Performing well in school can get you a discount of up to 25%. The good student discount can last well after school through age 25.
  • Accident Waiver - Some insurance companies allow you one accident before your rates go up if you are claim-free prior to the accident.
  • Multi-policy Discount - If you have multiple policies with one insurance company you could get a discount of up to 20% off your total premium.
  • Anti-theft Discount - Cars that have factory anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • Clubs and Organizations - Participating in a professional or civic organization is a good way to get lower rates on your policy.
  • Driver's Ed - Make teen driver coverage more affordable by requiring them to take driver's ed class if it's offered in school.
  • Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like medical payments or collision. So even though they make it sound like you can get free auto insurance, you won't be that lucky.

California auto insurance

How can State Farm and Allstate save drivers who switch?

Companies like State Farm and Allstate continually stream ads on television and other media. All the ads make an identical promise about savings after switching your policy. But how can every company make almost identical claims? It's all in the numbers.

All companies have a preferred profile for the right customer that earns them a profit. A good example of a preferred risk could possibly be between 30 and 50, insures multiple vehicles, and has great credit. A customer getting a price quote who meets those qualifications is entitled to the best price and as a result will probably save a lot of money.

Drivers who are not a match for this ideal profile will be charged a higher premium and ends up with the driver buying from a lower-cost company. The ads state "customers who switch" not "everybody who quotes" save that kind of money. This is how companies can truthfully advertise the savings. That is why you should get quotes from several different companies. It's impossible to know which insurance companies will give you the biggest savings.

Even more information can be read at the California Department of Insurance website. California consumers can file complaints about a company, get help finding coverage, and view agent and company licensing information.

Also read more on NAIC.org's Understanding your Policy and this directory of insurance agents in Newport Beach California.

Affordable insurance is out there

You just read some good ideas how you can reduce auto insurance prices online. The most important thing to understand is the more you quote, the better your chances of lowering your rates. You may be surprised to find that the best prices are with some of the smallest insurance companies.

The cheapest auto insurance can be purchased online in addition to many Newport Beach insurance agents, so compare prices from both to have the best selection. There are still a few companies who do not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

As you prepare to switch companies, do not buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced collision coverage and discovered at claim time that the small savings ended up costing them much more. Your goal should be to buy a smart amount of coverage at the best price, not the least amount of coverage.