10 Methods to Save on Car Insurance in North Miami

Overpriced car insurance can dwindle your personal savings and put a big crunch on your finances. Shopping your coverage around is free and is an excellent way to reduce premiums and put more money in your pocket.

Numerous battle for your business, and because of this it can be hard to compare to find the lowest price

It's important to compare prices quite often since rates are constantly changing. Despite the fact that you may have had the best rates last year a different company probably has better rates today. There is a lot of bad information regarding car insurance on the web, but I'm going to show you some great ways to find cheap car insurance.

More discounts equal less premium

Companies don't list all their discounts in an easy-to-find place, so the following is a list of some of the more common and the harder-to-find ways to save on car insurance.

Auto/Life Discount - Some companies give lower rates if you buy a life insurance policy as well.
College Student - Any of your kids living away from home attending college and do not have access to a covered vehicle may be able to be covered for less.
55 and Retired - If you qualify as a senior citizen, you may be able to get a small decrease in premiums.
Multiple Vehicles - Having multiple vehicles on one policy qualifies for this discount.
Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
Own a Home - Owning a house in North Miami may earn you a small savings due to the fact that maintaining a home demonstrates responsibility.
Claim Free - Drivers who don't have accidents pay less as compared to drivers who are more careless.
Lower Rates for Military - Having a family member in the military may qualify for rate reductions.
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.
Drive Less and Save - Fewer annual miles could qualify for better rates on cars that stay parked.

Keep in mind that many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, it just doesn't work that way.

It's not one size fits all

When it comes to buying coverage for your personal vehicles, there is no "perfect" insurance plan. Everyone's situation is unique so this has to be addressed. Here are some questions about coverages that may help you determine if you would benefit from professional advice.

When does my teenage driver need to be added to my policy?
Why does it cost so much to insure a teen driver in North Miami?
Am I covered by my employer's commercial auto policy when driving my personal car for business?
Am I covered when driving on a suspended license?
Do I need special endorsements for business use of my vehicle?
Am I covered if I wreck a rental car?
Does my policy cover my teen driver if they drive my company car?
Why am I be forced to buy a membership to get insurance from some companies?

If it's difficult to answer those questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Switch companies and save? Really?

Car insurance companies such as GEICO, State Farm and Progressive continually stream ads in print and on television. They all seem to make the same claim that you can save after switching your coverage to them. How do they all make the same claim? This is how they do it.

All companies have a preferred profile for the type of customer that earns them a profit. A good example of a desirable insured could be a mature driver, insures multiple vehicles, and drives newer vehicles. Any new insured who matches those parameters receives the best rates and therefore will cut their rates substantially.

Potential insureds who do not match the "perfect" profile will have to pay more money which leads to business going elsewhere. Company advertisements say "drivers who switch" not "everyone that quotes" save that much money. This is how insurance companies can claim big savings. Because of the profiling, drivers should get a wide range of price quotes. It's just too difficult to predict which insurance companies will give you the biggest savings.

More sites with car insurance information

Additional detailed information can be read at the Florida Office of Insurance Regulation website. Consumers can view agent and company licensing information, read enforcement actions against agents and companies, report car insurance fraud, and find out which companies have the most complaints.

Final considerations

When trying to cut insurance costs, never skimp on coverage in order to save money. In many instances, drivers have reduced full coverage and found out when filing a claim that it was a big mistake. The ultimate goal is to buy enough coverage for the lowest price.

Affordable car insurance can be bought from both online companies as well as from independent agents in North Miami, and you need to price shop both to have the best chance of lowering rates. A few companies don't offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.