Peabody Car Insurance For Less Than You're Paying Now
Are you overwhelmed by the number of car insurance choices in Peabody? You're not the only one! People have so many options available that it can turn into a big hassle to compare prices.
Save big with these discounts
Properly insuring your vehicles can get expensive, buy you may qualify for discounts that you may not even be aware of. Larger premium reductions will be automatically applied at the time you complete a quote, but lesser-known reductions have to be manually applied prior to getting the savings.
- No Claims - Drivers with accident-free driving histories can earn big discounts when compared to drivers who are more careless.
- Defensive Driver - Completing a driver safety course could possibly earn you a 5% discount if you qualify.
- Passive Restraints and Air Bags - Cars that have air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
- Federal Government Employee - Active or retired federal employment can save as much as 8% with a few car insurance companies.
- Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in school.
- New Car Discount - Buying coverage on a new vehicle is cheaper since new cars are generally safer.
As a disclaimer on discounts, most discount credits are not given the the whole policy. Some only reduce the price of certain insurance coverages like comp or med pay. So despite the fact that it appears it's possible to get free car insurance, car insurance companies aren't that generous. Any amount of discount will reduce your overall premium however.
Car insurance ads bend the truth
Car insurance providers like Progressive, Allstate and GEICO constantly bombard you with ads on TV and radio. They all make an identical promise about savings if you switch your policy. How can each company make the same claim? This is how they do it.
All companies are able to cherry pick for the right customer that earns them a profit. An example of a driver they prefer could be a mature driver, has no tickets, and drives less than 7,500 miles a year. A customer who meets those qualifications will get very good rates and most likely will save when they switch companies.
Potential customers who fall outside the requirements will be quoted a more expensive rate and ends up with business going elsewhere. The ads say "drivers who switch" not "people who quote" save that kind of money. That's the way companies can truthfully advertise the way they do.
This emphasizes why you should quote coverage with many companies. Because you never know which car insurance company will provide you with the cheapest rates.
Additional information is available on the Massachusetts Division of Insurance website. Click here for link. Consumers can read industry bulletins, discover disciplinary actions, and find out industry alerts.
Affordable insurance is out there
People switch companies for any number of reasons including high rates after DUI convictions, questionable increases in premium, poor customer service and even extreme rates for teen drivers. Whatever your reason, switching car insurance companies is less work than it seems.
Cheap car insurance is available from both online companies in addition to many Peabody insurance agents, and you need to price shop both to have the best rate selection. Some car insurance companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.
We just showed you some good ideas how you can reduce car insurance prices online. The key thing to remember is the more price quotes you have, the better likelihood of reducing your rate. Drivers may discover the best price on car insurance is with a lesser-known regional company.