How to Know You're Wasting Money for Car Insurance in Prague

Did you fall for a flashy sales pitch and buy high-priced car insurance? Trust us when we tell you there are a lot of people in Prague just like you who feel imprisoned by their car insurance policy.

With consumers having so many insurance companies to choose from, it can be hard to pick the right company.

How much can you save with discounts?

Companies that sell car insurance don't list every discount very well, so the following is a list of both the well known and the harder-to-find savings tricks you should be using.

No Accidents - Drivers with accident-free driving histories pay less when compared to bad drivers.
Defensive Driver - Successfully completing a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
Early Signing - Select companies give a discount for buying a policy before your current expiration date. This can save 10% or more.
Discount for Good Grades - A discount for being a good student can earn a discount of 20% or more. The good student discount can last until age 25.
Distant Student - Kids in college living away from home attending college and do not have a car can receive lower rates.
Save with a New Car - Buying coverage on a new vehicle can be considerably cheaper because new vehicles have to meet stringent safety requirements.

A little note about advertised discounts, most discount credits are not given the the whole policy. Some only apply to the price of certain insurance coverages like comp or med pay. So when it seems like all the discounts add up to a free policy, you won't be that lucky.

To see a list of insurance companies offering car insurance discounts in Oklahoma, click here to view.

Comprehensive Prague Car Insurance Comparison Quotes

Comparing car insurance rates can take time and effort if you aren't aware of the most efficient way. You can waste a lot of time talking about coverages with insurance agencies in Prague, or you can stay home and use online quotes for quick rates.

Many insurance companies belong to an insurance system that allows shoppers to submit one quote, and at least one company returns a competitive quote based on the submitted data. This saves time by eliminating quote requests for each company you want a rate for. To submit your quote information now, click to open in new window.

The one disadvantage to using this type of system is buyers cannot specifically choose which carriers to get quotes from. So if you want to select from a list of companies to request quotes from, we put together a list of the cheapest car insurance companies in Oklahoma. Click here for list of insurance companies in Oklahoma.

It's up to you which method you use, but compare apples-to-apples coverages and limits on every quote. If each company quotes different deductibles you will not be able to make a fair comparison in Prague. Quoting even small variations in coverages may result in a large different in cost. Just keep in mind that getting more free quotes gives you a better chance of getting a lower rate.

You have some control over your rates

An important part of buying insurance is that you know the different types of things that go into determining the rates you pay for car insurance. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

Your occupation can affect rates - Did you know your occupation can influence how much you pay for car insurance? Careers like real estate brokers, business owners and stock brokers tend to have the highest rates in part from high stress levels and long work days. On the other hand, occupations like actors, students and homemakers receive lower rates.
Policy add-ons can waste money - There are many extra coverages that can waste your money when buying car insurance. Things like vanishing deductibles, accident forgiveness and term life insurance may be costing you every month. These may sound like a good investment when talking to your agent, but if they're wasting money remove them from your policy.
What type of vehicle do you drive? - The performance level of the car you are buying insurance for makes a huge difference in determining your rates. The cheapest insurance rates are generally reserved for low performance passenger cars, but the final cost of insurance is determined by many other factors.
Bad driving skills means higher rates - A bad driving record has a big impact on rates. Careful drivers tend to pay less for car insurance than bad drivers. Even one moving violation can boost insurance rates forty percent or more. If you have serious violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to continue driving.
Mature drivers pay less - Youthful drivers in Oklahoma are statistically proven to be careless and easily distracted when behind the wheel so car insurance rates are higher. Older insureds are more cautious drivers, statistically cause fewer accidents and are safer drivers.
Drive less and save money - The more miles you rack up on your car in a year the higher your rate. Most insurance companies charge to insure your cars based upon how you use the vehicle. Cars and trucks used primarily for pleasure use get more affordable rates compared to those used for work or business. Double check that your car insurance policy properly reflects how each vehicle is driven.
Car features impact rates - Choosing a vehicle with anti-theft technology or alarm system can help lower your rates. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart car theft.

Save 15 percent in 15 minutes? Is it for real?

Car insurance providers like Progressive, Allstate and GEICO constantly bombard you with television and radio advertisements. They all make an identical promise about savings if you switch to their company. But how can every company claim to save you money? This is how they do it.

Insurance companies are able to cherry pick for the driver that is profitable for them. A good example of a driver they prefer might be between the ages of 40 and 55, has no tickets, and drives less than 7,500 miles a year. Any driver who meets those qualifications will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Consumers who don't meet this ideal profile will be quoted higher rates and ends up with the customer not buying. The ad wording is "drivers who switch" but not "drivers who get quotes" save that much. That's the way companies can truthfully advertise the way they do. This emphasizes why drivers must get quotes from several different companies. You cannot predict which car insurance company will provide you with the cheapest rates.

Shop smart and save

Cheaper car insurance is available both online and also from your neighborhood Prague agents, so you should be comparing quotes from both to get a complete price analysis. Some car insurance companies may not provide the ability to get a quote online and these small insurance companies work with independent agents.

We just presented some good ideas how you can compare car insurance prices online. The key thing to remember is the more price quotes you have, the higher your chance of finding lower rates. Consumers could even find that the lowest priced car insurance comes from a lesser-known regional company. These smaller insurers may cover specific market segments cheaper compared to the large companies like .

Find out more about car insurance

Even more information can be read at the Oklahoma Insurance Department website. Visitors are able to read industry bulletins, discover disciplinary actions, learn about specific coverages, and file complaints about a company.

Additional helpful sites include this online resource for car insurance quotes in Oklahoma and this list of insurance agents in Prague.