Proven Ways to Save on Prairie Grove Auto Insurance

Are you tired of paying out the nose each month for car insurance? You are no different than many other drivers in Arkansas.

Multiple compete to insure your vehicles, so it's not easy to compare every and get the definite lowest rate

It's important to do rate comparisons before your policy renews because insurance rates are constantly changing. If you had the lowest price on your last policy a different company probably has better rates today. Forget anything you know (or think you know) about auto insurance because I'm going to let you in on the secrets to one of the easiest ways to find great coverage at a great price.

If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using this strategy. Finding the best rates in Prairie Grove is quite easy. Nevertheless, Arkansas drivers do need to know the way companies determine prices because it can help you find the best coverage.

Are you getting all your discounts?

Car insurance can cost a lot, but you may find discounts to help offset the cost. Certain discounts will be applied at the time of quoting, but less common discounts must be inquired about before you will receive the discount.

  • Air Bag Discount - Vehicles with factory air bags can get savings of up to 25% or more.
  • Accident Free - Claim-free drivers pay much less compared to drivers who are more careless.
  • Student Driver Training - Make teen driver coverage more affordable by requiring them to take driver's ed class in high school.
  • Low Mileage - Keeping the miles down could be rewarded with lower rates on the low mileage vehicles.
  • Defensive Driving Course - Successfully completing a course in driver safety could save 5% or more if you qualify.
  • Theft Prevention Discount - Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Homeowners Pay Less - Being a homeowner may trigger a auto insurance policy discount because of the fact that having a home shows financial diligence.
  • Save over 55 - If you qualify as a senior citizen, you can possibly qualify for reduced rates.

Consumers should know that most credits do not apply to the entire cost. Most only apply to the cost of specific coverages such as medical payments or collision. So even though it sounds like adding up those discounts means a free policy, companies don't profit that way. Any qualifying discounts will cut the cost of coverage.

Arkansas auto insurance

Why some people pay less for insurance in Prairie Grove

Smart consumers have a good feel for some of the elements that come into play when calculating the price you pay for auto insurance. Understanding what determines base rates allows you to make educated decisions that can help you get much lower annual insurance costs.

The list below includes a partial list of the pieces companies use to determine your rates.

  • Your credit rating is important - Your credit rating is a large factor in your rate calculation. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers with lower ratings. If your credit history can use some improvement, you could potentially save money when insuring your by repairing your credit.
  • Rates may be lower depending on your job - Occupations like judges, architects and accountants tend to pay higher rates than average attributed to job stress and long work days. On the flip side, occupations such as farmers, athletes and the unemployed have the lowest average rates.
  • Save money with special equipment - Driving a car that has an advanced theft prevention system can save you a little every year. Anti-theft devices like GM's OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.
  • Higher safety ratings means cheaper insurance - Vehicles with high crash test scores are cheaper to insure. Safer cars result in less severe injuries and lower injury rates translates into fewer and smaller insurance claims and lower rates for you.
  • Do you need those extra coverages? - There are a lot of extra bells and whistles you can purchase on your auto insurance policy. Coverages like rental car reimbursement, better glass coverage and motor club memberships are examples of these. They may seem good at first, but if you don't need them get rid of them and save.
  • More than one policy can earn a discount - The majority of companies give discounts to customers who consolidate policies with them. It's known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, you may still want to compare other company rates to make sure you are getting the best deal. Consumers may find better rates by buying auto insurance from a different company.
  • Bump up deductibles to save - Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your car from damage. Examples of covered claims could be colliding with a building, damage from fire, and rolling your vehicle. Your deductibles are the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The more you're willing to pay, the less your company will charge you for insurance.
  • Sex matters - The statistics show that men are more aggressive behind the wheel. However, don't assume that women are better drivers. Both sexes are in accidents in similar numbers, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations such as DWI and reckless driving.

How can State Farm and Allstate save drivers who switch?

Companies like State Farm and Allstate regularly use ads on television and other media. All the ads say the same thing of big savings if you move to them. How do they all make almost identical claims?

Insurance companies can use profiling for the type of driver that earns them a profit. For instance, a preferred risk could possibly be between the ages of 30 and 50, is a homeowner, and has great credit. A driver who fits that profile is entitled to the best price and as a result will probably cut their rates substantially.

Potential insureds who are not a match for the "perfect" profile will be charged more money which usually ends up with the driver buying from a lower-cost company. The ads state "people who switch" not "everybody who quotes" save money. That's why insurance companies can confidently advertise the savings.

That is why drivers should compare as many rates as you can. It is impossible to predict the company that will fit your personal profile best.

Learn more today

Additional auto insurance information is located on the website for the Arkansas Insurance Department through this link. Arkansas consumers can find out industry alerts, read industry bulletins, view a list of available companies, and find disaster information.

Do the work, save more money

In this article, we presented a lot of information how to reduce auto insurance prices online. The key concept to understand is the more you quote, the better your comparison will be. Drivers may discover the lowest rates come from a company that doesn't do a lot of advertising. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as .

Cost effective auto insurance is possible online and with local Prairie Grove insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not offer you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.