7 Simple Ways to Lower Car Insurance Costs in Presque Isle, ME
Are you tired of scraping the payment together each month for car insurance? Your situation is no different than millions of other consumers.
There are many to pick from, and although it's nice to be able to choose, it makes it harder to compare rates.
It's important to check car insurance prices once or twice a year since rates are constantly changing. Just because you found the lowest price a few years ago there is a good chance you can find better rates now. Don't believe everything you read about car insurance online, so I'm going to show you some great ways to reduce your car insurance bill.
Choosing the best insurance company for you in Presque Isle is quite easy. If you currently have a car insurance policy, you should be able to cut costs considerably using these techniques. Nevertheless, Maine consumers do need to know the way insurance companies sell online because it can help you find the best coverage.
Comprehensive Car Insurance Comparison in Presque Isle
There are multiple methods you can shop for car insurance but one way is less labor-intensive and much quicker. You can spend your afternoon discussing policy coverages with insurance agencies in Presque Isle, or you could use online quoting to get prices fast.
Most of the larger companies participate in an industry program that enables customers to submit one quote, and each participating company then gives them pricing for coverage. This system prevents you from having to do quotation requests to each individual car insurance company.
To submit your quote information now, click here to open in new window.
The single downside to comparing rates this way is you are unable to specify which providers you want pricing from. So if you want to select from a list of companies to compare rates, we have a listing of companies who write car insurance in Maine. Click here to view list.
It doesn't matter which method you choose, just double check that you are using identical quote information on every quote you get. If you use mixed coverages then you won't be able to determine which rate is truly the best in Presque Isle. Having just a slight variation in coverage limits can make a big difference in price. It's important to know that quoting more helps you find a better price.
Don't pay full price with these seven discounts
Companies offering auto insurance don't list all their discounts very clearly, so we researched both the well known and also the lesser-known ways to save on car insurance.
- Homeowners Pay Less - Owning a house in Presque Isle may earn you a small savings because maintaining a house shows financial diligence.
- Pay Now and Pay Less - If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
- Multiple Cars - Having all your vehicles with the same company can get a discount on all vehicles.
- Auto/Life Discount - Larger companies have a discount if you purchase life insurance.
- Bundle and Save - If you insure your home and vehicles with the same insurance company you will save at least 10% off all policies.
- Good Students Pay Less - This discount can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
- Organization Discounts - Being a member of a qualifying organization could trigger savings on car insurance.
It's important to understand that many deductions do not apply to the entire cost. Most only apply to specific coverage prices like liability, collision or medical payments. So even though it sounds like adding up those discounts means a free policy, it doesn't quite work that way.
To choose companies with discount car insurance rates in Maine, click this link.
The car insurance bait and switch
Car insurance companies such as State Farm, GEICO and Progressive consistently run ads in print and on television. They all seem to make the same claim of big savings if you change to them. How does each company claim to save you money? It's all in the numbers.
Insurance companies can use profiling for the type of driver that makes them money. For instance, a desirable insured might be a mature driver, has no tickets, and has a short commute. Any new insured who matches those parameters is entitled to the best price and therefore will save when switching.
Drivers who don't measure up to these standards will have to pay a higher premium which leads to the customer not buying. The ads state "customers who switch" not "everyone that quotes" save money. That's why insurance companies can confidently make the claims of big savings. Because of the profiling, you need to get as many quotes as possible. It's just too difficult to predict the company that will fit your personal profile best.
More tips and info about car insurance is located at the Maine Bureau of Insurance website. Visitors are able to get help finding coverage, view a list of available companies, report car insurance fraud, and view agent and company licensing information.
Other informative sites include this page for Maine car insurance and this page for help finding agents in Presque Isle, ME.
The best insurance company isn't always the cheapest
Low-cost car insurance can be sourced both online and with local Presque Isle insurance agents, and you need to price shop both to have the best selection. Some insurance providers do not offer online price quotes and most of the time these small, regional companies sell through independent agents.
As you shop your coverage around, make sure you don't reduce coverage to reduce premium. In many cases, an insured dropped collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage at the best price.
