Top Ways to Save on Princeton Auto Insurance
Are you tired of robbing Peter to pay Paul each month for car insurance? You are in the same boat as the majority of other car owners in West Virginia.
Big companies like GEICO and Progressive all promote huge savings with advertising and consumers find it hard to sift through the bull and effectively compare rates to find the best deal.
It's important to get comparison quotes before your policy renews since insurance rates are constantly changing. If you had the best rates a few years ago you may be paying too much now. You'll find quite a bit of inaccurate information about auto insurance online, so I'm going to show you some great ways to slash your auto insurance rates.
If you have car insurance now, you will be able to reduce your rates substantially using this strategy. Finding the best rates in Princeton is quite easy. Nevertheless, West Virginia vehicle owners do need to know how big insurance companies market on the web.
Comparison of Auto Insurance in Princeton
Most major insurance companies quote insurance quotes online. Getting online quotes doesn't take much effort as you just type in as detailed in the form. Behind the scenes, their system will obtain your driving and credit reports and quotes a price based on these and other factors. Online quotes makes it a lot easier to compare rates but having to visit each company's website and repetitively enter the same data into a form gets old quite quickly. But it's very important to have as many quotes as possible if you are searching for better auto insurance pricing.
There is an easier way!
A less time-consuming method to lower your auto insurance bill requires only one form that obtains quotes from several different companies. The form is fast, eliminates repetitive work, and makes online price comparison a lot less work. After sending the form, it is quoted and you are able to buy your choice of the returned quotes.
If the quotes result in lower rates, it's easy to complete the application and purchase the new policy. It can be completed in less than 10 minutes and can result in significant savings.
To quickly find out what other companies charge, click here to open in new window and submit the form. If you have your current policy handy, we recommend you enter your coverages exactly as they are listed on your policy. This way, you're receiving comparison quotes based on similar coverages.
Understand what determines the rate you pay
It's important that you understand the factors that come into play when calculating auto insurance rates. Having a good understanding of what determines base rates helps enable you to make changes that may reward you with lower auto insurance prices.
- More miles equals more premium - The more you drive every year the more you will pay for auto insurance. The majority of insurers price each vehicle's coverage determined by how the vehicle is used. Cars left parked in the garage get more affordable rates than vehicles that are driven to work every day. Make sure your auto insurance policy is rated on the correct driver usage.
- Don't cancel a policy without a new one in place - Driving your car without having proper coverage can get your license suspended and you will pay a penalty because you let your coverage have a gap. And not only will your rates increase, failure to provide proof of insurance will get you a license revocation or jail time.
- Rates may be higher depending on your occupation - Jobs such as real estate brokers, social workers and dentists are shown to have the highest average rates attributed to job stress and lengthy work days. Other occupations such as farmers, historians and the unemployed pay the least.
- Men fork out a little more - The statistics show women are more cautious behind the wheel. However, don't assume that men are WORSE drivers than women. Women and men are in accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also get more serious tickets like reckless driving and DUI.
- A clean driving record saves money - Your driving citation history has a huge affect on how much you pay. Just one ticket may increase your cost twenty percent or more. Drivers with clean records receive lower rates than people who have multiple driving citations. Drivers who have severe citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 form with the DMV in their state in order to drive a vehicle legally.
- High crash test scores lower rates - Cars with high safety ratings get lower rates. These vehicles have better occupant injury protection and better occupant protection translates into fewer and smaller insurance claims and more competitive rates for policyholders.
- Bump up deductibles to save - Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some examples of claims that would be covered are colliding with a building, damage caused by hail, and rolling your vehicle. The deductibles are how much you are required to spend out-of-pocket before your auto insurance pays a claim. The more expense the insured has to pay upfront, the less your company will charge you for insurance.
- Clean credit earns discounts - Credit rating is a large factor in your rate calculation. Consumers who have good credit tend to be less risk to insure than drivers who have lower credit ratings. If your credit can use some improvement, you could be paying less to insure your by improving your credit score.
These discounts can lower your rates
The price of auto insurance can be rather high, but companies offer discounts that can drop the cost substantially. A few discounts will automatically apply at the time you complete a quote, but some may not be applied and must be manually applied prior to getting the savings.
- New Vehicle Savings - Putting insurance coverage on a new car can save up to 30% since new cars are generally safer.
- Seat Belt Usage - Buckling up and requiring all passengers to buckle their seat belts could save 15% off your medical payments premium.
- No Claims - Claim-free drivers pay less as compared to frequent claim filers.
- One Accident Forgiven - A handful of insurance companies permit an accident without raising rates as long as you don't have any claims prior to the accident.
- Air Bag Discount - Factory air bags can qualify for discounts of up to 25% or more.
- Drive Less and Save - Keeping the miles down could qualify for a substantially lower rate.
- More Vehicles More Savings - Buying coverage for multiple cars or trucks on one policy could earn a price break for each car.
It's important to understand that some of the credits will not apply to the entire cost. Most cut the cost of specific coverages such as collision or personal injury protection. So despite the fact that it appears it's possible to get free car insurance, it doesn't quite work that way. Any qualifying discounts will reduce the cost of coverage.
For a list of companies with the best auto insurance discounts in Princeton, click here.
Additional auto insurance information can be read on the website for the West Virginia Insurance Commission through this link. West Virginia drivers can file complaints about an insurance agent or broker, find a variety of consumer forms, read industry bulletins, and learn about insurance regulations.
Affordable insurance is out there
As you shop your coverage around, it's a bad idea to reduce needed coverages to save money. In many instances, an accident victim reduced full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to purchase plenty of coverage at an affordable rate.
Low-cost auto insurance is definitely available on the web in addition to many Princeton insurance agents, so compare prices from both to have the best rate selection. Some insurance providers do not provide online quoting and most of the time these small insurance companies sell through independent agents.