Tightwads Instructions on Saving on Raymond Auto Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us, there are many Raymond consumers feeling the pinch from expensive auto insurance. Lots of contend for your business, so it can be very hard to choose a to discover the definitive lowest price

You have some control over your rates

Consumers need to have an understanding of some of the elements that go into determining auto insurance rates. Understanding what influences your rates enables informed choices that will entitle you to lower auto insurance prices.

Listed below are a partial list of the pieces auto insurance companies consider when setting prices.

Lower rates with optional equipment - Choosing a vehicle that has an advanced theft prevention system can save you a little every year. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your car from being stolen.
Do you know your deductibles? - Your deductibles define the amount you are willing to pay before a claim is paid by your company. Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some instances where coverage would apply are running into the backend of another car, collision with an animal, and rolling your vehicle. The more you are required to pay out-of-pocket, the less your auto insurance will be.
Multiple policies with one company can save - Most companies provide better rates to people who have multiple policies with them. It's known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. Even with this discount, you may still want to comparison shop to ensure the best deal. You may still be able to find a better deal by splitting coverages up.
Do you have enough liability coverage? - Liability insurance provides coverage when a jury decides you are liable for causing damage or personal injury in an accident. It provides legal defense starting from day one. Liability insurance is quite affordable compared to physical damage coverage, so buy as much as you can afford.
Where you live - Choosing to live in a rural area can save you money when buying auto insurance. Fewer drivers translates into fewer accidents as well as less vandalism and auto theft. Drivers in populated Mississippi areas tend to have traffic congestion and longer commutes to work. Longer commute distances means higher likelihood of an accident.
Safer occupants lowers premiums - Cars with high safety ratings are cheaper to insure. The safest vehicles reduce injuries and better occupant protection means lower claim amounts and lower rates for you.

Be sure to get all your discounts

Companies that sell car insurance don't necessarily list every discount in an easy-to-find place, so we researched some of the best known and the more hidden auto insurance savings. If they aren't giving you every credit possible, you are paying more than you should be.

Payment Discounts - If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
Multi-car Discount - Buying insurance for more than one vehicle with the same company could earn a price break for each car.
Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
Organization Discounts - Affiliation with certain professional organizations could qualify you for a break when shopping for auto insurance.
Discount for Life Insurance - Some companies give lower rates if you buy a life insurance policy as well.

Keep in mind that most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as liability and collision coverage. Just because it seems like all the discounts add up to a free policy, it just doesn't work that way.

To choose insurance companies offering auto insurance discounts in Raymond, follow this link.

Is there truth in advertising?

Mississippi drivers can't ignore all the ads that promise big savings by State Farm, Allstate and GEICO. They all say the same thing that you can save if you switch to their company.

How do they all say the same thing?

All companies are able to cherry pick for the driver that makes them money. For instance, a driver they prefer might be profiled as between 25 and 40, has no driving citations, and drives newer vehicles. A propective insured who fits that profile receives the best rates and is almost guaranteed to cut their rates substantially.

Potential insureds who don't measure up to the "perfect" profile will be quoted more money which usually ends up with business not being written. Company advertisements say "people who switch" but not "drivers who get quotes" save that much. That's the way insurance companies can claim big savings. This emphasizes why you should get quotes from several different companies. It's not possible to predict which auto insurance company will give you the biggest savings.

Learn more about Mississippi auto insurance

Additional detailed information is located at the Mississippi Insurance Department website. Mississippi drivers can view a list of available companies, report car insurance fraud, read consumer alerts, and find out which companies have the most complaints.

A tidy conclusion

Affordable auto insurance can be found on the web and also from your neighborhood Raymond agents, so you should compare both in order to have the best chance of saving money. A few companies may not provide online price quotes and these small, regional companies work with independent agents.

When trying to cut insurance costs, never buy poor coverage just to save money. There have been many situations where someone sacrificed collision coverage and learned later that it was a big mistake. The proper strategy is to buy enough coverage at an affordable rate while still protecting your assets.