Lower Online Reserve Auto Insurance Prices With These Methods

If you've never shopped for auto insurance online, it's easy to get confused by the sheer number of auto insurance companies selling insurance in Reserve.

Save big with these discounts

Car insurance companies don't always list all available discounts very clearly, so we break down both well-publicized as well as the least known discounts you could be receiving.

  • Homeowners Savings - Owning a home in Reserve can save you money due to the fact that maintaining a home is proof that your finances are in order.
  • Good Student - Getting good grades can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • Student in College - Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
  • Life Insurance Discount - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • Multiple Vehicles - Insuring multiple vehicles on one policy may reduce the rate for each vehicle.
  • Discount for New Cars - Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.

A little note about advertised discounts, some credits don't apply to the entire policy premium. Some only apply to individual premiums such as physical damage coverage or medical payments. So when the math indicates it's possible to get free car insurance, you won't be that lucky.

For a list of insurers who offer auto insurance discounts in New Mexico, click here.

Vehicle Insurance Comparison

There are several ways of comparing price quotes from different Reserve insurance companies. The recommended way to find the lowest rates is to perform an online rate comparison. This can be accomplished using a couple different methods.

One of the best ways to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This type of form prevents you from having to do separate quote forms for every auto insurance company. Just one form will get you rate comparisons from many national carriers. It's definitely the quickest method.

A more difficult way to get quotes online requires you to visit each individual company website to request a price quote. For sake of this example, let's say you want to compare , and . To get rate quotes you would need to spend time on each company's site and enter your policy data, which is why the first method is more popular.

To view a list of companies in Reserve, click here.

The most time-consuming method to get comparison rates is to waste gas driving to local Reserve insurance agencies. Buying insurance online makes this process obsolete unless you require the trained guidance of a local Reserve agent. It is possible to compare online quotes and still use a local agent. We'll cover that shortly.

Whichever method you choose, be sure to compare identical coverage information for each price quote. If each company quotes unequal deductibles or liability limits it's impossible to truly determine the lowest rate in Reserve. Slightly different coverages may result in a large different in cost. Keep in mind that getting more free quotes helps you find the best offered rates.

But I don't know anything about car insurance

When it comes to choosing adequate coverage for your vehicles, there isn't really a cookie cutter policy. Everyone's situation is a little different.

These are some specific questions may help highlight if your situation might need an agent's assistance.

  • When do I need to add a new car to my policy?
  • Do I need to file an SR-22 for a DUI in New Mexico?
  • Do I pay less if my vehicle is kept in my garage?
  • What happens if I owe more than my vehicle is worth?
  • Am I covered when driving on a suspended license?
  • Can I still get insurance after a DUI?

If you can't answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Shop smart and save

Cheaper auto insurance can be bought online and also from your neighborhood Reserve agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who may not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

You just read a lot of ways to get a better price on auto insurance. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the lowest rates come from some of the lesser-known companies.

When you buy insurance online, make sure you don't sacrifice coverage to reduce premiums. In too many instances, someone dropped uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. Your focus should be to get the best coverage possible at a price you can afford while not skimping on critical coverages.