Revere Auto Insurance For Less Than You're Paying Now

Are you overwhelmed by the wide range of auto insurance company choices in Revere? Many other drivers are as well. People have so many choices that it can turn into a real hassle to find the best price.

It's important to get comparison quotes at least once a year because prices are constantly changing. Even if you got the best rates last year you can probably find a better price now. There is a lot of bad information regarding auto insurance on the web, but I'm going to show you some great ways to quit paying high auto insurance rates.

Locating the lowest cost coverage in Revere can be fairly easy. If you have insurance now or need a new policy, you will benefit by learning to shop for the lowest rates and possibly find even better coverage. Massachusetts vehicle owners just need to know the best way to buy auto insurance online.

Understand what determines the rate you pay

Consumers need to have an understanding of the rating factors that go into determining the price you pay for auto insurance. Knowing what controls the rates you pay helps enable you to make changes that may reward you with big savings.

Drive less and save money - The more miles you rack up on your car in a year the more you will pay for auto insurance. The majority of insurers apply a rate based on how the vehicle is used. Autos not used for work or commuting get more affordable rates than vehicles that are driven to work every day. Ask your agent if your auto insurance policy shows how each vehicle is driven.
Policy add-ons can waste money - There are many extra coverages that you can buy on your auto insurance policy. Coverages for rental car reimbursement, towing coverage and membership fees may be wasting your money. They may seem like a good idea when talking to your agent, but your needs may have changed so eliminate them to save money.
Multiple policies with one company can save - Most auto insurance companies will give a discount to customers who consolidate policies with them in the form of a multi-policy discount. Even though this discount sounds good, it's in your best interest to comparison shop to confirm you are receiving the best rates possible. You may still be able to find a better deal by buying insurance from more than one company.
Discounts for married couples - Getting married can actually save you money on your auto insurance policy. It usually means you are more mature than a single person it has been statistically shown that being married results in fewer claims.
Don't sacrifice liability coverage - Liability insurance provides coverage if ever a court rules you are at fault for damages caused by your negligence. Liability provides you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
Your job and insurance rates - Did you know that where you work can have an impact on rates? Jobs such as real estate brokers, executives and financial analysts are shown to have higher average rates in part from stressful work requirements and lots of time spent at work. Conversely, occupations such as actors, engineers and homemakers pay the least.
With age comes lower rates - Teen drivers in Massachusetts are statistically proven to be more careless when behind the wheel so they pay higher auto insurance rates. Older insureds are viewed as being more responsible, file fewer claims and get fewer tickets.

Are you getting all your discounts?

The price of auto insurance can be rather high, but companies offer discounts that many people don't even know exist. Certain discounts will be triggered automatically when you quote, but some may not be applied and must be asked for prior to getting the savings. If you're not getting every credit possible, you are paying more than you should be.

Auto/Life Discount - Select insurance companies reward you with a discount if you purchase auto and life insurance together.
Defensive Driver - Taking part in a course in driver safety could possibly earn you a 5% discount if your company offers it.
Theft Prevention System - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
Sign Online - A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
Organization Discounts - Participating in a qualifying organization could trigger savings on auto insurance.
Federal Government Employee - Employees or retirees of the government may qualify you for a discount with select insurance companies.
College Student - Any of your kids living away from home attending college and do not have a car can be insured at a reduced rate.
Military Discounts - Having a family member in the military could mean lower rates.
No Claims - Drivers with accident-free driving histories pay less as compared to accident-prone drivers.
Drivers Education - Cut your cost by having your teen driver complete a driver education course in school.

Drivers should understand that most discount credits are not given the the whole policy. Most cut the price of certain insurance coverages like collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, companies wouldn't make money that way. But all discounts will bring down the cost of coverage.

To choose companies offering auto insurance discounts in Massachusetts, click this link.

How can GEICO, State Farm and Progressive save drivers who switch?

Massachusetts consumers can't ignore all the ads that promise big savings from companies such as GEICO, State Farm and Progressive. They all seem to make the same claim that you'll save big if you switch your policy.

How does each company make almost identical claims? This is how they do it.

All the different companies are able to cherry pick for the right customer that makes them money. A good example of a desirable insured could possibly be between the ages of 40 and 55, has no tickets, and drives newer vehicles. A customer getting a price quote who matches those parameters gets the lowest rates and as a result will probably save when switching.

Potential customers who are not a match for these standards will have to pay a higher premium which leads to the driver buying from a lower-cost company. The ads say "drivers who switch" not "everybody who quotes" save that kind of money. That's the way companies can claim big savings.

Because of the profiling, you should compare many company's rates. It's impossible to know which auto insurance company will give you the biggest savings.

Find out more about auto insurance

Much more information about auto insurance in Massachusetts can be read on the Massachusetts Division of Insurance website. Click here for link. Massachusetts consumers can file complaints about an insurance agent or broker, discover disciplinary actions, and read consumer alerts.

A tidy conclusion

When trying to cut insurance costs, never buy poor coverage just to save money. In many instances, an insured dropped collision coverage and discovered at claim time that it was a big mistake. The ultimate goal is to purchase plenty of coverage for the lowest price.

Budget-conscious auto insurance can be found online in addition to many Revere insurance agents, so you should be comparing quotes from both to have the best rate selection. A few companies do not provide online price quotes and most of the time these small insurance companies sell through independent agents.

Insureds switch companies for any number of reasons including delays in paying claims, questionable increases in premium, policy cancellation or even an unsatisfactory settlement offer. Regardless of your reason for switching companies, switching auto insurance companies is easier than you think.