Top 6 Ways You Can Buy Car Insurance for Less in Rochester Hills

If you're new to shopping for car insurance online, you may be overwhelmed by the vast number of car insurance companies all offering big savings in Rochester Hills.

It's important to compare prices occasionally since rates are constantly changing. Just because you found the best deal a few years ago you will most likely find a better rate today. Starting right now, forget anything you know (or think you know) about car insurance because we're going to show you the proper way to find lower rates on car insurance.

If you have a current car insurance policy or need new coverage, you can learn to find better prices while maintaining coverages. The purpose of this article is to introduce you to how car insurance quotes work. Michigan vehicle owners just need to know the most efficient way to shop for car insurance over the internet.

These six discounts can lower your rates

The cost of insuring your cars can be expensive, but you can get discounts that you may not know about. Certain discounts will be applied when you complete an application, but some must be manually applied before they will apply. If they aren't giving you every credit you qualify for, you are throwing money away.

College Student - Kids in college who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
Anti-theft System - Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
Sign Online - Some insurance companies may give you up to $50 for buying a policy and signing up on their website.
Driver Safety - Taking a defensive driving course can save you 5% or more if you qualify.
Life Insurance - Select insurance companies reward you with lower rates if you buy life insurance from them.
Accident Forgiveness - A few companies allow you one accident before your rates go up as long as you don't have any claims for a certain period of time.

Drivers should understand that most discount credits are not given to your bottom line cost. Some only apply to specific coverage prices like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, companies wouldn't make money that way. But all discounts will cut the cost of coverage.

Different people need different coverages

When it comes to buying proper insurance coverage for your vehicles, there is no "best" method to buy coverage. Every situation is different.

For instance, these questions might point out whether you might need an agent's assistance.

What are Michigan no-fault laws?
Do I need special endorsements for business use of my vehicle?
Does my personal policy cover me when driving my company car?
Should I rate my vehicle as pleasure use or commute?
What are the financial responsibility laws in Michigan?
I have good health insurance, so how much medical payments coverage do I need?
When does my teenage driver need to be added to my policy?

If you're not sure about those questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It's fast, doesn't cost anything and you can get the answers you need.

Are you falling for claims of savings?

Consumers in Michigan get pounded daily by advertisements for cheaper car insurance by Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise that you'll save big after switching to their company.

How do they all claim to save you money? It's all in the numbers.

Different companies have a certain "appetite" for the driver that earns them a profit. An example of a desirable insured might be between the ages of 30 and 50, owns a home, and drives less than 7,500 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and as a result will probably cut their rates substantially.

Consumers who are not a match for the "perfect" profile will have to pay higher rates and ends up with the customer not buying. The ad wording is "customers who switch" not "everybody who quotes" save that much. That is how companies can advertise the way they do.

Because of the profiling, you should quote coverage with many companies. It's just too difficult to predict which company will provide you with the cheapest rates.

Much more information about car insurance in Michigan is available on the Michigan Office of Financial and Insurance Regulation website found here. Visitors are able to read enforcement actions against agents and companies, read consumer alerts, and get help finding coverage.

And the best car insurance company is...

When shopping online for car insurance, you should never buy lower coverage limits just to save a few bucks. There are many occasions where an insured cut liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at the best price.

Budget-conscious car insurance can be sourced both online and also from your neighborhood Rochester Hills agents, and you should compare price quotes from both to get a complete price analysis. Some car insurance companies may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

People change insurance companies for a variety of reasons including not issuing a premium refund, policy cancellation, an unsatisfactory settlement offer and even delays in responding to claim requests. Regardless of your reason for switching companies, finding a new car insurance company is less work than it seems.