Proven Techniques to Save on Rumford Car Insurance

Are you sick and tired of not being able to afford each month for car insurance? You are no different than the majority of other car owners in Maine.

Multiple compete for your business, so it's not easy to compare every to get the lowest price

If you are paying for car insurance now, you will most likely be able to cut costs considerably using these techniques. Choosing the best insurance company for you in Rumford is easy if you know what you're doing. But Maine car owners do need to know the way insurance companies market on the web because it can help you find the best coverage.

More discounts equal less premium

Auto insurance companies don't list every discount in an easy-to-find place, so we researched some of the more common and also the lesser-known savings tricks you should be using.

  • No Claims - Claim-free drivers pay much less when compared to drivers who are more careless.
  • Student Driver Training - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
  • Homeowners Pay Less - Simply owning a home can help you save on car insurance because of the fact that having a home shows financial diligence.
  • Employee of Federal Government - Active or retired federal employment may qualify you for a discount with a few car insurance companies.
  • Pay Upfront and Save - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Low Mileage Discounts - Keeping the miles down could be rewarded with discounted rates on garaged vehicles.
  • Paperwork-free - A handful of insurance companies will give a small break for buying a policy and signing up on their website.
  • New Car Discount - Adding a new car to your policy is cheaper due to better safety requirements for new cars.
  • Anti-lock Brake System - Cars that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.
  • Theft Prevention System - Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.

Drivers should understand that most discount credits are not given to the entire cost. Most cut specific coverage prices like comp or med pay. Just because it seems like all those discounts means the company will pay you, companies wouldn't make money that way.

Learn How to Buy Car Insurance Cheaper

Smart consumers have a good feel for the different types of things that come into play when calculating your car insurance rates. Understanding what controls the rates you pay helps enable you to make changes that will entitle you to big savings.

The list below includes a partial list of the pieces that factor into prices.

  • Rates may be higher depending on your occupation - Careers like judges, business owners and accountants are shown to have higher rates than average due to stressful work requirements and lots of time spent at work. On the flip side, jobs such as farmers, athletes and the unemployed pay the least.
  • High numbers of claims are not good - If you are a frequent claim filer, you can definitely plan on higher rates. Companies in Maine award better rates to people who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • Low deductibles can be expensive - Deductibles for physical damage define the amount you are required to spend out-of-pocket before a claim is paid by your company. Physical damage insurance, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some examples of claims that would be covered are running into the backend of another car, vandalism, and windstorm damage. The more the insured has to pay upfront, the less your company will charge you for insurance.
  • Better credit scores mean better rates - Having a bad credit rating is a big factor in your rate calculation. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with lower ratings. Therefore, if your credit rating can use some improvement, you could potentially save money when insuring your by repairing your credit.
  • Optional equipment can affect rates - Driving a car with a theft deterrent system can save you a little every year. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder car theft.
  • Little extras can really add up - There are a lot of extra bells and whistles that can waste your money on your policy. Coverages like personal injury protection, accident forgiveness and membership fees may be costing you every month. They may seem like a good idea initially, but your needs may have changed so get rid of them and save.
  • Pay less if you're married - Having a wife or husband actually saves money on your policy. Having a significant other usually means you are more mature than a single person and statistics show drivers who are married are more cautious.

Switch companies and save? Really?

Car insurance providers like Progressive, Allstate and GEICO regularly use ads in print and on television. They all make an identical promise that you'll save big if you move your policy. How do they all make the same claim? It's all in the numbers.

All the different companies can use profiling for the right customer that earns them a profit. For instance, a driver they prefer could be a mature driver, has no tickets, and chooses high deductibles. A customer who meets those qualifications gets the lowest rates and therefore will cut their rates substantially.

Consumers who do not match the "perfect" profile will be quoted higher prices and ends up with business going elsewhere. The ads say "customers who switch" not "everyone that quotes" save that kind of money. That's why companies can state the savings. This emphasizes why drivers should quote coverage with many companies. Because you never know the company that will give you the biggest savings.

More Maine car insurance information

More detailed Maine car insurance information is located at the Maine Bureau of Insurance website. Consumers can read industry bulletins, download brochures, report car insurance fraud, and find out industry alerts.

compare Rumford car insurance rates

Shop smart and save

Budget-conscious car insurance is definitely available from both online companies in addition to many Rumford insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies do not provide you the ability to get quotes online and these small, regional companies work with independent agents.

We just showed you some good ideas how you can reduce car insurance prices online. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. Drivers may discover the best price on car insurance is with some of the smallest insurance companies. Regional companies may only write in your state and offer lower rates as compared to the big name companies such as .