Car Insurance in Salem - 8 Discounts You Might be Unaware of
Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me when I say there are many Salem consumers feeling the pinch from expensive car insurance.
Drivers have multiple to buy insurance from, and although it's a good thing to be able to choose, it can be more challenging to compare rates.
It's important to compare prices every six months since rates are constantly changing. Even if you got the best rates a few years ago you can probably find a better price now. There is too much inaccurate information about car insurance on the internet, so I'm going to show you some great ways to quit paying high car insurance rates.
Choosing the best insurance company for you in Salem is quite easy. If you have car insurance now, you will most likely be able to reduce your rates substantially using these techniques. Nevertheless, Massachusetts consumers do need to know how companies price online insurance.
Don't pay full price with these eight discounts
Companies don't always list all their discounts very clearly, so the following is a list of both the well known and the more hidden savings tricks you should be using.
- Senior Citizens - If you're over the age of 55, you may qualify for better car insurance rates.
- Multi-car Discount - Having more than one vehicle with the same company could earn a price break for each car.
- Anti-lock Brake System - Vehicles equipped with ABS or steering control are safer to drive and qualify for as much as a 10% discount.
- College Student - Kids in college living away from home attending college and do not have a car may be able to be covered for less.
- Life Insurance - Larger companies have a discount if you purchase a life insurance policy as well.
- Homeowners Discount - Owning a house in Salem can help you save on car insurance because owning a home demonstrates responsibility.
- No Accidents - Drivers with accident-free driving histories pay less as compared to accident-prone drivers.
- Drive Less and Save - Driving fewer miles could qualify for discounted rates on garaged vehicles.
It's important to understand that most discount credits are not given to all coverage premiums. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates it's possible to get free car insurance, it doesn't quite work that way.
To choose companies offering car insurance discounts in Massachusetts, click here to view.
The car insurance bait and switch
Car insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads in print and on television. They all seem to make an identical promise of big savings if you switch to their company. How does each company claim to save you money?
All companies are able to cherry pick for the driver that makes them money. A good example of a desirable insured might be between 25 and 40, has no driving citations, and drives less than 7,500 miles a year. Any new insured who meets those qualifications will get the preferred rates and therefore will save when switching.
Drivers who don't measure up to these standards will have to pay a higher premium and ends up with the customer not buying. The ads state "people who switch" not "everyone that quotes" save that much. That's the way insurance companies can confidently advertise the way they do. Because of the profiling, you should compare many company's rates. It's just too difficult to predict which car insurance company will provide you with the cheapest rates.
More tips and info about car insurance can be read at the Massachusetts Division of Insurance website. Visitors are able to read enforcement actions against agents and companies, report car insurance fraud, read consumer alerts, and file complaints about an insurance agent or broker.
Shop smart and save
When shopping online for car insurance, it's very important that you do not buy poor coverage just to save money. There are many occasions where someone sacrificed collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at an affordable rate.
Low-cost car insurance can be found both online and also from your neighborhood Salem agents, so you should compare both to have the best selection. Some car insurance companies may not provide online price quotes and most of the time these small insurance companies sell through independent agents.
