Proven Techniques to Save on Stoneham Auto Insurance

Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us when we tell you there are many Stoneham consumers feeling the pinch from expensive auto insurance. Multiple compete for your insurance dollar, so it can be very hard to choose a and get the best coverage at the lowest price

If you have a policy now or need new coverage, you can follow these tips to shop for the lowest rates and possibly find even better coverage. Finding the best rates in Stoneham is not that difficult. Massachusetts consumers only need to know the proper methods to shop for auto insurance on the web.

These discounts can lower your rates

Companies that sell car insurance don't list every discount in an easy-to-find place, so here is a list both well-publicized and the more hidden auto insurance savings. If they aren't giving you every credit possible, you're paying more than you need to.

  • Pay Now and Pay Less - If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Memberships - Participating in certain professional organizations could qualify you for a break when shopping for auto insurance.
  • Low Mileage Discounts - Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Military Discounts - Having a deployed family member could be rewarded with lower premiums.
  • Distant Student - Children who live away from home and don't have a car can be insured at a reduced rate.
  • Paperwork-free - Certain companies will discount your bill up to fifty bucks for buying your policy on their website.
  • Multiple Cars - Buying coverage for all your vehicles on the same auto insurance policy could earn a price break for each car.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Some only apply to the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears you can get free auto insurance, you won't be that lucky.

To see a list of insurance companies with discount auto insurance rates in Stoneham, follow this link.

compare Stoneham auto insurance rates

How to Compare Auto Insurance Quotes in Stoneham, Massachusetts

Most companies such as State Farm, Allstate and GEICO provide insurance quotes online. Getting online rates doesn't take much effort as you simply type in the coverages you want as detailed in the form. Once you submit the form, the company's rating system will obtain your credit score and driving record and returns pricing information determined by many factors. Quoting online makes it a lot easier to compare rates but the time it takes to visit many different websites and fill out multiple forms gets old quite quickly. But it's very important to do this if you want to find better auto insurance pricing.

Quote rates the easy way

The preferred way to lower your rates uses one simple form that gets prices from more than one company. The form is fast, reduces the work, and makes online price comparison much more efficient. After your information is entered, it gets priced with multiple companies and you can pick any of the price quotes you receive. If the quotes result in lower rates, you simply finish the application and buy the new coverage. The whole process takes just a few minutes to complete and you will find out if you're overpaying now.

To save time and find out what other companies charge, click here to open in new window and complete the simple form. If you have a policy now, it's recommended you replicate coverages and limits as close as possible to your current policy. This makes sure you're receiving rate quotes based on the exact same insurance coverage.

Understand what determines the rate you pay

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for auto insurance. Understanding what impacts premium levels helps enable you to make changes that will entitle you to lower auto insurance prices.

  • Optional equipment can affect rates - Choosing a vehicle that has an advanced theft prevention system can save you a little every year. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your car from being stolen.
  • Don't skimp on liability - Your policy's liability coverage provides coverage when a court rules you are at fault for damages caused by your negligence. Liability provides legal defense coverage starting from day one. Liability insurance is quite affordable as compared to coverage for physical damage, so buy as much as you can afford.
  • Choose a safe vehicle and save - Cars with high safety ratings are cheaper to insure. The safest vehicles have better occupant injury protection and lower injury rates means lower claim amounts and lower rates for you.
  • Your stress level may be raising your rates - Careers like doctors, architects and accountants are shown to have higher rates than average attributed to high stress levels and lengthy work days. On the flip side, occupations such as actors, athletes and retirees pay the least.
  • Marriage pays dividends - Being married helps lower the price when buying auto insurance. Having a significant other usually means you are more responsible and it's statistically proven that being married results in fewer claims.
  • Where you reside plays a part - Choosing to live in a rural area can save you money when insuring your vehicles. Fewer drivers means reduced accidents and also fewer theft and vandalism claims. Drivers in populated Massachusetts areas regularly have traffic congestion and longer commute times. Higher commute times can result in more accidents.

Are you falling for claims of savings?

Massachusetts consumers can't get away from ads that promise big savings from companies such as State Farm, Allstate and GEICO. They all say the same thing about savings if you change your policy.

How do they all make almost identical claims?

All companies are able to cherry pick for the right customer that is profitable for them. An example of a driver they prefer could possibly be between 30 and 50, has no driving citations, and has excellent credit. A driver who fits that profile 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 be quoted higher prices which usually ends up with the driver buying from a lower-cost company. The ad wording is "people who switch" not "everybody who quotes" save that kind of money. That's the way companies can truthfully make those claims. This emphasizes why drivers must get quotes from several different companies. It is impossible to predict which auto insurance company will have the lowest rates.

A tidy conclusion

The cheapest auto insurance is attainable online in addition to many Stoneham insurance agents, so compare prices from both in order to have the best price selection to choose from. Some companies do not provide the ability to get a quote online and these smaller companies work with independent agents.

While you're price shopping online, never reduce coverage to reduce premium. There have been many situations where someone sacrificed comprehensive coverage or liability limits to discover at claim time they didn't purchase enough coverage. The proper strategy is to get the best coverage possible at an affordable rate while still protecting your assets.

Even more information is available at the Massachusetts Division of Insurance website. Massachusetts consumers can view a list of available companies, find out which companies have the most complaints, find disaster information, and read industry bulletins.