Car Insurance in Swansea - 5 Ways to Save Money

Beginners to buying insurance online will discover shopping for cut-rate Swansea car insurance is harder than they anticipated.

It's important to compare rates periodically since rates are constantly changing. Even if you got the best price a year ago you can probably find a better price now. Forget anything you know (or think you know) about car insurance because you're about to find out the tricks you need to know to buy cheaper car insurance.

If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using this information. This information will familiarize you with how to effectively get price quotes and some tricks to saving. But Massachusetts car owners do need to know the way insurance companies price insurance differently and apply this information to your search.

Swansea car insurance quote

How much can you save with these 5 discounts?

Companies offering auto insurance do not list every available discount in a way that's easy to find, so we took the time to find some of the more common and the harder-to-find car insurance savings.

  • Anti-lock Brake Discount - Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
  • Good Student - This discount can earn a discount of 20% or more. This discount can apply well after school through age 25.
  • New Car Discount - Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Service Members Pay Less - Having a deployed family member may qualify for rate reductions.
  • Federal Employees - Employees or retirees of the government could cut as much as 10% off with certain companies.

Drivers should understand that most of the big mark downs will not be given to the entire policy premium. Some only reduce the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears adding up those discounts means a free policy, companies wouldn't make money that way.

To choose providers who offer car insurance discounts in Swansea, follow this link.

Save 15 percent in 15 minutes? Is it for real?

Companies like Allstate and Progressive continually stream television and radio advertisements. All the ads say the same thing that you'll save big after switching to their company. How can each company make the same claim? This is how they do it.

Insurance companies have a certain "appetite" for the driver that makes them money. For example, a preferred risk could be a mature driver, a clean driving record, and has excellent credit. Any new insured who fits that profile will get very good rates and is almost guaranteed to save when they switch companies.

Potential customers who don't meet the requirements will be charged higher prices which usually ends up with business going elsewhere. The ads say "drivers who switch" but not "drivers who get quotes" save that much. That is how companies can make those claims. That is why you should get a wide range of price quotes. It's just too difficult to predict which company will have the lowest rates.

How much car insurance do I need?

When buying the right insurance coverage for your vehicles, there really is not a "perfect" insurance plan. Every insured's situation is different.

For example, these questions may help highlight if your insurance needs would benefit from professional advice.

  • Does my insurance cover a custom paint job?
  • Should I buy only the required Massachusetts minimum liability coverage?
  • Who is covered when they drive my vehicle?
  • Am I covered when pulling a rental trailer?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Can I still get insurance after a DUI?

If you don't know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, take a second and complete this form.

Additional Massachusetts consumer information

More detailed Massachusetts car insurance information can be found at the Massachusetts Division of Insurance website. Consumers can find out industry alerts, file complaints about a company, and file complaints about an insurance agent or broker.

Massachusetts car insurance

Shop smart and save

While you're price shopping online, it's not a good idea to buy poor coverage just to save money. Too many times, someone dropped physical damage coverage only to discover later they didn't purchase enough coverage. The aim is to find the BEST coverage for the lowest price, not the least amount of coverage.

You just learned many ways to save on car insurance. The most important thing to understand is the more quotes you get, the better likelihood of reducing your rate. You may even discover the best price on car insurance is with a lesser-known regional company.

Consumers change insurance companies for any number of reasons including policy cancellation, high prices, delays in paying claims or even unfair underwriting practices. It doesn't matter what your reason, switching car insurance companies is easier than you think.