Free Guide to Saving Money on Thayne Car Insurance Online

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Believe me, you are not the only one feeling buyer's remorse. Drivers have so many to buy insurance from, and even though it's nice to have multiple companies, too many choices makes it more difficult to compare rates.

This information will tell you the best way to quote coverages. If you currently have a car insurance policy, you will be able to cut costs considerably using these methods. Wyoming drivers only need an understanding of the proper way to get comparison quotes over the internet.

Take advantage of discounts

Properly insuring your vehicles can get expensive, but discounts can save money and there are some available to reduce the price significantly. Some trigger automatically when you quote, but a few must be asked about before you get the savings. If you're not getting every credit possible, you are throwing money away.

Claim Free - Drivers with accident-free driving histories pay much less when compared to drivers who are more careless.
Driver Safety - Successfully completing a driver safety course could possibly earn you a 5% discount if you qualify.
Life Insurance Discount - Larger companies have a discount if you purchase life insurance.
New Car Discount - Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
Discount for Good Grades - Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
Multiple Vehicles - Insuring multiple vehicles on one policy may reduce the rate for each vehicle.
55 and Retired - If you qualify as a senior citizen, you may be able to get a small decrease in premiums.

It's important to understand that some of the credits will not apply the the whole policy. Some only reduce individual premiums such as comp or med pay. Even though it may seem like adding up those discounts means a free policy, it doesn't quite work that way. Any qualifying discounts will bring down your overall premium however.

How to Lower your Car Insurance Rates

Smart consumers have a good feel for the factors that help determine your car insurance rates. Knowing what determines base rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

The following are a partial list of the pieces used by your company to calculate prices.

Do you have a high stress job? - Did you know your job can affect your rates? Careers like judges, social workers and financial analysts have higher average rates because of job stress and long work days. Conversely, professions such as actors, engineers and performers get better rates.
Add-on coverages can add up - There are a ton of extra coverages that can waste your money on your policy. Coverages for roadside assistance, accident forgiveness and additional equipment coverage are some examples. They may seem good when you first buy your policy, but now you might not need them so eliminate them to save money.
More people means more accidents - Choosing to live in small towns and rural areas can save you money when it comes to car insurance. Urban drivers tend to have traffic congestion and much longer commute distances. Less people living in that area means a lower chance of having an accident as well as less vandalism and auto theft.
Older drivers pay less - Young drivers in Wyoming are known to be careless and easily distracted when behind the wheel so they pay higher car insurance rates. Older insureds are more cautious drivers, statistically cause fewer accidents and receive fewer citations.
How's your driving record? - A bad driving record has a lot to do with how much you pay for insurance. Drivers who don't get tickets have lower premiums compared to drivers with tickets. Even a single citation can bump up the cost forty percent or more. If you have flagrant violations like DUI or reckless driving may find they need to file a SR-22 with their state motor vehicle department in order to keep their license.
Adjust deductibles and save - The deductibles define the amount you are required to spend if you file a covered claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. A few examples of covered claims are running into the backend of another car, damage caused by hail, and windstorm damage. The more you have to pay, the less your car insurance will be.
Do men or women drive better? - Statistics demonstrate that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. Both sexes tend to get into accidents in similar numbers, but the men have costlier accidents. Men also statistically get more serious tickets such as reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore are the most expensive to insure.

Are car insurance companies telling the truth?

Consumers get pounded daily by advertisements that promise big savings from the likes of Progressive, Allstate and GEICO. They all have a common claim of big savings after switching your coverage to them.

How does each company make the same claim?

Insurance companies are able to cherry pick for the type of customer that earns them a profit. For instance, a driver they prefer could be between 25 and 40, has no tickets, and drives less than 10,000 miles a year. A customer that hits that "sweet spot" will get very good rates and most likely will save when switching.

Drivers who don't qualify for these standards will be quoted a higher premium and this can result in business going elsewhere. The ads say "customers that switch" not "people who quote" save that much money. That's the way insurance companies can confidently advertise the way they do.

This emphasizes why drivers should quote coverage with many companies. Because you never know which car insurance company will provide you with the cheapest rates.

Find out more about car insurance

Additional car insurance information is located on the website for the Wyoming Insurance Department located here. Consumers can read industry bulletins, discover disciplinary actions, view agent and company licensing information, and read enforcement actions against agents and companies.

A tidy conclusion

Low-cost car insurance can be purchased from both online companies as well as from independent agents in Thayne, so you should compare both to have the best selection. Some car insurance companies don't offer you the ability to get quotes online and these small, regional companies work with independent agents.

As you go through the steps to switch your coverage, it's very important that you do not skimp on coverage in order to save money. There are too many instances where an insured dropped collision coverage and learned later that the savings was not a smart move. Your strategy should be to find the BEST coverage at a price you can afford while still protecting your assets.