5 Simple Ways to Slash Car Insurance Costs in Topsham, ME

Comparison shopping for Topsham car insurance is a challenge for consumers not familiar with shopping for insurance online. There are so many options available that it can turn into a lot of work to locate the lowest price in Topsham.

Finding the lowest cost car insurance in Topsham is not that difficult. In a nutshell, every vehicle owner who is required by state law to have car insurance will most likely be able to save money. But Maine car owners do need to know how the larger insurance companies sell online and use this information to your advantage.

Cheap Topsham Car Insurance Comparisons

The are a couple different ways to compare rate quotes and find the best price. One of the best ways to find the cheapest insurance rates is simply to get online rate quotes. This is very easy and can be done in just a few minutes using one of these methods.

  1. The fastest way consumers can analyze rates is a comparison rater form click to view form in new window. This form saves time by eliminating repetitive form entry to each individual car insurance company. In just a few minutes this one form gets you price quotes direct from many companies. Recommended for those who want to invest the least amount of time.
  2. A different way to shop for car insurance online requires a trip to the website of each company to complete a price quote. For examples sake, we'll pretend you want rates from , and . To find out each rate you need to take the time to go to each site to input your insurance information, and that's why the first method is more popular. For a list of links to companies insuring cars in Topsham, click here.
  3. The hardest way of getting rate comparisons is to spend your day driving to different Topsham agent offices. The ability to buy insurance online eliminates the need for an insurance agent unless you have a need for the personal advice only provided by licensed Topsham agents. Drivers can find lower rates online but buy from a local insurance agent and we'll cover that in a bit.

It's up to you how you get prices quotes, just ensure you're using identical quote information with each company. If you use mixed coverages it will be very difficult to make an equal comparison in Topsham. Having just a slight variation in insurance coverages could mean much higher rates. And when price shopping your coverage, having more price comparisons helps locate a better price.

Policy discounts you shouldn't miss

Properly insuring your vehicles can get expensive, but companies offer discounts that you may not know about. Certain discounts will be triggered automatically at the time of quoting, but lesser-known reductions have to be manually applied before you will receive the discount.

  • Seat Belts Save more than Lives - Requiring all passengers to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • No Claims - Claim-free drivers can save substantially when compared to accident-prone drivers.
  • Multiple Cars - Buying insurance for all your vehicles with the same company qualifies for this discount.
  • Distant Student - Any of your kids who attend school more than 100 miles from home and don't have a car can receive lower rates.
  • Multiple Policy Discount - If you insure your home and vehicles with one company you will save approximately 10% to 15%.

Drivers should understand that most discount credits are not given to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn't make money that way. But all discounts will bring down the amount you have to pay.

To choose insurance companies with discount car insurance rates in Maine, click this link.

Save $429 a year? Really?

Car insurance providers like Progressive, Allstate and GEICO consistently run television and radio advertisements. They all make the same claim that you'll save big if you change your policy. How does each company make the same claim? This is how they do it.

All the different companies can use profiling for the right customer that makes them money. For example, a driver they prefer could be between the ages of 40 and 55, is a homeowner, and has a short commute. Any new insured who matches those parameters is entitled to the best price and is almost guaranteed to save when switching.

Potential insureds who don't qualify for these standards will be quoted more money which leads to business going elsewhere. The ads state "drivers who switch" but not "drivers who get quotes" save that kind of money. That's why companies can make the claims of big savings.

This emphasizes why you need to get as many quotes as possible. It's just too difficult to predict the company that will fit your personal profile best.

Much more information about car insurance in Maine can be found on the Maine Bureau of Insurance website. Click here for link. Consumers can find a variety of consumer forms, read industry bulletins, and report car insurance fraud.

The best insurance company isn't always the cheapest

Insureds leave their current company for any number of reasons including being labeled a high risk driver, high rates after DUI convictions, lack of trust in their agent or even not issuing a premium refund. No matter why you want to switch, switching car insurance companies is easier than you think.

Budget-conscious car insurance can be sourced from both online companies in addition to many Topsham insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance providers do not provide online price quotes and these regional insurance providers work with independent agents.

As you shop your coverage around, it's very important that you do not reduce coverage to reduce premium. There are too many instances where an accident victim reduced uninsured motorist or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy a smart amount of coverage for the lowest price while still protecting your assets.