How to Find Cheap University Park Auto Insurance

Finding the cheapest University Park auto insurance on the internet can seem to be rather challenging for people who are new to shopping for insurance online. When there are so many choices, how can consumers effectively compare them all to find the best available rates?

The purpose of this article is to teach you how to effectively get price quotes and some tips to save money. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using these techniques. Florida drivers only need an understanding of the most effective way to shop their coverage around over the internet.

Tips to Get Lower University Park Rates

Consumers need to have an understanding of some of the elements that help determine the rates you pay for auto insurance. Knowing what determines base rates empowers consumers to make smart changes that will entitle you to better auto insurance rates.

The following are a few of the "ingredients" used by your company to calculate prices.

  • Small claims can cost you - If you file claims often, you can expect either higher rates or even cancellation. Companies in Florida provide lower rates to policyholders who do not file claims often. Car insurance is intended for the bigger claims that can't be paid out-of-pocket.
  • Where you live is a factor - Residing in a small town can save you money when talking about auto insurance. City drivers regularly have traffic congestion and much longer commute distances. Fewer people means a lower chance of having an accident.
  • Where do you drive? - Driving more miles in a year's time the higher your rate. Almost all companies charge to insure your cars determined by how the vehicle is used. Vehicles that are left in the garage qualify for better rates as compared to vehicles used primarily for driving to work. Verify your auto insurance coverage shows the proper vehicle usage.
  • Add-on coverages can add up - There are a ton of add-on coverages that can waste your money when buying auto insurance. Coverages for personal injury protection, accident forgiveness and additional equipment coverage are examples of these. They may seem good initially, but now you might not need them so eliminate them to save money.
  • Cautious drivers pay less - Drivers who don't get tickets get better rates compared to drivers with tickets. Just one citation can bump up the cost by as much as thirty percent. If you have flagrant violations like DUI or reckless driving may find they need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.

More discounts equal less premium

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time you complete a quote, but a few need to be asked for prior to getting the savings. If you're not getting every credit you deserve, you are paying more than you should be.

  • Government Employees - Employees or retirees of the government can earn a discount up to 10% with a few auto insurance companies.
  • Discount for Life Insurance - Larger companies have a discount if you purchase life insurance from them.
  • Paperwork-free - Some insurance companies may give you up to $50 simply for signing over the internet.
  • Early Switch Discount - Some companies give discounts for buying a policy prior to your current policy expiration. It's a savings of about 10%.
  • Anti-theft System - Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Driver Safety - Taking a defensive driving course could cut 5% off your bill if your company offers it.
  • Passive Restraints - Cars that have air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Save with a New Car - Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.

Consumers should know that most credits do not apply to your bottom line cost. Some only reduce specific coverage prices like comp or med pay. Even though it may seem like you could get a free auto insurance policy, companies don't profit that way. Any qualifying discounts will bring down your premiums.

To choose insurance companies who offer auto insurance discounts in Florida, follow this link.

Switch companies and save? Really?

Consumers in Florida can't ignore all the ads for car insurance savings from the likes of Progressive, Allstate and GEICO. They all say the same thing of big savings after switching your coverage to them.

How does each company claim to save you money? It's all in the numbers.

Different companies have a preferred profile for the type of customer that makes them money. For example, a driver they prefer might be a mature driver, has no prior claims, and has great credit. A customer getting a price quote who fits that profile will get very good rates and therefore will save when switching.

Potential customers who do not match these standards will be quoted a more expensive rate which usually ends up with the customer not buying. The ads say "customers who switch" not "everyone that quotes" save that much money. This is how insurance companies can confidently advertise the savings.

This emphasizes why you should get a wide range of price quotes. It's impossible to know which insurance companies will give you the biggest savings.

It's not one size fits all

When buying the right insurance coverage for your personal vehicles, there isn't really a perfect coverage plan. Every situation is different.

Here are some questions about coverages that can help discover if you would benefit from professional advice.

  • Do I have coverage for damage caused while driving under the influence?
  • When does my teenage driver need to be added to my policy?
  • What are the financial responsibility laws in Florida?
  • Should I have combined single limit or split liability limits?
  • Does my car insurance cover rental cars?
  • Does my personal auto insurance policy cover using my vehicle for business use?
  • Can I rate high risk drivers on liability-only vehicles?

If you don't know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don't have a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

Additional auto insurance information can be found on the Florida Office of Insurance Regulation website found here. Visitors are able to download brochures, view agent and company licensing information, and file complaints about an insurance agent or broker.

Other informative sites include this online resource for auto insurance quotes in Florida and this list of insurance agents in University Park.

Florida auto insurance quotes

In the end, you save

Consumers change insurance companies for a variety of reasons including high rates after DUI convictions, delays in paying claims, an unsatisfactory settlement offer or even high prices. It doesn't matter why you want to switch finding a new auto insurance company is easier than you think.

As you prepare to switch companies, make sure you don't buy poor coverage just to save money. There are too many instances where consumers will sacrifice physical damage coverage only to regret at claim time that the small savings ended up costing them much more. Your strategy should be to find the BEST coverage at the best price while still protecting your assets.

Cost effective auto insurance can be purchased both online as well as from independent agents in University Park, and you need to price shop both to have the best rate selection. There are still a few companies who don't offer online price quotes and these regional insurance providers work with independent agents.