Finding the Cheapest Water Valley Car Insurance

No one in their right mind looks forward to paying for car insurance, particularly when they are paying too much.

Insurance companies such as GEICO and Progressive continually bombard you with advertising and it is challenging if not impossible to sift through the bull and do the work needed to find the best deal.

It's important to price shop coverage periodically due to the fact that insurance rates are constantly changing. If you had the best deal six months ago you can probably find a better price now. Starting now, forget anything you know (or think you know) about car insurance because I'm going to teach you the only way to lower your annual insurance bill.

Learn How to Buy Car Insurance Cheaper

Consumers need to have an understanding of the different types of things that come into play when calculating the rates you pay for car insurance. Having a good understanding of what influences your rates helps enable you to make changes that may reward you with much lower annual insurance costs.

The list below includes some of the factors that factor into rates.

Sex matters - Statistics show women are more cautious behind the wheel. However, don't assume that men are WORSE drivers than women. Both sexes have accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also receive more costly citations like DUI and reckless driving.
Better credit scores mean better rates - Credit rating is a important factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure than drivers with poor credit. If your credit score can use some improvement, you could save money insuring your by improving your credit score.
Claim-free discounts can add up - If you are a frequent claim filer, you can look forward to either policy cancellation or increased premiums. Car insurance companies in Mississippi award cheaper rates to drivers who do not rely on their insurance for small claims. Your insurance policy is intended for larger claims.
Rates may be lower depending on your job - Jobs such as doctors, business owners and dentists are shown to have the highest average rates because of high stress and long work days. Other occupations like scientists, historians and the unemployed pay the least.

Policy discounts you shouldn't miss

Insuring your vehicles can cost a lot, buy you may qualify for discounts to help offset the cost. Certain discounts will be applied at the time of quoting, but lesser-known reductions have to be requested specifically before you will receive the discount.

Accident Forgiveness - A handful of insurance companies will forgive one accident before hitting you with a surcharge as long as you don't have any claims for a set time period.
Passive Restraint Discount - Factory air bags or motorized seat belts can qualify for discounts up to 30%.
Drivers Ed for Students - Cut your cost by having your teen driver complete a driver education course in high school.
Federal Employees - Employees or retirees of the government could cut as much as 10% off with select insurance companies.
Senior Citizens - If you're over the age of 55, you can possibly qualify for a discount up to 10%.

It's important to note that most discounts do not apply to the entire policy premium. The majority will only reduce individual premiums such as liability, collision or medical payments. So despite the fact that it appears adding up those discounts means a free policy, you're out of luck. But any discount will reduce the amount you have to pay.

To choose companies with the best car insurance discounts in Water Valley, click here to view.

Save $429 a year? Really?

Car insurance companies such as State Farm, GEICO and Progressive regularly use television and radio advertisements. They all seem to make an identical promise that you can save if you move your policy. How can each company claim to save you money?

Insurance companies have a certain "appetite" for the right customer that makes them money. An example of a desirable insured might be between the ages of 30 and 50, a clean driving record, and has a high credit rating. Any driver who meets those qualifications gets the lowest rates and is almost guaranteed to save when they switch companies.

Potential insureds who don't qualify for the requirements will have to pay more money and ends up with the customer not buying. Company advertisements say "customers that switch" but not "drivers who get quotes" save that kind of money. That is how insurance companies can state the savings.

Because of the profiling, you should get a wide range of price quotes. You cannot predict which company will have the lowest rates.

Insurance agents can help

When buying proper insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone's situation is a little different so your insurance should reflect that For example, these questions may help highlight whether your personal situation might need an agent's assistance.

Does my policy cover me when driving someone else's vehicle?
Should I drop comprehensive coverage on older vehicles?
Is my cargo covered for damage or theft?
Why am I required to get a high-risk car insurance policy?
Should I buy additional glass protection?
Do I have any recourse if my insurance company denies a claim?

If you're not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Additional Mississippi consumer information

More information is available on the website for the Mississippi Insurance Department located here. Visitors are able to learn about insurance regulations, find out industry alerts, download brochures, and read industry bulletins.

Affordable insurance is out there

Lower-priced car insurance is possible both online in addition to many Water Valley insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.

We just presented many tips how you can save on car insurance. The key concept to understand is the more rate comparisons you have, the better likelihood of reducing your rate. You may even discover the lowest rates come from some of the lesser-known companies. Some small companies often have lower prices on specific markets compared to the large companies like .