Buy the Cheapest Wells Auto Insurance

Scraping up a payment for overpriced auto insurance can overdraw your bank account and make it impossible to make ends meet. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you're not throwing money away. Companies like GEICO and Progressive increase brand awareness with ad campaigns and it can be hard to sift through the bull and do the work needed to find the best deal.

If you have a current auto insurance policy or are looking for a new policy, you will benefit by learning to find better prices and possibly find even better coverage. Choosing the best insurance company for you in Wells is easy if you know what you're doing. Maine vehicle owners just need to know the proper way to find the lowest price over the internet.

Wells Rates are Influenced by These Factors

Consumers need to have an understanding of the different types of things that help determine the price you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that could result in much lower annual insurance costs.

The following are a few of the "ingredients" auto insurance companies consider when setting premiums.

Don't buy coverages you don't need - There are a ton of add-on coverages that you can get tricked into buying on your auto insurance policy. Insurance for personal injury protection, accidental death and term life insurance may be costing you every month. They may seem like a good idea at first, but if they're wasting money eliminate the coverages to reduce your premium.
Your location affects your rates - Residing in small towns and rural areas is a positive aspect when insuring your vehicles. Fewer drivers translates into fewer accidents. City drivers regularly have more traffic problems and much longer commute distances. Higher commute times translates into higher accident risk.
The more you drive the more you pay - Driving more miles in a year's time the more you'll pay to insure your vehicle. Most insurance companies apply a rate based on how the vehicle is used. Cars and trucks used primarily for pleasure use qualify for better rates as compared to vehicles used primarily for driving to work. Double check that your auto insurance coverage is rated on the proper vehicle usage.
Do you have a high stress job? - Did you know that where you work can have an impact on rates? Occupations such as lawyers, business owners and dentists tend to have the highest average rates attributed to stressful work requirements and long work days. Other jobs such as pilots, historians and performers receive lower rates.
Higher deductibles cost less - Deductibles for physical damage represent how much money you are required to spend before your auto insurance pays a claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some instances where coverage would apply could be colliding with a building, damage caused by hail, and burglary. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive.

Compare Auto Insurance Today

There are multiple methods to compare auto insurance quotes, but some are less labor-intensive and much quicker. You can spend your afternoon talking to insurance companies in Wells, or you can utilize online quotes to get rate comparisons in just a few minutes.

Most of the larger companies enroll in a system that enables customers to enter their policy data once, and each participating company provides a quote for coverage. This saves time by eliminating form submissions to each individual auto insurance company.

To submit your quote information now, click here to open in new window.

The only drawback to comparing rates this way is you cannot specify which providers to get pricing from. If you wish to select from a list of companies to compare rates, we have a page of low cost auto insurance companies in Maine. Click to view list.

It's your choice how you get your quotes, but make sure you use exactly the same information on every quote you get. If you use higher or lower deductibles it will be impossible to determine which rate is truly the best in Wells.

Don't pay full price with these discounts

Insurance can be prohibitively expensive, but you can get discounts to reduce the price significantly. Some trigger automatically when you quote, but lesser-known reductions have to be asked about before you get the savings. If you aren't receiving every discount you deserve, you are paying more than you should be.

Driver Safety - Successfully completing a course in driver safety could cut 5% off your bill if your company offers it.
Life Insurance - Select insurance companies reward you with better rates if you take out life insurance.
Discount for New Cars - Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
No Accidents - Drivers who don't have accidents can save substantially when compared with accident-prone drivers.
Multiple Vehicles - Having multiple vehicles with the same company could earn a price break for each car.
Student in College - Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
Theft Prevention Discount - Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
Organization Discounts - Participating in a civic or occupational organization is a good way to get lower rates when buying auto insurance.
Seat Belts Save - Using a seat belt and requiring all passengers to use their safety belts can save 10% or more on the medical payments or PIP coverage costs.
Anti-lock Brake System - Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.

Drivers should understand that most discounts do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, companies wouldn't make money that way. But all discounts will reduce your premiums.

To choose insurers who offer auto insurance discounts in Wells, click here to view.

The auto insurance bait and switch

Maine consumers can't ignore all the ads for car insurance savings by 21st Century, Allstate and State Farm. All the companies make an identical promise that you'll save big after switching to their company.

How can each company make almost identical claims?

Insurance companies have a preferred profile for the driver that makes them money. For example, a profitable customer could possibly be between 25 and 40, has no prior claims, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications is entitled to the best price and therefore will save when they switch companies.

Drivers who don't measure up to the requirements must pay a higher premium and ends up with the driver buying from a lower-cost company. The ads state "people who switch" not "everyone that quotes" save that much. This is how companies can advertise the way they do.

This illustrates why you need to compare as many rates as you can. It's impossible to know which insurance companies will provide you with the cheapest rates.

Your personal situation dictates your coverage

When buying adequate coverage for your personal vehicles, there really is not a cookie cutter policy. Everyone's needs are different so your insurance should reflect that Here are some questions about coverages that can help discover whether or not you would benefit from an agent's advice.

Should I rate my vehicle as pleasure use or commute?
When does my teenage driver need to be added to my policy?
Can I still get insurance after a DUI?
Will I be non-renewed for getting a DUI or other conviction?
Can I afford to buy a different vehicle if my vehicle is totaled?
What are Maine no-fault laws?
Do I need special endorsements for business use of my vehicle?

If you're not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Much more information about auto insurance in Maine can be found on the website for the Maine Bureau of Insurance through this link. Maine consumers can discover disciplinary actions, view agent and company licensing information, file complaints about an insurance agent or broker, and read industry bulletins.

Best coverage at the best price

Budget-conscious auto insurance can be purchased online and also from your neighborhood Wells agents, so you should compare both to have the best selection. Some auto insurance companies may not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

As you go through the steps to switch your coverage, it's a bad idea to reduce coverage to reduce premium. There are a lot of situations where consumers will sacrifice uninsured motorist or liability limits only to regret that the savings was not a smart move. The proper strategy is to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.