How to Know You're Paying Too Much for Auto Insurance in Wells

I can't think of anyone who likes paying for auto insurance, especially knowing the cost is way too high.

Numerous battle for your business, and it can be difficult to compare rates and uncover the absolute lowest rate

If you currently have car insurance, you should be able to lower your premiums substantially using this strategy. Finding the best rates in Wells is easy if you know what you're doing. But Texas vehicle owners do need to know the way insurance companies market insurance on the web and apply this information to your search.

These discounts can lower your rates

Companies that sell car insurance don't always publicize all available discounts in an easy-to-find place, so we took the time to find some of the best known and the harder-to-find ways to save on auto insurance.

Safety Course Discount - Taking a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.
Passive Restraints and Air Bags - Vehicles equipped with air bags or motorized seat belts can get savings of more than 20%.
Fewer Miles Equal More Savings - Low mileage vehicles can earn better rates on cars that stay parked.
Pay Now and Pay Less - If paying your policy premium upfront instead of paying each month you may reduce your total bill.
Memberships - Affiliation with certain professional organizations could trigger savings when buying auto insurance.
Homeowners Savings - Owning a home in Wells may earn you a small savings because maintaining a house is proof that your finances are in order.
No Accidents - Good drivers with no accidents can save substantially when compared with bad drivers.
Good Student - A discount for being a good student can save 20 to 25%. This discount can apply up until you turn 25.
Paperless Signup - Some insurance companies give back up to $50 for buying a policy and signing up on their website.
New Vehicle Savings - Adding a new car to your policy can be considerably cheaper compared to insuring an older model.

Drivers should understand that most discount credits are not given to the entire policy premium. Most only cut the price of certain insurance coverages like liability and collision coverage. Just because it seems like you could get a free auto insurance policy, companies wouldn't make money that way.

To see a list of insurers with discount auto insurance rates in Wells, click this link.

Vehicle Insurance Comparison

Most companies such as 21st Century, Allstate and State Farm give coverage prices directly from their websites. Getting online quotes is pretty painless as you just enter your personal and coverage information as detailed in the form. Once you submit the form, their system will obtain reports for credit and driving violations and generates pricing information. Online price quotes helps simplify price comparisons, but the time it takes to visit several different sites and complete many quote forms can be a bit repetitive. But it's very important to do this in order to get better auto insurance pricing.

The preferred way to compare rates requires only one form that gets prices from a bunch of companies at once. The form is fast, helps eliminate reptitive entry, and makes online quotes much more enjoyable and efficient. Immediately after submitting the form, your coverage is rated with multiple companies and you can pick any of the price quotes you receive. If one or more price quotes are lower than your current rates, you simply finish the application and purchase coverage. This process takes 15 minutes at the most and you will know how your current rates stack up.

To quickly find out what other companies charge, click here to open in new window and fill out the form. If you currently have coverage, we recommend that you enter the coverage information just like they are on your policy. This makes sure you will have comparison quotes based on the exact same insurance coverage.

Wells Rates are Influenced by These Factors

An important part of buying insurance is that you know the rating factors that play a part in calculating auto insurance rates. Understanding what controls the rates you pay enables informed choices that could result in better auto insurance rates.

Shown below are a few of the "ingredients" auto insurance companies consider when setting premiums.

Little extras can really add up - There are quite a few additional coverages that you can get tricked into buying if you aren't careful. Coverages like rental car reimbursement, accidental death and term life insurance may be wasting your money. They may seem like a good idea when talking to your agent, but if they're wasting money get rid of them and save.
Traffic citations inflate rates - Only having one moving violation can boost insurance rates forty percent or more. Careful drivers tend to pay less for car insurance than their less careful counterparts. Drivers with dangerous tickets like reckless driving, hit and run or driving under the influence are required to submit a SR-22 form with the DMV in their state in order to prevent a license revocation.
Safe vehicles cost less to insure - Safer cars tend to have better insurance rates. Safe vehicles reduce injuries and better occupant protection means less money paid by your insurance company and lower rates for you.
Theft deterrents lower rates - Owning a car with anti-theft technology or alarm system can save you a little every year. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your vehicle from being stolen.

Different people need different coverages

When choosing the right insurance coverage for your vehicles, there is no one size fits all plan. Everyone's situation is unique so this has to be addressed. For instance, these questions may help highlight whether you would benefit from professional advice.

Should I have combined single limit or split liability limits?
Can I rate high risk drivers on liability-only vehicles?
Is my dog or cat covered if injured in an accident?
What can I do if my company won't pay a claim?
Am I getting all the discounts available?
Does my policy cover my teen driver if they drive my company car?

If it's difficult to answer those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Are you falling for claims of savings?

21st Century, Allstate and State Farm consistently run ads on television and other media. All the companies make the same claim that you'll save big if you change to their company. How do they all say the same thing? This is how they do it.

Different companies have a certain "appetite" for the driver that is profitable for them. For example, a profitable customer might be profiled as a mature driver, a clean driving record, and drives newer vehicles. A propective insured who matches those parameters will qualify for the lowest rates and as a result will probably cut their rates substantially.

Drivers who are not a match for the "perfect" profile must pay higher premiums which leads to business not being written. The ad wording is "drivers who switch" not "everybody who quotes" save that much. That is how companies can claim big savings. This illustrates why drivers must get quotes from several different companies. It's not possible to predict which company will give you the biggest savings.

The best insurance company isn't always the cheapest

Budget-conscious auto insurance is attainable on the web and also from your neighborhood Wells agents, and you need to price shop both to have the best chance of lowering rates. A few companies may not provide the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

In this article, we covered some good ideas how to compare auto insurance prices online. It's most important to understand that the more companies you get rates for, the more likely it is that you will get a better rate. You may be surprised to find that the best price on auto insurance is with a smaller regional carrier. These smaller insurers may only write in your state and offer lower rates than the large multi-state companies such as .

More detailed Texas auto insurance information can be found at the Texas Department of Insurance website. Texas drivers can discover disciplinary actions, file complaints about a company, find disaster information, and view a list of available companies.