Compare Winter Park Car Insurance Prices With These Tips

Are you intimidated by the dozens of car insurance choices in Winter Park? You're not alone. People have so many choices that it can turn into a real hassle to locate the lowest price.

Learn How to Buy Car Insurance Cheaper

Consumers need to have an understanding of some of the elements that help determine your car insurance rates. Knowing what influences your rates helps enable you to make changes that will entitle you to better car insurance rates.

Your car insurance rates can be influenced by your job - Did you know your job can affect your rates? Careers like judges, architects and financial analysts are shown to have higher average rates attributed to high stress and long work hours. Conversely, professions such as actors, engineers and performers pay the least.
Do you know your deductibles? - Your deductibles define the amount you are required to spend if you file a covered claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of claims that would be covered are running into the backend of another car, damage caused by hail, and windstorm damage. The more the insured has to pay upfront, the less your car insurance will be.
With age comes lower rates - Young drivers in Florida are known to be careless and easily distracted when behind the wheel so they pay higher car insurance rates. Older insureds are more cautious drivers, tend to cause fewer accidents and receive fewer citations.
Better credit scores mean better rates - Having a bad credit history is a large factor in calculating your car insurance rates. So if your credit rating is not that good, you could save money insuring your by spending a little time repairing your credit. Consumers who have excellent credit tend to be less risk to insure than those with lower credit scores.
Multi-policy discounts can save money - Many companies provide better rates to policyholders who carry more than one policy in the form of a multi-policy discount. Even with this discount, you may still want to comparison shop to confirm you are receiving the best rates possible. You may still find a better deal by splitting coverages up.
Men pay higher rates - Statistics demonstrate that women are safer drivers than men. However, this does not mean men are WORSE drivers than women. Men and women tend to get into accidents in similar numbers, but the men have costlier accidents. Men also statistically get cited for more serious violations such as reckless driving. Young males are several times more likely to be in an accident and are penalized with high car insurance rates.

Take advantage of discounts

Car insurance companies do not advertise every discount very clearly, so we researched some of the more common and the more hidden car insurance savings. If you're not getting every credit possible, you are paying more than you should be.

No Claims - Drivers with accident-free driving histories pay much less when compared to accident-prone drivers.
Multiple Vehicles - Insuring multiple vehicles with the same company could earn a price break for each car.
Distant Student - Children who are attending college and do not have access to a covered vehicle may qualify for this discount.
New Car Discount - Insuring a new car can cost up to 25% less compared to insuring an older model.
Air Bag Discount - Cars that have air bags and/or automatic seat belt systems may earn rate discounts up to 30%.

Keep in mind that most credits do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like you could get a free car insurance policy, it just doesn't work that way.

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

Are car insurance companies telling the truth?

Consumers can't ignore all the ads that promise big savings from companies such as Progressive, Allstate and GEICO. They all say the same thing that you can save after switching your policy.

How does each company make the same claim?

Different companies are able to cherry pick for the right customer that makes them money. For instance, a driver they prefer could be between the ages of 40 and 55, has no driving citations, and chooses high deductibles. A customer who fits that profile will get very good rates and most likely will save when switching.

Drivers who don't qualify for these standards will be quoted higher premiums which usually ends up with business going elsewhere. The ads say "people who switch" not "people who quote" save that kind of money. That's the way insurance companies can state the savings. This emphasizes why you should get as many comparisons as possible. Because you never know which car insurance company will give you the biggest savings.

Additional detailed information is located at the Florida Office of Insurance Regulation website. Consumers can read industry bulletins, report car insurance fraud, and read enforcement actions against agents and companies.

Best coverage at the best price

Consumers change insurance companies for many reasons like high rates after DUI convictions, lack of trust in their agent, not issuing a premium refund or even poor customer service. No matter why you want to switch, finding the right car insurance provider is easier than you think.

Affordable car insurance can be bought from both online companies in addition to many Winter Park insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and these small, regional companies work with independent agents.

When buying insurance coverage, it's very important that you do not buy poor coverage just to save money. There are too many instances where someone sacrificed collision coverage and learned later that their decision to reduce coverage ended up costing them more. Your strategy should be to find the BEST coverage at an affordable rate while still protecting your assets.