Buy West Palm Beach Car Insurance for the Lowest Rate With These Tips

Saving money on West Palm Beach car insurance is difficult for people who are new to buying insurance online. People have so many options that it can quickly become a ton of work to compare prices in West Palm Beach.

Many Things Influence your Rates

An important part of buying insurance is that you know the different types of things that come into play when calculating the price you pay for car insurance. Understanding what impacts premium levels helps enable you to make changes that will entitle you to better car insurance rates.

The list below includes a partial list of the pieces that factor into prices.

• Women pay lower rates – Statistics have proven that men are more aggressive behind the wheel. However, this does not mean men are worse drivers. Women and men cause accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to have more aggressive citations such as reckless driving. Male drivers age 16 to 19 are the most expensive to insure and therefore are the most expensive to insure.
• Mature drivers pay less – Young drivers in Florida are known to get distracted easily when behind the wheel so they pay higher car insurance rates. Older insureds are more responsible, file fewer claims and tend to be better behind the wheel.
• Marriage brings a discount – Being married actually saves money on your policy. Having a spouse translates into being more mature and statistics show being married results in fewer claims.
• Little extras can really add up – There are many add-on coverages that can waste your money on your car insurance policy. Coverages like roadside assistance, accident forgiveness and term life insurance may be wasting your money. These coverages may sound good when you first buy your policy, but if they’re wasting money get rid of them and save.
• Occupation reflects on rates – Did you know your occupation can influence how much you pay for car insurance? Careers like lawyers, executives and financial analysts tend to have higher average rates in part from high stress levels and lots of time spent at work. Conversely, professions such as scientists, engineers and homemakers receive lower rates.

Discounts are basically free money

Companies offering auto insurance don’t necessarily list all available discounts very clearly, so here is a list both the well known and the more hidden car insurance savings. If you’re not getting every credit you qualify for, you’re paying more than you need to.

• Auto/Home Discount – If you insure your home and vehicles with one insurance company you could get a discount of at least 10% off all policies.
• Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% with certain companies.
• Sign Online – A few companies will give a small break for buying a policy and signing up digitally online.
• Student Driver Training – Require your teen driver to successfully complete driver’s ed class in school.
• Low Mileage Discounts – Driving fewer miles could qualify for discounted rates on garaged vehicles.
• Theft Prevention System – Vehicles with anti-theft systems help deter theft and therefore earn up to a 10% discount.

It’s important to note that some of the credits will not apply to all coverage premiums. Most only cut specific coverage prices like comp or med pay. So even though it sounds like all the discounts add up to a free policy, it just doesn’t work that way.

To see a list of insurance companies with discount car insurance rates in Florida, click this link.

Ads can be misleading

Florida consumers can’t get away from ads for the lowest price auto insurance from companies such as State Farm, GEICO and Progressive. They all have a common claim about savings if you move your policy.

How does each company make almost identical claims?

Different companies have a preferred profile for the type of driver they prefer to insure. A good example of a desirable insured might be between 25 and 40, has no tickets, and has great credit. Any driver who fits that profile will get very good rates and is almost guaranteed to save a lot of money.

Consumers who are not a match for the “perfect” profile will be quoted a more expensive rate and ends up with the driver buying from a lower-cost company. The ad wording is “customers who switch” not “people who quote” save that kind of money. That is how companies can truthfully make the claims of big savings. This emphasizes why it’s extremely important to get a wide range of price quotes. It’s not possible to predict the company that will have the lowest rates.

Which insurance is the “right” coverage?

When it comes to choosing adequate coverage for your vehicles, there is no “perfect” insurance plan. Everyone’s needs are different.

These are some specific questions can help discover if your situation will benefit from professional help.

• When would I need additional glass coverage?
• Which companies will insure high-risk drivers?
• Does my vehicle qualify for pleasure use?
• Is my cargo covered for damage or theft?
• When should I not file a claim?
• If my vehicle is totaled, can I afford another vehicle?
• Are my friends covered when driving my vehicle?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an agent. To find an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.

More Florida car insurance resources

Even more information can be read at the Florida Office of Insurance Regulation website. Consumers can file complaints about an insurance agent or broker, read industry bulletins, find out which companies have the most complaints, and view a list of available companies.

And the best car insurance company is…

Cheaper car insurance is definitely available from both online companies as well as from independent agents in West Palm Beach, and you need to price shop both to have the best selection. There are still a few companies who don’t offer the ability to get a quote online and most of the time these small insurance companies sell through independent agents.

We just covered a lot of ways to shop for car insurance online. The key concept to understand is the more price quotes you have, the better likelihood of reducing your rate. Consumers may even find the biggest savings come from a company that doesn’t do a lot of advertising.

Drivers who switch companies do it for many reasons like being labeled a high risk driver, delays in paying claims, high prices and an unsatisfactory settlement offer. No matter why you want to switch, choosing a new company can be easy and end up saving you some money.