Easiest Guide to Lower Ferrari 348 TS Auto Insurance Rates

No one likes having to buy auto insurance, particularly when the cost is too high.

Multiple insurers compete to insure your vehicles, so it can be very hard to choose a insurance company to get the best rate

It is always a good idea to check auto insurance prices once or twice a year because insurance rates change quite often. Just because you had the best rates on 348 TS insurance on your last policy there may be better deals available now. You can find a lot of misleading information regarding auto insurance online but I’m going to show you some tested techniques to find cheap auto insurance.

Where Can I Get Cheap Auto Insurance?

There are a variety of methods to shop for auto insurance, and some are more efficient than others. You could spend the better part of a day talking to insurance companies in your area, or you can stay home and use the web to achieve your goal.

Many companies participate in an industry program that allows shoppers to enter their coverage request one time, and every company can give them a price based on that information. This prevents consumers from doing form submissions to each company.

To enter your information into the quoting system, click to open in new window.

The one downside to using this type of form is you cannot specify the insurers you want to price. So if you prefer to pick individual companies to compare prices, we have a page of low cost auto insurance companies in your area. View list of insurance companies.

However you get your quotes, make sure you use identical coverages and limits on every quote. If your comparisons have different liability limits you can’t possibly determine which rate is truly the best. Having just a slight variation in insurance coverages may result in a large different in cost. Just keep in mind that quoting more gives you a better chance of getting the best price.

Are you getting all your discounts?

Insurance can be prohibitively expensive, but discounts can save money and there are some available to cut the cost considerably. A few discounts will automatically apply at the time you complete a quote, but a few must be specially asked for in order for you to get them.

• Paperless Signup – A handful of insurance companies give back up to $50 simply for signing over the internet.
• No Charge for an Accident – Some insurance companies permit an accident before raising your premiums if your claims history is clear prior to the accident.
• Homeowners Discount – Simply owning a home may trigger a auto insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
• Passive Restraint Discount – Vehicles equipped with air bags or automatic seat belts can receive discounts of up to 25% or more.
• Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education in high school.
• 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums on 348 TS insurance.
• Life Insurance – Larger companies have better rates if you take out auto and life insurance together.

Drivers should understand that most credits do not apply the the whole policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. So when the math indicates adding up those discounts means a free policy, it doesn’t quite work that way. Any qualifying discounts will cut the cost of coverage.

To see a list of companies offering auto insurance discounts, click this link.

Car Insurance through a local agent

Certain consumers would rather visit with an insurance agent and that is just fine! The biggest benefit of getting online price quotes is you can get the lowest rates and still have an agent to talk to. Supporting local businesses is important especially if you live in a smaller city or town.

After filling out this simple form, the coverage information is submitted to companies who will give you bids for your coverage. You never need to leave your computer because quoted prices will be sent directly to your email. How’s that for easy! Get lower rates without the usual hassles of price shopping.

Captive agents vs. Independent agents

If you’re trying to find a reliable agent, there are two different agency structures to choose from. Agents are categorized either captive or independent (non-captive).

Independent Agents

Independent insurance agents do not work for one specific company so they can insure your vehicles amongst many companies depending on which coverage is best. If you are not satisfied with one company, an independent agent can move your coverage and you don’t have to find a new agent. When searching for an agent, it’s recommended you contact several independent insurance agents to get the best comparison.

Captive Insurance Agents

Captive agencies can only write with one company and examples are Liberty Mutual, State Farm, Allstate and AAA. They usually cannot shop your coverage around so they have to upsell other benefits. Captives are well schooled on their company’s products which helps them sell insurance even at higher premiums.

For a full directory of agencies, visit this page.

Selecting an insurance agent needs to be determined by more than just the price. These are valid questions to ask:

• Do the companies they represent have a solid financial rating?
• Are claim adjusters local or do you have to take your car somewhere else?
• Who is covered by the car insurance policy?
• How often do they review policy coverages?
• If you have an accident, will your rates go up?
• Which insurance companies are they affiliated with?

Upon receiving good answers and an acceptable price quote, chances are good that you have found a car insurance agent that meets your needs to adequately provide auto insurance.

When should I use an insurance agent?

When buying the right insurance coverage, there isn’t really a cookie cutter policy. Every situation is different so this has to be addressed. Here are some questions about coverages that might point out if your insurance needs might need professional guidance.

• How can I get high-risk coverage after a DUI?
• Am I covered if I drive in a foreign country?
• At what point should I drop full coverage?
• Do I need rental car coverage?
• Do I get a pro-rated refund if I cancel my policy early?
• Does my policy pay for OEM or aftermarket parts?
• Am I covered when driving on a suspended license?
• Am I covered when using my vehicle for business?
• Am I covered by my spouse’s policy after a separation?
• Will I lose any money if I cancel my policy before it expires?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Some factors that can determine what Ferrari 348 TS insurance costs

An important part of buying insurance is that you know the rating factors that come into play when calculating the price you pay for auto insurance. Knowing what controls the rates you pay enables informed choices that can help you get much lower annual insurance costs.

The list below includes some of the items auto insurance companies consider when setting your rates.

• Lower rates with optional equipment – Choosing a vehicle with anti-theft technology or alarm system can get you a discount on your auto insurance. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your car from being stolen.
• Drive a safer car and pay less – Vehicles with high crash test scores tend to have better insurance rates. These vehicles have better occupant injury protection and fewer injuries means less money paid by your insurance company passed on to you as lower rates. If your Ferrari is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
• Rate your vehicle for proper use – The more you drive every year the higher your rates will be. Almost all companies price each vehicle’s coverage based on how the vehicle is used. Vehicles not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your 348 TS may be wasting your money. Ask your agent if your auto insurance policy shows the correct driver usage.
• Bad driving skills means higher rates – Just one ticket can bump up the cost by twenty percent. Drivers who don’t get tickets tend to pay less for car insurance than their less careful counterparts. Drivers who have dangerous citations such as DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
• Rates may be lower depending on your job – Occupations such as lawyers, business owners and dentists are shown to have the highest average rates due to stressful work requirements and long work days. Other occupations such as scientists, historians and the unemployed pay the least on 348 TS insurance.

In the end, you save

Discount Ferrari 348 TS insurance is possible both online and also from your neighborhood agents, and you should be comparing both to get a complete price analysis. A few companies may not provide online price quotes and most of the time these small insurance companies sell through independent agents.

When buying insurance coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many cases where an insured cut collision coverage only to find out that the few dollars in savings costed them thousands. Your aim should be to purchase plenty of coverage for the lowest price while still protecting your assets.