Professional Techniques to Lower Cabot Arkansas Auto Insurance

Feel like you’re a prisoner to overpriced auto insurance? Trust us when we tell you there are a lot of people in Cabot just like you who feel imprisoned by their auto insurance policy. Popular companies such as State Farm, Farmers Insurance, GEICO and Allstate constantly blast consumers with advertising and it is difficult to see through the cute green geckos and mayhem and find the best price available.

If you have a policy now or are shopping for new coverage, you can follow these tips to find the best rates while maximizing coverage. Buying car insurance in Cabot is not rocket science. Arkansas drivers only need to know the best way to compare rates online.

Take advantage of discounts

Companies offering auto insurance don’t always list every discount very clearly, so the following is a list of both well-publicized and the more hidden discounts you could be receiving. If you’re not getting every credit you deserve, you are throwing money away.

• Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
• Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
• Drive Safe and Save – Drivers who avoid accidents can get discounts for up to 45% lower rates than drivers with accident claims.
• Own a Home – Owning a house in Cabot can save you money because of the fact that having a home demonstrates responsibility.
• Drivers Education – Have your child enroll in driver’s education if offered at their school.
• Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. The discount lasts until age 25.
• Accident Free – Drivers with accident-free driving histories can earn big discounts as compared to accident-prone drivers.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Some only reduce individual premiums such as physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, it just doesn’t work that way.

To see a list of insurers who offer auto insurance discounts in Cabot, click here to view.

Are auto insurance companies telling the truth?

Arkansas drivers constantly see and hear ads for cheaper car insurance by State Farm and Allstate. All the ads say the same thing that you’ll save big if you switch to their company.

But how can every company say the same thing? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of customer they prefer to insure. An example of a profitable customer could be over the age of 50, owns a home, and drives newer vehicles. A propective insured that hits that “sweet spot” gets the lowest rates and therefore will save when they switch companies.

Drivers who don’t qualify for these standards must pay a more expensive rate which leads to business not being written. The ads say “customers that switch” but not “drivers who get quotes” save that much. That’s the way insurance companies can advertise the savings. This illustrates why you should get as many comparisons as possible. It’s just too difficult to predict which insurance companies will give you the biggest savings.

Additional auto insurance links

More tips and info about auto insurance can be read at the Arkansas Insurance Department website. Arkansas drivers can file complaints about a company, download brochures, and find a variety of consumer forms.

Final thoughts

You just learned some good ideas how to save on auto insurance. The key thing to remember is the more times you quote, the better chance you’ll have of finding lower rates. Drivers may discover the lowest rates come from a small local company. These smaller insurers can often provide lower rates in certain areas than the large multi-state companies such as Progressive or GEICO.

Cheaper auto insurance is definitely available from both online companies and with local Cabot insurance agents, so you should compare both to have the best selection. Some insurance providers do not offer online price quotes and these small insurance companies work with independent agents.