6 Must-Know Techniques When Comparing Farmington Hills, MI Auto Insurance

Purchasing low-cost Farmington Hills auto insurance online can seem to be intimidating for consumers new to comparison shopping online. With so many choices of insurance companies available, how can anyone have a chance to compare the different rates to find the lowest price?

It’s a great practice to do rate comparisons at least once a year due to the fact that insurance rates are variable and change quite frequently. Just because you had the best rates a few years ago there may be better deals available now. So forget anything you know (or think you know) about auto insurance because we’re going to show you the fastest way to reduce your cost while increasing coverage.

If you currently have car insurance, you stand a good chance to be able to save some money using this strategy. Buying affordable coverage in Farmington Hills is easy if you know what you’re doing. Nevertheless, Michigan car owners need to learn how big insurance companies market insurance on the web because it can help you find the best coverage.

Don’t pay full price with these discounts

Insurance can cost an arm and a leg, but there are discounts available to help offset the cost. Some discounts apply automatically at the time of purchase, but some may not be applied and must be requested specifically before being credited.

  • Early Signing – Some companies give discounts for switching to them prior to your current policy expiration. This can save 10% or more.
  • Accident Forgiveness – A few companies permit an accident without raising rates if your claims history is clear for a certain period of time.
  • Driver Safety – Taking a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Government Employees – Simply working for the federal government can save as much as 8% depending on your company.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course in high school.
  • Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more than less cautious drivers.
  • E-sign – Certain companies may give you up to $50 for buying your policy digitally online.
  • Fewer Miles Equal More Savings – Fewer annual miles could qualify for discounted rates on garaged vehicles.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Life Insurance Discount – Companies who offer life insurance give lower rates if you buy life insurance from them.

A little note about advertised discounts, most discount credits are not given to the entire policy premium. A few only apply to individual premiums such as medical payments or collision. Even though it may seem like you could get a free auto insurance policy, you’re out of luck. But all discounts will help reduce your overall premium however.

For a list of insurers who offer auto insurance discounts in Michigan, click here.

Low Cost Farmington Hills Auto Insurance

Performing a rate comparison can be a daunting task if you aren’t aware of the best way to get rate quotes. You could spend your day talking about coverages with insurance companies in Farmington Hills, or you could use online quotes to get rates in a matter of minutes.auto insurance image

Many insurance companies belong to a marketplace that allows shoppers to only type in their quote data once, and each company can give them a price. This system prevents you from having to do quote requests for every auto insurance company.

To find out what other companies charge click to open in new window.

The one downside to using this type of system is that consumers can’t choose which insurance companies to receive prices from. So if you prefer to pick individual companies to compare rates, we have a listing of auto insurance companies in Michigan. Click here for list of insurance companies in Michigan.

It’s your choice how you get your quotes, but compare exactly the same coverage information for each price quote. If your comparisons have different deductibles you can’t possibly find the best deal in Farmington Hills. Slightly different limits may cause a big price difference. And when quoting auto insurance, remember that quoting more will increase your chances of finding lower pricing.

Your personal situation dictates your coverage

When buying the right insurance coverage for your vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions could help you determine whether you might need an agent’s assistance.

  • How much underlying liability do I need for an umbrella policy?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • How many claims can I have before being cancelled?
  • Do I need PIP coverage since I have good health insurance?
  • Do I need to file an SR-22 for a DUI in Michigan?
  • Is my teen driver covered when they drive my company car?
  • Is my dog or cat covered if injured in an accident?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form.

Summing up your auto insurance search

Throughout this article, we presented many ways to lower your auto insurance rates. The key thing to remember is the more providers you compare, the better your comparison will be. Consumers could even find that the biggest savings come from a lesser-known regional company.

Consumers switch companies for a variety of reasons including denial of a claim, unfair underwriting practices, lack of trust in their agent or even policy cancellation. No matter why you want to switch, finding a new company is pretty easy and you might even save some money in the process.

When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. Too many times, drivers have reduced liability coverage limits to discover at claim time that the savings was not a smart move. The proper strategy is to find the BEST coverage at the best price while still protecting your assets.