Having to pay for overpriced car insurance can take a big chunk out of your personal savings and make it hard to pay other bills. Comparing price quotes is a great way to slash your bill and have more diposable income.
Companies like Progressive, State Farm and GEICO continually bombard you with catchy ads and it can be hard to not get sucked in by the cute commercials and do the work needed to find the best deal.
There are a variety of methods you can shop for car insurance and some are less time-consuming than others. You can spend countless hours discussing policy coverages with insurance agencies in Wolf Point, or you could save time and use the web to get rate comparisons in just a few minutes.
Most car insurance companies participate in an industry program that enables customers to submit one quote, and every company returns a competitive quote determined by their information. This saves time by eliminating quotation requests to every company.
To access this free quoting program, click here to open in new window.
The only drawback to doing it this way is you cannot specify which companies to get quotes from. If you would rather choose specific insurance companies to compare rates, we have a page of low cost car insurance companies in Montana. Click here to view list.
It’s up to you which method you use, but ensure you’re using apples-to-apples deductibles and coverage limits for each comparison quote. If each company quotes higher or lower deductibles it will be next to impossible to find the best deal in Wolf Point. Slightly different limits can mean a large discrepancy in price. It’s important to know that comparing a large number of companies will enable you to find the best rates.
GEICO, State Farm and Progressive consistently run television and radio advertisements. All the companies have a common claim that you can save if you change your coverage to them. How does each company make almost identical claims? It’s all in the numbers.
All companies have a certain “appetite” for the driver they prefer to insure. A good example of a profitable customer might be between the ages of 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. A driver who meets those qualifications will qualify for the lowest rates and therefore will cut their rates substantially.
Potential insureds who do not match the “perfect” profile must pay more money and this can result in the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “everyone that quotes” save that much money. That’s why companies can claim big savings.
This illustrates why you absolutely need to get as many quotes as possible. It’s impossible to know which car insurance company will give you the biggest savings.
It’s important that you understand the factors that help determine the price you pay for car insurance. Understanding what controls the rates you pay empowers consumers to make smart changes that could result in better car insurance rates.
The following are some of the factors used by your company to calculate premiums.
The price of auto insurance can be rather high, but there are discounts available to reduce the price significantly. Certain discounts will be triggered automatically at the time of quoting, but some must be specially asked for prior to receiving the credit.
Drivers should understand that most discounts do not apply to the entire policy premium. Most cut the cost of specific coverages such as comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, car insurance companies aren’t that generous. But all discounts will bring down the cost of coverage.
Certain consumers would rather get advice from a local agent. The biggest benefit of comparing insurance prices online is you can get the lowest rates but also keep your business local. Buying from local agencies is important especially in Wolf Point.
After completing this form (opens in new window), your information is transmitted to local insurance agents in Wolf Point who will return price quotes to get your business. There is no reason to visit any agencies as quotes are delivered immediately to your email address. It doesn’t get any easier! It’s the lowest rates and a licensed agent to work with.
If you’re trying to find a good insurance agency, there are two types of insurance agents from which to choose. Wolf Point agents are either captive or independent (non-captive).
Independent insurance agents are not locked into one company but instead can place your coverage amongst many companies and potentially find a lower price. If you are not satisfied with one company, the business is moved internally without you having to go to a different agency.
When comparing rates, it’s recommended you include several independent insurance agents for maximum quote selection.
The following are independent agents in Wolf Point that may be able to provide rate quotes.
Gary J Johnson Insurance – 508 Blaine St – Wolf Point, MT 59201 – (406) 653-2310
Squires Insurance – 406 Main St – Wolf Point, MT 59201 – (406) 653-1460
Captive agents work for only one company like American Family, State Farm and Allstate. These agents are not able to place coverage with different providers so always compare other rates. Captives are well schooled on their company’s products which helps them compete with independent agents.
Shown below are Wolf Point captive insurance agents that can give you comparison quotes.
Farm Bureau Insurance – 513 Blaine St – Wolf Point, MT 59201 – (406) 653-3402
To view a complete directory of car insurance agents in Wolf Point, visit this site.
Selecting a car insurance agent should depend on more than just a low price. Here are some questions to ask:
Once you have positive feedback in addition to an acceptable price estimate, you’ve probably found an insurance agent that is a good match to service your policy.
In this article, we presented quite a bit of information on how to shop for car insurance online. It’s most important to understand that the more quotes you get, the higher your chance of finding lower rates. Consumers may even find the lowest rates come from the smaller companies. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm or Progressive.
While you’re price shopping online, make sure you don’t reduce coverage to reduce premium. There have been many situations where someone dropped comprehensive coverage or liability limits only to discover later that the small savings ended up costing them much more. The aim is to buy enough coverage at a price you can afford.
Additional information can be found on the website for the Montana Commissioner of Securities and Insurance found here. Visitors are able to report car insurance fraud, find out which companies have the most complaints, read industry bulletins, and view a list of available companies.