8 Money Saving Ideas Proven to Slash the Cost of Auto Insurance Costs in Bryant

Buying cheap Bryant auto insurance online can seem to be challenging for beginners to online price comaprisons. Because there are so many insurance companies available, how can consumers effectively compare them all to find the lowest price available?

It’s a great practice to compare rates on a regular basis since rates are rarely the same from one policy term to another. Just because you found the lowest rates a couple years back there may be better deals available now. You’ll find quite a bit of inaccurate information about auto insurance online but with this article, you’re going to get some of the best ways to slash your auto insurance rates.

This article will instruct you on the most effective way to quote insurance. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. But Arkansas drivers must comprehend the methods companies use to sell insurance online and apply this information to your search.

Quick Bryant Auto Insurance Quotes

There are multiple methods to shop for auto insurance, but some are easier and takes less work. You can spend countless hours discussing policy coverages with insurance companies in Bryant, or you can utilize the internet to get rates in a matter of minutes.

Most of the larger companies belong to an insurance system where prospective buyers only type in their quote data once, and each company returns a rated price. This eliminates the need for quote forms for each company you want a rate for.

To get comparison pricing now click here (opens in new window).

The single downside to doing it this way is that consumers can’t choose the providers you want to price. If you would rather choose specific insurance companies to compare prices, we put together a list of auto insurance companies in Arkansas. Click here for list of insurance companies in Arkansas.

It’s up to you how you get prices quotes, just be sure to compare identical coverages with every price quote. If you use different values for each quote it will be very difficult to find the best deal in Bryant. Just a small difference in coverage limits may result in large price differences. And when price shopping your coverage, getting more free quotes will improve the odds of getting the best rates.

These eight discounts can slash auto insurance rates

Insuring your vehicles can cost a lot, buy you may qualify for discounts that many people don’t even know exist. A few discounts will automatically apply at the time of quoting, but less common discounts must be manually applied before they will apply.

  • Service Members Pay Less – Having a family member in the military could mean lower rates.
  • New Car Discount – Buying coverage on a new vehicle can cost up to 25% less due to better safety requirements for new cars.
  • Passive Restraint Discount – Factory air bags or automatic seat belts can receive discounts of more than 20%.
  • Safety Course Discount – Successfully completing a course teaching defensive driving skills could cut 5% off your bill if you qualify.
  • Discounts for Safe Drivers – Safe drivers may save up to 50% more than drivers with accidents.
  • Good Student Discount – Getting good grades can save 20 to 25%. This discount can apply until age 25.
  • Save over 55 – If you’re over the age of 55, you may be able to get a discount up to 10%.
  • Accident Free – Good drivers with no accidents pay much less compared to accident-prone drivers.

Drivers should understand that some credits don’t apply to the entire cost. Most cut specific coverage prices like comprehensive or collision. So when it seems like you would end up receiving a 100% discount, companies don’t profit that way. But all discounts will reduce the cost of coverage.

To choose providers who offer auto insurance discounts in Bryant, click here to view.

What about using a local agent?

Some consumers prefer to buy from a licensed agent and there is nothing wrong with that. The best thing about price shopping on the web is you may find the lowest rates but still work with a licensed agent. Supporting local businesses is especially important in Bryant.

After completing this form (opens in new window), your coverage information is emailed to companies in Bryant who will battle for your business. You won’t need to drive around due to the fact that quote results will go immediately to your email address. It doesn’t get any easier! You’ll get the best rates AND a local agent.

The difference between Bryant insurance agencies

When looking for local Bryant agents, there are a couple of different types of agents that you can select. Bryant agents are either independent (non-captive) or captive.

Independent Agents

Independent agencies do not work for one specific company so they can insure your vehicles with any number of different companies depending on which coverage is best. To transfer your coverage to a different company, your agent can switch companies and that require little work on your part. When searching for an agent, we recommend you include price quotes from at least one independent agent to get the best comparison. Most have the option of insuring with lesser-known insurance companies which can be an advantage.

Shown below are independent agents in Bryant that may be able to provide competitive price quotes.

  • Safeco Insurance – Oldner Corporate Plz – Bryant, AR 72022 – (501) 653-0670
  • Snider Agency – 304 N Reynolds Rd – Bryant, AR 72022 – (501) 847-2541
  • Vocque Agency LLC – 3411 Main St – Bryant, AR 72022 – (501) 847-9292
  • Farm Bureau Insurance – 119 Broadway – Bryant, AR 72022 – (501) 653-2283
  • Davis-Garvin Agency – Oldner Corporate Plaza – Bryant, AR 72022 – (501) 847-1337
Captive Agents

These agents have only one company to place business with such as American Family, Liberty Mutual and AAA. These agents are not able to shop your coverage around so they have no alternatives for high prices. Captive agents are well schooled on their company’s products which helps them sell insurance even at higher premiums. Some people will only buy insurance from these agents mostly because of high brand loyalty and the convenience of having all coverages with one company.

Below is a list of captive agencies in Bryant who can help you get comparison quotes.

  • Allstate Insurance Co – 5200 Highway 5 N # 2 – Bryant, AR 72022 – (501) 847-6446
  • Farmers Insurance Group – 6838 Highway 5 N – Bryant, AR 72022 – (501) 847-1131
  • Shelter Insurance – 201 Roya Ln # 1 – Bryant, AR 72022 – (501) 847-8082
  • Farm Bureau Insurance – 119 Broadway – Bryant, AR 72022 – (501) 653-2283
  • State Farm Insurance – 3300 Commonwealth Dr – Bryant, AR 72022 – (501) 847-4199

To view a complete directory of auto insurance agents in Bryant, visit this link.

Choosing an insurance agency needs to be determined by more than just a low price. Ask your prospective agent these questions:

  • Is their price quote a firm figure or are their hidden costs?
  • Do the coverages you’re quoting properly cover your vehicle?
  • How are claims handled?
  • Do they have adequate Errors and Ommissions coverage? This protects you if they make a mistake.
  • Are they full-time agents?

Upon getting answers to your satisfaction for all questions you ask and an affordable coverage quote, you have narrowed it down to an auto insurance agent that meets your needs to adequately provide auto insurance.

What is the best insurance coverage?

When it comes to buying adequate coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can aid in determining whether your personal situation would benefit from professional advice.

  • Should I put collision coverage on all my vehicles?
  • When would I need additional glass coverage?
  • Who is covered when they drive my vehicle?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Who is covered by my policy?
  • Does my vehicle need full coverage?
  • Why am I required to get a high-risk car insurance policy?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form.

Auto insurance coverage options

Understanding the coverages of a auto insurance policy helps when choosing the right coverages and proper limits and deductibles. Auto insurance terms can be impossible to understand and coverage can change by endorsement.

Comprehensive protection – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like a broken windshield, vandalism and theft. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical expense coverage – Med pay and PIP coverage reimburse you for short-term medical expenses such as nursing services, chiropractic care, rehabilitation expenses, hospital visits and X-ray expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Coverage for liability – Liability coverage will cover damage that occurs to a person or their property by causing an accident. It protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like medical services, repair bills for other people’s vehicles, bail bonds, repair costs for stationary objects and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford. Arkansas state minimum liability requirements are 25,000/50,000/25,000 but drivers should carry more liability than the minimum.

Collision coverages – This coverage pays for damage to your vehicle resulting from a collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like sustaining damage from a pot hole, driving through your garage door, sideswiping another vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your vehicle.

Because many people only carry the minimum required liability limits (25/50/25), their limits can quickly be used up. So UM/UIM coverage is very important. Most of the time the UM/UIM limits are set the same as your liablity limits.

Additional information is located on the Arkansas Insurance Department website through this link. Arkansas drivers can find a variety of consumer forms, find out which companies have the most complaints, read industry bulletins, and get help finding coverage.

Final considerations

Affordable auto insurance is attainable online and also from your neighborhood Bryant agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some auto insurance companies may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

We just covered many ways to get a better price on auto insurance. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your rates. Consumers may even find the most savings is with some of the lesser-known companies.

As you prepare to switch companies, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, someone sacrificed liability limits or collision coverage only to regret at claim time that the savings was not a smart move. The ultimate goal is to buy enough coverage for the lowest price while not skimping on critical coverages.