9 Ways to Save Money on Auto Insurance in Moreno Valley

Shopping for the cheapest Moreno Valley auto insurance online may be challenging for consumers new to price shopping online. With a ridiculous number of companies in the marketplace, how can anyone possibly compare every one to find the cheapest available price?

Smart consumers take time to shop coverage around before your policy renews due to the fact that insurance rates are usually higher with each renewal. Even if you got the best deal on your last policy other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because we’re going to demonstrate the only way to save money, get proper deductibles and limits, all at the lowest rate.

The purpose of this article is to let you in on the best way to quote coverages and some money-saving tips. If you currently have a car insurance policy, you will be able to lower your premiums substantially using these techniques. California drivers only need an understanding of the most effective way to compare price quotes online.

Save big with these nine discounts

Insuring your fleet can be pricey, buy you may qualify for discounts to cut the cost considerably. Most are applied at quote time, but less common discounts must be asked about before you will receive the discount. If you don’t get every credit possible, you are paying more than you should be.

  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Drivers Ed for Students – Have your child successfully complete driver’s ed class in school.
  • No Charge for an Accident – Some insurance companies allow you one accident before hitting you with a surcharge if you are claim-free prior to the accident.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same auto insurance policy could earn a price break for each car.
  • New Vehicle Savings – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Multiple Policy Discount – If you insure your home and vehicles with one insurance company you will save 10% to 20% off each policy.
  • Federal Employees – Employees or retirees of the government may qualify you for a discount with a few auto insurance companies.
  • Club Memberships – Participating in certain professional organizations may earn a discount on your policy.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. A few only apply to individual premiums such as liability and collision coverage. Even though it may seem like you could get a free auto insurance policy, it doesn’t quite work that way. But any discount will cut the amount you have to pay.

To see a list of companies offering auto insurance discounts in Moreno Valley, click here to view.

But I prefer to buy car insurance from an agent

Certain consumers would prefer to buy from a licensed agent and that is a personal choice. Educated insurance agents can help determine the best coverages and help you file claims. The best thing about comparing rates online is you can get lower rates and still choose a local agent. And supporting local businesses is important particularly in Moreno Valley.

To make it easy to find an agent, after completing this simple form, your insurance coverage information is transmitted to agents in your area who will return price quotes for your coverage. You never need to even leave your home due to the fact that quote results will go to your email. How’s that for easy!

Compare rates from both independent and captive auto insurance agents

When looking for a good insurance agency, you need to know there are two types of agencies that you can select. Agencies in Moreno Valley are either captive or independent (non-captive). Both types can do a good job, but it’s important to know how they are different because it can impact the type of agent you choose

Independent Agents (or Brokers)

Independent insurance agents are not employed by any specific company but rather can write business amongst many companies depending on which coverage is best. To move your coverage to a new company, the agent simply finds a different carrier and you won’t have to switch agencies. When comparison shopping, we recommend you include multiple independent agents to ensure the widest selection of prices.Most can insure with lesser-known insurance companies which may provide better rates.

Listed below is a short list of independent agents in Moreno Valley that are able to give pricing information.

  • Amrix Insurance – 24825 Alessandro Blvd # 2 – Moreno Valley, CA 92553 – (951) 247-6001
  • Luther Harrison Jr Insurance – 24250 Postal Ave # 202 – Moreno Valley, CA 92553 – (951) 243-8608
Agency Captives

Captive agencies can only write with one company and examples are State Farm, AAA, Farmers Insurance or Allstate. Captives cannot shop your coverage around so always compare other rates. These agents are well schooled in insurance sales which helps them sell insurance even at higher premiums. Consumers sometimes purchase coverage from captives mostly because of the prominence of the brand and strong financial ratings.

Below are captive agents in Moreno Valley that can give you price quote information.

  • Farmers Insurance Group – 23962 Alessandro Blvd # S – Moreno Valley, CA 92553 – (951) 656-2709
  • State Farm Insurance – 22366 Alessandro Blvd – Moreno Valley, CA 92553 – (951) 653-1133
  • Allstate Insurance – 23470 Olive Wood Plaza Dr #250 – Moreno Valley, CA 92553 – (951) 924-4362

For a complete listing of Moreno Valley captive insurance agencies, click here to link.

Picking an insurance agent shouldn’t rely on just the bottom line cost. Some important questions to ask are:

  • Do the coverages you’re quoting properly cover your vehicle?
  • Which insurance companies are they affiliated with?
  • What is the agency’s Better Business Bureau rating?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
  • If you have an accident, will your rates go up?

Upon getting good answers to your questions and a low price estimate, you’ve probably found a car insurance agent that meets your needs to properly insure your vehicles.

Save 15 percent in 15 minutes? Is it for real?

Consumers in California can’t get away from ads for car insurance savings from companies such as Allstate, GEICO and Progressive. All the companies have a common claim that you can save if you change your policy.

How does each company claim to save you money?

All the different companies can use profiling for the driver that is profitable for them. For example, a profitable customer might be profiled as between 30 and 50, a clean driving record, and has great credit. A propective insured who fits that profile will get the preferred rates and as a result will probably save when they switch companies.

Consumers who do not match these standards will be quoted more money which leads to the customer not buying. The ads state “people who switch” not “everyone that quotes” save that much. That is how companies can make those claims.

This emphasizes why drivers must compare many company’s rates. It’s not possible to predict which insurance companies will fit your personal profile best.

Additional information can be read on the California Department of Insurance website through this link. Visitors are able to read industry bulletins, report car insurance fraud, read state legal mandates and laws, and get help finding coverage.

Other related articles:

Car insurance 101

Having a good grasp of auto insurance can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for short-term medical expenses like chiropractic care, nursing services, ambulance fees, hospital visits and prosthetic devices. They are often utilized in addition to your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as rock chips in glass, hail damage and fire damage. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your vehicle.

Since many California drivers carry very low liability coverage limits (which is 15/30/5), their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually these limits are similar to your liability insurance amounts.

Liability auto insurance

This coverage can cover damage or injury you incur to people or other property that is your fault. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

lower rates in Moreno Valley CA

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Some companies may use a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims like repair costs for stationary objects, attorney fees, funeral expenses and court costs. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible. California requires drivers to carry at least 15,000/30,000/5,000 but you should think about purchasing more coverage.

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as crashing into a building, scraping a guard rail, backing into a parked car and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

More quotes mean more savings

Discount auto insurance can be found from both online companies as well as from independent agents in Moreno Valley, and you need to price shop both to have the best selection. Some insurance providers don’t offer the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

As you prepare to switch companies, you should never skimp on coverage in order to save money. There have been many cases where drivers have reduced physical damage coverage only to regret at claim time they didn’t have enough coverage. Your focus should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

We’ve covered some good ideas how you can lower your auto insurance rates. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the lowest priced auto insurance comes from a small mutual company.