Have you fallen victim to overpriced auto insurance? Trust us when we tell you you’re not alone. Insurance companies such as Allstate and Progressive continually bombard you with TV and radio ads and consumers find it hard to ignore the promise of big savings and take the time to shop coverage around.
You should take the time to price shop coverage occasionally due to the fact that insurance rates tend to go up over time. If you had the lowest rates on 100 CS coverage a couple years back you can probably find a lower rate today. Starting right now, forget all the misinformation about auto insurance because it’s time to teach you the things you must know in order to find better rates and still maintain coverage.
If you have a policy now or are looking for a new policy, you will benefit by learning to cut your premiums while maintaining coverages. Finding the best rates is easy if you know what you’re doing. Vehicle owners just need to know the best way to find the lowest price online.
There are a variety of methods to compare auto insurance quotes, and some are easier and takes less work. You could spend the better part of a day talking about coverages with agents in your area, or you can stay home and use the web to achieve your goal.
Most of the larger companies enroll in a system that allows shoppers to enter their coverage request one time, and each participating company can provide price quotes based on that information. This prevents consumers from doing form submissions to each company. To compare rates using this form now click to open in new window.
The one downside to comparing rates this way is you don’t know exactly which insurance companies to receive prices from. If you prefer to choose individual companies to request quotes from, we put together a list of companies who write auto insurance in your area. Click here to view list.
It’s your choice how you get your quotes, but make absolute certain that you use apples-to-apples information for every quote you compare. If you compare higher or lower deductibles it’s impossible to make an equal comparison.
Consumers can’t ignore all the ads for the lowest price auto insurance from the likes of GEICO, State Farm and Progressive. All the companies say the same thing that you can save if you switch your coverage to them.
How can each company claim to save you money? This is how they do it.
Insurance companies have a preferred profile for the type of driver that makes them money. For instance, a profitable customer could be between the ages of 40 and 55, has no prior claims, and drives less than 10,000 miles a year. A propective insured who fits that profile will get very good rates and as a result will probably save a lot of money.
Consumers who fall outside these standards will be charged a more expensive rate which leads to the customer not buying. The ads say “people who switch” not “everybody who quotes” save money. That is how companies can truthfully make the claims of big savings. That is why you absolutely need to get as many quotes as possible. It’s not possible to predict which company will fit your personal profile best.
An important part of buying insurance is that you know the rating factors that go into determining the rates you pay for auto insurance. Knowing what impacts premium levels allows you to make educated decisions that can help you get much lower annual insurance costs.
Listed below are some of the factors companies use to determine your rates.
Companies that sell car insurance do not list every available discount very clearly, so we took the time to find both well-publicized and the more hidden discounts you could be receiving. If you’re not getting every credit you qualify for, you are throwing money away.
Consumers should know that some of the credits will not apply to the entire policy premium. Most only apply to specific coverage prices like liability and collision coverage. So when it seems like it’s possible to get free car insurance, it just doesn’t work that way.
When choosing the right insurance coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions may help you determine if you would benefit from an agent’s advice.
If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, free and you can get the answers you need.
Cheaper Audi 100 CS insurance can be purchased from both online companies and also from your neighborhood agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies may not provide online price quotes and these regional insurance providers work with independent agents.
As you restructure your insurance plan, it’s very important that you do not sacrifice coverage to reduce premiums. There are too many instances where someone dropped collision coverage only to regret they didn’t purchase enough coverage. Your strategy should be to buy a smart amount of coverage at an affordable rate while still protecting your assets.