Scraping up a payment for overpriced car insurance can empty your personal savings and force you to prioritize other expenses. Comparing price quotes is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket. Popular companies such as GEICO, Farmers Insurance and State Farm constantly bombard you with ad campaigns and consumers find it hard to separate fact from fiction and find the best price available.
There are multiple methods to shop for car insurance, and some are less labor-intensive and much quicker. You can waste a lot of time discussing policy coverages with agents in Bethel, or you can utilize the web to achieve your goal.
Many companies participate in an industry program where prospective buyers only type in their quote data once, and every company returns a competitive quote based on that data. This saves time by eliminating quotation requests to every company.
To enter your information into the quoting system, click here (opens in new window).
The only drawback to doing it this way is you can’t choose which insurance companies you want to price. So if you want to select specific insurance companies to compare, we have a listing of car insurance companies in Alaska. Click here to view list.
Whichever way you use, be sure to compare exactly the same coverage information on every quote you get. If you are comparing different deductibles it will be impossible to find the best deal in Bethel.
Consumers can’t ignore all the ads that promise big savings by companies like Allstate and Progressive. They all seem to say the same thing that you’ll save big if you change to them.
How does each company make the same claim? It’s all in the numbers.
All the different companies have a preferred profile for the driver that earns them a profit. For example, a preferred risk might be between 30 and 50, a clean driving record, and drives less than 7,500 miles a year. Any new insured who matches those parameters will get very good rates and as a result will probably save quite a bit of money when switching.
Potential customers who are not a match for the “perfect” profile will be charged a higher premium which usually ends up with business not being written. The ads state “customers who switch” but not “drivers who get quotes” save that much. This is how insurance companies can confidently claim big savings. That is why drivers must get quotes from several different companies. It’s impossible to know which insurance companies will have the lowest rates.
Companies that sell car insurance don’t always publicize all their discounts very well, so we took the time to find some of the best known and the harder-to-find savings tricks you should be using. If you don’t get every credit possible, you are throwing money away.
Consumers should know that many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.
Some people would prefer to buy from a licensed agent. Good agents can point out coverage gaps and help you file claims. The biggest benefit of price shopping on the web is the fact that you can find the lowest rates and still choose a local agent.
Once you complete this form (opens in new window), your insurance coverage information is emailed to local insurance agents who will give you bids for your coverage. There is no reason to visit any agencies because quoted prices will be sent to your email. Now that’s easy!
Choosing an insurer shouldn’t rely on just a low price. These are valid questions to ask:
If you’re trying to find a local agent, you need to know there are two types of insurance agents to choose from. Agencies in Bethel are either captive or independent. Both types can properly insure your vehicles, but it’s worth learning how they differ since it may influence the type of agent you choose
This type of agents work for only one company such as Allstate, State Farm and Farmers Insurance. These agents are not able to compare other company’s rates so they have to upsell other benefits. These agents are very knowledgeable in insurance sales which can be an advantage.
Listed below are Bethel captive agencies willing to provide comparison quotes.
Allstate Insurance – 401 Ridgecrest Dr # B – Bethel, AK 99559 – (907) 543-2934
Independent insurance agents are not required to write business for one company but rather can write business with many different companies depending on which coverage is best. If your agent finds better pricing, your agent can switch companies without you having to go to a different agency. When comparing rates, it’s recommended you include price quotes from at a minimum one independent agency to get the best comparison.
After getting reasonable responses and a low price estimate, you’ve probably found an auto insurance agent that can insure your vehicles.
When choosing the right insurance coverage, there is no cookie cutter policy. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that may help you determine whether you might need professional guidance.
If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.
Additional detailed information can be read at the Alaska Division of Insurance website. Visitors are able to report car insurance fraud, find a variety of consumer forms, learn about insurance regulations, and read enforcement actions against agents and companies.
In this article, we covered many ideas to get a better price on car insurance. The most important thing to understand is the more times you quote, the better chance you’ll have of finding lower rates. Drivers may discover the best prices are with a company that doesn’t do a lot of advertising. Some small companies may have significantly lower rates on certain market segments than their larger competitors like Progressive or GEICO.
As you prepare to switch companies, don’t be tempted to buy less coverage just to save a little money. In many cases, an insured cut liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase a proper amount of coverage for the lowest price while not skimping on critical coverages.