Are you sick and tired of being strong-armed to pay your car insurance bill each month? You are in the same boat as many other drivers in West Virginia. Companies like Progressive, State Farm and GEICO increase brand awareness with advertising and it can be hard to separate fact from fiction and effectively compare rates to find the best deal.
If you have a policy now or need a new policy, you will benefit by learning to find better prices and still get good coverage. Finding affordable coverage in Buckhannon is quite easy. West Virginia drivers only need an understanding of the proper way to buy auto insurance online.
There are a lot of ways you can shop for auto insurance but one way is more efficient than others. You can waste a lot of time driving to agents in Buckhannon, or you can utilize online quoting to get rates in a matter of minutes.
Most of the larger companies participate in a marketplace where prospective buyers enter their policy data once, and each participating company can give them a price based on the submitted data. This saves time by eliminating quotation requests to every company.
To submit your quote information now, click here (opens in new window).
One minor caviat to doing it this way is that you can’t choose the companies to receive prices from. So if you want to select from a list of companies to compare, we have assembled a list of the cheapest auto insurance companies in West Virginia. Click to view list.
Which method you use is up to you, but be sure to compare the exact same coverages and limits for every quote you compare. If you have different liability limits it’s not possible to determine the lowest rate in Buckhannon.
Car insurance companies don’t always advertise all available discounts very well, so we researched some of the more common as well as the least known auto insurance savings. If you don’t get every credit you qualify for, you are paying more than you should be.
Consumers should know that most credits do not apply to the entire policy premium. A few only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like all the discounts add up to a free policy, auto insurance companies aren’t that generous.
An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates enables informed choices that will entitle you to lower auto insurance prices.
Shown below are some of the items auto insurance companies consider when setting prices.
Additional detailed information is located at the West Virginia Insurance Commission website. West Virginia consumers can read consumer alerts, file complaints about an insurance agent or broker, and download brochures.
Consumers in West Virginia can’t ignore all the ads for the lowest price auto insurance by Allstate and Progressive. They all seem to say the same thing that you’ll save big after switching to their company.
But how can every company claim to save you money?
Different companies can use profiling for the driver that earns them a profit. An example of a profitable customer might be profiled as between 30 and 50, has no driving citations, and has a high credit rating. A customer getting a price quote that hits that “sweet spot” will get very good rates and is almost guaranteed to save when they switch companies.
Drivers who fall outside these standards will be quoted a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads state “customers who switch” not “people who quote” save that much. That’s the way insurance companies can confidently advertise the way they do. This emphasizes why you need to get as many quotes as possible. You cannot predict which insurance companies will have the lowest rates.
The cheapest auto insurance can be sourced both online as well as from independent agents in Buckhannon, and you need to price shop both in order to have the best chance of saving money. A few companies don’t offer online quoting and many times these smaller companies only sell through independent insurance agents.
As you shop your coverage around, don’t be tempted to reduce coverage to reduce premium. There have been many cases where an insured dropped collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to buy a smart amount of coverage at the best price while still protecting your assets.
In this article, we covered a lot of ways to save on auto insurance. The key thing to remember is the more times you quote, the better chance you’ll have of finding lower rates. Consumers may even find the best prices are with some of the smallest insurance companies. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm and Allstate.