I can’t think of a single person who cherishes buying car insurance, in particular when the cost is too high.
Numerous car insurance companies battle for your hard-earned dollar, and it can be difficult to compare rates to discover the definitive best rate
You should take the time to shop coverage around occasionally because insurance rates are usually higher with each renewal. Even if you think you had the best rates two years ago the chances are good that you can find a lower rate today. So ignore everything you know about car insurance because we’re going to show you the best way to save money, get proper coverage and the best rates.
Auto insurance companies don’t list every available discount in a way that’s easy to find, so we break down both well-publicized and the harder-to-find ways to save on car insurance.
Keep in mind that some of the credits will not apply the the whole policy. Most only cut the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like it’s possible to get free car insurance, you’re out of luck.
For a list of providers with the best car insurance discounts in Alaska, click here to view.
Most major insurance companies such as State Farm, Allstate and GEICO provide coverage prices directly from their websites. This process is fairly simple as you simply enter your coverage information into a form. Once you submit the form, their system automatically retrieves reports for credit and driving violations and provides a quote based on these and other factors. Online quotes streamlines rate comparisons, but the work required to visit many different websites and enter the same data into a form can get tiresome after awhile. But it is imperative to have as many quotes as possible if you want to find lower prices.
Quote rates the easy way
A more efficient way to compare rates utilizes a single form to obtain quotes from several companies at one time. This type of form saves time, eliminates repetitive work, and makes rate comparisons a little more enjoyable. After your information is entered, it is rated with multiple companies and you can pick any or none of the quotes that you receive. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. The entire process takes 15 minutes at the most and you’ll know if lower rates are available.
To save time and use this form to compare rates, click here and fill out the form. If you have a policy now, it’s recommended you copy your coverages as shown on your current policy. Doing this assures you will have rate comparison quotes based on similar coverages.
It’s important that you understand the different types of things that go into determining the price you pay for car insurance. Knowing what controls the rates you pay empowers consumers to make smart changes that will entitle you to big savings.
Companies like State Farm, Allstate and GEICO consistently run ads on television and other media. All the ads have a common claim about savings if you change your coverage to them. But how can every company claim to save you money? This is how they do it.
All companies have a certain “appetite” for the type of customer that earns them a profit. A good example of a driver they prefer might be profiled as a mature driver, has no tickets, and drives newer vehicles. A driver who matches those parameters is entitled to the best price and therefore will save when switching.
Potential customers who don’t measure up to these standards will be quoted a higher premium and ends up with the driver buying from a lower-cost company. The ads say “customers who switch” not “everybody who quotes” save that much money. This is how companies can make the claims of big savings. This emphasizes why it is so important to get as many comparisons as possible. Because you never know which car insurance company will have the lowest rates.
We’ve covered a lot of information how to get a better price on car insurance. It’s most important to understand that the more times you quote, the better likelihood of reducing your rate. You may be surprised to find that the lowest rates come from a small local company. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive and GEICO.
When you buy insurance online, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many situations where an accident victim reduced full coverage and learned later that the few dollars in savings costed them thousands. Your aim should be to buy enough coverage at an affordable rate while not skimping on critical coverages.
Additional detailed information can be read at the Alaska Division of Insurance website. Alaska consumers can download brochures, find out industry alerts, and file complaints about an insurance agent or broker.