Overpriced auto insurance can drain your bank account and force you to prioritize other expenses. Shopping your coverage around is free and is an excellent way to tighten up your finances.
Because there are so many companies to choose from, it’s difficult to pick the cheapest provider.
You need to shop coverage around periodically since insurance rates change regularly. If you had the best deal on your last policy you can probably find a better price now. So forget all the misinformation about auto insurance because it’s time to teach you the fastest way to save money, get proper coverage and the best rates.
It’s important that you understand the rating factors that help determine auto insurance rates. Knowing what impacts premium levels empowers consumers to make smart changes that could result in big savings.
The following are a partial list of the pieces used by your company to calculate premiums.
Car insurance can cost a lot, but discounts can save money and there are some available to help bring down the price. Some trigger automatically when you purchase, but lesser-known reductions have to be inquired about before you get the savings.
A little note about advertised discounts, some credits don’t apply to all coverage premiums. A few only apply to the price of certain insurance coverages like liability and collision coverage. Just because you may think you would end up receiving a 100% discount, companies wouldn’t make money that way. But any discount will help reduce the amount you have to pay.
For a list of companies who offer auto insurance discounts in North Carolina, click here.
Some people would rather buy from a local agent and that is a personal choice. The biggest benefit of comparing rates online is that you can obtain the lowest rates and still choose a local agent. And supporting small agencies is especially important in Cary.
To help locate an agent, after submitting this short form, the coverage information is transmitted to participating agents in Cary who will return price quotes for your insurance coverage. You don’t have to leave your computer since price quotes are sent immediately to your email address. How cool is that?! You can find the lowest rates and a licensed agent to work with.
Shown below is a list of insurance companies in Cary who can help you get comparison quotes.
Carter Glass Insurance – 1969 High House Rd, Cary, NC 27519 – (919) 462-6299
State Farm Insurance – 1513 Walnut St # 101, Cary, NC 27518 – (919) 469-2479
Nationwide Insurance – 315 S Academy St, Cary, NC 27511 – (919) 469-0375
Hargis Agency – 247 Grande Heights Dr, Cary, NC 27513 – (919) 481-3071
U U Net For Allstate Insurance – 218 Towne Village Dr, Cary, NC 27513 – (919) 469-6587
Deciding on an insurer requires more thought than just the price. Any agent should have no problem answering these questions:
Once you have positive responses to these questions in addition to an acceptable price estimate, most likely you have located an insurance company that will provide auto insurance coverage.
Companies like 21st Century, Allstate and State Farm constantly bombard you with ads on television and other media. All the ads make the same claim that you can save if you switch your coverage to them. How does each company say the same thing?
All companies can use profiling for the type of customer that earns them a profit. For instance, a preferred risk could possibly be over the age of 40, is a homeowner, and drives less than 7,500 miles a year. A customer who matches those parameters will get very good rates and as a result will probably save a lot of money.
Potential insureds who don’t meet these standards must pay a higher premium which leads to business not being written. Company advertisements say “customers that switch” not “everyone that quotes” save that much money. That’s why companies can truthfully claim big savings.
This illustrates why it’s extremely important to quote coverage with many companies. It’s impossible to know which auto insurance company will give you the biggest savings.
Much more information about auto insurance in North Carolina is located on the website for the North Carolina Department of Insurance through this link. North Carolina drivers can find a variety of consumer forms, learn about specific coverages, get help finding coverage, and find disaster information.
The cheapest auto insurance is available from both online companies in addition to many Cary insurance agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who do not provide online quoting and these regional insurance providers work with independent agents.
While you’re price shopping online, never skimp on coverage in order to save money. In many cases, consumers will sacrifice collision coverage only to regret that the savings was not a smart move. Your goal should be to buy a smart amount of coverage for the lowest price while still protecting your assets.