Chapel Hill North Carolina Car Insurance Savings the Insurance Agents Don’t Want You to Know About

Are you overwhelmed by the wide range of car insurance options in Chapel Hill? Many other drivers are as well. Consumers have so many choices that it can easily become a ton of work to find lower rates.

This article will tell you how to effectively get price quotes. If you currently have car insurance, you will be able to save some money using these tips. North Carolina consumers just need to understand the best way to compare prices online.

Comprehensive Chapel Hill Car Insurance Comparison

All major car insurance companies provide price estimates online. Obtaining pricing doesn’t take much effort as you just enter the coverages you want into a form. Behind the scenes, their rating system makes automated requests for credit information and your driving record and provides a quote based on these factors.

Being able to quote online simplifies rate comparisons, but the time it takes to visit a lot of sites and fill out multiple forms can be a bit tiresome and repetitive. But it’s very important to have as many quotes as possible if you want to find the best price possible.

The quickest way to lower your car insurance bill requires only one form that gets prices from multiple companies. This type of form saves time, requires much less work on your part, and makes comparison shopping much more enjoyable and efficient. As soon as the form is sent, it is quoted and you can select any one of the quotes that you receive.

If the quotes result in lower rates, you simply finish the application and purchase coverage. It takes less than 15 minutes and can result in significant savings.

In order to fill out one form to compare multiple rates now, simply click here to open in new window and fill out the form. To compare your current rates, we recommend you enter as shown on your current policy. This helps ensure you will have a fair comparison for exact coverage.

Why some people pay less for insurance in Chapel Hill

Consumers need to have an understanding of the factors that go into determining your car insurance rates. When you know what positively or negatively determines base rates empowers consumers to make smart changes that will entitle you to big savings.Car insurance in North Carolina

Listed below are a few of the “ingredients” used by your company to calculate prices.

  • Better crash test results mean better rates – Cars with high safety ratings can get you lower premiums. The safest vehicles result in less severe injuries and fewer injuries translates into fewer and smaller insurance claims and lower rates for you.
  • Rates may be higher depending on your occupation – Occupations such as real estate brokers, social workers and dentists tend to have the highest average rates due to high stress levels and lengthy work days. Other occupations like actors, historians and retirees receive lower rates.
  • Do you know your deductibles? – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. A few examples of covered claims are colliding with a building, damage caused by hail, and windstorm damage. The deductibles are the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The more you have to pay, the bigger discount you will receive.
  • What type of vehicle do you drive? – The type of vehicle you drive makes a huge difference in the rate you pay. Low performance passenger cars generally receive the lowest base rates, but other factors influence the final cost greatly.
  • Please use or commuting – The higher the mileage driven in a year the higher your rates will be. Most companies rate vehicles based upon how you use the vehicle. Cars and trucks used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. Double check that your car insurance declarations sheet shows the correct usage for each vehicle, because improper ratings can cost you money.

Do you qualify for discounts?

Car insurance can cost a lot, but discounts can save money and there are some available to help offset the cost. A few discounts will automatically apply at the time of quoting, but some may not be applied and must be asked about before you get the savings. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Anti-theft Discount – Vehicles with anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Good Student Discount – Getting good grades can save 20 to 25%. This discount can apply until age 25.
  • Accident Forgiveness – Certain companies permit an accident before raising your premiums so long as you haven’t had any claims prior to the accident.
  • Multi-policy Discount – When you have multiple policies with one insurance company you may earn up to 20% off your total premium.
  • Passive Restraints – Vehicles equipped with air bags or automatic seat belts can receive discounts up to 30%.
  • Multi-car Discount – Buying coverage for more than one vehicle with the same company could earn a price break for each car.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • Own a Home – Simply owning a home can save you money because maintaining a house requires personal responsibility.
  • Safety Course Discount – Completing a defensive driving course can save you 5% or more depending on where you live.

It’s important to understand that most credits do not apply to the overall cost of the policy. Most only apply to specific coverage prices like liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, companies don’t profit that way. Any qualifying discounts will reduce the cost of coverage.

For a list of companies with the best car insurance discounts in Chapel Hill, follow this link.

Buying car insurance locally

A small number of people would rather visit with an insurance agent. Insurance agents are trained to spot inefficiencies and give you peace of mind. The biggest benefit of comparing insurance prices online is you can get lower rates but still work with a licensed agent. And supporting local businesses is important especially in Chapel Hill.

After filling out this form (opens in new window), your information is instantly submitted to insurance agents in Chapel Hill who will return price quotes for your coverage. You won’t need to visit any agencies since price quotes are sent immediately to your email address. How cool is that?!

If you want to contact a specific insurance agent in Chapel Hill, please click here.

Selecting an provider needs to be determined by more than just the bottom line cost. Some important questions to ask are:

  • Do they carry Errors and Omissions coverage?
  • Do they receive special compensation for putting your coverage with one company over another?
  • Is working in the agency their full-time job?
  • Which members of your family are coverage by the policy?
  • How much can you save by raising your physical damage deductibles?

Once you have received good answers to your questions and an affordable coverage quote, you’ve probably found an provider that will adequately provide car insurance.

Chapel Hill insurance quotes

Final thoughts

We just presented a lot of tips how to compare car insurance prices online. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the lowest rates come from some of the lesser-known companies.

Discount car insurance is definitely available on the web and with local Chapel Hill insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers do not offer online price quotes and these smaller companies work with independent agents.

When buying insurance coverage, it’s not a good idea to skimp on coverage in order to save money. In many cases, drivers have reduced liability limits or collision coverage only to find out they didn’t have enough coverage. The proper strategy is to get the best coverage possible at a price you can afford while still protecting your assets.

Much more information about car insurance in North Carolina can be read on the North Carolina Department of Insurance website found here. North Carolina drivers can read industry bulletins, view a list of available companies, and read enforcement actions against agents and companies.