Are you a victim of overpriced car insurance? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out.
Drivers have multiple insurance companies to insure vehicles with, and although it’s nice to be able to choose, it can be more challenging to compare rates.
Smart consumers take time to compare prices once or twice a year because rates change regularly. If you had the best price a few years ago you can probably find a better price now. Forget anything you know (or think you know) about car insurance because you’re about to find out how to use the internet to save money, get proper deductibles and limits, all at the lowest rate.
It’s important that you understand the factors that help determine the price you pay for car insurance. Understanding what influences your rates empowers consumers to make smart changes that can help you get better car insurance rates.
Car insurance is not cheap, but you can get discounts to help bring down the price. Some discounts apply automatically at the time of quoting, but a few need to be inquired about in order for you to get them.
As a disclaimer on discounts, most discount credits are not given to all coverage premiums. The majority will only reduce individual premiums such as liability and collision coverage. So when it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. But any discount will reduce the cost of coverage.
Some consumers would prefer to talk to a local agent and that is just fine! One of the best bonuses of comparing insurance prices online is you may find better rates but also keep your business local. Supporting local insurance agencies is important particularly in Haverhill.
To help locate an agent, after submitting this quick form, your insurance coverage information is emailed to companies in Haverhill who will return price quotes for your coverage. You never need to even leave your home since price quotes are sent to your email. Now that’s easy! It’s the lowest rates and an insurance agent to talk to.
When searching for a good Haverhill insurance agent, you need to know there are two types of agencies that differ in how they can insure your vehicles. Insurance agencies in Haverhill are either captive or independent.
These agents are not required to write business for one company so they can insure your vehicles amongst many companies and possibly get better coverage at lower prices. To move your coverage to a new company, the business is moved internally without you having to go to a different agency. When comparing rates, it’s recommended you contact multiple independent agents for the best price selection.
Below is a short list of independent agencies in Haverhill that may be able to provide rate quotes.
William C Sullivan Insurance – 487 Groveland St – Haverhill, MA 01830 – (978) 372-2790
Cowan Insurance – 359 Main St – Haverhill, MA 01830 – (978) 372-1451
Captive agencies have only one company to place business with like State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to shop your coverage around so it’s a take it or leave it situation. They receive extensive training on the products they sell which can be an advantage.
Deciding on an insurance agency shouldn’t rely on just the premium amount. These questions are important to ask:
Once you have acceptable answers for all questions you ask and a low price estimate, it’s possible that you found an auto insurance agent that meets your needs to provide car insurance coverage.
Car insurance providers like Allstate and Progressive continually stream television and radio advertisements. They all make an identical promise of big savings after switching to them. How can each company claim to save you money?
All the different companies have a certain “appetite” for the type of customer they prefer to insure. A good example of a driver they prefer might be over the age of 50, owns a home, and has great credit. A customer that hits that “sweet spot” is entitled to the best price and therefore will save a lot of money.
Potential customers who are not a match for the “perfect” profile will be charged higher premiums and this can result in the driver buying from a lower-cost company. Company advertisements say “customers who switch” not “people who quote” save that much money. This is how insurance companies can advertise the way they do.
That is why you should get as many comparisons as possible. You cannot predict which car insurance company will have the lowest rates.
Much more information about car insurance in Massachusetts can be found on the website for the Massachusetts Division of Insurance through this link. Consumers can find out industry alerts, get help finding coverage, read industry bulletins, and file complaints about an insurance agent or broker.
Cheap car insurance is possible from both online companies and with local Haverhill insurance agents, and you need to comparison shop both so you have a total pricing picture. A few companies do not offer online quoting and these regional insurance providers work with independent agents.
When trying to cut insurance costs, don’t be tempted to buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced comprehensive coverage or liability limits only to find out that it was a big mistake. The proper strategy is to buy enough coverage for the lowest price.
We just presented a lot of information how to reduce car insurance prices online. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding lower rates. You may even find the best price on car insurance is with a company that doesn’t do a lot of advertising. Some small companies often have lower prices on specific markets than their larger competitors like Progressive and GEICO.