Have you had enough of not being able to afford to pay your car insurance bill each month? You’re in the same situation as many other Tennessee drivers.
Insurance companies such as GEICO, 21st Century and Progressive persitently shower you with advertising and it is challenging if not impossible to ignore the flashy ads and effectively compare rates to find the best deal.
You should take the time to price shop coverage every six months since rates tend to go up over time. Despite the fact that you may have had the lowest rates on your last policy you may be paying too much now. You’ll find quite a bit of inaccurate information about auto insurance on the internet, so we’re going to give you a bunch of ideas how to save money.
When shopping for auto insurance there are multiple ways of comparing rate quotes from auto insurance companies in your area. The best way to find the lowest rates is to perform an online rate comparison. This can be done in a couple of different ways.
It doesn’t matter which method you choose, just ensure you’re using apples-to-apples quote information for every company. If your comparisons have higher or lower deductibles it’s not possible to decipher which rate is best in Knoxville. Quoting even small variations in limits can mean a large discrepancy in price. It’s important to know that more quotes helps locate the best offered rates.
Insuring your fleet can be pricey, buy you may qualify for discounts to help offset the cost. Certain discounts will be applied at the time of quoting, but a few need to be specifically requested prior to receiving the credit.
Keep in mind that many deductions do not apply to the entire policy premium. Most only apply to specific coverage prices like physical damage coverage or medical payments. So when it seems like you could get a free auto insurance policy, you’re out of luck. Any qualifying discounts will bring down the cost of coverage.
When choosing adequate coverage for your vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions could help you determine if you would benefit from professional advice.
If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.
Additional auto insurance information is available on the website for the Tennessee Department of Commerce and Insurance found here. Tennessee drivers can view a list of available companies, get help finding coverage, file complaints about an insurance agent or broker, and download brochures.
As you go through the steps to switch your coverage, make sure you don’t reduce coverage to reduce premium. There are many occasions where drivers have reduced collision coverage and learned later that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at an affordable rate.
We just covered a lot of techniques to shop for auto insurance online. The key thing to remember is the more times you quote, the better your chances of lowering your rates. You may even find the lowest premiums are with a smaller regional carrier. Regional companies can often insure niche markets at a lower cost than their larger competitors like State Farm and Allstate.