Lower High Point, NC Auto Insurance Rates in Five Minutes

Cutting costs on High Point auto insurance can seem to be nearly impossible for beginners to comparison shopping online. There are so many options that it can turn into a ton of work to locate the lowest price in High Point.

It is always a good idea to compare rates periodically because prices are usually higher with each renewal. Even if you got the lowest rates on your last policy a different company probably has better rates today. Don’t believe everything you read about auto insurance on the web, but I’m going to show you some good information on how to reduce your auto insurance bill.

Quick High Point Auto Insurance Quotes

The are a couple different ways of comparing rates from local in High Point, NCauto insurance companies. The easiest way to compare insurance prices is to get quotes online. This can be done in just a few minutes using one of these methods.

  • The first (and easiest) way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This type of form saves time by eliminating separate quotation requests to each individual auto insurance company. Just one form will return price quotes from multiple companies. This is perfect if you don’t have a lot of time.
  • A slightly less efficient method to shop for auto insurance online consists of visiting each individual company website to request a price quote. For example, let’s say you want to compare Nationwide, 21st Century and GMAC. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is quicker.

    For a list of links to insurance companies in High Point, click here.

It’s up to you which method you use, but double check that you are using apples-to-apples coverage information for every quote you compare. If you are comparing different limits and deductibles on each one it will be impossible to truly determine the lowest rate in High Point. Slightly different limits can make a big difference in price. Just keep in mind that getting more free quotes helps you find a lower rate.

Do you really save 40% when you switch?

Companies like Progressive, GEICO, Allstate and State Farm continually stream ads on TV and radio. All the ads say the same thing about savings after switching your coverage to them. How does each company make almost identical claims? It’s all in the numbers.

All the different companies are able to cherry pick for the driver they prefer to insure. A good example of a driver they prefer could be over the age of 50, has no tickets, and chooses high deductibles. A customer who matches those parameters will get very good rates and therefore will save when switching.High Point North Carolina insurance comparisons

Drivers who fall outside this ideal profile will be quoted a more expensive rate which leads to business not being written. The ads say “customers who switch” but not “drivers who get quotes” save that much money. That’s the way companies can advertise the way they do. This emphasizes why drivers must quote coverage with many companies. It’s just too difficult to predict which auto insurance company will have the lowest rates.

Good Decisions Result in Lower Rates

It’s important that you understand the rating factors that go into determining auto insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that will entitle you to lower auto insurance prices.

  • What are your deductibles? – Your deductibles define the amount you are willing to pay before your auto insurance pays a claim. Insurance for physical damage to your car, also known as collision and other-than-collision, covers damage that occurs to your car. Some examples of claims that would be covered are running into the backend of another car, collision with an animal, and rolling your vehicle. The more expense the insured has to pay upfront, the lower your rates will be.
  • Claim-free discounts can add up – If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Companies in North Carolina award cheaper rates to drivers who do not rely on their insurance for small claims. Car insurance is meant to be used in the event of the large, substantial claims.
  • Poor credit can mean higher rates – Your credit history is a important factor in calculating your auto insurance rates. Therefore, if your credit score is not that good, you could potentially save money when insuring your by improving your credit score. People with high credit scores tend to be more responsible as compared to drivers with lower credit scores.
  • Older drivers pay less – Teen drivers in North Carolina are known to be less responsible in a vehicle so they pay higher auto insurance rates. Mature drivers tend to be more responsible, statistically cause fewer accidents and receive fewer citations.
  • Add-on coverages can add up – There are a ton of additional coverages that you can buy on your auto insurance policy. Things like vanishing deductibles, towing coverage and motor club memberships are some examples. They may seem like a good idea initially, but if you don’t need them remove them from your policy.
  • Safe vehicles cost less to insure – Vehicles with good safety scores tend to have better insurance rates. The safest vehicles protect occupants better and better occupant protection translates into savings for insurance companies and more competitive rates for policyholders.

Cut your auto insurance rates with discounts

Companies that sell car insurance do not list all their discounts very clearly, so we break down some of the more common and also the lesser-known discounts you could be receiving.

  • Senior Citizens – Older drivers may receive better auto insurance rates.
  • Distant Student – Kids in college who live away from home and don’t have a car can be insured at a reduced rate.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in high school.
  • Early Switch Discount – Select companies give a discount for signing up before your current policy expires. It’s a savings of about 10%.
  • Auto/Home Discount – If you have multiple policies with the same company you will save up to 20% off your total premium.
  • E-sign – A few companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Defensive Driver – Completing a driver safety course can save you 5% or more depending on where you live.
  • Good Student Discount – This discount can save 20 to 25%. Earning this discount can benefit you up to age 25.

It’s important to note that most discounts do not apply the the whole policy. The majority will only reduce specific coverage prices like comprehensive or collision. Even though it may seem like all those discounts means the company will pay you, it doesn’t quite work that way.

To see a list of insurers with discount auto insurance rates in High Point, click here.

Final considerations

As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. There have been many situations where someone dropped uninsured motorist or liability limits and learned later they didn’t purchase enough coverage. The proper strategy is to find the BEST coverage for the lowest price while not skimping on critical coverages.

Budget-conscious auto insurance is attainable from both online companies in addition to many High Point insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance providers do not provide the ability to get a quote online and most of the time these smaller companies sell through independent agents.

High Point NC car insurance quote

You just learned a lot of techniques to lower your auto insurance rates. The most important thing to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may even discover the best price on auto insurance is with an unexpected company.

Additional reading for auto insurance information

Additional detailed information can be found at the North Carolina Department of Insurance website. North Carolina consumers can find disaster information, view agent and company licensing information, find out industry alerts, and discover disciplinary actions.

Other informative sites include this online resource for free quotes in North Carolina and CarInsuranceDIY.com.