Lowest Car Insurance Exclusively for Chapel Hill North Carolina Residents

Finding the lowest cost Chapel Hill car insurance on the web may be rather challenging for consumers new to online price comaprisons. With a ridiculous number of online companies available, how can consumers have a chance to compare the different rates to find the best available rates?

Finding the best rates in Chapel Hill is not that difficult. If you are insured now or are shopping for new coverage, you will benefit by learning to cut your premiums and possibly find even better coverage. North Carolina vehicle owners only need an understanding of the proper way to shop their coverage around over the internet.

Informed Drivers can Cut Their Rates

Smart consumers have a good feel for some of the elements that go into determining your car insurance rates. When you know what positively or negatively impacts premium levels helps enable you to make changes that will entitle you to big savings.

  • Do you have a high stress job? – Did you know your occupation can influence how much you pay for car insurance? Careers like judges, business owners and financial analysts have higher average rates attributed to high stress and lengthy work days. Conversely, jobs such as scientists, engineers and performers get better rates.
  • Do you know your deductibles? – Deductibles for physical damage represent how much money you are required to spend out-of-pocket before your car insurance pays a claim. Physical damage coverage, also known as collision and other-than-collision, covers damage that occurs to your car. Some instances where coverage would apply are colliding with a building, vandalism, and rolling your vehicle. The more money you are required to pay out-of-pocket, the lower your rates will be.
  • More claims means more premium – Car insurance companies in North Carolina give better rates to drivers who are claim-free. If you file claims often, you can look forward to either higher rates or even cancellation. Auto insurance is intended to be relied upon for larger claims.
  • Mature drivers pay less – Teenage drivers in North Carolina tend to be less responsible when driving so car insurance rates are higher. Adding a young driver to your policy can be quite pricey. More mature drivers tend to be more responsible, file fewer claims and get fewer tickets.
  • Marriage brings a discount – Getting married can actually save you money on your policy. Marriage is viewed as being more mature than a single person it has been statistically shown that drivers who are married are more cautious.
  • What type of vehicle do you drive? – The performance level of the vehicle you are buying insurance for makes a big difference in your rates. Economy passenger models generally receive the lowest base rates, but the cost you end up paying is determined by many additional factors.
  • Pleasure use saves money – The more you drive in a year’s time the higher your rates will be. Most companies rate vehicles based upon how you use the vehicle. Cars and trucks that are left in the garage qualify for better rates compared to those used for work or business. Verify your car insurance policy shows the correct driver usage.
  • Better credit means lower rates – Having a bad credit score is a large factor in determining your rates. Therefore, if your credit history is lower than you’d like, you could potentially save money when insuring your by spending a little time repairing your credit. People with excellent credit tend to be more responsible than drivers who have poor credit.

Low Cost Chapel Hill Car Insurance

All the larger car insurance companies quote coverage price quotes online. The process is quite simple as you simply type in the amount of coverage you want as detailed in the form. When complete, their system requests reports for credit and driving violations and quotes a price based on many factors.

Quoting online makes comparing rates easy, but having to visit each company’s website and repetitively enter the same data into a form gets old quite quickly. But it’s very important to compare as many rates as possible in order to get better prices.

The better way to compare rates

A less time-consuming method to lower your rates uses one simple form that obtains quotes from several companies at one time. The form is fast, eliminates repetitive work, and makes quoting online a little more enjoyable. As soon as you send your information, your coverage is rated and you can choose any or none of the pricing results. If you find a better price you can simply submit the application and buy the policy. The whole process takes 15 minutes at the most and you will know how your current rates stack up.

To quickly find out if lower rates are available, click here to open in new window and fill out the form. To compare your current rates, we recommend you replicate the limits and deductibles exactly as shown on your declarations page. This guarantees you are getting comparison quotes using the exact same coverages.

Drivers who switch save $486 a year? Really?

Consumers in North Carolina constantly see and hear ads for cheaper car insurance by GEICO, State Farm and Progressive. They all seem to make an identical promise of big savings if you change to their company.

How can each company claim to save you money? This is how they do it.

All the different companies can use profiling for the type of driver that makes them money. An example of a profitable customer might be profiled as between the ages of 40 and 55, has no prior claims, and has a high credit rating. Any driver that hits that “sweet spot” is entitled to the best price and most likely will save when they switch companies.

Potential insureds who fall outside this ideal profile will be quoted a higher premium which usually ends up with business going elsewhere. The ads say “people who switch” not “people who quote” save that kind of money. That’s why companies can truthfully claim big savings. This emphasizes why it is so important to get a wide range of price quotes. Because you never know the company that will fit your personal profile best.

Be sure to get all your discounts

Companies offering auto insurance don’t always list every available discount in a way that’s easy to find, so we took the time to find some of the best known as well as the least known discounts you could be receiving. If you aren’t receiving every discount possible, you are paying more than you should be.compare rates in Chapel Hill North Carolina

  • Passive Restraints – Vehicles equipped with air bags or automatic seat belts can receive discounts up to 30%.
  • Memberships – Belonging to a professional or civic organization may earn a discount on car insurance.
  • Theft Prevention System – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Save with a New Car – Insuring a new car is cheaper due to better safety requirements for new cars.
  • Employee of Federal Government – Active or retired federal employment could cut as much as 10% off with a few car insurance companies.
  • Life Insurance Discount – Select insurance companies reward you with lower rates if you buy life insurance.
  • Safe Driver Discount – Drivers who avoid accidents can pay as much as 50% less than drivers with accidents.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts can save 10% or more off your PIP or medical payments premium.
  • Bundle and Save – If you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.

Consumers should know that most credits do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, car insurance companies aren’t that generous.

But buying car insurance online seems impersonal

Certain consumers would prefer to buy from a licensed agent and that is a personal choice. Good agents can answer important questions and help submit paperwork. One of the great benefits of getting online price quotes is you can get better rates and still have an agent to talk to.

After filling out this form (opens in new window), your information is transmitted to local insurance agents in Chapel Hill who will give you bids to get your business. There is no need to even leave your home due to the fact that quote results will go to the email address you provide. It doesn’t get any easier!

Choosing a company should depend on more than just a low price. Ask your prospective agent these questions:

  • Do they have adequate Errors and Ommissions coverage? This protects you if they make a mistake.
  • Does the agency have a good rating with the Better Business Bureau?
  • Are claims handled at the agent’s location?
  • How are claims handled?
  • Do they receive special compensation for putting your coverage with one company over another?
  • Are there any discounts that you might be missing?
  • Which members of your family are coverage by the policy?

Insurance agent types

When searching for a good insurance agency, you must know there are a couple different types of agents that you can select. Insurance agencies in Chapel Hill can either be captive or independent. While both can properly insure your vehicles, but it’s important to know how they are different since it may influence the type of agent you choose

Captive Agents

Captive insurance agents can only write with one company and examples are State Farm, Allstate and AAA. They generally cannot shop your coverage around so they are skilled at selling on more than just price. Captive agents are trained well in insurance sales which helps them sell insurance even at higher premiums. Consumers frequently buy from captive agents primarily because of high brand loyalty and solid financial strength.

Below are Chapel Hill captive insurance agencies that are able to give rate quotes.

  • Farm Bureau Insurance – 141 Providence Rd # 140 – Chapel Hill, NC 27514 – (919) 403-8987
  • Liberty Mutual Insurance – 300 Meadowmont Village Cir – Chapel Hill, NC 27517 – (919) 932-9552
  • State Farm Insurance – 6118 Farrington Rd # 1 – Chapel Hill, NC 27517 – (919) 489-4846
  • Allstate Insurance Co – 117 Timberhill Pl – Chapel Hill, NC 27514 – (919) 929-1000
Independent Agencies or Brokers

Independent agents do not work for one specific company so they can insure your vehicles with any number of different companies enabling the ability to shop coverage around. To move your coverage to a new company, the agent simply finds a different carrier without you having to go to a different agency.

When comparing rates, you should always get quotes from at least one independent agent to have the most options to choose from.Most can insure with lesser-known insurance companies who may have lower rates.

The following is a list of independent insurance agencies in Chapel Hill that can give you price quote information.

  • Ted B Seagroves Agency – 1506 E Franklin St # 100 – Chapel Hill, NC 27514 – (919) 942-8733
  • University Insurance – 147 E Franklin St – Chapel Hill, NC 27514 – (919) 933-9050
  • Nationwide Insurance – 1129 Weaver Dairy Rd – Chapel Hill, NC 27514 – (919) 929-5012
  • W Don Cox Agency – 73 S Elliott Rd – Chapel Hill, NC 27514 – (919) 942-3366
  • Mark Vitali Agency – 201 S Estes Dr – Chapel Hill, NC 27514 – (919) 942-6863

For a full directory of insurance agents in Chapel Hill, click here to link.

Upon receiving reasonable responses to any questions you have as well as a affordable price, chances are good that you have found an insurance agency that can insure your vehicles.

Which policy gives me the best coverage?

When it comes to choosing the best car insurance coverage, there really is not a best way to insure your cars. Everyone’s situation is a little different.

price insurance in Chapel Hill

Here are some questions about coverages that can aid in determining if you could use an agent’s help.

  • What if I don’t agree with a claim settlement offer?
  • Is my vehicle covered for smoke damage?
  • Is my babysitter covered when using my vehicle?
  • Are all vehicle passengers covered by medical payments coverage?
  • Do I really need UM/UIM coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Does my policy cover me when driving someone else’s vehicle?
  • I don’t drive much so do I pay less?
  • How many claims can I have before being cancelled?
  • Can I afford to buy a different vehicle if my vehicle is totaled?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can help protect your family.

More tips and info about car insurance is located at the North Carolina Department of Insurance website. North Carolina drivers can read consumer alerts, find out which companies have the most complaints, and read enforcement actions against agents and companies.

Online plus local equals savings

The cheapest car insurance is available on the web in addition to many Chapel Hill insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who do not provide online price quotes and most of the time these smaller companies sell through independent agents.

People change insurance companies for many reasons like not issuing a premium refund, high prices, denial of a claim or even policy cancellation. Regardless of your reason, choosing a new insurance company can be easy and end up saving you some money.

In this article, we covered many ideas to reduce car insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may even find the lowest priced car insurance comes from a small mutual company.