New Strategies for Saving Money on on Barrow Car Insurance

I can’t think of anyone who likes having to buy car insurance, particularly when they are paying too much.

Having so many options when it comes to car insurance, it can be impossible to pick the cheapest insurer.

It’s important to get comparison quotes on a regular basis because insurance rates go up and down regularly. Just because you found the lowest rates a couple years back there is a good chance you can find better rates now. Starting right now, ignore everything you know about car insurance because you’re about to learn the fastest way to save money, get proper coverage and the best rates.

Shopping for more affordable protection in Barrow is not that difficult. In a nutshell, every vehicle owner who is shopping for car insurance should be able to cut their insurance bill. But Alaska consumers do need to learn the way insurance companies sell online and use this information to your advantage.

Discounts can save BIG

Insurance can cost an arm and a leg, but discounts can save money and there are some available to help bring down the price. Some discounts apply automatically when you purchase, but a few need to be asked about before they will apply.

  • Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and will save you 10% or more.
  • Distant Student – Children who live away from home and don’t have a car can receive lower rates.
  • Early Signing – Select companies give a discount for switching policies before your current expiration date. This can save 10% or more.
  • Drivers Ed for Students – Have your child enroll in driver’s education in high school.
  • Homeowners Pay Less – Simply owning a home can help you save on car insurance because of the fact that having a home shows financial diligence.
  • Federal Employees – Being employed by or retired from a federal job could cut as much as 10% off with certain companies.

Drivers should understand that some of the credits will not apply to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, you won’t be that lucky. But any discount will bring down the cost of coverage.

For a list of insurance companies with discount car insurance rates in Alaska, click here to view.

Free Barrow Car Insurance Quotes

Effectively comparing car insurance prices can be exhausting if you don’t know the easiest way. You could waste a few hours talking about coverages with insurance agencies in Barrow, or you could use online quotes to get pricing more quickly.

Most of the larger companies enroll in a system where prospective buyers enter their coverage request one time, and each participating company then returns a price quote for coverage. This system prevents you from having to do quotation requests for every car insurance company.Barrow AK car insurance quote

To compare rates using this form now click here (opens in new window).

The only downside to using this type of system is you don’t know exactly which carriers to get quotes from. So if you prefer to pick individual companies to receive pricing from, we have a page of car insurance companies in Alaska. Click to view list.

It doesn’t matter which method you choose, just make sure you use apples-to-apples deductibles and coverage limits on every quote you get. If you are comparing differing limits it’s impossible to decipher which rate is best in Barrow. Slightly different coverages may result in large price differences. Just remember that more quotes gives you a better chance of getting better pricing.

Make smart decisions and save

An important part of buying insurance is that you know the factors that come into play when calculating your car insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that could result in lower car insurance prices.

  • Marriage pays dividends – Being married helps lower the price on your policy. Having a significant other translates into being more mature it has been statistically shown that married drivers get in fewer accidents.
  • Safer occupants lowers premiums – Vehicles with good safety scores are cheaper to insure. Safer cars have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies passed on to you as lower rates.
  • Performance makes a difference – The performance level of the vehicle you drive makes a big difference in determining your rates. Economy passenger models receive the most favorable rates, but other factors influence the final cost greatly.
  • More claims means more premium – If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Auto insurance companies in Alaska give better rates to people who file claims infrequently. Car insurance is meant to be used in the event of major claims that would cause financial hardship.

But I prefer to buy car insurance from an agent

Some consumers just want to buy from a licensed agent and that is a personal choice. The best thing about comparing insurance prices online is you can get better rates but still work with a licensed agent. Buying from local insurance agencies is definitely important in Barrow.

After filling out this short form, your insurance data is immediately sent to participating agents in Barrow who will return price quotes for your business. There is no need to visit any agencies since price quotes are sent straight to your inbox. How cool is that?! You can find better rates without the usual hassles of price shopping.

If you wish to select a specific agent in Barrow, visit this link.

Picking a company should depend on more than just a low price. Some important questions to ask are:

  • If your car is in the repair shop, do you have coverage for a rental car?
  • Is vehicle mileage a factor when determining depreciation for repairs?
  • Are you getting all the discounts the company offers?
  • Is the agency involved in supporting local community causes?
  • What are the financial ratings for the companies they represent?
  • Do they carry Errors and Omissions coverage?
  • How long has their agency been in business in Barrow?
  • How much can you save by raising your physical damage deductibles?

Once you have received reasonable responses to your questions and a good coverage price, you’ve probably found an provider that can properly service your car insurance policy.

Barrow AK car insurance quote

Smart shoppers get results

We covered a lot of techniques to compare car insurance prices online. The key thing to remember is the more price quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with the smaller companies. These companies can often insure niche markets at a lower cost than their larger competitors like State Farm and Allstate.

Affordable car insurance can be found online and also from your neighborhood Barrow agents, and you should be comparing both in order to have the best chance of saving money. Some insurance providers may not provide online quoting and usually these small insurance companies provide coverage only through local independent agents.

For more reading

More information can be read on the website for the Alaska Division of Insurance located here. Alaska consumers can learn about specific coverages, read industry bulletins, file complaints about an insurance agent or broker, and view agent and company licensing information.

Other useful links include this Car Insurance FAQ and this page for help finding agents in Barrow, AK.