Professional Advice on Saving Money on Fall River, MA Auto Insurance

I can’t think of a single person who looks forward to paying for auto insurance, especially when their premiums are through the roof.

With consumers having so many companies to choose from, it is very difficult to find the lowest cost company.

This article will instruct you on how to get online quotes. If you currently have a car insurance policy, you will be able to save some money using this information. But Massachusetts consumers must understand how insurance companies market insurance on the web and use this information to your advantage.

These discounts can slash auto insurance rates

The cost of insuring your cars can be expensive, buy you may qualify for discounts that many people don’t even know exist. Some trigger automatically when you get a quote, but a few need to be manually applied in order for you to get them.

  • Early Switch Discount – A few companies offer discounts for signing up before your current policy expires. It’s a savings of about 10%.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
  • No Claims – Claim-free drivers pay less when compared with frequent claim filers.
  • Multiple Cars – Buying coverage for all your vehicles on one policy may reduce the rate for each vehicle.
  • Save over 55 – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.
  • Service Members Pay Less – Being on active duty in the military could mean lower rates.
  • Driver Safety – Successfully completing a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.
  • Drive Less and Save – Fewer annual miles can earn a substantially lower rate.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% with a few auto insurance companies.
  • New Car Discount – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.

Consumers should know that some credits don’t apply to your bottom line cost. Some only apply to individual premiums such as comprehensive or collision. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky. Any amount of discount will help reduce your premiums.

For a list of insurers with the best auto insurance discounts in Massachusetts, click here.

Low Cost Fall River Auto Insurance

Most major insurance companies quote price estimates on the web. The process doesn’t take a lot of time as you just type in your coverage information into the quote form. Once entered, the system obtains information on your driving record and credit history and gives you a price quote. Being able to quote online makes comparing rates easy, but having to visit multiple sites and complete many quote forms can be a bit tiresome and repetitive. But it’s absolutely necessary to have as many quotes as possible if you are searching for the lowest price.

An easier way to lower your auto insurance bill requires only one form that gets prices from many companies. This type of form saves time, reduces the work, and makes online price comparison much simpler. Once the form is submitted, it gets priced with multiple companies and you can pick your choice of the returned quotes.

If you find a better price you can click and sign and purchase coverage. This process can be completed in a matter of minutes and can result in significant savings.

If you want to compare rates now, click here to open in a new tab and input your coverage information. To compare your current rates, we recommend you input the coverages just like they are on your policy. This way, you will be getting a price comparison based on similar money image

Why you might pay higher rates in Fall River

Consumers need to have an understanding of the different types of things that help determine auto insurance rates. Understanding what controls the rates you pay enables informed choices that may reward you with big savings.

The following are some of the factors auto insurance companies consider when setting rates.

  • Liability insurance protects assets – The liability section of your policy provides coverage if ever a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Better credit scores mean better rates – Having a bad credit history is a big factor in your rate calculation. If your credit rating is not that good, you could potentially save money when insuring your by repairing your credit. Consumers who have good credit tend to be less risk to insure than drivers who have lower credit scores.
  • Tickets mean higher rates – Drivers with clean records receive lower rates than their less careful counterparts. Even a single moving violation may increase your cost by as much as thirty percent. Drivers who get dangerous violations like hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form with their state motor vehicle department in order to prevent a license revocation.
  • Never let your coverage lapse – Driving without insurance is illegal and as a result your rates will increase for letting your insurance lapse. Not only will you pay more, but being ticketed for driving with no insurance may earn you a license revocation or jail time.You may then be required to prove you have insurance by filing a SR-22 with the Massachusetts DMV.
  • Rates may be lower depending on your job – Jobs such as judges, executives and financial analysts have higher average rates in part from job stress and long work days. Conversely, jobs such as actors, engineers and the unemployed get better rates.

Neighborhood insurance agents

Certain consumers would prefer to visit with an insurance agent and there is nothing wrong with that. One of the great benefits of getting online price quotes is you may find the best rates but also keep your business local. Supporting local insurance agencies is important especially in Fall River.

To help locate an agent, after submitting this quick form, your insurance data is transmitted to agents in your area who will give you bids to get your business. You never need to leave your computer due to the fact that quote results will go immediately to your email address. How cool is that?! It’s the lowest rates without the usual hassles of price shopping.

Listed below are agents in Fall River that may be able to provide comparison quotes.

D’Ambrosio Insurance – 1099 Bedford St, Fall River, MA 02723 – (508) 676-9397
Medeiros Insurance – 260 Eastern Ave, Fall River, MA 02723 – (508) 672-8899
Insurit Agency Inc – 246 Durfee St, Fall River, MA 02720 – (508) 672-0551

Deciding on an provider should depend on more than just the bottom line cost. Here are some questions to ask:

  • Do they specialize in personal lines coverage?
  • Do they carry Errors and Omissions coverage?
  • Does the company allow you to choose your own collision repair facility?
  • How long have they worked with personal auto insurance coverage?
  • Does the agency have a good rating with the Better Business Bureau?
  • Do clients work directly with the agent or are most inquiries handled by a CSR?
  • Which insurance companies are they affiliated with?
  • Is vehicle damage repaired with OEM or aftermarket parts?

Upon receiving satisfactory answers to all your questions and a low price estimate, most likely you have located an insurance company that will properly insure your vehicles.

Beware of misleading auto insurance ads

Auto insurance providers like Progressive, Allstate and GEICO continually stream ads on television and other media. They all make the same claim of big savings after switching to them. How do they all make the same claim?

Insurance companies have a certain “appetite” for the driver that is profitable for them. For example, a profitable customer could possibly be over the age of 40, has no tickets, and has a high credit rating. A customer getting a price quote who matches those parameters will get the preferred rates and most likely will save when switching.

Drivers who don’t meet the “perfect” profile will have to pay higher premiums and ends up with business not being written. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much. That’s the way companies can make those claims.

save money image

Because of the profiling, you need to compare many company’s rates. It’s not possible to predict which insurance companies will provide you with the cheapest rates.

More quotes mean more savings

We just showed you quite a bit of information on how to lower your auto insurance rates. The key thing to remember is the more you quote, the better chance you’ll have of finding lower rates. You may even discover the best price on auto insurance is with the least-expected company. They may only write in your state and offer lower rates than their larger competitors like Allstate and Progressive.

Affordable auto insurance can be bought both online and also from your neighborhood Fall River agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance providers may not provide online quoting and most of the time these small insurance companies sell through independent agents.

When buying insurance coverage, do not reduce coverage to reduce premium. There are a lot of situations where an accident victim reduced liability coverage limits and learned later that the few dollars in savings costed them thousands. Your focus should be to purchase plenty of coverage for the lowest price.

Informative consumer insurance sites

Much more information about auto insurance in Massachusetts can be read on the website for the Massachusetts Division of Insurance found here. Visitors are able to find out which companies have the most complaints, find a variety of consumer forms, learn about insurance regulations, and report car insurance fraud.

Additional helpful sites include Wikipedia and this list of insurance agents in Fall River, MA.