Are you overwhelmed by the wide range of auto insurance companies in Cuyahoga Falls? Many other drivers are as well. Drivers have so many choices that it can turn into a challenge to find lower rates.
You should make it a habit to price shop coverage every six months since insurance rates are usually higher with each renewal. Despite the fact that you may have had the best rates two years ago there may be better deals available now. So ignore everything you know about auto insurance because you’re going to learn the fastest way to properly buy coverages and cut your premium.
Verify you’re getting all your discounts
Car insurance companies don’t always list every discount in an easy-to-find place, so we researched both the well known and the harder-to-find savings tricks you should be using. If they aren’t giving you every credit you deserve, you are paying more than you should be.
- Homeowners Savings – Owning a home in Cuyahoga Falls may trigger a auto insurance policy discount because of the fact that having a home is proof that your finances are in order.
- Save over 55 – Older drivers may receive a discount up to 10%.
- Low Mileage – Keeping the miles down can earn discounted rates on garaged vehicles.
- Paperwork-free – A few companies will give a small break simply for signing digitally online.
- No Accidents – Drivers with accident-free driving histories can earn big discounts when compared with accident-prone drivers.
- Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most only cut the cost of specific coverages such as collision or personal injury protection. Just because you may think you could get a free auto insurance policy, you’re out of luck.
To see a list of companies with the best auto insurance discounts in Cuyahoga Falls, click this link.
Decisions you make can impact your rates
An important part of buying insurance is that you know the rating factors that go into determining the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that will entitle you to better auto insurance rates.
Listed below are a partial list of the pieces auto insurance companies consider when setting prices.
- Drive less and save money – The higher the mileage driven each year the higher your rates will be. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Autos left parked in the garage get more affordable rates compared to those used for work or business. Make sure your auto insurance declarations sheet properly reflects the correct usage for each vehicle.
- Don’t get talked into coverage you don’t need – There are a ton of add-on coverages that can waste your money on your policy. Coverages like roadside assistance, accident forgiveness and motor club memberships are examples of these. They may seem like a good idea when you first buy your policy, but if you don’t need them get rid of them and save.
- Liability coverage is cheap – Liability coverage provides coverage if you are found to be at fault for damages from an accident. It will provide legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
- How many coverages with the same company – Most insurers will give a discount to policyholders who buy several policies from them, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s in your best interest to shop around to confirm you are receiving the best rates possible.
- Lower rates come with age – Young drivers in Ohio have a tendency 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 tend to be better behind the wheel.
- Your stress level may be raising your rates – Did you know your auto insurance rates can be affected by your occupation? Jobs such as lawyers, executives and financial analysts have higher average rates because of job stress and long work days. Conversely, occupations like pilots, engineers and homemakers get better rates.
- Car features impact rates – Owning a car with a theft deterrent system can get you a discount on your auto insurance. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent auto theft.
- High performance equals high price – The performance level of the car you are buying insurance for makes a huge difference in your rates. Low performance passenger models usually have the lowest rates, but the cost you end up paying is determined by many additional factors.
When should I talk to an agent?
When choosing adequate coverage, there really is not a cookie cutter policy. Everyone’s needs are different.
Here are some questions about coverages that can aid in determining whether you would benefit from an agent’s advice.
- Does my personal auto insurance policy cover using my vehicle for business use?
- Is a new car covered when I drive it off the dealer lot?
- How much liability do I need to cover my assets?
- Does my car insurance cover rental cars?
- Do I benefit by insuring my home with the same company?
- What is the difference between comprehensive and collision coverage?
If it’s difficult to answer those questions, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.
Ohio auto insurance information
Additional detailed information is located at the Ohio Department of Insurance website. Visitors are able to find out industry alerts, find out which companies have the most complaints, find a variety of consumer forms, and report car insurance fraud.
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What is YOUR best insurance company?
Drivers leave their current company for any number of reasons including high prices, delays in responding to claim requests, delays in paying claims and even not issuing a premium refund. No matter why you want to switch, finding a new auto insurance company can be easier than you think.
Throughout this article, we presented a lot of tips how to lower your auto insurance rates. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding lower rates. You may even discover the lowest premiums are with a lesser-known regional company.
When trying to cut insurance costs, never buy poor coverage just to save money. There are too many instances where drivers have reduced comprehensive coverage or liability limits only to regret that they should have had better coverage. The ultimate goal is to buy a smart amount of coverage at a price you can afford.