Have you had enough of paying out the nose to insure your vehicles every month? You are no different than many other drivers in Delaware.
Many car insurance companies compete for your insurance dollar, and because of this it can be hard to compare car insurance companies and uncover the absolute best rate
Smart consumers have a good feel for the factors that go into determining your auto insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
Companies offering auto insurance do not list every discount in an easy-to-find place, so we break down some of the best known and also the lesser-known discounts you could be receiving.
It’s important to understand that most credits do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, you won’t be that lucky.
To see a list of companies with discount auto insurance rates in Delaware, click here to view.
Some consumers prefer to sit down with an agent. The biggest benefit of getting online price quotes is that you can obtain the best rates and still have an agent to talk to.
After filling out this short form, your insurance data is emailed to local insurance agents who will return price quotes for your business. You won’t need to visit any agencies as quotes are delivered to the email address you provide. It doesn’t get any easier! You can find the lowest rates and work with a local agent.
Deciding on a company needs to be determined by more than just the bottom line cost. Here are some questions to ask:
When searching for a reputable insurance agent or broker, you need to know there are two types of agencies from which to choose. Agencies in Wilmington are classified as either independent (non-captive) or captive.
Captive agencies work for only one company and examples are Liberty Mutual, Allstate, Farmers Insurance or State Farm. These agents are not able to compare other company’s rates so always compare other rates. They are usually quite knowledgeable on the products they sell which helps them sell insurance even at higher premiums.
Listed below is a short list of captive insurance agencies in Wilmington who can help you get price quote information.
Allstate Insurance – 3648 Silverside Rd – Wilmington, DE 19810 – (302) 478-8080
Liberty Mutual Insurance – 1011 Centre Rd # 400 – Wilmington, DE 19805 – (302) 993-0500
State Farm Insurance – 1033 N Lincoln St # 400 – Wilmington, DE 19805 – (302) 656-3557
Independent agents do not work for one specific company but rather can write business amongst many companies enabling the ability to shop coverage around. To transfer your coverage to a different company, the business is moved internally without you having to go to a different agency.
When searching for an agent, it’s recommended you include price quotes from multiple independent agents to have the most options to choose from.
Shown below is a list of independent insurance agents in Wilmington that can give you comparison quotes.
Nationwide Insurance – 126 Senatorial Dr # B – Wilmington, DE 19807 – (302) 654-0347
Concord Agency Inc – 3520 Silverside Rd # 27 – Wilmington, DE 19810 – (302) 478-4000
Hudson Insurance Group – 300 Martin Luther King Blvd – Wilmington, DE 19801 – (302) 654-2590
For a complete listing of auto insurance agents in Wilmington, view this link.
After receiving positive responses to any questions you have in addition to an acceptable price estimate, it’s possible that you found an insurance agency that can adequately provide auto insurance.
Auto insurance companies such as State Farm, GEICO and Progressive continually stream ads in print and on television. They all seem to make an identical promise that you’ll save big after switching to them. But how can every company say the same thing?
All companies can use profiling for the type of customer that makes them money. An example of a driver they prefer might be profiled as between 30 and 50, owns a home, and chooses high deductibles. Any driver that hits that “sweet spot” receives the best rates and as a result will probably save quite a bit of money when switching.
Drivers who are not a match for the “perfect” profile will be quoted a higher premium and this can result in business going elsewhere. The ads say “drivers who switch” not “everybody who quotes” save that much money. That’s the way companies can advertise the way they do. This emphasizes why it is so important to get quotes from several different companies. Because you never know which auto insurance company will provide you with the cheapest rates.
When it comes to choosing the best auto insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Every insured’s situation is different and your policy should reflect that. These are some specific questions could help you determine if your insurance needs may require specific advice.
If you’re not sure about those questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier
Even more information can be read at the Delaware Department of Insurance website. Delaware consumers can discover disciplinary actions, file complaints about an insurance agent or broker, read consumer alerts, and file complaints about a company.
Other useful links include this site for auto insurance rates in Delaware and this page of insurance agents in Wilmington.
Cheaper auto insurance can be sourced from both online companies as well as from independent agents in Wilmington, so compare prices from both to have the best rate selection. Some insurance companies don’t offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
As you go through the steps to switch your coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where someone sacrificed liability limits or collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to get the best coverage possible at the best price, not the least amount of coverage.