Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me when I say there are many people just like you. Many car insurance companies vie to insure your vehicles, so it can be very hard to choose a company to find the absolute best rates possible.
It’s a great practice to check auto insurance prices on a regular basis due to the fact that insurance rates fluctuate regularly. If you had the best rates a couple years back other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because you’re about to find out how to use the internet to eliminate unnecessary coverages and save money.
Reducing your insurance rates is surprisingly easy. Just spend a little time getting comparison quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.
The recommended way to get the best comparison quotes would be an industry-wide quote request form click here to open form in new window. This form keeps you from doing separate quote forms for every auto insurance company. Taking the time to complete one form gets you price quotes from several companies.
A different way to shop for auto insurance online is going to the website for each individual company and complete a new quote form. For instance, let’s assume you want comparison quotes from USAA, 21st Century and Progressive. To find out each rate you need to visit each site to enter your coverage information, which is why the first method is more popular. For a handy list of car insurance company links in Bay City, click here.
Which method you use is up to you, but be sure to compare identical coverages and limits for each comparison quote. If you are comparing differing limits you will not be able to find the best deal in Bay City.
Michigan drivers get pounded daily by advertisements for the lowest price auto insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise that you’ll save big if you switch your coverage to them.
But how can every company say the same thing?
Different companies have a certain “appetite” for the right customer that earns them a profit. An example of a driver they prefer might be over the age of 40, has no driving citations, and has a short commute. A driver who matches those parameters gets the lowest rates and is almost guaranteed to save a lot of money.
Consumers who fall outside the requirements will be charged a more expensive rate and this can result in business not being written. The ads state “customers that switch” not “people who quote” save that much money. That is how insurance companies can confidently advertise the way they do.
That is why drivers should get quotes from several different companies. You cannot predict which auto insurance company will give you the biggest savings.
It’s important that you understand the factors that play a part in calculating auto insurance rates. Having a good understanding of what determines base rates empowers consumers to make smart changes that can help you get big savings.
The cost of insuring your cars can be expensive, but you may find discounts to reduce the price significantly. A few discounts will automatically apply at the time you complete a quote, but some may not be applied and must be requested specifically before being credited. If you’re not getting every credit you deserve, you are throwing money away.
It’s important to note that most of the big mark downs will not be given to all coverage premiums. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you could get a free auto insurance policy, companies don’t profit that way. Any amount of discount will help reduce the cost of coverage.
When it comes to buying proper insurance coverage for your vehicles, there is no perfect coverage plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions might help in determining whether your personal situation might need an agent’s assistance.
If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.
In this article, we presented quite a bit of information on how to reduce auto insurance prices online. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. You may even find the most savings is with a lesser-known regional company. They may have significantly lower rates on certain market segments than their larger competitors like Allstate, GEICO and Progressive.
Lower-priced auto insurance can be purchased on the web and also from your neighborhood Bay City agents, so you should compare both to have the best selection. Some auto insurance companies may not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.
Additional auto insurance information can be read on the website for the Michigan Office of Financial and Insurance Regulation located here. Consumers can view agent and company licensing information, file complaints about a company, and file complaints about an insurance agent or broker.