Wish you could get out of an expensive auto insurance policy? Don’t sweat it because many consumers are feeling buyer’s remorse and feel like there’s no way out. You have so many insurers to choose from, and even though it’s nice to have multiple companies, it can be more challenging to find the lowest cost provider.
It’s important to get comparison quotes occasionally because rates are constantly changing. Even if you think you had the best premium rates for F350 Super Duty pickup coverage last year the chances are good that you can find a lower price today. Block out anything you think you know about auto insurance because we’re going to demonstrate how to quote online to find better coverage at a better price.
Get lower rates by taking advantage of discounts
Auto insurance is easily one of your largest bills, but you might find some hidden discounts that may help make it more affordable. Some trigger automatically at the time you complete a quote, but once in a while a discount must be specially asked for before you will receive the discount.
- Good Student Discount – Getting good grades may save as much as 25% on a . Many companies even apply the discount to college students up until you turn 25.
- Switch and Save Discount – Some larger companies give discounts for buying a new policy early. The savings is around 10%.
- Defensive Driver Discount – Completing a safe driver class could possibly earn you a 5% discount if you qualify.
- First Accident Forgiveness – Not necessarily a discount, but companies like Progressive, State Farm and GEICO permit an accident without getting socked with a rate hike with the catch being you have to be claim-free prior to being involved in the accident.
- ABS and Traction Control Discounts – Vehicles equipped with ABS or steering control prevent accidents so companies give up to a 10% discount.
- No Accidents – Drivers who stay claim-free have much lower rates when compared with drivers with a long claim history.
- Student Discount for Driver Training – Cut your cost by having your teen driver complete a driver education course as it can save substantially.
As a sidenote, some of the credits will not apply the the whole policy. A few only apply to the cost of specific coverages such as comprehensive or collision. Even though it appears you can get free auto insurance, it’s just not the way it works.
Companies and a summarized list of policyholder discounts are included below.
- State Farm offers discounts for Steer Clear safe driver discount, anti-theft, student away at school, multiple policy, and multiple autos.
- Liberty Mutual may include discounts for newly retired, hybrid vehicle, good student, multi-policy, and teen driver discount.
- American Family may offer discounts for air bags, early bird, defensive driver, good student, mySafetyValet, TimeAway discount, and accident-free.
- Progressive offers premium reductions for online quote discount, homeowner, good student, continuous coverage, online signing, and multi-policy.
- Farmers Insurance discounts include business and professional, youthful driver, mature driver, pay in full, teen driver, early shopping, and multi-car.
- Auto-Owners Insurance includes discounts for safe vehicle, air bags, mature driver, safe driver, and group or association.
- SAFECO has discounts for teen safety rewards, homeowner, teen safe driver, bundle discounts, drive less, and accident prevention training.
When getting , it’s a good idea to each insurance company what discounts are available to you. Discounts may not be available in your area. To view companies with significant discounts, click here to view.
There are multiple methods to compare auto insurance prices but there is one way that is less labor-intensive and much quicker. You can waste hours talking to insurance agencies in your area, or you could save time and use online quotes to get rates in a matter of minutes.
Many of the larger companies belong to an insurance system where prospective buyers only type in their quote data once, and each company returns a rated price based on the submitted data. This eliminates the need for quotation requests to every company.
To find out how much you’re overpaying now click here (opens in new window).
The one disadvantage to doing it this way is you cannot specify which companies you want to price. If you wish to select specific insurance companies to compare prices, we have a listing of companies who write auto insurance in your area. Click to view list.
It’s up to you which method you use, but try to keep nearly identical coverage data with each company. If you enter differing limits it will be nearly impossible to determine which rate is truly the best. Just slight variations in insurance coverages can mean a large discrepancy in price. Just remember that comparing a wide range of rates increases your odds of finding lower pricing.
You can lower your rates
As you shop your coverage around, make sure you don’t buy lower coverage limits just to save a few bucks. In too many instances, an accident victim reduced uninsured motorist or liability limits to discover at claim time they didn’t have enough coverage. Your goal should be to buy the best coverage you can find at the best cost, but do not skimp to save money.
Some companies may not provide online rate quotes and many times these small, regional companies only sell through independent insurance agencies. The cheapest Ford F350 Super Duty Pickup insurance is attainable from both online companies as well as from independent agents, and you should compare rates from both to have the best chance of lowering rates.
