No one in their right mind enjoys paying for auto insurance, in particular when they are paying too much. Consumers have many car insurance companies to pick from, and though it is a good thing to have a choice, too many choices makes it more difficult to compare company pricing.
How to Get Auto Insurance Comparison Quotes
All major auto insurance companies give coverage price quotes on the web. The process is pretty easy as you just enter into the quote form. When complete, their system will order credit information and your driving record and quotes a price based on these and other factors. Being able to quote online simplifies rate comparisons, but having to visit multiple sites and enter the same data into a form can be a bit repetitive. But it’s very important to compare as many rates as possible in order to find a better rate.
Rate comparisons made easy
A less time-consuming method to lower your auto insurance bill makes use of a single form that analyzes rates from several companies at one time. The form is fast, helps eliminate reptitive entry, and makes price shopping online much more enjoyable. After sending the form, your coverage is rated with multiple companies and you can pick any of the returned quotes. If you find a better price you can simply submit the application and purchase the new policy. This process takes less than 15 minutes and can result in significant savings.
If you want to find out how much you can save on auto insurance, click here to open in new window and input your coverage information. If you have a policy now, it’s recommended you type in the coverage information exactly as they are listed on your policy. Using the same limits helps guarantee you’re receiving a rate comparison for similar coverage.
Auto insurance ads bend the truth
Consumers get pounded daily by advertisements that promise big savings from the likes of State Farm, Allstate and GEICO. All the companies make the same claim of big savings if you move your coverage to them.
How do they all make the same claim? It’s all in the numbers.
Different companies are able to cherry pick for the driver they prefer to insure. A good example of a preferred risk might be profiled as between the ages of 30 and 50, has no driving citations, and chooses high deductibles. Any new insured who matches those parameters will qualify for the lowest rates and as a result will probably save a lot of money.
Potential customers who don’t measure up to these standards will be charged higher premiums and ends up with business not being written. The ads state “customers that switch” not “everybody who quotes” save that much money. This is how companies can make those claims. That is why you should get as many quotes as possible. You cannot predict which auto insurance company will give you the biggest savings.
Lesser-known factors impacting Land Rover LR3 insurance rates
Smart consumers have a good feel for the different types of things that play a part in calculating auto insurance rates. Knowing what controls the rates you pay empowers consumers to make smart changes that can help you get lower auto insurance prices.
- Pleasure use saves money – The higher the mileage driven each year the more you will pay for auto insurance. Most companies rate vehicles based on their usage. Cars left parked in the garage qualify for better rates than vehicles that are driven to work every day. Having the wrong rating on your LR3 can cost quite a bit. Make sure your auto insurance declarations sheet is rated on the correct usage for each vehicle.
- Men are more aggressive – Statistics have proven women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Men and women tend to get into accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also get more serious tickets like reckless driving and DUI.
- High deductibles save money – Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Land Rover. Examples of covered claims could be running into the backend of another car, collision with an animal, and rolling your vehicle. The deductibles are how much you are willing to pay before a claim is paid by your company. The more money you’re willing to pay, the less your auto insurance will be on LR3 insurance.
- More claims means more premium – If you tend to file frequent claims, you can expect either a policy non-renewal or much higher rates. Insurance companies generally give discounts to policyholders who do not rely on their insurance for small claims. Auto insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
- Better crash test results mean better rates – Vehicles with high crash test scores are cheaper to insure. The safest vehicles protect occupants better and better occupant protection translates into savings for insurance companies passed on to you as lower rates. If your Land Rover has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
- Don’t buy coverages you don’t need – There are a lot of extra coverages you can purchase if you aren’t careful. Insurance for rental car reimbursement, better glass coverage and additional equipment coverage are some examples. These may sound like a good investment initially, but now you might not need them so eliminate the coverages to reduce your premium.
- Older drivers save more – Older insureds are more responsible, file fewer claims and receive fewer citations. Youthful drivers tend to be careless and easily distracted when behind the wheel therefore auto insurance rates are much higher.
Take advantage of discounts
Auto insurance companies don’t necessarily list every discount in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find auto insurance savings. If you aren’t receiving every discount available, you’re just leaving money on the table.
- Auto/Home Discount – If you have multiple policies with the same company you could get a discount of approximately 10% to 15%.
- Discounts for Safe Drivers – Drivers who avoid accidents can pay as much as 50% less on LR3 insurance than drivers with accidents.
- Life Insurance – Larger companies have lower rates if you buy life insurance.
- Low Mileage Discounts – Driving fewer miles can earn discounted rates on garaged vehicles.
- Payment Method – If paying your policy premium upfront instead of making monthly payments you could save up to 5%.
It’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, you’re out of luck.
For a list of insurers offering auto insurance discounts, click here.
But don’t I need an insurance agent?
Some consumers just want to visit with an insurance agent. Agents can help determine the best coverages and help file insurance claims. The best thing about price shopping on the web is you can get lower rates but also keep your business local.
After filling out this simple form, your information is instantly submitted to insurance agents who will compete for your insurance coverage. There is no need to drive around due to the fact that quote results will go to your email. How’s that for easy!
Deciding on an insurance company should depend on more than just a cheap price. Agents should be asked these questions:
- Who are their largest clients?
- Do they review policy coverages at every renewal?
- If they are an independent agency, which companies do they recommend?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Do they specialize in personal lines coverage?
- Which members of your family are coverage by the policy?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
If you prefer to select a specific agent in your state, click here.
Once you have received positive responses for all questions you ask and a good coverage price, you have narrowed it down to an provider that can provide auto insurance coverage.
In the end, you save
We just covered a lot of information how to get a better price on Land Rover LR3 insurance. It’s most important to understand that the more price quotes you have, the higher your chance of finding lower rates. You may even discover the biggest savings come from a small local company. These companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate and Progressive.
Lower-priced Land Rover LR3 insurance can be bought from both online companies as well as from independent agents in your state, and you need to price shop both to have the best rate selection. Some insurance providers don’t offer you the ability to get quotes online and these small insurance companies work with independent agents.
