Nobody I know likes paying for auto insurance, in particular when the cost is too high.
Since consumers have many companies to choose from, it is very difficult to find the lowest price company.
It’s a good habit to compare rates every six months since insurance rates fluctuate regularly. Even if you think you had the lowest price on 370Z coverage six months ago other companies may now be cheaper. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to how to quote online to properly buy coverages while reducing your premium.
Shopping for the lowest cost auto insurance coverage is simple if you know the tricks. In a nutshell, everyone who shops for auto insurance should be able to lower their premiums. Although vehicle owners need to have an understanding of how big insurance companies sell online.
Are you getting all your discounts?
The price of auto insurance can be rather high, but you may find discounts that can drop the cost substantially. Certain discounts will be triggered automatically when you get a quote, but some must be asked about before you will receive the discount.
- Defensive Driver – Taking part in a course teaching defensive driving skills could cut 5% off your bill if you qualify.
- Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% on 370Z coverage with a few auto insurance companies.
- Student Driver Training – Require your teen driver to take driver’s ed class in school.
- Early Signing – A few companies offer discounts for switching policies prior to your current policy expiration. This can save 10% or more.
- Drive Less and Save – Driving fewer miles could be rewarded with better rates on cars that stay parked.
- Life Insurance Discount – Some companies give a discount if you purchase a life insurance policy as well.
- Anti-theft System – Vehicles with anti-theft systems help deter theft and qualify for as much as a 10% discount.
- One Accident Forgiven – A few companies allow you one accident before your rates go up if your claims history is clear for a certain period of time.
- Military Discounts – Having a deployed family member could mean lower rates.
It’s important to understand that most discounts do not apply to the overall cost of the policy. A few only apply to individual premiums such as comp or med pay. Just because it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous. Any qualifying discounts will reduce your overall premium however.
For a list of insurance companies with the best auto insurance discounts, follow this link.
How to know if you need help
When buying the best auto insurance coverage for your vehicles, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions may help highlight if your situation will benefit from professional help.
- How high should my uninsured/underinsured coverage be in my state?
- Does my insurance cover damage caused when ticketed for reckless driving?
- Do I have coverage if my license is suspended?
- Will I lose any money if I cancel my policy before it expires?
- Do I have coverage when using my vehicle for my home business?
- Does liability extend to a camper or trailer?
- How much liability do I need to cover my assets?
- Is my Nissan 370Z covered for flood damage?
- When should I drop full coverage on my Nissan 370Z?
- What are no-fault laws?
If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Do I need a local agent?
Certain consumers prefer to get advice from a local agent and that is just fine! One of the best bonuses of comparing insurance prices online is you can get lower rates and still choose a local agent. Supporting small agencies is important especially in smaller communities.
To make it easy to find an agent, after completing this form (opens in new window), your insurance coverage information is sent to participating agents who will give you bids for your business. You don’t have to leave your computer because quoted prices will be sent directly to your email. Now that’s easy! You can find better rates AND a local agent.
If you wish to view a list of agents in your state to contact, click here.
Selecting an provider needs to be determined by more than just a cheap price. Ask your prospective agent these questions:
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Is assistance available after office hours?
- Is working in the agency their full-time job?
- Can glass repairs be made at your home?
- Do they assist clients in filing claims?
- Which insurance companies are they affiliated with?
- Do the companies they represent have a solid financial rating?
After getting good answers to these questions in addition to an acceptable price estimate, you’ve probably found an insurer that is a good match to properly insure your vehicles.
Drivers who switch save $419 a year? Really?
Companies like Progressive, Allstate and GEICO consistently run television and radio advertisements. All the ads say the same thing about savings if you change to them. But how can every company claim to save you money? This is how they do it.
Different companies have a certain “appetite” for the driver that earns them a profit. For example, a preferred risk could possibly be between 30 and 50, insures multiple vehicles, and has a high credit rating. A driver that hits that “sweet spot” will get very good rates and most likely will save when switching.
Potential insureds who don’t qualify for the “perfect” profile will be charged more money and this can result in the driver buying from a lower-cost company. The ad wording is “customers that switch” not “everyone that quotes” save that kind of money. That’s why companies can claim big savings.
That is why it is so important to get a wide range of price quotes. It’s impossible to know the company that will give you the biggest savings.
In Summary
As you go through the steps to switch your coverage, it’s very important that you do not buy less coverage just to save a little money. There are many occasions where someone dropped physical damage coverage only to regret that the small savings ended up costing them much more. The ultimate goal is to buy enough coverage for the lowest price, not the least amount of coverage.
Cheap Nissan 370Z insurance is available online and with local insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.
