I can’t think of a single person who likes paying for auto insurance, in particular when the cost is too high.
With consumers having so many options when it comes to auto insurance, it can be challenging to choose the cheapest provider.
It’s a good habit to compare prices at least once a year due to the fact that insurance rates trend upward over time. Even if you got the best price for Express coverage a couple years back the chances are good that you can find a lower rate today. You can find a lot of misleading information regarding auto insurance on the web, but we’re going to give you some solid techniques on how to reduce your auto insurance bill.
Finding affordable coverage is quite easy. If you have car insurance now, you will most likely be able to save some money using these methods. Although vehicle owners do need to understand the methods companies use to sell online.
Discounts are available to cut your rates
Companies that sell car insurance don’t always publicize all their discounts very well, so the following is a list of some of the more common and the harder-to-find auto insurance savings.
- Organization Discounts – Participating in certain professional organizations could trigger savings when shopping for auto insurance for Express coverage.
- Own a Home – Simply owning a home can help you save on auto insurance due to the fact that maintaining a home requires personal responsibility.
- Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off your medical payments premium.
- Paperwork-free – Some insurance companies may give you up to $50 for buying a policy and signing up online.
- Claim Free – Drivers with accident-free driving histories pay much less when compared with bad drivers.
- Defensive Driver – Completing a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
- Anti-lock Brakes – Cars that have steering control and anti-lock brakes can avoid accidents and earn discounts up to 10%.
- Air Bag Discount – Vehicles with factory air bags or motorized seat belts can get savings of up to 25% or more.
- Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
Drivers should understand that most of the big mark downs will not be given to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.
For a list of insurers who offer auto insurance discounts, click here to view.
Comparing rates from local agents
Some consumers would rather talk to a local agent and there is nothing wrong with that. The biggest benefit of price shopping on the web is you may find lower rates but also keep your business local.
After completing this short form, your coverage information is transmitted to insurance agents who will battle for your insurance coverage. You don’t have to leave your house because quoted prices will be sent immediately to your email address. How cool is that?! You can find the lowest rates and an insurance agent to talk to.
Selecting an insurer needs to be determined by more than just the price. These are valid questions to ask:
- What insurance companies do they work with?
- Is assistance available after office hours?
- How much will you save each year by using a higher deductible?
- Do the companies they represent have a solid financial rating?
- Do they have adequate Errors and Ommissions coverage? This protects you if they make a mistake.
If you prefer to view licensed agents in your state, click here.
Once you have received satisfactory answers to these questions and a good coverage price, chances are good that you have found an insurance company that will provide auto insurance coverage.
The auto insurance bait and switch
Allstate and Progressive regularly use television and radio advertisements. All the companies say the same thing of big savings if you move to them. How can each company make almost identical claims? This is how they do it.
Insurance companies are able to cherry pick for the right customer they prefer to insure. For instance, a profitable customer could be between the ages of 30 and 50, owns a home, and has excellent credit. A propective insured who fits that profile receives the best rates and is almost guaranteed to save when they switch companies.
Potential insureds who fall outside this ideal profile will be quoted higher rates and this can result in business not being written. The ads say “customers who switch” not “everybody who quotes” save that much. That’s why insurance companies can claim big savings. This emphasizes why drivers must get as many comparisons as possible. It is impossible to predict which insurance companies will have the lowest rates.
More comparisons equals lower rates
We’ve covered some good ideas how you can reduce Chevy Express 3500 insurance prices online. The key thing to remember is the more you quote, the better your comparison will be. Drivers may discover the best prices are with a smaller regional carrier. Regional companies often have lower prices on specific markets than the large multi-state companies such as State Farm, GEICO and Nationwide.
While you’re price shopping online, don’t be tempted to reduce coverage to reduce premium. There are too many instances where an insured dropped full coverage to discover at claim time that it was a big mistake. The ultimate goal is to purchase a proper amount of coverage for the lowest price.
