Having to pay for overpriced Saturn LW1 insurance can take a big chunk out of your checking account, especially in this economy. Comparing price quotes is a great way to help make ends meet. Numerous insurers battle for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest price
If you have a policy now or are looking for a new policy, you can learn to reduce the price you pay while maintaining coverages. Buying car insurance is easy if you know what you’re doing. Consumers just need to know the best way to compare rates over the internet.
Do you qualify for a discount?
Car insurance companies do not advertise every available discount very well, so we break down both the well known and the harder-to-find discounts you could be receiving. If you don’t get every credit possible, you’re paying more than you need to.
- Accident Free – Good drivers with no accidents can earn big discounts as compared to bad drivers.
- Discount for Good Grades – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
- Sign Early and Save – Select companies give a discount for switching policies before your current expiration date. It can save you around 10%.
- Drivers Education – Have your child complete a driver education course in school.
- Drive Safe and Save – Insureds without accidents can get discounts for up to 45% lower rates for LW1 coverage than less cautious drivers.
Consumers should know that most discounts do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, companies don’t profit that way.
To choose insurance companies with the best car insurance discounts, follow this link.
Car insurance is unique, just like you
When it comes to choosing proper insurance coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that might point out if your situation may require specific advice.
- Do I have coverage when making deliveries for my home business?
- When should I drop full coverage on my Saturn LW1?
- What is high-risk coverage and where do I buy it?
- Does my Saturn LW1 qualify for pleasure use?
- Will I be non-renewed for getting a DUI or other conviction?
- Do I need rental car coverage?
- Do I need to file an SR-22 for a DUI in my state?
- Are my tools covered if they get stolen from my vehicle?
- Are split liability limits better than a combined single limit?
- Does my liability insurance cover pulling a trailer or camper?
If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.
Compare online but buy from a local agent
Some people would prefer to visit with an insurance agent and that is just fine! Good agents can help determine the best coverages and help submit paperwork. The best thing about comparing rates online is that you can obtain the lowest rates but also keep your business local.
Once you complete this short form, the quote information is emailed to local insurance agents who will compete for your business. You don’t have to leave your computer as quotes are delivered directly to your email. How cool is that?!
Choosing an provider should depend on more than just the premium amount. Ask your prospective agent these questions:
- Will their companies depreciate repairs to your car based on the mileage?
- Do they receive special compensation for putting your coverage with one company over another?
- Do they carry Errors and Omissions coverage?
- If your car is in the repair shop, do you have coverage for a rental car?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Are claims handled at the agent’s location?
Is a captive or independent insurance agent right for you?
When researching a good insurance agent, you need to know there are two different agency structures that differ in how they can insure your vehicles. Agents can either be independent (non-captive) or captive. While both can properly insure your vehicles, but it’s worth mentioning the differences since it may influence the selection process.
Captive Insurance Agents
This type of agents write business for a single company and some examples include State Farm, AAA and Liberty Mutual. Captives cannot provide prices from multiple companies so always compare other rates. Captive agents are usually quite knowledgeable on their company’s products and that can be a competitive advantage.
Independent Agents
Independent insurance agents are not locked into one company but rather can write business amongst many companies and possibly get better coverage at lower prices. To move your coverage to a new company, they simply move the coverage in-house and that require little work on your part.
When comparing rates, it’s recommended you include multiple independent agents to have the most options to choose from.
To view a full list of agents, click here.
After receiving good answers to any questions you have and an affordable coverage quote, it’s possible that you found an auto insurance agent that can properly insure your vehicles.
The car insurance bait and switch
Consumers can’t ignore all the ads for the lowest price auto insurance by State Farm and Allstate. They all seem to make the same claim that you’ll save big if you move to their company.
How does each company make the same claim?
All companies can use profiling for the type of driver that makes them money. A good example of a preferred risk could possibly be over the age of 50, insures multiple vehicles, and has excellent credit. A customer that hits that “sweet spot” will qualify for the lowest rates and most likely will save when they switch companies.
Drivers who don’t measure up to these standards will have to pay more money and this can result in business going elsewhere. Company advertisements say “drivers who switch” not “people who quote” save that much money. That’s the way companies can truthfully state the savings. Because of the profiling, you need to get quotes from several different companies. It’s just too difficult to predict which car insurance company will provide you with the cheapest rates.
Quote often and quote early
When buying insurance coverage, you should never buy less coverage just to save a little money. There are too many instances where consumers will sacrifice liability coverage limits and learned later that the small savings ended up costing them much more. The aim is to purchase plenty of coverage at a price you can afford.
The cheapest Saturn LW1 insurance is available on the web in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. Some insurance providers do not provide online price quotes and most of the time these small, regional companies sell through independent agents.
