Have you had enough of paying out the nose to buy car insurance? You are no different than many other consumers.
Consumers have many auto insurance companies to insure vehicles with, and though it is a good thing to have a selection, too many choices makes it more difficult to find the best rates.
How to Lower Your Car Insurance Cost
When shopping for car insurance there are multiple ways to compare quotes from car insurance companies in your area. The easiest way by far to find the cheapest Rolls Royce Silver Spirit insurance rates is to use the internet to compare rates. This is very easy and can be done using a couple different methods.
- The fastest way consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This easy form prevents you from having to do boring form submissions to each individual car insurance company. A single form gets rate comparisons from multiple companies.
- Another way to analyze rates requires you to visit each company’s website and request a quote. For examples sake, let’s assume you want comparison quotes from Farmers, Liberty Mutual and Travelers. To get each rate you have to spend time on each company’s site to input your insurance information, which is why most consumers use the first method.
For a handy list of car insurance company links in your area, click here.
- The hardest way of getting rate comparisons is to waste gas driving to different agent offices. Buying insurance online eliminates the need for an insurance agent unless you prefer the professional advice of a local agent. You can, however, price shop online and get advice from an agent in your area and we’ll cover that in a bit.
It’s up to you how you get prices quotes, just compare apples-to-apples coverage information on every quote you get. If the quotes have different limits and deductibles on each one it’s impossible to find the best deal for your Rolls Royce Silver Spirit. Having just a slight variation in limits can make a big difference in price. Just keep in mind that getting more free quotes will improve the odds of getting the best offered rates.
Don’t miss these discounts
Car insurance companies don’t necessarily list every discount in an easy-to-find place, so we took the time to find both the well known and the harder-to-find savings tricks you should be using.
- Student Driver Training – Have your child take driver’s ed class if it’s offered in school.
- Accident Waiver – Some insurance companies permit an accident without raising rates if your claims history is clear prior to the accident.
- Clubs and Organizations – Being a member of a professional or civic organization is a good way to get lower rates when buying car insurance for Silver Spirit coverage.
- Multi-policy Discount – If you insure your home and vehicles with one insurance company you could get a discount of at least 10% off all policies.
- Passive Restraints – Factory air bags can get savings up to 30%.
- Military Rewards – Being deployed with a military unit could mean lower rates.
- Early Switch Discount – Select companies give a discount for signing up before your current policy expires. It’s a savings of about 10%.
- Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
- Defensive Driving Course – Taking part in a driver safety course can save you 5% or more depending on where you live.
As a disclaimer on discounts, many deductions do not apply to your bottom line cost. Some only apply to specific coverage prices like comp or med pay. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky.
Compare online but buy from a local agent
Certain consumers would rather sit down with an agent. The biggest benefit of comparing insurance prices online is you may find the lowest rates but also keep your business local.
Once you complete this form (opens in new window), your coverage information is emailed to local insurance agents who will return price quotes for your business. There is no reason to leave your house because quoted prices will be sent immediately to your email address. How’s that for easy! You can find better rates without the usual hassles of price shopping.
Selecting an provider should depend on more than just the bottom line cost. Any agent should be forthright in answering these questions:
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Do they have adequate Errors and Ommissions coverage? This protects you if they make a mistake.
- Do they receive special compensation for putting your coverage with one company over another?
- What will you get paid if your car is a total loss? How is that amount determined?
- Is vehicle mileage a factor when determining depreciation for repairs?
What type of insurance agency is right for you?
When looking for a reputable insurance agent or broker, you need to know there are two types of agencies that you can select. Agents are classified as either independent (non-captive) or captive.
Captive Insurance Agents
Captive insurance agents can only place business with one company and examples are State Farm, AAA and Liberty Mutual. They usually cannot compare other company’s rates so it’s a take it or leave it situation. Captive agents are usually quite knowledgeable on their company’s products which can be an advantage.
Independent Agencies or Brokers
Independent insurance agents are not required to write business for one company but rather can write business with multiple insurance companies depending on which coverage is best. To move your coverage to a new company, the business is moved internally and you won’t have to switch agencies.
When comparison shopping, it’s a good idea to include several independent insurance agents to get the best comparison.
For a full directory of agents, click here.
Once you have positive responses to these questions and a low price estimate, you have narrowed it down to a car insurance agent that meets your needs to properly insure your vehicles.
Car insurance is unique, just like you
When choosing the right insurance coverage, there is no best way to insure your cars. Every situation is different and your policy should reflect that. For instance, these questions may help highlight whether your personal situation might need professional guidance.
- Do I need rental car coverage?
- What is covered by UM/UIM coverage?
- When does my teenage driver need to be added to my policy?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- Can I rate high risk drivers on liability-only vehicles?
- How much underlying liability do I need for an umbrella policy?
- How high should my medical payments coverage be?
- Does my personal policy cover me when driving my company car?
- Am I covered if I drive in a foreign country?
If you’re not sure about those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.
Rolls Royce Silver Spirit insurance rates are influenced by…
It’s important that you understand the rating factors that come into play when calculating car insurance rates. When you know what positively or negatively influences your rates empowers consumers to make smart changes that may reward you with better car insurance rates.
- Liability coverage is peace of mind – Liability coverage is the protection if ever a jury decides you are liable for damages from an accident. It provides you with a defense in court starting from day one. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
- More miles equals more premium – The higher the mileage driven each year the higher your rate. The majority of insurers rate vehicles based on their usage. Cars that are left in the garage qualify for better rates than vehicles that are driven to work every day. Verify your car insurance declarations sheet is rated on the correct usage for each vehicle. If your policy improperly rates your Silver Spirit can cost quite a bit.
- Lower rates with optional equipment – Driving a car with an alarm system can help bring down rates. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft.
- More people means more accidents – Choosing to live in a rural area can be a good thing when it comes to car insurance. Lower population means a lower chance of having an accident. Drivers in populated areas have to deal with much more traffic to deal with and longer commute times. More time on the road translates into higher accident risk.
- Traffic violations increase rates – Even a single ticket can boost insurance rates by twenty percent. Careful drivers receive lower rates than their less careful counterparts. Drivers who get dangerous violations such as reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
- Women pay lower rates – Statistics demonstrate women tend to be less risk to insure than men. That doesn’t necessarily mean that men are worse drivers. They both are in accidents in similar numbers, but the male of the species cause more damage. Men also tend to receive more costly citations like reckless driving and DUI. Young males tend to get in the most accidents and therefore have the most expensive car insurance rates.
Quote often and quote early
The cheapest Rolls Royce Silver Spirit insurance can be purchased online in addition to many insurance agents, and you should compare price quotes from both to have the best selection. Some companies do not provide the ability to get a quote online and these small insurance companies work with independent agents.
As you shop your coverage around, don’t be tempted to skimp on coverage in order to save money. In many instances, someone dropped physical damage coverage only to discover later that it was a big mistake. Your focus should be to get the best coverage possible at the best price while still protecting your assets.
