Shoppers have options when shopping for affordable Maserati Coupe insurance. They can either spend hours contacting agents getting price quotes or leverage the internet to make rate comparisons. There is a better way to shop for auto insurance and we’ll show you the quickest way to quote coverages for a new or used Maserati and get the lowest price from local insurance agents and online providers.
It’s a great practice to get comparison quotes every six months since rates fluctuate regularly. If you had the lowest rates for Coupe insurance two years ago you can probably find a better price now. Starting right now, forget anything you know (or think you know) about auto insurance because you’re about to learn the fastest way to reduce your cost while increasing coverage.
Maserati Coupe insurance premiums are calculated by many factors
Consumers need to have an understanding of the rating factors that play a part in calculating the rates you pay for auto insurance. Understanding what controls the rates you pay empowers consumers to make smart changes that may reward you with much lower annual insurance costs.
Shown below are a partial list of the pieces used by your company to calculate rates.
- Always keep insurance in force – Allowing your auto insurance policy to lapse is a fast way to pay more for auto insurance. And not only will insurance be more expensive, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
- How credit affects auto insurance rates – A driver’s credit history is a big factor in calculating your auto insurance rates. Therefore, if your credit history is not that good, you could be paying less to insure your Maserati Coupe by spending a little time repairing your credit. People with good credit tend to be more responsible as compared to drivers with lower credit scores.
- Equipment add-ons that lower auto insurance rates – Choosing a vehicle with a theft deterrent system can get you a discount on your auto insurance. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
- Higher deductibles cost less – Physical damage coverage, also known as collision and other-than-collision, protects your Maserati from damage. A few examples of covered claims are collision with another vehicle, vandalism, and windstorm damage. Physical damage deductibles are the amount of money you are willing to pay in the event of a claim. The more expense you have to pay, the lower your rates will be for Coupe insurance.
Don’t overlook these discounts
Car insurance companies don’t always list all available discounts very well, so here is a list some of the more common and the harder-to-find ways to save on auto insurance. If you don’t get every credit possible, you’re paying more than you need to.
- Paperwork-free – Certain companies may give you up to $50 just for signing your application on their website.
- Driver’s Ed – Have your child successfully complete driver’s ed class in high school.
- No Claims – Good drivers with no accidents can earn big discounts when compared with bad drivers.
- Sign Early and Save – Select companies give a discount for signing up prior to your current policy expiration. It can save you around 10%.
- Air Bag Discount – Vehicles with factory air bags may earn rate discounts of 20% or more.
- Clubs and Organizations – Participating in certain professional organizations may earn a discount on your policy for Coupe insurance.
- Multiple Cars – Buying coverage for all your vehicles on the same auto insurance policy can get a discount on all vehicles.
- Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
- Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
As a disclaimer on discounts, some credits don’t apply to all coverage premiums. Most only cut the cost of specific coverages such as comp or med pay. So even though they make it sound like you could get a free auto insurance policy, companies wouldn’t make money that way.
To see a list of companies with discount auto insurance rates, follow this link.
Can’t I compare rates from local agents?
A small number of people just want to visit with an insurance agent and that is a personal choice. Good agents can answer important questions and help submit paperwork. One of the great benefits of comparing insurance prices online is that you can obtain the lowest rates but also keep your business local.
Upon completion of this simple form, the quote information gets sent to participating agents who will return price quotes for your coverage. You won’t need to leave your house since price quotes are sent to your email. How’s that for easy!
Picking a company needs to be determined by more than just the premium amount. Any agent should have no problem answering these questions:
- Do they specialize in personal lines coverage?
- How often do they review policy coverages?
- How long has their agency been open?
- Does the agency have a good rating with the Better Business Bureau?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Did they already check your driving record and credit reports?
- Is the agent and/or agency licensed to do business in your state?
Captive and independent car insurance agents
If you’re trying to find a good insurance agent, you need to know there are two types of agencies to choose from. agents are either captive or independent (non-captive). Both types can insure your vehicles, but it’s good to learn the difference between them because it can impact the type of agent you choose
Captive Insurance Agents
Captive insurance agents can only place business with one company and examples are AAA, Allstate, State Farm, Farmers Insurance or Liberty Mutual. Captives cannot compare other company’s rates so it’s a take it or leave it situation. They are usually quite knowledgeable in insurance sales and that can be a competitive advantage. Some consumers prefer to purchase coverage from captives mainly due to the brand legacy and solid financial strength.
Independent Agents (or Brokers)
Independent agencies are not required to write business for one company so they have the ability to put coverage with multiple insurance companies and possibly get better coverage at lower prices. To move your coverage to a new company, an independent agent can move your coverage and you won’t have to switch agencies.
When shopping rates, it’s recommended you include multiple independent agents to get the best comparison. Many write coverage with lesser-known insurance companies who may have lower rates.
For a full directory of insurance agents, click here.
Once you have reasonable responses to your questions and an acceptable price quote, chances are good that you have found an auto insurance agent that is a good match to insure your vehicles.
In Summary
When you buy insurance online, it’s a bad idea to buy poor coverage just to save money. There have been many situations where consumers will sacrifice physical damage coverage and discovered at claim time that they should have had better coverage. The ultimate goal is to purchase plenty of coverage at the best price.
Consumers switch companies for a variety of reasons including questionable increases in premium, extreme rates for teen drivers, unfair underwriting practices or even delays in responding to claim requests. Regardless of your reason, switching auto insurance companies can be less work than you think.
Cheap Maserati Coupe insurance can be sourced both online as well as from independent agents, so compare prices from both to have the best rate selection. Some auto insurance companies don’t offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.
