No one in their right mind looks forward to paying for auto insurance, particularly when the cost is too high.
Numerous insurance companies battle to insure your vehicles, so it can be very hard to choose a provider to find the lowest rate possible.
Consumers should take time to take a look at other company’s rates on a regular basis because rates tend to go up over time. Just because you had the lowest rates on 164 insurance a few years ago you can probably find a better price now. You can find a lot of wrong information about auto insurance on the web, but with this article, you’re going to get some great ways to stop overpaying for insurance.
If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using this strategy. Choosing the best insurance company for you is not that difficult. But drivers need to have an understanding of the way insurance companies price insurance differently and take advantage of how the system works.
Do you qualify for discounts?
Insuring your fleet can be pricey, but you can get discounts that can drop the cost substantially. Larger premium reductions will be automatically applied at the time of quoting, but a few need to be manually applied before being credited.
- Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less on 164 insurance than drivers with accident claims.
- Organization Discounts – Affiliation with certain professional organizations could trigger savings on auto insurance on 164 insurance.
- Defensive Driver – Taking part in a driver safety course can save you 5% or more depending on where you live.
- Life Insurance Discount – Larger companies have better rates if you take out auto and life insurance together.
- Multiple Policy Discount – If you have multiple policies with the same company you may earn up to 20% off your total premium.
- Sign Online – Some insurance companies give back up to $50 simply for signing online.
- Accident Waiver – Some insurance companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
- Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with discounted rates on garaged vehicles.
- Senior Citizens – If you’re over the age of 55, you may receive a small decrease in premiums on 164 insurance.
It’s important to understand that some of the credits will not apply to the entire cost. Some only apply to the cost of specific coverages such as liability and collision coverage. So even though it sounds like you could get a free auto insurance policy, companies don’t profit that way. Any amount of discount will cut the amount you have to pay.
Complexity of Alfa Romeo 164 insurance rates
An important part of buying insurance is that you know the rating factors that help determine your auto insurance rates. Knowing what determines base rates empowers consumers to make smart changes that could result in lower auto insurance prices.
- Higher deductibles cost less – The deductibles define the amount you are willing to pay out-of-pocket if you file a covered claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some examples of claims that would be covered are running into the backend of another car, damage from fire, and rolling your vehicle. The more money the insured has to pay upfront, the less your auto insurance will be on 164 insurance.
- Consolidate policies to earn discounts – Some auto insurance companies will award you with lower prices to insureds who carry more than one policy in the form of a multi-policy discount. Even with this discount, it’s still a good idea to comparison shop to ensure the best deal. Drivers may still find better rates by splitting coverages up.
- Your stress level may be raising your rates – Did you know your occupation can influence how much you pay for auto insurance? Occupations like lawyers, executives and financial analysts tend to have higher average rates because of job stress and long work hours. Conversely, jobs such as actors, engineers and homemakers receive lower rates on 164 insurance.
- Bad driving skills means higher rates – Only having one ticket can bump up the cost twenty percent or more. Drivers who don’t get tickets tend to pay less for car insurance compared to drivers with tickets. Drivers with flagrant tickets such as DUI or reckless driving are required to submit a SR-22 form with their state DMV in order to keep their license.
- Where you live – Living in less populated areas can be a good thing when insuring your vehicles. City drivers have much more traffic and longer commute times. Less people living in that area translates into fewer accidents as well as less vandalism and auto theft.
- Safer occupants lowers premiums – Cars with high safety ratings get lower rates. The safest vehicles protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you. If your Alfa Romeo 164 earned at least four stars on Safercar.gov it is probably cheaper to insure.
- Men are more aggressive – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean women are better drivers. Both sexes tend to get into accidents at a similar rate, but the males tend to have more serious accidents. They also have more aggressive citations like reckless driving and DUI.
Insurance agents can help
When it comes to buying proper insurance coverage, there isn’t really a best way to insure your cars. Everyone’s needs are different so this has to be addressed. For instance, these questions can help discover whether or not you would benefit from professional advice.
- I have good health insurance, so how much medical payments coverage do I need?
- Do I have coverage when making deliveries for my home business?
- Am I covered when driving someone else’s vehicle?
- Can I still get insurance after a DUI?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- Do I need medical payments coverage since I have good health insurance?
- Can I rate high risk drivers on liability-only vehicles?
If you can’t answer these questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.
Your insurance agent down the street
Certain consumers would prefer to talk to a local agent and that is just fine! The biggest benefit of price shopping on the web is you can get better rates but still work with a licensed agent. And supporting small agencies is definitely important in smaller rural communities.
To help locate an agent, after submitting this simple form, your insurance data is transmitted to companies who will give you bids to get your business. You never need to even leave your home because quoted prices will be sent to the email address you provide. It doesn’t get any easier! It’s the lowest rates and an insurance agent to talk to.
How to choose the best auto insurance agent
When researching a reliable agent, you must know there are a couple different types of agents from which to choose. agents are categorized either captive or independent (non-captive).
Independent Insurance Agents
Independent agents are not locked into one company but instead can place your coverage with any number of different companies enabling the ability to shop coverage around. If your agent finds better pricing, your agent can switch companies and you don’t have to find a new agent. When comparing rates, we recommend you contact at a minimum one independent agency to have the most options to choose from.
Agency Captives
This type of agents have only one company to place business with like AAA, Allstate and State Farm. These agents are unable to compare other company’s rates so they have to upsell other benefits. Captive agents are usually quite knowledgeable in insurance sales which can be an advantage.
To view a full list of auto insurance agents, visit this page.
Deciding on an insurance agency shouldn’t rely on just a low price. Any agent should have no problem answering these questions:
- Are there any discounts that you might be missing?
- If you have an accident, will your rates go up?
- How often do they review policy coverages?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Is the agent and/or agency licensed to do business in your state?
- What insurance companies do they recommend if they are an independent agent?
- Are they able to influence company decisions when a claim is filed?
- How are claims handled?
Once you have positive responses in addition to an acceptable price estimate, it’s possible that you found an insurance agency that can properly service your auto insurance policy.
And the best car insurance company is…
We just presented a lot of information how to lower your Alfa Romeo 164 insurance rates. It’s most important to understand that the more providers you compare, the better your comparison will be. You may even discover the biggest savings come from the least-expected company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as State Farm, GEICO and Nationwide.
As you shop your coverage around, do not skimp on critical coverages to save a buck or two. There have been many cases where someone dropped liability coverage limits to discover at claim time they didn’t purchase enough coverage. Your aim should be to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.
