Top Ways to Save on Cheshire Auto Insurance
Tired of scraping the payment together each month for car insurance? Your situation is no different than many other drivers in Connecticut.
You have multiple to buy insurance from, and even though it's nice to have multiple companies, having more makes it harder to compare rates.
It's important to do rate comparisons once or twice a year since insurance rates are constantly changing. If you had the lowest price on your last policy you will most likely find a better rate today. There is a lot of bad information regarding auto insurance on the web, but I'm going to show you some great ways to put money back in your pocket.
Take advantage of discounts
Companies offering auto insurance don't always advertise all their discounts very clearly, so we researched some of the best known and also the lesser-known savings tricks you should be using.
- Homeowners Pay Less - Owning a house in Cheshire can help you save on auto insurance because of the fact that having a home shows financial diligence.
- Drivers Education - Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
- Pay Upfront and Save - If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
- Employee of Federal Government - Active or retired federal employment could cut as much as 10% off with select insurance companies.
- Sign Online - A few companies give back up to $50 just for signing your application over the internet.
It's important to note that most discounts do not apply to the entire cost. Most only apply to specific coverage prices like liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, you're out of luck.
Are auto insurance companies telling the truth?
Auto insurance companies such as State Farm, GEICO and Progressive regularly use ads on TV and radio. They all seem to make an identical promise that you can save if you move to them. How does each company say the same thing? It's all in the numbers.
Insurance companies can use profiling for the type of driver that earns them a profit. For instance, a desirable insured might be profiled as between the ages of 30 and 50, has no tickets, and has great credit. A propective insured who meets those qualifications is entitled to the best price and most likely will save when switching.
Potential customers who don't qualify for these standards will have to pay a higher premium and ends up with business not being written. Company advertisements say "customers who switch" not "people who quote" save money. That's why insurance companies can advertise the savings. Because of the profiling, you should get as many quotes as possible. It's not possible to predict the company that will fit your personal profile best.
More Connecticut auto insurance information
Additional detailed information is located at the Connecticut Insurance Department website. Connecticut drivers can get help finding coverage, download brochures, view a list of available companies, and report car insurance fraud.
Final considerations
Lower-priced auto insurance is possible on the web and with local Cheshire insurance agents, and you should compare price quotes from both to have the best rate selection. There are still a few companies who do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.
When you buy insurance online, never buy lower coverage limits just to save a few bucks. In many cases, an insured dropped collision coverage and learned later that the few dollars in savings costed them thousands. Your aim should be to buy enough coverage at the best price.
