Car Insurance in Follansbee, WV - 5 Tricks to Save Money
Are you intimidated by the sheer number of car insurance company choices in Follansbee? You're not alone. There are so many choices that it can turn into a big hassle to find lower rates.
These 5 discounts can lower your rates
Car insurance companies don't always advertise every discount in a way that's easy to find, so we break down some of the more common and the harder-to-find car insurance savings.
- Claim Free - Drivers with accident-free driving histories can save substantially when compared to drivers who are more careless.
- Multiple Vehicles - Buying coverage for multiple vehicles on one policy qualifies for this discount.
- New Car Discount - Insuring a new car is cheaper since new cars are generally safer.
- Lower Rates for Military - Having a deployed family member may qualify for rate reductions.
- Anti-theft Discount - Anti-theft and alarm systems help deter theft and therefore earn up to a 10% discount.
It's important to note that most of the big mark downs will not be given to all coverage premiums. Most only reduce the price of certain insurance coverages like comp or med pay. So even though it sounds like it's possible to get free car insurance, you're out of luck.
Are you falling for claims of savings?
Car insurance providers like Progressive, Allstate and GEICO continually stream ads on television and other media. They all say the same thing that you can save after switching your coverage to them. How can each company make the same claim? This is how they do it.
All companies are able to cherry pick for the type of customer that earns them a profit. For example, a driver they prefer could be a mature driver, has no driving citations, and drives newer vehicles. Any new insured who fits that profile will get the preferred rates and as a result will probably save when they switch companies.
Potential customers who are not a match for the requirements will be quoted a more expensive rate which usually ends up with business going elsewhere. The ads state "drivers who switch" not "everybody who quotes" save that much money. That's the way insurance companies can claim big savings. This emphasizes why drivers should get as many comparisons as possible. It's just too difficult to predict which car insurance company will give you the biggest savings.
Additional detailed information can be found at the West Virginia Insurance Commission website. Consumers can read industry bulletins, report car insurance fraud, and file complaints about an insurance agent or broker.
Final considerations
Consumers change insurance companies for any number of reasons including high rates after DUI convictions, lack of trust in their agent, delays in paying claims and even unfair underwriting practices. Regardless of your reason for switching companies, switching car insurance companies is less work than it seems.
Lower-priced car insurance can be purchased from both online companies as well as from independent agents in Follansbee, and you need to price shop both to have the best rate selection. A few companies don't offer you the ability to get quotes online and these regional insurance providers work with independent agents.
When trying to cut insurance costs, it's not a good idea to skimp on coverage in order to save money. There are too many instances where someone sacrificed uninsured motorist or liability limits only to regret that it was a big mistake. Your strategy should be to get the best coverage possible for the lowest price while still protecting your assets.
