Tightwads Guide to Saving on Beulaville Auto Insurance

Are you sick and tired of not being able to afford each month for car insurance? You're in the same situation as the majority of other car owners in North Carolina.

Since consumers have many different company options, it is very difficult to find the most cost effective insurer.

Learn How to Buy Auto Insurance Cheaper

Consumers need to have an understanding of the rating factors that play a part in calculating auto insurance rates. When you know what positively or negatively impacts premium levels helps enable you to make changes that will entitle you to lower auto insurance prices.

  • Do you work long hours in a high stress job? - Careers like lawyers, executives and stock brokers are shown to have the highest rates because of high stress levels and lengthy work days. On the other hand, occupations like farmers, students and retirees pay the least.
  • Theft deterrents lower rates - Driving a car with an alarm system can help lower your rates. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your vehicle from being stolen.
  • Low deductibles can be expensive - Physical damage deductibles define the amount you are willing to pay out-of-pocket in the event of a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, is used to repair 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 higher the amount the insured has to pay upfront, the less your company will charge you for insurance.
  • Better credit scores mean better rates - Having a bad credit score is a important factor in your rate calculation. Consumers who have excellent credit tend to be less risk to insure than drivers who have lower credit scores. If your credit is low, you could save money insuring your by improving your rating.
  • Too many auto insurance claims drive up costs - Companies in North Carolina give discounts to insureds who do not rely on their insurance for small claims. If you file claims often, you can expect either policy cancellation or increased premiums. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Being married can save on auto insurance - Having a spouse helps lower the price on your auto insurance policy. Having a significant other usually means you are more responsible and it's proven that drivers who are married are more cautious.
  • Little extras can really add up - There are quite a few extra bells and whistles that can waste your money if you aren't careful. Things like vanishing deductibles, accident forgiveness and membership fees may be wasting your money. These may sound like a good investment when you first buy your policy, but your needs may have changed so remove them from your policy.

Policy discounts you shouldn't miss

Companies don't list every discount very well, so we break down some of the best known as well as the least known ways to save on auto insurance.

  • No Claims - Claim-free drivers can save substantially when compared to accident-prone drivers.
  • Pay Now and Pay Less - If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
  • Homeowners Pay Less - Simply owning a home may earn you a small savings because maintaining a house is proof that your finances are in order.
  • Passive Restraint Discount - Cars that have air bags can receive discounts of 20% or more.
  • Driver's Ed - Cut your cost by having your teen driver successfully complete driver's ed class if offered at their school.
  • Paperwork-free - Certain companies give back up to $50 for buying your policy online.

As a disclaimer on discounts, many deductions do not apply to the entire cost. Most only apply to individual premiums such as comp or med pay. Just because it seems like you can get free auto insurance, auto insurance companies aren't that generous.

To choose insurance companies with discount auto insurance rates in North Carolina, click this link.

Save $429 a year? Really?

Auto insurance providers like Progressive, Allstate and GEICO consistently run television and radio advertisements. They all make the same claim about savings if you change your policy. But how can every company say the same thing?

All companies can use profiling for the right customer that makes them money. For example, a driver they prefer might be profiled as a mature driver, has no tickets, and chooses high deductibles. A propective insured who matches those parameters is entitled to the best price and is almost guaranteed to save a lot of money.

Drivers who don't qualify for this ideal profile will be quoted higher premiums which leads to business not being written. Company advertisements say "customers that switch" but not "drivers who get quotes" save that kind of money. That's why companies can truthfully state the savings. This emphasizes why you should get a wide range of price quotes. It's not possible to predict the company that will give you the biggest savings.

Even more information can be found at the North Carolina Department of Insurance website. North Carolina drivers can read industry bulletins, view a list of available companies, report car insurance fraud, and find out industry alerts.

Other informative sites include this online resource for auto insurance quotes in North Carolina and this list of insurance agents in Beulaville.

compare Beulaville auto insurance rates

Final considerations

Cheap auto insurance can be sourced on the web in addition to many Beulaville insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and these regional insurance providers work with independent agents.

When buying insurance coverage, don't be tempted to buy poor coverage just to save money. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your strategy should be to buy enough coverage at a price you can afford while still protecting your assets.