6 Tips Guaranteed to Save on Car Insurance Costs in Bow, NH

Are you overwhelmed by the crazy number of car insurance options in Bow? You have a lot of company. People have so many choices that it can turn into a big hassle to find the perfect company for you.

Compare the Market for Car Insurance in Bow

There are several ways to compare car insurance prices and some are easier and takes less work. You can spend your afternoon talking to insurance agencies in Bow, or you could use the web to get rate comparisons in just a few minutes.

Most of the larger companies are enrolled in a marketplace that allows shoppers to submit one quote, and each company returns a competitive quote. This system prevents you from having to do quote forms to each individual car insurance company.

To submit your quote information now, click here to open in new window.

One minor caviat to comparing rates this way is you are unable to specify which providers to get quotes from. So if you want to select individual companies to compare rates, we put together a list of companies who write car insurance in New Hampshire. View list of New Hampshire insurance companies.

It doesn't matter which method you choose, just compare exactly the same coverages on every quote you get. If you compare different limits and deductibles on each one then you won't be able to determine which rate is truly the best in Bow. Having just a slight variation in coverages may result in large price differences. Just keep in mind that comparing more company's prices will improve the odds of getting lower pricing.

Be sure to get all your discounts

Companies that sell car insurance don't always advertise every discount in a way that's easy to find, so we took the time to find some of the more common and also the lesser-known ways to save on car insurance.

  • No Claims - Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.
  • Military Discounts - Having a family member in the military can result in better rates.
  • Seat Belts Save more than Lives - Buckling up and requiring all passengers to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • Federal Government Employee - Employees or retirees of the government can earn a discount up to 10% with a few car insurance companies.
  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Drivers Ed for Students - Cut your cost by having your teen driver successfully complete driver's ed class in high school.

A little note about advertised discounts, many deductions do not apply the the whole policy. Most cut specific coverage prices like comp or med pay. So even though they make it sound like you would end up receiving a 100% discount, you won't be that lucky.

To choose insurance companies with the best car insurance discounts in Bow, click this link.

Is there truth in advertising?

Car insurance providers like Progressive, Allstate and GEICO regularly use television and radio advertisements. They all make the same claim about savings if you move your policy. How can each company make the same claim? It's all in the numbers.

Different companies are able to cherry pick for the right customer that makes them money. For example, a driver they prefer could be a mature driver, has no tickets, and has great credit. Any new insured who matches those parameters gets the lowest rates and is almost guaranteed to save when they switch companies.

Potential customers who don't measure up to the requirements will be quoted a higher premium which leads to business going elsewhere. The ads say "customers who switch" but not "drivers who get quotes" save that kind of money. That's the way companies can truthfully advertise the savings. This emphasizes why you need to get quotes from several different companies. It's just too difficult to predict which car insurance company will give you the biggest savings.

Even more information can be found at the New Hampshire Insurance Department website. Consumers can read industry bulletins, find disaster information, and find a variety of consumer forms.

car insurance in Bow

Affordable insurance is out there

Insureds who switch companies do it for a variety of reasons including high rates after DUI convictions, delays in responding to claim requests, being labeled a high risk driver or even extreme rates for teen drivers. Regardless of your reason, finding a new car insurance company is easier than you think.

Cheaper car insurance is definitely available from both online companies in addition to many Bow insurance agents, and you need to price shop both to have the best rate selection. There are still a few companies who do not provide online price quotes and these regional insurance providers work with independent agents.

As you prepare to switch companies, it's a bad idea to reduce coverage to reduce premium. There are too many instances where an insured dropped physical damage coverage only to discover later that the small savings ended up costing them much more. Your strategy should be to purchase plenty of coverage at the best price while still protecting your assets.