Easy Techniques to Cut Costs on Carrboro Auto Insurance

Cutting costs on Carrboro auto insurance is nearly impossible for beginners to shopping for insurance online. Drivers have so many options that it can easily become a big hassle to find the best price in Carrboro.

Locating the cheapest auto insurance in Carrboro can be fairly easy. If you have a policy now or need new coverage, you can follow these tips to find the best rates and possibly find even better coverage. North Carolina vehicle owners just need to know the proper methods to compare prices on the web.

How much can you save with discounts?

Insurance can be prohibitively expensive, but discounts can save money and there are some available that you may not know about. A few discounts will automatically apply when you purchase, but some may not be applied and must be asked for before being credited. If you're not getting every credit available, you're paying more than you need to.

Lower Rates for Military - Being deployed with a military unit could be rewarded with lower premiums.
Claim Free - Claim-free drivers pay less when compared with bad drivers.
Multiple Cars - Buying insurance for all your vehicles on the same auto insurance policy qualifies for this discount.
Paperless Signup - A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
Fewer Miles Equal More Savings - Low mileage vehicles could qualify for a substantially lower rate.
Auto/Home Discount - When you combine your home and auto insurance with one company you will save approximately 10% to 15%.
Homeowners Pay Less - Owning a home in Carrboro can save you money because maintaining a house demonstrates responsibility.
Drivers Education - Have your child enroll in driver's education if offered at their school.
Employee of Federal Government - Being employed by or retired from a federal job may qualify you for a discount depending on your company.
Passive Restraints and Air Bags - Vehicles equipped with air bags may earn rate discounts of more than 20%.

Drivers should understand that some credits don't apply to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn't make money that way. But all discounts will bring down the amount you have to pay.

To see a list of insurers with discount auto insurance rates in North Carolina, click here.

Cheap Carrboro Auto Insurance Comparisons

Performing a rate comparison can be a lot of work if you aren't aware of the most efficient way. You can waste a lot of time talking about coverages with local insurance agents in Carrboro, or you can stay home and use the web to achieve your goal.

Many insurance companies belong to a marketplace that allows shoppers to complete one form, and at least one company provides a quote based on that data. This prevents consumers from doing quote requests for each company you want a rate for.

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

The one disadvantage to getting quotes like this is that consumers can't choose which carriers to get pricing from. So if you prefer to pick specific insurance companies to request quotes from, we have a page of the cheapest auto insurance companies in North Carolina. Click here to view list.

Whichever method you choose, ensure you're using identical quote information for each comparison quote. If you have mixed coverages it will be very difficult to determine the lowest rate in Carrboro.

How to Lower your Auto Insurance Rates

An important part of buying insurance is that you know the factors that play a part in calculating the price you pay for auto insurance. Knowing what controls the rates you pay empowers consumers to make smart changes that could result in big savings.

Safer cars are cheaper to insure - Vehicles with good safety scores get lower rates. Safe vehicles protect occupants better and lower injury rates translates into fewer and smaller insurance claims and thus lower rates.
Do you work long hours in a high stress job? - Occupations such as real estate brokers, social workers and financial analysts have higher average rates in part from stressful work requirements and lots of time spent at work. Conversely, occupations like farmers, engineers and retirees get better rates.
Don't sacrifice liability coverage - Your policy's liability coverage will protect you if a court rules you are at fault for personal injury or accident damage. It provides you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not skimp.
Having a spouse can save you money - Getting married helps lower the price on auto insurance. Having a spouse translates into being more mature than a single person it has been statistically shown that drivers who are married are more cautious.
Bump up deductibles to save - The deductibles represent how much money you are willing to pay out-of-pocket if you file a covered claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, insures against damage to your car. A few examples of covered claims could be colliding with a building, damage from fire, and burglary. The more expense you have to pay, the less your company will charge you for insurance.
Traffic violations increase rates - Whether or not you get tickets has a lot to do with how much you pay for insurance. 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 than their less careful counterparts. Drivers with dangerous tickets such as DUI or reckless driving are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
More claims means more premium - Auto insurance companies in North Carolina generally give lower rates to people who do not file claims often. If you file claims often, you can definitely plan on either policy cancellation or increased premiums. Insurance coverage is designed for major claims that would cause financial hardship.
Do you know you're credit rating? - A driver's credit score is a huge factor in your rate calculation. People with good credit tend to be more responsible as compared to drivers with lower credit ratings. If your credit history is low, you could pay less to insure your by spending a little time repairing your credit.

Save 15 percent in 15 minutes? Is it for real?

North Carolina consumers can't get away from ads for the lowest price auto insurance from the likes of 21st Century, Allstate and State Farm. All the companies have a common claim that you'll save big if you change your coverage to them.

How does each company make almost identical claims? This is how they do it.

All the different companies can use profiling for the type of customer that is profitable for them. A good example of a profitable customer could possibly be between 30 and 50, is a homeowner, and drives newer vehicles. A driver that hits that "sweet spot" will get very good rates and is almost guaranteed to save when switching.

Consumers who don't meet these standards must pay higher prices and this can result in the driver buying from a lower-cost company. The ads say "drivers who switch" but not "drivers who get quotes" save that much money. That's why companies can claim big savings.

This illustrates why drivers must get quotes from several different companies. It is impossible to predict the company that will give you the biggest savings.

And the best car insurance company is...

Budget-conscious auto insurance can be sourced online as well as from independent agents in Carrboro, so compare prices from both in order to have the best price selection to choose from. A few companies don't offer the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

Drivers leave their current company for any number of reasons including delays in responding to claim requests, high rates after DUI convictions, lack of trust in their agent or an unsatisfactory settlement offer. It doesn't matter what your reason, switching auto insurance companies is actually quite simple.

When trying to cut insurance costs, never reduce coverage to reduce premium. There are a lot of situations where an accident victim reduced full coverage and found out when filing a claim that it was a big mistake. The proper strategy is to find the BEST coverage for the lowest price while not skimping on critical coverages.

Learn more today

Much more information about auto insurance in North Carolina can be read on the North Carolina Department of Insurance website. Click here for link. North Carolina consumers can find disaster information, read industry bulletins, and find out which companies have the most complaints.