Proven Techniques to Save on Casco Auto Insurance

Are you sick and tired of not being able to afford each month for car insurance? Your situation is no different than most other car owners in Michigan.

Drivers have multiple to buy insurance from, and though it is a good thing to be able to choose, it can be more challenging to compare rates.

Casco Rates are Influenced by These Factors

Consumers need to have an understanding of the different types of things that go into determining auto insurance rates. Knowing what impacts premium levels enables informed choices that will entitle you to big savings.

Listed below are some of the items auto insurance companies consider when setting prices.

High numbers of claims are not good - Companies in Michigan award lower rates to insureds who are claim-free. If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.
Traffic citations inflate rates - A bad driving record has a lot to do with how much you pay for insurance. Even one ticket can boost insurance rates by twenty percent. Careful drivers get better rates than bad drivers. If you have serious violations such as reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with the DMV in their state in order to continue driving.
Lower rates with optional equipment - Driving a car with a theft deterrent system can get you a discount on your auto insurance. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft.
Teen drivers pay high rates - Teenage drivers in Michigan are statistically proven to be careless and easily distracted in a vehicle so they pay higher auto insurance rates. Mature drivers are more cautious drivers, file fewer claims and receive fewer citations.
Pay less if you're married - Getting married can actually save you money on your policy. Having a significant other means you're more responsible and statistics show drivers who are married are more cautious.
Bump up deductibles to save - Deductibles for physical damage define the amount you are willing to pay if you file a covered claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some instances where coverage would apply are running into the backend of another car, collision with an animal, and rolling your vehicle. The more expense you are required to pay out-of-pocket, the less your company will charge you for insurance.
Are you male or female? - The statistics show that women are safer drivers than men. That doesn't necessarily mean that men are worse drivers. They both tend to get into accidents at a similar rate, but the men cause more damage. Men also statistically receive more costly citations like reckless driving and DUI. Youthful male drivers are the most expensive to insure and are penalized with high auto insurance rates.
Safer cars are cheaper to insure - Vehicles with good safety scores can get you lower premiums. The safest vehicles reduce injuries and better occupant protection translates into fewer and smaller insurance claims and thus lower rates.

Compare Casco Auto Insurance Costs

There are several ways of comparing rate quotes and find the best price. One of the best ways to find the cheapest insurance rates is to perform an online rate comparison. This is very easy and can be done in just a few minutes using one of these methods.

The fastest way to get quotes for comparison is to use a rate comparison form click to view form in new window. This easy form saves time by eliminating separate quotes to each individual auto insurance company. In just a few minutes this one form will return quotes instantly.
A less efficient way to get quotes online is to take the time to go to the website of each company to complete a price quote. For example, we'll assume you want rates from , and . To find out each rate you need to visit each site and enter your information, which is why the first method is quicker.

To view a list of companies in Casco, click here.

It's up to you which method you use, but ensure you're using identical coverages and limits for every company. If you have different deductibles then you won't be able to decipher which rate is best in Casco. Quoting even small variations in coverages may cause a big price difference. And when price shopping your coverage, obtaining a wide range of quotes helps locate a lower rate.

Save big with these discounts

Companies don't always advertise every discount very clearly, so the following is a list of some of the best known and also the lesser-known savings tricks you should be using.

Drivers Education - Cut your cost by having your teen driver successfully complete driver's ed class in school.
Employee of Federal Government - Employees or retirees of the government may qualify you for a discount with a few auto insurance companies.
Good Students Pay Less - This discount can be rewarded with saving of up to 25%. The good student discount can last until age 25.
Homeowners Pay Less - Simply owning a home can help you save on auto insurance because owning a home demonstrates responsibility.
Payment Discounts - If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
Distant Student - Kids in college living away from home attending college and do not have a car may qualify for this discount.

A little note about advertised discounts, most discount credits are not given to the entire cost. Some only reduce specific coverage prices like liability and collision coverage. Just because it seems like all those discounts means the company will pay you, you won't be that lucky.

To choose insurance companies offering auto insurance discounts in Michigan, click here to view.

Auto insurance ads bend the truth

Auto insurance providers like State Farm, Allstate and GEICO constantly bombard you with ads on TV and radio. They all make an identical promise about savings if you switch to their company. How does each company say the same thing? It's all in the numbers.

All the different companies can use profiling for the driver that makes them money. A good example of a driver they prefer might be profiled as over the age of 40, is a homeowner, and drives less than 7,500 miles a year. A propective insured who meets those qualifications will get very good rates and most likely will save when switching.

Potential insureds who fall outside these standards will be quoted more money and ends up with business not being written. The ads say "customers who switch" not "people who quote" save that much. That's why companies can truthfully advertise the way they do. This emphasizes why you need to get a wide range of price quotes. It's not possible to predict the company that will provide you with the cheapest rates.

Even more information can be read at the Michigan Office of Financial and Insurance Regulation website. Michigan drivers can download brochures, file complaints about a company, view a list of available companies, and read enforcement actions against agents and companies.

Final considerations

In this article, we covered some good ideas how you can compare auto insurance prices online. The key thing to remember is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the lowest premiums are with some of the smallest insurance companies. These smaller insurers may cover specific market segments cheaper than their larger competitors like .

When shopping online for auto insurance, never reduce coverage to reduce premium. There have been many situations where an accident victim reduced collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The proper strategy is to find the BEST coverage at the best price while still protecting your assets.