Top Ways to Save on Castle Hayne Auto Insurance
No one looks forward to paying for auto insurance, in particular when their premiums are through the roof.
Online insurance companies like GEICO and Progressive promote their brand names with advertising and consumers find it hard to sift through the bull and do the work needed to find the best deal.
It's important to compare prices occasionally because insurance rates are constantly changing. Despite the fact that you may have had the lowest rates two years ago you will most likely find a better rate today. So just forget anything you know (or think you know) about auto insurance because you're about to learn the tricks you need to know to find lower rates on auto insurance.
Save big with these discounts
Insuring your vehicles can cost a lot, but discounts can save money and there are some available to cut the cost considerably. A few discounts will automatically apply at the time of quoting, but lesser-known reductions have to be specially asked for before you will receive the discount.
- Accident Forgiveness - A handful of insurance companies permit an accident before your rates go up as long as you don't have any claims for a set time period.
- Anti-lock Brake System - Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
- Save over 55 - If you qualify as a senior citizen, you may be able to get a small decrease in premiums.
- Claim Free - Good drivers with no accidents can save substantially as compared to drivers who are more careless.
- Drive Less and Save - Fewer annual miles can earn discounted rates on garaged vehicles.
- Clubs and Organizations - Participating in a civic or occupational organization is a good way to get lower rates on auto insurance.
As a disclaimer on discounts, most discount credits are not given to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, auto insurance companies aren't that generous. Any amount of discount will reduce your overall premium however.
But I don't know anything about car insurance
When it comes to buying adequate coverage for your vehicles, there really is not a one size fits all plan. Everyone's needs are different so your insurance should reflect that These are some specific questions might point out if your situation might need professional guidance.
- Does my policy cover me when driving someone else's vehicle?
- Do I need PIP (personal injury protection) coverage in North Carolina?
- Should I put collision coverage on all my vehicles?
- Are there companies who specialize in insuring high-risk drivers?
- Is my nanny covered when driving my vehicle?
- Are rental cars covered under my policy?
- Am I covered if I wreck a rental car?
If you're not sure about those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Auto insurance ads bend the truth
Auto insurance companies such as State Farm, GEICO and Progressive continually stream ads on TV and radio. They all seem to make an identical promise about savings after switching your coverage to them. How can each company make almost identical claims?
Insurance companies have a certain "appetite" for the type of customer that earns them a profit. For example, a desirable insured could possibly be between 30 and 50, owns a home, and chooses high deductibles. A driver who meets those qualifications gets the lowest rates and most likely will save when they switch companies.
Potential insureds who fall outside the requirements will have to pay more money and ends up with the driver buying from a lower-cost company. Company advertisements say "people who switch" not "people who quote" save that much money. That is how companies can truthfully state the savings.
Because of the profiling, you should get a wide range of price quotes. It is impossible to predict which company will give you the biggest savings.
For more North Carolina car insurance information
Additional information can be found on the website for the North Carolina Department of Insurance through this link. North Carolina consumers can learn about insurance regulations, read consumer alerts, read industry bulletins, and find out which companies have the most complaints.
The best insurance company isn't always the cheapest
Cheap auto insurance can be bought online as well as from independent agents in Castle Hayne, so compare prices from both to have the best chance of lowering rates. Some insurance companies don't offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
When buying insurance coverage, it's a bad idea to buy lower coverage limits just to save a few bucks. In many cases, an insured cut uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your aim should be to buy the best coverage you can find at an affordable rate.
