How to Know You're Throwing Money Away for Car Insurance in Central Square

Are you sick and tired of being strong-armed each month for car insurance? You're in the same situation as most other car owners in New York. Since consumers have many options when it comes to car insurance, it's nearly impossible to locate the best provider.

It's important to take a look at other company's rates once or twice a year because rates are constantly changing. Even if you got the best rates a year ago you will most likely find a better rate today. You can find a lot of misleading information regarding car insurance online but I'm going to show you some great ways to put money back in your pocket.

Are you getting all your discounts?

Companies don't list all their discounts very well, so the following is a list of some of the more common as well as the least known savings tricks you should be using. If you don't get every credit available, you are throwing money away.

  • 55 and Retired - If you qualify as a senior citizen, you may qualify for better car insurance rates.
  • Service Members Pay Less - Being on active duty in the military could mean lower rates.
  • Anti-lock Brake System - Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
  • Good Students Pay Less - Performing well in school can be rewarded with saving of up to 25%. The good student discount can last until age 25.
  • Passive Restraint Discount - Factory air bags can receive discounts up to 30%.

It's important to note that most discount credits are not given to the entire cost. Most only cut individual premiums such as liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, you're out of luck.

Central Square car insurance comparison

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Consumers get pounded daily by advertisements for the lowest price auto insurance by Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise that you can save if you switch to their company.

But how can every company make the same claim?

All the different companies can use profiling for the driver that earns them a profit. A good example of a desirable insured could be between 25 and 40, has no tickets, and has excellent credit. A customer who meets those qualifications will qualify for the lowest rates and as a result will probably save a lot of money.

Drivers who are not a match for this ideal profile will have to pay a higher premium and ends up with business going elsewhere. The ad wording is "customers that switch" not "everybody who quotes" save that much. That's why insurance companies can make those claims. Because of the profiling, you should compare many company's rates. Because you never know the company that will have the lowest rates.

More New York car insurance information

Additional detailed information can be read at the New York Department of Financial Services website. Consumers can learn about insurance regulations, view a list of available companies, find out industry alerts, and file complaints about a company.

Also read more on this Car Insurance FAQ and this page of insurance agents in Central Square.

compare Central Square car insurance rates

In the end, you save

While you're price shopping online, do not buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped collision coverage and discovered at claim time they didn't purchase enough coverage. Your aim should be to purchase a proper amount of coverage at a price you can afford.

We just showed you some good ideas how you can reduce car insurance prices online. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the most savings is with some of the lesser-known companies. Regional companies often have lower prices on specific markets than the large multi-state companies such as .