How to Know You're Spending Too Much for Auto Insurance in Clearwater

Having to pay for overpriced auto insurance can empty your savings account and make it impossible to make ends meet. Comparing price quotes is free and is an excellent way to help make ends meet.

There are many to buy insurance from, and even though it's nice to have multiple companies, it makes it harder to compare rates.

It's important to check auto insurance prices yearly because prices are constantly changing. Even if you got the lowest price a year ago you will most likely find a better rate today. Ignore everything you know about auto insurance because we're going to demonstrate the tricks you need to know to get good coverage at a lower rate.

Finding affordable coverage in Clearwater is quite easy. If you currently have a car insurance policy, you should be able to cut costs considerably using this information. Nevertheless, Nebraska drivers do need to know the way companies price insurance differently because it can help you find the best coverage.

Be sure to get all your discounts

Auto insurance companies don't always list all their discounts very clearly, so we researched both well-publicized as well as the least known ways to save on auto insurance.

Auto/Life Discount - Larger companies have a discount if you purchase life insurance.
Save over 55 - If you qualify as a senior citizen, you may be able to get reduced rates.
Good Student Discount - Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
Own a Home - Owning a house in Clearwater may earn you a small savings due to the fact that maintaining a home shows financial diligence.
Drivers Education - Make teen driver coverage more affordable by requiring them to complete a driver education course if it's offered in school.
Payment Method - If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
Sign Online - A few companies will discount your bill up to fifty bucks simply for signing over the internet.

It's important to understand that most discount credits are not given to your bottom line cost. The majority will only reduce individual premiums such as collision or personal injury protection. So when it seems like adding up those discounts means a free policy, it doesn't quite work that way.

How do I know if I need professional advice?

When it comes to buying the best auto insurance coverage for your personal vehicles, there isn't really a cookie cutter policy. Everyone's needs are different so this has to be addressed. For example, these questions can help discover whether or not you might need an agent's assistance.

When does my teenage driver need to be added to my policy?
Am I covered by my employer's commercial auto policy when driving my personal car for business?
Do I need to file an SR-22 for a DUI in Nebraska?
Does my policy cover my teen driver if they drive my company car?
Is my cargo covered for damage or theft?
What can I do if my company won't pay a claim?
Does my liability insurance cover pulling a trailer or camper?

If it's difficult to answer those questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Is there truth in advertising?

Auto insurance companies such as GEICO, State Farm and Progressive continually stream television and radio advertisements. They all seem to make the same claim of big savings after switching to them. How does each company make almost identical claims?

Insurance companies have a preferred profile for the type of driver that earns them a profit. For instance, a desirable insured could possibly be between the ages of 30 and 50, has no prior claims, and has excellent credit. A customer getting a price quote who matches those parameters gets the lowest rates and is almost guaranteed to save when switching.

Potential customers who don't measure up to these standards will have to pay a more expensive rate which leads to the driver buying from a lower-cost company. Company advertisements say "customers that switch" but not "drivers who get quotes" save money. This is how insurance companies can confidently make those claims. Because of the profiling, you should quote coverage with many companies. It's impossible to know which insurance companies will have the lowest rates.

Learn more about auto insurance in Nebraska

More tips and info about auto insurance is located at the Nebraska Department of Insurance website. Nebraska consumers can view agent and company licensing information, read enforcement actions against agents and companies, file complaints about a company, and get help finding coverage.

Final considerations

While you're price shopping online, it's very important that you do not buy lower coverage limits just to save a few bucks. In many instances, consumers will sacrifice liability coverage limits only to discover later they didn't purchase enough coverage. The ultimate goal is to buy the best coverage you can find at a price you can afford.

Low-cost auto insurance can be purchased online and with local Clearwater insurance agents, and you should compare price quotes from both to have the best rate selection. Some companies do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.