Colerain Auto Insurance For Less Than You're Paying Now

Shopping for affordable Colerain auto insurance online is intimidating for beginners to comparison shopping online. Since there are so many online companies available, how can you possibly compare every one to find the cheapest available price?

This article will help educate you on how car insurance quotes work and some tips to save money. If you have car insurance now, you will be able to save some money using these methods. North Carolina consumers only need to know the most effective way to get comparison quotes on the web.

Take advantage of discounts

Insurance can be prohibitively expensive, but companies offer discounts that you may not know about. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be asked for prior to receiving the credit. If you don't get every credit you deserve, you are throwing money away.

  • Fewer Miles Equal More Savings - Low mileage vehicles can qualify you for a substantially lower rate.
  • Paperless Signup - Certain companies give back up to $50 for buying your policy online.
  • Own a Home - Owning a home in Colerain can save you money because maintaining a house requires personal responsibility.
  • Passive Restraint Discount - Vehicles equipped with air bags or automatic seat belts can receive discounts of 20% or more.
  • Driver's Ed - Make teen driver coverage more affordable by requiring them to enroll in driver's education if offered at their school.
  • Government Employees - Active or retired federal employment can save as much as 8% depending on your company.
  • Student in College - Youth drivers who live away from home and don't have a car may qualify for this discount.

A little note about advertised discounts, some credits don't apply to all coverage premiums. A few only apply to individual premiums such as liability and collision coverage. Just because you may think all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will help reduce your overall premium however.

auto insurance in Colerain

Understand what determines the rate you pay

Smart consumers have a good feel for the factors that play a part in calculating auto insurance rates. When you know what positively or negatively impacts premium levels helps enable you to make changes that could result in lower auto insurance prices.

Shown below are some of the factors that factor into premiums.

  • Don't get talked into coverage you don't need - There are quite a few add-on coverages that you can get tricked into buying if you aren't careful. Things like roadside assistance, accidental death and membership fees are some examples. These may sound like a good investment when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Having a spouse can save you money - Being married helps lower the price on auto insurance. Having a spouse usually means you are more responsible and it's proven that married drivers get in fewer accidents.
  • High deductibles save money - The deductibles represent how much money you are willing to pay out-of-pocket in the event of a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some examples of claims that would be covered are colliding with a building, damage from fire, and rolling your vehicle. The more money the insured has to pay upfront, the bigger discount you will receive.
  • Clean credit earns discounts - A driver's credit score is a important factor in determining what you pay for auto insurance. Consumers who have good credit tend to be less risk to insure than drivers who have poor credit. So if your credit is low, you could potentially save money when insuring your by improving your rating.
  • Frequent auto insurance claims increase rates - Auto insurance companies in North Carolina generally give discounts to insureds who do not rely on their insurance for small claims. If you tend to file frequent claims, you can look forward to either policy cancellation or increased premiums. Auto insurance is intended to be relied upon for the bigger claims that can't be paid out-of-pocket.
  • Do you work long hours in a high stress job? - Occupations such as doctors, social workers and stock brokers are shown to have the highest rates because of high stress levels and lengthy work days. On the other hand, professions such as pilots, students and retirees pay the least.

Are auto insurance companies telling the truth?

North Carolina drivers get pounded daily by advertisements for car insurance savings from companies such as 21st Century, Allstate and State Farm. All the companies have a common claim about savings if you change your policy.

But how can every company say the same thing?

All companies have a preferred profile for the right customer that earns them a profit. An example of a profitable customer might be profiled as a mature driver, insures multiple vehicles, and has great credit. A propective insured that hits that "sweet spot" receives the best rates and most likely will save a lot of money.

Potential customers who don't qualify for this ideal profile must pay higher prices and this can result in business not being written. Company advertisements say "customers that switch" not "people who quote" save that kind of money. This is how companies can truthfully advertise the savings.

This illustrates why drivers should get a wide range of price quotes. It's not possible to predict which insurance companies will give you the biggest savings.

For more North Carolina auto insurance information

Additional information is available on the North Carolina Department of Insurance website located here. North Carolina drivers can discover disciplinary actions, get help finding coverage, and report car insurance fraud.

Also read more on this resource for North Carolina auto insurance prices and this page of Colerain insurance agents.

A tidy conclusion

The cheapest auto insurance can be sourced on the web in addition to many Colerain insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

In this article, we covered a lot of ways to reduce auto insurance prices online. It's most important to understand that the more companies you get rates for, the higher the chance of saving money. Consumers may even find the best price on auto insurance is with a small local company.

Drivers leave their current company for a number of reasons such as delays in responding to claim requests, an unsatisfactory settlement offer, lack of trust in their agent and even poor customer service. No matter why you want to switch, choosing a new insurance company is less work than it seems.