How to Know You're Wasting Money for Car Insurance in Colonie

Did you fall for a flashy sales pitch and buy overpriced car insurance? Believe me when I say there are lots of people in the same boat.

Insurance companies such as State Farm, Allstate, GEICO and Progressive continually hit you with catchy ads and it is difficult to sift through the bull and find the best price available.

It's important to price shop coverage every six months since rates are constantly changing. Just because you had the best rates last year there may be better deals available now. There is a lot of bad advice regarding car insurance online but we're going to give you some great ways to stop overpaying for insurance.

Colonie car insurance quote

These discounts can lower your rates

Auto insurance companies do not advertise every available discount in a way that's easy to find, so the following is a list of both the well known as well as the least known ways to save on car insurance.

  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Homeowners Discount - Being a homeowner may earn you a small savings because owning a home demonstrates responsibility.
  • Passive Restraint Discount - Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • Payment Discounts - If paying your policy premium upfront rather than paying monthly you could save 5% or more.
  • Save with a New Car - Buying coverage on a new vehicle can save up to 30% compared to insuring an older model.
  • Drivers Ed for Students - Require your teen driver to take driver's ed class in school.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as comprehensive or collision. Just because it seems like you could get a free car insurance policy, you won't be that lucky.

For a list of providers offering car insurance discounts in Colonie, click this link.

Comprehensive Colonie Car Insurance Comparison

Most major insurance companies provide coverage price quotes directly from their websites. Getting quotes doesn't take a lot of time as you simply enter the coverages you want as detailed in the form. Once entered, the system will obtain information on your driving record and credit history and gives you a price quote based on many factors. Online quotes makes it a lot easier to compare rates but the process of having to visit many different websites and complete many quote forms can be a bit tiresome and repetitive. But it's very important to get many rate quotes if you want to find better car insurance pricing.

Quote rates the easy way

A more efficient way to lower your rates is to use a quote form to return rates from a bunch of companies at once. The form is fast, requires much less work on your part, and makes comparison shopping much easier to do. After sending your information, it gets priced and you can choose your choice of the quotes that you receive. If a lower price is quoted, you can click and sign and buy the new coverage. The whole process can be completed in a matter of minutes and you will find out if you're overpaying now.

To find out what other companies charge, click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend that you enter the coverage information as close as possible to your current policy. This helps ensure you are getting a fair comparison based on identical coverages.

Do the work, save more money

As you prepare to switch companies, it's not a good idea to sacrifice coverage to reduce premiums. Too many times, someone sacrificed collision coverage and discovered at claim time that the small savings ended up costing them much more. The aim is to get the best coverage possible at a price you can afford, not the least amount of coverage.

Cheaper car insurance is available both online in addition to many Colonie insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who do not provide online quoting and many times these small insurance companies only sell through independent insurance agents.

We just covered some good ideas how to get a better price on car insurance. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the biggest savings come from a small local company. These companies may cover specific market segments cheaper than the large multi-state companies such as .