8 Tricks Shown to Lower Car Insurance Costs in Contoocook

Nobody I know cherishes buying car insurance, especially when they are paying too much.

You have so many to buy insurance from, and even though it's nice to have multiple companies, lots of choices makes it harder to compare rates.

Save big with these eight discounts

Insurance can cost an arm and a leg, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you complete an application, but lesser-known reductions have to be specially asked for before they will apply.

  • More Vehicles More Savings - Insuring multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Auto/Home Discount - If you have multiple policies with the same company you may earn at least 10% off all policies.
  • No Claims - Good drivers with no accidents can earn big discounts when compared with drivers who are more careless.
  • Accident Forgiveness - Certain companies will forgive one accident before your rates go up so long as you haven't had any claims for a set time period.
  • Theft Prevention Discount - Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education in high school.
  • Fewer Miles Equal More Savings - Keeping the miles down can qualify you for a substantially lower rate.
  • Pay Upfront and Save - By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.

A little note about advertised discounts, some of the credits will not apply to your bottom line cost. A few only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will bring down your overall premium however.

But I don't know anything about car insurance

When it comes to buying proper insurance coverage for your vehicles, there isn't really a "perfect" insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions might point out if your situation would benefit from professional advice.

  • Am I covered when driving on a suspended license?
  • Am I covered when driving in Canada or Mexico?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Does my policy cover me when driving someone else's vehicle?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is rental equipment covered for theft or damage?
  • Is my dog or cat covered if injured in an accident?

If you can't answer these questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Car insurance ads bend the truth

Allstate, GEICO and Progressive regularly use ads on TV and radio. All the companies have a common claim about savings if you move your policy. How does each company make the same claim?

Insurance companies have a certain "appetite" for the right customer that earns them a profit. An example of a profitable customer could be a mature driver, owns a home, and chooses high deductibles. Any new insured that hits that "sweet spot" receives the best rates and most likely will save when switching.

Consumers who fall outside these standards must pay higher rates and this can result in business going elsewhere. Company advertisements say "customers that switch" not "people who quote" save that kind of money. That is how companies can truthfully state the savings.

This illustrates why you should get as many comparisons as possible. It's just too difficult to predict which company will give you the biggest savings.

For more New Hampshire car insurance information

Additional information is available on the website for the New Hampshire Insurance Department located here. Consumers can report car insurance fraud, read consumer alerts, read industry bulletins, and learn about insurance regulations.

Contoocook car insurance quote

Do the work, save more money

Cheaper car insurance is definitely available from both online companies in addition to many Contoocook insurance agents, and you need to price shop both to get a complete price analysis. Some insurance companies do not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

When buying insurance coverage, never buy lower coverage limits just to save a few bucks. In too many instances, an insured cut comprehensive coverage or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to buy enough coverage at a price you can afford while not skimping on critical coverages.