Cuba Auto Insurance For Less Than You're Paying Now

Price shopping your Cuba auto insurance is hard for beginners to buying insurance online. Drivers have so many options that it can easily become a big hassle to find the best price in Cuba.

It's important to shop coverage around once or twice a year because prices are constantly changing. If you had the best deal last year the chances are good that you can find a lower rate today. Starting right now, forget all the misinformation about auto insurance because you're going to get a crash course in the proper way to find better rates and still maintain coverage.

These discounts can lower your rates

Car insurance companies don't list all their discounts in an easy-to-find place, so here is a list both the well known and also the lesser-known auto insurance savings.

Homeowners Pay Less - Owning a house in Cuba may trigger a auto insurance policy discount because of the fact that having a home requires personal responsibility.
Student Driver Training - Have your child complete a driver education course in high school.
Drive Less and Save - Keeping the miles down can qualify you for lower rates on the low mileage vehicles.
Defensive Driving Course - Taking a defensive driving course could save 5% or more and easily recoup the cost of the course.
One Accident Forgiven - A few companies allow you one accident before raising your premiums as long as you don't have any claims for a certain period of time.

It's important to note that most of the big mark downs will not be given to the entire cost. Most cut specific coverage prices like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, you're out of luck.

To see a list of companies with the best auto insurance discounts in Cuba, follow this link.

Compare the Market for Auto Insurance in Cuba

Most companies such as State Farm, GEICO and Progressive allow you to get coverage price quotes directly from their websites. This process is fairly simple as you just type in the amount of coverage you want as detailed in the form. Once you submit the form, the system will obtain your driving record and credit report and quotes a price based on many factors.

Online price quotes streamlines rate comparisons, but having to visit multiple sites and complete many quote forms can be a bit repetitive. But it's very important to compare as many rates as possible in order to find better auto insurance pricing.

The preferred way to find cheaper rates uses one form that gets price quotes from many companies. The form is fast, requires less work, and makes online quotes a lot less work. After sending your information, it is rated and you are able to buy any of the price quotes you receive. If you find a better price it's easy to complete the application and purchase the new policy. The entire process only takes a few minutes and could lower your rates considerably.

To find out what other companies charge, click here to open in new window and fill out the form. If you have a policy now, it's recommended you duplicate coverages and limits exactly as shown on your declarations page. This makes sure you will have a rate comparison based on the exact same insurance coverage.

Tips to Get Lower Cuba Rates

An important part of buying insurance is that you know some of the elements that come into play when calculating the rates you pay for auto insurance. Understanding what influences your rates empowers consumers to make smart changes that may reward you with better auto insurance rates.

The list below includes some of the factors used by your company to calculate rates.

Marriage pays dividends - Being married actually saves money when buying auto insurance. It translates into being more mature and statistics show drivers who are married are more cautious.
You might want pay the small claims yourself - If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Car insurance companies in Illinois provide better rates to drivers who do not file claims often. Car insurance is intended for major claims that would cause financial hardship.
Car features impact rates - Driving a car with a theft deterrent system can save you a little every year. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your car from being stolen.
Policy add-ons can waste money - There are a lot of extra bells and whistles that you can buy when buying auto insurance. Coverages like rental car reimbursement, towing coverage and additional equipment coverage are examples of these. These coverages may sound good initially, but now you might not need them so get rid of them and save.
High crash test scores lower rates - Safer cars are cheaper to insure. These vehicles protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you.
Where do you drive? - The more you drive every year the more you will pay for auto insurance. Almost all companies charge to insure your cars based on their usage. Vehicles that are left in the garage can get a lower rate than vehicles that are driven to work every day. Verify your auto insurance policy is showing the correct driver usage, because it can save money.
Sex matters - The statistics show that men are more aggressive behind the wheel. However, don't assume that women are BETTER drivers than men. Men and women are in accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also get cited for more serious violations like DUI and reckless driving.

Are you falling for claims of savings?

Auto insurance companies such as State Farm, GEICO and Progressive regularly use ads on television and other media. They all seem to say the same thing that you can save if you move your coverage to them. How do they all claim to save you money? It's all in the numbers.

Different companies can use profiling for the type of customer that is profitable for them. An example of a desirable insured might be a mature driver, has no tickets, and has great credit. A customer getting a price quote who fits that profile gets the lowest rates and as a result will probably cut their rates substantially.

Consumers who are not a match for the "perfect" profile will have to pay higher rates which usually ends up with the customer not buying. The ads say "customers who switch" not "everybody who quotes" save that much money. That's why insurance companies can advertise the savings. Because of the profiling, drivers must compare as many rates as you can. It's impossible to know the company that will give you the biggest savings.

Do the work, save more money

Lower-priced auto insurance is possible both online as well as from independent agents in Cuba, and you need to price shop both to get a complete price analysis. There are still a few companies who don't offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

Consumers who switch companies do it for a variety of reasons including an unsatisfactory settlement offer, extreme rates for teen drivers, delays in responding to claim requests or delays in paying claims. Regardless of your reason for switching companies, finding a new auto insurance company is actually quite simple.

As you prepare to switch companies, you should never reduce coverage to reduce premium. In many cases, an insured dropped liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your aim should be to purchase plenty of coverage at the best price.

Additional detailed information is available at the Illinois Department of Insurance website. Visitors are able to get help finding coverage, download brochures, and view a list of available companies.