7 Best Tricks to Slash Car Insurance Costs in Eagle River, AK
Have you had enough of not being able to afford each month for car insurance? You are in the same boat as the majority of other car owners in Alaska. Insurance companies such as GEICO and Progressive persitently shower you with advertising and it is difficult to sift through the bull and effectively compare rates to find the best deal.
Save big with these seven discounts
Insuring your fleet can be pricey, buy you may qualify for discounts that you may not know about. Most are applied when you purchase, but less common discounts must be asked for before being credited. If you aren't receiving every discount available, you are paying more than you should be.
- Drivers Ed for Students - Cut your cost by having your teen driver successfully complete driver's ed class if offered at their school.
- No Claims - Claim-free drivers can save substantially when compared to accident-prone drivers.
- Organization Discounts - Belonging to a civic or occupational organization could qualify you for a break when shopping for car insurance.
- Employee of Federal Government - Employees or retirees of the government can save as much as 8% with a few car insurance companies.
- Anti-theft Discount - Anti-theft and alarm systems help deter theft and qualify for as much as a 10% discount.
- Military Discounts - Having a deployed family member could be rewarded with lower premiums.
- Paperwork-free - Certain companies will give a small break just for signing your application digitally online.
It's important to note that most of the big mark downs will not be given to the entire cost. Most cut the cost of specific coverages such as liability and collision coverage. So when the math indicates all the discounts add up to a free policy, you're out of luck. But any discount will reduce your overall premium however.
To choose insurance companies with discount car insurance rates in Eagle River, follow this link.
Car insurance ads bend the truth
Consumers can't ignore all the ads for the lowest price auto insurance from companies such as State Farm, Allstate and GEICO. They all say the same thing that you can save if you change your policy.
How can each company make the same claim?
All companies can use profiling for the right customer that makes them money. For example, a driver they prefer could be over the age of 40, is a homeowner, and drives newer vehicles. Any new insured who fits that profile gets the lowest rates and most likely will save when they switch companies.
Consumers who fall outside the requirements will be quoted higher prices which usually ends up with business going elsewhere. The ads say "people who switch" not "people who quote" save that kind of money. That's why insurance companies can claim big savings.
This emphasizes why you should get quotes from several different companies. It's just too difficult to predict the company that will give you the biggest savings.
Learn more today
More information can be found on the website for the Alaska Division of Insurance through this link. Consumers can download brochures, read industry bulletins, find out which companies have the most complaints, and read consumer alerts.
Best coverage at the best price
Lower-priced car insurance can be sourced from both online companies in addition to many Eagle River insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. A few companies do not provide online price quotes and these regional insurance providers work with independent agents.
When trying to cut insurance costs, it's a bad idea to buy poor coverage just to save money. There have been many situations where an accident victim reduced physical damage coverage only to discover later that it was a big mistake. The proper strategy is to purchase plenty of coverage at an affordable rate while still protecting your assets.
