Comparison Shop Floral Park Auto Insurance Prices With These Methods

Buying affordable Floral Park auto insurance on the internet can seem to be intimidating for consumers not familiar with price shopping online. Since there are so many online companies, how can you effectively compare every company to locate the best pricing?

It's important to check auto insurance prices on a regular basis because prices are constantly changing. Even if you got the best price last year a different company probably has better rates today. Block out anything you think you know about auto insurance because you're about to learn the only way to find better coverage at a better price.

Choosing the best insurance company for you in Floral Park is quite easy. If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using these techniques. Nevertheless, New York consumers do need to know the methods companies use to price online insurance and apply this information to your search.

Don't pay full price with these discounts

Companies don't always advertise all their discounts very well, so we took the time to find both the well known and the more hidden auto insurance savings.

Discount for Life Insurance - Larger companies have a break if you buy a life insurance policy as well.
Accident Waiver - Some insurance companies permit an accident before your rates go up as long as you don't have any claims prior to the accident.
Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and qualify for as much as a 10% discount.
Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
Good Student Discount - Performing well in school can get you a discount of up to 25%. This discount can apply until age 25.
Senior Citizens - If you qualify as a senior citizen, you may qualify for reduced rates.
Accident Free - Drivers who don't have accidents can save substantially as compared to drivers who are more careless.

It's important to understand that most credits do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, it doesn't quite work that way.

What determines how much you pay?

Smart consumers have a good feel for some of the elements that go into determining the rates you pay for auto insurance. When you know what positively or negatively determines base rates allows you to make educated decisions that may reward you with lower auto insurance prices.

Listed below are a few of the "ingredients" companies use to determine rates.

The more you drive the more you pay - The more miles you rack up on your car in a year's time the more you will pay for auto insurance. Most companies charge to insure your cars determined by how the vehicle is used. Vehicles left parked in the garage qualify for better rates as compared to vehicles used primarily for driving to work. Make sure your auto insurance policy properly reflects how each vehicle is driven.
Battle of the sexes - Statistics have proven women tend to be less risk to insure than men. That doesn't necessarily mean that women are better drivers. Women and men cause accidents in similar percentages, but the males cause more damage. They also get cited for more serious violations like DUI and reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore are the most expensive to insure.
Better credit means lower rates - Credit score is a large factor in determining what you pay for auto insurance. Therefore, if your credit score is lower than you'd like, you could potentially save money when insuring your by improving your rating. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers with poor credit.
Multiple policies with one company can save - Most companies will give a discount to insureds who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, you may still want to compare other company rates to make sure you are getting the best deal.
Cautious drivers pay less - Good drivers receive lower rates than bad drivers. Just one citation can increase rates by as much as thirty percent. Drivers who have serious citations like DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to continue driving.
Your job and insurance rates - Did you know your occupation can influence how much you pay for auto insurance? Jobs such as lawyers, architects and stock brokers tend to pay the highest rates attributed to job stress and lengthy work days. On the other hand, jobs such as pilots, students and homemakers have the lowest average rates.

The auto insurance bait and switch

Auto insurance companies such as GEICO, State Farm and Progressive constantly bombard you with ads in print and on television. They all seem to say the same thing of big savings if you switch to them. But how can every company claim to save you money?

All companies have a preferred profile for the type of driver that earns them a profit. For example, a desirable insured might be over the age of 40, insures multiple vehicles, and drives newer vehicles. A customer getting a price quote who fits that profile is entitled to the best price and therefore will save a lot of money.

Potential customers who don't measure up to this ideal profile will have to pay a higher premium which usually ends up with the customer not buying. The ads state "people who switch" not "everyone that quotes" save money. This is how insurance companies can confidently claim big savings. Because of the profiling, drivers should compare many company's rates. It's impossible to know which insurance companies will give you the biggest savings.

For more New York auto insurance information

More tips and info about auto insurance can be found at the New York Department of Financial Services website. Visitors are able to file complaints about an insurance agent or broker, learn about insurance regulations, and find out industry alerts.

Also read more on Wikipedia and this page where you can research Floral Park insurance agents.

The best insurance company isn't always the cheapest

When trying to cut insurance costs, do not skimp on coverage in order to save money. In many instances, drivers have reduced physical damage coverage only to regret at claim time that it was a big mistake. The ultimate goal is to buy a smart amount of coverage at an affordable rate.

Low-cost auto insurance can be found both online and with local Floral Park insurance agents, and you need to comparison shop both to have the best rate selection. A few companies do not offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

We covered a lot of tips how to reduce auto insurance prices online. The key thing to remember is the more rate quotes you have, the better chance you'll have of finding lower rates. Consumers may even find the lowest premiums are with an unexpected company.