5 Discounts Fort Gratiot Drivers Forget when Buying Car Insurance

If you are a novice to online car insurance shopping, it's easy to get confused because of the huge number of car insurance companies all offering big savings in Fort Gratiot.

It's important to check car insurance prices occasionally since rates are constantly changing. If you had the best price last year a different company probably has better rates today. Ignore everything you know about car insurance because I'm going to let you in on the secrets to one of the easiest ways to properly buy coverages while reducing your premium.

Policy discounts you shouldn't miss

Auto insurance companies do not list all their discounts in an easy-to-find place, so we took the time to find both the well known and also the lesser-known car insurance savings.

Bundle and Save - If you have multiple policies with one company you may earn approximately 10% to 15%.
Theft Prevention System - Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
Student Driver Training - Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
Defensive Driving Course - Taking part in a defensive driving course can save you 5% or more if you qualify.
Passive Restraints - Factory air bags or motorized seat belts can get savings of 20% or more.

As a disclaimer on discounts, most credits do not apply to your bottom line cost. Most only cut specific coverage prices like collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, car insurance companies aren't that generous.

Insurance agents can help

When it comes to buying the right insurance coverage for your vehicles, there is no "best" method to buy coverage. Your needs are not the same as everyone else's.

For example, these questions might point out whether your personal situation would benefit from professional advice.

What is the difference between comprehensive and collision coverage?
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?
Should I rate my vehicle as pleasure use or commute?
What are the best liability limits?
Should I drop comprehensive coverage on older vehicles?
Do I have coverage when using my vehicle for my home business?

If you don't know the answers to these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form.

Save $429 a year? Really?

Car insurance companies such as GEICO, State Farm and Progressive regularly use television and radio advertisements. They all seem to say the same thing about savings if you move to them. How do they all claim to save you money? It's all in the numbers.

All the different companies have a certain "appetite" for the type of driver that earns them a profit. For example, a desirable insured might be a mature driver, owns a home, and drives newer vehicles. Any new insured who fits that profile will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't qualify for the "perfect" profile will have to pay a higher premium which usually ends up with the customer not buying. The ad wording is "customers who switch" but not "drivers who get quotes" save money. That is how companies can truthfully claim big savings. Because of the profiling, drivers should quote coverage with many companies. It's just too difficult to predict which company will give you the biggest savings.

For more Michigan car insurance information

Even more information can be found at the Michigan Office of Financial and Insurance Regulation website. Visitors are able to view agent and company licensing information, read consumer alerts, and view a list of available companies.

Affordable insurance is out there

When trying to cut insurance costs, you should never skimp on coverage in order to save money. In many instances, an insured cut physical damage coverage only to discover later that it was a big mistake. The ultimate goal is to purchase a proper amount of coverage at the best price.

Consumers who switch companies do it for a variety of reasons including policy non-renewal, extreme rates for teen drivers, poor customer service and even policy cancellation. No matter why you want to switch, finding a new car insurance company is less work than it seems.

We just covered a lot of tips how to reduce car insurance prices online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. Drivers may discover the best price on car insurance is with a small mutual company.