Car Insurance in Ghent - 7 Discounts You Might be Losing Out On

Are you sick and tired of being strong-armed each month for car insurance? Your situation is no different than the majority of other car owners in New York.

You have so many to pick from, and though it is a good thing to have multiple companies, lots of choices makes it harder to compare rates.

It's important to price shop coverage before your policy renews since rates are constantly changing. Even if you got the best rates last year a different company probably has better rates today. Don't believe everything you read about car insurance online but I'm going to show you some great ways to find cheap car insurance.

This information will let you in on the most effective way to quote insurance and some tips to save money. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these methods. But New York car owners do need to know the way companies price online insurance.

Save big with these seven discounts

The cost of insuring your cars can be expensive, buy you may qualify for discounts that many people don't even know exist. Certain discounts will be applied at the time of quoting, but some may not be applied and must be asked for before you will receive the discount.

  • 55 and Retired - If you qualify as a senior citizen, you may qualify for a discount up to 10%.
  • Employee of Federal Government - Active or retired federal employment could cut as much as 10% off with select insurance companies.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
  • Bundle and Save - If you have multiple policies with the same company you will save at least 10% off all policies.
  • Theft Prevention Discount - Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Drive Less and Save - Driving fewer miles could qualify for lower rates on the low mileage vehicles.

Consumers should know that most credits do not apply to the entire cost. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because you may think adding up those discounts means a free policy, companies don't profit that way. But all discounts will bring down your overall premium however.

Ghent car insurance comparison

Car insurance ads bend the truth

Car insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on TV and radio. They all seem to say the same thing that you'll save big if you switch your policy. How does each company make the same claim? This is how they do it.

Insurance companies can use profiling for the right customer that earns them a profit. A good example of a desirable insured could be between the ages of 30 and 50, is a homeowner, and has great credit. Any new insured who fits that profile will get very good rates and most likely will save when switching.

Potential insureds who fall outside these standards will have to pay more money which usually ends up with business going elsewhere. The ads say "drivers who switch" not "people who quote" save that kind of money. That's why companies can advertise the savings.

Because of the profiling, drivers should get a wide range of price quotes. It's just too difficult to predict the company that will give you the biggest savings.

Learn more today

Much more information about car insurance in New York can be read on the website for the New York Department of Financial Services. Click here for link. Consumers can learn about insurance regulations, download brochures, find out industry alerts, and view agent and company licensing information.

Also read more on this Car Insurance FAQ and this page of insurance agents in Ghent.

Do the work, save more money

As you prepare to switch companies, make sure you don't skimp on coverage in order to save money. There are many occasions where an accident victim reduced full coverage and found out when filing a claim that the small savings ended up costing them much more. Your aim should be to find the BEST coverage for the lowest price.

Discount car insurance can be found from both online companies in addition to many Ghent insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.