Find Cheaper Gibsonville Car Insurance

Are you overwhelmed by the wide range of car insurance companies in Gibsonville? Lot's of other consumers are too. Consumers have so many choices that it can turn into a challenge to find the lowest price.

It's important to shop coverage around at least once a year because rates are constantly changing. Just because you had the best rates last year the chances are good that you can find a lower rate today. You can find a lot of wrong information about car insurance online but I'm going to show you some great ways to save money.

Don't pay full price with these discounts

The cost of insuring your cars can be expensive, buy you may qualify for discounts that you may not even be aware of. Most are applied when you purchase, but some may not be applied and must be asked for before being credited.

55 and Retired - Mature drivers may qualify for a small decrease in premiums.
Defensive Driver - Completing a driver safety course could possibly earn you a 5% discount and easily recoup the cost of the course.
Passive Restraints - Factory air bags and/or automatic seat belt systems can get savings of 20% or more.
Drive Less and Save - Driving fewer miles could qualify for lower rates on the low mileage vehicles.
Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
No Charge for an Accident - A few companies allow you one accident before raising your premiums as long as you don't have any claims prior to the accident.

As a disclaimer on discounts, most credits do not apply the the whole policy. The majority will only reduce specific coverage prices like liability, collision or medical payments. Just because you may think it's possible to get free car insurance, car insurance companies aren't that generous. Any amount of discount will cut your premiums.

To see a list of companies offering car insurance discounts in Gibsonville, follow this link.

How to Compare Gibsonville Car Insurance Costs

There are multiple methods to compare car insurance prices but one way is more efficient than others. You can waste a lot of time talking about coverages with agents in Gibsonville, or you could use the web to get pricing more quickly.

Many insurance companies are enrolled in a marketplace that enables customers to submit one quote, and at least one company then gives them pricing. This eliminates the need for quote requests to each individual car insurance company. To submit your quote information now, click to open in new window.

The one disadvantage to getting quotes like this is that you can't choose which carriers to receive prices from. So if you want to select specific providers for rate comparison, we put together a list of companies who write car insurance in North Carolina. Click here for list of insurance companies in North Carolina.

Which method you use is up to you, but compare the exact same coverages and limits for each comparison quote. If you are comparing different deductibles you can't possibly determine the lowest rate in Gibsonville. Just a small difference in coverages may result in large price differences. Just keep in mind that comparing more company's prices will increase your chances of finding a lower rate.

Tips to Get Lower Gibsonville Rates

An important part of buying insurance is that you know some of the elements that go into determining your car insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with lower car insurance prices.

Listed below are some of the items used by your company to calculate rates.

Are you male or female? - Statistics demonstrate that men are more aggressive behind the wheel. That doesn't necessarily mean that women are BETTER drivers than men. Women and men cause accidents at a similar rate, but the males cause more damage. They also get cited for more serious violations such as reckless driving. Youthful male drivers are the most expensive to insure and therefore have the most expensive car insurance rates.
Don't get talked into coverage you don't need - There are many extra coverages that you can buy on your policy. Coverages like personal injury protection, towing coverage and additional equipment coverage are examples of these. These may sound like a good investment initially, but now you might not need them so get rid of them and save.
How's your driving record? - Your driving citation history impacts your car insurance rates tremendously. Drivers who don't get tickets get better rates than bad drivers. Just one moving violation can bump up the cost forty percent or more. Drivers who have serious citations such as DUI or reckless driving may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.
Multiple policies with one company can save - Most companies will give a discount to policyholders who buy several policies from them. It's known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even if you're getting this discount it's still a good idea to compare rates to verify if the discount is saving money. You may still be able to find a better deal by insuring with multiple companies.
High credit ratings translate to low rates - Credit score is a big factor in calculating your car insurance rates. Therefore, if your credit rating is lower than you'd like, you could pay less to insure your by repairing your credit. People with good credit tend to be more responsible than drivers who have poor credit.
Big city or small town - Choosing to live in a rural area can be a good thing when it comes to car insurance. Fewer people means a lower chance of having an accident and a lower car theft rate. Drivers in populated North Carolina areas have to deal with much more traffic to deal with and longer commute times. More time on the road translates into higher accident risk.
Mature drivers pay less - Older insureds are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel. Young drivers are statistically proven to be more careless when behind the wheel therefore car insurance rates are much higher.

The car insurance bait and switch

Car insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads in print and on television. They all seem to say the same thing about savings if you switch your coverage to them. How do they all make the same claim? It's all in the numbers.

All companies are able to cherry pick for the type of customer that is profitable for them. A good example of a desirable insured could be over the age of 40, has no tickets, and drives newer vehicles. A customer who fits that profile gets the lowest rates and therefore will cut their rates substantially.

Consumers who don't measure up to the "perfect" profile will have to pay higher prices which usually ends up with business going elsewhere. Company advertisements say "customers who switch" not "everyone that quotes" save that much money. That's the way companies can truthfully claim big savings.

Because of the profiling, drivers must get as many quotes as possible. Because you never know which car insurance company will give you the biggest savings.

Final considerations

When trying to cut insurance costs, you should never reduce coverage to reduce premium. There are many occasions where an insured dropped full coverage and found out when filing a claim that it was a big mistake. Your aim should be to buy the best coverage you can find at the best price.

Cheap car insurance is available from both online companies as well as from independent agents in Gibsonville, and you need to comparison shop both in order to have the best price selection to choose from. A few companies don't offer the ability to get a quote online and most of the time these small insurance companies sell through independent agents.

We just showed you a lot of information how to compare car insurance prices online. The key thing to remember is the more times you quote, the higher the chance of saving money. You may be surprised to find that the lowest premiums are with a small mutual company.

Additional information can be read on the North Carolina Department of Insurance website found here. Consumers can learn about insurance regulations, discover disciplinary actions, and file complaints about a company.