Easy Ways to Save Money on Hermansville Auto Insurance
Are you intimidated by the sheer number of auto insurance choices in Hermansville? You're not alone. There are so many choices that it can turn into a ton of work to compare prices.
Save big with these discounts
Properly insuring your vehicles can get expensive, but you can get discounts that many people don't even know exist. Some discounts apply automatically at the time you complete a quote, but lesser-known reductions have to be asked for prior to getting the savings.
- No Accidents - Drivers with accident-free driving histories can save substantially when compared to drivers who are more careless.
- Multi-car Discount - Insuring more than one vehicle on one policy can get a discount on all vehicles.
- Anti-theft System - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
- Paperwork-free - Some insurance companies may give you up to $50 just for signing your application over the internet.
- Homeowners Discount - Simply owning a home may earn you a small savings because owning a home is proof that your finances are in order.
It's important to note that many deductions do not apply to all coverage premiums. Most only apply to specific coverage prices like comp or med pay. So despite the fact that it appears you would end up receiving a 100% discount, you're out of luck. But any discount will bring down your overall premium however.
Auto insurance ads bend the truth
Auto insurance providers like Progressive, Allstate and GEICO constantly bombard you with ads on TV and radio. They all make the same claim that you can save if you switch to their company. How does each company claim to save you money? It's all in the numbers.
Different companies are able to cherry pick for the driver that earns them a profit. For example, a driver they prefer might be over the age of 50, has no driving citations, and has great credit. A customer getting a price quote who matches those parameters is entitled to the best price and most likely will save when switching.
Potential customers who fall outside these standards will be quoted a more expensive rate which leads to the customer not buying. The ads state "customers who switch" not "people who quote" save that much. That's the way insurance companies can advertise the savings.
This emphasizes why you should get as many comparisons as possible. It's impossible to know which auto insurance company will give you the biggest savings.
More information can be found on the Michigan Office of Financial and Insurance Regulation website found here. Visitors are able to read industry bulletins, report car insurance fraud, and read consumer alerts.
Affordable insurance is out there
Insureds switch companies for a variety of reasons including high rates after DUI convictions, lack of trust in their agent, policy cancellation and even an unsatisfactory settlement offer. Whatever your reason, finding a new auto insurance company is less work than it seems.
Lower-priced auto insurance can be found both online and also from your neighborhood Hermansville agents, and you should be comparing both to have the best rate selection. There are still a few companies who may not provide you the ability to get quotes online and these regional insurance providers work with independent agents.
As you prepare to switch companies, never buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage at the best price while still protecting your assets.
