How to Get the Cheapest Holley Auto Insurance

If you're new to shopping for auto insurance online, it's easy to get confused by the hoards of auto insurance companies competing for business in Holley.

It's important to take a look at other company's rates periodically because prices are constantly changing. Despite the fact that you may have had the best deal last year the chances are good that you can find a lower rate today. Starting now, forget anything you know (or think you know) about auto insurance because you're going to get a crash course in the proper way to reduce your cost while increasing coverage.

Policy discounts you shouldn't miss

Companies do not advertise every available discount in a way that's easy to find, so here is a list both well-publicized and also the lesser-known auto insurance savings.

Early Switch Discount - Some companies give discounts for switching policies before your current expiration date. It's a savings of about 10%.
Good Student - A discount for being a good student can earn a discount of 20% or more. The discount lasts well after school through age 25.
Save over 55 - Mature drivers may be able to get better auto insurance rates.
Payment Method - If you pay your bill all at once instead of paying each month you may reduce your total bill.
Multiple Vehicles - Buying insurance for multiple vehicles on the same auto insurance policy can get a discount on all vehicles.

It's important to note that most of the big mark downs will not be given to the entire policy premium. Most only apply to specific coverage prices like medical payments or collision. Just because you may think all the discounts add up to a free policy, you're out of luck.

To see a list of providers who offer auto insurance discounts in Holley, follow this link.

How to Get Holley Auto Insurance Comparison Quotes

The are a couple different ways of comparing price quotes from different Holley insurance companies. The best method to compare insurance prices involves getting comparison quotes online. This can be done in a couple of different ways.

The best way to get quotes for comparison is a comparison rater form like this one (opens in new window). This method keeps you from doing separate forms for each company you want a rate for. Just one form will get you rate comparisons from several companies. It's the fastest way to compare.
A more difficult way to shop for auto insurance online requires you to visit each company website and fill out their own quote form. For instance, we'll assume you want to compare , and . To get each rate you have to go to every website and enter your policy data, which is why the first method is quicker.

For a list of links to companies insuring cars in Holley, click here.
The least efficient method to get comparison rates is driving to local Holley insurance agencies. Buying insurance online has reduced the need for local agents unless you want the professional advice that only a license agent can provide. You can, however, obtain prices from the web but buy from a local insurance agent. We'll cover that shortly.

Whichever way you use, be sure to compare exactly the same coverage information for each comparison quote. If you use unequal deductibles or liability limits then you won't be able to determine the lowest rate in Holley. Just a small difference in limits may cause a big price difference. Keep in mind that obtaining a wide range of quotes will increase your chances of finding the best offered rates.

Holley Rates are Influenced by These Factors

An important part of buying insurance is that you know some of the elements that help determine the price you pay for auto insurance. Having a good understanding of what influences your rates enables informed choices that can help you get much lower annual insurance costs.

The following are some of the factors auto insurance companies consider when setting your rates.

Performance influences rates - The type of vehicle you drive makes a substantial difference in determining your rates. Lower performance four cylinder passenger cars generally receive the lowest base rates, but other factors influence the final cost greatly.
Careful drivers pay lower rates - Even a single speeding ticket can boost insurance rates by as much as thirty percent. Careful drivers get better rates compared to drivers with tickets. Drivers who get flagrant violations such as reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
Men pay higher rates - Statistics show women are more cautious behind the wheel. However, this does not mean men are worse drivers. Both sexes have accidents at about the same rate, but men have costlier accidents. Men also get cited for more serious violations such as DWI and reckless driving. Young males are the most expensive to insure and therefore have the most expensive auto insurance rates.
Optional equipment can affect rates - Owning a car with a theft deterrent system can help bring down rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your car from being stolen.

Insurance agents can help

When choosing proper insurance coverage for your vehicles, there really is not a cookie cutter policy. Every situation is different.

For example, these questions may help highlight whether your personal situation would benefit from professional advice.

Does my car insurance cover rental cars?
Do I need to file an SR-22 for a DUI in New York?
Should I buy additional glass protection?
Do I have any recourse if my insurance company denies a claim?
Can I afford to buy a different vehicle if my vehicle is totaled?
Am I covered when pulling a rental trailer?

If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form.

Save $429 a year? Really?

Companies like State Farm and Allstate continually stream television and radio advertisements. All the ads say the same thing that you can save after switching to their company. How can each company make almost identical claims? It's all in the numbers.

Insurance companies have a certain "appetite" for the driver that is profitable for them. An example of a preferred risk could possibly be a mature driver, a clean driving record, and has great credit. A customer getting a price quote who fits that profile is entitled to the best price and is almost guaranteed to save when they switch companies.

Consumers who don't qualify for the requirements will be charged higher prices which usually ends up with the driver buying from a lower-cost company. Company advertisements say "customers who switch" but not "drivers who get quotes" save that much. That is how insurance companies can advertise the savings. That is why drivers must get a wide range of price quotes. It's impossible to know which company will give you the biggest savings.

Affordable insurance is out there

You just read many ways to compare auto insurance prices online. The most important thing to understand is the more you quote, the higher the chance of saving money. Consumers may even find the best price on auto insurance is with some of the smallest insurance companies.

As you prepare to switch companies, it's not a good idea to reduce coverage to reduce premium. There have been many cases where someone dropped liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your goal should be to buy enough coverage at the best price, not the least amount of coverage.

Lower-priced auto insurance can be bought online and also from your neighborhood Holley agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who may not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

Additional New York consumer information

Additional detailed information is available at the New York Department of Financial Services website. New York consumers can learn about specific coverages, file complaints about a company, and learn about insurance regulations.