Easy Methods to Save Money on Holly Springs Car Insurance

Purchasing the cheapest Holly Springs car insurance on the internet is challenging for beginners to comparison shopping online. With dozens of choices, how can consumers possibly compare every one to find the cheapest rates?

It's important to check car insurance prices on a regular basis because rates are constantly changing. Despite the fact that you may have had the best price a few years ago you may be paying too much now. Ignore everything you know about car insurance because I'm going to let you in on the secrets to one of the best ways to get good coverage at a lower rate.

If you have a current car insurance policy or are looking for a new policy, you can use these techniques to get lower rates and still get good coverage. The purpose of this article is to help educate you on how to effectively get price quotes and some money-saving tips. North Carolina consumers only need to know the most efficient way to get comparison quotes over the internet.

Which Car Insurance is Cheapest in Holly Springs, North Carolina?

Getting better car insurance pricing is actually quite simple. Just spend a little time comparing rates provided by online insurance companies. This is very easy and can be done in several different ways.

The first (and easiest) way to get quotes is to use a rate comparison form (click to open form in new window). This method prevents you from having to do repetitive form entry for each company. One form submission will get you rate comparisons direct from many companies. This is perfect if you don't have a lot of time.

Another way to compare rate quotes requires you to visit each company's website to request a price quote. For example, let's say you want comparison quotes from , and . You would have to visit each site and enter your policy data, which is why the first method is more popular. To view a list of companies in Holly Springs, click here.

Which method you use is up to you, but ensure you are comparing the exact same coverage information for each price quote. If you compare unequal deductibles or liability limits it will be impossible to truly determine the lowest rate in Holly Springs.

What determines how much you pay?

It's important that you understand some of the elements that help determine your car insurance rates. Understanding what impacts premium levels allows you to make educated decisions that may reward you with better car insurance rates.

The following are a few of the "ingredients" companies use to determine rates.

Older drivers save more - More mature drivers are viewed as being more responsible, tend to cause fewer accidents and receive fewer citations. Young drivers are known to be more careless when driving therefore car insurance rates are much higher.
Marriage brings a discount - Having a spouse can get you a discount when buying car insurance. It is viewed as being more responsible and it's proven that married drivers get in fewer accidents.
High deductibles save money - Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Examples of covered claims are a windshield shattered by a rock, collision with an animal, and windstorm damage. Your deductibles are how much you are required to spend before a claim is paid by your company. The higher the amount you're willing to pay, the bigger discount you will receive.
How's your driving record? - Good drivers have lower premiums compared to drivers with tickets. Just one moving violation can increase rates by as much as thirty percent. Drivers who have flagrant citations like DWI, reckless driving or hit and run convictions may need to file a SR-22 with their state motor vehicle department in order to keep their license.
Is your vehicle built for speed? - The performance of the vehicle you own makes a big difference in the rate you pay. Lower performance four cylinder passenger vehicles usually have the lowest rates, but there are many factors that impact the final cost.
Men pay higher rates - Statistics have proven that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Men and women tend to get into accidents in similar percentages, but the males have costlier accidents. They also get cited for more serious violations such as reckless driving. Youthful male drivers are most likely to cause an accident and thus pay the highest rates.

Take advantage of discounts

The cost of insuring your cars can be expensive, but there are discounts available to cut the cost considerably. Certain discounts will be applied when you get a quote, but less common discounts must be manually applied before you will receive the discount. If they aren't giving you every credit you deserve, you're just leaving money on the table.

College Student - Children who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
Sign Online - Some insurance companies will give a small break for buying your policy on their website.
55 and Retired - Older drivers may be able to get reduced rates.
Own a Home - Owning a house in Holly Springs may trigger a car insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
Early Switch Discount - Some insurance companies reward drivers for switching to them before your current policy expires. It's a savings of about 10%.
Good Student Discount - Getting good grades can save 20 to 25%. This discount can apply well after school through age 25.
New Car Discount - Buying coverage on a new vehicle can save up to 30% compared to insuring an older model.

A little note about advertised discounts, most credits do not apply to all coverage premiums. Most cut individual premiums such as liability, collision or medical payments. So even though they make it sound like you could get a free car insurance policy, you won't be that lucky. Any amount of discount will cut your overall premium however.

For a list of companies who offer car insurance discounts in Holly Springs, follow this link.

Additional information can be found on the North Carolina Department of Insurance website located here. Consumers can read enforcement actions against agents and companies, get help finding coverage, and report car insurance fraud.

A tidy conclusion

As you shop your coverage around, never reduce needed coverages to save money. There are many occasions where drivers have reduced physical damage coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase plenty of coverage at a price you can afford.

The cheapest car insurance can be bought from both online companies and with local Holly Springs insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance providers do not offer online quoting and most of the time these regional insurance providers sell through independent agents.

We just showed you a lot of information how to lower your car insurance rates. The most important thing to understand is the more times you quote, the better your chances of lowering your rates. You may even find the lowest rates come from a small local company.