How to Know You're Throwing Money Away for Car Insurance in Homer
Have you had enough of robbing Peter to pay Paul each month for car insurance? You are no different than millions of other consumers.
Numerous battle for your business, so it's not easy to compare every to find the absolute lowest rate
It's important to check car insurance prices once or twice a year because rates are constantly changing. Even if you think you had the lowest price last year you will most likely find a better rate today. You can find a lot of wrong information about car insurance on the internet, so I'm going to show you some great ways to put money back in your pocket.
If you are paying for car insurance now, you should be able to cut costs considerably using these techniques. Choosing the best insurance company for you in Homer is not that difficult. Although Georgia car owners do need to know the methods companies use to market insurance on the web because it can help you find the best coverage.
More discounts equal less premium
The price of auto insurance can be rather high, but there are discounts available to help bring down the price. Most are applied at quote time, but a few must be asked for in order for you to get them.
- New Car Discount - Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
- Student Driver Training - Make teen driver coverage more affordable by requiring them to complete a driver education course if offered at their school.
- Drive Less and Save - Low mileage vehicles could be rewarded with better rates on cars that stay parked.
- Safety Course Discount - Taking part in a driver safety course could save 5% or more if you qualify.
- Discount for Swiching Early - Some insurance companies reward drivers for switching to them prior to your current policy expiring. The savings is around 10%.
- Passive Restraint Discount - Factory air bags can get savings of 20% or more.
- Accident Free - Claim-free drivers pay much less as compared to drivers who are more careless.
A little note about advertised discounts, most discount credits are not given to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, you won't be that lucky. Any amount of discount will cut your premiums.
Switch companies and save? Really?
Car insurance companies such as GEICO, State Farm and Progressive consistently run ads in print and on television. They all seem to make the same claim about savings if you change to them. How do they all make the same claim?
All the different companies can use profiling for the type of driver that earns them a profit. For instance, a desirable insured could be over the age of 40, has no tickets, and has great credit. A customer who matches those parameters will get the preferred rates and therefore will cut their rates substantially.
Potential insureds who do not match the "perfect" profile will have to pay more money which leads to business going elsewhere. The ads state "customers that switch" not "everyone that quotes" save money. That's why companies can truthfully advertise the savings.
Because of the profiling, you should get a wide range of price quotes. Because you never know the company that will give you the biggest savings.
More Georgia car insurance information
Additional information is located on the website for the Georgia Insurance and Safety Fire Commissioner located here. Consumers can file complaints about an insurance agent or broker, view a list of available companies, find disaster information, and discover disciplinary actions.
Shop smart and save
As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. In many instances, an insured dropped collision coverage and learned later that the small savings ended up costing them much more. The ultimate goal is to get the best coverage possible at a price you can afford.
The cheapest car insurance is attainable from both online companies and with local Homer insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.
