Tightwads Guide for Saving on Honor Auto Insurance

Did you fall for a flashy sales pitch and buy overpriced auto insurance? Believe me when I say you're not the only one. Companies like GEICO and Progressive all promote huge savings with catchy ads and it is difficult to sift through the bull and effectively compare rates to find the best deal.

It's important to price shop coverage every six months since insurance rates are constantly changing. Even if you got the best price two years ago you may be paying too much now. Ignore everything you know about auto insurance because you're about to find out the tricks you need to know to eliminate unnecessary coverages and save money.

How to Compare Auto Insurance Quotes in Honor, Michigan

Most major insurance companies allow you to get coverage price quotes online. Getting online quotes doesn't take a lot of time as you just type in the coverages you want into the quote form. Behind the scenes, their system will obtain your credit score and driving record and gives you a price quote. Online quotes makes it a lot easier to compare rates but the process of having to visit multiple sites and complete many quote forms can get tiresome after awhile. Unfortunately, it is important to do this in order to find a lower rate.

There is a better way!

A less time-consuming method to lower your rates requires only one form that gets price quotes from multiple companies. It's a real time-saver, reduces the work, and makes price shopping online much easier to do. As soon as the form is sent, it is rated and you can select your choice of the returned quotes. If you find a better price you can click and sign and buy the new coverage. The entire process takes 15 minutes at the most and may save quite a bit of money.

To quickly find out how much you're overpaying now, click here and submit the form. If you currently have coverage, we recommend you input deductibles and limits as shown on your current policy. This way, you will get a rate comparison based on similar coverages.

Honor auto insurance comparison

Learn How to Buy Auto Insurance Cheaper

It's important that you understand some of the elements that help determine auto insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that may reward you with lower auto insurance prices.

  • Older drivers save more - Older insureds are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel. Teenage drivers are known to be less responsible when behind the wheel and because of this, their auto insurance rates are much higher.
  • Do you know your deductibles? - Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some examples of claims that would be covered are collision with another vehicle, damage caused by hail, and burglary. Your deductibles are how much you are required to spend before your auto insurance pays a claim. The higher the amount the insured has to pay upfront, the less your auto insurance will be.
  • Where do you drive? - Driving more miles in a year the more you will pay for auto insurance. The majority of insurers price each vehicle's coverage based on their usage. Vehicles left parked in the garage qualify for better rates as compared to vehicles used primarily for driving to work. Make sure your auto insurance coverage is rated on the proper vehicle usage.
  • Never allow your policy to lapse - Allowing your auto insurance policy to lapse will be a fast way to increase your auto insurance rates. And not only will insurance be more expensive, but being ticketed for driving with no insurance will get you a steep fine or even jail time.
  • Do you have a high stress job? - Did you know your auto insurance rates can be affected by your occupation? Jobs such as lawyers, architects and dentists are shown to have the highest average rates due to high stress and lengthy work days. Other jobs such as actors, historians and performers pay the least.
  • Drive a safer car and pay less - Cars with high safety ratings are cheaper to insure. These vehicles have better occupant injury protection and better occupant protection means lower claim amounts and more competitive rates for policyholders.

More discounts equal less premium

Companies that sell car insurance don't list all their discounts in a way that's easy to find, so we took the time to find some of the best known and also the lesser-known auto insurance savings. If you aren't receiving every discount possible, you're just leaving money on the table.

  • Senior Discount - Older drivers may be able to get a discount up to 10%.
  • Multiple Vehicles - Having multiple vehicles on one policy can get a discount on all vehicles.
  • New Vehicle Savings - Insuring a new car can save up to 30% since new cars are generally safer.
  • Use Seat Belts - Using a seat belt and requiring all passengers to buckle their seat belts could save 15% off your medical payments premium.
  • No Claims - Drivers with accident-free driving histories can save substantially as compared to frequent claim filers.

Keep in mind that most credits do not apply to all coverage premiums. Most only reduce specific coverage prices like liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, it just doesn't work that way.

For a list of companies who offer auto insurance discounts in Honor, follow this link.

Additional detailed information can be found at the Michigan Office of Financial and Insurance Regulation website. Michigan drivers can read enforcement actions against agents and companies, report car insurance fraud, file complaints about an insurance agent or broker, and find a variety of consumer forms.

In the end, you save

When buying insurance coverage, it's a bad idea to reduce needed coverages to save money. There are many occasions where someone sacrificed physical damage coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at the best price.

Affordable auto insurance can be purchased on the web in addition to many Honor insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies do not provide online quoting and most of the time these regional insurance providers sell through independent agents.