Car Insurance in Hoquiam - 6 Discounts You Might be Losing Out On

Finding lower rates for Hoquiam car insurance is difficult for consumers new to comparison shopping online. Drivers have so many companies to choose from that it can turn into more work than you anticipated to find the best price in Hoquiam.

It's important to shop coverage around before your policy renews since rates are constantly changing. Even if you got the best rates last year you will most likely find a better rate today. You can find a lot of misleading information regarding car insurance online but we're going to give you some great ways to put money back in your pocket.

Don't pay full price with these six discounts

Car insurance is not cheap, buy you may qualify for discounts that many people don't even know exist. Certain discounts will be applied when you get a quote, but some may not be applied and must be asked for before you will receive the discount.

  • Multi-policy Discount - If you have multiple policies with the same insurance company you will save approximately 10% to 15%.
  • Employee of Federal Government - Active or retired federal employment may qualify you for a discount with certain companies.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and qualify for as much as a 10% discount.
  • Discount for Life Insurance - Companies who offer life insurance give a break if you buy auto and life insurance together.
  • Multi-car Discount - Having more than one vehicle on one policy qualifies for this discount.
  • Save with a New Car - Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.

As a disclaimer on discounts, most credits do not apply to the entire cost. Most only apply to the price of certain insurance coverages like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, car insurance companies aren't that generous. Any amount of discount will help reduce your premiums.

Hoquiam car insurance quote

The car insurance bait and switch

Companies like Allstate and Progressive constantly bombard you with ads in print and on television. All the ads say the same thing about savings if you switch your coverage to them. But how can every company claim to save you money? This is how they do it.

All the different companies can use profiling for the type of customer that earns them a profit. A good example of a preferred risk might be between the ages of 30 and 50, is a homeowner, and has great credit. Any new insured who fits that profile is entitled to the best price and therefore will save a lot of money.

Drivers who don't measure up to this ideal profile will be charged higher premiums which usually ends up with the customer not buying. The ads state "drivers who switch" not "everyone that quotes" save that much money. That's why companies can truthfully advertise the savings.

That is why you should compare many company's rates. It's just too difficult to predict the company that will give you the biggest savings.

Learn more today

Additional information can be read on the Washington State Office of the Insurance Commissioner website. Click here for link. Visitors are able to read consumer alerts, download brochures, and find out industry alerts.

Also read more on Wikipedia and this Hoquiam agent directory.

The best insurance company isn't always the cheapest

As you prepare to switch companies, do not buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced collision coverage and discovered at claim time that the small savings ended up costing them much more. The aim is to buy a smart amount of coverage for the lowest price, not the least amount of coverage.

Consumers switch companies for any number of reasons including policy non-renewal, extreme rates for teen drivers, policy cancellation and even delays in paying claims. Regardless of your reason, switching car insurance companies is less work than it seems.

Cheap car insurance can be found both online as well as from independent agents in Hoquiam, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who don't offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.