Getting Cheap Jericho Auto Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me when I say you're not the only one. Drivers have so many to pick from, and although it's a good thing to be able to choose, too many choices makes it more difficult to compare rates.

It's important to compare prices every six months because insurance rates are constantly changing. Despite the fact that you may have had the lowest price two years ago you can probably find a better price now. Don't believe everything you read about auto insurance on the internet, so I'm going to show you some great ways to quit paying high auto insurance rates.

Finding affordable coverage in Jericho is quite easy. If you have a current auto insurance policy or are shopping for new coverage, you will benefit by learning to find the best rates and possibly find even better coverage. New York drivers only need an understanding of the best way to compare company rates over the internet.

How to Lower your Auto Insurance Rates

Consumers need to have an understanding of the rating factors that help determine the price you pay for auto insurance. Knowing what determines base rates empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

Where do you drive? - Driving more miles in a year the more you will pay for auto insurance. Almost all companies apply a rate determined by how the vehicle is used. Autos used primarily for pleasure use receive lower rates compared to those used for work or business. Double check that your auto insurance coverage shows the proper vehicle usage, because improper ratings can cost you money.
Do you know your deductibles? - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims could be collision with another vehicle, damage from fire, or theft. Physical damage deductibles are how much you are required to spend if you file a covered claim. The more you have to pay, the less your auto insurance will be.
With age comes lower rates - Teen drivers in New York are known to be more careless when behind the wheel so they pay higher auto insurance rates. Older insureds are viewed as being more responsible, statistically cause fewer accidents and are safer drivers.
Higher safety ratings means cheaper insurance - Vehicles with high crash test scores tend to have better insurance rates. These vehicles protect occupants better and lower injury rates means lower claim amounts and thus lower rates.
Protect yourself with liability coverage - Liability coverage provides coverage if ever a court rules you are at fault for personal injury or accident damage. It provides legal defense which can be incredibly expensive. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should carry high limits.
Traffic violations increase rates - Your driving citation history has a lot to do with how much you pay for insurance. Just one citation can bump up the cost forty percent or more. Drivers who don't get tickets get better rates compared to drivers with tickets. Drivers who have flagrant citations like DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.

Be sure to get all your discounts

Companies offering auto insurance don't always advertise all their discounts very clearly, so we researched both well-publicized and also the lesser-known ways to save on auto insurance. If you're not getting every credit possible, you are paying more than you should be.

Auto/Life Discount - Larger companies have a discount if you purchase life insurance.
Multiple Vehicles - Buying insurance for multiple vehicles with the same company can get a discount on all vehicles.
College Student - Any of your kids who are attending college and do not have access to a covered vehicle can receive lower rates.
Drive Less and Save - Fewer annual miles could be rewarded with better rates on cars that stay parked.
Organization Discounts - Participating in a qualifying organization could trigger savings on auto insurance.
Discount for Good Grades - This discount can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
No Charge for an Accident - Certain companies allow you one accident before hitting you with a surcharge as long as you don't have any claims for a set time period.

It's important to understand that most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like collision or personal injury protection. So when the math indicates all the discounts add up to a free policy, it doesn't quite work that way.

To choose companies who offer auto insurance discounts in New York, click this link.

Is there truth in advertising?

New York consumers can't ignore all the ads that promise big savings from the likes of GEICO, State Farm and Progressive. They all seem to make the same claim of big savings after switching your coverage to them.

How does each company make almost identical claims? It's all in the numbers.

Insurance companies are able to cherry pick for the type of customer that makes them money. For instance, a desirable insured could possibly be between the ages of 40 and 55, has no driving citations, and chooses high deductibles. A driver who matches those parameters is entitled to the best price and is almost guaranteed to save when switching.

Drivers who don't measure up to these standards will have to pay higher premiums which leads to the driver buying from a lower-cost company. The ads state "customers who switch" but not "drivers who get quotes" save that much money. That's the way insurance companies can confidently state the savings. Because of the profiling, you should get as many quotes as possible. It is impossible to predict which auto insurance company will give you the biggest savings.

Learn more about New York auto insurance

More tips and info about auto insurance is located at the New York Department of Financial Services website. New York consumers can file complaints about an insurance agent or broker, report car insurance fraud, read enforcement actions against agents and companies, and find disaster information.

Other informative sites include Auto Insurance 101 and this page where you can research Jericho insurance agents.

And the best car insurance company is...

When buying insurance coverage, make sure you don't buy poor coverage just to save money. In many instances, someone sacrificed collision coverage and learned later that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy a smart amount of coverage at the best price.

Low-cost auto insurance can be bought online as well as from independent agents in Jericho, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies don't offer online price quotes and most of the time these small, regional companies sell through independent agents.

In this article, we presented some good ideas how to save on auto insurance. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may be surprised to find that the lowest priced auto insurance comes from some of the smallest insurance companies. Some small companies can often provide lower rates in certain areas compared to the large companies like .