How to Know You're Wasting Money for Auto Insurance in Kenton
Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Believe me when I say many consumers are feeling buyer's remorse and feel like there's no way out. Drivers have so many to pick from, and although it's a good thing to have multiple companies, too many choices makes it more difficult to compare rates.
This information will help educate you on how to effectively get price quotes and some tips to save money. If you currently have a car insurance policy, you should be able to lower your premiums substantially using these methods. Tennessee drivers only need an understanding of the most effective way to get comparison rates online.
Save big with these discounts
Insurance can cost an arm and a leg, but discounts can save money and there are some available that many people don't even know exist. Larger premium reductions will be automatically applied at the time you complete a quote, but a few need to be asked for prior to getting the savings. If you're not getting every credit possible, you are throwing money away.
- Clubs and Organizations - Affiliation with a qualifying organization could trigger savings when buying auto insurance.
- Multi-car Discount - Insuring more than one vehicle on one policy could earn a price break for each car.
- Braking Control Discount - Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
- New Vehicle Savings - Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
- Claim Free - Drivers with accident-free driving histories can save substantially when compared with drivers who are more careless.
- Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education in school.
- Fewer Miles Equal More Savings - Driving fewer miles can earn better rates on cars that stay parked.
- Defensive Driver - Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if you qualify.
Consumers should know that most discount credits are not given to all coverage premiums. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, companies don't profit that way. Any qualifying discounts will bring down your overall premium however.
Auto insurance ads bend the truth
Tennessee drivers get pounded daily by advertisements that promise big savings from the likes of Allstate, GEICO and Progressive. All the companies make the same claim of big savings if you switch your coverage to them.
How does each company say the same thing?
Insurance companies are able to cherry pick for the type of customer that earns them a profit. For example, a profitable customer might be profiled as a mature driver, has no driving citations, and has great credit. A propective insured who matches those parameters will get the preferred rates and most likely will save when switching.
Potential customers who fall outside these standards must pay a more expensive rate which leads to business not being written. The ads state "people who switch" not "people who quote" save that much money. That's the way insurance companies can confidently advertise the savings.
This illustrates why you should get a wide range of price quotes. It's not possible to predict which auto insurance company will give you the biggest savings.
Learn more about Tennessee auto insurance
Additional auto insurance information can be found on the website for the Tennessee Department of Commerce and Insurance through this link. Tennessee drivers can find out which companies have the most complaints, report car insurance fraud, find out industry alerts, and file complaints about an insurance agent or broker.
Also read more on this link for Tennessee auto insurance quotes and this link which helps you find a Kenton agent.
And the best car insurance company is...
Cost effective auto insurance can be found on the web as well as from independent agents in Kenton, and you need to price shop both to have the best rate selection. There are still a few companies who don't offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.
As you prepare to switch companies, make sure you don't buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed physical damage coverage only to regret at claim time that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.
