How to Know You're Spending Too Much for Auto Insurance in Kings Mountain

Scraping up a payment for overpriced auto insurance can dwindle your savings account and make it impossible to make ends meet. Doing a price comparison is a smart way to slash your bill and have more diposable income. Because you have many companies and agents to choose from, it is hard for the average consumer to find the most affordable company.

It's important to price shop coverage quite often because prices are constantly changing. Even if you got the lowest price a couple years back there is a good chance you can find better rates now. You can find a lot of misleading information regarding auto insurance online but I'm going to show you some great ways to reduce your auto insurance bill.

This article will help you learn the best way to quote coverages. If you have car insurance now, you stand a good chance to be able to cut costs considerably using these techniques. North Carolina vehicle owners just need to know the most effective way to shop their coverage around over the internet.

Learn How to Buy Auto Insurance Cheaper

Consumers need to have an understanding of some of the elements that help determine the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay helps enable you to make changes that may reward you with lower auto insurance prices.

The following are a partial list of the pieces that factor into rates.

Your location affects your rates - Residing in a rural area can be a good thing when talking about auto insurance. City drivers regularly have much more traffic and longer commute times. Lower population means reduced accidents as well as less vandalism and auto theft.
Teen drivers pay high rates - Youthful drivers in North Carolina are known to be more careless when driving so auto insurance rates are higher. Having to add a teen driver onto your auto insurance can break the bank. More mature drivers are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel.
One company can mean more discounts - Many companies will give a discount to insureds who buy several policies from them, otherwise known as a multi-policy discount. Even though this discount sounds good, it's in your best interest to comparison shop to confirm you are receiving the best rates possible.
Save money with special equipment - Purchasing a vehicle with anti-theft technology or alarm system can help lower your rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
Drive less and save money - Driving more miles in a year's time the more you will pay for auto insurance. The majority of insurers charge to insure your cars based on how the vehicle is used. Vehicles left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Make sure your auto insurance coverage properly reflects the proper vehicle usage, because improper ratings can cost you money.

Low Cost Kings Mountain Auto Insurance

All major auto insurance companies give coverage price quotes online. This process doesn't take a lot of time as you just type in your coverage information into the quote form. After the form is submitted, the system will obtain information on your driving record and credit history and provides a quote. This makes it a lot easier to compare rates but the work required to visit several different sites and type in the same information can be a bit repetitive. Unfortunately, it is important to do this in order to get a lower rate.

The preferred way to locate the lowest prices uses one form that obtains quotes from a bunch of companies at once. It's a real time-saver, requires much less work on your part, and makes online quotes much easier. Immediately after you send the form, your coverage is rated and you can select any or none of the resulting price quotes.

If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. This process can be completed in a matter of minutes and you will know how your current rates stack up.

To find out how much you're overpaying now, click here and begin entering your coverage information. If you have coverage now, it's recommended you input coverages and limits just like they are on your policy. This makes sure you will have rate comparison quotes for the exact same coverage.

More discounts equal less premium

The price of auto insurance can be rather high, buy you may qualify for discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time of quoting, but a few must be asked about before you will receive the discount. If you don't get every credit you deserve, you are paying more than you should be.

Discount for Life Insurance - Select insurance companies reward you with a break if you buy a life insurance policy as well.
College Student - Children who are attending college and do not have access to a covered vehicle may be able to be covered for less.
Bundle and Save - If you insure your home and vehicles with the same insurance company you could get a discount of up to 20% off your total premium.
Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.
Own a Home - Owning a house in Kings Mountain may trigger a auto insurance policy discount due to the fact that maintaining a home shows financial diligence.
Payment Method - If you pay your bill all at once instead of making monthly payments you could save 5% or more.
Save with a New Car - Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
Organization Discounts - Being a member of a professional or civic organization could qualify you for a break on auto insurance.
Government Employees - Employees or retirees of the government can save as much as 8% with select insurance companies.
Sign Online - Certain companies may give you up to $50 for buying a policy and signing up online.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like all the discounts add up to a free policy, companies wouldn't make money that way. But all discounts will help reduce your premiums.

To choose companies who offer auto insurance discounts in North Carolina, follow this link.

Switch companies and save? Really?

Consumers in North Carolina can't ignore all the ads for car insurance savings from companies such as GEICO, State Farm and Progressive. They all seem to say the same thing that you'll save big after switching your policy.

But how can every company claim to save you money? This is how they do it.

All companies have a preferred profile for the right customer that makes them money. For instance, a desirable insured might be a mature driver, insures multiple vehicles, and drives less than 10,000 miles a year. A customer getting a price quote who fits that profile gets the lowest rates and therefore will save a lot of money.

Potential insureds who do not match this ideal profile will have to pay more money which usually ends up with the customer not buying. Company advertisements say "drivers who switch" not "everyone that quotes" save that kind of money. This is how companies can advertise the way they do.

Because of the profiling, you need to get quotes from several different companies. It's impossible to know which insurance companies will provide you with the cheapest rates.

It's not one size fits all

When buying the best auto insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every insured's situation is different so your insurance needs to address that. Here are some questions about coverages that may help you determine if you would benefit from professional advice.

When does my teenage driver need to be added to my policy?
Do I pay less if my vehicle is kept in my garage?
What is the difference between comprehensive and collision coverage?
Do I need special endorsements for business use of my vehicle?
Does my policy cover my teen driver if they drive my company car?
Are my tools covered if they get stolen from my vehicle?
Who is covered when they drive my vehicle?
Do I have any recourse if my insurance company denies a claim?

If you don't know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Much more information about auto insurance in North Carolina is located on the website for the North Carolina Department of Insurance. Click here for link. Visitors are able to view agent and company licensing information, read enforcement actions against agents and companies, read consumer alerts, and view a list of available companies.

Other informative sites include Wikipedia and this page where you can research Kings Mountain insurance agents.

And the best car insurance company is...

As you go through the steps to switch your coverage, do not reduce coverage to reduce premium. In many instances, drivers have reduced collision coverage and learned later that the savings was not a smart move. The ultimate goal is to buy the best coverage you can find for the lowest price.

Budget-conscious auto insurance can be purchased both online in addition to many Kings Mountain insurance agents, and you need to price shop both to have the best chance of lowering rates. Some auto insurance companies do not provide online price quotes and most of the time these small, regional companies sell through independent agents.