How to Know You're Paying Too Much for Car Insurance in Lebanon

I can't think of anyone who likes paying for car insurance, especially when their premiums are through the roof. Numerous battle for your insurance dollar, and it can be difficult to compare rates to find the lowest rate

It's important to compare prices periodically because rates are constantly changing. Just because you found the lowest rates a year ago there is a good chance you can find better rates now. Starting right now, forget anything you know (or think you know) about car insurance because you're going to learn the tricks you need to know to find lower rates on car insurance.

If you have a policy now or need new coverage, you will benefit by learning to find the best rates and still get good coverage. Finding the best rates in Lebanon is easy if you know what you're doing. Tennessee vehicle owners just need to know the most efficient way to shop for car insurance on the web.

How to Lower your Car Insurance Rates

Consumers need to have an understanding of the factors that play a part in calculating your car insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that can help you get better car insurance rates.

Shown below are a few of the "ingredients" used by your company to calculate your rates.

Do you know you're credit rating? - Your credit score is a huge factor in determining your rates. People with good credit tend to be more responsible than those with lower credit scores. If your credit rating is low, you could save money insuring your by repairing your credit.
How's your driving record? - Drivers who don't get tickets tend to pay less for car insurance than their less careful counterparts. Even a single ticket can bump up the cost twenty percent or more. Drivers who get dangerous violations like DUI or reckless driving may be required to submit a SR-22 form with their state motor vehicle department in order to prevent a license revocation.
Liability coverage is peace of mind - Your policy's liability coverage is the coverage that protects you in the event that you are found to be at fault for personal injury or accident damage. Liability provides for a legal defense up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so do not skimp.
Little extras can really add up - There are quite a few additional coverages you can purchase on your policy. Coverages like rental car reimbursement, better glass coverage and additional equipment coverage are some examples. They may seem like a good idea when talking to your agent, but now you might not need them so get rid of them and save.

How to Get Lebanon Car Insurance Comparison Quotes

All major car insurance companies such as Allstate and Progressive give price estimates directly from their websites. The process is quite simple as you simply enter your personal and coverage information as detailed in the form. After the form is submitted, their rating system will obtain information on your driving record and credit history and returns a price quote based on many factors. Online price quotes streamlines rate comparisons, but the process of having to visit several different sites and fill out multiple forms is repetitive and time-consuming. But it's very important to get many rate quotes in order to get better car insurance pricing.

The preferred way to compare rates utilizes a single form to return rates from several companies at one time. The form is fast, requires much less work on your part, and makes quoting online much more enjoyable. After your information is entered, your coverage is rated with multiple companies and you can pick any of the resulting price quotes.

If one or more price quotes are lower than your current rates, you can click and sign and purchase coverage. This process takes less than 15 minutes and may result in a nice savings.

If you want to find out what other companies charge, click here to open in new window and fill out the form. To compare your current rates, we recommend that you enter the coverages identical to your current policy. This makes sure you will receive rate comparison quotes for the exact same coverage.

These discounts can lower your rates

Car insurance is not cheap, but discounts can save money and there are some available that you may not know about. Certain discounts will be applied at quote time, but lesser-known reductions have to be specifically requested in order for you to get them. If they aren't giving you every credit you qualify for, you are paying more than you should be.

Anti-lock Brakes - Vehicles equipped with ABS or steering control can avoid accidents and therefore earn up to a 10% discount.
Good Student - This discount can save 20 to 25%. This discount can apply up until you turn 25.
Organization Discounts - Belonging to certain professional organizations may earn a discount on your policy.
Safety Course Discount - Taking a driver safety course can save you 5% or more if your company offers it.
Multiple Cars - Buying coverage for all your vehicles with the same company qualifies for this discount.
Pay Now and Pay Less - By paying your policy upfront instead of making monthly payments you could save up to 5%.
Claim Free - Good drivers with no accidents can save substantially compared to accident-prone drivers.
Discount for Swiching Early - Select companies give a discount for switching to them prior to your current policy expiration. The savings is around 10%.
New Car Discount - Adding a new car to your policy can cost up to 25% less compared to insuring an older model.

Consumers should know that some credits don't apply to the entire policy premium. Most only apply to the price of certain insurance coverages like comprehensive or collision. Just because it seems like you could get a free car insurance policy, companies don't profit that way. But all discounts will cut the cost of coverage.

To choose providers with discount car insurance rates in Lebanon, click here.

Are you falling for claims of savings?

Consumers can't ignore all the ads for cheaper car insurance from the likes of Allstate and Progressive. All the ads have a common claim that you'll save big if you change your coverage to them.

How do they all make the same claim? This is how they do it.

Different companies have a certain "appetite" for the type of customer that makes them money. For example, a preferred risk could be between the ages of 30 and 50, a clean driving record, and has excellent credit. A customer that hits that "sweet spot" is entitled to the best price and as a result will probably cut their rates substantially.

Potential insureds who are not a match for the "perfect" profile will be charged more money and this can result in business going elsewhere. The ads state "drivers who switch" not "everybody who quotes" save that much money. That is how companies can make those claims.

That is why you need to quote coverage with many companies. Because you never know which company will have the lowest rates.

Different people need different coverages

When buying adequate coverage for your vehicles, there is no best way to insure your cars. Every insured's situation is different and your policy should reflect that. For instance, these questions may help highlight whether you might need an agent's assistance.

Does my insurance cover a custom paint job?
Why am I required to buy high-risk coverage?
Are rental cars covered under my policy?
Should I have combined single limit or split liability limits?
Am I covered when driving on a suspended license?
Do I have any recourse if my insurance company denies a claim?

If you can't answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of car insurance companies in your area. It is quick, free and may give you better protection.

Much more information about car insurance in Tennessee can be found on the website for the Tennessee Department of Commerce and Insurance. Click here for link. Consumers can find out industry alerts, file complaints about a company, find out which companies have the most complaints, and discover disciplinary actions.

And the best car insurance company is...

While you're price shopping online, you should never reduce coverage to reduce premium. Too many times, someone dropped uninsured motorist or liability limits only to regret they didn't purchase enough coverage. The aim is to buy a smart amount of coverage for the lowest price, not the least amount of coverage.

We just showed you a lot of ways to compare car insurance prices online. It's most important to understand that the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the lowest rates come from a lesser-known regional company. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as .

Discount car insurance can be sourced from both online companies as well as from independent agents in Lebanon, and you should compare price quotes from both in order to have the best chance of saving money. Some companies don't offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.