Free Guide to Paying Less for Lexington Auto Insurance Online

Did you fall for a flashy sales pitch and buy overpriced auto insurance? Trust us, many consumers are feeling buyer's remorse and feel like there's no way out.

Having so many different company options, it can be impossible to choose the lowest price provider.

Finding affordable auto insurance in Lexington is not that difficult. In a nutshell, every driver who is required by state law to have auto insurance stands a good chance to be able to reduce their rates. But North Carolina vehicle owners do need to know how insurance companies market insurance on the web and use this information to your advantage.

How to Compare Auto Insurance Quotes in Lexington, North Carolina

The are a couple different ways to compare rate quotes from auto insurance companies in your area. The recommended way to find the lowest rates is simply to get online rate quotes. This can be accomplished using a couple different methods.

The first (and easiest) way consumers can analyze rates is a comparison rater form click here to open form in new window. This method eliminates the need for repetitive form submissions for every auto insurance company. Filling out one form will get you price quotes from multiple companies.

A harder way to shop for auto insurance online requires a visit to each individual company website and fill out their own quote form. For instance, we'll assume you want to compare rates from , and . To get rate quotes you would need to go to every website to input your insurance information, which is why most consumers use the first method. For a list of links to companies insuring cars in Lexington, click here.

The least efficient method of getting rate comparisons is to drive around to and from local Lexington insurance agencies. The ability to buy insurance online makes this process obsolete unless you prefer the personal advice of a local Lexington agent. You can, however, compare the best prices online but buy from a local insurance agent and we'll touch on that later.

It doesn't matter which method you choose, just ensure you are comparing apples-to-apples coverage limits for every quote you compare. If your comparisons have differing limits it will be next to impossible to determine the best price in Lexington. Just a small difference in insurance coverages could mean much higher rates. Just remember that having more price comparisons gives you a better chance of getting better pricing.

Understand what determines the rate you pay

It's important that you understand some of the elements that play a part in calculating auto insurance rates. When you know what positively or negatively controls the rates you pay helps enable you to make changes that could result in lower auto insurance prices.

Don't sacrifice liability coverage - Your policy's liability coverage provides coverage if a jury decides you are liable for damages caused by your negligence. It provides for a legal defense starting from day one. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.
Extra coverages can waste money - There are quite a few extra coverages that you can get tricked into buying if you aren't careful. Things like vanishing deductibles, accidental death and membership fees are examples of these. They may seem like a good idea at first, but your needs may have changed so remove them from your policy.
Never let your coverage lapse - Driving without insurance can get your license suspended and as a result your rates will increase for letting your insurance lapse. Not only will rates go up, but being ticketed for driving with no insurance will get you a steep fine or even jail time.You may then be required to prove you have insurance by filing a SR-22 with the North Carolina DMV.
Your stress level may be raising your rates - Occupations such as lawyers, architects and stock brokers are shown to have the highest rates attributed to stressful work requirements and lengthy work days. On the other hand, occupations like actors, students and retirees pay the least.
Too many auto insurance claims drive up costs - Auto insurance companies in North Carolina provide discounts to people who do not rely on their insurance for small claims. If you file claims often, you can expect either policy cancellation or increased premiums. Auto insurance is intended to be relied upon for the large, substantial claims.
A clean driving record saves money - Whether or not you get tickets has a big impact on rates. Only having one moving violation may increase your cost by as much as thirty percent. Drivers with clean records receive lower rates than their less careful counterparts. Drivers with dangerous tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.

Policy discounts you shouldn't miss

Insurance can cost an arm and a leg, but companies offer discounts to help bring down the price. Some discounts apply automatically at the time of purchase, but lesser-known reductions have to be specifically requested prior to receiving the credit.

Club Memberships - Affiliation with a professional or civic organization could qualify you for a break when buying auto insurance.
Safety Course Discount - Completing a course teaching defensive driving skills could possibly earn you a 5% discount depending on where you live.
Use Seat Belts - Requiring all passengers to buckle their seat belts can save 10% or more off your medical payments premium.
No Claims - Drivers with accident-free driving histories can save substantially when compared with frequent claim filers.
Driver's Ed - Require your teen driver to enroll in driver's education if offered at their school.
Federal Government Employee - Simply working for the federal government can save as much as 8% depending on your company.
Air Bag Discount - Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of more than 20%.
Military Discounts - Having a deployed family member could be rewarded with lower premiums.
Paperless Signup - Certain companies give back up to $50 for buying a policy and signing up online.
Discount for Life Insurance - Select insurance companies reward you with a break if you buy a life insurance policy as well.

Drivers should understand that most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you can get free auto insurance, companies wouldn't make money that way. But all discounts will help reduce the amount you have to pay.

For a list of insurers with discount auto insurance rates in North Carolina, follow this link.

Much more information about auto insurance in North Carolina can be found on the website for the North Carolina Department of Insurance through this link. North Carolina drivers can find out which companies have the most complaints, discover disciplinary actions, find a variety of consumer forms, and read industry bulletins.

Other useful links include this link for North Carolina auto insurance quotes and this link which helps you find a Lexington agent.

Affordable insurance is out there

Budget-conscious auto insurance is attainable on the web in addition to many Lexington insurance agents, and you should be comparing both so you have a total pricing picture. Some companies do not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

Throughout this article, we presented a lot of tips how to lower your auto insurance rates. It's most important to understand that the more rate comparisons you have, the better your chances of lowering your rates. Consumers may even find the biggest savings come from a company that doesn't do a lot of advertising. Smaller companies may only write in your state and offer lower rates compared to the large companies like .