How to Know You're Throwing Money Away for Auto Insurance in Lisbon

Tired of robbing Peter to pay Paul each month for car insurance? Your situation is no different than many other drivers in New Hampshire. Consumers have many to buy insurance from, and even though it's nice to be able to choose, it can be more difficult to compare rates.

It's important to compare rates before your policy renews because prices are constantly changing. Even if you think you had the best deal a couple years back there is a good chance you can find better rates now. Starting now, forget all the misinformation about auto insurance because you're going to get a crash course in the only way to properly buy coverages and cut your premium.

You have some control over your rates

Consumers need to have an understanding of some of the elements that play a part in calculating the price you pay for auto insurance. Knowing what influences your rates enables informed choices that can help you get better auto insurance rates.

Shown below are some of the factors auto insurance companies consider when setting your rates.

One company can mean more discounts - Some companies give discounts to customers who carry more than one policy in the form of a multi-policy discount. Even with this discount, you still need to comparison shop to ensure the best deal. Drivers may still find better rates by splitting coverages up.
Your stress level may be raising your rates - Occupations like doctors, architects and financial analysts tend to have higher average rates because of high stress and long work hours. Conversely, professions such as farmers, engineers and retirees receive lower rates.
Add-on coverages can add up - There are quite a few extra bells and whistles you can purchase on your auto insurance policy. Coverages for roadside assistance, better glass coverage and term life insurance are examples of these. These coverages may sound good when you first buy your policy, but if they're wasting money eliminate them to save money.
Marriage brings a discount - Being married helps lower the price when buying auto insurance. Marriage means you're more mature and it's proven that drivers who are married are more cautious.
Bump up deductibles to save - Coverage for physical damage, termed comprehensive and collision coverage on your policy, protects your car from damage. Some instances where coverage would apply could be a windshield shattered by a rock, collision with an animal, and windstorm damage. Your deductibles are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The more money you are required to pay out-of-pocket, the less your company will charge you for insurance.
Rural vs Urban Areas - Being located in a small town has it's advantages when insuring your vehicles. City drivers regularly have congested traffic and longer commutes to work. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims.
Proper usage rating affects rates - The higher the mileage driven every year the higher your rates will be. Most insurance companies apply a rate based on their usage. Vehicles that are left in the garage can get a lower rate than those used for commuting. Verify your auto insurance declarations sheet shows the correct usage for each vehicle, because it can save money.
Optional equipment can affect rates - Driving a car with an alarm system can get you a discount on your auto insurance. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.

Compare Lisbon Auto Insurance Costs

Reducing your insurance rates can be relatively painless. Just take the time to compare rate quotes from different insurance companies. This can be done in several different ways.

The fastest way to find the lowest comparison rates is to use a rate comparison form click to view form in new window. This method keeps you from doing a different quote for each company. In just a few minutes this one form will get you price quotes .
A more difficult way to compare rate quotes requires a visit to the website for each individual company and fill out their own quote form. For example, let's say you want rates from , and . You would have to visit each site to input your insurance information, which is why the first method is more popular.

To view a list of companies in Lisbon, click here.
The least efficient way of getting rate comparisons to local Lisbon insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you require the professional advice of a licensed agent. You can, however, find lower rates online and still use a local agent. We'll cover that shortly.

Which method you use is up to you, but ensure you're using identical coverage limits for each comparison quote. If you have differing limits it's impossible to determine the lowest rate in Lisbon.

Take advantage of discounts

Car insurance companies do not advertise every available discount very clearly, so here is a list both well-publicized as well as the least known auto insurance savings. If you're not getting every credit available, you are paying more than you should be.

Multi-policy Discount - If you insure your home and vehicles with the same company you will save 10% to 20% off each policy.
No Accidents - Claim-free drivers can earn big discounts compared to accident-prone drivers.
Low Mileage - Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
E-sign - Some insurance companies will discount your bill up to fifty bucks just for signing your application over the internet.
Multiple Cars - Insuring all your vehicles with the same company may reduce the rate for each vehicle.

It's important to note that most credits do not apply to the entire cost. Some only reduce individual premiums such as comprehensive or collision. Even though it may seem like you could get a free auto insurance policy, you're out of luck.

To choose providers with discount auto insurance rates in New Hampshire, follow this link.

Are auto insurance companies telling the truth?

New Hampshire consumers can't ignore all the ads for the lowest price auto insurance by Allstate and Progressive. All the ads say the same thing that you can save if you change to their company.

How does each company make almost identical claims?

Different companies can use profiling for the driver that makes them money. An example of a preferred risk could possibly be over the age of 40, is a homeowner, and drives less than 10,000 miles a year. A customer getting a price quote who fits that profile will get very good rates and most likely will save when switching.

Consumers who don't qualify for these standards will be charged higher prices which usually ends up with the driver buying from a lower-cost company. The ads say "customers that switch" not "people who quote" save that much. That's why insurance companies can advertise the way they do. That is why you need to compare as many rates as you can. It's impossible to know the company that will provide you with the cheapest rates.

Additional detailed information is available at the New Hampshire Insurance Department website. New Hampshire consumers can read consumer alerts, read industry bulletins, discover disciplinary actions, and get help finding coverage.

And the best car insurance company is...

As you go through the steps to switch your coverage, never reduce coverage to reduce premium. Too many times, an accident victim reduced comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. The aim is to find the BEST coverage at a price you can afford, not the least amount of coverage.

Lower-priced auto insurance is attainable online and also from your neighborhood Lisbon agents, and you need to comparison shop both in order to have the best price selection to choose from. Some auto insurance companies may not provide online price quotes and many times these smaller companies only sell through independent insurance agents.