Comparing the Cheapest Lyme Center Auto Insurance

Have you had enough of robbing Peter to pay Paul each month for car insurance? You are in the same boat as the majority of other car owners in New Hampshire.

Insurance companies such as State Farm, Allstate, GEICO and Progressive promote their brand names with advertising and consumers find it hard to sift through the bull and take the time to shop coverage around.

It's important to get comparison quotes once or twice a year because insurance rates are constantly changing. Even if you got the best deal a year ago a different company probably has better rates today. Starting right now, forget all the misinformation about auto insurance because you're about to learn the proper way to save on auto insurance.

Be sure to get all your discounts

The price of auto insurance can be rather high, but companies offer discounts that many people don't even know exist. A few discounts will automatically apply when you quote, but some must be specifically requested prior to getting the savings.

  • Discount for New Cars - Insuring a new car is cheaper due to better safety requirements for new cars.
  • Military Discounts - Having a deployed family member could mean lower rates.
  • Theft Prevention System - Anti-theft and alarm systems help deter theft and qualify for as much as a 10% discount.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • No Claims - Claim-free drivers can earn big discounts as compared to drivers who are more careless.

It's important to note that most credits do not apply to the entire cost. Most cut the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, you're out of luck. But any discount will reduce the amount you have to pay.

New Hampshire auto insurance quotes

Understand what determines the rate you pay

Smart consumers have a good feel for some of the elements that go into determining the price you pay for auto insurance. Having a good understanding of what influences your rates helps enable you to make changes that may reward you with big savings.

  • The more you drive the more you pay - The more miles you rack up on your car every year the more you will pay for auto insurance. The majority of insurers apply a rate based on their usage. Vehicles not used for work or commuting can get a lower rate compared to those used for work or business. Ask your agent if your auto insurance policy is rated on how each vehicle is driven, because it can save money.
  • Special features that cut premiums - Driving a car that has an advanced theft prevention system can help bring down rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.
  • How many coverages with the same company - Most companies will give a discount to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even with this discount, you may still want to compare other company rates to confirm you are receiving the best rates possible. You may still be able to find better rates by splitting coverages up.
  • High crash test scores lower rates - Vehicles with good safety scores are cheaper to insure. These vehicles have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and more competitive rates for policyholders.
  • Liability insurance protects assets - Liability insurance will protect you if ever a court rules you are at fault for damages caused by your negligence. It provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.
  • Low deductibles can be expensive - Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some examples of claims that would be covered could be colliding with a building, vandalism, or theft. Your deductibles are how much you are willing to pay before your auto insurance pays a claim. The more money the insured has to pay upfront, the less your company will charge you for insurance.
  • More claims means more premium - Car insurance companies in New Hampshire provide cheaper rates to drivers who do not rely on their insurance for small claims. If you file claims often, you can look forward to either higher rates or even cancellation. Insurance coverage is designed for major claims that would cause financial hardship.

Is there truth in advertising?

Auto insurance companies such as GEICO, State Farm and Progressive constantly bombard you with television and radio advertisements. They all seem to say the same thing that you can save if you switch your policy. How can each company make almost identical claims?

All the different companies can use profiling for the right customer that earns them a profit. An example of a desirable insured could possibly be between 30 and 50, has no tickets, and has excellent credit. A driver who fits that profile gets the lowest rates and is almost guaranteed to save when they switch companies.

Potential customers who don't measure up to the requirements will have to pay a higher premium which usually ends up with the driver buying from a lower-cost company. The ads say "people who switch" but not "drivers who get quotes" save that kind of money. That's why insurance companies can make those claims.

Because of the profiling, drivers should compare many company's rates. It is impossible to predict the company that will have the lowest rates.

More New Hampshire auto insurance information

More information is available on the website for the New Hampshire Insurance Department through this link. New Hampshire consumers can file complaints about an insurance agent or broker, view a list of available companies, read consumer alerts, and find disaster information.

compare Lyme Center auto insurance rates

Do the work, save more money

While you're price shopping online, it's not a good idea to skimp on coverage in order to save money. In many instances, an insured dropped liability limits or collision coverage only to find out they didn't purchase enough coverage. The ultimate goal is to purchase plenty of coverage at an affordable rate.

Lower-priced auto insurance can be found online in addition to many Lyme Center insurance agents, so compare prices from both to have the best rate selection. Some companies do not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.