Tightwads Instructions on Saving on Macomb Car Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me when I say there are many Macomb consumers feeling the pinch from expensive car insurance. Lots of contend to insure your vehicles, so it can be very hard to choose a and uncover the absolute lowest rate

Macomb Rates are Influenced by These Factors

Consumers need to have an understanding of the rating factors that go into determining your car insurance rates. Understanding what impacts premium levels enables informed choices that could result in big savings.

Listed below are some of the items car insurance companies consider when setting premiums.

Drive a safer car and pay less - Vehicles with good safety scores tend to have better insurance rates. Safe vehicles reduce injuries and fewer injuries means lower claim amounts and lower rates for you.
Extra add-on coverages are wasting money - There are many extra coverages that you can get tricked into buying on your policy. Coverages like vanishing deductibles, accidental death and term life insurance may be wasting your money. These may sound like a good investment at first, but if they're wasting money get rid of them and save.
Tickets mean higher rates - Whether or not you get tickets impacts your car insurance rates tremendously. Careful drivers receive lower rates than bad drivers. Only having one moving violation can boost insurance rates forty percent or more. Drivers with serious tickets such as reckless driving, hit and run or driving under the influence are required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
Discounts for multiple policies - Most car insurance companies will award you with lower prices to policyholders who have multiple policies with them. It's known as a multi-policy discount. Discounts can add up to ten or even up to twenty percent in some cases. Even if you're getting this discount you may still want to comparison shop to ensure the best deal. You may still be able to find a better deal by insuring with multiple companies.
Adjust deductibles and save - Physical damage deductibles represent how much money you are willing to pay before a claim is paid by your company. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some instances where coverage would apply are colliding with a building, collision with an animal, and windstorm damage. The more expense you are required to pay out-of-pocket, the less your car insurance will be.
High numbers of claims are not good - If you tend to file frequent claims, you can pretty much guarantee higher rates. Auto insurance companies in Michigan give better rates to insureds who are claim-free. Insurance coverage is meant to be used in the event of the large, substantial claims.
Discounts for married couples - Getting married can actually save you money on your car insurance policy. Having a spouse means you're more responsible and it's statistically proven that being married results in fewer claims.

Be sure to get all your discounts

Car insurance companies do not list all available discounts in an easy-to-find place, so the following is a list of some of the more common and the more hidden ways to save on car insurance. If they aren't giving you every credit possible, you are paying more than you should be.

Fewer Miles Equal More Savings - Driving fewer miles could qualify for better rates on cars that stay parked.
Defensive Driver - Taking part in a driver safety course could possibly earn you a 5% discount if your company offers it.
Air Bag Discount - Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20% or more.
Braking Control Discount - Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more.
Theft Prevention System - Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
Multi-car Discount - Buying insurance for more than one vehicle with the same company could earn a price break for each car.

As a disclaimer on discounts, most discount credits are not given the the whole policy. Most only reduce the cost of specific coverages such as liability and collision coverage. So when the math indicates all those discounts means the company will pay you, car insurance companies aren't that generous.

To choose insurers offering car insurance discounts in Macomb, click this link.

Is there truth in advertising?

Consumers can't ignore all the ads that promise big savings by 21st Century, Allstate and State Farm. All the companies make the same claim about savings if you switch to their company.

How do they all make the same claim?

All the different companies are able to cherry pick for the driver that makes them money. A good example of a profitable customer could be a mature driver, has no tickets, and has a short commute. Any new insured who matches those parameters will get the preferred rates and is almost guaranteed to cut their rates substantially.

Drivers who don't measure up to the "perfect" profile must pay a higher premium which leads to business going elsewhere. The ads state "people who switch" but not "drivers who get quotes" save that much. That's the way companies can truthfully make the claims of big savings. This illustrates why you should compare as many rates as you can. It's just too difficult to predict which car insurance company will fit your personal profile best.

Find out more about car insurance

Even more information can be read at the Michigan Office of Financial and Insurance Regulation website. Consumers can find disaster information, discover disciplinary actions, file complaints about a company, and read consumer alerts.

Best coverage at the best price

Cheap car insurance is available from both online companies and also from your neighborhood Macomb agents, and you need to price shop both to have the best selection. Some insurance providers may not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

You just learned some good ideas how to save on car insurance. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. Drivers may discover the best price on car insurance is with an unexpected company. Some small companies may have significantly lower rates on certain market segments compared to the large companies like .

As you shop your coverage around, you should never buy poor coverage just to save money. There are a lot of situations where an insured dropped collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at an affordable rate while not skimping on critical coverages.