Top Ways to Save on Malone Auto Insurance

Nobody looks forward to paying for auto insurance, in particular when the cost is way too high.

Popular companies such as GEICO and Progressive increase brand awareness with advertising and it is difficult to sift through the bull and find the best price available.

It's important to compare prices periodically because prices are constantly changing. Even if you got the best price on your last policy the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you're about to find out the only way to eliminate unnecessary coverages and save money.

If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using this information. Finding affordable coverage in Malone is quite easy. Nevertheless, New York drivers do need to know the way insurance companies price online insurance and apply this information to your search.

How much can you save with discounts?

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that many people don't even know exist. Larger premium reductions will be automatically applied when you quote, but a few need to be inquired about before you get the savings.

Accident Forgiveness - A handful of insurance companies allow you one accident before raising your premiums as long as you don't have any claims for a certain period of time.
Early Signing - Some companies give discounts for switching policies before your current expiration date. This can save 10% or more.
Bundle and Save - When you combine your home and auto insurance with one company you may earn 10% to 20% off each policy.
Claim Free - Good drivers with no accidents can save substantially as compared to bad drivers.
Memberships - Participating in a civic or occupational organization could qualify you for a break on auto insurance.
Multi-car Discount - Buying insurance for more than one vehicle on the same auto insurance policy can get a discount on all vehicles.
Sign Online - Some insurance companies will discount your bill up to fifty bucks simply for signing digitally online.
Passive Restraints - Factory air bags or motorized seat belts can qualify for discounts of up to 25% or more.

Consumers should know that most credits do not apply to the entire policy premium. Most cut specific coverage prices like liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, companies don't profit that way. Any qualifying discounts will reduce the amount you have to pay.

To see a list of companies offering auto insurance discounts in Malone, follow this link.

Malone Auto Insurance Comparisons

There are several ways to shop for auto insurance, and some are less labor-intensive and much quicker. You can waste a lot of time talking to insurance agencies in Malone, or you could use online quoting to get rate comparisons in just a few minutes.

Many insurance companies belong to a marketplace that allows shoppers to submit their information once, and each participating company then gives them pricing. This eliminates the need for quote forms for each company you want a rate for. To submit your quote information now, click to open in new window.

The one downside to comparing rates this way is you are unable to specify which carriers you want pricing from. So if you prefer to choose individual companies to compare rates, we have a listing of companies who write auto insurance in New York. Click here for list of insurance companies in New York.

Which method you use is up to you, but be sure to compare exactly the same coverage limits and deductibles on every quote you get. If you compare different liability limits then you won't be able to determine which rate is truly the best in Malone. Just a small difference in coverage limits can result in a big premium difference. Keep in mind that comparing a large number of companies will improve the odds of getting the best rates.

How to Lower your Auto Insurance Rates

An important part of buying insurance is that you know some of the elements that go into determining the price you pay for auto insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that may reward you with better auto insurance rates.

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

Battle of the sexes - Statistics show women are more cautious behind the wheel. That doesn't necessarily mean that women are BETTER drivers than men. Men and women have accidents in similar percentages, but the males cause more damage. They also get cited for more serious violations such as DWI and reckless driving. Male drivers age 16 to 19 are the most expensive to insure and therefore have the most expensive auto insurance rates.
Careful drivers pay lower rates - Just one moving violation can bump up the cost by as much as thirty percent. Drivers who don't get tickets get better rates than bad drivers. Drivers who have serious citations like DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to continue driving.
More than one policy can earn a discount - Most companies will give a discount to customers who have multiple policies with them such as combining an auto and homeowners policy. This can amount to anywhere from five to ten percent in most cases. If you currently are using one company, it's still a good idea to compare rates to verify if the discount is saving money.
Your job and insurance rates - Did you know that where you work can have an impact on rates? Jobs such as lawyers, architects and dentists have the highest average rates due to job stress and long work hours. Other occupations like scientists, historians and homemakers get better rates.

How much car insurance do I need?

When choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Every situation is different and a cookie cutter policy won't apply. For example, these questions may help highlight if your insurance needs would benefit from professional advice.

Does my policy cover me when driving someone else's vehicle?
Does my car insurance cover rental cars?
Am I covered when driving in Canada or Mexico?
Will I be non-renewed for getting a DUI or other conviction?
Are rental cars covered under my policy?
Am I covered if I wreck a rental car?

If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you don't have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Save 15 percent in 15 minutes? Is it for real?

Auto insurance companies such as State Farm, GEICO and Progressive constantly bombard you with television and radio advertisements. They all seem to say the same thing of big savings if you switch your coverage to them. How can each company make almost identical claims? It's all in the numbers.

Different companies have a certain "appetite" for the type of customer that is profitable for them. For example, a desirable insured could possibly be a mature driver, a clean driving record, and has great credit. A customer getting a price quote who fits that profile gets the lowest rates and is almost guaranteed to save when they switch companies.

Drivers who don't meet 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 "customers who switch" but not "drivers who get quotes" save that much money. That is how insurance companies can confidently advertise the savings.

Because of the profiling, drivers must get quotes from several different companies. It's impossible to know which company will fit your personal profile best.

Final considerations

Cost effective auto insurance can be found online as well as from independent agents in Malone, and you need to price shop both to have the best selection. There are still a few companies who don't offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

You just read a lot of information how to compare auto insurance prices online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. Consumers could even find that the best price on auto insurance is with some of the smallest insurance companies. These smaller insurers may often insure only within specific states and give getter rates compared to the large companies like .

When you buy insurance online, it's a bad idea to reduce coverage to reduce premium. In many cases, someone dropped physical damage coverage only to regret at claim time that the few dollars in savings costed them thousands. Your aim should be to purchase plenty of coverage at the best price.

Additional auto insurance information can be found on the website for the New York Department of Financial Services found here. New York consumers can learn about insurance regulations, file complaints about a company, read consumer alerts, and read industry bulletins.