Comparing Low-Cost Monroe Car Insurance

Tired of paying out the nose each month for car insurance? You're in the same situation as many other Washington drivers. With consumers having so many options when it comes to car insurance, it can be diffult for consumers to locate the best insurance company.

It's important to compare prices once or twice a year due to the fact that insurance rates are constantly changing. Even if you got the best price last year you will most likely find a better rate today. Ignore everything you know about car insurance because you're about to learn the only way to reduce your cost while improving coverage.

Are you getting all your discounts?

Companies offering auto insurance don't necessarily list every available discount very well, so we took the time to find both the well known as well as the least known discounts you could be receiving. If you don't get every credit available, you are throwing money away.

  • Passive Restraint Discount - Vehicles with factory air bags can receive discounts of 20% or more.
  • Lower Rates for Military - Being deployed with a military unit could mean lower rates.
  • Anti-lock Brakes - Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
  • Good Students Pay Less - Performing well in school can earn a discount of 20% or more. This discount can apply until age 25.
  • Senior Citizens - If you qualify as a senior citizen, you may qualify for a small decrease in premiums.
  • Homeowners Pay Less - Being a homeowner can save you money because owning a home is proof that your finances are in order.

A little note about advertised discounts, some of the credits will not apply to the entire cost. A few only apply to individual premiums such as medical payments or collision. So even though they make it sound like adding up those discounts means a free policy, you won't be that lucky.

Washington car insurance

How can State Farm and Allstate save drivers who switch?

Consumers in Washington get pounded daily by advertisements for the lowest price auto insurance from the likes of State Farm and Allstate. All the ads have a common claim about savings if you switch your coverage to them.

But how can every company claim to save you money?

Insurance companies can use profiling for the type of customer that earns them a profit. For example, a preferred risk might be between the ages of 40 and 55, has no tickets, and drives newer vehicles. Any driver that hits that "sweet spot" receives the best rates and as a result will probably save a lot of money.

Potential insureds who are not a match for this ideal profile will be charged more money and this can result in the customer not buying. Company advertisements say "customers that switch" not "everybody who quotes" save that much money. That's why companies can truthfully claim big savings. That is why you should get a wide range of price quotes. You cannot predict the company that will give you the biggest savings.

More Washington car insurance information

Even more information can be found at the Washington State Office of the Insurance Commissioner website. Visitors are able to find out industry alerts, view a list of available companies, file complaints about a company, and report car insurance fraud.

Also read more on NAIC.org's Understanding your Policy and this directory of Monroe insurance agents.

compare Monroe car insurance rates

In the end, you save

We just presented a lot of techniques to reduce car insurance prices online. The key thing to remember is the more you quote, the better your chances of lowering your rates. You may even discover the lowest priced car insurance comes from some of the lesser-known companies. Regional companies may cover specific market segments cheaper than the large multi-state companies such as .

When trying to cut insurance costs, don't be tempted to buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped physical damage coverage only to regret at claim time that it was a big mistake. Your goal should be to buy enough coverage at a price you can afford, not the least amount of coverage.