Car Insurance in Naples - 8 Ways to Save Money

Scraping up a payment for overpriced car insurance can overdraw your checking account and make it impossible to make ends meet. Doing a price comparison is free, only takes a few minutes, and is a good way to tighten up your finances. You have so many to buy insurance from, and although it's a good thing to have multiple companies, lots of choices makes it harder to compare rates.

It's important to price shop coverage on a regular basis since rates are constantly changing. Even if you got the best price a couple years back you will most likely find a better rate today. Block out anything you think you know about car insurance because we're going to demonstrate the tricks you need to know to reduce your cost while improving coverage.

Finding affordable coverage in Naples is easy if you know what you're doing. If you have a current car insurance policy or are shopping for new coverage, you can learn to shop for the lowest rates and still get good coverage. Texas vehicle owners just need to know the proper methods to compare company rates over the internet.

Be sure to get all your discounts

Companies offering auto insurance don't list every available discount very clearly, so we took the time to find some of the more common as well as the least known savings tricks you should be using. If you're not getting every credit you deserve, you are throwing money away.

Anti-theft Discount - Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
Accident Waiver - Certain companies will forgive one accident before your rates go up if you are claim-free prior to the accident.
Life Insurance - Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
Resident Student - Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
Military Discounts - Being on active duty in the military may qualify for rate reductions.
Low Mileage - Fewer annual miles can earn discounted rates on garaged vehicles.
Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
New Car Discount - Adding a new car to your policy is cheaper since new cars are generally safer.

Consumers should know that most discount credits are not given to all coverage premiums. Most only cut individual premiums such as comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, companies don't profit that way.

Is there truth in advertising?

Consumers get pounded daily by advertisements for car insurance savings from companies such as Allstate and Progressive. All the ads make an identical promise that you'll save big after switching your policy.

How does each company make the same claim?

All companies have a preferred profile for the right customer that earns them a profit. For example, a preferred risk could be between 30 and 50, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and is almost guaranteed to save when switching.

Drivers who don't measure up to these standards will be charged higher premiums and ends up with business going elsewhere. The ad wording is "customers that switch" but not "drivers who get quotes" save that kind of money. This is how companies can advertise the way they do. That is why you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

For more Texas car insurance information

More detailed Texas car insurance information can be found at the Texas Department of Insurance website. Consumers can read consumer alerts, get help finding coverage, view agent and company licensing information, and read enforcement actions against agents and companies.

Best coverage at the best price

As you go through the steps to switch your coverage, it's very important that you do not buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced physical damage coverage only to discover later that the savings was not a smart move. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

Discount car insurance can be purchased from both online companies in addition to many Naples insurance agents, so compare prices from both to have the best chance of lowering rates. Some car insurance companies do not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.