Find Low-Cost Newland Auto Insurance

Purchasing the lowest cost Newland auto insurance on the internet may be rather challenging for consumers not familiar with buying insurance online. When there are so many insurance companies available, how can consumers even start to compare every company to locate the best price?

It's important to compare prices yearly because prices are constantly changing. Just because you found the lowest rates six months ago you can probably find a better price now. So just ignore everything you know about auto insurance because you're going to get a crash course in the tricks you need to know to find lower rates on auto insurance.

This article will teach you how to get online quotes and some tricks to saving. If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. But North Carolina drivers do need to know the way companies sell online and use this information to your advantage.

How to Lower your Auto Insurance Rates

Consumers need to have an understanding of some of the elements that help determine the price you pay for auto insurance. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that can help you get lower auto insurance prices.

The following are a few of the "ingredients" used by your company to calculate your rates.

  • Careful drivers pay lower rates - Even a single moving violation can bump up the cost by as much as thirty percent. Drivers who don't get tickets get better rates compared to drivers with tickets. Drivers who get flagrant violations like DUI or reckless driving may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
  • Please use or commuting - Driving more miles in a year's time the higher your rates will be. Almost all companies apply a rate based on how the vehicle is used. Vehicles left parked in the garage qualify for better rates compared to those used for work or business. Make sure your auto insurance coverage properly reflects the proper vehicle usage.
  • Women pay lower rates - Statistics have proven women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. Women and men have accidents in similar percentages, but men have costlier accidents. Men also get cited for more serious violations such as DWI and reckless driving. Teenage male drivers are the most expensive to insure and are penalized with high auto insurance rates.
  • Do you qualify for a multi-policy discount? - Many companies give discounts to customers who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it's still a good idea to comparison shop to verify if the discount is saving money.
  • Liability coverage is peace of mind - Liability coverage is the protection in the event that a court rules you are at fault for personal injury or accident damage. It provides for a legal defense starting from day one. Liability is cheap when compared with rates for comp and collision, so buy as much as you can afford.

North Carolina auto insurance

Policy discounts you shouldn't miss

Car insurance can cost a lot, but discounts can save money and there are some available that you may not know about. Certain discounts will be applied when you quote, but lesser-known reductions have to be requested specifically before you get the savings.

  • Good Student Discount - This discount can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • Discount for Life Insurance - Select insurance companies reward you with a break if you buy a life insurance policy as well.
  • Accident Waiver - Some insurance companies allow you one accident before hitting you with a surcharge if you are claim-free prior to the accident.
  • Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Organization Discounts - Participating in a professional or civic organization could qualify you for a break on your policy.
  • Multiple Vehicles - Buying insurance for multiple vehicles with the same company can get a discount on all vehicles.
  • Driver Safety - Completing a course in driver safety could cut 5% off your bill if your company offers it.
  • Payment Method - If you pay your bill all at once instead of making monthly payments you could save up to 5%.
  • Discount for New Cars - Adding a new car to your policy can cost up to 25% less since new cars are generally safer.

Consumers should know that most of the big mark downs will not be given to your bottom line cost. Most only apply to specific coverage prices like medical payments or collision. So despite the fact that it appears it's possible to get free car insurance, companies don't profit that way. But all discounts will help reduce the amount you have to pay.

To choose providers who offer auto insurance discounts in North Carolina, follow this link.

Save $429 a year? Really?

Companies like State Farm and Allstate continually stream television and radio advertisements. All the ads say the same thing that you'll save big after switching your coverage to them. But how can every company make almost identical claims? It's all in the numbers.

All companies have a preferred profile for the type of customer that makes them money. For example, a preferred risk could possibly be between the ages of 30 and 50, has no prior claims, and has a high credit rating. A customer getting a price quote who fits that profile is entitled to the best price and is almost guaranteed to save a lot of money.

Drivers who don't qualify for this ideal profile will be charged a higher premium which usually ends up with the driver buying from a lower-cost company. The ads state "customers who switch" but not "drivers who get quotes" save that much money. This is how companies can state the savings.

That is why you should get quotes from several different companies. It's impossible to know which insurance companies will have the lowest rates.

Insurance agents can help

When buying adequate coverage for your personal vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else's.

For example, these questions can help discover whether your personal situation might need an agent's assistance.

  • Should I buy only the required North Carolina minimum liability coverage?
  • What are the financial responsibility laws in North Carolina?
  • Does my policy cover me when driving someone else's vehicle?
  • Do I need special endorsements for business use of my vehicle?
  • Are rental cars covered under my policy?
  • Am I covered when driving on a suspended license?
  • Do I really need UM/UIM coverage?

If you don't know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Much more information about auto insurance in North Carolina can be found on the North Carolina Department of Insurance website found here. North Carolina consumers can file complaints about a company, file complaints about an insurance agent or broker, and learn about insurance regulations.

Other informative sites include III.org's auto insurance page and this directory of insurance agents in Newland North Carolina.

North Carolina auto insurance quotes

The best insurance company isn't always the cheapest

You just read many ways to save on auto insurance. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. You may be surprised to find that the lowest rates come from a small mutual company.

As you restructure your insurance plan, do not buy poor coverage just to save money. There have been many cases where consumers will sacrifice uninsured motorist or liability limits only to regret that they should have had better coverage. Your goal should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

Discount auto insurance can be sourced online as well as from independent agents in Newland, and you should compare price quotes from both to have the best selection. Some insurance companies don't offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.