Buy the Cheapest Nome Auto Insurance

Expensive auto insurance can dwindle your bank account and force you to make sacrifices. Shopping your coverage around is free, only takes a few minutes, and is a good way to help make ends meet.

Insurance companies such as State Farm, Allstate, GEICO and Progressive constantly blast consumers with fancy advertisements and it can be hard to sift through the bull and find the best price available.

More discounts equal less premium

Car insurance companies don't list all available discounts in a way that's easy to find, so we researched both the well known as well as the least known savings tricks you should be using.

  • Fewer Miles Equal More Savings - Keeping the miles down could be rewarded with discounted rates on garaged vehicles.
  • Own a Home - Owning a home in Nome can help you save on auto insurance because of the fact that having a home shows financial diligence.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to enroll in driver's education in high school.
  • Pay Upfront and Save - If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
  • Paperless Signup - Some insurance companies may give you up to $50 just for signing your application digitally online.

It's important to note that most discounts do not apply to all coverage premiums. Some only apply to individual premiums such as liability and collision coverage. Just because it seems like you could get a free auto insurance policy, you're out of luck.

auto insurance in Nome

Nome Rates are Influenced by These Factors

Smart consumers have a good feel for the different types of things that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what influences your rates enables informed choices that could result in better auto insurance rates.

The list below includes a partial list of the pieces auto insurance companies consider when setting premiums.

  • Little extras can really add up - There are a lot of add-on coverages that you can get tricked into buying when buying auto insurance. Insurance for personal injury protection, accidental death and term life insurance may be costing you every month. These coverages may sound good when you first buy your policy, but if they're wasting money eliminate the coverages to reduce your premium.
  • Pay less after the wedding - Having a wife or husband actually saves money on your policy. Having a spouse means you're more mature and it's proven that married drivers get in fewer accidents.
  • Small claims can cost you - If you are a frequent claim filer, you can expect either higher rates or even cancellation. Auto insurance companies in Alaska award cheaper rates to drivers who are claim-free. Car insurance is intended for the bigger claims that can't be paid out-of-pocket.
  • Save money with special equipment - Purchasing a vehicle with an alarm system can help bring down rates. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.
  • Older drivers pay less - More mature drivers are more responsible, tend to cause fewer accidents and tend to be better behind the wheel. Youthful drivers tend to be less responsible when driving and because of this, their auto insurance rates are much higher.
  • Liability insurance protects assets - The liability section of your policy is the protection if you are found liable for causing damage or personal injury in an accident. Liability insurance provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not cut corners here.

Switch companies and save? Really?

21st Century, Allstate and State Farm regularly use ads in print and on television. All the companies make an identical promise that you can save if you move to their company. How can each company claim to save you money?

Different companies have a preferred profile for the driver that earns them a profit. For instance, a profitable customer might be between 25 and 40, insures multiple vehicles, and has a high credit rating. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and therefore will save when they switch companies.

Potential insureds who do not match the requirements must pay more money and ends up with the customer not buying. The ad wording is "customers that switch" not "everyone that quotes" save that much. This is how insurance companies can state the savings. This illustrates why drivers should compare as many rates as you can. It's impossible to know which insurance companies will have the lowest rates.

Additional detailed information is located at the Alaska Division of Insurance website. Visitors are able to discover disciplinary actions, get help finding coverage, download brochures, and view a list of available companies.

The best insurance company isn't always the cheapest

Lower-priced auto insurance is possible both online and also from your neighborhood Nome agents, so you should compare both to have the best chance of lowering rates. Some insurance companies may not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

As you restructure your insurance plan, it's not a good idea to skimp on coverage in order to save money. There are a lot of situations where drivers have reduced liability coverage limits only to discover later that they should have had better coverage. The proper strategy is to get the best coverage possible at a price you can afford while not skimping on critical coverages.