Olivet Auto Insurance For Less Than You're Paying Now

Are you overwhelmed by the number of auto insurance choices in Olivet? You're not the only one! People have so many options available that it can turn into a challenge to compare prices.

Why some people pay less for insurance in Olivet

Consumers need to have an understanding of the factors that help determine the price you pay for auto insurance. Understanding what impacts premium levels allows you to make educated decisions that could result in better auto insurance rates.

The following are some of the factors companies use to determine premiums.

  • Liability coverage protects you - Liability coverage provides coverage if a court rules you are at fault for damages from an accident. It will provide legal defense coverage up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.
  • Do you need the policy add-ons? - There are a ton of extra coverages that you can get tricked into buying on your auto insurance policy. Coverages like roadside assistance, accidental death and motor club memberships are some examples. These may sound like a good investment when talking to your agent, but if you don't need them get rid of them and save.
  • Being married is a good thing - Being married can get you a discount on auto insurance. Having a spouse is viewed as being more responsible it has been statistically shown that being married results in fewer claims.
  • Safer cars are cheaper to insure - Safer cars get lower rates. Safe vehicles result in less severe injuries and lower injury rates means lower claim amounts and lower rates for you.
  • One company can mean more discounts - Many insurance companies will award you with lower prices to customers who carry more than one policy. It's known as a multi-policy discount. Discounts can be 10 percent or more. Even if you're getting this discount it's in your best interest to comparison shop to make sure you are getting the best deal. You may still find a better deal by insuring with multiple companies.
  • Drive less and save money - Driving more miles in a year the more you'll pay to insure your vehicle. Most companies apply a rate based upon how you use the vehicle. Cars that are left in the garage can get a lower rate than those used for commuting. Verify your auto insurance coverage is showing the proper vehicle usage, because it can save money.
  • Small claims can cost you - Auto insurance companies in Michigan generally give better rates to insureds who file claims infrequently. If you tend to file frequent claims, you can look forward to either a policy non-renewal or much higher rates. Car insurance is designed for the large, substantial claims.

Compare the Market for Auto Insurance in Olivet

There are several ways of comparing rate quotes from auto insurance companies in your area. One of the best ways to find the lowest rates consists of shopping online. This is very easy and can be done in several different ways.

  1. The fastest way to get the best comparison quotes is to use a rate comparison form click here to open form in new window. This type of form keeps you from doing a different quote for each company. Completing one form gets you price quotes . It's the fastest way to compare.
  2. A less efficient way to get quotes online requires visiting each individual company website and fill out their own quote form. For example, let's assume you want to compare rates from , and . You would have to visit each site and enter your policy data, and that's why the first method is more popular.

    To view a list of companies in Olivet, click here.
  3. The most time-consuming method to get comparison rates to local Olivet insurance agencies. The internet eliminates the need for an insurance agent unless you have a need for the trained guidance of a licensed agent. It is possible to find lower rates online and still use a local agent.

However you get your quotes, compare the exact same quote information for each comparison quote. If you have mixed coverages you will not be able to determine the lowest rate in Olivet. Slightly different coverages can mean a large discrepancy in price. Just keep in mind that more quotes will increase your chances of finding the best offered rates.

Save big with these discounts

Auto insurance companies don't always publicize all available discounts in an easy-to-find place, so here is a list both well-publicized and the harder-to-find discounts you could be receiving.

  • Organization Discounts - Participating in certain professional organizations may earn a discount when buying auto insurance.
  • Fewer Miles Equal More Savings - Fewer annual miles can qualify you for a substantially lower rate.
  • Paperless Signup - Some insurance companies will discount your bill up to fifty bucks for buying your policy on their website.
  • Driver Safety - Taking a course in driver safety could possibly earn you a 5% discount if your company offers it.
  • Multiple Vehicles - Insuring multiple vehicles with the same company qualifies for this discount.
  • Life Insurance Discount - Companies who offer life insurance give lower rates if you buy life insurance from them.

As a disclaimer on discounts, some of the credits will not apply the the whole policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears you could get a free auto insurance policy, auto insurance companies aren't that generous.

To choose insurers who offer auto insurance discounts in Olivet, click here.

Auto insurance ads bend the truth

Allstate, GEICO and Progressive continually stream ads on TV and radio. All the companies have a common claim about savings after switching to them. How do they all make almost identical claims? This is how they do it.

Different companies are able to cherry pick for the type of driver that makes them money. An example of a profitable customer could possibly be over the age of 40, has no tickets, and drives less than 10,000 miles a year. A driver that hits that "sweet spot" will get very good rates and most likely will cut their rates substantially.

Consumers who fall outside the "perfect" profile must pay higher prices and this can result in the driver buying from a lower-cost company. The ads say "drivers who switch" not "people who quote" save money. That's the way companies can truthfully advertise the way they do. This illustrates why you need to quote coverage with many companies. It is impossible to predict which auto insurance company will provide you with the cheapest rates.

Even more information is available at the Michigan Office of Financial and Insurance Regulation website. Michigan consumers can find out which companies have the most complaints, discover disciplinary actions, and get help finding coverage.

auto insurance in Olivet

The best insurance company isn't always the cheapest

Cheap auto insurance can be sourced online and with local Olivet insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some auto insurance companies do not offer online price quotes and usually these smaller companies provide coverage only through local independent agents.

As you go through the steps to switch your coverage, you should never reduce coverage to reduce premium. In too many instances, an insured dropped comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. Your focus should be to find the BEST coverage for the lowest price while not skimping on critical coverages.

Drivers change insurance companies for any number of reasons including questionable increases in premium, delays in responding to claim requests, an unsatisfactory settlement offer or even policy cancellation. Whatever your reason, switching auto insurance companies is easier than you think.