How to Know You're Spending Too Much for Auto Insurance in Pinconning

Scraping up a payment for overpriced auto insurance can take a big chunk out of your checking account and put a big crunch on your finances. Doing a price comparison is a great way to help make ends meet.

Because you have many options when it comes to auto insurance, it's difficult to choose the cheapest car insurance company.

Finding affordable protection in Pinconning is not that difficult. Just about anyone who is required by state law to have auto insurance will be able to reduce their rates. But Michigan consumers do need to know the way insurance companies compete online and use this information to your advantage.

Pinconning Auto Insurance Prices Online

Most major insurance companies give insurance quotes online. This process doesn't take much effort as you just enter the coverages you want as detailed in the form. Behind the scenes, the system will obtain your credit score and driving record and quotes a price. This makes it a lot easier to compare rates but having to visit a lot of sites and enter the same data into a form can be a bit repetitive. But it's very important to perform this step in order to get the best price on auto insurance.

The easy way to compare rates

A less time-consuming method to find lower prices uses one form that gets prices from more than one company. The form is fast, reduces the work, and makes online quotes a lot less work. After sending your information, your coverage is rated and you can select any or none of the returned quotes.

If a lower price is quoted, it's easy to complete the application and buy the policy. This process takes less than 15 minutes and may result in a nice savings.

To find out if lower rates are available, click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you enter your coverages identical to your current policy. This way, you will have a fair comparison based on similar coverages.

Understand what determines the rate you pay

It's important that you understand the factors that help determine the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay helps enable you to make changes that could result in lower auto insurance prices.

Extra coverages can waste money - There are a ton of add-on coverages that you can get tricked into buying when buying auto insurance. Things like rental car reimbursement, accidental death and membership fees are some examples. They may seem like a good idea when you first buy your policy, but your needs may have changed so remove them from your policy.
Being married is a good thing - Having a spouse can get you a discount on auto insurance. Having a spouse usually means you are more mature than a single person and it's proven that married drivers get in fewer accidents.
Older drivers save more - Youthful drivers in Michigan are known to get distracted easily when driving so auto insurance rates are higher. Having to add a youthful driver onto your auto insurance can break the bank. More mature drivers are more responsible, tend to file fewer claims and get fewer tickets.
More than one policy can earn a discount - Many insurance companies will award you with lower prices to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, you still need to shop around to confirm you are receiving the best rates possible.
High deductibles save money - The deductibles represent how much money you are required to spend in the event of a claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some examples of claims that would be covered would be colliding with a building, damage caused by hail, or theft. The higher the amount the insured has to pay upfront, the bigger discount you will receive.
A lapse in coverage is a bad thing - Allowing your auto insurance policy to lapse will be a quick way to trigger a rate increase. And not only will your rates increase, but being ticketed for driving with no insurance will get you a license revocation or jail time.You may then be required to submit proof of financial responsibility or a SR-22 with the Michigan DMV.

Are you getting all your discounts?

Insurance can be prohibitively expensive, but companies offer discounts to cut the cost considerably. Larger premium reductions will be automatically applied when you purchase, but lesser-known reductions have to be inquired about before being credited.

Fewer Miles Equal More Savings - Fewer annual miles can earn a substantially lower rate.
Paperless Signup - Certain companies may give you up to $50 for buying a policy and signing up online.
Student in College - Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
Anti-theft Discount - Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
Own a Home - Owning a home in Pinconning can save you money due to the fact that maintaining a home is proof that your finances are in order.
Seat Belt Usage - Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off your medical payments premium.
No Claims - Drivers who don't have accidents can save substantially when compared with frequent claim filers.
Military Discounts - Being deployed with a military unit may qualify for rate reductions.
Good Student Discount - Getting good grades can get you a discount of up to 25%. This discount can apply well after school through age 25.

Consumers should know that some of the credits will not apply to all coverage premiums. Most cut individual premiums such as liability and collision coverage. So even though they make it sound like it's possible to get free car insurance, companies don't profit that way. But all discounts will help reduce the cost of coverage.

For a list of insurers who offer auto insurance discounts in Michigan, click here.

Much more information about auto insurance in Michigan can be found on the website for the Michigan Office of Financial and Insurance Regulation located here. Visitors are able to discover disciplinary actions, get help finding coverage, read enforcement actions against agents and companies, and read consumer alerts.

Other useful links include this resource for Michigan auto insurance prices and this page of Pinconning insurance agents.

Shop smart and save

Discount auto insurance can be bought both online in addition to many Pinconning insurance agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who do not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

When you buy insurance online, do not reduce needed coverages to save money. There are a lot of situations where drivers have reduced uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. The proper strategy is to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.