Pound Ridge Car Insurance For Less Than You're Paying Now

Are you overwhelmed by the number of car insurance options in Pound Ridge? You're not alone. Drivers have so many companies to choose from that it can turn into more work than you anticipated to find better rates.

It's important to do rate comparisons at least once a year since rates are constantly changing. Just because you had the best deal a few years ago you can probably find a better price now. So block out anything you think you know about car insurance because we're going to show you the only way to remove unneeded coverages and save money.

Why some people pay less for insurance in Pound Ridge

Consumers need to have an understanding of the different types of things that go into determining the rates you pay for car insurance. Having a good understanding of what influences your rates allows you to make educated decisions that may reward you with lower car insurance prices.

Listed below are some of the factors companies use to determine rates.

Are you male or female? - Statistics demonstrate women are more cautious behind the wheel. That doesn't necessarily mean that women are better drivers. Women and men have accidents at about the same rate, but the males cause more damage. They also receive more costly citations like DUI and reckless driving. Young males are the most expensive to insure and are penalized with high car insurance rates.
Little extras can really add up - There are many extra coverages that you can buy when buying car insurance. Insurance for vanishing deductibles, towing coverage and motor club memberships may be costing you every month. These coverages may sound good initially, but if you don't need them eliminate the coverages to reduce your premium.
Your credit rating is important - Credit score is a big factor in calculating your car insurance rates. If your credit score is lower than you'd like, you could save money insuring your by improving your credit score. Drivers with good credit tend to file fewer claims and have better driving records than those with poor credit.
Frequent car insurance claims increase rates - If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Car insurance companies in New York award cheaper rates to drivers who file claims infrequently. Auto insurance is intended for the large, substantial claims.
Where you live - Choosing to live in a rural area can be a good thing when talking about car insurance. Fewer people means fewer accidents and also fewer theft and vandalism claims. Drivers in populated New York areas have much more traffic to deal with and longer commutes to work. More time commuting means higher likelihood of an accident.
Discounts for multiple policies - Most insurers will give a discount to insureds who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be five, ten or even twenty percent. Even with this discount, it's still a good idea to comparison shop to make sure you are getting the best deal. You may still be able to find a better deal by splitting coverages up.
Pay less if you're married - Being married can actually save you money on your policy. It is viewed as being more mature and statistics show being married results in fewer claims.

How much can you save with discounts?

The cost of insuring your cars can be expensive, but you may find discounts that you may not even be aware of. Certain discounts will be applied when you purchase, but lesser-known reductions have to be manually applied before being credited.

Senior Citizens - If you're over the age of 55, you may qualify for reduced rates.
Defensive Driver - Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
Passive Restraints - Factory air bags and/or automatic seat belt systems can qualify for discounts up to 30%.
Federal Government Employee - Employees or retirees of the government can save as much as 8% with select insurance companies.
Bundle and Save - If you insure your home and vehicles with one company you may save up to 20% off your total premium.

Keep in mind that most discount credits are not given the the whole policy. Most only apply to specific coverage prices like liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, it just doesn't work that way. But any discount will reduce the amount you have to pay.

To choose companies offering car insurance discounts in Pound Ridge, click here to view.

Save 15 percent in 15 minutes? Is it for real?

Car insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with television and radio advertisements. They all seem to make an identical promise that you can save if you switch to them. How can each company claim to save you money? It's all in the numbers.

All companies are able to cherry pick for the type of driver that makes them money. An example of a desirable insured might be between the ages of 30 and 50, has no tickets, and has a short commute. Any new insured who meets those qualifications is entitled to the best price and is almost guaranteed to save when they switch companies.

Consumers who don't meet the requirements will have to pay higher prices and ends up with the customer not buying. Company advertisements say "customers who switch" but not "drivers who get quotes" save money. That's the way insurance companies can make the claims of big savings.

Because of the profiling, you should get as many comparisons as possible. It's just too difficult to predict which car insurance company will fit your personal profile best.

Find out more about car insurance

More information is available on the New York Department of Financial Services website found here. Visitors are able to learn about insurance regulations, discover disciplinary actions, and find out industry alerts.

Final considerations

As you shop your coverage around, it's a bad idea to buy poor coverage just to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy enough coverage at the best price.

Affordable car insurance is available both online and with local Pound Ridge insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers do not offer online price quotes and most of the time these smaller companies sell through independent agents.

We just covered some good ideas how you can save on car insurance. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. You may even find the lowest rates come from a small mutual company.