Top 8 Ways to Get Lower Rates on Car Insurance in Punta Gorda, FL
Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us, many consumers are feeling buyer's remorse and feel like there's no way out.
Companies like GEICO and Progressive persitently shower you with ads and it can be hard to sift through the bull and effectively compare rates to find the best deal.
How to Compare Punta Gorda Car Insurance Costs
Performing a rate comparison can take time and effort if you don't understand the fastest way to get free quotes. You can spend your afternoon talking to insurance agencies in Punta Gorda, or you can utilize the web to get rate comparisons in just a few minutes.
Most of the larger companies are enrolled in a marketplace that enables customers to submit one quote, and each company returns a competitive quote determined by their information. This saves time by eliminating form submissions to each individual car insurance company.
To submit your quote information now, click here to open in new window.
The only drawback to pricing coverage this way is you are unable to specify which providers to get quotes from. So if you want to select specific providers to compare, we have assembled a list of low cost car insurance companies in Florida. Click here to view list.
It's up to you which method you use, but compare exactly the same coverage limits with every price quote. If your comparisons have differing limits it will be next to impossible to find the best deal in Punta Gorda. Quoting even small variations in limits may result in large price differences. Just keep in mind that comparing more company's prices will improve the odds of getting better pricing.
Don't pay full price with these eight discounts
Properly insuring your vehicles can get expensive, buy you may qualify for discounts to help bring down the price. Larger premium reductions will be automatically applied at the time you complete a quote, but lesser-known reductions have to be asked for prior to getting the savings.
- Claim Free - Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.
- Low Mileage Discounts - Low mileage vehicles can earn discounted rates on garaged vehicles.
- Lower Rates for Military - Being on active duty in the military could be rewarded with lower premiums.
- Federal Government Employee - Employees or retirees of the government can save as much as 8% with a few car insurance companies.
- Anti-theft Discount - Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
- Drivers Ed for Students - Cut your cost by having your teen driver successfully complete driver's ed class if offered at their school.
- Organization Discounts - Belonging to a civic or occupational organization is a good way to get lower rates when shopping for car insurance.
- Safety Course Discount - Completing a driver safety course could possibly earn you a 5% discount if your company offers it.
Keep in mind that most discount credits are not given the the whole policy. A few only apply to the cost of specific coverages such as comp or med pay. Just because you may think all the discounts add up to a free policy, it just doesn't work that way. But any discount will reduce your premiums.
To choose insurance companies with discount car insurance rates in Punta Gorda, click here to view.
The car insurance bait and switch
Car insurance providers like Progressive, Allstate and GEICO consistently run ads in print and on television. They all make an identical promise that you can save if you change your coverage to them. How can each company make the same claim?
All companies are able to cherry pick for the type of customer that makes them money. For example, a driver they prefer could be a mature driver, has no tickets, and drives newer vehicles. Any new insured who meets those qualifications receives the best rates and therefore will save when they switch companies.
Potential customers who don't measure up to the requirements will be quoted a more expensive rate and ends up with business going elsewhere. Company advertisements say "people who switch" not "everyone that quotes" save that much money. That's the way insurance companies can claim big savings.
This emphasizes why you need to get as many comparisons as possible. It's just too difficult to predict which car insurance company will give you the biggest savings.
More information can be found on the website for the Florida Office of Insurance Regulation through this link. Consumers can read industry bulletins, find disaster information, download brochures, and view a list of available companies.
Affordable insurance is out there
Affordable car insurance is attainable from both online companies as well as from independent agents in Punta Gorda, and you need to price shop both to have the best rate selection. A few companies don't offer online price quotes and these regional insurance providers work with independent agents.
When trying to cut insurance costs, it's a bad idea to reduce coverage to reduce premium. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that it was a big mistake. Your strategy should be to buy enough coverage at an affordable rate while still protecting your assets.
