Lower Online Rich Square Auto Insurance Prices With These Tips

If price shopping auto insurance online is new to you, it's easy to get confused by the hoards of auto insurance companies all offering big savings in Rich Square.

More discounts equal less premium

Insurance can be prohibitively expensive, but you can get discounts that you may not know about. A few discounts will automatically apply when you get a quote, but a few must be requested specifically before you will receive the discount.

  • Driver Safety - Taking a course in driver safety can save you 5% or more if you qualify.
  • Anti-theft System - Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
  • Accident Forgiveness - Some insurance companies will forgive one accident before your rates go up so long as you haven't had any claims for a certain period of time.
  • Passive Restraint Discount - Vehicles equipped with air bags or motorized seat belts can receive discounts up to 30%.
  • Fewer Miles Equal More Savings - Fewer annual miles could be rewarded with a substantially lower rate.

It's important to note that some of the credits will not apply to your bottom line cost. Some only reduce individual premiums such as liability and collision coverage. So despite the fact that it appears you could get a free auto insurance policy, you're out of luck. But any discount will help reduce your premiums.

auto insurance in Rich Square

Good Decisions Result in Lower Rates

Smart consumers have a good feel for the factors that help determine the price you pay for auto insurance. When you know what positively or negatively influences your rates enables informed choices that could result in better auto insurance rates.

  • Do you need the policy add-ons? - There are a ton of additional coverages that you can get tricked into buying on your auto insurance policy. Things like personal injury protection, accidental death and term life insurance are some examples. These coverages may sound good when you first buy your policy, but if they're wasting money remove them from your policy.
  • Do you qualify for a multi-policy discount? - Many insurance companies will award you with lower prices to customers who buy several policies from them, otherwise known as a multi-policy discount. Even with this discount, you still need to compare other company rates to ensure the best deal.
  • Women pay lower rates - Statistics show women tend to be less risk to insure than men. However, this does not mean men are worse drivers. Men and women cause accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to get more serious tickets such as DWI and reckless driving. Young males are most likely to cause an accident and therefore are the most expensive to insure.
  • Traffic violations increase rates - Only having one citation can boost insurance rates twenty percent or more. Careful drivers have lower premiums compared to drivers with tickets. Drivers with flagrant tickets like reckless driving, hit and run or driving under the influence are required to file a proof of financial responsibility form (SR-22) with their state DMV in order to keep their license.

It's not one size fits all

When it comes to buying the best auto insurance coverage for your vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out if you might need professional guidance.

  • Do I really need UM/UIM coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Does my policy cover me when driving someone else's vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is my vehicle covered for flood damage?
  • Does my policy cover my teen driver if they drive my company car?
  • Why am I required to get a high-risk car insurance policy?

If you can't answer these questions then you might want to talk to a licensed insurance agent. If you don't have a local agent, complete this form.

Switch companies and save? Really?

21st Century, Allstate and State Farm continually stream ads in print and on television. All the companies have a common claim that you can save after switching to their company. But how can every company make almost identical claims?

Different companies have a certain "appetite" for the driver that earns them a profit. For instance, a profitable customer could possibly be between 30 and 50, owns a home, and has a high credit rating. A driver that hits that "sweet spot" will get very good rates and therefore will save a lot of money.

Drivers who do not match this ideal profile must pay higher premiums and this can result in the driver buying from a lower-cost company. The ads say "customers that switch" not "everyone that quotes" save that much. That is how insurance companies can state the savings.

This illustrates why drivers should compare as many rates as you can. It is impossible to predict which company will have the lowest rates.

More information is located on the North Carolina Department of Insurance website located here. North Carolina consumers can discover disciplinary actions, read consumer alerts, and learn about insurance regulations.

Also read more on this resource for North Carolina auto insurance prices and this link which helps you find a Rich Square agent.

Rich Square auto insurance quote

Shop smart and save

Lower-priced auto insurance can be sourced online and also from your neighborhood Rich Square agents, so compare prices from 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, don't be tempted to skimp on coverage in order to save money. There are a lot of situations where an insured cut collision coverage and learned later that they should have had better coverage. The proper strategy is to find the BEST coverage at a price you can afford while not skimping on critical coverages.

In this article, we presented a lot of techniques to reduce auto insurance prices online. The most important thing to understand is the more companies you get rates for, the better likelihood of reducing your rate. Drivers may discover the best prices are with the least-expected company.