Tightwads Instructions on Saving on Richmond Car Insurance

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us when we tell you you're not the only one.

Lots of contend to insure your vehicles, so it can be very hard to choose a and get the best coverage at the lowest price

It's important to get comparison quotes every six months because rates are constantly changing. Just because you found the best price on your last policy you will most likely find a better rate today. Ignore everything you know about car insurance because I'm going to let you in on the secrets to the quickest way to eliminate unnecessary coverages and save money.

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Finding affordable coverage in Richmond is easy if you know what you're doing. But Michigan car owners do need to know how companies sell online and apply this information to your search.

Policy discounts you shouldn't miss

The price of auto insurance can be rather high, but companies offer discounts that you may not know about. Some trigger automatically when you quote, but less common discounts must be inquired about prior to getting the savings.

  • Discount for Life Insurance - Select insurance companies reward you with lower rates if you buy auto and life insurance together.
  • Clubs and Organizations - Belonging to certain professional organizations could qualify you for a break on car insurance.
  • Homeowners Discount - Owning a house in Richmond may trigger a car insurance policy discount because maintaining a house is proof that your finances are in order.
  • No Claims - Drivers with accident-free driving histories can save substantially as compared to drivers who are more careless.
  • Student Driver Training - Make teen driver coverage more affordable by requiring them to complete a driver education course if offered at their school.
  • Drive Less and Save - Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Military Discounts - Having a deployed family member could be rewarded with lower premiums.
  • Passive Restraints - Factory air bags and/or automatic seat belt systems can get savings of more than 20%.
  • Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.

Consumers should know that most of the big mark downs will not be given to all coverage premiums. Some only apply to specific coverage prices like collision or personal injury protection. So when it seems like all those discounts means the company will pay you, companies don't profit that way. But all discounts will cut the amount you have to pay.

Michigan car insurance quotes

Save $429 a year? Really?

Car insurance companies such as GEICO, State Farm and Progressive consistently run television and radio advertisements. They all seem to say the same thing that you'll save big if you change your policy. How do they all make the same claim? It's all in the numbers.

All the different companies are able to cherry pick for the right customer that earns them a profit. For example, a desirable insured could be between 25 and 40, has no driving citations, and has great credit. A customer who fits that profile will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't qualify for the "perfect" profile will have to pay a higher premium which usually ends up with business going elsewhere. The ad wording is "customers who switch" but not "drivers who get quotes" save that kind of money. That's the way companies can advertise the savings.

Because of the profiling, you should get a wide range of price quotes. Because you never know which car insurance company will fit your personal profile best.

Learn more about Michigan car insurance

Much more information about car insurance in Michigan can be found on the website for the Michigan Office of Financial and Insurance Regulation found here. Consumers can file complaints about an insurance agent or broker, find out which companies have the most complaints, report car insurance fraud, and read industry bulletins.

Affordable insurance is out there

When you buy insurance online, never buy lower coverage limits just to save a few bucks. In many instances, someone sacrificed physical damage coverage only to discover later that the few dollars in savings costed them thousands. The ultimate goal is to get the best coverage possible at the best price.

Discount car insurance can be sourced from both online companies in addition to many Richmond insurance agents, so you should compare both to have the best rate selection. There are still a few companies who do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

We just showed you many ways to reduce car insurance prices online. It's most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. Consumers may even find the most savings is with some of the smallest insurance companies. Regional companies may often insure only within specific states and give getter rates compared to the large companies like .