How to Know You're Wasting Money for Auto Insurance in Rock Spring

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me, there are many people just like you.

Popular companies such as GEICO and Progressive promote their brand names with TV and radio ads and it is challenging if not impossible to sift through the bull and do the work needed to find the best deal.

It's important to do rate comparisons every six months because insurance rates are constantly changing. Even if you got the best deal six months ago you can probably find a better price now. Starting now, block out anything you think you know about auto insurance because you're about to learn the only way to remove unneeded coverages and save money.

If you currently have a car insurance policy, you should be able to save some money using these methods. Buying car insurance in Rock Spring is quite easy. Nevertheless, Georgia drivers do need to know the way insurance companies price online insurance and take advantage of how the system works.

Why some people pay less for insurance in Rock Spring

Consumers need to have an understanding of the rating factors that go into determining the price you pay for auto insurance. Having a good understanding of what determines base rates allows you to make educated decisions that may reward you with much lower annual insurance costs.

With age comes lower rates - Older insureds are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations. Teen drivers are statistically proven to get distracted easily when behind the wheel and because of this, their auto insurance rates are much higher.
Do you know your deductibles? - Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of covered claims could be a windshield shattered by a rock, damage from fire, and windstorm damage. Physical damage deductibles are how much you are willing to pay before your auto insurance pays a claim. The more money you're willing to pay, the less your auto insurance will be.
Do you qualify for a multi-policy discount? - Most auto insurance companies will give a discount to customers who carry more than one policy such as combining an auto and homeowners policy. Discounts can be ten or even up to twenty percent in some cases. If you currently are using one company, you still need to comparison shop to make sure you are getting the best deal. You may still be able to find a better deal by buying auto insurance from a different company.
Your job and insurance rates - Did you know that where you work can have an impact on rates? Jobs such as doctors, executives and dentists tend to pay the highest average rates because of job stress and long work days. Other professions such as actors, historians and homemakers have the lowest average rates.
Extra add-on coverages are wasting money - There are many extra coverages that you can buy on your auto insurance policy. Insurance for roadside assistance, towing coverage and motor club memberships may be wasting your money. They may seem good when you first buy your policy, but if you don't need them eliminate the coverages to reduce your premium.
Your car's features help determine rates - Choosing a vehicle with an alarm system can help bring down rates. Anti-theft features like GM's OnStar, tamper alarm systems and vehicle immobilizers can thwart your vehicle from being stolen.

Save big with these discounts

Companies offering auto insurance don't always publicize all their discounts in a way that's easy to find, so here is a list both well-publicized as well as the least known ways to save on auto insurance.

Save over 55 - If you're over the age of 55, you may qualify for reduced rates.
Multi-car Discount - Insuring more than one vehicle with the same company may reduce the rate for each vehicle.
Bundle and Save - If you insure your home and vehicles with the same company you may save at least 10% off all policies.
Accident Free - Drivers with accident-free driving histories can earn big discounts as compared to accident-prone drivers.
Defensive Driver - Successfully completing a course in driver safety could possibly earn you a 5% discount if your company offers it.
Drivers Ed for Students - Cut your cost by having your teen driver complete a driver education course in school.
Drive Less and Save - Driving fewer miles can qualify you for better rates on cars that stay parked.
Braking Control Discount - Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.

Consumers should know that many deductions do not apply to all coverage premiums. Some only reduce individual premiums such as liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, companies don't profit that way.

To choose companies offering auto insurance discounts in Rock Spring, click this link.

Auto insurance ads bend the truth

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on TV and radio. They all seem to make the same claim of big savings if you switch to them. How can each company make almost identical claims?

Insurance companies are able to cherry pick for the type of driver that makes them money. An example of a desirable insured could possibly be a mature driver, has no driving citations, and has a high credit rating. A driver who matches those parameters will get very good rates and most likely will save when they switch companies.

Potential customers who fall outside the requirements will have to pay higher prices which leads to the driver buying from a lower-cost company. The ads say "customers that switch" not "people who quote" save money. That's the way insurance companies can confidently state the savings. Because of the profiling, you should get a wide range of price quotes. It is impossible to predict which auto insurance company will have the lowest rates.

Learn more about Georgia auto insurance

More tips and info about auto insurance is available at the Georgia Insurance and Safety Fire Commissioner website. Georgia consumers can read enforcement actions against agents and companies, report car insurance fraud, read consumer alerts, and read industry bulletins.

Shop smart and save

As you restructure your insurance plan, it's a bad idea to buy poor coverage just to save money. There are many occasions where someone sacrificed comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. Your aim should be to find the BEST coverage at a price you can afford.

Cost effective auto insurance can be found online and with local Rock Spring insurance agents, and you need to price shop both so you have a total pricing picture. Some insurance companies do not offer online price quotes and most of the time these smaller companies sell through independent agents.