Proven Techniques to Save on Rocky Point Auto Insurance

Are you sick and tired of not being able to afford each month for car insurance? Your situation is no different than the majority of other car owners in North Carolina.

There is such a variety of to pick from, and though it is a good thing to have a choice, so many choices can make it hard to compare rates.

Cheap Rocky Point Auto Insurance Comparisons

The are a couple different ways of comparing price quotes and find the best price. The recommended way to find the cheapest insurance rates involves getting comparison quotes online. This can be accomplished in just a few minutes using one of these methods.

The first (and easiest) way consumers can analyze rates is a comparison rater form click to view form in new window. This easy form prevents you from having to do multiple quote forms to each individual auto insurance company. In just a few minutes this one form will return quotes from multiple low-cost companies.

A more difficult way to shop for auto insurance online is to take the time to go to the website of each company to request a price quote. For sake of this example, let's assume you want rates from , and . To find out each rate you need to spend time on each company's site and enter your information, and that's why the first method is more popular.

For a list of links to companies insuring cars in Rocky Point, click here.

The least recommended way to compare rates to local insurance agencies. The ability to buy insurance online makes this process obsolete unless you have a need for the professional advice only provided by licensed agents. However, consumers can compare the best prices online but buy from a local insurance agent. We'll cover that shortly.

It's up to you which method you use, but ensure you're using identical coverages and limits for each price quote. If each company quotes different deductibles it will be very difficult to truly determine the lowest rate in Rocky Point. Quoting even small variations in limits could mean much higher rates. And when price shopping your coverage, having more price comparisons helps you find a lower rate.

compare Rocky Point auto insurance rates

Understand what determines the rate you pay

It's important that you understand the different types of things that go into determining the price you pay for auto insurance. Knowing what influences your rates helps enable you to make changes that will entitle you to big savings.

Listed below are some of the factors that factor into prices.

  • More claims means more premium - Companies in North Carolina award lower rates to drivers who do not rely on their insurance for small claims. If you file claims often, you can look forward to either higher rates or even cancellation. Insurance coverage is designed for major claims that would cause financial hardship.
  • Careful drivers pay lower rates - A bad driving record has a lot to do with how much you pay for insurance. Even one speeding ticket may increase your cost by twenty percent. Drivers with clean records tend to pay less for car insurance than bad drivers. If you have serious violations such as hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to continue driving.
  • Liability insurance protects assets - Liability insurance will protect you when a court rules you are at fault for damages caused by your negligence. It provides legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.
  • Your occupation can affect rates - Did you know that where you work can have an impact on rates? Careers like doctors, business owners and financial analysts are shown to have higher average rates in part from high stress and lots of time spent at work. Conversely, occupations like farmers, engineers and homemakers pay the least.
  • Theft deterrents lower rates - Driving a car with anti-theft technology or alarm system can get you a discount on your auto insurance. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder car theft.
  • Are you male or female? - The statistics show that women are safer drivers than men. That doesn't necessarily mean that men are WORSE drivers than women. They both have accidents at about the same rate, but the men cause more damage. Men also statistically receive more costly citations such as DWI and reckless driving. Young males tend to get in the most accidents and thus pay the highest rates.
  • Clean credit earns discounts - Having a bad credit score is a huge factor in your rate calculation. If your credit history is lower than you'd like, you could be paying less to insure your by spending a little time repairing your credit. Consumers who have high credit ratings tend to be less risk to insure than those with poor credit.
  • Multi-policy discounts can save money - Most insurers provide better rates to customers who have multiple policies with them in the form of a multi-policy discount. Even with this discount, it's in your best interest to shop around to confirm you are receiving the best rates possible. You may still be able to find better rates by splitting coverages up.

Policy discounts you shouldn't miss

Auto insurance companies do not list every discount very clearly, so here is a list both well-publicized and the harder-to-find savings tricks you should be using.

  • Drivers Education - Require your teen driver to successfully complete driver's ed class in school.
  • Employee of Federal Government - Simply working for the federal government may qualify you for a discount with a few auto insurance companies.
  • Good Students Pay Less - Getting good grades can be rewarded with saving of up to 25%. The discount lasts until age 25.
  • Life Insurance - Some companies give a discount if you purchase auto and life insurance together.
  • Club Memberships - Participating in a qualifying organization is a good way to get lower rates when shopping for auto insurance.

It's important to note that most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because you may think having all the discounts means you get insurance for free, you're out of luck.

For a list of insurance companies offering auto insurance discounts in North Carolina, click here to view.

Additional detailed information is available at the North Carolina Department of Insurance website. North Carolina consumers can download brochures, file complaints about a company, find out which companies have the most complaints, and read industry bulletins.

Other useful links include this site for auto insurance rates in North Carolina and this list of insurance agents in Rocky Point, NC.

Affordable insurance is out there

You just read some good ideas how you can lower your auto insurance rates. The key thing to remember is the more providers you compare, the higher the chance of saving money. Drivers may discover the lowest premiums are with a smaller regional carrier. Smaller companies often have lower prices on specific markets compared to the large companies like .

Lower-priced auto insurance is available online in addition to many Rocky Point insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies do not provide online quoting and these smaller companies work with independent agents.