Free Guide to Cutting Costs on Shannon Auto Insurance Online

Have you had enough of being strong-armed each month for car insurance? You are no different than many other North Carolina drivers. Numerous battle to insure your vehicles, so it's not easy to compare every to find the lowest price

It's important to compare prices once or twice a year since insurance rates are constantly changing. Even if you got the best price a few years ago you can probably find a better price now. Block out anything you think you know about auto insurance because I'm going to let you in on the secrets to the tricks you need to know to find better coverage at a better price.

How to Lower your Auto Insurance Rates

Consumers need to have an understanding of the rating factors that help determine auto insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with big savings.

The following are a few of the "ingredients" used by your company to calculate rates.

Do men or women drive better? - The statistics show that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. They both are in accidents in similar percentages, but the males have costlier accidents. They also have more aggressive citations like reckless driving and DUI. Youthful male drivers are several times more likely to be in an accident and are penalized with high auto insurance rates.
Optional equipment can affect rates - Driving a car that has an advanced theft prevention system can save you a little every year. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your vehicle from being stolen.
The more you drive the more you pay - Driving more miles every year the more you will pay for auto insurance. Almost all companies price each vehicle's coverage based upon how you use the vehicle. Autos not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Ask your agent if your auto insurance coverage is showing the proper vehicle usage.
Liability coverage protects you - Liability coverage will protect you if ever a jury decides you are liable for personal injury or accident damage. Liability provides for a legal defense which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should carry high limits.
Do you have a high stress job? - Did you know your auto insurance rates can be affected by your occupation? Jobs such as lawyers, executives and accountants have higher rates than average attributed to high stress levels and lots of time spent at work. On the flip side, occupations such as farmers, athletes and performers get better rates.
Low deductibles can be expensive - Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are colliding with a building, vandalism, and rolling your vehicle. Physical damage deductibles are how much you are required to spend before a claim is paid by your company. The higher the amount you have to pay, the less your company will charge you for insurance.
High crash test scores lower rates - Vehicles with good safety scores tend to have better insurance rates. These vehicles protect occupants better and better occupant protection translates into fewer and smaller insurance claims and lower rates for you.

Are you getting all your discounts?

Companies offering auto insurance don't always list all their discounts in an easy-to-find place, so we took the time to find some of the best known and the more hidden ways to save on auto insurance. If they aren't giving you every credit available, you are paying more than you should be.

Senior Discount - If you're over the age of 55, you may be able to get a small decrease in premiums.
Payment Method - If paying your policy premium upfront instead of making monthly payments you could save up to 5%.
Auto/Life Discount - Companies who offer life insurance give lower rates if you buy auto and life insurance together.
Organization Discounts - Affiliation with certain professional organizations could trigger savings on auto insurance.
Claim Free - Claim-free drivers can save substantially as compared to accident-prone drivers.
Multiple Vehicles - Buying coverage for multiple vehicles with the same company could earn a price break for each car.

As a disclaimer on discounts, many deductions do not apply to the entire cost. Most cut the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, auto insurance companies aren't that generous.

To choose companies who offer auto insurance discounts in Shannon, click this link.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

North Carolina drivers can't ignore all the ads for the lowest price auto insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to make the same claim about savings after switching your coverage to them.

How do they all say the same thing?

All the different companies can use profiling for the type of customer that makes them money. For example, a desirable insured might be profiled as over the age of 40, has no tickets, and has a short commute. A propective insured who matches those parameters gets the lowest rates and as a result will probably cut their rates substantially.

Consumers who are not a match for the "perfect" profile will have to pay higher prices which leads to business not being written. The ads say "people who switch" not "everybody who quotes" save that much money. That's why companies can truthfully make the claims of big savings. Because of the profiling, you should get a wide range of price quotes. It's not possible to predict the company that will fit your personal profile best.

More North Carolina auto insurance information

Even more information can be found at the North Carolina Department of Insurance website. North Carolina drivers can learn about insurance regulations, view a list of available companies, file complaints about an insurance agent or broker, and find out which companies have the most complaints.

A tidy conclusion

As you shop your coverage around, never buy poor coverage just to save money. There are many occasions where an insured dropped physical damage coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase plenty of coverage at an affordable rate.

Cheap auto insurance can be purchased on the web as well as from independent agents in Shannon, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance providers don't offer online price quotes and most of the time these regional insurance providers sell through independent agents.