Top Ways to Save on Sharon Auto Insurance

I can't think of a single person who looks forward to paying for auto insurance, especially knowing the cost is way too high. Insurance companies such as GEICO and Progressive all claim big savings with advertising and it can be hard to sift through the bull and find the best price available.

It's important to compare rates occasionally since insurance rates are constantly changing. Even if you got the best price two years ago the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you're about to find out the tricks you need to know to find great coverage at a great price.

Policy discounts you shouldn't miss

Car insurance companies don't always list all their discounts in a way that's easy to find, so we took the time to find some of the best known and the more hidden discounts you could be receiving. If you aren't receiving every discount you qualify for, you're paying more than you need to.

Accident Forgiveness - A handful of insurance companies permit an accident before raising your premiums as long as you don't have any claims for a certain period of time.
Anti-lock Brakes - Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.
New Vehicle Savings - Insuring a new car can be considerably cheaper compared to insuring an older model.
No Accidents - Good drivers with no accidents can save substantially as compared to bad drivers.
Payment Method - By paying your policy upfront instead of paying each month you may reduce your total bill.

It's important to note that some credits don't apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, you're out of luck.

To see a list of companies who offer auto insurance discounts in Sharon, click here.

Automobile Insurance Quotes in Sharon, TN

Finding cheaper auto insurance prices can be relatively painless. Consumers just need to invest a little time to compare quotes provided by online insurance companies. It is quite easy and can be accomplished using a couple different methods.

The best way to find the lowest comparison rates is a comparison rater form like this one (opens in new window). This type of form saves time by eliminating multiple quote forms for each company. A single form gets rate comparisons from multiple low-cost companies.
A less efficient way to shop for auto insurance online is spending the time to visit each individual company website to complete a price quote. For instance, let's say you want to compare , and . You would have to go to every website and enter your policy data, which is why most consumers use the first method.

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

Whichever method you choose, make absolute certain that you use exactly the same information with each company. If you are comparing higher or lower deductibles it will be next to impossible to make an equal comparison in Sharon.

You have some control over your rates

An important part of buying insurance is that you know the factors that help determine auto insurance rates. Having a good understanding of what influences your rates enables informed choices that may reward you with better auto insurance rates.

The following are a few of the "ingredients" auto insurance companies consider when setting rates.

Do men or women drive better? - Statistics show women are more cautious behind the wheel. However, this does not mean men are worse drivers. Men and women have accidents in similar percentages, but the males have costlier accidents. They also get more serious tickets like reckless driving and DUI. Young males are several times more likely to be in an accident and therefore have the most expensive auto insurance rates.
How credit affects auto insurance rates - Credit history is a large factor in determining your rates. If your credit is not that good, you could pay less to insure your by improving your credit score. Drivers who have excellent credit tend to be better drivers and file fewer claims than those with lower credit scores.
More miles equals more premium - Driving more miles each year the more you will pay for auto insurance. Most insurance companies price each vehicle's coverage based on their usage. Cars that are left in the garage qualify for better rates compared to those used for work or business. Verify your auto insurance coverage is rated on the proper vehicle usage.
Do you have a high stress job? - Did you know your auto insurance rates can be affected by your occupation? Jobs such as lawyers, social workers and dentists tend to have the highest average rates attributed to high stress and long work hours. Other occupations like scientists, historians and performers receive lower rates.

Insurance agents can help

When choosing the right insurance coverage for your vehicles, there really is not a one size fits all plan. Each situation is unique and your policy should reflect that. For example, these questions might point out whether your personal situation might need an agent's assistance.

Does my policy cover me when driving someone else's vehicle?
Can I get a multi-policy discount for packaging my home and auto coverage?
Can I still get insurance after a DUI?
What companies insure drivers after a DUI or DWI?
Are my tools covered if they get stolen from my vehicle?
What is the difference between comprehensive and collision coverage?
Do I need special endorsements for business use of my vehicle?

If you can't answer these questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Save $429 a year? Really?

Tennessee drivers can't get away from ads for cheaper car insurance by State Farm, GEICO and Progressive. They all seem to have a common claim that you can save after switching to their company.

How can each company say the same thing?

Different companies have a certain "appetite" for the driver that is profitable for them. For example, a desirable insured might be profiled as between the ages of 30 and 50, owns a home, and chooses high deductibles. A propective insured that hits that "sweet spot" gets the lowest rates and is almost guaranteed to save when they switch companies.

Potential insureds who don't qualify for the requirements will have to pay more money and this can result in business not being written. Company advertisements say "people who switch" but not "drivers who get quotes" save that much. That is how insurance companies can state the savings. Because of the profiling, drivers must compare as many rates as you can. It's not possible to predict which company will give you the biggest savings.

Best coverage at the best price

Lower-priced auto insurance can be purchased on the web and also from your neighborhood Sharon agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

When buying insurance coverage, it's a bad idea to reduce coverage to reduce premium. In many cases, an insured cut physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to buy the best coverage you can find at an affordable rate.

Additional detailed information can be found at the Tennessee Department of Commerce and Insurance website. Tennessee drivers can learn about insurance regulations, find out industry alerts, file complaints about an insurance agent or broker, and read industry bulletins.