Tightwads Instructions on Saving on Sherwood Auto Insurance

Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us, there are many Sherwood consumers feeling the pinch from expensive auto insurance. Lots of contend for your business, so it can be very hard to choose a and uncover the absolute lowest price

Save big with these discounts

Car insurance companies do not list every discount in an easy-to-find place, so here is a list both well-publicized and the more hidden discounts you could be receiving. If they aren't giving you every credit possible, you're paying more than you need to.

Pay Upfront and Save - By paying your policy upfront instead of paying each month you may reduce your total bill.
Memberships - Participating in certain professional organizations may earn a discount when shopping for auto insurance.
No Accidents - Drivers with accident-free driving histories can earn big discounts when compared to bad drivers.
Low Mileage Discounts - Keeping the miles down can qualify you for a substantially lower rate.
Life Insurance Discount - Some companies give lower rates if you buy auto and life insurance together.

It's important to note that some of the credits will not apply to all coverage premiums. Most only apply to the cost of specific coverages such as liability and collision coverage. So when it seems like all those discounts means the company will pay you, you're out of luck.

To see a list of insurance companies with the best auto insurance discounts in Sherwood, click here.

Compare Quotes for Sherwood Auto Insurance

Finding cheaper auto insurance prices doesn't have to be difficult. You just have to spend a few minutes on the computer comparing price quotes online from several insurance companies. This is very easy and can be done using a couple different methods.

The best way to compare a lot of rates at once is to use a rate comparison form click here to open form in new window. This type of form eliminates the need for multiple quote forms to each individual auto insurance company. Filling out one form gets you coverage quotes from multiple low-cost companies.
A less efficient way to get quotes online consists of going to the website of each company to complete their respective quote request forms. For instance, let's say you want to compare rates from , and . To find out each rate you need to go to every website to enter your coverage information, which is why most consumers use the first method.

To view a list of companies in Sherwood, click here.
The most time-consuming method of comparing rate quotes is to spend your day driving to local Sherwood insurance agencies. Buying insurance online has reduced the need for local agents unless you prefer the professional advice only provided by licensed Sherwood agents. It is possible to obtain prices from the web and still use a local agent.

However you get your quotes, ensure you are comparing the exact same coverages on every quote you get. If you use different limits and deductibles on each one it will be impossible to determine which rate is truly the best in Sherwood.

Good Decisions Result in Lower Rates

An important part of buying insurance is that you know the factors that come into play when calculating the price you pay for auto insurance. Understanding what influences your rates enables informed choices that will entitle you to big savings.

Special features that cut premiums - Choosing a vehicle that has an advanced theft prevention system can save you a little every year. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart auto theft.
Liability insurance protects assets - The liability section of your policy provides coverage when a court rules you are at fault for causing damage or personal injury in an accident. It will provide legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not skimp.
Rates may be higher depending on your occupation - Careers like doctors, social workers and accountants tend to have higher rates than average attributed to high stress and lots of time spent at work. On the flip side, professions such as actors, athletes and the unemployed receive lower rates.
Policy add-ons can waste money - There are a lot of extra coverages that can waste your money on your auto insurance policy. Coverages like roadside assistance, accident forgiveness and term life insurance are some examples. These coverages may sound good at first, but if they're wasting money get rid of them and save.
The more you drive the more you pay - The more you drive in a year the higher your rate. Most insurance companies apply a rate based on their usage. Cars not used for work or commuting can get a lower rate than those used for commuting. Ask your agent if your auto insurance policy is showing the correct driver usage, because it can save money.
Being married is a good thing - Being married actually saves money on auto insurance. Having a significant other means you're more mature and it's statistically proven that being married results in fewer claims.

Auto insurance ads bend the truth

Oregon consumers can't get away from ads that promise big savings by State Farm, Allstate and GEICO. They all have a common claim that you can save if you move to their company.

How do they all make almost identical claims?

All the different companies are able to cherry pick for the driver that is profitable for them. An example of a driver they prefer could possibly be between the ages of 40 and 55, has no driving citations, and chooses high deductibles. A driver that hits that "sweet spot" is entitled to the best price and most likely will cut their rates substantially.

Potential customers who fall outside the "perfect" profile will be quoted a higher premium and this can result in the driver buying from a lower-cost company. Company advertisements say "people who switch" not "people who quote" save that much. That's the way insurance companies can state the savings. This emphasizes why drivers must get as many comparisons as possible. It is impossible to predict which auto insurance company will give you the biggest savings.

And the best car insurance company is...

Lower-priced auto insurance is definitely available online and also from your neighborhood Sherwood agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies may not provide the ability to get a quote online and these smaller companies work with independent agents.

When buying insurance coverage, never reduce coverage to reduce premium. There have been many situations where someone sacrificed comprehensive coverage or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to buy enough coverage at an affordable rate while still protecting your assets.

Learn more about Oregon auto insurance

Additional detailed information is available at the Oregon Insurance Division website. Oregon consumers can view a list of available companies, find out which companies have the most complaints, read industry bulletins, and discover disciplinary actions.