Top 8 Ways to Save Money on Car Insurance in Siler City

Scraping up a payment for overpriced car insurance can take a big chunk out of your savings account and force you to make sacrifices. Doing a price comparison is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Lots of contend for your insurance dollar, and because of this it can be hard to compare to find the lowest price

If you have car insurance now, you will most likely be able to lower your premiums substantially using this information. Finding affordable coverage in Siler City is easy if you know what you're doing. But North Carolina car owners do need to know how big insurance companies market insurance on the web and apply this information to your search.

Policy discounts you shouldn't miss

Insurance can cost an arm and a leg, but discounts can save money and there are some available to help bring down the price. A few discounts will automatically apply when you purchase, but a few need to be requested specifically before being credited.

Multiple Cars - Buying insurance for all your vehicles on one policy qualifies for this discount.
55 and Retired - If you qualify as a senior citizen, you may receive a small decrease in premiums.
Fewer Miles Equal More Savings - Low mileage vehicles can earn discounted rates on garaged vehicles.
Anti-theft Discount - Cars that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
Clubs and Organizations - Belonging to certain professional organizations is a good way to get lower rates when buying car insurance.
Lower Rates for Military - Being on active duty in the military could be rewarded with lower premiums.
Claim Free - Drivers who don't have accidents can save substantially when compared with drivers who are more careless.
Student Driver Training - Make teen driver coverage more affordable by requiring them to enroll in driver's education if offered at their school.

Drivers should understand that most discount credits are not given to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like it's possible to get free car insurance, companies wouldn't make money that way. But all discounts will cut the amount you have to pay.

Insurance agents can help

When it comes to buying the right insurance coverage for your personal vehicles, there is no "perfect" insurance plan. Everyone's situation is unique so your insurance should reflect that For example, these questions may help you determine whether your personal situation might need professional guidance.

Can I afford to buy a different vehicle if my vehicle is totaled?
Should I buy additional glass protection?
Is my nanny covered when driving my vehicle?
Am I covered when driving on a suspended license?
Do I need special endorsements for business use of my vehicle?
Are rental cars covered under my policy?
Am I covered when delivering products for my home-based business?
Is my cargo covered for damage or theft?

If you're not sure about those questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Save $429 a year? Really?

Allstate, GEICO and Progressive consistently run television and radio advertisements. All the companies make an identical promise that you'll save big if you change your coverage to them. How do they all make the same claim? This is how they do it.

All companies have a preferred profile for the type of customer that earns them a profit. For example, a profitable customer could be between 30 and 50, insures multiple vehicles, and has a high credit rating. Any new insured who meets those qualifications gets the lowest rates and is almost guaranteed to cut their rates substantially.

Consumers who don't qualify for the "perfect" profile must pay higher prices and ends up with business going elsewhere. Company advertisements say "drivers who switch" but not "drivers who get quotes" save that much money. This is how companies can state the savings.

This illustrates why drivers should quote coverage with many companies. It's just too difficult to predict which insurance companies will have the lowest rates.

Much more information about car insurance in North Carolina can be found on the website for the North Carolina Department of Insurance. Click here for link. Consumers can report car insurance fraud, learn about insurance regulations, find disaster information, and read consumer alerts.

The best insurance company isn't always the cheapest

Budget-conscious car insurance is attainable from both online companies as well as from independent agents in Siler City, so compare prices from both in order to have the best price selection to choose from. Some insurance companies don't offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

As you restructure your insurance plan, never skimp on coverage in order to save money. In too many instances, drivers have reduced physical damage coverage only to regret at claim time that they should have had better coverage. Your focus should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.