Car Insurance in Skagway - 9 Discounts You Might be Unaware of

Expensive car insurance can empty your savings account and make it hard to pay other bills. Comparison shopping is a great way to slash your bill and have more diposable income. Online insurance companies like State Farm, Allstate, GEICO and Progressive persitently shower you with fancy advertisements and it is difficult to sift through the bull and take the time to shop coverage around.

It's important to check car insurance prices quite often since rates are constantly changing. Even if you got the best price last year you can probably find a better price now. Forget anything you know (or think you know) about car insurance because you're about to find out the only way to buy cheaper car insurance.

Policy discounts you shouldn't miss

The cost of insuring your cars can be expensive, but there are discounts available that many people don't even know exist. Larger premium reductions will be automatically applied at the time you complete a quote, but a few need to be asked for prior to getting the savings. If you aren't receiving every discount you deserve, you are paying more than you should be.

College Student - Youth drivers who attend school more than 100 miles from home and do not have a car can receive lower rates.
Theft Prevention System - Vehicles with anti-theft systems help deter theft and therefore earn up to a 10% discount.
Anti-lock Brakes - Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more.
Good Student Discount - This discount can be rewarded with saving of up to 25%. This discount can apply until age 25.
New Car Discount - Buying coverage on a new vehicle can cost up to 25% less due to better safety requirements for new cars.
Drivers Ed for Students - Cut your cost by having your teen driver complete a driver education course in school.
Military Rewards - Being deployed with a military unit could mean lower rates.
Government Employees - Employees or retirees of the government may qualify you for a discount with select insurance companies.
Bundle and Save - If you insure your home and vehicles with one company you could get a discount of approximately 10% to 15%.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears all those discounts means the company will pay you, car insurance companies aren't that generous. Any amount of discount will reduce the amount you have to pay.

To choose companies offering car insurance discounts in Skagway, click here.

Save $429 a year? Really?

Consumers can't ignore all the ads for car insurance savings by companies like Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim about savings if you switch to them.

How can each company make the same claim? This is how they do it.

All the different companies have a preferred profile for the type of driver that makes them money. For example, a desirable insured could be a mature driver, insures multiple vehicles, and drives newer vehicles. Any new insured that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to save when they switch companies.

Potential customers who don't qualify for the requirements will have to pay a more expensive rate and this can result in business going elsewhere. The ad wording is "drivers who switch" but not "drivers who get quotes" save money. This is how companies can truthfully claim big savings.

Because of the profiling, you should quote coverage with many companies. It's just too difficult to predict which insurance companies will give you the biggest savings.

Insurance agents can help

When buying the right insurance coverage for your personal vehicles, there really is not a "perfect" insurance plan. Every insured's situation is different and your policy should reflect that. For example, these questions may help you determine whether your personal situation would benefit from professional advice.

Why does it cost so much to insure a teen driver in Skagway?
What are Alaska no-fault laws?
Am I covered when renting a car or should I buy coverage from the car rental agency?
Am I covered when pulling a rental trailer?
Does my insurance cover a custom paint job?
Should I buy only the required Alaska minimum liability coverage?
Who is covered when they drive my vehicle?
Is rental equipment covered for theft or damage?

If you can't answer these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

More sites with car insurance information

Additional information can be found on the website for the Alaska Division of Insurance. Click here for link. Consumers can read enforcement actions against agents and companies, read consumer alerts, find out industry alerts, and file complaints about a company.

And the best car insurance company is...

When trying to cut insurance costs, it's not a good idea to buy poor coverage just to save money. There are many occasions where drivers have reduced physical damage coverage only to regret at claim time that it was a big mistake. Your aim should be to get the best coverage possible for the lowest price.

You just learned a lot of techniques to save on car insurance. The key thing to remember is the more times you quote, the better likelihood of reducing your rate. Drivers may discover the best price on car insurance is with a lesser-known regional company. Some small companies may have significantly lower rates on certain market segments compared to the large companies like .