7 Ways You Can Buy Car Insurance for Less in Smithtown

Scraping up a payment for overpriced car insurance can take a big chunk out of your savings account and put a big crunch on your finances. Doing a price comparison is a smart way to reduce premiums and put more money in your pocket.

Drivers have so many to buy insurance from, and even though it's nice to have multiple companies, too many choices makes it more difficult to compare rates.

The purpose of this post is to help educate you on how to effectively get price quotes and some tips to save money. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. But New York car owners do need to know the way companies sell online and apply this information to your search.

Save big with these seven discounts

Insurance can cost an arm and a leg, but discounts can save money and there are some available that you may not know about. Certain discounts will be applied when you purchase, but less common discounts must be specially asked for before being credited.

Multiple Vehicles - Insuring multiple vehicles on one policy qualifies for this discount.
Paperless Signup - A handful of insurance companies will give a small break for buying a policy and signing up over the internet.
Student in College - Children who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
Clubs and Organizations - Belonging to a qualifying organization could qualify you for a break when buying car insurance.
Claim Free - Drivers who don't have accidents can save substantially when compared with drivers who are more careless.
Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education if it's offered in school.
New Car Discount - Adding a new car to your policy is cheaper due to better safety requirements for new cars.

Drivers should understand that most of the big mark downs will not be given to all coverage premiums. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like all those discounts means the company will pay you, companies wouldn't make money that way. But all discounts will bring down your overall premium however.

Car insurance ads bend the truth

Allstate, GEICO and Progressive continually stream ads on TV and radio. All the companies say the same thing that you'll save big after switching your coverage to them. How does each company make the same claim? This is how they do it.

All the different companies have a preferred profile for the type of customer that earns them a profit. For example, a profitable customer could be between the ages of 30 and 50, insures multiple vehicles, and chooses high deductibles. Any new insured who fits that profile receives the best rates and most likely will save when switching.

Consumers who fall outside these standards must pay higher prices which usually ends up with business going elsewhere. Company advertisements say "drivers who switch" not "people who quote" save that much money. This is how companies can state the savings.

This illustrates why drivers should get quotes from several different companies. It's just too difficult to predict which insurance companies will give you the biggest savings.

For more New York car insurance information

Much more information about car insurance in New York can be found on the website for the New York Department of Financial Services. Click here for link. Consumers can find out which companies have the most complaints, get help finding coverage, read enforcement actions against agents and companies, and read industry bulletins.

Shop smart and save

Budget-conscious car insurance can be sourced from both online companies as well as from independent agents in Smithtown, and you should compare price quotes 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.

When buying insurance coverage, it's very important that you do not skimp on coverage in order to save money. In too many instances, drivers have reduced physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy enough coverage for the lowest price while not skimping on critical coverages.