Car Insurance in Somerset Texas - 5 Discounts You Might be Losing Out On

Buying the lowest cost Somerset car insurance on the internet is rather challenging for people who are new to price shopping online. Because there are so many online companies, how can consumers have a chance to compare them all to find the best available price?

These 5 discounts can lower your rates

Insurance can cost an arm and a leg, but there are discounts available that many people don't even know exist. A few discounts will automatically apply at the time of purchase, but some must be asked for prior to receiving the credit. If you're not getting every credit you deserve, you are throwing money away.

  • Multi-car Discount - Buying coverage for more than one vehicle on one policy could earn a price break for each car.
  • Student in College - Children who live away from home and do not have a car can be insured at a reduced rate.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
  • Auto/Home Discount - If you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Early Signing - A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like you would end up receiving a 100% discount, car insurance companies aren't that generous. Any amount of discount will bring down the cost of coverage.

Different people need different coverages

When it comes to buying proper insurance coverage for your personal vehicles, there isn't really a "perfect" insurance plan. Everyone's needs are different.

For instance, these questions may help you determine whether you might need professional guidance.

  • Can I afford to buy a different vehicle if my vehicle is totaled?
  • What are Texas no-fault laws?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What is the difference between comprehensive and collision coverage?
  • Does my insurance cover a custom paint job?
  • Does my car insurance cover rental cars?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Am I covered when driving on a suspended license?

If you don't know the answers to these questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, fill out this quick form. It's fast, doesn't cost anything and can provide invaluable advice.

Are you falling for claims of savings?

Consumers get pounded daily by advertisements for car insurance savings by companies like Allstate, GEICO and Progressive. All the companies say the same thing about savings if you switch to them.

How does each company make the same claim?

Different companies have a preferred profile for the type of driver that earns them a profit. An example of a profitable customer could be between 30 and 50, insures multiple vehicles, and has great credit. Any new insured who fits that profile gets the lowest rates and as a result will probably save when switching.

Potential customers who are not a match for these standards must pay higher prices which usually ends up with business going elsewhere. Company advertisements say "people who switch" not "everybody who quotes" save money. This is how companies can truthfully advertise the savings.

This illustrates why you should quote coverage with many companies. It's just too difficult to predict which insurance companies will give you the biggest savings.

Additional information is available on the Texas Department of Insurance website through this link. Consumers can report car insurance fraud, read enforcement actions against agents and companies, and find out industry alerts.

Also read more on this link for Texas car insurance quotes and this page for help finding agents in Somerset, TX.

Somerset car insurance comparison

In the end, you save

Cheap car insurance can be found from both online companies and with local Somerset insurance agents, so compare prices from both so you have a total pricing picture. There are still a few companies who do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

As you prepare to switch companies, make sure you don't buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your focus should be to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

You just learned a lot of tips how to reduce car insurance prices online. The key thing to remember is the more rate comparisons you have, the higher your chance of finding lower rates. Drivers may discover the best prices are with an unexpected company.