9 Discounts Spofford Shoppers Forget when Comparing Car Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us, there are many people just like you.

You have so many to buy insurance from, and although it's nice to be able to choose, lots of choices makes it harder to compare rates.

Take advantage of discounts

Car insurance companies do not advertise every discount very clearly, so we break down some of the more common as well as the least known discounts you could be receiving.

  • Claim Free - Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.
  • Low Mileage Discounts - Keeping the miles down can earn a substantially lower rate.
  • Pay Upfront and Save - By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Distant Student - Youth drivers who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.
  • Anti-theft Discount - Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Homeowners Discount - Simply owning a home can save you money because of the fact that having a home is proof that your finances are in order.
  • Defensive Driving Course - Completing a driver safety course could possibly earn you a 5% discount if your company offers it.
  • Anti-lock Brakes - Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Life Insurance Discount - Some companies give a discount if you purchase a life insurance policy as well.

It's important to note that some credits don't apply the the whole policy. The majority will only reduce individual premiums such as comp or med pay. So even though it sounds like it's possible to get free car insurance, you're out of luck.

To choose insurance companies with the best car insurance discounts in New Hampshire, click here.

Are car insurance companies telling the truth?

Car insurance providers like Progressive, Allstate and GEICO regularly use ads on TV and radio. They all have a common claim that you can save if you move your coverage to them. How does each company make the same claim?

All companies are able to cherry pick for the type of customer that makes them money. For example, a driver they prefer could be between 25 and 40, has no tickets, and has great credit. Any new insured that hits that "sweet spot" gets the lowest rates and most likely will save when switching.

Potential customers who don't qualify for these standards will be quoted higher prices and this can result in business going elsewhere. Company advertisements say "customers that switch" not "people who quote" save that much money. That's the way insurance companies can advertise the savings. This emphasizes why you should compare as many rates as you can. It's just too difficult to predict which car insurance company will fit your personal profile best.

Additional detailed information can be found at the New Hampshire Insurance Department website. Consumers can read industry bulletins, find disaster information, view a list of available companies, and read enforcement actions against agents and companies.

car insurance in Spofford

Final considerations

Lower-priced car insurance is possible from both online companies as well as from independent agents in Spofford, so you should compare both so you have a total pricing picture. There are still a few companies who don't offer online price quotes and these regional insurance providers work with independent agents.

When you buy insurance online, it's very important that you do not buy poor coverage just to save money. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. Your strategy should be to buy the best coverage you can find at a price you can afford while still protecting your assets.