Easy Methods to Save Money on Spring Hope Car Insurance

Are you intimidated by the wide range of car insurance company choices in Spring Hope? Many other consumers are too. You have so many companies to choose from that it can turn into a real challenge to compare prices.

It's important to compare prices every six months since rates are constantly changing. Just because you had the best rates a few years ago you may be paying too much now. There is a lot of bad information regarding car insurance online, so I'm going to show you some great ways to slash your car insurance rates.

Compare Quotes for Spring Hope Car Insurance

Most major insurance companies like Progressive, GEICO, Allstate and State Farm allow you to get price estimates directly from their websites. Getting quotes is quite simple as you just type in the coverages you want as detailed in the form. Behind the scenes, their rating system will obtain information on your driving record and credit history and returns pricing information based on these factors.

Quoting online streamlines rate comparisons, but the time it takes to visit a lot of sites and enter the same data into a form gets old quite quickly. But it's very important to perform this step in order to find better car insurance pricing.

There is a better way!

A less time-consuming method to lower your rates is to use a quote form that gets price quotes from a bunch of companies at once. The form is fast, requires much less work on your part, and makes online price comparison much more efficient. After sending the form, it is rated and you can choose any one of the returned quotes.

If a lower price is quoted, you simply finish the application and buy the new coverage. The entire process can be completed in less than 10 minutes and may save quite a bit of money.

To find out what other companies charge, click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you duplicate the coverages as shown on your current policy. This way, you're receiving a fair comparison based on similar coverages.

Spring Hope car insurance comparison

How to Lower your Car Insurance Rates

It's important that you understand the factors that go into determining your car insurance rates. Knowing what influences your rates empowers consumers to make smart changes that may reward you with better car insurance rates.

  • Older drivers save more - Young drivers in North Carolina are statistically proven to be more careless when behind the wheel so they pay higher car insurance rates. Older insureds are viewed as being more responsible, tend to cause fewer accidents and get fewer tickets.
  • Do you know your deductibles? - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims are a windshield shattered by a rock, collision with an animal, and rolling your vehicle. The deductibles are how much you are willing to pay if you file a covered claim. The more expense you have to pay, the less your car insurance will be.
  • Tickets mean higher rates - Your driving citation history has a lot to do with how much you pay for insurance. Drivers who don't get tickets have lower premiums than bad drivers. Even a single speeding ticket can bump up the cost forty percent or more. Drivers who have serious citations such as DUI or reckless driving may need to submit a SR-22 form with their state motor vehicle department in order to continue driving.
  • Are you male or female? - Statistics demonstrate that women are safer drivers than men. That doesn't necessarily mean that women are BETTER drivers than men. Men and women are in accidents at a similar rate, but the males cause more damage. They also get more serious tickets such as reckless driving. Young males are most likely to cause an accident and thus pay the highest rates.
  • Discounts for multiple policies - Most insurance companies will give a discount to policyholders who consolidate policies with them in the form of a multi-policy discount. Even with this discount, you still need to shop around to verify if the discount is saving money. You may still be able to find a better deal by splitting coverages up.
  • More performance means more cost - The performance level of the car you own makes a big difference in how high your rates are. The lowest rates are usually for low performance passenger cars, but other factors influence the final cost greatly.

These discounts can lower your rates

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that you may not even be aware of. A few discounts will automatically apply at the time of quoting, but some may not be applied and must be manually applied before you will receive the discount. If you're not getting every credit possible, you're just leaving money on the table.

  • 55 and Retired - Older drivers may qualify for a small decrease in premiums.
  • Homeowners Discount - Owning a house in Spring Hope can save you money because owning a home demonstrates responsibility.
  • Discount for Good Grades - Getting good grades can save 20 to 25%. The good student discount can last until age 25.
  • No Charge for an Accident - Certain companies will forgive one accident without raising rates as long as you don't have any claims for a certain period of time.
  • Anti-theft System - Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.

Keep in mind that some credits don't apply to all coverage premiums. Some only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, it just doesn't work that way. But any discount will bring down the cost of coverage.

For a list of companies offering car insurance discounts in North Carolina, click here.

More information can be read on the North Carolina Department of Insurance website located here. Consumers can read enforcement actions against agents and companies, report car insurance fraud, and file complaints about a company.

In the end, you save

As you shop your coverage around, never reduce needed coverages to save money. There are many occasions where someone sacrificed full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your aim should be to get the best coverage possible at a price you can afford.

Affordable car insurance is available from both online companies as well as from independent agents in Spring Hope, so compare prices from both to have the best chance of lowering rates. Some insurance providers don't offer online quoting and most of the time these small insurance companies sell through independent agents.

You just learned a lot of ways to lower your car insurance rates. The key thing to remember is the more times you quote, the better likelihood of reducing your rate. You may even discover the best prices are with the least-expected company.