Car Insurance in Swansboro - 6 Discounts You Might be Losing Out On

Are you intimidated by the dozens of car insurance options in Swansboro? Many other drivers are as well. Consumers have so many companies to choose from that it can turn into a lot of work to find the lowest price.

It's important to shop coverage around every six months since rates are constantly changing. Even if you got the lowest price on your last policy you will most likely find a better rate today. Forget all the misinformation about car insurance because you're about to learn the only way to reduce your cost while improving coverage.

This article will help educate you on the best way to quote coverages and some money-saving tips. If you have car insurance now, you will most likely be able to cut costs considerably using this information. But North Carolina consumers do need to know how companies price online insurance because it can help you find the best coverage.

How much can you save with these six discounts?

Car insurance can cost a lot, buy you may qualify for discounts that many people don't even know exist. Some trigger automatically when you quote, but less common discounts must be inquired about before you get the savings.

  • Discount for Good Grades - Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
  • Multi-car Discount - Buying insurance for more than one vehicle on one policy may reduce the rate for each vehicle.
  • Anti-lock Brake System - Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
  • Life Insurance - Select insurance companies reward you with a break if you buy a life insurance policy as well.
  • E-sign - Certain companies may give you up to $50 for buying a policy and signing up online.
  • Senior Citizens - If you qualify as a senior citizen, you may qualify for a small decrease in premiums.

Drivers should understand that most discounts do not apply to all coverage premiums. The majority will only reduce individual premiums such as medical payments or collision. Just because you may think it's possible to get free car insurance, companies wouldn't make money that way. But all discounts will help reduce the amount you have to pay.

North Carolina car insurance

Save 15 percent in 15 minutes? Is it for real?

Companies like State Farm and Allstate constantly bombard you with television and radio advertisements. All the ads make an identical promise that you'll save big if you switch your coverage to them. But how can every company claim to save you money?

All companies are able to cherry pick for the type of customer that earns them a profit. For instance, a preferred risk might be between 25 and 40, has no driving citations, and has great credit. Any new insured who meets those qualifications gets the lowest rates and is almost guaranteed to save a lot of money.

Drivers who don't meet this ideal profile will be charged a higher premium and ends up with the customer not buying. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much money. That's the way companies can advertise the savings.

That is why you should compare many company's rates. It's just too difficult to predict which car insurance company will fit your personal profile best.

Much more information about car insurance in North Carolina is located on the North Carolina Department of Insurance website located here. Visitors are able to file complaints about a company, report car insurance fraud, and find out industry alerts.

Also read more on NAIC.org's Understanding your Policy and this directory of insurance agents in Swansboro North Carolina.

Final considerations

We just covered many tips how you can reduce car insurance prices online. The key thing to remember is the more you quote, the higher the chance of saving money. Consumers may even find the most savings is with some of the lesser-known companies.

Budget-conscious car insurance can be found both online as well as from independent agents in Swansboro, so you should compare both to have the best selection. There are still a few companies who don't offer you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

When you buy insurance online, do not buy lower coverage limits just to save a few bucks. There have been many cases where someone sacrificed liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your goal should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.