Easy Ways to Save Money on Syosset Auto Insurance

Buying the cheapest Syosset auto insurance on the internet may be intimidating for beginners to buying insurance online. Since there are so many insurance companies available, how can consumers even start to compare every one to find the lowest price?

It's important to compare prices quite often because prices are constantly changing. Just because you had the lowest rates a year ago a different company probably has better rates today. So ignore everything you know about auto insurance because you're going to get a crash course in the tricks you need to know to find lower rates on auto insurance.

If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using this information. Finding affordable coverage in Syosset is not that difficult. But New York drivers do need to know how insurance companies sell insurance online and use this information to your advantage.

Be sure to get all your discounts

Companies don't always advertise every available discount in a way that's easy to find, so we break down both well-publicized and also the lesser-known auto insurance savings.

Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
Discount for New Cars - Adding a new car to your policy is cheaper compared to insuring an older model.
Passive Restraints - Vehicles with factory air bags or automatic seat belts can qualify for discounts of more than 20%.
Payment Discounts - If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
Multi-car Discount - Buying insurance for more than one vehicle on one policy can get a discount on all vehicles.
E-sign - Some insurance companies will discount your bill up to fifty bucks for buying a policy and signing up digitally online.
Accident Waiver - A handful of insurance companies allow you one accident before your rates go up if you are claim-free for a certain period of time.
Government Employees - Active or retired federal employment can earn a discount up to 10% with certain companies.
Multi-policy Discount - If you have multiple policies with one company you could get a discount of 10% to 20% off each policy.
Discount for Life Insurance - Select insurance companies reward you with better rates if you take out life insurance from them.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce specific coverage prices like comprehensive or collision. So when it seems like you could get a free auto insurance policy, companies wouldn't make money that way.

Good Decisions Result in Lower Rates

Smart consumers have a good feel for some of the elements that go into determining the price you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that can help you get better auto insurance rates.

How many coverages with the same company - Most companies give discounts to customers who have multiple policies with them such as combining an auto and homeowners policy. This can amount to anywhere from five to ten percent in most cases. Even though this discount sounds good, it's still a good idea to compare other company rates to ensure the best deal.
Older drivers pay less - More mature drivers tend to be more responsible, tend to cause fewer accidents and are safer drivers. Teen drivers are statistically proven to be careless and easily distracted when driving and because of this, their auto insurance rates are much higher.
Poor credit can mean higher rates - Your credit score is a big factor in determining what you pay for auto insurance. If your credit history is lower than you'd like, you could potentially save money when insuring your by improving your credit score. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with poor credit.
Your car's features help determine rates - Purchasing a vehicle with a theft deterrent system can help bring down rates. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your car from being stolen.
Don't sacrifice liability coverage - Liability insurance is the protection in the event that a court rules you are at fault for causing damage or personal injury in an accident. It provides for a legal defense up to the limits shown on your policy. Liability is cheap compared to physical damage coverage, so buy as much as you can afford.

How do I know if I need professional advice?

When it comes to buying adequate coverage for your personal vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else's.

For example, these questions may help you determine whether or not you may require specific advice.

Do I need PIP (personal injury protection) coverage in New York?
Should I file a claim if it's only slightly more than my deductible?
Should I drop comprehensive coverage on older vehicles?
Do I have any recourse if my insurance company denies a claim?
Am I covered if I wreck a rental car?
Does my liability insurance cover pulling a trailer or camper?
Does my policy cover me when driving someone else's vehicle?
Am I covered if I drive in a foreign country?

If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, take a second and complete this form.

Is there truth in advertising?

Companies like Allstate and Progressive constantly bombard you with television and radio advertisements. All the ads say the same thing that you'll save big if you switch to their company. How can each company make almost identical claims? It's all in the numbers.

Different companies have a preferred profile for the driver that earns them a profit. For example, a preferred risk could possibly be over the age of 50, insures multiple vehicles, and has excellent credit. A customer getting a price quote who fits that profile will get very good rates and is almost guaranteed to save when they switch companies.

Potential customers who don't measure up to the requirements will be charged higher prices which usually ends up with the driver buying from a lower-cost company. The ads say "customers who switch" but not "drivers who get quotes" save that much. This is how companies can make those claims. That is why drivers should compare many company's rates. It's impossible to know which insurance companies will have the lowest rates.

More detailed New York auto insurance information can be found at the New York Department of Financial Services website. New York consumers can read consumer alerts, read enforcement actions against agents and companies, and find out industry alerts.

Final considerations

While you're price shopping online, it's not a good idea to skimp on coverage in order to save money. Too many times, drivers have reduced uninsured motorist or liability limits only to regret they didn't purchase enough coverage. The aim is to find the BEST coverage at the best price, not the least amount of coverage.

You just read many ways to reduce auto insurance prices online. The key thing to remember is the more quotes you get, the higher your chance of finding lower rates. Consumers may even find the biggest savings come from a small mutual company.

Budget-conscious auto insurance is available online and also from your neighborhood Syosset agents, and you should be comparing both so you have a total pricing picture. Some companies may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.