Easy Methods to Spend Less on The Colony Auto Insurance

Are you overwhelmed by the number of auto insurance options in The Colony? Lot's of other consumers are too. People have so many choices that it can turn into a ton of work to find lower rates.

Be sure to get all your discounts

Insurance can cost an arm and a leg, but companies offer discounts to help offset the cost. Some discounts apply automatically at the time you complete a quote, but some must be asked for prior to getting the savings. If they aren't giving you every credit possible, you're paying more than you need to.

Memberships - Affiliation with certain professional organizations may earn a discount when buying auto insurance.
Fewer Miles Equal More Savings - Keeping the miles down can qualify you for a substantially lower rate.
Student Driver Training - Have your child enroll in driver's education in high school.
Federal Government Employee - Being employed by or retired from a federal job could cut as much as 10% off depending on your company.
Discount for Good Grades - A discount for being a good student can earn a discount of 20% or more. The discount lasts up to age 25.
No Charge for an Accident - A few companies will forgive one accident before raising your premiums so long as you haven't had any claims for a set time period.

A little note about advertised discounts, some of the credits will not apply the the whole policy. Most cut individual premiums such as physical damage coverage or medical payments. So even though it sounds like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will cut the amount you have to pay.

To see a list of insurers with the best auto insurance discounts in The Colony, click here.

Comprehensive The Colony Auto Insurance Comparison Quotes

Shopping for lower auto insurance rates can be exhausting if you aren't aware of the most efficient way to do it. You can waste a lot of time driving to local insurance agents in The Colony, or you could save time and use the web to get pricing more quickly.

Many insurance companies participate in a marketplace that allows shoppers to submit one quote, and each company returns a rated price. This prevents consumers from doing repetitive form submissions to each individual auto insurance company.

To submit your quote information now, click to open in new window.

The only downside to pricing coverage this way is you don't know exactly which carriers you want pricing from. So if you want to select from a list of companies to receive pricing from, we put together a list of auto insurance companies in Texas. View list of Texas insurance companies.

However you get your quotes, compare the exact same deductibles and coverage limits with every price quote. If you compare different values for each quote it's impossible to find the best deal in The Colony.

Understand what determines the rate you pay

An important part of buying insurance is that you know the factors that come into play when calculating auto insurance rates. Understanding what impacts premium levels helps enable you to make changes that could result in much lower annual insurance costs.

Liability coverage is cheap - The liability section of your policy provides coverage if a jury decides you are liable for damages caused by your negligence. It provides legal defense coverage which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not skimp.
High crash test scores lower rates - Vehicles with high crash test scores get lower rates. Safe vehicles have better occupant injury protection and better occupant protection means lower claim amounts and lower rates for you.
Equipment add-ons that lower auto insurance rates - Choosing a vehicle with an alarm system can save you a little every year. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.
Keep rates low by being claim-free - Auto insurance companies in Texas generally give better rates to insureds who do not rely on their insurance for small claims. If you file claims often, you can look forward to higher rates. Your insurance policy is intended to be relied upon for the large, substantial claims.
Where you live can impact rates - Choosing to live in small towns and rural areas is a positive aspect when buying auto insurance. Less people living in that area means reduced accidents and also fewer theft and vandalism claims. Drivers in populated Texas areas tend to have more traffic problems and longer commute times. Longer commute distances means higher likelihood of an accident.
Traffic citations inflate rates - Whether or not you get tickets impacts your car insurance rates tremendously. Only having one speeding ticket may increase your cost twenty percent or more. Drivers with clean records have lower premiums than people who have multiple driving citations. Drivers with severe tickets such as hit and run, DWI or reckless driving convictions are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to drive a vehicle legally.
Being married is a good thing - Being married actually saves money on auto insurance. Having a spouse usually means you are more responsible and it's proven that being married results in fewer claims.

Is there truth in advertising?

Texas drivers can't get away from ads that promise big savings from companies such as Allstate, GEICO and Progressive. All the companies have a common claim about savings if you move your policy.

How do they all say the same thing?

Insurance companies are able to cherry pick for the right customer that is profitable for them. An example of a profitable customer might be profiled as over the age of 50, has no tickets, and has great credit. A propective insured that hits that "sweet spot" gets the lowest rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't measure up to the "perfect" profile must pay a more expensive rate and this can result in business not being written. The ads say "customers that switch" but not "drivers who get quotes" save that kind of money. That's the way companies can truthfully advertise the savings.

This illustrates why drivers must get quotes from several different companies. It's not possible to predict which auto insurance company will give you the biggest savings.

And the best car insurance company is...

Cheaper auto insurance is possible on the web in addition to many The Colony insurance agents, and you should be comparing both to have the best rate selection. There are still a few companies who do not provide the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

Drivers who switch companies do it for a number of reasons such as questionable increases in premium, delays in responding to claim requests, extreme rates for teen drivers or high rates after DUI convictions. Regardless of your reason, choosing a new insurance company is actually quite simple.

As you prepare to switch companies, you should never reduce coverage to reduce premium. In too many instances, an insured dropped liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.

Find out more about auto insurance

Additional information is available on the Texas Department of Insurance website located here. Texas drivers can find out which companies have the most complaints, find disaster information, and view a list of available companies.