7 Tips to Save on Car Insurance in Thorn Hill
Are you tired of paying out the nose each month for car insurance? You're in the same situation as many other Tennessee consumers.
With so many choices of insurance companies, it can be hard to choose the cheapest car insurance company.
It's important to shop coverage around before your policy renews since rates are constantly changing. Despite the fact that you may have had the best rates a few years ago you may be paying too much now. You can find a lot of misleading information regarding car insurance online, so we're going to give you some great ways to slash your car insurance rates.
Comparison of Car Insurance in Thorn Hill
Most major insurance companies provide coverage price quotes on the web. Getting quotes is fairly simple as you simply enter as detailed in the form. Behind the scenes, their rating system will obtain your driving record and credit report and gives you a price quote based on many factors. This streamlines rate comparisons, but the process of having to visit many different websites and enter the same data into a form can be a bit tiresome and repetitive. But it's very important to compare as many rates as possible if you want to find better car insurance pricing.
Quote rates the easy way
A less time-consuming method to lower your car insurance bill is to use a quote form that analyzes rates from many companies. The form is fast, requires less work, and makes comparison shopping much easier to do. After sending the form, it gets priced and you can select any or none of the returned quotes.
If a lower price is quoted, you can click and sign and purchase the new policy. The whole process can be completed in less than 10 minutes and you'll know if lower rates are available.
To find out what other companies charge, click here to open in new window and begin entering your coverage information. If you have your current policy handy, we recommend you complete the form with your coverages identical to your current policy. This way, you are getting a fair comparison based on similar coverages.
These seven discounts can lower your rates
Car insurance can cost a lot, buy you may qualify for discounts to cut the cost considerably. Some discounts apply automatically when you complete an application, but some may not be applied and must be manually applied before they will apply.
- Passive Restraint Discount - Vehicles with factory air bags can receive discounts of 20% or more.
- Employee of Federal Government - Simply working for the federal government may qualify you for a discount with certain companies.
- Resident Student - Youth drivers living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.
- Anti-lock Brakes - Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
- Theft Prevention System - Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
- Low Mileage - Fewer annual miles could qualify for a substantially lower rate.
- E-sign - A handful of insurance companies will give a small break for buying your policy online.
As a disclaimer on discounts, some of the credits will not apply to the entire cost. Most only reduce individual premiums such as medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, car insurance companies aren't that generous. Any amount of discount will help reduce the cost of coverage.
For a list of providers who offer car insurance discounts in Tennessee, click here.
Additional information can be read on the website for the Tennessee Department of Commerce and Insurance located here. Consumers can find out industry alerts, read industry bulletins, read enforcement actions against agents and companies, and read consumer alerts.
Other useful links include NAIC.org's Understanding your Policy and this directory of Thorn Hill insurance agents.
Final considerations
You just learned a lot of techniques to lower your car insurance rates. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. Drivers may discover the biggest savings come from a small local company. Smaller companies may have significantly lower rates on certain market segments than the large multi-state companies such as .
As you shop your coverage around, do not reduce needed coverages to save money. There have been many cases where an accident victim reduced full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal should be to get the best coverage possible at a price you can afford, not the least amount of coverage.
