Troy Auto Insurance For Less Than You're Paying Now

Purchasing low-cost Troy auto insurance over the internet can be rather challenging for consumers not familiar with comparing rates online. When there are so many insurers to choose from, how can you have a chance to compare every company to locate the best available rates?

Why some people pay less for insurance in Troy

Consumers need to have an understanding of the different types of things that help determine the rates you pay for auto insurance. Understanding what influences your rates allows you to make educated decisions that will entitle you to much lower annual insurance costs.

Occupation reflects on rates - Did you know your occupation can influence how much you pay for auto insurance? Careers like doctors, business owners and accountants tend to pay higher rates than average because of high stress and long work days. On the flip side, occupations such as pilots, athletes and performers have the lowest average rates.
With age comes lower rates - More mature drivers are more cautious drivers, statistically cause fewer accidents and get fewer tickets. Youthful drivers are known to be less responsible when driving therefore auto insurance rates are much higher.
Pay less after the wedding - Being married can get you a discount on your policy. Having a significant other is viewed as being more mature and it's proven that married drivers get in fewer accidents.
Liability insurance protects assets - Liability coverage is the protection when you are found liable for damages from an accident. Liability provides legal defense coverage which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so do not cut corners here.
Women pay lower rates - Statistics have proven that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both sexes are in accidents at about the same rate, but the men have costlier accidents. Men also statistically receive more costly citations like DUI and reckless driving. Young males are most likely to cause an accident and are penalized with high auto insurance rates.

These discounts can lower your rates

Properly insuring your vehicles can get expensive, but you may find discounts that you may not know about. Larger premium reductions will be automatically applied when you quote, but some must be specifically requested before you get the savings.

Government Employees - Employees or retirees of the government could cut as much as 10% off with a few auto insurance companies.
Distant Student - Kids in college who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
Paperwork-free - A few companies may give you up to $50 just for signing your application on their website.
Multiple Vehicles - Buying coverage for multiple vehicles with the same company may reduce the rate for each vehicle.
Accident Waiver - A few companies will forgive one accident before hitting you with a surcharge if your claims history is clear for a set time period.

It's important to note that most discounts do not apply to the overall cost of the policy. Most only apply to individual premiums such as comp or med pay. So when it seems like adding up those discounts means a free policy, you're out of luck. But any discount will cut the cost of coverage.

To choose insurance companies who offer auto insurance discounts in Troy, click here to view.

Are you falling for claims of savings?

Auto insurance providers like Progressive, Allstate and GEICO continually stream ads on television and other media. They all make an identical promise that you can save after switching to them. How do they all claim to save you money?

Insurance companies have a preferred profile for the type of driver that makes them money. An example of a driver they prefer might be a mature driver, insures multiple vehicles, and has excellent credit. A customer getting a price quote who meets those qualifications is entitled to the best price and as a result will probably cut their rates substantially.

Drivers who are not a match for the "perfect" profile will be quoted a higher premium and ends up with the customer not buying. The ads state "customers that switch" not "everybody who quotes" save money. This is how insurance companies can make those claims.

This emphasizes why you should get as many comparisons as possible. It's impossible to know which insurance companies will have the lowest rates.

Different people need different coverages

When buying proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Everyone's situation is a little different.

For instance, these questions may help you determine whether you would benefit from professional advice.

Why am I required to get a high-risk car insurance policy?
Why does it cost so much to insure a teen driver in Troy?
Does my liability insurance cover pulling a trailer or camper?
Am I covered if I wreck a rental car?
Does my policy cover me when driving someone else's vehicle?
Do I need special endorsements for business use of my vehicle?
Am I covered when driving on a suspended license?
What happens if I owe more than my vehicle is worth?

If you're not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, complete this form.

More sites with auto insurance information

More information is available on the Texas Department of Insurance website located here. Visitors are able to read industry bulletins, read enforcement actions against agents and companies, and get help finding coverage.

The best insurance company isn't always the cheapest

People change insurance companies for a number of reasons such as high rates after DUI convictions, not issuing a premium refund, an unsatisfactory settlement offer or even lack of trust in their agent. Regardless of your reason for switching companies, choosing a new insurance company is easier than you think.

While you're price shopping online, never buy poor coverage just to save money. There are too many instances where drivers have reduced liability limits or collision coverage only to find out they didn't purchase enough coverage. Your strategy should be to buy a smart amount of coverage at a price you can afford while still protecting your assets.

Lower-priced auto insurance can be sourced both online and with local Troy insurance agents, and you need to price shop both to have the best selection. Some companies do not offer online price quotes and these smaller companies work with independent agents.