How to Know You're Wasting Money for Car Insurance in Valier

Did you fall for a flashy sales pitch and buy overpriced car insurance? Trust us, many consumers are feeling buyer's remorse and feel like there's no way out.

There is such a variety of to buy insurance from, and although it's a good thing to have a choice, so many choices can make it hard to compare rates.

Compare the Market for Car Insurance in Valier

There are several ways to compare car insurance prices but some are less labor-intensive and much quicker. You could spend your day discussing policy coverages with insurance companies in Valier, or you can utilize the web to achieve your goal.

All the larger companies participate in a marketplace that allows shoppers to submit one quote, and each participating company provides a quote determined by their information. This saves time by eliminating quotation requests for each company you want a rate for. To submit your quote information now, click here (opens in new window).

One minor caviat to comparing rates this way is you cannot specify which companies to get quotes from. So if you want to select individual companies to compare rates, we put together a list of low cost car insurance companies in Montana. Click here for list of insurance companies in Montana.

It's up to you which method you use, but compare identical coverages and limits on every quote you get. If your comparisons have different deductibles it will be next to impossible to determine which rate is truly the best in Valier. Quoting even small variations in coverages could mean much higher rates. Just keep in mind that having more price comparisons helps locate a lower rate.

Understand what determines the rate you pay

It's important that you understand the different types of things that go into determining your car insurance rates. Knowing what impacts premium levels helps enable you to make changes that will entitle you to better car insurance rates.

Listed below are a partial list of the pieces that factor into prices.

Lower rates with optional equipment - Choosing a vehicle that has an advanced theft prevention system can get you a discount on your car insurance. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft.
Don't buy coverages you don't need - There are many extra coverages that can waste your money on your policy. Coverages for vanishing deductibles, accident forgiveness and membership fees may be costing you every month. These may sound like a good investment at first, but your needs may have changed so eliminate them to save money.
Tickets mean higher rates - A bad driving record has a lot to do with how much you pay for insurance. Drivers with clean records receive lower rates than bad drivers. Even one moving violation may increase your cost forty percent or more. If you have serious violations like hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
Are you male or female? - Statistics demonstrate that women are safer drivers than men. That doesn't necessarily mean that men are WORSE drivers than women. Men and women have accidents in similar numbers, but the men cause more damage. Men also statistically receive more costly citations such as reckless driving. Youthful male drivers are several times more likely to be in an accident and thus pay the highest rates.
Multi-policy discounts can save money - Most insurers provide better rates to policyholders who have multiple policies with them in the form of a multi-policy discount. Even if you're getting this discount you may still want to shop around to confirm you are receiving the best rates possible. You may still be able to find a better deal by insuring with multiple companies.
Your occupation can affect rates - Did you know your job can affect your rates? Careers like judges, business owners and financial analysts are shown to have higher average rates attributed to high stress levels and long work hours. Conversely, occupations like actors, engineers and homemakers pay the least.
Liability coverage is cheap - Liability insurance provides coverage when you are found to be at fault for damages caused by your negligence. It provides legal defense up to the limits shown on your policy. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.

How much can you save with discounts?

Insuring your fleet can be pricey, but companies offer discounts that you may not even be aware of. Some trigger automatically when you quote, but less common discounts must be specially asked for before you get the savings.

Drivers Education - Require your teen driver to successfully complete driver's ed class in school.
Defensive Driver - Taking a driver safety course could possibly earn you a 5% discount depending on where you live.
Discount for Good Grades - Getting good grades can save 20 to 25%. Earning this discount can benefit you until age 25.
No Charge for an Accident - Certain companies permit an accident without raising rates if your claims history is clear for a certain period of time.
Multiple Policy Discount - When you have multiple policies with one company you may save 10% to 20% off each policy.
No Claims - Drivers with accident-free driving histories pay much less when compared to frequent claim filers.

A little note about advertised discounts, most discount credits are not given the the whole policy. A few only apply to the cost of specific coverages such as liability and collision coverage. So even though they make it sound like you could get a free car insurance policy, you won't be that lucky. Any amount of discount will bring down the amount you have to pay.

For a list of insurance companies offering car insurance discounts in Montana, click here to view.

Additional information is located on the website for the Montana Commissioner of Securities and Insurance through this link. Consumers can view a list of available companies, discover disciplinary actions, file complaints about a company, and learn about insurance regulations.

The best insurance company isn't always the cheapest

Cheaper car insurance is available from both online companies in addition to many Valier insurance agents, so you should compare both to have the best selection. Some insurance companies do not provide online quoting and these small, regional companies work with independent agents.

You just learned some good ideas how you can lower your car insurance rates. The key thing to remember is the more providers you compare, the better chance you'll have of finding lower rates. You may even find the most savings is with a company that doesn't do a lot of advertising. Smaller companies may cover specific market segments cheaper compared to the large companies like .