How to Know You're Spending Too Much for Auto Insurance in Wakefield

Scraping up a payment for overpriced auto insurance can dwindle your checking account and force you to make sacrifices. Doing a price comparison is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket. There is such a variety of to buy insurance from, and although it's a good thing to have multiple companies, so many choices can make it hard to compare rates.

Choosing the best insurance company for you in Wakefield is easy if you know what you're doing. If you have car insurance now, you will most likely be able to cut costs considerably using these techniques. Nebraska vehicle owners just need to know the proper way to find the lowest price online.

Don't pay full price with these discounts

Companies offering auto insurance don't always advertise all available discounts very clearly, so we researched both well-publicized and the more hidden savings tricks you should be using. If you're not getting every credit you deserve, you are throwing money away.

  • More Vehicles More Savings - Having multiple cars or trucks on one policy could earn a price break for each car.
  • Discount for New Cars - Adding a new car to your policy is cheaper since new cars are generally safer.
  • Pay Upfront and Save - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Paperless Signup - Certain companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
  • Clubs and Organizations - Participating in a qualifying organization is a good way to get lower rates when buying auto insurance.
  • Government Employees - Active or retired federal employment can save as much as 8% depending on your company.
  • Air Bag Discount - Vehicles equipped with air bags or automatic seat belts may earn rate discounts of more than 20%.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education in high school.
  • Military Discounts - Being on active duty in the military can result in better rates.
  • Save over 55 - If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.

Drivers should understand that most discounts do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates you can get free auto insurance, companies wouldn't make money that way.

Your personal situation dictates your coverage

When it comes to buying the best auto insurance coverage for your personal vehicles, there isn't really a cookie cutter policy. Each situation is unique so your insurance should reflect that Here are some questions about coverages that can help discover whether or not you would benefit from an agent's advice.

  • Am I covered when driving on a suspended license?
  • Who is covered when they drive my vehicle?
  • What can I do if my company won't pay a claim?
  • Does my liability insurance cover pulling a trailer or camper?
  • Do I qualify for additional discounts?
  • Am I covered if I drive in a foreign country?
  • Should I drop comprehensive coverage on older vehicles?

If you're not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don't have a local agent, take a second and complete this form or go to this page to view a list of companies. It's fast, doesn't cost anything and can provide invaluable advice.

The auto insurance bait and switch

Nebraska consumers get pounded daily by advertisements for car insurance savings from companies such as Allstate, GEICO and Progressive. All the companies make an identical promise that you'll save big if you move your policy.

How does each company make almost identical claims?

All companies have a preferred profile for the right customer that earns them a profit. For instance, a profitable customer could possibly be between 25 and 40, has no prior claims, and drives less than 7,500 miles a year. A customer getting a price quote who meets those qualifications will get very good rates and therefore will save when switching.

Potential insureds who don't measure up to these standards must pay more money and ends up with the driver buying from a lower-cost company. The ads say "people who switch" not "everyone that quotes" save that kind of money. This is how companies can advertise the way they do. This illustrates why you should get a wide range of price quotes. It's impossible to know which insurance companies will provide you with the cheapest rates.

More detailed Nebraska auto insurance information is located at the Nebraska Department of Insurance website. Nebraska consumers can report car insurance fraud, file complaints about an insurance agent or broker, view a list of available companies, and get help finding coverage.

Nebraska auto insurance quotes

In the end, you save

Budget-conscious auto insurance is possible online in addition to many Wakefield insurance agents, so you should compare both in order to have the best chance of saving money. Some auto insurance companies do not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

When shopping online for auto insurance, never buy lower coverage limits just to save a few bucks. In too many instances, consumers will sacrifice collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your focus should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.