How to Find Cheap Waverly Car Insurance

Finding the lowest cost Waverly car insurance online is challenging for people who are new to comparing rates online. With dozens of online companies available, how can consumers effectively compare them all to find the lowest price?

It's important to compare prices yearly because rates are constantly changing. Even if you got the lowest price last year you may be paying too much now. Block out anything you think you know about car insurance because we're going to demonstrate the tricks you need to know to reduce your cost while improving coverage.

Where Can I Get Cheap Waverly Car Insurance?

There are multiple methods to compare car insurance quotes, but one way is easier and takes less work. You could spend your day discussing policy coverages with insurance agencies in Waverly, or you could save time and use the web to quickly compare rates.

All the larger companies enroll in a system that enables customers to enter their policy data once, and each company can give them a price determined by their information. This prevents consumers from doing quotation requests to each individual car insurance company.

To submit your quote information now, click here (opens in new window).

One minor caviat to comparing rates this way is you are unable to specify which companies you want to price. If you wish to select individual companies to compare rates, we put together a list of car insurance companies in Tennessee. Click to view list.

Whichever method you choose, make sure you use identical information on every quote you get. If your comparisons have higher or lower deductibles it's impossible to determine which rate is truly the best in Waverly.

Good Decisions Result in Lower Rates

It's important that you understand the factors that help determine your car insurance rates. Knowing what impacts premium levels enables informed choices that can help you get better car insurance rates.

The following are a partial list of the pieces car insurance companies consider when setting your rates.

Poor credit can mean higher rates - Your credit history is a important factor in determining what you pay for car insurance. Therefore, if your credit rating is not that good, you could be paying less to insure your by spending a little time repairing your credit. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower credit scores.
Big city or small town - Residing in a small town has it's advantages when it comes to car insurance. Urban drivers have to deal with congested traffic and longer commutes to work. Less people living in that area translates into fewer accidents as well as less vandalism and auto theft.
Older drivers save more - Young drivers in Tennessee are known to be less responsible when driving so they pay higher car insurance rates. If you've ever had to add a teen driver to your car insurance policy can really hurt. More mature drivers tend to be more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
Do men or women drive better? - Statistics have proven that women are safer drivers than men. However, this does not mean men are worse drivers. Men and women cause accidents in similar numbers, but men have costlier accidents. Men also get more serious tickets such as reckless driving. Youthful male drivers are most likely to cause an accident and thus pay the highest rates.
How's your driving record? - Careful drivers have lower premiums compared to drivers with tickets. Even a single moving violation can boost insurance rates by as much as thirty percent. Drivers who get flagrant violations like reckless driving, hit and run or driving under the influence may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to keep their license.

Don't pay full price with these discounts

Car insurance is not cheap, but you can get discounts to reduce the price significantly. Larger premium reductions will be automatically applied when you quote, but less common discounts must be asked for prior to getting the savings. If you're not getting every credit you deserve, you're just leaving money on the table.

Anti-lock Brakes - Vehicles with anti-lock braking systems can reduce accidents and qualify for as much as a 10% discount.
Life Insurance Discount - Companies who offer life insurance give a discount if you purchase life insurance from them.
New Car Discount - Buying coverage on a new vehicle can save up to 30% compared to insuring an older model.
Accident Waiver - Certain companies will forgive one accident without raising rates if you are claim-free for a certain period of time.
Early Switch Discount - Some insurance companies reward drivers for switching to them before your current policy expires. It's a savings of about 10%.
Good Student Discount - Getting good grades can save 20 to 25%. Earning this discount can benefit you well after school through age 25.

As a disclaimer on discounts, some credits don't apply to your bottom line cost. A few only apply to individual premiums such as comprehensive or collision. So even though they make it sound like you would end up receiving a 100% discount, car insurance companies aren't that generous. Any amount of discount will bring down your premiums.

For a list of providers who offer car insurance discounts in Tennessee, click here.

Your personal situation dictates your coverage

When it comes to choosing the best car insurance coverage for your personal vehicles, there isn't really a best way to insure your cars. Everyone's situation is a little different.

Here are some questions about coverages that can help discover whether or not you would benefit from professional advice.

Can I get a multi-policy discount for packaging my home and auto coverage?
When does my teenage driver need to be added to my policy?
Should I file a claim if it's only slightly more than my deductible?
Does my policy cover me when driving someone else's vehicle?
Does my car insurance cover rental cars?
Does my insurance cover a custom paint job?
Should I buy only the required Tennessee minimum liability coverage?

If you can't answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form. It's fast, free and can help protect your family.

Additional information is located on the Tennessee Department of Commerce and Insurance website located here. Consumers can find out industry alerts, view agent and company licensing information, and read enforcement actions against agents and companies.

In the end, you save

As you prepare to switch companies, it's very important that you do not reduce needed coverages to save money. Too many times, consumers will sacrifice liability coverage limits only to discover later that the small savings ended up costing them much more. The aim is to buy enough coverage at a price you can afford, not the least amount of coverage.

We just showed you a lot of ways to lower your car insurance rates. The most important thing to understand is the more quotes you get, the better chance you'll have of finding lower rates. You may be surprised to find that the best price on car insurance is with some of the lesser-known companies.

Cheap car insurance can be purchased from both online companies and also from your neighborhood Waverly agents, and you need to price shop both to have the best rate selection. There are still a few companies who may not provide online quoting and many times these small, regional companies only sell through independent insurance agents.