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

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Believe me when I say many consumers are feeling buyer's remorse and feel like there's no way out.

Numerous battle for your insurance dollar, so it can be very hard to choose a to get the lowest price

It's important to price shop coverage at least once a year due to the fact that insurance rates are constantly changing. Even if you got the lowest price a year ago you will most likely find a better rate today. Block out anything you think you know about car insurance because I'm going to let you in on the secrets to the only way to find great coverage at a great price.

Don't pay full price with these discounts

Companies offering auto insurance don't necessarily list all their discounts in an easy-to-find place, so we researched both the well known and the more hidden ways to save on car insurance.

Auto/Life Discount - Companies who offer life insurance give lower rates if you buy life insurance.
Defensive Driver - Successfully completing a defensive driving course could possibly earn you a 5% discount if you qualify.
Theft Prevention Discount - Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
Multi-car Discount - Having more than one vehicle on one policy could earn a price break for each car.
Senior Citizens - If you qualify as a senior citizen, you may qualify for a discount up to 10%.
Student Driver Training - Make teen driver coverage more affordable by requiring them to complete a driver education course in school.

A little note about advertised discounts, most discount credits are not given the the whole policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, you won't be that lucky.

The car insurance bait and switch

Car insurance companies such as GEICO, State Farm and Progressive constantly bombard you with ads in print and on television. They all seem to make the same claim about savings if you switch your policy. How do they all claim to save you money?

Insurance companies are able to cherry pick for the right customer that earns them a profit. For instance, a desirable insured might be over the age of 40, has no tickets, and has excellent credit. Any driver who matches those parameters is entitled to the best price and therefore will cut their rates substantially.

Potential insureds who don't measure up to the "perfect" profile will have to pay more money which leads to the customer not buying. The ads state "people who switch" not "everyone that quotes" save that kind of money. That's the way companies can truthfully make those claims. Because of the profiling, you should get a wide range of price quotes. You cannot predict which car insurance company will have the lowest rates.

Find out more about car insurance

Even more information is located at the North Carolina Department of Insurance website. Visitors are able to file complaints about an insurance agent or broker, discover disciplinary actions, read consumer alerts, and report car insurance fraud.

Affordable insurance is out there

While you're price shopping online, never buy lower coverage limits just to save a few bucks. In many instances, an insured dropped liability coverage limits only to discover later they didn't purchase enough coverage. The ultimate goal is to buy a smart amount of coverage at an affordable rate.

Cheaper car insurance can be found both online in addition to many Wendell insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some companies do not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.