Tightwads Guide for Saving on West Olive Car Insurance

Are you tired of not being able to afford each month for car insurance? You are in the same boat as the majority of other car owners in Michigan.

Big-name insurance companies like GEICO and Progressive constantly bombard you with advertising and it is difficult to sift through the bull and find the best price available.

If you currently have car insurance, you stand a good chance to be able to cut costs considerably using this information. Finding affordable coverage in West Olive is easy if you know what you're doing. But Michigan car owners do need to know how big insurance companies price online insurance because it can help you find the best coverage.

Comprehensive Car Insurance Comparison in West Olive

Comparing car insurance rates can take hours if you don't know the easiest way. You could spend your day discussing policy coverages with local insurance agents in West Olive, or you can stay home and use the web to get rate comparisons in just a few minutes.

All the larger companies are enrolled in a marketplace that allows shoppers to submit one quote, and at least one company provides a quote. This eliminates the need for quotation requests for each company you want a rate for. To submit your quote information now, click here (opens in new window).

The single downside to getting quotes like this is that consumers can't choose which companies to get quotes from. So if you want to select individual companies to request quotes from, we have a page of the cheapest car insurance companies in Michigan. Click here for list of insurance companies in Michigan.

Which method you use is up to you, but double check that you are using exactly the same coverage limits and deductibles for each comparison quote. If you compare different liability limits you will not be able to determine the lowest rate in West Olive. Just a small difference in insurance coverages may result in large price differences. It's important to know that comparing more company's prices will improve the odds of getting the best rates.

Learn How to Buy Car Insurance Cheaper

It's important that you understand some of the elements that go into determining your car insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that will entitle you to better car insurance rates.

You might want pay the small claims yourself - If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Companies in Michigan provide cheaper rates to people who do not rely on their insurance for small claims. Car insurance is meant to be used in the event of major claims that would cause financial hardship.
Optional equipment can affect rates - Driving a car with anti-theft technology or alarm system can help bring down rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.
Multi-policy discounts can save money - Most companies provide better rates to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. Even though this discount sounds good, it's in your best interest to shop around to confirm you are receiving the best rates possible. You may still be able to find better rates by buying insurance from more than one company.
Better credit scores mean better rates - Having a bad credit score is a huge factor in your rate calculation. If your credit rating is lower than you'd like, you could be paying less to insure your by improving your credit score. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with poor credit.
Your job and insurance rates - Did you know your job can affect your rates? Careers like judges, architects and dentists are shown to have the highest average rates in part from stressful work requirements and long work hours. Other occupations like farmers, historians and homemakers pay the least.
Do you need the policy add-ons? - There are many extra bells and whistles that can waste your money on your policy. Insurance for vanishing deductibles, accident forgiveness and membership fees are examples of these. They may seem like a good idea when talking to your agent, but your needs may have changed so eliminate the coverages to reduce your premium.
Older drivers save more - Mature drivers are more cautious drivers, tend to cause fewer accidents and are safer drivers. Young drivers are statistically proven to be careless and easily distracted in a vehicle and because of this, their car insurance rates are much higher.

How much can you save with discounts?

Insuring your fleet can be pricey, buy you may qualify for discounts that many people don't even know exist. A few discounts will automatically apply when you purchase, but a few must be specially asked for before being credited.

Drivers Ed for Students - Require your teen driver to successfully complete driver's ed class in school.
Military Discounts - Having a deployed family member could mean lower rates.
Multiple Policy Discount - When you have multiple policies with one company you will save 10% to 20% off each policy.
Employee of Federal Government - Simply working for the federal government can earn a discount up to 10% with a few car insurance companies.
Passive Restraints and Air Bags - Cars that have air bags can qualify for discounts of more than 20%.
No Claims - Claim-free drivers pay much less when compared to frequent claim filers.
Payment Discounts - If you pay your bill all at once rather than paying monthly you could save 5% or more.
Anti-theft System - Anti-theft and alarm systems help deter theft and therefore earn up to a 10% discount.
Defensive Driver - Taking a driver safety course could save 5% or more depending on where you live.

Consumers should know that most credits do not apply to the entire cost. Most cut the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears you would end up receiving a 100% discount, companies don't profit that way. But all discounts will reduce the amount you have to pay.

For a list of insurance companies offering car insurance discounts in West Olive, follow this link.

Much more information about car insurance in Michigan is located on the website for the Michigan Office of Financial and Insurance Regulation. Click here for link. Consumers can download brochures, view a list of available companies, read consumer alerts, and find out industry alerts.

Shop smart and save

When buying insurance coverage, it's a bad idea to reduce needed coverages to save money. There have been many situations where an insured dropped collision coverage and learned later that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase plenty of coverage for the lowest price while still protecting your assets.

We just showed you a lot of information how to lower your car insurance rates. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. Consumers could even find that the best prices are with a lesser-known regional company. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like .