10 Discounts Whitesboro Drivers Forget when Buying Car Insurance

Having to pay for overpriced car insurance can dwindle your personal savings and force you to make sacrifices. Comparing price quotes is a smart way to help make ends meet.

There are many to buy insurance from, and although it's a good thing to have multiple companies, it makes it harder to compare rates.

Finding affordable coverage in Whitesboro is quite easy. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using this information. Nevertheless, Texas consumers do need to know the way companies determine prices and apply this information to your search.

Be sure to get all your discounts

Companies do not list all available discounts very clearly, so we took the time to find both the well known as well as the least known car insurance savings.

  • More Vehicles More Savings - Buying insurance for multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Own a Home - Owning a home in Whitesboro may trigger a car insurance policy discount because of the fact that having a home is proof that your finances are in order.
  • Pay Upfront and Save - If you pay your bill all at once instead of monthly or quarterly installments you can actually save on your bill.
  • Student in College - Children who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.
  • Auto/Home Discount - If you have multiple policies with one company you could get a discount of 10% to 20% off each policy.
  • Passive Restraint Discount - Vehicles equipped with air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education in high school.
  • Accident Free - Drivers who don't have accidents can save substantially when compared with drivers who are more careless.
  • Paperless Signup - Some insurance companies may give you up to $50 simply for signing over the internet.
  • Accident Waiver - Certain companies will forgive one accident before your rates go up so long as you haven't had any claims for a certain period of time.

Consumers should know that most credits do not apply to all coverage premiums. Most only reduce individual premiums such as physical damage coverage or medical payments. So when the math indicates you would end up receiving a 100% discount, companies don't profit that way.

Is there truth in advertising?

Allstate, GEICO and Progressive regularly use television and radio advertisements. All the companies say the same thing of big savings if you move to them. How does each company claim to save you money?

Different companies have a preferred profile for the type of driver that earns them a profit. For example, a profitable customer might be between the ages of 30 and 50, insures multiple vehicles, and chooses high deductibles. Any new insured who fits that profile will get the preferred rates and is almost guaranteed to save when switching.

Potential insureds who don't measure up to these standards must pay more money which usually ends up with the customer not buying. The ads state "customers that switch" but not "drivers who get quotes" save money. This is how insurance companies can confidently state the savings. This illustrates why you should compare many company's rates. It's just too difficult to predict which insurance companies will give you the biggest savings.

More tips and info about car insurance can be found at the Texas Department of Insurance website. Visitors are able to find out which companies have the most complaints, get help finding coverage, view a list of available companies, and read enforcement actions against agents and companies.

Affordable insurance is out there

Cost effective car insurance is possible both online and with local Whitesboro insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies do not offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

When buying insurance coverage, it's very important that you do not buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced physical damage coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible at a price you can afford while not skimping on critical coverages.