Top Ways to Save on Wilmington Car Insurance

Tired of being strong-armed each month for car insurance? Your situation is no different than many other drivers in North Carolina.

Consumers have many to buy insurance from, and even though it's nice to have multiple companies, it can be more difficult to compare rates.

It's important to compare rates before your policy renews due to the fact that insurance rates are constantly changing. Just because you found the best price two years ago you will most likely find a better rate today. Ignore everything you know about car insurance because we're going to demonstrate the quickest way to find better coverage at a better price.

More discounts equal less premium

Companies don't always advertise all their discounts very clearly, so we took the time to find both the well known and the more hidden car insurance savings.

Senior Citizens - If you qualify as a senior citizen, you may receive better car insurance rates.
No Accidents - Claim-free drivers can save substantially as compared to drivers who are more careless.
Multiple Cars - Having all your vehicles on one policy could earn a price break for each car.
Sign Online - A handful of insurance companies may give you up to $50 for buying your policy over the internet.
College Student - Children who attend school more than 100 miles from home and don't have a car may be able to be covered for less.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase auto and life insurance together.

A little note about advertised discounts, most credits do not apply to the entire cost. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, you won't be that lucky.

Switch companies and save? Really?

Car insurance companies such as Progressive, GEICO, Allstate and State Farm consistently run ads in print and on television. They all seem to say the same thing about savings if you change to their company. How does each company claim to save you money?

All the different companies can use profiling for the driver that earns them a profit. For example, a desirable insured might be between the ages of 40 and 55, is a homeowner, and chooses high deductibles. Any driver who fits that profile will get the preferred rates and therefore will save when switching.

Potential customers who do not match these standards will have to pay higher prices which usually ends up with the customer not buying. The ads state "people who switch" not "everyone that quotes" save that much. That's why companies can truthfully state the savings. Because of the profiling, you should get a wide range of price quotes. You cannot predict the company that will give you the biggest savings.

Learn more today

Even more information can be found at the North Carolina Department of Insurance website. Visitors are able to learn about insurance regulations, read industry bulletins, find out which companies have the most complaints, and get help finding coverage.

Do the work, save more money

When buying insurance coverage, never buy lower coverage limits just to save a few bucks. There are many occasions where an accident victim reduced physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at an affordable rate.

Cheaper car insurance can be sourced both online and also from your neighborhood Wilmington agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies may not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.