9 Discounts Wilson Drivers Forget when Comparing Car Insurance

Are you sick and tired of scraping the payment together each month for car insurance? You are no different than many other North Carolina drivers.

Numerous battle for your business, so it's not easy to compare every to find the lowest price

It's important to compare prices before your policy renews since rates are constantly changing. If you had the best rates two years ago you can probably find a better price now. There is a lot of bad information regarding car insurance online but I'm going to show you some great ways to quit paying high car insurance rates.

Take advantage of discounts

Car insurance companies don't list all their discounts in an easy-to-find place, so the following is a list of some of the more common and the harder-to-find savings tricks you should be using.

  • Homeowners Pay Less - Owning a house in Wilson can help you save on car insurance because of the fact that having a home demonstrates responsibility.
  • Claim Free - Claim-free drivers pay less as compared to accident-prone drivers.
  • Pay Upfront and Save - If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
  • More Vehicles More Savings - Insuring multiple cars or trucks with the same company qualifies for this discount.
  • Anti-theft System - Cars that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Organization Discounts - Belonging to certain professional organizations is a good way to get lower rates on car insurance.
  • Student Driver Training - Cut your cost by having your teen driver complete a driver education course in high school.
  • Drive Less and Save - Keeping the miles down could qualify for discounted rates on garaged vehicles.
  • New Car Discount - Buying coverage on a new vehicle can cost up to 25% less compared to insuring an older model.

As a disclaimer on discounts, most discounts do not apply to the entire cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, car insurance companies aren't that generous.

To choose companies with the best car insurance discounts in Wilson, click here to view.

Are car insurance companies telling the truth?

Car insurance companies such as State Farm, GEICO and Progressive regularly use ads on TV and radio. They all seem to make an identical promise about savings if you move your coverage to them. How do they all make the same claim? This is how they do it.

Different companies can use profiling for the type of customer that makes them money. A good example of a desirable insured could be over the age of 50, is a homeowner, and chooses high deductibles. Any new insured who meets those qualifications gets the lowest rates and most likely will cut their rates substantially.

Consumers who don't qualify for the "perfect" profile will have to pay higher rates and ends up with business going elsewhere. The ads say "drivers who switch" not "people who quote" save that much money. That's why companies can truthfully state the savings. Because of the profiling, you should compare as many rates as you can. It's just too difficult to predict the company that will give you the biggest savings.

Even more information can be read at the North Carolina Department of Insurance website. Consumers can report car insurance fraud, read industry bulletins, view a list of available companies, and read consumer alerts.

Affordable insurance is out there

Cheap car insurance is possible from both online companies as well as from independent agents in Wilson, and you should be comparing both to get a complete price analysis. Some insurance companies don't offer online price quotes and most of the time these small insurance companies sell through independent agents.

When buying insurance coverage, never buy poor coverage just to save money. In many cases, an accident victim reduced collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to purchase plenty of coverage for the lowest price.