Tightwads Guide to Saving on Wolfeboro Auto Insurance

Having to pay for overpriced auto insurance can empty your bank account and force you to make sacrifices. Comparison shopping is free and is an excellent way to cut your insurance bill. Because there are so many companies to choose from, it's nearly impossible to pick the lowest price provider.

It's important to check auto insurance prices quite often because insurance rates are constantly changing. If you had the best price six months ago the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you're about to learn one of the easiest ways to properly buy coverages while reducing your premium.

Buying car insurance in Wolfeboro is not that difficult. If you are insured now or are looking for a new policy, you can follow these tips to get lower rates and possibly find even better coverage. New Hampshire consumers only need to know the proper methods to get comparison quotes online.

Take advantage of discounts

Car insurance companies don't always advertise all their discounts very well, so we took the time to find both well-publicized and also the lesser-known ways to save on auto insurance. If you don't get every credit you deserve, you're paying more than you need to.

  • Sign Online - A handful of insurance companies will discount your bill up to fifty bucks for buying your policy online.
  • Save over 55 - Mature drivers can possibly qualify for reduced rates.
  • Military Rewards - Having a family member in the military can result in better rates.
  • Theft Prevention System - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Defensive Driving Course - Taking part in a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
  • Good Student Discount - A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • Drive Less and Save - Keeping the miles down can earn better rates on cars that stay parked.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, you won't be that lucky.

To see a list of companies with the best auto insurance discounts in New Hampshire, click this link.

Free Wolfeboro Auto Insurance Quotes

Finding cheaper auto insurance prices is actually quite simple. Just spend a few minutes on the computer comparing rates provided by online insurance companies. This can be accomplished using a couple different methods.

  • The best way to get quotes is to use a rate comparison form (click to open form in new window). This form eliminates the need for boring form submissions to each individual auto insurance company. One form will return price quotes from all major companies.
  • A less efficient way to compare rate quotes consists of visiting each individual company website to complete their respective quote request forms. For instance, let's say you want comparison quotes from , and . To find out each rate you need to go to every website to enter your coverage information, which is why the first method is quicker.

    To view a list of companies in Wolfeboro, click here.

It's up to you how you get prices quotes, just make darn sure you compare apples-to-apples deductibles and coverage limits on every quote you get. If you use different values for each quote you can't possibly determine which rate is truly the best in Wolfeboro.

What determines how much you pay?

An important part of buying insurance is that you know the rating factors that come into play when calculating the price you pay for auto insurance. When you know what positively or negatively impacts premium levels allows you to make educated decisions that may reward you with big savings.

  • Discounts for married couples - Having a spouse actually saves money on your auto insurance policy. It is viewed as being more responsible and statistics show married drivers get in fewer accidents.
  • Sex matters - Statistics have proven women tend to be less risk to insure than men. However, don't assume that women are better drivers. They both tend to get into accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations such as DWI and reckless driving.
  • Special features that cut premiums - Purchasing a vehicle with a theft deterrent system can help lower your rates. Anti-theft devices like GM's OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
  • Do you qualify for a multi-policy discount? - The majority of auto insurance companies will give a discount to customers who carry more than one policy, otherwise known as a multi-policy discount. Even if you're getting this discount it's still a good idea to compare rates to make sure you are getting the best deal.
  • Add-on coverages can add up - There are a lot of add-on coverages that you can buy on your auto insurance policy. Things like roadside assistance, towing coverage and motor club memberships may be wasting your money. These may sound like a good investment initially, but if you don't need them remove them from your policy.

How to know if you need help

When choosing the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else's so this has to be addressed. These are some specific questions may help you determine whether your personal situation might need professional guidance.

  • Does medical payments coverage apply to all occupants?
  • Should I buy additional glass protection?
  • Am I covered when pulling a rental trailer?
  • Does my personal auto insurance policy cover using my vehicle for business use?
  • Should I have combined single limit or split liability limits?
  • Do I need to file an SR-22 for a DUI in New Hampshire?
  • Is my vehicle covered for flood damage?
  • Do I need special endorsements for business use of my vehicle?

If it's difficult to answer those questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Are auto insurance companies telling the truth?

New Hampshire consumers can't get away from ads for car insurance savings by companies like State Farm, GEICO and Progressive. They all seem to make the same claim about savings if you move to them.

But how can every company make almost identical claims? It's all in the numbers.

All the different companies have a preferred profile for the type of driver that is profitable for them. For example, a desirable insured could possibly be between 30 and 50, insures multiple vehicles, and has a high credit rating. A driver who matches those parameters is entitled to the best price and most likely will save a lot of money.

Potential customers who don't qualify for this ideal profile will have to pay a higher premium which leads to the driver buying from a lower-cost company. Company advertisements say "customers who switch" not "people who quote" save money. This is how companies can truthfully state the savings. Because of the profiling, drivers must compare as many rates as you can. It is impossible to predict which insurance companies will have the lowest rates.

A tidy conclusion

The cheapest auto insurance is possible online and with local Wolfeboro insurance agents, so compare prices from both to have the best rate selection. Some insurance companies do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

As you restructure your insurance plan, do not reduce coverage to reduce premium. In many cases, drivers have reduced physical damage coverage only to discover later that they should have had better coverage. Your aim should be to buy enough coverage at the best price.

Wolfeboro auto insurance comparison

More sites with auto insurance information

Even more information can be found at the New Hampshire Insurance Department website. New Hampshire consumers can get help finding coverage, learn about insurance regulations, view a list of available companies, and read consumer alerts.

Additional helpful sites include this site for New Hampshire auto insurance information and see this list of insurance agents in Wolfeboro.