7 Proven Ways to Lower Car Insurance Rates in Cape Coral, FL

Have you fallen victim to overpriced car insurance? Believe me, there are many Cape Coral consumers feeling the pinch from expensive car insurance.

With consumers having so many car insurance companies to choose from, it can be challenging to choose the most affordable insurer.

It is always a good idea to do rate comparisons quite often because rates are constantly changing. Just because you had the lowest rates on your last policy a different company probably has better rates today. Forget anything you know (or think you know) about car insurance because you’re about to find out the fastest way to find better coverage at a better price.

Verify you’re getting all your discounts

Companies do not list all available discounts in an easy-to-find place, so we break down both well-publicized and also the lesser-known savings tricks you should be using.

• Life Insurance Discount – Larger companies have better rates if you take out auto and life insurance together.
• Military Rewards – Being on active duty in the military could mean lower rates.
• Student Driver Training – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
• Discount for Good Grades – Performing well in school can earn a discount of 20% or more. The good student discount can last well after school through age 25.
• Use Seat Belts – Requiring all passengers to use their safety belts could save 15% off your medical payments premium.
• Discount for Swiching Early – A few companies offer discounts for signing up prior to your current policy expiring. The savings is around 10%.
• Defensive Driving Course – Taking a driver safety course could save 5% or more depending on where you live.

Keep in mind that some of the credits will not apply to all coverage premiums. Most only apply to specific coverage prices like comp or med pay. So when it seems like having all the discounts means you get insurance for free, companies don’t profit that way.

How to Buy Cape Coral Car Insurance Online

Effectively comparing car insurance prices is a ton of work if you aren’t aware of the best way to get rate quotes. You could waste a few hours discussing policy coverages with insurance agencies in Cape Coral, or you could save time and use online quoting to get rate comparisons in just a few minutes.

Most major companies participate in a marketplace where prospective buyers submit their information once, and each company can give them a price determined by their information. This prevents consumers from doing form submissions for each company you want a rate for. To find out how much you’re overpaying now click here (opens in new window).

The only downside to getting quotes like this is that consumers can’t choose the providers you want pricing from. If you would rather choose from a list of companies to compare prices, we have a page of low cost car insurance companies in Florida. View list of Florida insurance companies.

It’s up to you which method you use, but be sure to compare apples-to-apples deductibles and coverage limits for each comparison quote. If you use different limits and deductibles on each one it’s impossible to determine which rate is truly the best in Cape Coral. Having just a slight variation in coverage limits can result in a big premium difference. Just remember that getting more free quotes provides better odds of finding the best price.

Summing up your car insurance search

When trying to cut insurance costs, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut liability coverage limits only to regret that they should have had better coverage. Your focus should be to find the BEST coverage at an affordable rate.

In this article, we presented quite a bit of information on how to shop for car insurance online. The key thing to remember is the more companies you get rates for, the better likelihood of reducing your rate. Drivers may discover the most savings is with a small mutual company. They may have significantly lower rates on certain market segments than their larger competitors like Allstate or State Farm.