9 Ways to Save Money on Auto Insurance in Nashua

Searching for the cheapest Nashua auto insurance on the web may be intimidating for consumers not familiar with shopping for insurance online. Because there are so many insurers available, how can Nashua drivers have a chance to compare the different rates to find the best pricing?

Finding the best rates in Nashua is quite easy. If you currently have a car insurance policy, you should be able to save some money using these tips. New Hampshire vehicle owners just need to learn how to get comparison quotes over the internet.

Don’t miss out on these nine money-saving discounts

Companies offering auto insurance don’t always advertise all available discounts very well, so we break down some of the best known and the harder-to-find ways to save on auto insurance. If you don’t get every credit available, you’re just leaving money on the table.

Seat Belts Save – Requiring all passengers to use a seat belt can save up to 15% off your medical payments premium.
Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
Low Mileage Discounts – Keeping the miles down could qualify for a substantially lower rate.
Payment Discounts – By paying your policy upfront instead of paying each month you may reduce your total bill.
Own a Home – Owning a house in Nashua may trigger a auto insurance policy discount due to the fact that maintaining a home shows financial diligence.
Senior Discount – If you qualify as a senior citizen, you may qualify for reduced rates.
More Vehicles More Savings – Having multiple cars or trucks with the same company could earn a price break for each car.
One Accident Forgiven – Some insurance companies allow you one accident without raising rates if your claims history is clear for a certain period of time.
No Accidents – Drivers who don’t have accidents can save substantially compared to frequent claim filers.

Keep in mind that most discounts do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.

To choose companies with the best auto insurance discounts in New Hampshire, click here.

How to know if you need help

When it comes to choosing adequate coverage, there really is no one size fits all plan. Every situation is different.

Here are some questions about coverages that might point out if your insurance needs could use an agent’s help.

Should I buy more coverage than the required New Hampshire minimum liability coverage?
Can I afford low physical damage deductibles?
Am I covered if I drive in a foreign country?
Do I need PIP coverage since I have good health insurance?
Does my personal policy cover me when driving my company car?
What are the best liability limits?
Do I need rental car coverage?
Can I drive in Mexico and have coverage?
Are split liability limits better than a combined single limit?
When should my teen driver be added to my policy?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and may give you better protection.

Do I need a local agent?

Certain consumers prefer to buy from a local agent and that is OK! Good agents can point out coverage gaps and help file insurance claims. The best thing about price shopping on the web is the fact that you can find the best rates but also keep your business local.

After filling out this quick form, your insurance coverage information is instantly submitted to insurance agents in Nashua who will battle for your coverage. You never need to leave your computer because quoted prices will be sent straight to your inbox. It doesn’t get any easier!

Choosing an provider needs to be determined by more than just the price. Any agent should have no problem answering these questions:

How long has their agency been in business in Nashua?
If you are a high risk driver, do they have special markets for your coverage?
Does the agency support the community they serve?
Do the coverages you’re quoting properly cover your vehicle?
Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
Are they able to influence company decisions when a claim is filed?

Independent or Captive: It’s your choice

When searching for a local agent, there are two different agency structures to choose from. Agents are categorized either captive or independent (non-captive). Both types can properly insure your vehicles, but it’s worth learning how they differ since it may influence your agent selection.

Captive Agents

Captive agents write business for a single company and examples are Farmers Insurance, American Family, State Farm and Allstate. They generally cannot place coverage with different providers so they have to upsell other benefits. Captives are usually quite knowledgeable on the products they sell which can be an advantage. Some people will only buy insurance from these agents mostly because of loyalty to the company and strong financial ratings.

The following are Nashua captive insurance agencies that can give you comparison quotes.

Allstate Insurance – 505 W Hollis St # 204 – Nashua, NH 03062 – (603) 882-7891
State Farm Insurance – 180 Amherst St – Nashua, NH 03064 – (603) 882-4190
Liberty Mutual Insurance – 33 Trafalgar Sq – Nashua, NH 03063 – (603) 595-0900

Independent Agencies or Brokers

Independent agents are not required to write business for one company so they can insure your vehicles with any number of different companies and potentially find a lower price. If you are not satisfied with one company, the agent simply finds a different carrier and you won’t have to switch agencies.

When comparing rates, it’s a good idea to contact several independent insurance agents to get the best comparison. Many write coverage with lesser-known insurance companies who may have lower rates. insurance quote New Hampshire

Listed below is a short list of independent insurance agencies in Nashua that can give you rate quotes.

Amoskeag Insurance Corp – 31 Elm St – Nashua, NH 03060 – (603) 883-5591
Slawsby Insurance – 90 Main St – Nashua, NH 03060 – (603) 883-1776
Bergeron Agency – 361 Main St – Nashua, NH 03060 – (603) 881-7708

To view a full list of Nashua insurance agents, visit this link.

Once you have good answers for all questions you ask and a good coverage price, you may have just found an insurance agency that is a good match to properly service your auto insurance policy.

More tips and info about auto insurance can be found at the New Hampshire Insurance Department website. Consumers can read enforcement actions against agents and companies, read consumer alerts, find out industry alerts, and find disaster information.

Other informative sites include BankRate.com’s Car Insurance: When not to Skimp and this page of insurance agents in Nashua.

What auto insurance coverages do you need?

Learning about specific coverages of your auto insurance policy helps when choosing the right coverages and proper limits and deductibles. Auto insurance terms can be confusing and even agents have difficulty translating policy wording.

Collision insurance

Collision insurance will pay to fix damage to your vehicle resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like rolling your car, sustaining damage from a pot hole, crashing into a ditch and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Liability auto insurance

This will cover injuries or damage you cause to people or other property that is your fault. It protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims such as court costs, pain and suffering, funeral expenses and structural damage. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford. New Hampshire requires minimum liability limits of 25,000/50,000/25,000 but you should consider buying more coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for immediate expenses like ambulance fees, doctor visits and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover you and your occupants in addition to getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from getting keyed, vandalism, a broken windshield, rock chips in glass and hitting a deer. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many New Hampshire drivers carry very low liability coverage limits (25/50/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Summing up your auto insurance search

People change insurance companies for any number of reasons including unfair underwriting practices, high prices, questionable increases in premium or even delays in responding to claim requests. It doesn’t matter what your reason, switching companies is not as difficult as it may seem.

Cheaper auto insurance is attainable from both online companies as well as from independent agents in Nashua, and you should compare price quotes from both so you have a total pricing picture. Some insurance companies don’t offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

While you’re price shopping online, make sure you don’t skimp on coverage in order to save money. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits only to discover later they didn’t purchase enough coverage. Your focus should be to buy enough coverage at the best price while still protecting your assets.