Buy Prescott Valley Auto Insurance Like a Scrooge

Scraping up a payment for overpriced auto insurance can overdraw your bank account, especially in this economy. Shopping your coverage around is a great way to cut your insurance bill. Since consumers have many companies to choose from, it can be impossible to choose the most cost effective insurer.

You should make it a habit to price shop coverage occasionally due to the fact that insurance rates are variable and change quite frequently. Even if you think you had the best rates two years ago there is a good chance you can find better rates now. Starting now, forget all the misinformation about auto insurance because it’s time to teach you the easiest way to save money, get proper coverage and the best rates.

This article will instruct you on how car insurance quotes work and some tips to save money. If you are paying for car insurance now, you will be able to lower your premiums substantially using these tips. Arizona drivers just need to learn the most efficient way to compare rates online.

Don’t overlook these discounts

Insurance can cost an arm and a leg, but there are discounts available that you may not know about. Larger premium reductions will be automatically applied when you complete an application, but a few need to be manually applied before you get the savings. If you don’t get every credit possible, you’re just leaving money on the table.

Multi-car Discount – Buying coverage for more than one vehicle on one policy may reduce the rate for each vehicle.
Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts can get savings of more than 20%.
E-sign – Certain companies will discount your bill up to fifty bucks just for signing your application on their website.
Seat Belts Save – Drivers who require all occupants to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.

Consumers should know that many deductions do not apply to the entire policy premium. Most only reduce individual premiums such as medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, auto insurance companies aren’t that generous. Any qualifying discounts will reduce your premiums.

Why you might pay higher rates in Prescott Valley

It’s important that you understand the factors that help determine your auto insurance rates. Understanding what determines base rates allows you to make educated decisions that could result in lower auto insurance prices.

The following are some of the factors companies use to determine premiums.

Higher deductibles cost less – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some instances where coverage would apply would be a windshield shattered by a rock, damage caused by hail, and windstorm damage. Physical damage deductibles are how much you are willing to pay before your auto insurance pays a claim. The more you are required to pay out-of-pocket, the less your company will charge you for insurance.
Safer occupants lowers premiums – Vehicles with good safety scores get lower rates. Safer cars have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and lower rates for you.
Performance makes a difference – The type of car you drive makes a huge difference in determining your rates. Low performance passenger cars generally receive the lowest base rates, but other factors influence the final cost greatly.
Don’t get talked into coverage you don’t need – There are quite a few additional coverages you can purchase on your auto insurance policy. Insurance for rental car reimbursement, better glass coverage and membership fees may be wasting your money. These coverages may sound good when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
High numbers of claims are not good – If you are a frequent claim filer, you can pretty much guarantee either higher rates or even cancellation. Companies in Arizona provide discounts to people who are claim-free. Car insurance is intended for the large, substantial claims.
The more you drive the more you pay – The more you drive in a year’s time the more you will pay for auto insurance. Most insurance companies price each vehicle’s coverage based upon how you use the vehicle. Autos used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. Double check that your auto insurance policy is showing the correct driver usage, because improper ratings can cost you money.
How many coverages with the same company – Some auto insurance companies will give a discount to customers who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, it’s in your best interest to shop around to confirm you are receiving the best rates possible.

Is my situation unique?

When it comes to buying proper insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that may help you determine if your situation might need professional guidance. Auto insurance in Prescott Valley

Why is insurance for a teen driver so high in Prescott Valley?
Do I need higher deductibles?
What companies insure drivers after a DUI or DWI?
Is my dog or cat covered if injured in an accident?
Is my cargo covered for damage or theft?
Do I qualify for additional discounts?
Are split liability limits better than a combined single limit?
Is my business laptop covered if it gets stolen from my vehicle?

If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Can you really save that much by switching?

Arizona consumers can’t ignore all the ads for the lowest price auto insurance by companies like Allstate and Progressive. All the ads make the same claim that you’ll save big if you switch to them.

But how can every company make almost identical claims?

Insurance companies have a preferred profile for the driver they prefer to insure. A good example of a driver they prefer might be profiled as between the ages of 40 and 55, is a homeowner, and has great credit. A customer who matches those parameters will get very good rates and as a result will probably save when they switch companies.

Potential insureds who don’t measure up to the “perfect” profile must pay a more expensive rate and this can result in business going elsewhere. Company advertisements say “people who switch” not “people who quote” save money. That’s why insurance companies can confidently advertise the way they do.

This illustrates why you need to compare as many rates as you can. It’s not possible to predict which company will fit your personal profile best.

Much more information about auto insurance in Arizona can be read on the website for the Arizona Department of Insurance located here. Arizona drivers can read state legal mandates and laws, find disaster information, and read enforcement actions against agents and companies.

Also read more on this site for rates in Arizona and this page for help finding agents in Prescott Valley, AZ.

A little work can save a LOT of money

We just showed you some good ideas how to save on auto insurance. The key thing to remember is the more quotes you get, the higher the chance of saving money. You may be surprised to find that the best prices are with some of the smallest insurance companies. They often have lower prices on specific markets compared to the large companies like Progressive or GEICO.

When buying insurance coverage, don’t be tempted to reduce needed coverages to save money. In many instances, someone sacrificed physical damage coverage only to regret they didn’t purchase enough coverage. Your goal should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

Low-cost auto insurance is attainable both online and also from your neighborhood Prescott Valley agents, so compare prices from both to have the best rate selection. A few companies may not provide the ability to get a quote online and these small, regional companies work with independent agents.