Free Guide to Saving Money on Salisbury North Carolina Car Insurance Online
If online car insurance comparisons are new to you, it’s easy to be confused by the hoards of online companies competing for business in Salisbury.
Buying car insurance in Salisbury is quite easy. If you currently have a car insurance policy, you will most likely be able to save some money using this information. But North Carolina consumers must comprehend the way insurance companies market insurance on the web and apply this information to your search.
Rate influencing factors
It’s important that you understand the different types of things that play a part in calculating the rates you pay for car insurance. Knowing what influences your rates helps enable you to make changes that may reward you with big savings.
Shown below are some of the factors that factor into rates.
- Please use or commuting – Driving more miles in a year the higher your rate. Almost all companies rate vehicles determined by how the vehicle is used. Autos not used for work or commuting get more affordable rates than vehicles that are driven to work every day. Ask your agent if your car insurance coverage is rated on the proper vehicle usage.
- Protect yourself with liability coverage – The liability section of your policy will protect you when a jury decides you are liable for causing damage or personal injury in an accident. It provides for a legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.
- Safer occupants lowers premiums – Vehicles with high crash test scores can get you lower premiums. Safer cars reduce injuries and better occupant protection means lower claim amounts passed on to you as lower rates.
- Women pay lower rates – Statistics show that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Women and men cause accidents at about the same rate, but the men cause more damage and cost insurance companies more money. Men also statistically get more serious tickets such as reckless driving.
Are you getting all your discounts?
Auto insurance companies do not list all available discounts in an easy-to-find place, so we break down both the well known as well as the least known ways to save on car insurance.
- New Car Discount – Insuring a new car can save up to 30% due to better safety requirements for new cars.
- Military Discounts – Having a deployed family member could be rewarded with lower premiums.
- Student in College – Youth drivers who attend school more than 100 miles from home and don’t have a car may be able to be covered for less.
- Early Signing – Some companies give discounts for buying a policy before your current policy expires. This can save 10% or more.
- Pay Now and Pay Less – If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
- Bundle and Save – When you have multiple policies with one company you could get a discount of up to 20% off your total premium.
- Anti-lock Brake Discount – Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
- Homeowners Discount – Owning a home in Salisbury can help you save on car insurance due to the fact that maintaining a home shows financial diligence.
It’s important to understand that many deductions do not apply to your bottom line cost. The majority will only reduce specific coverage prices like liability and collision coverage. So when it seems like adding up those discounts means a free policy, companies don’t profit that way.
To choose companies offering car insurance discounts in North Carolina, follow this link.
Drivers who switch save $462 a year? Really?
Companies like Allstate, GEICO and Progressive regularly use ads in print and on television. All the ads have a common claim that you’ll save big if you move your coverage to them. But how can every company claim to save you money?
All the different companies have a certain “appetite” for the type of customer that is profitable for them. A good example of a driver they prefer might be profiled as over the age of 50, a clean driving record, and drives newer vehicles. A customer who fits that profile receives the best rates and therefore will save when switching.
Consumers who fall outside these standards will have to pay higher premiums and ends up with the customer not buying. The ads state “drivers who switch” not “everyone that quotes” save that kind of money. That is how insurance companies can state the savings. Because of the profiling, drivers must get as many comparisons as possible. It’s just too difficult to predict the company that will provide you with the cheapest rates.
More resources for learning
Even more information can be found at the North Carolina Department of Insurance website. Visitors are able to read state legal mandates and laws, file complaints about a company, and report car insurance fraud.
The following articles may also be useful.
Buy online or local, you save
As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. In many cases, an insured dropped liability coverage limits to discover at claim time they didn’t purchase enough coverage. The ultimate goal is to purchase plenty of coverage at the best price, not the least amount of coverage.
Low-cost car insurance can be sourced on the web in addition to many Salisbury insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance providers do not provide the ability to get a quote online and most of the time these small insurance companies sell through independent agents.
We just covered some good ideas how to lower your car insurance rates. The key thing to remember is the more times you quote, the higher your chance of finding lower rates. You may even find the best prices are with a lesser-known regional company.