Is Your Shaftsbury Vermont Auto Insurance Too High? Start Saving Today

Nobody likes having to buy auto insurance, particularly when the price is too high. You have so many insurers to choose from, and although it’s a good thing to have a selection, so many choices can make it hard to find the lowest cost provider.

It is always a good idea to check auto insurance prices at least once a year because prices change regularly. Just because you had the best deal a couple years back there may be better deals available now. There is too much inaccurate information about auto insurance on the internet, so we’re going to give you some of the best ways to find cheap auto insurance.

Finding affordable coverage in Shaftsbury is easy if you know what you’re doing. If you are insured now or need new coverage, you can use these techniques to reduce the price you pay while maintaining coverages. Vermont consumers only need to know the most effective way to compare company rates online.

Lots of discounts mean lots of savings

Companies that sell car insurance do not list all their discounts very well, so here is a list some of the best known and also the lesser-known auto insurance savings. If you don’t get every credit you qualify for, you are throwing money away.

• Senior Discount – Mature drivers can possibly qualify for reduced rates.
• Paperwork-free – Some insurance companies give back up to $50 just for signing your application online.
• Good Student Discount – Getting good grades can get you a discount of up to 25%. This discount can apply up until you turn 25.
• Homeowners Pay Less – Being a homeowner can save you money due to the fact that maintaining a home shows financial diligence.
• Student in College – Children who are attending college and don’t have a car can be insured at a reduced rate.
• Military Discounts – Being deployed with a military unit can result in better rates.
• Government Employees – Simply working for the federal government can save as much as 8% with select insurance companies.
• Driver’s Ed – Have your child take driver’s ed class if offered at their school.
• Early Switch Discount – Some insurance companies reward drivers for switching policies prior to your current policy expiring. It’s a savings of about 10%.

Keep in mind that many deductions do not apply to your bottom line cost. The majority will only reduce individual premiums such as comp or med pay. So when it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.

For a list of insurance companies with discount auto insurance rates in Shaftsbury, follow this link.

Tailor your coverage to you

When buying coverage for your personal vehicles, there really is not a one size fits all plan. Every situation is different and your policy should reflect that. For example, these questions may help you determine whether your personal situation would benefit from professional advice.

• What are the best liability limits?
• Can I still get insurance after a DUI?
• When would I need additional glass coverage?
• When would I need rental car insurance?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Is pleasure use cheaper than using my vehicle to commute?
• How high should my medical payments coverage be?
• What discounts do I qualify for?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, 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 you can get the answers you need.

Price shop online but buy from a local Shaftsbury agent

Some people just want to talk to a local agent and there is nothing wrong with that. Agents can help determine the best coverages and help file insurance claims. One of the great benefits of comparing insurance prices online is the fact that you can find the best rates but also keep your business local.

Once you complete this quick form, your information is sent to insurance agents in Shaftsbury who will battle for your insurance coverage. You never need to visit any agencies because quoted prices will be sent to your email. It doesn’t get any easier!

Picking a company shouldn’t rely on just the price. Here are some questions to ask:

• Is vehicle mileage a factor when determining depreciation for repairs?
• How much can you save by raising your physical damage deductibles?
• How many years of experience in personal lines insurance coverages do they have?
• Are there any discounts that you might be missing?
• Does the agency provide any after hours assistance?
• Are claim adjusters local or do you have to take your car somewhere else?

If you wish to view a list of agents in Shaftsbury to contact, go to this page.

After getting positive feedback to all your questions and an affordable coverage quote, you have narrowed it down to a company that is a good match to service your policy.

Auto insurance myths debunked

Consumers in Vermont get pounded daily by advertisements for the lowest price auto insurance from companies such as State Farm, Allstate and GEICO. All the companies make the same claim about savings if you change your policy.

How can each company claim to save you money? This is how they do it.

All companies have a certain “appetite” for the driver that makes them money. An example of a profitable customer could possibly be over the age of 50, a clean driving record, and drives newer vehicles. A propective insured who meets those qualifications receives the best rates and therefore will save a lot of money.

Consumers who do not match the requirements will be quoted higher premiums and ends up with the driver buying from a lower-cost company. The ads say “drivers who switch” but not “drivers who get quotes” save that kind of money. That is how insurance companies can claim big savings. This emphasizes why drivers should compare many company’s rates. It’s impossible to know the company that will provide you with the cheapest rates.

For more Vermont car insurance information

More tips and info about auto insurance is located at the Vermont Department of Financial Regulation website. Consumers can read consumer alerts, read state legal mandates and laws, read enforcement actions against agents and companies, and find out which companies have the most complaints.

Other informative sites include this page for auto insurance in Vermont and this link where you can get more info about Shaftsbury coverage.

In conclusion

As you prepare to switch companies, don’t be tempted to buy lower coverage limits just to save a few bucks. In many cases, an accident victim reduced uninsured motorist or liability limits only to discover later that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage for the lowest price while still protecting your assets.

In this article, we covered some good ideas how you can lower your auto insurance rates. The key concept to understand is the more companies you get rates for, the higher your chance of finding lower rates. You may be surprised to find that the biggest savings come from the smaller companies. Smaller companies often have lower prices on specific markets compared to the large companies like Progressive or GEICO.