Learn Proven Techniques to Save on Concord Auto Insurance
Have you fallen victim to an underperforming, overpriced auto insurance policy? Believe me when I say there are a lot of people in Concord just like you who feel imprisoned by their auto insurance policy. Many car insurance companies vie for your insurance dollar, so it’s not easy to compare every provider and get the definite lowest cost out there.
If you have a policy now or need new coverage, you can use these tips to cut your premiums while maintaining coverages. Finding the best rates in Concord is easy if you know what you’re doing. North Carolina drivers just need to know the proper methods to shop on the web.
Comprehensive Auto Insurance Comparison in Concord
Performing a rate comparison can take hours if you aren’t aware of the fastest way to get free quotes. You could waste time discussing policy coverages with insurance companies in Concord, or you can stay home and use the internet to maximize your effort.
All the larger companies are enrolled in a marketplace that enables customers to complete one form, and at least one company provides a quote based on that data. This prevents consumers from doing quote forms to every company.
To enter your information into the quoting system, click here to open in new window.
The one downside to comparing rates this way is you can’t choose the insurers you will receive quotes from. If you prefer to choose specific insurance companies to compare, we have assembled a list of companies who write auto insurance in North Carolina. Click here to view list.
Whichever method you choose, ensure you are comparing identical information for every quote you compare. If you enter different limits and deductibles on each one it will be very difficult to determine the best price in Concord.
Save 15 percent in 15 minutes? Is it for real?
Consumers can’t get away from ads for the lowest price auto insurance by GEICO, State Farm and Progressive. All the companies say the same thing of big savings if you switch to their company.<img class="alignright" style="padding-top:15px;" src="https://www.findnewcarinsurance.com/wp-content/uploads/ci175-44.jpg" alt="Concord North Carolina car insurance“/>
But how can every company make the same claim? This is how they do it.
Insurance companies can use profiling for the driver that makes them money. A good example of a driver they prefer could possibly be over the age of 40, has no tickets, and has a short commute. Any driver that hits that “sweet spot” receives the best rates and most likely will save when they switch companies.
Potential insureds who don’t qualify for the requirements must pay a higher premium and ends up with the customer not buying. The ad wording is “customers who switch” not “everyone that quotes” save that kind of money. That’s why companies can state the savings.
This illustrates why drivers should get quotes from several different companies. It’s just too difficult to predict the company that will have the lowest rates.
What impacts Concord insurance rates?
Smart consumers have a good feel for the different types of things that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that could result in better auto insurance rates.
- Teen drivers pay high rates – Older insureds are viewed as being more responsible, tend to file fewer claims and are safer drivers. Youthful drivers have a tendency to be careless and easily distracted when behind the wheel therefore auto insurance rates are much higher.
- Keep rates low by being claim-free – If you tend to file frequent claims, you can look forward to either a policy non-renewal or much higher rates. Insurance companies in North Carolina award cheaper rates to policyholders who do not rely on their insurance for small claims. Auto insurance is meant to be used in the event of larger claims.
- High performance equals high price – The type of car you are insuring makes a huge difference in your rates. Low performance passenger cars receive the most favorable rates, but the final cost of insurance is determined by many other factors.
- Being married is a good thing – Having a spouse actually saves money on auto insurance. Having a spouse means you’re more mature and responsible and it’s statistically proven that married drivers get in fewer accidents.
- Men are more aggressive – Statistics demonstrate that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. Both sexes have accidents in similar percentages, but the men cause more damage. Men also statistically receive more costly citations such as reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and are penalized with high auto insurance rates.
- Bundling policies can get discounts – Most companies provide better rates to people who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s still a good idea to comparison shop to make sure you are getting the best deal.
- Your auto insurance rates can be influenced by your job – Did you know your job can affect your rates? Jobs such as lawyers, business owners and stock brokers have the highest rates in part from job stress and long work days. On the other hand, professions such as scientists, students and homemakers get better rates.
Pay less by taking advantage of discounts
The cost of insuring your cars can be expensive, but there could be available discounts to cut the cost considerably. Some trigger automatically when you complete an application, but some may not be applied and must be specifically requested in order for you to get them. If you aren’t receiving every discount possible, you’re just leaving money on the table.
- Accident Forgiveness – A few companies will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a set time period.
- Auto/Home Discount – When you combine your home and auto insurance with one insurance company you could get a discount of 10% to 20% off each policy.
- Resident Student – Any of your kids who attend school more than 100 miles from home without a vehicle on campus can be insured at a reduced rate.
- Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts until age 25.
- Memberships – Being a member of a civic or occupational organization could qualify you for a break when buying auto insurance.
Drivers should understand that most of the big mark downs will not be given to the entire policy premium. Most only reduce the price of certain insurance coverages like comp or med pay. Just because it seems like you could get a free auto insurance policy, it doesn’t quite work that way. But any discount will help reduce your premiums.
To see a list of insurance companies with the best auto insurance discounts in North Carolina, click this link.
Keep this in mind
We’ve covered a lot of tips how to lower your auto insurance rates. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even discover the lowest rates come from a company that doesn’t do a lot of advertising. They may often insure only within specific states and give getter rates compared to the large companies like State Farm, GEICO and Nationwide.
Cheap auto insurance is possible on the web as well as from independent agents in Concord, so you should compare both to have the best selection. Some companies don’t offer online quoting and most of the time these smaller companies sell through independent agents.
Additional auto insurance information is located on the website for the North Carolina Department of Insurance through this link. Visitors are able to file complaints about a company, learn about insurance regulations, find out industry alerts, and report car insurance fraud.
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