New Methods for Paying Less for on Conway Car Insurance

Scraping up a payment for overpriced car insurance can overdraw your bank account, especially in this economy. Doing a price comparison is a smart way to cut your insurance bill. Since consumers have many car insurance companies to choose from, it can be diffult for consumers to pick the cheapest insurer.

Pricing the lowest cost car insurance in Conway is not that difficult. If you have insurance now or need new coverage, you can learn to reduce the price you pay and possibly find even better coverage. Arkansas consumers just need to learn the proper methods to get comparison rates on the web.

Compare the Market for Car Insurance in Conway, AR

Shopping for lower car insurance rates is a ton of work if you aren’t aware of the most efficient way to do it. You could waste a few hours talking about coverages with agents in Conway, or you can utilize online quoting to get the quickest rates.

Many popular insurance companies enroll in a system that enables customers to send in one quote, and at least one company returns a rated price for coverage. This eliminates the need for quote requests to each individual car insurance company. To participate in this free quote system, click here to open in new window.

The only downside to doing it this way is you don’t know exactly the insurers you want to price. So if you want to choose from a list of companies to compare rates, we put together a list of companies who write car insurance in Arkansas. Click to view list.

However you get your quotes, compare exactly the same coverages and limits with each company. If you compare different values for each quote it’s not possible to find the best deal in Conway.

Discounts can save BIG

Insurance can cost an arm and a leg, buy you may qualify for discounts that you may not even be aware of. Some discounts apply automatically at the time you complete a quote, but less common discounts must be manually applied in order for you to get them. If you’re not getting every credit available, you are throwing money away.

  • Use Seat Belts – Drivers who require all occupants to wear their seat belts could save 15% off your medical payments premium.
  • Discount for New Cars – Buying coverage on a new vehicle is cheaper since new cars are generally safer.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy before your current expiration date. The savings is around 10%.
  • Homeowners Savings – Being a homeowner may trigger a car insurance policy discount due to the fact that maintaining a home requires personal responsibility.
  • E-sign – A handful of insurance companies will discount your bill up to fifty bucks simply for signing digitally online.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like you can get free auto insurance, it just doesn’t work that way. But all discounts will bring down the amount you have to pay.

Conway Rates are Influenced by These Factors

It’s important that you understand the factors that come into play when calculating your car insurance rates. Knowing what impacts premium levels allows you to make educated decisions that could result in big savings.

  • You might want pay the small claims yourself – Companies in Arkansas award lower rates to people who do not rely on their insurance for small claims. If you file claims often, you can expect either a policy non-renewal or much higher rates. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Where you live can impact rates – Residing in a small town can be a good thing when talking about car insurance. Drivers who live in large cities tend to have much more traffic and longer commute times. Fewer people means fewer accidents and also fewer theft and vandalism claims.
  • Safer cars cost less to insure – Vehicles with good safety scores can get you lower premiums. Safe vehicles result in less severe injuries and any reduction in injury severity translates into fewer and smaller insurance claims and thus lower rates.
  • Don’t buy coverages you don’t need – There are quite a few add-on coverages that you can buy on your car insurance policy. Coverages for rental car reimbursement, towing coverage and term life insurance may be wasting your money. They may seem good initially, but if they’re wasting money eliminate them to save money.
  • Liability coverage protects you – Liability coverage is the protection when a jury decides you are liable for damages caused by your negligence. Liability provides legal defense coverage which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so do not skimp.
  • Multi-policy discounts can save money – Some car insurance companies give discounts to insureds who have multiple policies with them in the form of a multi-policy discount. Even if you’re getting this discount you may still want to shop around to make sure you are getting the best deal.

Car Insurance through a local agent

A small number of people prefer to buy from a local agent and that is OK! Agents can answer important questions and help file insurance claims. The best thing about comparing rates online is you can get lower rates and still choose a local agent. And supporting local insurance agencies is definitely important in Conway.

By using this quick form, the coverage information is transmitted to participating agents in Conway who will battle to get your business. You don’t have to leave your house because quoted prices will be sent immediately to your email address. It doesn’t get any easier!Conway Arkansas insurance comparisons

Captive agents vs. Independent agents

If you’re trying to find a reputable insurance agent or broker, there are a couple of different agency structures from which to choose. Conway agents can either be captive or independent. Either one can insure your vehicles, but it’s good to learn the difference between them because it can impact your selection of an agent.

Independent Insurance Agents

Independent agencies do not work for one specific company so they can insure your vehicles with lots of companies and potentially find a lower price. To move your coverage to a new company, they simply move the coverage in-house without you having to go to a different agency. When shopping rates, we recommend you include several independent insurance agents to have the most options to choose from.

The following are independent agents in Conway who may be able to give you comparison quotes.

Farris Agency Inc – 801 Parkway St – Conway, AR 72034 – (501) 329-1221
Joe Pruett Agency – 603 Court St # 2 – Conway, AR 72032 – (501) 327-9222
Direct General Ins Agency – 405 Oak St # 3 – Conway, AR 72032 – (501) 450-7800
Stanley Russ Insurance – 1117 1/2 Oak St # 208 – Conway, AR 72032 – (501) 329-8331
Marty Faggetti Insurance – 2223 Washington Ave – Conway, AR 72032 – (501) 327-4620

Captive Agents

These agents are contracted to one company such as AAA, Allstate and State Farm. They are unable to compare other company’s rates so it’s a take it or leave it situation. They are well schooled on their company’s products which helps them sell insurance even at higher premiums.

Below is a short list of captive agencies in Conway that can give you price quote information.

Allstate Insurance – 1120 Hogan Ln # B – Conway, AR 72034 – (501) 932-7666
Farmers Insurance Group – 1065 Clayton St # 1 – Conway, AR 72032 – (501) 329-5444
Shelter Insurance – 2319 Washington Ave – Conway, AR 72032 – (501) 327-7391
Farm Bureau Insurance – 300 Industrial Blvd – Conway, AR 72032 – (501) 329-5681
State Farm Insurance – 2100 Meadowlake Rd – Conway, AR 72032 – (501) 513-0800

For a full directory of car insurance agents in Conway, please view this page.

Picking an insurance agent should depend on more than just the premium amount. These questions are important to ask:

  • Will your rates increase after a single accident?
  • Is assistance available after office hours?
  • If you are a high risk driver, do they have special markets for your coverage?
  • Are they full-time agents?
  • Does the agency support the community they serve?
  • Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
  • Are claims handled at the agent’s location?

After receiving good answers to your questions and a low price estimate, it’s possible that you found an auto insurance agent that will properly service your car insurance policy.

Much more information about car insurance in Arkansas can be read on the website for the Arkansas Insurance Department through this link. Arkansas drivers can download brochures, learn about insurance regulations, get help finding coverage, and read state legal mandates and laws.

Is there deception in advertising?

Arkansas drivers get pounded daily by advertisements for cheaper car insurance by companies like State Farm and Allstate. They all seem to make an identical promise that you can save if you move to them.

But how can every company say the same thing?

All the different companies have a preferred profile for the type of customer they prefer to insure. For example, a desirable insured might be profiled as between 30 and 50, is a homeowner, and drives less than 10,000 miles a year. A customer that hits that “sweet spot” will get very good rates and is almost guaranteed to cut their rates substantially.

Drivers who don’t measure up to these standards must pay a higher premium and this can result in business going elsewhere. The ad wording is “customers that switch” not “everyone that quotes” save money. That’s the way companies can truthfully state the savings.

This illustrates why it’s extremely important to get quotes from several different companies. It’s just too difficult to predict which company will give you the biggest savings.

Buy online or local, you save

Throughout this article, we presented a lot of information how to get a better price on car insurance. The key concept to understand is the more providers you compare, the higher the chance of saving money. You may even find the lowest premiums are with some of the smallest insurance companies. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm, GEICO and Nationwide.

Cost effective car insurance is available both online and also from your neighborhood Conway agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide online quoting and many times these smaller companies only sell through independent insurance agents.