Uncover Proven Ways to Save on Coventry Rhode Island Auto Insurance

Did you fall for a flashy sales pitch and buy overpriced auto insurance? Believe me, many Coventry consumers feel financially strained by their auto insurance policy. Since consumers have many companies to choose from, it is hard for the average consumer to choose the most cost effective insurer.

It’s a good idea to compare rates periodically since insurance rates fluctuate regularly. Just because you had the best rates on your last policy the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you’re about to learn the fastest and easiest way to lower your rates without sacrificing coverage.

Choosing the best insurance company for you in Coventry is not rocket science. If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using this strategy. Rhode Island consumers only need to know the best way to shop on the web.

Don’t miss these discounts

Companies offering auto insurance do not list all available discounts in a way that’s easy to find, so the following is a list of both the well known and the more hidden savings tricks you should be using. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

• Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and qualify for as much as a 10% discount.
• Multi-car Discount – Insuring more than one vehicle on one policy could earn a price break for each car.
• Drivers Education – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
• College Student – Children who attend school more than 100 miles from home and don’t have a car can receive lower rates.
• Federal Government Employee – Being employed by or retired from a federal job may qualify you for a discount depending on your company.

A little note about advertised discounts, some of the credits will not apply the the whole policy. Some only apply to the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like having all the discounts means you get insurance for free, companies don’t profit that way.

How to Get Cheap Auto Insurance in Coventry, Rhode Island

Finding cheaper auto insurance prices doesn’t have to be difficult. You just need to invest a little time comparing price quotes online from several insurance companies. This can be accomplished in several different ways.

One of the best ways to find low rates is to use a rate comparison form click to view form in new window. This method eliminates the need for separate quote forms for each company you want a rate for. A single, simple form will get you rate comparisons .

A more difficult way to compare rate quotes requires a trip to the website for each individual company and request a quote. For examples sake, we’ll assume you want comparison quotes from Progressive, 21st Century and GMAC. To get each rate you have to spend time on each company’s site to enter your coverage information, which is why most consumers use the first method.

For a list of links to companies insuring cars in Coventry, click here.

Whichever method you choose, make absolute certain that you use the exact same quote information for each price quote. If the quotes have higher or lower deductibles then you won’t be able to decipher which rate is best in Coventry.

Smart Consumers Save More

It’s important that you understand the factors that go into determining your auto insurance rates. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that could result in better auto insurance rates.

Listed below are some of the items used by your company to calculate premiums.

• High performance equals high price – The performance level of the car you are insuring makes a significant difference in how high your rates are. The lowest base rates are usually for low performance passenger vehicles, but other factors influence the final cost greatly.
• Careful drivers pay lower rates – Good drivers have lower premiums than people who have multiple driving citations. Even one speeding ticket can increase rates by as much as thirty percent. If you have severe violations such as DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form to the state department of motor vehicles in order to drive a vehicle legally.
• Being married is a good thing – Being married can get you a discount on your policy. It usually means you are more mature and responsible and it’s statistically proven that being married results in fewer claims.
• Optional equipment can affect rates – Purchasing a vehicle that has an advanced theft prevention system can get you a discount on your auto insurance. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
• No coverage gaps is important – Allowing your coverage to lapse will be a quick way to bump up your auto insurance costs. Not only will you pay more, getting caught without coverage may earn you a hefty fine and possibly a revoked license.
• Safer cars are cheaper to insure – Vehicles with good safety scores get lower rates. Safe vehicles protect occupants better and better occupant protection translates into fewer and smaller insurance claims passed on to you as lower rates.
• Liability coverage is cheap – Liability coverage is the protection when a court rules you are at fault for causing damage or personal injury in an accident. It provides legal defense coverage up to the limits shown on your policy. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
• Frequent auto insurance claims increase rates – If you file claims often, you can definitely plan on either higher rates or even cancellation. Car insurance companies in Rhode Island generally give cheaper rates to insureds who are claim-free. Car insurance is meant to be used in the event of major claims that would cause financial hardship.

When might I need help?

When choosing proper insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is unique and your policy should reflect that. These are some specific questions can aid in determining whether your personal situation could use an agent’s help.

• Is my vehicle covered for flood damage?
• Am I covered when using my vehicle for business?
• Can I drive in Mexico and have coverage?
• Is my babysitter covered when using my vehicle?
• Why am I required to buy high-risk coverage?
• How can I get high-risk coverage after a DUI?
• Will I be non-renewed for getting a DUI or other conviction?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Don’t listen to company ads

Rhode Island consumers constantly see and hear ads for the lowest price auto insurance by Allstate, GEICO and Progressive. All the ads make an identical promise about savings if you switch to their company.

How can each company make almost identical claims?

All companies have a certain “appetite” for the right customer they prefer to insure. For instance, a desirable insured might be profiled as a mature driver, has no prior claims, and has a short commute. A propective insured who matches those parameters will get the preferred rates and most likely will save quite a bit of money when switching.

Consumers who do not match the requirements must pay higher rates and this can result in business going elsewhere. The ads say “people who switch” not “people who quote” save that much money. That is how companies can truthfully advertise the way they do. This illustrates why drivers should quote coverage with many companies. It is impossible to predict which auto insurance company will fit your personal profile best.

More comparisons equals lower rates

You just learned many tips how you can reduce auto insurance prices online. The key concept to understand is the more you quote, the better your chances of lowering your rates. You may even discover the lowest rates come from the least-expected company. They may cover specific market segments cheaper as compared to the big name companies such as State Farm or Progressive.

Cheap auto insurance can be found online as well as from independent agents in Coventry, so compare prices from both in order to have the best chance of saving money. A few companies don’t offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.

Additional Rhode Island consumer information

Even more information is available at the Rhode Island Division of Insurance Regulation website. Rhode Island consumers can find disaster information, file complaints about a company, find a variety of consumer forms, and report car insurance fraud.