Wasting Money on Car Insurance in West Warwick, RI? Here’s How to Save!

Are you sick and tired of not being able to afford to pay your car insurance bill each month? Your situation is no different than many other Rhode Island consumers. Popular companies such as State Farm, Farmers Insurance, GEICO and Allstate increase brand awareness with TV and radio ads and it can be hard to see past the corporate glitz and effectively compare rates to find the best deal.

You should take the time to compare prices on a regular basis since rates go up and down regularly. Just because you found the best deal six months ago a different company probably has better rates today. So just forget anything you know (or think you know) about car insurance because we’re going to show you one of the easiest ways to find lower rates on car insurance.

If you have a policy now or need new coverage, you can use these techniques to find better prices while maximizing coverage. Buying car insurance in West Warwick is not rocket science. Rhode Island drivers only need to know the proper way to get comparison rates online.

Don’t overlook these discounts

Insuring your fleet can be pricey, but you may find discounts to help offset the cost. Most are applied when you purchase, but lesser-known reductions have to be asked about before they will apply. If you don’t get every credit you qualify for, you are paying more than you should be.

• Homeowners Pay Less – Owning a house in West Warwick may trigger a car insurance policy discount due to the fact that maintaining a home demonstrates responsibility.
• Club Memberships – Participating in a civic or occupational organization could qualify you for a break when buying car insurance.
• Save over 55 – If you’re over the age of 55, you may qualify for a small decrease in premiums.
• No Claims – Claim-free drivers can save substantially when compared to frequent claim filers.
• Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% with select insurance companies.
• Drive Less and Save – Low mileage vehicles could be rewarded with better rates on cars that stay parked.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as liability and collision coverage. So even though it sounds like you can get free auto insurance, companies wouldn’t make money that way. Any qualifying discounts will reduce your overall premium however.

To choose insurance companies with discount car insurance rates in West Warwick, click here to view.

How to Compare Car Insurance Quotes in West Warwick, Rhode Island

Reducing your insurance rates is not a difficult process. You just need to spend a few minutes on the computer to get quotes online from several insurance companies. It is quite easy and can be accomplished in a couple of different ways.

1. One of the simplest ways consumers can analyze rates is an all-inclusive rate comparison like this one (opens in new window). This type of form saves time by eliminating repetitive form submissions to each individual car insurance company. In just a few minutes this one form will return quotes instantly.
2. A less efficient way to analyze rates is to manually visit each company’s website to request a price quote. For examples sake, let’s assume you want to compare Liberty Mutual, Allstate and Travelers. To find out each rate you need to go to every website and enter your information, which is why most consumers use the first method. For a list of links to companies insuring cars in West Warwick, click here.

It doesn’t matter which method you choose, just make absolute certain that you use the exact same quote information for every quote you compare. If you compare differing limits it’s not possible to determine the best price in West Warwick.

Components of your insurance rates

Smart consumers have a good feel for the factors that go into determining the rates you pay for car insurance. Understanding what impacts premium levels helps enable you to make changes that can help you get much lower annual insurance costs.

Listed below are some of the items that factor into your rates.

• More miles equals more premium – The more miles you rack up on your car each year the more you’ll pay to insure your vehicle. Most companies charge to insure your cars based upon how you use the vehicle. Autos left parked in the garage qualify for better rates than vehicles that are driven to work every day. Make sure your car insurance policy properly reflects how each vehicle is driven.
• Your credit rating is important – Your credit score is a huge factor in your rate calculation. If your credit history is lower than you’d like, you could save money insuring your by improving your rating. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have poor credit.
• Safer cars cost less to insure – Cars with high safety ratings can get you lower premiums. These vehicles have better occupant injury protection and better occupant protection means less money paid by your insurance company and lower rates for you.
• What type of vehicle do you drive? – The type of car you own makes a significant difference in the rate you pay. Lower performance four cylinder passenger cars receive the most favorable rates, but there are many factors that impact the final cost.
• Liability coverage is peace of mind – Your policy’s liability coverage is the protection in the event that you are found to be at fault for damages caused by your negligence. It provides legal defense which can be incredibly expensive. Liability is cheap as compared to coverage for physical damage, so do not skimp.

Is my situation unique?

When choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help you determine whether your personal situation may require specific advice.

• Does my policy cover me when driving someone else’s vehicle?
• Is business property covered if stolen from my car?
• What vehicles should carry emergency assistance coverage?
• Do I pay less if my vehicle is kept in my garage?
• What happens if I owe more than my vehicle is worth?
• Can I rate high risk drivers on liability-only vehicles?
• Do I really need UM/UIM coverage?
• Should I buy more coverage than the required Rhode Island minimum liability coverage?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

In the end, you save

As you restructure your insurance plan, it’s very important that you do not reduce needed coverages to save money. There are many occasions where an insured dropped full coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to buy enough coverage at a price you can afford while still protecting your assets.

Cheaper car insurance is definitely available online in addition to many West Warwick insurance agents, so compare prices from both to get a complete price analysis. Some companies do not provide online quoting and usually these small insurance companies provide coverage only through local independent agents.

More information is located on the website for the Rhode Island Division of Insurance Regulation found here. Visitors are able to find disaster information, learn about specific coverages, and download brochures.

Also read more on BankRate.com’s Car Insurance: When not to Skimp and this page for help finding agents in West Warwick, RI.