No one likes buying car insurance, especially when they are aware that they could find better prices if they shop around. Lots of insurers contend for your insurance dollar, so it can be very hard to choose a insurance company to get the lowest rate
Consumers should take time to do rate comparisons before your next renewal due to the fact that insurance prices are constantly changing. Just because you found the lowest quotes on Juke insurance on your last policy the chances are good that you can find a lower rate today. Ignore everything you know about car insurance because you’re about to learn one of the easiest ways to find great coverage at a great price.
Informed Decisions Result in Lower Insurance Costs
Multiple criteria are used in the calculation when you quote your car insurance policy. Some factors are common sense such as your driving record, but others are more transparent such as your marital status and annual miles driven. It’s important that you understand some of the elements that are used to determine your policy premiums. If you understand what controls the rates you pay, this allows you to make educated decisions that could result in lower rates.
Listed below are a partial list of the pieces used by your company to calculate premiums.
- Women tend to cost less – Statistics show women tend to be less risk to insure than men. Now that doesn’t mean men are worse drivers. Men and women cause fender benders at about the same rate, but men have accidents that have higher claims. Not only are claims higher, but men receive more costly citations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 cause the most accidents and thus pay the highest rates.
- The more you drive the more you pay – Driving more miles annually the more you’ll pay to insure your vehicle. Many insurance companies price each vehicle’s coverage based on how the vehicle is used. Cars that sit idle most of the time cost less to insure than vehicles that are driven to work every day. It’s a smart idea to ensure your car insurance coverage correctly shows the correct usage for each vehicle, because it can save money. Improper usage on your Juke may be costing you.
- Frequent policy claims increase premiums – If you frequently file small claims, you can definitely plan on higher premiums or even policy non-renewal. Auto insurance companies award the lowest premiums to people who do not file claims often. Insurance coverage is intended to be relied upon for claims that you cannot pay yourself.
- Marriage brings a discount – Being married may earn you lower rates when buying car insurance. Marriage may mean you are less irresponsible and it’s statistically proven that drivers who are married file infrequent claims.
- Obey driving laws and save – Drivers with clean records receive lower rates than bad drivers. Getting just one ticket may cause rates to rise substantially. Drivers who have careless violations like hit and run, DWI or reckless driving convictions might be required by their state to complete a SR-22 with their state in order to legally drive a vehicle.
- Liability – Your policy’s liability coverage is the protection if you are found liable for causing personal injury or damage in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. It is affordable coverage compared to physical damage coverage, so drivers should carry high limits.
- Cheaper rates by consolidating – Most insurers will give better rates for people who buy several policies from them. It’s known as a multi-policy discount. Even with this discount applied, it’s always a smart idea to check prices from other companies to verify if the discount is saving money.
There are several ways you can shop for car insurance but there is one way that is less labor-intensive and much quicker. You can spend countless hours talking about coverages with local insurance agents in your area, or you could use online quotes to achieve your goal.
Many insurance companies take part in a program that allows shoppers to submit their information once, and each participating company returns a competitive quote. This system prevents you from having to do quote forms to each individual car insurance company.
To find out what other companies charge click to open in new window.
The one disadvantage to pricing coverage this way is that consumers can’t choose the companies you want to price. If you would rather choose individual companies for rate comparison, we put together a list of companies who write car insurance in your area. Click here for list of insurance companies.
It doesn’t matter which method you choose, just be sure to compare equivalent coverage information for each price quote. If you use higher or lower deductibles it will be next to impossible to make a fair comparison for your Nissan Juke. Just slight variations in insurance coverages could mean much higher rates. Keep in mind that comparing a large number of companies will enable you to find the best offered rates.
Slick advertising tricks that work
Respected companies like State Farm, Allstate and GEICO consistently run ads in print and on television. They all seem to seem to make the promise of big savings just by switching to them. How is it plausible that every one can give you a lower rate? It’s all in the numbers.
Insurance companies have strict underwriting profiles for the driver that will add to their bottom line. One example of a desirable risk may need to be married and over the age of 30, has never had a policy lapse, and has great credit. Anybody that meets those criteria receives the best premium rates and therefore will save when switching.
Drivers who don’t measure up to these standards will have to pay a higher premium and this can result in the customer buying from someone else. The ads state “people who switch” not “all people who quote” save that kind of money. This is how insurance companies can make claims like that.
Because of these techniques, you really need to compare as many as you can. You cannot predict the company that will give you lower auto insurance rates than your current company.
Drivers can save with with these discounts
Car insurance is not an enjoyable expense, but there could be available discounts to cut the cost considerably. Some of these disounts will be visible when you complete an application, but once in a while a discount must be asked about prior to getting the savings.
- Defensive Driving Course – Taking part in a driver safety course could possibly earn you a 5% discount and make you a better driver.
- No Charge for an Accident – Not really a discount, but companies like Progressive, Allstate, and Liberty Mutual will turn a blind eye to one accident before raising your premiums if your claims history is clear for a set time period.
- Seat Belts Save more than Lives – Drivers who require all vehicle occupants to use their safety belts could save 15% on the premium charged for medical payments and/or PIP.
- Federal Government Employee – Being employed by or retired from a federal job may reduce rates when you on Juke insurance depending on your car insurance provider.
- Distant College Student Discount – Kids who are enrolled in higher education away from home and do not have a car may be able to be covered for less.
- Discount for Multiple Policies – If you insure your home and vehicles and place coverage with the same company you may save over 10 percent off each policy depending on the company.
- Driving Data Discount – Insureds who allow data collection to spy on driving manner by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if they have good driving habits.
- Early Payment Discounts – If you can afford to pay the entire bill instead of monthly or quarterly installments you could save up to 5%.
- Include Life Insurance and Save – Select companies reward you with a lower price if you buy life insurance from them.
A quick disclaimer, most discounts do not apply the the whole policy. Most only apply to the price of certain insurance coverages like medical payments or collision. So even though it sounds like adding up those discounts means a free policy, you won’t be that lucky.
Some of the larger companies that may offer these money-saving discounts include:
If you want , ask every prospective company how many discounts you can get. A few discounts might not be offered in your area.
Your situation helps dictate your coverage
When choosing adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Each situation is unique and your policy should reflect that. For example, these questions may help highlight whether or not you will benefit from professional help.
- Am I covered when using my vehicle for business?
- What discounts do I qualify for?
- Am I covered if I crash into my own garage door?
- When should I drop full coverage on my Nissan Juke?
- Is my nanny covered when driving my vehicle?
- Does my Nissan Juke qualify for pleasure use?
- Is my business laptop covered if it gets stolen from my vehicle?
- Is my teen driver covered when they drive my company car?
- Are split liability limits better than a combined single limit?
If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.
Lower rates by being persistent
We covered a lot of ways to reduce Nissan Juke insurance rates online. The most important thing to understand is the more providers you compare, the better likelihood of getting . You may be surprised to find that the biggest savings come from an unexpected company. Regional companies can often insure niche markets at a lower cost than their larger competitors like Allstate or State Farm.
While you’re price shopping online, it’s not a good idea to buy less coverage just to save a little money. There are too many instances where drivers have reduced liability limits or collision coverage and discovered at claim time that they should have had better coverage. The goal is to buy enough coverage at the best price while still protecting your assets.
