Wish you could get out of overpriced car insurance? Believe me, many consumers feel financially strained by their car insurance policy. Consumers have many auto insurance companies to pick from, and although it’s a good thing to be able to choose, it can be more challenging to compare rates and cut insurance costs.
Discounts for lower car insurance rates
Auto insurance companies don’t always publicize every discount in a way that’s easy to find, so here is a list some of the best known as well as some of the hidden car insurance savings.
- No Claims – Insureds who avoid accidents and claims can save substantially when compared to accident-prone drivers.
- Discount for Passive Restraints – Factory air bags or motorized seat belts can get savings up to 30%.
- E-sign – Some companies give back up to $50 for completing your application on the web.
- Federal Employees – Active or retired federal employment can earn a discount up to 10% for Monterey van insurance with certain companies.
- Defensive Driver Discount – Successfully completing a course that instructs on driving safety could save 5% or more depending on where you live.
A little disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Most only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates you could get a free car insurance policy, that’s just not realistic. But all discounts will positively reduce the premium cost.
Popular car insurance companies and a summarized list of policyholder discounts include:
- Progressive has savings for online quote discount, good student, online signing, homeowner, continuous coverage, multi-vehicle, and multi-policy.
- GEICO may offer discounts for five-year accident-free, air bags, anti-theft, federal employee, anti-lock brakes, multi-policy, and driver training.
- State Farm includes discounts for Drive Safe & Save, good student, multiple policy, multiple autos, anti-theft, and student away at school.
- Esurance discounts include anti-theft, online shopper, Pac-12 alumni, multi-policy, Switch & Save, and multi-car.
- The Hartford may have discounts that include good student, bundle, driver training, defensive driver, vehicle fuel type, and air bag.
When comparing rates, check with each company or agent which discounts can lower your rates. Some of the discounts discussed earlier may not be offered everywhere. To find providers that offer multiple discounts, click here.
How to Lower Your Insurance Costs
Part of the car insurance buying process is learning some of the elements that help determine your policy premiums. When you understand what impacts premium levels, this allows you to make educated decisions that could help you find lower car insurance prices.
- Don’t skimp on liability coverage – Liability insurance provides coverage when a court rules you are at fault for damages caused by your negligence. Your liability coverage provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.
- Cheaper premiums with safer cars – Cars with five star safety ratings are cheaper to insure. Safe vehicles reduce injuries and reduced instances of injuries means your insurance company pays less and thus lower rates.
- Experienced drivers pay less – Teen drivers are statistically proven to be inattentive in a vehicle so car insurance rates are higher. Having to add a beginning driver onto a policy will cause a huge premium hike. Mature drivers are viewed as being more responsible, are lower risk to insure and receive fewer citations.
- Single drivers may have higher costs – Having a spouse may save some money compared to being single. It translates into being more mature and it’s proven that married couples file fewer claims.
Tailor your car insurance coverage to you
When buying the right insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Everyone’s needs are different so your insurance needs to address that. These are some specific questions may help you determine whether your personal situation will benefit from professional help.
- I don’t drive much so do I pay less?
- Does my insurance cover my expensive audio equipment?
- Can I still get insurance after a DUI?
- What can I do if my company won’t pay a claim?
- When should I drop full coverage on my Mercury Monterey Van?
- Am I covered when driving someone else’s vehicle?
- What are no-fault laws?
- Do I need PIP (personal injury protection) coverage in my state?
- Should I file a claim if it’s only slightly more than my deductible?
- Do I have coverage for damage caused while driving under the influence?
If you can’t answer these questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.
Summing up your car insurance search
We just showed you many ideas to shop for Mercury Monterey Van insurance online. The key concept to understand is the more times you quote, the better your chances of lowering your prices. You may be surprised to find that the biggest savings come from a smaller regional carrier. Smaller companies may only write in your state and offer lower prices compared to the large companies like State Farm and Allstate.
Some insurance companies may not provide price quotes online smaller providers prefer to sell through local independent agents. The cheapest Mercury Monterey Van insurance is definitely available from both online companies in addition to many insurance agents, and you should be comparing both in order to have the best chance of saving money.
