Searching for better insurance prices for your Land Rover Discovery can turn out to be a painful process, but you can learn a few tricks to make it easier. There are both good and bad ways to shop for car insurance so we’re going to tell you the quickest way to get price quotes for a new or used Land Rover and find the best price possible either online or from local insurance agents.
It’s important to price shop coverage every six months since rates are rarely the same from one policy term to another. Just because you had the best rates for Discovery coverage on your last policy the chances are good that you can find a lower rate today. Block out anything you think you know about car insurance because you’re about to learn the easiest way to reduce your cost while improving coverage.
If you currently have car insurance, you will be able to reduce your rates substantially using this information. Shopping for more affordable coverage is simple if you know the tricks. But drivers can benefit from knowing the way companies sell insurance online and use this information to your advantage.
Which Car Insurance is Cheapest?
The are a couple different ways of comparing price quotes from different insurance companies. The recommended way to compare insurance prices consists of shopping online. This can be accomplished in several different ways.
- The fastest way to get quotes for comparison is to use a rate comparison form click here to open form in new window. This type of form prevents you from having to do separate quotation requests for each company you want a rate for. One form will return quotes from multiple low-cost companies. This is by far the quickest method.
- A slightly less efficient method to obtain and compare quotes online consists of visiting each individual company website and complete a new quote form. For instance, we’ll pretend you want rates from GEICO, Progressive and Farmers. To get each rate you have to spend time on each company’s site and enter your policy data, which is why the first method is more popular.
To view a list of companies in your area, click here.
- The least efficient method to get comparison rates is driving around to and from local insurance agencies. Shopping for car insurance online eliminates the need for an insurance agent unless you prefer the trained guidance of a local agent. Drivers can get prices online but buy from a local insurance agent and you’ll learn how to do that later.
Whichever method you choose, make sure you use exactly the same deductibles and coverage limits on every quote. If you enter mixed coverages you can’t possibly find the best deal for your Land Rover Discovery. Slightly different limits can result in a big premium difference. Keep in mind that quoting more will increase your chances of finding better pricing.
Land Rover Discovery rates are complex
Consumers need to have an understanding of the factors that go into determining the price you pay for car insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that may reward you with big savings.
- Allowing your policy to lapse raises rates – Driving without insurance is illegal and car insurance companies will penalize you for letting your insurance expire. Not only will you pay more, but not being able to provide proof of insurance will get you a steep fine or even jail time.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
- Tickets mean higher rates – A bad driving record has a lot to do with how much you pay for insurance. Good drivers get better rates compared to drivers with tickets. Even a single speeding ticket can increase rates forty percent or more. If you have flagrant violations such as DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.
- Where you live is a factor – Living in small towns and rural areas has it’s advantages when it comes to car insurance. Urban drivers tend to have congested traffic and longer commutes to work. Lower population means fewer accidents as well as less vandalism and auto theft.
- Men fork out a little more – Statistics demonstrate women tend to be less risk to insure than men. However, this does not mean men are WORSE drivers than women. Men and women are in accidents in similar numbers, but men have costlier accidents. Men also get more serious tickets such as DWI and reckless driving. Youthful male drivers are several times more likely to be in an accident and therefore are the most expensive to insure.
- Low deductibles can be expensive – Deductibles for physical damage define the amount you are willing to pay in the event of a claim. Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your car. A few examples of covered claims would be running into the backend of another car, collision with an animal, or theft. The more expense you have to pay, the lower your rates will be for Discovery coverage.
- Safer cars are cheaper to insure – Vehicles with good safety scores are cheaper to insure. Safer cars result in less severe injuries and better occupant protection means lower claim amounts and thus lower rates. If your Land Rover Discovery scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
- Performance influences rates – The performance level of the vehicle you are insuring makes a huge difference in how high your rates are. Since the Land Rover Discovery is classified as a standard SUV, insuring your vehicle will cost slighty more than the average rate where you live. Economy passenger models receive the most favorable rates, but the final cost of insurance is determined by many other factors.
These discounts can slash car insurance rates
Companies do not advertise every available discount very clearly, so we break down some of the best known and the harder-to-find savings tricks you should be using.
- Fewer Miles Equal More Savings – Keeping the miles down on your Land Rover could be rewarded with a substantially lower rate.
- More Vehicles More Savings – Having multiple cars or trucks on one policy may reduce the rate for each vehicle.
- Seat Belt Usage – Drivers who require all occupants to use a seat belt could cut 10% or more off your PIP or medical payments premium.
- Homeowners Pay Less – Owning a home may earn you a small savings because of the fact that having a home demonstrates responsibility.
- Distant Student – Children who live away from home without a vehicle on campus may be able to be covered for less.
- Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
- Good Students Pay Less – Getting good grades can save 20 to 25%. Earning this discount can benefit you well after school through age 25.
Consumers should know that most discounts do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, you’re out of luck.
What if I want to buy from a local agent?
Some people just want to buy from a licensed agent and that is OK! One of the great benefits of comparing rates online is the fact that you can find lower rates and still choose a local agent.
After filling out this simple form, your information is transmitted to agents in your area who will return price quotes for your business. There is no reason to leave your computer because quoted prices will be sent immediately to your email address. How cool is that?! Get lower rates and an insurance agent to talk to.
Picking a company should depend on more than just a cheap price. Any agent should be forthright in answering these questions:
- Does the agency support the community they serve?
- Do they carry Errors and Omissions coverage?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Are they full-time agents?
- Will your rates increase after a single accident?
- What insurance companies do they recommend if they are an independent agent?
- Can they give you a list of client referrals?
- Are there any discounts that you might be missing?
Auto insurance agents come in two flavors
When researching a reputable insurance agent or broker, you need to know there are two different agency structures to choose from. agents are either independent (non-captive) or captive.
Captive Agents
Captive agencies can only write with one company and examples are Allstate, State Farm and Farmers Insurance. These agents are not able to shop your coverage around so they have no alternatives for high prices. Captives are well schooled on their company’s products which helps them compete with independent agents. Some people will only purchase coverage from captives partially due to the brand legacy and strong financial ratings.
Independent Agents
Independent agents are not employed by any specific company so they can insure your vehicles with many different companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, your agent can switch companies and that require little work on your part.
When searching for an agent, it’s recommended you include multiple independent agents for maximum quote selection.Most can insure with lesser-known insurance companies which may provide better rates.
For a complete listing of agencies, click here.
After getting positive feedback and an acceptable price quote, you’ve probably found a car insurance agent that is a good match to provide car insurance coverage.
Summing up your car insurance search
When buying insurance coverage, make sure you don’t reduce needed coverages to save money. In too many instances, an insured dropped liability coverage limits and discovered at claim time they didn’t have enough coverage. Your focus should be to purchase a proper amount of coverage for the lowest price.
Consumers change insurance companies for any number of reasons including unfair underwriting practices, high prices, poor customer service or even policy cancellation. No matter why you want to switch, finding a new company is less work than it seems.
Affordable Land Rover Discovery insurance can be bought both online in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance providers do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.
