Feel like you’re a prisoner to an overpriced auto insurance policy? Believe me, many consumers feel financially strained by their auto insurance policy. With so many insurance providers from which to choose, it is hard for the average consumer to find the right company.
Choosing the best insurance company for you is not that difficult. If you have a policy now or need a new policy, you can follow these tips to find the best rates while maximizing coverage. Consumers only need to know the most effective way to get comparison quotes on the web.
Complexity of Nissan 350Z insurance rates
An important part of buying insurance is that you know the different types of things that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what influences your rates enables informed choices that could result in much lower annual insurance costs.
- Discounts for married couples – Being married can actually save you money when buying auto insurance. Having a spouse means you’re more mature than a single person and it’s proven that drivers who are married are more cautious.
- Protect your assets with liability insurance – Liability coverage is the coverage that protects you if a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.
- Add-on coverages can add up – There are a lot of extra coverages that you can get tricked into buying when buying auto insurance. Things like rental car reimbursement, accidental death and motor club memberships are some examples. They may seem good when you first buy your policy, but if you don’t need them remove them from your policy.
- Your job and insurance rates – Careers like doctors, social workers and financial analysts are shown to have higher average rates due to stressful work requirements and lengthy work days. Conversely, occupations like farmers, engineers and the unemployed pay the least for 350Z insurance.
- Big city or small town – Living in a small town is a positive aspect when talking about auto insurance. City drivers regularly have more traffic problems and a longer drive to work. Lower population means reduced accidents and a lower car theft rate.
Finding Auto Insurance Deals
Comparing auto insurance rates can be challenging if you don’t utilize the most efficient way to do it. You can waste a few hours (or days) discussing policy coverages with local insurance agents in your area, or you can stay home and use online quotes to get prices fast.
Most car insurance companies belong to a marketplace that enables customers to submit their information once, and every company then gives them pricing based on that data. This eliminates the need for quote requests for each company you want a rate for.
To find out how much you’re overpaying now click here to open in new window.
The only drawback to doing it this way is that consumers can’t choose which carriers you want to price. If you wish to select individual companies to request quotes from, we have assembled a list of the cheapest auto insurance companies in your area. View list of insurance companies.
It’s your choice how you get your quotes, but ensure you’re using exactly the same information for each comparison quote. If you are comparing unequal deductibles or liability limits it’s impossible to make an equal comparison.
Take discounts and save
Companies don’t always list every discount very clearly, so the following is a list of some of the best known and also the lesser-known auto insurance savings. If you’re not getting every credit possible, you are throwing money away.
- Safety Course Discount – Taking a driver safety course can save you 5% or more and easily recoup the cost of the course.
- Homeowners Savings – Simply owning a home may trigger a auto insurance policy discount because owning a home requires personal responsibility.
- New Car Discount – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
- Resident Student – Any of your kids who are attending college and do not have access to a covered vehicle can receive lower rates.
- Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
- E-sign – A handful of insurance companies give back up to $50 for buying your policy digitally online.
Drivers should understand that most of the big mark downs will not be given to the entire policy premium. Most only cut specific coverage prices like comp or med pay. So when it seems like all the discounts add up to a free policy, you won’t be that lucky.
To see a list of providers who offer auto insurance discounts, click here to view.
What about using a local agent?
Some consumers just want to buy from a licensed agent. Insurance agents can point out coverage gaps and give you peace of mind. One of the best bonuses of getting online price quotes is you may find the best rates and still have an agent to talk to.
After filling out this simple form, your coverage information is emailed to insurance agents who will compete to get your business. You won’t need to leave your computer since price quotes are sent to the email address you provide. How cool is that?!
Selecting an insurer shouldn’t rely on just a low price. Any agent should be forthright in answering these questions:
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Is the agent and/or agency licensed to do business in your state?
- Is vehicle damage repaired with OEM or aftermarket parts?
- If your car is totalled, how to they determine the replacement cost?
- What are the financial ratings for the companies they represent?
- Do they feel the quoted coverages are adequate?
How to choose the best insurance agent
If you’re trying to find a reliable agent, you must know there are a couple different types of agents that you can select. agents can either be captive or independent (non-captive). Both types can do a good job, but it’s worth learning the differences because it can influence the type of agent you choose
Agency Captives
This type of agents can only place business with one company such as Farmers Insurance, American Family, State Farm and Allstate. These agents are unable to place coverage with different providers so they have to upsell other benefits. Captive agents are very knowledgeable on their products and sales techniques which can be an advantage.
Independent Insurance Agents
Independent insurance agents are not employed by any specific company but rather can write business with many different companies and potentially find a lower price. If your agent finds better pricing, they simply move the coverage in-house and that require little work on your part. When comparing rates, you should always include at least one independent agent to have the most options to choose from.
To view a complete directory of auto insurance agents, click here.
Once you have satisfactory answers to these questions and locked in a price quote, it’s possible that you found an insurance agent that is a good match to properly insure your vehicles.
What is the best insurance coverage?
When it comes to choosing the right insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions could help you determine if your situation will benefit from professional help.
- Is my Nissan 350Z covered for smoke damage?
- When do I need to add a new car to my policy?
- Is my dog or cat covered if injured in an accident?
- Why does it cost so much to insure a teen driver?
- How high should my uninsured/underinsured coverage be in my state?
- Should I have combined single limit or split liability limits?
- Does my insurance cover my expensive audio equipment?
If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.
More quotes mean more savings
As you restructure your insurance plan, it’s very important that you do not reduce coverage to reduce premium. There are too many instances where an accident victim reduced full coverage only to find out they didn’t purchase enough coverage. The aim is to find the BEST coverage for the lowest price while still protecting your assets.
Budget-conscious Nissan 350Z insurance is available on the web in addition to many insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.
