Better Techniques to Paying Less to Insure a Ferrari 348 TS

No one likes paying for car insurance, particularly when their premiums are through the roof.

Companies like State Farm, GEICO and Farmers Insurance promote their brand names with ad campaigns and it is challenging if not impossible to avoid their marketing magic and take the time to shop coverage around.

You probably qualify for some discounts

Companies don’t necessarily list all available discounts in a way that’s easy to find, so the following is a list of both the well known as well as the least known ways to save on car insurance.

• Auto/Home Discount – If you insure your home and vehicles with one insurance company you will save approximately 10% to 15%.
• Fewer Miles Equal More Savings – Fewer annual miles on your Ferrari can earn discounted rates on garaged vehicles.
• Discount for Life Insurance – Some companies give lower rates if you buy life insurance.
• Military Rewards – Having a family member in the military can result in better rates.
• Passive Restraint Discount – Vehicles equipped with air bags can receive discounts up to 30%.

It’s important to note that most discounts do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. Just because it seems like you could get a free car insurance policy, you won’t be that lucky.

To see a list of providers offering car insurance discounts, click here to view.

Comprehensive Car Insurance Comparison

There are multiple methods to compare car insurance quotes, but some are easier and takes less work. You could waste time talking to insurance companies in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Most of the best insurance companies are enrolled in a marketplace where prospective buyers submit one quote, and each participating company can provide price quotes based on the submitted data. This saves time by eliminating quote requests for each company you want a rate for.

To compare pricing click here (opens in new window).

The only downside to using this type of system is you are unable to specify which insurance companies you want pricing from. So if you prefer to pick from a list of companies to compare rates, we have a listing of companies who write car insurance in your area. View list of insurance companies.

It’s up to you which method you use, but ensure you are comparing the exact same deductibles and coverage limits for each comparison quote. If you use different values for each quote it’s not possible to decipher which rate is best. Slightly different insurance coverages may result in large price differences. And when comparing car insurance rates, know that comparing more company’s prices helps locate the best rates.

What coverages do I need?

When choosing the best car insurance coverage for your vehicles, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions could help you determine if your insurance needs would benefit from an agent’s advice.

• Is business equipment covered while in my vehicle?
• Does my insurance cover my expensive audio equipment?
• What if I don’t agree with a claim settlement offer?
• Is my dog or cat covered if injured in an accident?
• Can my teen driver be rated on a liability-only vehicle?
• Should I buy more coverage than the required minimum liability coverage?
• When should my teen driver be added to my policy?
• Are rental cars covered under my policy?
• Am I covered when delivering products for my home-based business?
• Does my Ferrari 348 TS need full coverage?

If you can’t answer these questions but you know they apply to you, you might consider talking 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.

More comparisons equals lower rates

Cost effective Ferrari 348 TS insurance can be bought both online as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies don’t offer online quoting and most of the time these small insurance companies sell through independent agents.

We just covered some good ideas how you can reduce Ferrari 348 TS insurance prices online. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. You may be surprised to find that the lowest premiums are with a lesser-known regional company. They may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate and Progressive.