Insider Tips to Saving Money on Biloxi Mississippi Auto Insurance

Are you confused by the sheer number of auto insurance options in Biloxi? You have a lot of company. You have so many options that it can be a ton of work to find the best price.

Where Can I Get Cheap Biloxi Auto Insurance?

Comparing auto insurance rates is a ton of work if you don’t know the best way to get rate quotes. You can waste hours talking about coverages with local insurance agents in Biloxi, or you could use online quoting for quick rates.

Most of the best insurance companies participate in an industry program that enables customers to only type in their quote data once, and each participating company then returns a price quote determined by their information. This saves time by eliminating form submissions for each company you want a rate for. To compare rates now click here to open in new window.

The one disadvantage to doing it this way is you can’t choose the providers you will receive quotes from. So if you prefer to choose from a list of companies for rate comparison, we have a page of companies who write auto insurance in Mississippi. Click to view list.

It’s up to you how you get prices quotes, just make absolute certain that you use identical coverages on every quote. If you compare different limits and deductibles on each one you will not be able to find the best deal in Biloxi. Just a small difference in coverage limits could mean much higher rates. Just keep in mind that comparing more company’s prices provides better odds of finding a better price.

Don’t miss these discounts

Insurance can cost an arm and a leg, but you can get discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you get a quote, but some must be inquired about in order for you to get them.

• Early Switch Discount – Some companies give discounts for switching to them prior to your current policy expiration. It’s a savings of about 10%.
• Club Memberships – Being a member of a civic or occupational organization could trigger savings when buying auto insurance.
• New Vehicle Savings – Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
• Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
• Homeowners Pay Less – Simply owning a home may earn you a small savings due to the fact that maintaining a home shows financial diligence.
• College Student – Any of your kids who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.
• Discount for Life Insurance – Larger companies have a break if you buy life insurance.

It’s important to understand that some of the credits will not apply to the overall cost of the policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, you’re out of luck. Any amount of discount will help reduce the cost of coverage.

For a list of companies offering auto insurance discounts in Mississippi, click this link.

Rate influencing factors

Consumers need to have an understanding of the different types of things that help determine the price you pay for auto insurance. Having a good understanding of what impacts premium levels allows you to make educated decisions that will entitle you to big savings.

• The type of vehicle makes a difference – The performance level of the vehicle you own makes a big difference in how high your rates are. The lowest rates are generally reserved for low performance passenger cars, but the cost you end up paying is determined by many additional factors.
• A clean driving record saves money – Your driving citation history has a big impact on rates. Careful drivers get better rates compared to drivers with tickets. Even a single moving violation can boost insurance rates by twenty percent. Drivers who have flagrant citations such as reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
• Too many auto insurance claims drive up costs – Insurance companies in Mississippi generally give discounts to insureds who do not rely on their insurance for small claims. If you are a frequent claim filer, you can pretty much guarantee higher rates. Your insurance policy is designed for larger claims.
• Drive less and save money – The higher the mileage driven in a year’s time the higher your rate. Most insurance companies apply a rate based on their usage. Cars and trucks left parked in the garage receive lower rates than those used for commuting. Make sure your auto insurance declarations sheet is rated on the correct usage for each vehicle, because improper ratings can cost you money.
• Are you male or female? – Statistics show women tend to be less risk to insure than men. However, don’t assume that women are better drivers. They both cause accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like DUI and reckless driving.

Save 15 percent in 15 minutes? Is it for real?

Auto insurance companies such as State Farm, GEICO and Progressive consistently run ads on TV and radio. They all seem to make an identical promise that you’ll save big if you change to them. How do they all make almost identical claims? It’s all in the numbers.

Different companies can use profiling for the right customer that makes them money. A good example of a driver they prefer could possibly be between the ages of 30 and 50, has no driving citations, and has excellent credit. A customer that hits that “sweet spot” will get the preferred rates and as a result will probably pay quite a bit less when switching companies.

Potential customers who don’t qualify for the requirements will be quoted higher premiums and ends up with the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “people who quote” save money. This is how companies can truthfully state the savings.

This emphasizes why drivers must compare many company’s rates. Because you never know which company will give you the biggest savings.

Quote often and quote early

You just read many ways to compare auto insurance prices online. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may even discover the lowest rates come from a lesser-known regional company.

As you prepare to switch companies, never buy poor coverage just to save money. Too many times, drivers have reduced comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy a smart amount of coverage for the lowest price while not skimping on critical coverages.

People leave their current company for any number of reasons including policy cancellation, high rates after DUI convictions, denial of a claim or even high prices. Whatever your reason, switching companies is not as hard as you think.

Much more information about auto insurance in Mississippi is located on the Mississippi Insurance Department website. Click here for link. Visitors are able to find a variety of consumer forms, find out industry alerts, and download brochures.

Other useful links include Auto Insurance 101 and this link which helps you find a Biloxi agent.