Is Your Lowell Car Insurance Costing Too Much?

Searching for low-cost Lowell car insurance on the web can seem to be difficult for consumers new to comparison shopping online. With dozens of companies in the marketplace, how can Lowell drivers effectively compare every company to locate the best available rates?

If you are paying for car insurance now, you will most likely be able to save some money using this strategy. Shopping for the lowest cost car insurance in Lowell is easy if you know what you’re doing. But Massachusetts consumers can benefit by having an understanding of how insurance companies price insurance differently and use this information to your advantage.

Why your price might be higher

An important part of buying insurance is that you know the factors that help determine your car insurance rates. Knowing what determines base rates helps enable you to make changes that could result in lower car insurance prices.

• Your occupation can affect rates – Did you know your car insurance rates can be affected by your occupation? Occupations like real estate brokers, social workers and financial analysts tend to pay higher average rates in part from high stress levels and long work days. Conversely, occupations such as scientists, engineers and homemakers have the lowest average rates.
• You might want pay the small claims yourself – If you file claims often, you can definitely plan on either policy cancellation or increased premiums. Auto insurance companies in Massachusetts generally give lower rates to insureds who do not file claims often. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.
• Extra add-on coverages are wasting money – There are quite a few additional coverages that you can get tricked into buying when buying car insurance. Insurance for roadside assistance, accidental death and additional equipment coverage are some examples. They may seem good when talking to your agent, but now you might not need them so eliminate the coverages to reduce your premium.
• A clean driving record saves money – A bad driving record has a lot to do with how much you pay for insurance. Even one ticket can bump up the cost by as much as thirty percent. Drivers who don’t get tickets have lower premiums than people who have multiple driving citations. If you have severe violations such as DUI or reckless driving may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.

Comprehensive Car Insurance Comparison in Lowell, MA

Most companies quote prices on the web. Getting online rates is quite simple as you simply enter the amount of coverage you want into the quote form. Once entered, the system orders your credit score and driving record and gives you a price quote determined by many factors.

Online quotes helps simplify price comparisons, but the work required to visit multiple sites and enter the same data into a form is monotonous and tiresome. But it’s absolutely necessary to get many rate quotes if you want to find lower prices.

Isn’t there an easier way to compare rates?

A quicker way to get multiple rate quotes uses one form that analyzes rates from a bunch of companies at once. It saves time, requires much less work on your part, and makes online price comparison much easier to do. As soon as you send your information, your coverage is rated and you are able to buy your choice of the resulting price quotes. If you find a better price you simply finish the application and buy the policy. It takes just a few minutes to complete and you will know how your current rates stack up.

If you want to get comparison pricing now, simply click here to open in new window and submit the form. If you have a policy now, it’s recommended you input the insurance coverages exactly as they are listed on your policy. This way, you will get rate quotes for similar coverage.

Pay less by taking advantage of discounts

Companies offering auto insurance don’t always publicize all their discounts in a way that’s easy to find, so here is a list some of the more common and the more hidden car insurance savings.

• Use Seat Belts – Requiring all passengers to use a seat belt can save 10% or more off your PIP or medical payments premium.
• Anti-theft Discount – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
• E-sign – A handful of insurance companies give back up to $50 for buying a policy and signing up over the internet.
• Multi-car Discount – Insuring more than one vehicle on one policy may reduce the rate for each vehicle.
• Pay Upfront and Save – If you pay your bill all at once instead of paying each month you could save 5% or more.
• Anti-lock Brake System – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.

Drivers should understand that most discounts do not apply to the overall cost of the policy. Some only reduce individual premiums such as collision or personal injury protection. So when it seems like you can get free auto insurance, you’re out of luck.

To choose insurers who offer car insurance discounts in Massachusetts, follow this link.

Even more information is located at the Massachusetts Division of Insurance website. Consumers can find out industry alerts, find out which companies have the most complaints, and read enforcement actions against agents and companies.

More quotes mean more savings

Consumers change insurance companies for a number of reasons such as unfair underwriting practices, extreme rates for teen drivers, lack of trust in their agent or even delays in responding to claim requests. Regardless of your reason, choosing a new insurance company is actually quite simple.

As you restructure your insurance plan, you should never reduce coverage to reduce premium. Too many times, an insured cut liability limits or collision coverage and found out when filing a claim that it was a big error on their part. Your strategy should be to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

Lower-priced car insurance is definitely available on the web and also from your neighborhood Lowell agents, and you should compare price quotes from both in order to have the best chance of saving money. Some car insurance companies may not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.