Is Your Smyrna, DE Car Insurance Too High? Here is How to Save Money

Buying cheap Smyrna car insurance over the internet may be rather challenging for beginners to online price comaprisons. When there are so many insurance companies available, how can consumers possibly compare every one to find the best available price?

Discounts are basically free money

Car insurance companies don’t necessarily list all their discounts in an easy-to-find place, so we researched both the well known and the more hidden ways to save on car insurance. If they aren’t giving you every credit possible, you’re just leaving money on the table.

• Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less than drivers with accident claims.
• Save with a New Car – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.
• No Accidents – Claim-free drivers pay less compared to drivers who are more careless.
• Government Employees – Employees or retirees of the government could cut as much as 10% off with a few car insurance companies.
• Accident Forgiveness – A handful of insurance companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.
• Life Insurance – Larger companies have better rates if you take out life insurance.
• Military Rewards – Being on active duty in the military can result in better rates.
• Clubs and Organizations – Participating in certain professional organizations is a good way to get lower rates on car insurance.
• Bundle and Save – If you insure your home and vehicles with the same company you could get a discount of 10% to 20% off each policy.
• Driver Safety – Taking part in a course in driver safety could cut 5% off your bill depending on where you live.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. Some only reduce specific coverage prices like comp or med pay. Even though it may seem like adding up those discounts means a free policy, you’re out of luck.

For a list of insurance companies with the best car insurance discounts in Smyrna, follow this link.

Beware of misleading car insurance ads

Delaware consumers can’t ignore all the ads for cheaper car insurance by companies like State Farm, GEICO and Progressive. All the companies say the same thing about savings after switching to them.

How does each company make almost identical claims? This is how they do it.

All companies have a certain “appetite” for the type of driver they prefer to insure. For instance, a desirable insured might be between the ages of 30 and 50, has no driving citations, and has great credit. Any driver that hits that “sweet spot” will get the preferred rates and as a result will probably pay quite a bit less when switching companies.

Consumers who do not match this ideal profile must pay more money and ends up with business going elsewhere. The ads state “drivers who switch” not “everybody who quotes” save that much money. That is how companies can truthfully state the savings. This illustrates why you absolutely need to get as many quotes as possible. It’s not possible to predict which car insurance company will provide you with the cheapest rates.

More tips and info about car insurance is located at the Delaware Department of Insurance website. Consumers can view a list of available companies, read consumer alerts, and learn about specific coverages.

Cheaper insurance is a realistic goal

When trying to cut insurance costs, you should never reduce coverage to reduce premium. There are too many instances where consumers will sacrifice uninsured motorist or liability limits only to regret they didn’t purchase enough coverage. The ultimate goal is to buy a smart amount of coverage at the best price, not the least amount of coverage.

You just learned some good ideas how you can compare car insurance prices online. The key thing to remember is the more companies you get rates for, the better your chances of lowering your rates. Consumers could even find that the lowest premiums are with the least-expected company.

Insureds switch companies for many reasons like delays in paying claims, extreme rates for teen drivers, not issuing a premium refund or even delays in responding to claim requests. It doesn’t matter what your reason, finding the right car insurance provider can be less work than you think.