New Strategies for Spending Less for on Pine Bluff Auto Insurance

No one cherishes buying auto insurance, especially when the cost is too high. Many car insurance companies vie for your insurance dollar, so it can be very hard to choose a company and get the definite lowest rate possible.

Consumers need to compare prices occasionally since insurance rates are usually higher with each renewal. Just because you had the best price a year ago you can probably find a better price now. Ignore everything you know about auto insurance because we’re going to demonstrate the only way to get good coverage at a lower rate.

If you have a policy now or are just looking to switch companies, you can use these techniques to shop for the lowest rates and possibly find even better coverage. Choosing the best insurance company for you in Pine Bluff is not that difficult. Arkansas consumers just need to learn the tricks to compare prices online.

These discounts can slash auto insurance rates

The price of auto insurance can be rather high, but there could be available discounts to help offset the cost. Certain discounts will be triggered automatically when you quote, but a few need to be manually applied before you get the savings. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

• Anti-lock Brake System – Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
• Multi-policy Discount – If you have multiple policies with one company you will save up to 20% off your total premium.
• Accident Forgiveness – Certain companies allow you one accident before your rates go up as long as you don’t have any claims for a set time period.
• Senior Citizens – Mature drivers can possibly qualify for reduced rates.
• Military Rewards – Being on active duty in the military could be rewarded with lower premiums.
• Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.

Consumers should know that some of the credits will not apply to the entire cost. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates having all the discounts means you get insurance for free, it doesn’t quite work that way. But any discount will bring down the cost of coverage.

Can you really save that much by switching?

Consumers in Arkansas can’t ignore all the ads for cheaper car insurance by 21st Century, Allstate and State Farm. All the ads make an identical promise of big savings if you change to their company.

How can each company claim to save you money?

Different companies can use profiling for the type of customer they prefer to insure. For instance, a profitable customer might be profiled as a mature driver, is a homeowner, and has a high credit rating. A driver who meets those qualifications is entitled to the best price and as a result will probably save quite a bit of money when switching.

Consumers who are not a match for this ideal profile will be charged a higher premium and this can result in business going elsewhere. The ads state “customers who switch” not “everybody who quotes” save that much money. That is how companies can truthfully make those claims.

That is why drivers must get as many comparisons as possible. It is impossible to predict which auto insurance company will have the lowest rates.

Additional information is located on the website for the Arkansas Insurance Department found here. Arkansas drivers can view a list of available companies, report car insurance fraud, and download brochures.

Additional helpful sites include this link for Arkansas auto insurance quotes and this resource to find Pine Bluff, AR insurance agents.

Shop smart and save

You just read many ways to compare auto insurance prices online. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding lower rates. Drivers may discover the lowest rates come from a lesser-known regional company. Regional companies may cover specific market segments cheaper compared to the large companies like Allstate and Progressive.

When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. In many cases, someone dropped uninsured motorist or liability limits and found out when filing a claim that it was a big error on their part. Your goal should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.