Proven Ways for Finding Cheap Horn Lake, MS Auto Insurance

Nobody I know looks forward to paying for auto insurance, in particular when the cost is too high.

There are many insurance companies to choose from, and although it’s nice to have a choice, lots of choices makes it harder to find the best rates for your vehicles.

It’s a good habit to price shop coverage on a regular basis due to the fact that insurance rates change frequently. Even if you got the best rates two years ago you will most likely find a better rate today. So just forget all the misinformation about auto insurance because it’s time to teach you the fastest and easiest way to find better rates and still maintain coverage.

Buying car insurance in Horn Lake is not rocket science. Essentially anyone who is shopping for auto insurance most likely will be able to find lower rates. But Mississippi car owners do need to know the way companies sell insurance online and apply this information to your search.

How to Compare Auto Insurance Costs in Horn Lake, Mississippi

There are several ways of comparing price quotes from local in Horn Lake, Mississippiauto insurance companies. The best method to compare insurance prices is simply to get online rate quotes. This is very easy and can be done using a couple different methods.

Probably the best way consumers can analyze rates is to use a rate comparison form click here to open form in new window. This form prevents you from having to do boring form submissions for each company. A single, simple form compares rates direct from many companies.

A more difficult way to obtain and compare quotes online requires a trip to each company’s website to complete their respective quote request forms. For instance, we’ll pretend you want to compare rates from GEICO, Safeco and Farmers. To get each rate you have to visit each site to input your insurance information, which is why the first method is more popular.

For a list of links to companies insuring cars in Horn Lake, click here.

Which method you use is up to you, but double check that you are using the exact same coverages with each company. If you compare different limits and deductibles on each one it will be next to impossible to determine the lowest rate in Horn Lake. Just a small difference in coverage limits may result in large price differences. And when price shopping your coverage, having more price comparisons helps locate lower pricing.

Don’t overlook these discounts

Auto insurance companies don’t always list all their discounts very well, so we break down both the well known as well as the least known ways to save on auto insurance.

• Memberships – Being a member of a qualifying organization could trigger savings on your policy.
• Sign Early and Save – Select companies give a discount for switching to them prior to your current policy expiring. It can save you around 10%.
• Accident Waiver – A handful of insurance companies will forgive one accident before your rates go up so long as you haven’t had any claims for a certain period of time.
• Employee of Federal Government – Active or retired federal employment can save as much as 8% with certain companies.
• Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
• Homeowners Savings – Owning a house in Horn Lake can help you save on auto insurance due to the fact that maintaining a home demonstrates responsibility.
• Payment Method – If you pay your bill all at once rather than paying monthly you could save up to 5%.
• Senior Citizens – Mature drivers may qualify for better auto insurance rates.
• Life Insurance – Larger companies have lower rates if you buy life insurance from them.
• New Car Discount – Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.

As a disclaimer on discounts, some credits don’t apply to your bottom line cost. Most cut the price of certain insurance coverages like comp or med pay. So when it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

To choose insurers with discount auto insurance rates in Mississippi, click this link.

Rate influencing factors

Consumers need to have an understanding of some of the elements that go into determining your auto insurance rates. Understanding what determines base rates allows you to make educated decisions that could result in big savings.

• Credit scores impact auto insurance rates – Having a bad credit score is a large factor in determining your rates. Consumers who have high credit scores tend to be less risk to insure than drivers with lower credit ratings. Therefore, if your credit score is low, you could pay less to insure your by improving your credit score.
• Keep rates low by being claim-free – If you tend to file frequent claims, you can definitely plan on either policy cancellation or increased premiums. Car insurance companies in Mississippi provide cheaper rates to people 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.
• Drive a safer car and pay less – Vehicles with high crash test scores get lower rates. The safest vehicles result in less severe injuries and better occupant protection means lower claim amounts passed on to you as lower rates.
• High performance equals high price – The make and model of the vehicle you are buying insurance for makes a significant difference in how high your rates are. Economy passenger cars receive the most favorable rates, but the cost you end up paying is determined by many additional factors.
• Mature drivers pay less – Older insureds are more cautious drivers, tend to file fewer claims and receive fewer citations. Teen drivers are statistically proven to get distracted easily when behind the wheel therefore auto insurance rates are much higher.
• What are your deductibles? – The deductibles represent how much money you are required to spend in the event of a claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Examples of covered claims would be colliding with a building, damage caused by hail, or theft. The more money you’re willing to pay, the less your auto insurance will be.
• Being married is a good thing – Getting married helps lower the price on your policy. Having a spouse translates into being more responsible and it’s statistically proven that married couples file fewer claims.

Is my situation unique?

When choosing coverage for your vehicles, there really is not a cookie cutter policy. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.

• Am I getting all the discounts available?
• When should my teen driver be added to my policy?
• At what point should I drop full coverage?
• Do I need PIP (personal injury protection) coverage in Mississippi?
• Is my cargo covered for damage or theft?
• Do I have any recourse if my insurance company denies a claim?
• Do I need motorclub coverage?
• Is my teen driver covered when they drive my company car?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

More tips and info about auto insurance can be read at the Mississippi Insurance Department website. Mississippi drivers can get help finding coverage, discover disciplinary actions, and file complaints about a company.

Additional helpful sites include FindNewCarInsurance.com and this list of insurance agents in Horn Lake, MS.

Affordable insurance is out there

Low-cost auto insurance can be found both online and also from your neighborhood Horn Lake agents, so you should compare both in order to have the best price selection to choose from. Some insurance companies may not provide the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

When trying to cut insurance costs, do not skimp on critical coverages to save a buck or two. In too many instances, drivers have reduced physical damage coverage and found out when filing a claim they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage at a price you can afford while still protecting your assets.