Have you fallen victim to an overpriced auto insurance policy? Believe me when I say there are lots of people in the same boat. Many car insurance companies compete for your business, and it can be difficult to compare rates to discover the definitive best rate
It’s a great practice to compare rates once or twice a year since rates trend upward over time. Even if you think you had the best deal two years ago you can probably find a better price now. So forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in the right way to properly buy coverages and cut your premium.
How to Buy Newnan Auto Insurance Online
Cutting your Newnan auto insurance rates doesn’t have to be difficult. You just have to take time to compare quotes online from several insurance companies. It is quite easy and can be accomplished in a couple of different ways.
- The single most time-saving way consumers can analyze rates would be an industry-wide quote request form click here to open form in new window. This type of form prevents you from having to do repetitive form submissions for each company. Completing one form will get you price quotes direct from many companies.
- A more time consuming way to compare prices is to manually visit each company’s website and fill out their own quote form. For instance, let’s say you want rates from Farmers, Liberty Mutual and State Farm. To get each rate you have to take the time to go to each site and enter your information, which is why the first method is more popular. For a list of links to insurance companies in Newnan, click here.
Which method you use is up to you, but compare the exact same coverages and limits for each comparison quote. If your comparisons have different limits and deductibles on each one it will be very difficult to decipher which rate is best in Newnan.
Don’t miss these discounts
Insuring your fleet can be pricey, but you can get discounts to cut the cost considerably. Some discounts apply automatically when you get a quote, but a few must be asked about prior to receiving the credit. If you don’t get every credit you deserve, you are throwing money away.
- Safe Driver Discount – Safe drivers may receive a discount up to 45% less than their less cautious counterparts.
- Discount for Swiching Early – Some companies give discounts for switching to them prior to your current policy expiring. The savings is around 10%.
- Paperless Signup – A handful of insurance companies give back up to $50 simply for signing over the internet.
- Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and earn discounts up to 10%.
- Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
- Service Members Pay Less – Having a deployed family member can result in better rates.
- Safety Course Discount – Successfully completing a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
- Federal Government Employee – Active or retired federal employment can earn a discount up to 10% depending on your company.
Consumers should know that most discount credits are not given to the entire policy premium. A few only apply to the price of certain insurance coverages like comp or med pay. Just because you may think it’s possible to get free car insurance, you’re out of luck. But all discounts will reduce your overall premium however.
To see a list of providers with discount auto insurance rates in Newnan, follow this link.
When might I need help?
When buying adequate coverage, there really is not a best way to insure your cars. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions can aid in determining whether you might need professional guidance.
- Should I file a claim if it’s only slightly more than my deductible?
- What is covered by UM/UIM coverage?
- Do I need special endorsements for business use of my vehicle?
- Does coverage extend to a rental car in a foreign country?
- Is borrowed equipment or tools covered if stolen or damaged?
- Should I sign the liability waiver when renting a car?
- Does my car insurance cover rental cars?
- What is high-risk coverage and where do I buy it?
If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
How to Lower your Auto Insurance Rates
It’s important that you understand the rating factors that come into play when calculating your auto insurance rates. Understanding what influences your rates enables informed choices that will entitle you to lower auto insurance prices.
The list below includes some of the factors auto insurance companies consider when setting prices.
- How many coverages with the same company – Most companies give discounts to customers who carry more than one policy such as combining an auto and homeowners policy. Discounts can add up to anywhere from five to ten percent in most cases. If you currently are using one company, you may still want to comparison shop to confirm you are receiving the best rates possible.
- Where you live – Being located in small towns and rural areas can save you money when buying auto insurance. Drivers who live in large cities tend to have traffic congestion and much longer commute distances. Fewer drivers translates into fewer accidents as well as less vandalism and auto theft.
- Don’t cancel a policy without a new one in place – Allowing your coverage to lapse will be a fast way to trigger a rate increase. Not only will rates go up, but not being able to provide proof of insurance can result in a revoked license or a big fine.You may then be required to submit proof of financial responsibility or a SR-22 with the Georgia motor vehicle department.
- Cautious drivers pay less – Drivers who don’t get tickets have lower premiums than bad drivers. Even a single ticket can bump up the cost by as much as thirty percent. Drivers who get serious violations such as DUI or reckless driving may be required to submit a SR-22 form with their state motor vehicle department in order to continue driving.
- Better credit means lower rates – Having a bad credit rating is a huge factor in your rate calculation. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower credit ratings. If your credit can use some improvement, you could pay less to insure your by improving your credit score.
- Protect your assets with liability insurance – Your policy’s liability coverage provides coverage if you are found to be at fault for personal injury or accident damage. Liability insurance provides you with a defense in court up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not skimp.
- Drive a safer car and pay less – Cars with high safety ratings are cheaper to insure. The safest vehicles have better occupant injury protection and lower injury rates means lower claim amounts passed on to you as lower rates.
- Is your vehicle built for speed? – The performance of the car you own makes a huge difference in how high your rates are. The most favorable rates are generally reserved for lower performance four cylinder passenger models, but the final cost of insurance is determined by many other factors.
Affordable insurance is out there
Throughout this article, we presented a lot of information how to lower your auto insurance rates. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the lowest rates come from an unexpected company. These companies can often insure niche markets at a lower cost compared to the large companies like Allstate and Progressive.
Budget-conscious auto insurance can be sourced on the web and also from your neighborhood Newnan agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance providers may not provide online price quotes and most of the time these small, regional companies sell through independent agents.
For more Georgia auto insurance information
More information can be found on the website for the Georgia Insurance and Safety Fire Commissioner. Click here for link. Consumers can file complaints about an insurance agent or broker, read consumer alerts, discover disciplinary actions, and get help finding coverage.