Is Your Revere, MA Auto Insurance Too High? Save with These Tips

Purchasing the lowest cost Revere auto insurance online can be intimidating for beginners to online price comaprisons. With such a large number of insurance companies available, how can anyone even start to compare every one to find the lowest rates?

Consumers need to check auto insurance prices yearly because prices are usually higher with each renewal. Just because you found the lowest price a couple years back you can probably find a lower rate today. Starting right now, forget anything you know (or think you know) about auto insurance because it’s time to teach you the best methods to properly buy coverages and cut your premium.

Take discounts and save

Companies that sell car insurance do not advertise every available discount very well, so we took the time to find some of the best known and the harder-to-find discounts you could be receiving.

  • Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • Safety Course Discount – Successfully completing a course in driver safety can save you 5% or more depending on where you live.
  • Bundle and Save – If you insure your home and vehicles with one company you could get a discount of approximately 10% to 15%.
  • Drive Less and Save – Driving fewer miles could be rewarded with lower rates on the low mileage vehicles.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts could cut 10% or more off the personal injury premium cost.
  • Homeowners Pay Less – Owning a house in Revere may earn you a small savings because owning a home requires personal responsibility.
  • Discount for Good Grades – This discount can get you a discount of up to 25%. The discount lasts up until you turn 25.
  • Anti-theft Discount – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in high school.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. Some only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like you can get free auto insurance, it just doesn’t work that way.

Factors that affect insurance rates

An important part of buying insurance is that you know some of the elements that help determine the price you pay for auto insurance. Understanding what influences your rates empowers consumers to make smart changes that can help you get lower auto insurance prices.

  • Older drivers save more – Teen drivers in Massachusetts have a tendency to be more careless in a vehicle so they pay higher auto insurance rates. Mature drivers are viewed as being more responsible, statistically cause fewer accidents and are safer drivers.
  • Women pay lower rates – The statistics show that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. They both tend to get into accidents in similar percentages, but the males have costlier accidents. They also get cited for more serious violations such as DWI and reckless driving. Male drivers age 16 to 19 are the most expensive to insure and are penalized with high auto insurance rates.
  • High crash test scores lower rates – Safer cars can get you lower premiums. Safer cars protect occupants better and lower injury rates means lower claim amounts and more competitive rates for policyholders.
  • Where you live – Living in a small town can be a good thing when insuring your vehicles. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims. Urban drivers regularly have much more traffic to deal with and much longer commute distances. Higher commute times means more change of being in an accident.
  • Being married is a good thing – Having a spouse can actually save you money when buying auto insurance. Marriage is viewed as being more responsible it has been statistically shown that married couples file fewer claims.
  • Cautious drivers pay less – Your driving record has a huge affect on how much you pay. Careful drivers get better rates than their less careful counterparts. Even one ticket can boost insurance rates by twenty percent. Drivers who get dangerous violations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form to the state department of motor vehicles in order to prevent a license revocation.
  • More claims means more premium – If you frequently file small claims, you can definitely plan on either a policy non-renewal or much higher rates. Companies in Massachusetts provide better rates to insureds who file claims infrequently. Auto insurance is intended for major claims that would cause financial hardship.
  • Your credit rating is important – Credit history is a huge factor in your rate calculation. If your credit score is not that good, you could potentially save money when insuring your by improving your credit score. People with high credit ratings tend to be more responsible than those with lower credit scores.

Which policy gives me the best coverage?

When buying adequate coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique.

For example, these questions may help highlight if your situation may require specific advice.

  • Do all my vehicles need collision coverage?
  • Is business property covered if stolen from my car?
  • When would I need additional glass coverage?
  • Why am I required to get a high-risk car insurance policy?
  • How much liability coverage do I need in Massachusetts?
  • When should my teen driver be added to my policy?
  • Are all vehicle passengers covered by medical payments coverage?
  • What is the difference between comprehensive and collision coverage?
  • Does having multiple vehicles earn me a discount?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, take a second and complete this form.

But buying car insurance online seems impersonal

Some people prefer to buy from a licensed agent and there is nothing wrong with that. One of the great benefits of comparing rates online is you may find lower rates but also keep your business local.

To find an agent, once you fill out this form (opens in new window), the coverage information is emailed to insurance agents in Revere who will return price quotes for your insurance coverage. You won’t need to leave your computer since price quotes are sent to the email address you provide. It doesn’t get any easier! You can find better rates and an insurance agent to talk to.

Selecting an insurance company requires more thought than just the bottom line cost. These questions are important to ask:

  • Is the agent and/or agency licensed to do business in Massachusetts?
  • How many years of experience in personal lines insurance coverages do they have?
  • Do they feel the quoted coverages are adequate?
  • Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
  • Do they review policy coverages at every renewal?
  • What are the financial ratings for the companies they represent?
  • Are glass claims handled on-site or do you have to take your vehicle to a repair shop?

Types of insurance agents

When researching a local agent, there are a couple of different types of agents that differ in how they can insure your vehicles. Agents are categorized either captive or independent (non-captive).

Captive Insurance Agents

This type of agents can only write with one company and some examples include State Farm or Allstate. These agents are not able to place coverage with different providers so they have to upsell other benefits. They are trained well on the products they sell which can be an advantage. Consumers often choose to use a captive agent partially due to the prominence of the brand and strong financial ratings.

Independent Agents

Independent agents are not employed by any specific company but instead can place your coverage with multiple insurance companies depending on which coverage is best. If your agent finds better pricing, the business is moved internally and that require little work on your part. When searching for an agent, you should always contact several independent insurance agents to get the best comparison. They often place coverage with different regional companies which can be an advantage.

Below is a short list of independent agents in Revere that are able to give price quote information.

  • Hill Insurance – 375 Broadway – Revere, MA 02151 – (781) 289-4430
  • Bocchino Insurance – 760 Broadway # B – Revere, MA 02151 – (781) 289-2233

For a complete listing of licensed insurance agents in Revere, visit this site.

Once you have received answers to your satisfaction to these questions as well as a affordable price, most likely you have located an insurance agency that will service your policy.

Car insurance in Massachusetts

More tips and info about auto insurance can be found at the Massachusetts Division of Insurance website. Massachusetts drivers can find out industry alerts, learn about specific coverages, read consumer alerts, and read industry bulletins.

Shop smart and save

Low-cost auto insurance is possible from both online companies in addition to many Revere insurance agents, and you should compare price quotes from both to have the best selection. Some insurance companies do not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

When shopping online for auto insurance, do not buy poor coverage just to save money. There are a lot of situations where an insured dropped liability coverage limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage for the lowest price.

People switch companies for any number of reasons including not issuing a premium refund, policy cancellation, policy non-renewal or even lack of trust in their agent. Whatever your reason, switching companies is actually quite simple.