Is Your Winooski Vermont Auto Insurance Too High? Start Saving Today

Finding better rates for Winooski auto insurance is nearly impossible for consumers not familiar with comparing rates online. You have so many companies to choose from that it can quickly become a real hassle to find the best price in Winooski.

Consumers should take time to do rate comparisons every six months because insurance rates change frequently. Just because you found the best deal on your last policy a different company probably has better rates today. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to how to use online quotes to save money, get proper deductibles and limits, all at the lowest rate.

Don’t overlook these discounts

Insurance can be prohibitively expensive, but you may find discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time of purchase, but a few need to be specifically requested in order for you to get them.

  • Military Rewards – Having a deployed family member could mean lower rates.
  • Federal Employees – Active or retired federal employment can save as much as 8% depending on your company.
  • Bundle and Save – If you have multiple policies with one company you will save up to 20% off your total premium.
  • Defensive Driving Course – Successfully completing a driver safety course could save 5% or more if you qualify.
  • Clubs and Organizations – Belonging to certain professional organizations could qualify you for a break on your policy.
  • Good Student Discount – A discount for being a good student can save 20 to 25%. This discount can apply until age 25.
  • Save with a New Car – Insuring a new car can cost up to 25% less compared to insuring an older model.
  • Claim Free – Good drivers with no accidents pay much less when compared to frequent claim filers.
  • Early Switch Discount – A few companies offer discounts for signing up before your current policy expires. It’s a savings of about 10%.
  • Seat Belt Usage – Drivers who require all occupants to use their safety belts can save up to 15% off your PIP or medical payments premium.

It’s important to note that most of the big mark downs will not be given to all coverage premiums. Most only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like all the discounts add up to a free policy, you won’t be that lucky. But all discounts will cut your overall premium however.

To see a list of companies who offer auto insurance discounts in Winooski, click this link.

When might I need help?

When buying coverage, there really is not a “perfect” insurance plan. Each situation is unique.

For instance, these questions can help discover if your situation may require specific advice.

  • Is there coverage for injuries to my pets?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Do all my vehicles need collision coverage?
  • At what point should I drop full coverage?
  • Can I afford to buy a different vehicle if my vehicle is totaled?
  • Am I getting all the discounts available?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form.

But don’t I need an insurance agent?

A small number of people would rather talk to a local agent and that is just fine! The biggest benefit of getting online price quotes is you may find the best rates and still choose a local agent. Supporting local insurance agencies is definitely important in Winooski.

To make it easy to find an agent, after completing this simple form, your coverage information gets sent to companies in Winooski who will return price quotes for your business. You never need to visit any agencies as quotes are delivered directly to your email. Now that’s easy! You’ll get the best rates AND a local agent.<img class="alignright" style="padding-top:15px;" src="https://www.carinsurancediy.com/wp-content/uploads/ci175-86.jpg" alt="Winooski insurance quotes“/>

Different types of auto insurance agents in Winooski

When researching a reputable insurance agent or broker, there are two types of agencies that differ in how they can insure your vehicles. Winooski agents are categorized either captive or independent.

Independent Agents (or Brokers)

Independent agencies are not employed by any specific company so they can insure your vehicles with any number of different companies depending on which coverage is best. To transfer your coverage to a different company, they simply move the coverage in-house and you don’t have to find a new agent. When comparison shopping, it’s recommended you contact at least one independent agent for the best price selection.Many can place coverage with different regional companies which can be an advantage.

The following are independent insurance agents in Winooski willing to provide price quotes.

Captive Insurance Agents

Captive agencies can only place business with one company and examples are State Farm, AAA and Liberty Mutual. These agents are not able to compare other company’s rates so it’s a take it or leave it situation. Captives are well schooled on the products they sell and that can be a competitive advantage. Some consumers prefer to purchase coverage from captives primarily because of the brand legacy and the convenience of having all coverages with one company.

Choosing an insurance agency needs to be determined by more than just the bottom line cost. Here are some questions to ask:

  • Are they able to influence company decisions when a claim is filed?
  • Do they review policy coverages at every renewal?
  • How are claims handled?
  • Is vehicle damage repaired with OEM or aftermarket parts?
  • Which company do they place the most coverage with?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?

Once you have received acceptable answers to your questions in addition to an acceptable price estimate, you have narrowed it down to a car insurance agent that is a good match to service your policy.

Advertising myths

GEICO, State Farm and Progressive consistently run ads in print and on television. All the companies say the same thing of big savings if you change your coverage to them. How do they all make almost identical claims?

All the different companies have a preferred profile for the type of customer that makes them money. A good example of a profitable customer might be between 25 and 40, owns a home, and has a high credit rating. Any driver who matches those parameters gets the lowest rates and is almost guaranteed to save when switching.

Consumers who fall outside the “perfect” profile must pay higher rates and ends up with business not being written. The ads say “people who switch” not “everyone that quotes” save that much. That is how insurance companies can confidently state the savings.

Winooski insurance ad

This illustrates why you need to get quotes from several different companies. It’s just too difficult to predict which insurance companies will fit your personal profile best.

More information is located on the Vermont Department of Financial Regulation website through this link. Visitors are able to read industry bulletins, find disaster information, view agent and company licensing information, and find a variety of consumer forms.

Smart consumers save more

Cost effective auto insurance is available online as well as from independent agents in Winooski, and you should be comparing both in order to have the best chance of saving money. Some insurance companies don’t offer online price quotes and most of the time these small insurance companies sell through independent agents.

Consumers leave their current company for many reasons like high prices, poor customer service, questionable increases in premium or even denial of a claim. No matter why you want to switch, finding the right auto insurance provider is pretty simple and you could end up saving a buck or two.

When buying insurance coverage, do not buy lower coverage limits just to save a few bucks. In many cases, an insured dropped liability coverage limits only to regret that the small savings ended up costing them much more. The aim is to purchase plenty of coverage for the lowest price while still protecting your assets.