Feel like you’re a prisoner to overpriced auto insurance? Believe me, there are many people just like you. With so many insurance companies to choose from, it can be diffult for consumers to pick the most affordable provider.
Smart consumers take time to compare rates quite often because rates tend to go up over time. If you had the lowest price a few years ago there is a good chance you can find better rates now. Starting right now, ignore everything you know about auto insurance because it’s time to teach you the proper way to find better rates and still maintain coverage.
Finding the best rates in Mandeville is not that difficult. If you have insurance now or need new coverage, you can follow these tips to find the best rates while maintaining coverages. Louisiana consumers only need an understanding of the proper methods to get comparison rates online.
Do you qualify for a discount?
Auto insurance companies don’t always advertise every discount in a way that’s easy to find, so we took the time to find both well-publicized and the more hidden auto insurance savings. If you aren’t receiving every discount available, you’re paying more than you need to.
- Resident Student – Youth drivers who are attending college and do not have a car can be insured at a reduced rate.
- Auto/Life Discount – Companies who offer life insurance give a break if you buy a life insurance policy as well.
- Accident Waiver – A few companies will forgive one accident before your rates go up if your claims history is clear for a set time period.
- Use Seat Belts – Drivers who require all occupants to buckle their seat belts could save 15% off the personal injury premium cost.
- Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts of more than 20%.
- Early Switch Discount – Some insurance companies reward drivers for switching to them prior to your current policy expiring. It’s a savings of about 10%.
Drivers should understand that some of the credits will not apply to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, auto insurance companies aren’t that generous.
For a list of insurers with discount auto insurance rates in Louisiana, click here.
What coverages do I need?
When choosing the right insurance coverage, there really is not a “best” method to buy coverage. Each situation is unique so this has to be addressed. For instance, these questions may help highlight whether your personal situation might need professional guidance.
- Is there coverage for injuries to my pets?
- Can I drive in Mexico and have coverage?
- Is business equipment covered while in my vehicle?
- Does my vehicle qualify for pleasure use?
- Am I covered when driving on a suspended license?
- Who is covered by my policy?
If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.
How can State Farm, Geico and Progressive save drivers who switch?
Louisiana drivers get pounded daily by advertisements that promise big savings from companies such as State Farm, Geico and Progressive. All the ads have a common claim that you can save if you move your policy.
How does each company say the same thing? It’s all in the numbers.
All the different companies can use profiling for the type of customer that makes them money. For instance, a profitable customer could possibly be a mature driver, has no driving citations, and has great credit. Any driver who matches those parameters is entitled to the best price and is almost guaranteed to pay quite a bit less when switching companies.
Consumers who don’t meet this ideal profile will be charged higher rates which leads to the customer not buying. Company advertisements say “drivers who switch” not “everyone that quotes” save that much. That is how companies can advertise the way they do. That is why drivers should get a wide range of price quotes. It is impossible to predict which insurance companies will provide you with the cheapest rates.
Even more information can be found at the Louisiana Department of Insurance website. Consumers can learn about insurance regulations, find out which companies have the most complaints, find disaster information, and learn about specific coverages.
A little work can save a LOT of money
When trying to cut insurance costs, you should never skimp on coverage in order to save money. In many instances, consumers will sacrifice liability limits or collision coverage only to find out that the savings was not a smart move. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.
The cheapest auto insurance can be sourced online and with local Mandeville insurance agents, so you should compare both to have the best chance of lowering rates. Some insurance providers do not offer the ability to get a quote online and these small insurance companies work with independent agents.