Learn How to Pay Less for Coventry, RI Auto Insurance

Finding the lowest price for Coventry auto insurance can seem like an uphill battle if you’ve never compared quoting online. But don’t let that discourage you because we’re going to show you how.

It’s a great practice to compare rates quite often because rates are variable and change quite frequently. Just because you found the lowest price two years ago you will most likely find a better rate today. So just ignore everything you know about auto insurance because it’s time to teach you one of the quickest ways to find better rates and still maintain coverage.

Buying car insurance in Coventry is not rocket science. If you currently have car insurance, you will be able to save some money using this strategy. But Rhode Island vehicle owners can benefit from knowing the way insurance companies determine prices and apply this information to your search.

How to Compare Coventry Auto Insurance Costs

All the larger auto insurance companies such as State Farm, Allstate and GEICO quote prices for coverage online. Getting online rates doesn’t take a lot of time as you just enter as requested by the quote form. Upon sending the form, the system collects your driving record and credit report and generates a price based on these and other factors.

This makes it a lot easier to compare rates but the time required to go to several different sites and type in the same information can get tiresome after awhile. But it’s very important to perform this step if you are searching for better prices.

The quickest way to find lower prices uses one form to obtain quotes from several companies at one time. This type of form saves time, eliminates form submissions, and makes rate comparisons a lot less work. After your information is entered, it is rated with multiple companies and you can pick any one of the price quotes you receive. If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. The whole process takes less than 15 minutes and may result in a nice savings.

In order to compare rates now, click here to open in a new tab and submit your coverage information. If you have coverage now, it’s recommended you copy coverages and limits as shown on your current policy. Doing this guarantees you will be getting an apples-to-apples comparison for the exact same coverage.

Take advantage of discounts

Companies that sell car insurance do not list every available discount very well, so we researched some of the best known and also the lesser-known discounts you could be receiving.

  • Homeowners Savings – Being a homeowner can help you save on auto insurance due to the fact that maintaining a home demonstrates responsibility.
  • Paperless Signup – Certain companies will give a small break for buying your policy on their website.
  • Organization Discounts – Being a member of certain professional organizations may earn a discount when buying auto insurance.
  • Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Government Employees – Simply working for the federal government can save as much as 8% depending on your company.
  • Seat Belts Save – Drivers who require all occupants to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Multi-policy Discount – If you insure your home and vehicles with the same company you will save 10% to 20% off each policy.
  • Theft Prevention Discount – Anti-theft and alarm systems help deter theft and will save you 10% or more.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Some only apply to specific coverage prices like comp or med pay. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way.

For a list of providers offering auto insurance discounts in Rhode Island, click here to view.

Even more information can be read at the Rhode Island Division of Insurance Regulation website. Rhode Island consumers can learn about specific coverages, read state legal mandates and laws, read enforcement actions against agents and companies, and file complaints about an insurance agent or broker.