Scraping up a payment for overpriced car insurance can overdraw your bank account, especially in this economy. Shopping your coverage around is a smart way to help make ends meet.
Because you have many different company options, it is hard for the average consumer to choose the most affordable car insurance company.
You should take the time to shop coverage around yearly due to the fact that insurance rates are variable and change quite frequently. Just because you found the lowest price on your last policy there may be better deals available now. Forget all the misinformation about car insurance because you’re about to learn the easiest way to buy cheaper car insurance.
Low Cost Newark Car Insurance
All major car insurance companies provide coverage prices online. The process doesn’t take much effort as you just type in your coverage information as detailed in the form. When the form is submitted, the system gets your driving record and credit report and generates a price determined by many factors. Online quotes simplifies rate comparisons, but the time required to go to a lot of sites and enter the same data into a form can be a bit tiresome and repetitive. Unfortunately, it is important to perform this step if you are searching for a better rate.
The easy way to compare rates
The easiest way to locate the lowest prices uses one form to return rates from several different companies. It saves time, eliminates form submissions, and makes online shopping much easier. As soon as the form is sent, your coverage is rated and you can choose your choice of the quotes that you receive.
If you find a better price it’s easy to complete the application and buy the new coverage. This process takes 15 minutes at the most and you will find out if you’re overpaying now.
To save time and find out how much you’re overpaying now, click here and submit your coverage information. If you have your current policy handy, we recommend you complete the form with your coverages as shown on your current policy. Using the same limits helps guarantee you are getting comparison quotes for exact coverage.
Don’t overlook these discounts
Insuring your fleet can be pricey, but you can get discounts to help offset the cost. A few discounts will automatically apply when you quote, but a few must be inquired about in order for you to get them.
- Early Switch Discount – Some insurance companies reward drivers for signing up prior to your current policy expiration. It’s a savings of about 10%.
- Military Rewards – Having a deployed family member can result in better rates.
- 55 and Retired – Older drivers may receive a small decrease in premiums.
- Passive Restraints and Air Bags – Vehicles equipped with air bags can receive discounts of 20% or more.
- Memberships – Belonging to certain professional organizations could trigger savings on car insurance.
- Use Seat Belts – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% on the medical payments or PIP coverage costs.
- Paperless Signup – Some insurance companies will give a small break just for signing your application on their website.
- Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education in school.
It’s important to understand that some of the credits will not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will help reduce the cost of coverage.
To see a list of insurance companies who offer car insurance discounts in Ohio, click here to view.
Are insurance agents obsolete?
A small number of people prefer to get advice from a local agent and that is OK! One of the great benefits of price shopping on the web is that you can obtain better rates but still work with a licensed agent. Buying from local businesses is important particularly in Newark.
For easy comparison, once you complete this simple form, your insurance coverage information is transmitted to local insurance agents in Newark who will return price quotes to get your business. There is no reason to leave your computer since price quotes are sent directly to your email. How cool is that?! You’ll get the best rates and a licensed agent to work with.<img class="alignright" style="padding-top:15px" src="https://www.carinsurancediy.com/wp-content/uploads/ci175-85.jpg" alt="Newark car insurance quote” />
Is a captive or independent car insurance agent right for you?
When searching for a good Newark insurance agent, you must know there are a couple different types of agents that differ in how they can insure your vehicles. Agencies in Newark can either be captive or independent (non-captive).
Independent Agencies or Brokers
Independent agents do not work for one specific company so they can insure your vehicles with any number of different companies and possibly get better coverage at lower prices. If you are not satisfied with one company, the agent simply finds a different carrier and you won’t have to switch agencies. When searching for an agent, it’s a good idea to include price quotes from at a minimum one independent agency to ensure the widest selection of prices.
Shown below is a list of independent agents in Newark willing to provide price quotes.
Campbell Agency Inc – 231 Hudson Ave – Newark, OH 43055 – (740) 345-1916
Christina P Neely Insurance – 1248 W Main St – Newark, OH 43055 – (740) 349-8055
C A Riley Insurance – 1287 W Main St – Newark, OH 43055 – (740) 344-2141
Captive Insurance Agents
Captive agencies can only place business with one company and some examples include American Family, State Farm and Allstate. These agents are not able to give you multiple price quotes so always compare other rates. Captives are very knowledgeable on their company’s products which helps them compete with independent agents.
The following is a short list of captive insurance agencies in Newark willing to provide price quotes.
American Family Insurance – 14 E Locust St – Newark, OH 43055 – (740) 349-7048
State Farm Insurance – 974 N 21st St # B1 – Newark, OH 43055 – (740) 366-3395
For a full directory of Newark captive agencies, click here to link.
Picking an insurance agency should depend on more than just the premium amount. Any agent should have no problem answering these questions:
- Did they already check your driving record and credit reports?
- If you have an accident, will your rates go up?
- What is the agency’s Better Business Bureau rating?
- What are the financial ratings for the companies they represent?
- How are they compensated?
After getting positive responses to all your questions in addition to an acceptable price estimate, most likely you have located an insurance agency that meets your needs to properly insure your vehicles.
Will just any policy work for me?
When choosing the best car insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions could help you determine whether your personal situation would benefit from an agent’s advice.
- Do I need roadside assistance coverage?
- What should my uninsured motorist coverage limits be in Ohio?
- Does my policy cover my teen driver if they drive my company car?
- Should I buy only the required Ohio minimum liability coverage?
- What can I do if my company won’t pay a claim?
- Is my custom paint covered by insurance?
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of car insurance companies in your area.
Why your price might be higher
Consumers need to have an understanding of some of the elements that help determine the rates you pay for car insurance. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that will entitle you to big savings.
- Your car’s features help determine rates – Owning a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent car theft.
- Lower miles equals lower premium – The more you drive each year the more you’ll pay to insure your vehicle. Almost all companies charge to insure your cars based on how the vehicle is used. Cars that are left in the garage get more affordable rates than those used for commuting. Verify your car insurance policy shows the correct driver usage.
- Older drivers pay less – More mature drivers are more cautious drivers, tend to cause fewer accidents and receive fewer citations. Teenage drivers are known to be careless and easily distracted when driving and because of this, their car insurance rates are much higher.
- Always keep insurance in force – Driving without insurance is illegal and you will pay a penalty because you let your insurance expire. Not only will you pay more, getting caught without coverage might get you a license revocation or jail time.You may need to prove you have insurance by filing a SR-22 with the Ohio department of motor vehicles.
- Increase deductibles and save – Deductibles for physical damage define the amount you are required to spend in the event of a claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Examples of covered claims are running into the backend of another car, damage caused by hail, and rolling your vehicle. The more money you’re willing to pay, the less your car insurance will be.
- Marriage pays dividends – Being married can get you a discount on your car insurance policy. It is viewed as being more mature and responsible it has been statistically shown that drivers who are married are more cautious.
- Performance influences rates – The performance level of the car you own makes a huge difference in determining your rates. The cheapest insurance rates are usually for low performance passenger cars, but there are many factors that impact the final cost.
Do drivers who switch really save?
Allstate, GEICO and Progressive continually stream television and radio advertisements. All the companies make the same claim that you can save after switching to their company. How does each company claim to save you money? It’s all in the numbers.
All companies have a preferred profile for the driver that makes them money. A good example of a preferred risk could be between 30 and 50, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who fits that profile will get very good rates and most likely will cut their rates substantially.
Potential customers who fall outside this ideal profile will be quoted more money which usually ends up with the customer not buying. Company advertisements say “drivers who switch” not “everyone that quotes” save that much money. This is how companies can truthfully make the claims of big savings.
This emphasizes why you need to quote coverage with many companies. It is impossible to predict which car insurance company will provide you with the cheapest rates.
Smart shoppers get results
We just presented a lot of tips how to lower your car insurance rates. It’s most important to understand that the more quotes you get, the better your comparison will be. Drivers may discover the biggest savings come from a smaller regional carrier. These smaller insurers may cover specific market segments cheaper as compared to the big name companies such as Progressive or GEICO.
The cheapest car insurance is definitely available both online in addition to many Newark insurance agents, so you should be comparing quotes from both to have the best selection. Some insurance companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.
Much more information about car insurance in Ohio is located on the website for the Ohio Department of Insurance found here. Ohio drivers can view a list of available companies, file complaints about an insurance agent or broker, find out industry alerts, and read state legal mandates and laws.
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