Are you sick and tired of not being able to scrape enough together each month for auto insurance? You have the same problem as many other North Carolina drivers. Insurance companies such as Progressive, GEICO and Farmers Insurance constantly blast consumers with TV and radio ads and it is difficult to separate fact from fiction and take the time to shop coverage around.
Consumers need to quote other rates once or twice a year due to the fact that insurance rates go up and down regularly. If you had the lowest rate a year ago other companies may now be cheaper. Don’t believe everything you read about auto insurance online, but in just a couple of minutes you can learn the best ways to lower your auto insurance bill.
If you have car insurance now, you will most likely be able to lower your premiums substantially using this strategy. Finding affordable coverage in Asheboro is not rocket science. Nevertheless, North Carolina car owners can benefit from knowing how insurance companies market on the web and take advantage of how the system works.
Asheboro auto insurance costs are influenced by these factors
Consumers need to have an understanding of some of the things that are used to determine the price you pay for auto insurance. When you know what positively or negatively controls the rates you pay, this enables you to make decisions that could help you find lower rates.
- When should you file a claims? – Auto insurance companies in North Carolina award cheaper rates to drivers that do not abuse their auto insurance. If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Your car insurance is meant to be used in the event of more catestrophic claims.
- More policies can equal more savings – Some auto insurance companies will give lower prices to clients who buy several policies from them, otherwise known as a multi-policy discount. Even if you’re getting this discount drivers will still want to compare other insurance prices to help ensure you have the lowest rates.
- Is your vehicle theft-ready? – Driving a car with a theft deterrent system can save you a little every year. Anti-theft devices such as OnStar, LoJack tracking, and tamper alarms all hinder your car from being stolen.
- Lower coverage deductibles cost more – Coverage for physical damage, aka comp and collision, covers your vehicle from damage. Some examples of claims that would be covered are colliding with a building, hail damage, and having your car stolen. The deductibles state the amount of money you are required to pay before a claim is paid by your company. The more damage repair cost you have to pay, the less money you will pay for auto insurance.
- Policy add-ons can waste money – There are many additional coverages that can waste your money but may not be useful. Insurance for rental car coverage, accidental death, and Farm Bureau memberships are examples of these. They may seem like a good idea when deciding what coverages you need, but if you have no use for them get rid of them and save.
- Why do you need liability coverage? – The liability section of your policy will provide protection when you are determined to be liable for causing damage or personal injury in an accident. Your liability coverage provides for a legal defense which can cost a lot. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
- Battle of the sexes – Statistics show that females take fewer risks when driving. This data doesn’t prove that females are better drivers. They both tend to get into auto accidents at a similar rate, but men cause more damage. Not only that, but men also get cited for more serious violations like driving under the influence (DUI).
- Traffic violations drive up rates – Whether or not you get tickets has a huge affect on how much you pay. Having just one ticket could increase your next policy renewal by as much as twenty percent. Attentive drivers receive lower rates compared to drivers with tickets. People who have careless violations such as DUI, reckless driving or excessive speeding may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.
The best way to compare car insurance company rates is to know the fact all the major auto insurance companies will pay a fee to give you rate quotes. The only thing you need to do is give the companies some data like if a SR-22 is needed, if it has an anti-theft system, whether the vehicles are used for commuting, and if you lease or own. Those rating factors is instantly submitted to insurance carriers in your area and they return cost estimates instantly.
If you would like to compare rates now, click here then complete the form.
Auto insurance rates and discounts
Auto insurance companies don’t always list every discount in a way that’s easy to find, so below is a list both the well known and the more hidden credits that you can use to lower your rates. If you do not double check each discount you deserve, you could be saving more on your auto insurance.
- Student in College – Children who live away from home at college and won’t have access to an insured vehicle can receive lower rates.
- Good Grades Discount – Excelling in school may save you up to 25%. Many companies even apply the discount to college students well after school through age 25.
- Discount for Multiple Policies – If you combine your homeowners and auto policies with one company you could earn a discount of at least 10% off all policies.
- No Claim Discounts – Drivers with accident-free driving histories pay much less as opposed to bad drivers.
- Anti-lock Brake Discount – Vehicles with ABS and/or traction control prevent accidents so you can save 10 percent or more.
- Driver Education Discount – It’s a good idea to have your young drivers enroll in driver’s education as it can save substantially.
- Discount for Low Mileage – Driving less can qualify you for lower auto insurancerates due to less chance of an accident.
- Military Deployment Discount – Having an actively deployed family member could mean lower auto insurance rates.
Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though you would think it’s possible to get free car insurance, insurance companies wouldn’t stay in business.
For a list of auto insurance companies who offer discounts in Asheboro, follow this link.
You may need advice from an insurance agent
A lot of people still prefer to go talk to an agent and we recommend doing that An additional benefit of price shopping on the web is that you can find lower prices and still buy from a local agent. And buying from local agencies is important particularly in Asheboro.
After filling out this form (opens in new window), your insurance coverage information gets sent to local insurance agents that can give you for your insurance coverage. You won’t need to find an agent on your own because prices are sent directly to your email. It’s the lowest rates and a licensed agent to talk to. If you need to get a price quote from a specific company, you would need to go to their quote page and give them your coverage information.
When researching a local insurance agency, you need to know there are two different types of agents and how they operate. Auto insurance agencies are considered either captive or independent agents depending on their company appointments.
Independent Auto Insurance Agencies
Agents that elect to be independent are appointed with more than one company so they can write business with many different companies and find you cheaper rates. If they find a cheaper price, your agent can switch companies and you can keep the same agent.
If you need lower rates, you will want to include rate quotes from a couple of independent agencies to have the best price comparison.
Shown below are independent agencies in Asheboro that may be able to provide competitive price quotes.
Direct General Ins Agency – 125 E Taft Ave – Asheboro, NC 27203 – (336) 625-2627
Cranford Agency – 906 S Fayetteville St – Asheboro, NC 27203 – (336) 629-9100
Stan Beck Nationwide Insurance – 305 White Oak St – Asheboro, NC 27203 – (336) 633-3038
Lonnie Bryant Insurance Svc – 177 NC Highway 42 N # C – Asheboro, NC 27203 – (336) 625-9936
Corie F Mc Rae Agency Inc – 128 N Park St – Asheboro, NC 27203 – (336) 629-9151
Captive Insurance Agents
Captive insurance agents can only write with one company and examples are AAA, Allstate, State Farm, or Farmers Insurance. They usually cannot place coverage with different providers so they have to upsell other benefits. Captive agents are well schooled in insurance sales which aids in selling service over price.
Below are captive insurance agents in Asheboro that are able to give rate quotes.
Farm Bureau Insurance – 1342 E Salisbury St – Asheboro, NC 27203 – (336) 629-9187
Allstate Insurance – 322 W Salisbury St – Asheboro, NC 27203 – (336) 625-3995
To select from insurance agents near you, feel free to link to this complete selection of auto insurance agencies in Asheboro.
Selecting an car insurance agent needs to be determined by more than just the premium amount. These are some questions you should get answers to.
- How much training do they have in personal risk management?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Does the agency support the community they serve?
- Can you choose the body shop in case repairs are needed?
- Will the company cover a rental car if your car is getting fixed?
- Where are claims handled?
- If you have an accident, will your rates go up?
- If independent agents, which companies do they recommend?
Much more information about auto insurance in North Carolina is available on the through this link. North Carolina drivers can get help finding coverage, report car insurance fraud, and file complaints about an insurance agent or broker.
Cheaper auto insurance is a realistic goal
As you shop your coverage around, don’t be tempted to skimp on coverage in order to save money. In many instances, an accident victim reduced comprehensive coverage or liability limits and discovered at claim time that the small savings ended up costing them much more. Your aim should be to find the BEST coverage at the best cost, but do not skimp to save money.
Throughout this article, we presented quite a bit of information on how to compare auto insurance rates online. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the lowest rates come from a small mutual company. These smaller insurers can often provide lower car insurance rates in certain areas than the large multi-state companies such as State Farm and Allstate.
The cheapest auto insurance is definitely available on the web and with local Asheboro insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some companies do not offer rate quotes online and these regional carriers sell through independent agents.