Perplexed by the dozens of auto insurance options in Orlando? You’re not alone. There are so many companies to choose from that it can be more work than you anticipated to find lower rates.
Do you qualify for a discount?
Car insurance companies don’t always publicize all their discounts very clearly, so we took the time to find both well-publicized and the harder-to-find ways to save on auto insurance.
- Drivers Education – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
- Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
- Sign Early and Save – Select companies give a discount for switching policies prior to your current policy expiration. It can save you around 10%.
- Resident Student – Kids in college who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
- Payment Method – If you pay your bill all at once instead of making monthly payments you could save up to 5%.
- Paperless Signup – A handful of insurance companies will give a small break simply for signing online.
- Homeowners Discount – Being a homeowner may earn you a small savings because of the fact that having a home demonstrates responsibility.
Keep in mind that some credits don’t apply to the entire cost. The majority will only reduce individual premiums such as liability, collision or medical payments. Just because you may think all those discounts means the company will pay you, you won’t be that lucky.
For a list of providers with the best auto insurance discounts in Orlando, click this link.
Is my situation unique?
When it comes to buying proper insurance coverage for your vehicles, there really is no one size fits all plan. Everyone’s needs are different.
These are some specific questions could help you determine whether or not you could use an agent’s help.
- At what point should I drop full coverage?
- I don’t drive much so do I pay less?
- Are my friends covered when driving my vehicle?
- What discounts do I qualify for?
- Are rental cars covered under my policy?
- Does medical payments coverage apply to all occupants?
- Does having multiple vehicles earn me a discount?
- Why am I required to buy high-risk coverage?
- What companies insure drivers after a DUI or DWI?
- Does my personal policy cover me when driving my company car?
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.
Your local neighborhood insurance agent
A small number of people would prefer to visit with an insurance agent. One of the great benefits of getting online price quotes is you may find better rates but also keep your business local.
After completing this simple form, your information gets sent to agents in your area who will compete for your business. You don’t have to visit any agencies because quoted prices will be sent immediately to your email address. Now that’s easy! You can find better rates AND a local agent.
Choosing an provider requires more thought than just the price. Any agent should have no problem answering these questions:
- Will their companies depreciate repairs to your car based on the mileage?
- If they are an independent agency, which companies do they recommend?
- Will your rates increase after a single accident?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- What insurance companies do they work with?
- Is vehicle damage repaired with OEM or aftermarket parts?
Shown below is a list of car insurance companies in Orlando willing to provide price quotes.
- Farm Bureau Insurance – 4241 N John Young Pkwy # 1000, Orlando, FL 32804 – (407) 293-7608
- State Farm Insurance – 11681 S Orange Blossom Trl # 7, Orlando, FL 32837 – (407) 855-6797
- MAG Mutual Insurance – 8427 S Park Cir # 130, Orlando, FL 32819 – (407) 370-3813
- Insurance Advantage – 2813 S Hiawassee Rd # 205, Orlando, FL 32835 – (407) 296-0096
- O’Connel Agency – 3361 Rouse Rd, Orlando, FL 32817 – (407) 447-5847
- Liberty Mutual – 300 S Orange Ave, Orlando, FL 32801 – (407) 841-6588
- Allstate Insurance – 5104 N Orange Blossom # 125, Orlando, FL 32810 – (407) 290-5000
To view a complete directory of auto insurance agents in Orlando, view this link.
After getting reasonable responses to any questions you have in addition to an acceptable price estimate, most likely you have located an insurance company that can properly insure your vehicles.
Do drivers who switch really save?
Allstate, Geico and Progressive regularly use ads on television and other media. All the companies have a common claim about savings if you move to their company. How do they all make the same claim? It’s all in the numbers.
All companies have a certain “appetite” for the driver that makes them money. An example of a preferred risk might be between 30 and 50, has no prior claims, and drives less than 7,500 miles a year. A driver who fits that profile gets the lowest rates and is almost guaranteed to save when switching.
Potential insureds who fall outside the “perfect” profile will be charged more money and this can result in the customer not buying. The ads state “customers that switch” not “everyone that quotes” save that much. That’s why companies can advertise the way they do. That is why you absolutely need to get as many comparisons as possible. You cannot predict which insurance companies will give you the biggest savings.
Even more information is located at the Florida Office of Insurance Regulation website. Florida consumers can read enforcement actions against agents and companies, report car insurance fraud, find out which companies have the most complaints, and learn about specific coverages.
Final thoughts
You just read many ideas to reduce auto insurance prices online. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. You may even discover the lowest premiums are with a small mutual company.
While you’re price shopping online, make sure you don’t skimp on coverage in order to save money. In too many instances, an insured cut liability coverage limits only to find out that the few dollars in savings costed them thousands. The proper strategy is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.
Insureds who switch companies do it for many reasons like being labeled a high risk driver, an unsatisfactory settlement offer, high rates after DUI convictions and extreme rates for teen drivers. Regardless of your reason, finding a great new company is actually quite simple.