Price shopping your Grenada car insurance can seem to be difficult for consumers new to shopping for insurance online. People have so many options available that it can be a real challenge to find lower rates in Grenada.
Smart consumers take time to compare prices occasionally because insurance rates change frequently. Just because you found the best rates on your last policy there is a good chance you can find better rates now. There is a lot of wrong information about car insurance on the web, but I’m going to show you some proven techniques to reduce your car insurance bill.
Where Can I Get Cheap Grenada Car Insurance?
There are multiple methods to compare car insurance prices and some are more efficient than others. You can waste hours talking to insurance companies in Grenada, or you could save time and use the web to quickly compare rates.
Many companies take part in a program that enables customers to submit their information once, and each company then returns a price quote for coverage. This system prevents you from having to do form submissions for each company you want a rate for.
To use this form to compare rates click here to open in new window.
The only drawback to using this type of form is you are unable to specify the companies to get quotes from. So if you prefer to pick from a list of companies for rate comparison, we have a listing of car insurance companies in Mississippi. Click here to view list.
Which method you use is up to you, but compare exactly the same information on every quote you get. If you have different deductibles you will not be able to determine which rate is truly the best in Grenada.
Are you getting all your discounts?
The price of auto insurance can be rather high, but you may find discounts to help bring down the price. Certain discounts will be triggered automatically at quote time, but some must be inquired about before you will receive the discount. If you aren’t receiving every discount available, you are paying more than you should be.
- Accident Waiver – Certain companies will allow you to have one accident before your rates go up so long as you haven’t had any claims prior to the accident.
- Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
- Student Driver Training – Cut your cost by having your teen driver take driver’s ed class if it’s offered in school.
- Discount for Good Grades – Getting good grades can earn a discount of 20% or more. This discount can apply until age 25.
- Fewer Miles Equal More Savings – Keeping the miles down could qualify for discounted rates on garaged vehicles.
- Safety Course Discount – Successfully completing a course in driver safety could cut 5% off your bill if your company offers it.
- Accident Free – Drivers with accident-free driving histories can save substantially as compared to accident-prone drivers.
It’s important to understand that many deductions do not apply the the whole policy. A few only apply to individual premiums such as comp or med pay. Just because it seems like all the discounts add up to a free policy, it just doesn’t work that way. But all discounts will reduce your premiums.
To see a list of companies with discount car insurance rates in Grenada, follow this link.
Are insurance agents obsolete?
Some consumers would prefer to get advice from a local agent and that is OK! Good agents can help determine the best coverages and give you someone to call. The biggest benefit of price shopping on the web is that you can obtain better rates but still work with a licensed agent. Supporting small agencies is especially important in Grenada.
For easy comparison, once you complete this short form, your coverage information is transmitted to insurance agents in Grenada who will compete to get your business. There is no need to drive around as quotes are delivered immediately to your email address. Now that’s easy!
Types of auto insurance agents in Grenada
When searching for a local agent, you need to know there are two different types of agents that differ in how they can insure your vehicles. Insurance agencies in Grenada are categorized either independent (non-captive) or captive. Either one can insure your vehicles, but it’s good to learn how they differ since it can impact buying decisions.
Independent Insurance Agents
Independent agents are not employed by any specific company but instead can place your coverage with lots of companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, the agent simply finds a different carrier and you don’t have to find a new agent.
When shopping rates, it’s recommended you include at least one independent agent to have the most options to choose from. They often place coverage with smaller companies which may provide better rates.
The following are Grenada independent insurance agencies that can give you rate quotes.
- Direct General Ins Agency – 1540 Jameson Dr – Grenada, MS 38901 – (662) 226-7247
- South Group Insurance – 1350 Sunset Dr # E – Grenada, MS 38901 – (662) 226-5272
- Farm Bureau Insurance – 2042 Highway 51 S – Grenada, MS 38901 – (662) 226-4931
Agency Captives
Captive agencies write business for a single company and examples are Allstate, Farmers Insurance or State Farm. They usually cannot compare other company’s rates so keep that in mind. Captives are trained well on their company’s products which can be an advantage. Some people will only buy from captive agents mainly due to high brand loyalty and solid financial strength.
Shown below are captive insurance agents in Grenada that can give you price quote information.
- Shelter Insurance – 1113 Sunset Dr # A – Grenada, MS 38901 – (662) 226-8743
- Allstate Insurance – 1360 Sunset Dr # J – Grenada, MS 38901 – (662) 226-0140
- State Farm Insurance – 1323 Sunset Dr – Grenada, MS 38901 – (662) 227-1084
- Farm Bureau Insurance – 2042 Commerce St – Grenada, MS 38901 – (662) 226-4931
To view a full list of car insurance agents in Grenada, simply jump to this page.
Picking a car insurance agent requires more thought than just a low price. Agents should be asked these questions:
- Will their companies depreciate repairs to your car based on the mileage?
- Do they have adequate Errors and Ommissions coverage? This protects you if they make a mistake.
- Is working in the agency their full-time job?
- Do they specialize in personal lines coverage?
- Will your rates increase after a single accident?
- If you are a high risk driver, do they have special markets for your coverage?
Upon getting answers to your satisfaction to any questions you have in addition to an acceptable price estimate, chances are good that you have found an insurance agent that is a good match to properly service your car insurance policy.
Will just any policy work for me?
When buying the best car insurance coverage, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s.
Here are some questions about coverages that might help in determining whether you would benefit from an agent’s advice.
- Do I need roadside assistance coverage?
- Does my vehicle need full coverage?
- When should I not file a claim?
- How much underlying liability do I need for an umbrella policy?
- I don’t drive much so do I pay less?
- Do I need to file an SR-22 for a DUI in Mississippi?
- Is Mississippi a no-fault state?
- Is my vehicle covered by my employer’s policy when using it for work?
- What should my uninsured motorist coverage limits be in Mississippi?
- Do I qualify for additional discounts?
If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.
Much more information about car insurance in Mississippi can be read on the Mississippi Insurance Department website. Click here for link. Visitors are able to discover disciplinary actions, find disaster information, and read state legal mandates and laws.
Car insurance policy coverages
Understanding the coverages of your policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.
Liability auto insurance – This provides protection from injuries or damage you cause to a person or their property. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage protects against claims such as repair costs for stationary objects, medical services and structural damage. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible. Mississippi state minimum liability requirements are 25,000/50,000/25,000 but drivers should carry more liability than the minimum.
Collision coverage – This coverage pays for damage to your vehicle caused by collision with another car or object. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims such as sideswiping another vehicle, crashing into a building, scraping a guard rail, hitting a mailbox and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible to save money on collision insurance.
Comprehensive coverage – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like damage from getting keyed, fire damage and hitting a bird. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for immediate expenses such as prosthetic devices, funeral costs, pain medications and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist coverage – This protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your vehicle.
Since many Mississippi drivers have only the minimum liability required by law (25/50/25 in Mississippi), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Buy online or local, you save
In this article, we presented many ways to compare car insurance prices online. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding lower rates. You may even find the best prices are with a company that doesn’t do a lot of advertising.
As you restructure your insurance plan, make sure you don’t sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut collision coverage and discovered at claim time they didn’t purchase enough coverage. The ultimate goal is to purchase plenty of coverage at an affordable rate.
Cost effective car insurance is possible on the web in addition to many Grenada insurance agents, so you should be comparing quotes from both to have the best selection. Some insurance companies do not provide you the ability to get quotes online and these small insurance companies work with independent agents.