Feel like you’re a prisoner to an overpriced car insurance policy? Believe me, you’re not alone.
Because there are so many different company options, it can be impossible to find the lowest price insurer.
Car Insurance Comparison Rates in Allen, TX
Performing a rate comparison can take time and effort if you aren’t aware of the fastest way to get free quotes. You can waste a lot of time talking about coverages with insurance companies in Allen, or you could use the internet to get the quickest rates.
Many popular insurance companies are enrolled in a marketplace where insurance shoppers enter their coverage request one time, and each participating company provides a quote for coverage. This system prevents you from having to do repetitive form submissions for each company.
To find out how much you can save on car insurance click here to start a free quote.
The single downside to doing it this way is buyers cannot specifically choose which providers you want pricing from. So if you prefer to choose from a list of companies to compare rates, we have a page of the cheapest car insurance companies in Texas. Click here for list of insurance companies in Texas.
Which method you use is up to you, but double check that you are using identical coverage limits for each comparison quote. If you enter different limits and deductibles on each one it’s impossible to determine the best price in Allen. Slightly different coverage limits may cause a big price difference. It’s important to know that comparing more company’s prices will increase your chances of finding a better price.
Do you qualify for discounts?
Companies offering auto insurance don’t necessarily list all available discounts very well, so the following is a list of both the well known as well as the least known car insurance savings.
- Clubs and Organizations – Being a member of a professional or civic organization is a good way to get lower rates when shopping for car insurance.
- Early Signing – Select companies give a discount for signing up prior to your current policy expiring. This can save 10% or more.
- Own a Home – Owning a home in Allen can save you money because maintaining a house requires personal responsibility.
- Claim Free – Claim-free drivers can earn big discounts compared to drivers who are more careless.
- Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
- Military Discounts – Being on active duty in the military could mean lower rates.
Keep in mind that most discount credits are not given to your bottom line cost. Most cut the cost of specific coverages such as liability, collision or medical payments. Just because it seems like it’s possible to get free car insurance, you’re out of luck.
To see a list of insurance companies offering car insurance discounts in Texas, click here.
Make smart decisions and save
An important part of buying insurance is that you know the rating factors that help determine the rates you pay for car insurance. Knowing what determines base rates empowers consumers to make smart changes that could result in much lower annual insurance costs.
- Multiple policies with one company can save – Many insurers provide better rates to insureds who carry more than one policy in the form of a multi-policy discount. Even with this discount, you may still want to compare rates to verify if the discount is saving money.
- Frequent car insurance claims increase rates – If you file claims often, you can pretty much guarantee either a policy non-renewal or much higher rates. Auto insurance companies in Texas give lower rates to policyholders who do not rely on their insurance for small claims. Auto insurance is intended for the large, substantial claims.
- Your spouse saves you money – Being married can get you a discount on your policy. Having a significant other usually means you are more mature and responsible and it’s statistically proven that married couples file fewer claims.
- Performance influences rates – The type of vehicle you own makes a substantial difference in your rates. Small economy passenger cars receive the most favorable rates, but there are many factors that impact the final cost.
- Safer cars are cheaper to insure – Vehicles with good safety scores tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and thus lower rates.
Can switching companies really save?
Car insurance companies such as GEICO, State Farm and Progressive continually stream ads in print and on television. They all seem to have a common claim that you’ll save big after switching to their company. How do they all make the same claim?
Insurance companies have a certain “appetite” for the right customer they prefer to insure. For instance, a driver they prefer could possibly be a mature driver, has no prior claims, and has a short commute. Any new insured who meets those qualifications is entitled to the best price and is almost guaranteed to save quite a bit of money when switching.
Potential insureds who don’t meet these standards must pay higher prices which leads to the customer not buying. Company advertisements say “people who switch” but not “drivers who get quotes” save that much money. That’s why insurance companies can confidently advertise the savings. This illustrates why it’s extremely important to get a wide range of price quotes. Because you never know which car insurance company will fit your personal profile best.
What is YOUR best insurance company?
Budget-conscious car insurance can be bought both online in addition to many Allen insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some car insurance companies do not provide online price quotes and most of the time these regional insurance providers sell through independent agents.
As you shop your coverage around, you should never skimp on coverage in order to save money. In many cases, consumers will sacrifice full coverage and discovered at claim time that the savings was not a smart move. The ultimate goal is to get the best coverage possible for the lowest price while still protecting your assets.
More detailed Texas car insurance information is located at the Texas Department of Insurance website. Visitors are able to file complaints about an insurance agent or broker, find out which companies have the most complaints, and read state legal mandates and laws.
The articles below may also help you learn more about car insurance in Allen