Pretty sure you bought an expensive car insurance policy? Say no more because you’re not alone. Online insurance companies like GEICO and Progressive all claim big savings, bombarding you with fancy advertisements and it is difficult to avoid their marketing magic and take the time to shop coverage around.
Lower rates by qualifying for discounts
Companies offering auto insurance don’t list the entire discount list very clearly, so the following is a list of a few of the more well known and also the lesser-known credits available to bring down your rates.
- Discount for Life Insurance – Select insurance companies reward you with a lower price if you buy some life insurance too.
- Defensive Driver – Taking part in a driver safety course could cut 5% off your bill and also improve your driving technique.
- ABS Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control can avoid accidents and the ABS can save up to 10%.
- Anti-theft System – Anti-theft and alarm system equipped vehicles prevent vehicle theft and will save you 10% or more.
- Renewal Discounts – A few car insurance companies offer discounts for switching policies early. You may see this discount when you get .
- Distant Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from home and do not have a car can receive lower rates.
- Discounts for Responsible Drivers – Insureds without accidents can get discounts for up to 45% lower rates for Prius coverage compared to rates paid by drivers with frequent claims.
- Employee of Federal Government – Federal government employees could provide a small rate reduction for Prius coverage with select insurance companies.
You can save money using discounts, but most discounts do not apply to the entire policy premium. Most cut individual premiums such as comp or med pay. Even though it appears it’s possible to get free car insurance, it doesn’t quite work that way.
A list of companies and some of the discounts can be found below.
- Farmers Insurance may have discounts that include pay in full, mature driver, multi-car, teen driver, and early shopping.
- State Farm discounts include safe vehicle, Drive Safe & Save, good driver, student away at school, and driver’s education.
- Liberty Mutual offers premium reductions for good student, preferred payment discount, multi-policy, hybrid vehicle, and new vehicle discount.
- MetLife offers discounts including defensive driver, good student, accident-free, multi-policy, claim-free, and good driver.
- Progressive has discounts for multi-policy, good student, online signing, continuous coverage, and online quote discount.
When comparing rates, check with every prospective company the best way to save money. Some credits may not apply to policies in Houston. If you would like to choose from a list of companies that can offer you the previously mentioned discounts in Houston, follow this link.
There are a lot of ways to shop for car insurance, but there is one way that is more efficient than others. You can waste a lot of time talking about coverages with local insurance agents in Houston, or you could save time and use online quotes for quick rates.
Most car insurance companies are enrolled in a marketplace where insurance shoppers only type in their quote data once, and each company then returns a price quote based on that information. This eliminates the need for quotation requests for every car insurance company.
To get comparison pricing now click here to start a free quote.
The single downside to doing it this way is you don’t know exactly which providers you want to price. If you prefer to choose specific insurance companies to request quotes from, we put together a list of low cost car insurance companies in Texas. Click here to view list.
The method you choose is up to you, but compare identical quote information for each quote you get. If your comparisons have differing limits it’s impossible to make a fair comparison for your Toyota Prius in Houston. Just slight variations in coverages can result in a big premium difference. It’s important to know that comparing more rates from different companies will improve the odds of getting a lower rate.
Cheaper coverage is out there
The cheapest Toyota Prius insurance can be bought both online and from local agencies, and you need to price shop both to have the best rate selection. Some insurance providers may not offer the ability to get a quote online and many times these regional insurance providers only sell through independent agents.
When getting , it’s very important that you do not buy less coverage just to save a little money. There are many occasions where an insured dropped comprehensive coverage or liability limits only to find out that their decision to reduce coverage ended up costing them more. Your goal should be to find the BEST coverage at the best cost but still have enough coverage for asset protection.