No one likes paying for auto insurance, particularly when their premiums are through the roof. With so many companies and agents to choose from, it’s difficult to choose the best company.
Auto Insurance Prices in Watauga, TX
All major auto insurance companies such as Progressive, Allstate and GEICO allow you to get price estimates on their websites. The process doesn’t take much effort as you simply type in the coverages you want into the quote form. After the form is submitted, the system automatically orders your credit score and driving record and returns a price quote determined by many factors. This streamlines rate comparisons, but the time required to go to a lot of sites and fill out multiple forms is not the best way to spend an afternoon. Unfortunately, it is important to compare as many rates as possible in order to find better prices.
The easiest way to find lower prices is to use a quote form that analyzes rates from more than one company. It’s a real time-saver, requires less work, and makes price shopping online much easier. After your information is entered, it gets priced and you can choose any or none of the quotes that you receive. If you find a better price you can click and sign and purchase coverage. It takes less than 15 minutes and may result in a nice savings.
To use this form to compare rates, simply click here to open in new window and submit the form. If you have your current policy handy, we recommend you input coverages and limits exactly as shown on your declarations page. This guarantees you will be getting rate comparison quotes for similar coverage.
Discounts are available to cut your rates
Companies don’t always publicize every discount very clearly, so here is a list both well-publicized and the harder-to-find discounts you could be receiving. If you’re not getting every credit you qualify for, you’re just leaving money on the table.
- Use Seat Belts – Drivers who require all occupants to buckle their seat belts can save 10% or more off the personal injury premium cost.
- Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
- Discount for Good Grades – Performing well in school can get you a discount of up to 25%. This discount can apply until age 25.
- Anti-lock Brakes – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
- Multiple Vehicles – Having multiple vehicles on one policy qualifies for this discount.
- Service Members Pay Less – Being deployed with a military unit can result in better rates.
- Driver’s Ed – Have your child successfully complete driver’s ed class in high school.
Drivers should understand that many deductions do not apply to your bottom line cost. Most only reduce specific coverage prices like liability and collision coverage. So despite the fact that it appears you could get a free auto insurance policy, auto insurance companies aren’t that generous.
To choose insurance companies with discount auto insurance rates in Watauga, click this link.
Watauga Rates are Influenced by These Factors
An important part of buying insurance is that you know the rating factors that help determine the price you pay for auto insurance. Knowing what determines base rates helps enable you to make changes that could result in lower auto insurance prices.
The following are a partial list of the pieces that factor into premiums.
- Multiple policies with one company can save – Some insurers provide better rates to insureds who carry more than one policy. It’s known as a multi-policy discount. This can amount to five, ten or even twenty percent. Even with this discount, it’s in your best interest to compare other company rates to confirm you are receiving the best rates possible. Drivers may still find a better deal by splitting coverages up.
- Careful drivers pay lower rates – A bad driving record has a lot to do with how much you pay for insurance. Even one speeding ticket can increase rates forty percent or more. Good drivers tend to pay less for car insurance than their less careful counterparts. If you have dangerous violations such as DWI, reckless driving or hit and run convictions may find they need to file a SR-22 with the DMV in their state in order to prevent a license revocation.
- Drive a safer car and pay less – Cars with high safety ratings are cheaper to insure. The safest vehicles have better occupant injury protection and better occupant protection translates into fewer and smaller insurance claims and lower rates for you.
- Protect your assets with liability insurance – Liability insurance provides coverage if ever a jury decides you are liable for damages caused by your negligence. It provides legal defense coverage which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so do not skimp.
Additional detailed information is available at the Texas Department of Insurance website. Texas consumers can read state legal mandates and laws, read consumer alerts, and learn about specific coverages.
How can Progressive, Allstate and GEICO save drivers who switch?
Texas drivers get pounded daily by advertisements that promise big savings by companies like Progressive, Allstate and GEICO. All the companies make an identical promise that you’ll save big if you change to them.
But how can every company say the same thing? This is how they do it.
Different companies are able to cherry pick for the right customer that earns them a profit. A good example of a profitable customer might be between 25 and 40, has no driving citations, and drives newer vehicles. Any driver that hits that “sweet spot” will get very good rates and therefore will save quite a bit of money when switching.
Potential customers who are not a match for these standards must pay a higher premium which leads to the driver buying from a lower-cost company. Company advertisements say “people who switch” but not “drivers who get quotes” save that kind of money. This is how insurance companies can confidently claim big savings. This illustrates why it is so important to compare many company’s rates. It’s just too difficult to predict the company that will fit your personal profile best.
Quote more, save more
We just covered many ways to compare auto insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the lowest rates come from an unexpected company. Smaller companies often have lower prices on specific markets compared to the large companies like Allstate or State Farm.
The cheapest auto insurance can be sourced on the web and with local Watauga insurance agents, so you should compare both to have the best rate selection. Some auto insurance companies do not offer online price quotes and usually these smaller companies provide coverage only through local independent agents.