Tired of scraping the payment together each month for car insurance? You are in the same boat as most other car owners in Texas.
Many insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies to find the best price available.
It’s smart to shop coverage around quite often since insurance rates are rarely the same from one policy term to another. If you had the best price on Traverse insurance on your last policy a different company probably has better rates today. Don’t believe everything you read about car insurance on the web, but I’m going to show you some great ways to slash your car insurance rates.
You probably qualify for some discounts
Car insurance can cost a lot, but there are discounts available that you may not even be aware of. Certain discounts will be applied when you get a quote, but lesser-known reductions have to be requested specifically before they will apply.
- Sign Early and Save – Some companies give discounts for switching policies before your current policy expires. It can save you around 10%.
- Military Rewards – Having a deployed family member could be rewarded with lower premiums.
- Save with a New Car – Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
- E-sign – A few companies give back up to $50 for buying your policy online.
- Use Seat Belts – Drivers who require all occupants to wear their seat belts could save 15% off the personal injury premium cost.
- Auto/Life Discount – Select insurance companies reward you with better rates if you take out auto and life insurance together.
- 55 and Retired – If you’re over the age of 55, you may be able to get a discount up to 10% on Traverse insurance.
- No Charge for an Accident – A few companies allow you one accident before your rates go up as long as you don’t have any claims for a set time period.
- Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
- Organization Discounts – Affiliation with a professional or civic organization is a good way to get lower rates when buying car insurance on Traverse insurance.
Keep in mind that most credits do not apply the the whole policy. Most only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way. But all discounts will help reduce the cost of coverage.
For a list of companies who offer car insurance discounts in Texas, click here.
Neighborhood agents for car insurance
A small number of people would prefer to sit down with an agent and that is a personal choice. The biggest benefit of price shopping on the web is the fact that you can find lower rates and still choose a local agent. And supporting local agencies is definitely important in smaller communities.
By using this form (opens in new window), your insurance data is emailed to insurance agents who will battle for your business. There is no reason to even leave your home due to the fact that quote results will go to your email. Now that’s easy! It’s the lowest rates and work with a local agent.
If you prefer to contact a specific insurance agent in Texas, click here.
Choosing an insurer should depend on more than just the premium amount. Some important questions to ask are:
- How are they compensated?
- How much will you save each year by using a higher deductible?
- Which company do they place the most coverage with?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Is working in the agency their full-time job?
- Does the agency support the community they serve?
Once you have received reasonable responses and a good coverage price, you may have just found an provider that will insure your vehicles.
Don’t be fooled by advertising claims
21st Century, Allstate and State Farm regularly use ads on television and other media. All the companies say the same thing that you’ll save big if you move to them. How can each company make the same claim? This is how they do it.
All companies have a certain “appetite” for the type of customer that makes them money. For instance, a driver they prefer might be profiled as a mature driver, has no driving citations, and drives less than 10,000 miles a year. Any new insured who meets those qualifications is entitled to the best price and most likely will save a lot of money.
Consumers who don’t qualify for the requirements will be quoted more money which usually ends up with business not being written. The ad wording is “customers who switch” not “people who quote” save money. That is how insurance companies can make the claims of big savings.
This emphasizes why you should compare as many rates as you can. Because you never know which company will have the lowest rates.
More sites with car insurance information
Much more information about car insurance in Texas can be found on the website for the Texas Department of Insurance through this link. Texas drivers can read consumer alerts, file complaints about a company, and view agent and company licensing information.
A little work can save a LOT of money
In this article, we covered a lot of information how to save on Chevy Traverse insurance. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. Drivers may discover the best prices are with the least-expected company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Allstate, GEICO and Progressive.
Budget-conscious Chevy Traverse insurance is definitely available both online as well as from independent agents in Texas, so you should compare both to have the best chance of lowering rates. A few companies don’t offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.