High-priced auto insurance can draw down your budget and force you to prioritize other expenses. Comparing rate quotes can save money and help to lower your monthly bill.
Lots of auto insurance companies contend to insure your vehicles, so it can be very hard to choose a insurer and get the best coverage at the lowest rate
It’s a great practice to check auto insurance prices yearly since prices fluctuate regularly. Even if you got the lowest price a few years ago you can probably find a lower rate today. There is a lot of wrong information about auto insurance on the internet, but you can learn some guaranteed methods to lower your auto insurance rates.
If you have a current auto insurance policy or are looking for a new policy, you will benefit by learning to find better prices while maintaining coverages. Buying car insurance in Canby is easy if you know what you’re doing. Oregon drivers only need an understanding of the most effective way to shop for auto insurance over the internet.
Cheaper rates by getting discounts
Insurance can be prohibitively expensive, but there could be significant discounts that many consumers don’t even know exist. Some of these disounts will be visible at the time of purchase, but some need to be asked about before being credited.
- Safety Restraint Discount – Buckling up and requiring all passengers to wear their seat belts can save up to 15% on medical payment and PIP coverage.
- Sign Online – Many larger companies provide a small discount on the internet.
- Payment Discounts – If paying your policy premium upfront instead of paying each month you can actually save on your bill.
- Good Driver Discount – Insureds without accidents may receive a discount up to 45% than less cautious drivers.
- Early Renewal Discounts – A few insurance companies give discounts for renewing your policy before your current policy expires. It can save you around 10%.
- Discount for Good Grades – Maintaining excellent grades may save you up to 25%. Most companies allow this discount until age 25.
- Memberships – Being in a professional or civic organization could trigger savings on your bill.
- Telematics Data Discounts – Drivers who elect to allow companies to track vehicle usage by using a telematic data system such as In-Drive from State Farm or Allstate’s Drivewise system could see a rate decrease if they are good drivers.
- Service Members Pay Less – Being on active duty in the military could trigger a small discount.
It’s important to understand that most discount credits are not given to the overall cost of the policy. Some only apply to individual premiums such as comp or med pay. Just because you may think adding up those discounts means a free policy, it just doesn’t work that way. But all discounts will bring down your policy premiums.
Companies and some of the premium reductions they offer can be read below.
- State Farm may have discounts that include defensive driving training, good student, accident-free, multiple policy, passive restraint, and safe vehicle.
- Geico includes discounts for emergency military deployment, daytime running lights, multi-policy, good student, multi-vehicle, membership and employees, and military active duty.
- SAFECO offers discounts including teen safety rewards, homeowner, bundle discounts, drive less, accident prevention training, and multi-car.
- Farmers Insurance has savings for switch companies, business and professional, youthful driver, alternative fuel, and distant student.
- AAA discounts include AAA membership discount, multi-policy, anti-theft, good student, pay-in-full, and good driver.
- USAA may offer discounts for multi-policy, family discount, vehicle storage, military installation, annual mileage, good student, and loyalty savings.
If you are trying to find , ask each company or agent which discounts you qualify for. All car insurance discounts may not apply to policies in Canby. To find insurers who offer free auto insurance quotes in Canby, follow this link.
Your auto insurance coverage should be tailored to you
When buying coverage, there really is no one size fits all plan. Each situation is unique and your policy should reflect that. For instance, these questions could help you determine whether you might need professional guidance.
- Will I lose any money if I cancel my policy before it expires?
- What are the financial responsibility laws in Oregon?
- Does my vehicle qualify for pleasure use?
- Do I need higher deductibles?
- How high should my uninsured/underinsured coverage be in Oregon?
- Am I covered when driving someone else’s vehicle?
- Am I covered when delivering products for my home-based business?
- I have good health insurance, so how much medical payments coverage do I need?
- Do I need motorclub coverage?
- Is my vehicle covered for smoke damage?
If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, free and can provide invaluable advice.
Learn more today
Even more information can be read at the Oregon Insurance Division website. Oregon consumers can file complaints about a company, read consumer alerts, and find a variety of consumer forms.
One last thing to lower rates
Some companies may not provide online quoting smaller companies only sell through independent agents. Cheap auto insurance can be purchased on the web and from local agencies, and you should be comparing both so you have a total pricing picture.
As you prepare to switch companies, make sure you don’t skimp on coverage in order to save money. In many instances, an accident victim reduced uninsured motorist or liability limits and found out when filing a claim they didn’t purchase enough coverage. The ultimate goal is to get the best coverage possible for the lowest price while still protecting your assets.