Smart shoppers know that insurance companies don’t want you to look for cheaper rates. Consumers who shop around once a year will probably switch insurance companies because the odds are good of finding lower rate quotes. A recent study showed that drivers who compared rates once a year saved as much as $850 each year as compared to drivers who never shopped around for better prices.
If saving the most money on auto insurance in Greensboro is your ultimate objective, knowing how to shop and compare cheaper coverage can help make the process easier and more efficient.
If you want to save the most money, the best way to get discount auto insurance rates is to start comparing prices regularly from insurers that insure vehicles in Greensboro. Drivers can shop around by following these guidelines.
First, try to learn about how companies set rates and the measures you can control to prevent high rates. Many policy risk factors that increase rates like traffic tickets, fender benders, and a not-so-good credit history can be rectified by making minor changes in your lifestyle.
Second, compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from a single company like Progressive or Allstate, while agents who are independent can give you price quotes from multiple sources.
Third, compare the new rate quotes to your existing coverage to see if you can save by switching companies. If you can save some money, make sure there is no lapse in coverage.
Fourth, provide proper notification to your current company to cancel your current policy and submit payment along with a signed and completed policy application to the new company. Make sure you put the new proof of insurance certificate in an easily accessible location in your vehicle.
One key aspect when comparing rates is to use similar limits and deductibles on each quote request and and to look at as many auto insurance providers as possible. This helps ensure an accurate price comparison and a complete rate analysis.
The car insurance companies shown below have been selected to offer free quotes in Greensboro, NC. If you want to find cheap auto insurance in North Carolina, we suggest you click on several of them in order to find the cheapest rates.
Insurance analysis for a Ford Fusion Hybrid
The data table shown next outlines different rate quotes for Ford Fusion Hybrid models. Having a better understanding of how rate quotes are established can help you make informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $130 | $272 | $318 | $18 | $96 | $834 | $70 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Estimates do not factor in Greensboro location which can change prices greatly.
Rate comparison for different deductibles
When comparing insurance rates, the most common question is how low should you set your deductibles. The comparisons below lay out the rate fluctuation between low and high physical damage deductibles. The first table uses a $100 deductible for physical damage and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $242 | $524 | $312 | $18 | $94 | $1,215 | $101 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $134 | $276 | $312 | $18 | $94 | $834 | $70 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Premium amounts do not factor in specific zip code location which can change auto insurance rates significantly.
Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you roughly $31 more each month or $372 for a full year than selecting the higher $1,000 deductible. Since you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 29 months between claims, you would save more money if you opt for a higher deductible.
Which policy gives me the best coverage?
When selecting the best auto insurance coverage, there really is no cookie cutter policy. Your financial needs are unique and a cookie cutter policy won’t apply.
For instance, these questions might help in determining whether you may require specific advice.
- Which companies will insure high-risk drivers?
- At what point should I drop full coverage?
- Am I better off with higher deductibles on my Ford Fusion Hybrid?
- What are good deductibles for a Ford Fusion Hybrid?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- Which companies will insure me after a DUI?
- Does low annual mileage earn a discount?
- What is an adequate liability insurance limit?
- Who sells insurance for high-risk drivers?
- What is glass protection for?
If you can’t answer these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.
Insurance agencies can help
Certain consumers still like to get professional advice from a licensed agent and that is just fine! Good agents are trained risk managers and will help you if you have claims. The best thing about getting online price quotes is the fact that drivers can get cheap auto insurance quotes and still buy from a local agent. Putting coverage with local insurance agents is still important in Greensboro.
To find an agent, once you fill out this simple form, the quote information is instantly submitted to local insurance agents that can give you free Greensboro auto insurance quotes to get your business. It makes it easy because there is no need to search for an agent as quotes are delivered to the email address you provide. If you wish to get a comparison quote from a specific insurance company, you can always search and find their rate quote page and fill out the quote form the provide.
The following is a short list of auto insurance companies in Greensboro willing to provide comparison quotes for Ford Fusion Hybrid insurance in Greensboro.
- Charlie Ganim – State Farm Insurance Agent
2008 New Garden Rd – Greensboro, NC 27410 – (336) 282-9229 – View Map - Pelnik Insurance
3828 Burlington Rd – Greensboro, NC 27405 – (336) 621-5057 – View Map - Barry Morgan – State Farm Insurance Agent
2001 N O Henry Blvd Srv Rd b – Greensboro, NC 27407 – (336) 294-3894 – View Map - State Farm: Eddie Collins
5709 W Market St – Greensboro, NC 27409 – (336) 854-1044 – View Map
Choosing an insurer shouldn’t rely on just a cheap price. The questions below may impact your decision as well.
- Which family members are covered?
- How often do they review policy coverages?
- Do they get paid more for recommending certain coverages?
- How much training do they have in personal risk management?
- How is replacement cost determined on your vehicle?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Does the agency have a good rating with the Better Business Bureau?