Car Insurance Rates for a Saturn VUE in Greensboro

The best way to get the cheapest car insurance rates is to compare prices at least once a year from providers who provide car insurance in Greensboro.

• First, read and learn about individual coverages and the factors you can control to prevent high rates. Many policy risk factors that result in higher rates like accidents, careless driving, and a less-than-favorable credit score can be rectified by making minor driving habit or lifestyle changes.
• Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from one company like GEICO and Allstate, while independent agents can provide prices for a wide range of insurance providers.
• Third, compare the new quotes to the premium of your current policy to see if a cheaper price is available in Greensboro. If you find a lower rate and make a switch, make sure there is no lapse in coverage.
• Fourth, notify your current company of your decision to cancel the current policy. Submit a down payment along with a completed application to the new company. Once coverage is bound, keep your new proof of insurance paperwork in an easily accessible location in your vehicle.

An important bit of advice to remember is to try to compare identical deductibles and limits on every quote and and to get rates from as many car insurance companies as possible. This helps ensure a fair price comparison and a complete price analysis.

We don’t have to point out that fact that car insurance companies don’t want their policyholders to compare prices. Drivers who shop around for the cheapest rate will probably switch to a new company because there is a high probability of finding coverage at a more affordable price. A recent car insurance study discovered that drivers who faithfully checked for cheaper rates saved approximately $860 a year compared to other drivers who never shopped for cheaper rates.

If finding low prices for car insurance is the reason for your visit, understanding how to get rate quotes and compare coverage rates can make it easier for you to save money.

Discounts for cheap insurance rates

Companies don’t always advertise all possible discounts in a way that’s easy to find, so the next list breaks down a few of the more well known and the more hidden discounts you could be receiving when you buy Greensboro car insurance online.

• Pay Now and Pay Less – By paying your policy upfront rather than spreading payments over time you could save 5% or more.
• Mature Driver Discount – If you qualify as a senior citizen, you can possibly qualify for a slight reduction on a Greensboro car insurance quote.
• Passive Restraints – Cars that have air bags may earn rate discounts of up to 25% or more.
• Telematics Discount – Insureds who allow their insurance company to track driving habits remotely such as State Farm’s In-Drive may see discounts if they are good drivers.
• Save with More Vehicles Insured – Drivers who insure multiple cars or trucks with one company may reduce the rate for each vehicle.

Consumers should know that most discounts do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like collision or personal injury protection. If you do the math and it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.

The illustration below shows the difference between Saturn VUE insurance premiums with and without discounts applied. The prices are based on a female driver, no accidents or driving violations, North Carolina state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, claim-free, multi-car, homeowner, and marriage discounts applied.

The best insurance companies and some of the premium reductions they offer are:

• GEICO may include discounts for multi-policy, anti-theft, seat belt use, daytime running lights, and military active duty.
• Auto-Owners Insurance has savings for teen driver, anti-lock brakes, air bags, mature driver, paid in full, and company car.
• American Family has discounts for TimeAway discount, defensive driver, accident-free, multi-vehicle, mySafetyValet, and early bird.
• Esurance offers discounts for paid-in-full, defensive driver, multi-car, online shopper, Switch & Save, and online quote.
• Progressive policyholders can earn discounts including multi-policy, multi-vehicle, online quote discount, online signing, continuous coverage, good student, and homeowner.
• State Farm offers premium reductions for student away at school, passive restraint, accident-free, multiple policy, good driver, anti-theft, and driver’s education.
• AAA discounts include good driver, AAA membership discount, multi-policy, anti-theft, pay-in-full, good student, and education and occupation.

It’s a good idea to ask each insurance company what discounts are available to you. Some of the earlier mentioned discounts might not apply in your state. If you would like to view insurance companies that provide some of the discounts listed above in North Carolina, follow this link.

The providers in the list below have been selected to offer free rate quotes in North Carolina. If you wish to find cheap auto insurance in Greensboro, we recommend you visit as many as you can in order to find the most competitive rates.

Rates and data analysis

The table shown next highlights a range of insurance premium costs for Saturn VUE models. Learning how insurance quotes are determined can help drivers make decisions when shopping around.

Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Rates do not factor in specific zip code location which can raise or lower premium rates greatly.

Insurance deductibles

One of the more difficult decisions when buying insurance is the level to set your comp and collision deductibles. The premium rates below determine the cost difference when you select higher and lower comp and collision deductibles. The first data set uses a $250 deductible for comp and collision and the second rate chart uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Price estimates do not factor in specific Greensboro garaging location which can change premiums greatly.

We can derive from the above data that using a $250 deductible will cost you approximately $18 more each month or $216 annually across all Saturn VUE models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 42 months between claim filings, you would most likely save money by selecting a higher deductible.

The diagram below shows how choosing a deductible and can impact Saturn VUE insurance costs for different age groups. The data is based on a single male driver, comprehensive and collision coverage, and no discounts are applied.

Saturn VUE insurance costs by gender and age in Greensboro

The illustration below shows the comparison of Saturn VUE insurance costs for male and female drivers. The data is based on no claims, a clean driving record, full coverage, $250 deductibles, single status, and no discounts are applied.

Learn How to Lower Your Insurance Premiums

Part of the insurance buying process is learning some of the factors that are used to determine your premiums. When you know what positively or negatively impacts premium levels, this enables informed choices that could help you find lower insurance prices. Lots of factors are taken into consideration when pricing auto insurance. Some are pretty understandable like a motor vehicle report, but others are more transparent like your continuous coverage or how financially stable you are.

Avoid coverage lapses – Driving without insurance coverage in place can get your license suspended and companies may charge more for letting your insurance lapse. And not only will insurance be more expensive, not being able to provide proof of insurance could earn you a license revocation or jail time. You may have to prove you have insurance by filing a SR-22 with the North Carolina DMV.

Getting married can save you money – Having a spouse can actually save you money on your insurance bill. Having a spouse may mean you are more mature and responsible and it’s proven that being married results in fewer claims.

Good credit saves on insurance – Credit history is a big factor in determining your rates. So if your credit rating is not that good, you could pay less to insure your Saturn VUE by improving your credit score. Insureds with good credit tend to file fewer claims and have better driving records than drivers who have lower credit scores.

How old are your drivers? – Older people have been proven to be more responsible, are lower risk to insure, and tend to be get fewer driving tickets. Youthful drivers have a tendency to be more careless when behind the wheel so insurance rates are higher.

The following data uses these variables: single driver, full coverage with $500 deductibles, and no discounts or violations.

Increase deductibles to save – Comp and collision deductibles state the amount of money you are required to spend in the event of a claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, protects your car from damage. A few examples of covered claims would be a windshield broken by a bird, animal collisions, and having a roll-over accident. The more money you’re willing to pay, the better rate you will receive.

Does your employer cost you more? – Occupations such as lawyers, social workers, and financial analysts tend to pay higher rates than average in part from intense work situations and extremely grueling work hours. Other careers like professors, engineers and homemakers receive lower rates.

Traffic violations can increase premiums – Drivers who don’t get tickets pay less for auto insurance than bad drivers. Having just one driving citation could increase your next policy renewal by twenty percent. Drivers who have license-revoking tickets like reckless driving or DUI may find they need to file a SR-22 to the state department of motor vehicles in order to prevent their license from being revoked.

The diagram below demonstrates how traffic citations and fender-benders increase Saturn VUE insurance premiums for different age groups of insureds. The rates are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.

Incidental coverages can cost a lot – Insurance companies have many additional extra coverages that can waste your money but may not be useful. Things like vanishing deductibles, death and dismemberment, and extra life insurance coverage may be wasting your money. These may sound like a good investment when you first buy your policy, but your needs may have changed so remove them and pocket the money.

Local Greensboro car insurance agents and insurance

Some consumers would prefer to sit down and talk to an agent and doing so can bring peace of mind Insurance agents are highly skilled in risk management and help you file claims. A good thing about getting online price quotes is the fact that drivers can get the best rates and still have an agent to talk to.

Upon completion of this form (opens in new window), the coverage information is sent to companies in Greensboro that can provide free Greensboro car insurance quotes for your insurance coverage. You won’t even need to search for an agent because prices are sent directly to you. If you want to get a rate quote from a specific insurance provider, you can always search and find their rate quote page to submit a rate quote request.

Choosing the best insurance company requires more thought than just a cheap quote. Any good agent in Greensboro should know the answers to these questions.

• How many companies do they write for?
• Can they provide you with a list of referrals?
• Does their agency support local causes in Greensboro?
• If you are a high risk driver, do they have special markets for your coverage?
• Is the agent properly licensed in North Carolina?
• Do they reduce claim amounts on high mileage vehicles?
• Are you getting all the discounts the company offers?
• Does the company have a solid financial rating?

Compare rates from both independent and exclusive car insurance agents

When narrowing the list to find a reputable insurance agent or broker, it’s helpful to know the different types of agents that you can choose from. Agents can be classified as either exclusive or independent. Both types of agents can handle insurance, but it’s good to learn the difference between them because it may have an impact on your selection of an agent.

Exclusive Agencies

Agents of this type have only one company to place business with and some examples include AAA, State Farm, Farmers Insurance, and Allstate. They generally cannot provide prices from multiple companies so it’s a take it or leave it situation. Exclusive agencies are trained well in insurance sales which helps them sell on service rather than price.

Below is a list of exclusive agents in Greensboro who can help you get comparison quotes.

View more agents

Independent Insurance Agencies

Independent agents often have many company appointments and that enables them to quote your coverage through lots of different companies depending on which coverage is best. To move your coverage to a new company, they can switch companies in-house which makes it simple for you. If you are trying to find cheaper rates, you will want to include price quotes from at a minimum one independent agency to maximize your price options.

Listed below is a list of independent insurance agencies in Greensboro that can give you comparison quotes.

View more agents

Three reasons to not skimp on car insurance

Even though it’s not necessarily cheap to insure a Saturn in Greensboro, insurance is a good idea for several reasons.

First, almost all states have mandatory liability insurance requirements which means the state requires specific minimum amounts of liability protection in order to drive the car legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you have a lien on your car, almost every bank will make it a condition of the loan that you carry insurance to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Saturn at an extremely high rate and force you to pay for the expensive policy.

Third, insurance protects not only your vehicle but also your assets. It will also pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability insurance also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to have it repaired.

The benefits of buying enough insurance definitely exceed the price paid, particularly when you have a large claim. Despite what companies tell you, the average driver is overpaying over $820 a year so compare quotes from several companies at every renewal to be sure current rates are still competitive.

One last thing to lower rates

Cheap Saturn VUE insurance in Greensboro can be purchased online as well as from independent agents in Greensboro, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and most of the time these smaller providers work with independent agents.

Throughout this article, we presented many ideas to reduce Saturn VUE insurance prices online in Greensboro. It’s most important to understand that the more providers you compare, the higher the chance of saving money. You may even discover the best price on insurance is with some of the smallest insurance companies. They may only write in your state and offer lower rates as compared to the big name companies such as State Farm, GEICO and Nationwide.

Additional detailed information is located in these articles:

• What Does No-Fault Insurance Cover? (Allstate)
• Who Has Affordable Auto Insurance Rates for a 20 Year Old Male in Greensboro? (FAQ)
• What Insurance is Cheapest for High Risk Drivers in Greensboro? (FAQ)
• How Much are Greensboro Car Insurance Quotes for a 20 Year Old Female? (FAQ)
• What Insurance is Cheapest for a Ford Fusion in Greensboro? (FAQ)
• Who Has Cheap Auto Insurance for Used Cars in Greensboro? (FAQ)
• How Much are Car Insurance Quotes for Infrequent Drivers in Greensboro? (FAQ)
• Who Has the Cheapest Greensboro Auto Insurance for Electric Cars? (FAQ)
• Understanding Limits and Deductibles (Allstate)
• Insurance Losses by Make and Model (iihs.org)
• Property Damage Coverage (Liberty Mutual)