The most effective way to save on Pontiac Grand Prix insurance in Greensboro is to do an annual price comparison from insurance carriers who provide auto insurance in North Carolina. This can be done by completing these steps.
- Step 1: Read about how your policy works and the steps you can take to keep rates in check. Many risk factors that result in higher rates like your driving record and a bad credit score can be remedied by improving your driving habits or financial responsibility.
- Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like GEICO or State Farm, while independent agents can provide price quotes from multiple companies.
- Step 3: Compare the new rates to your existing policy to see if a cheaper rate is available. If you can save money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
A key point to remember is to use identical coverage information on each price quote and and to get price quotes from every company you can. Doing this ensures an apples-to-apples comparison and a thorough selection of prices.
It’s a fact that auto insurance companies don’t want you to look at other companies. Insureds who do rate comparisons will most likely move their business because there is a high probability of finding lower rate quotes. A recent insurance study discovered that people who shopped around annually saved $3,500 over four years as compared to drivers who don’t make a habit of comparing rates.
If finding the cheapest rates on Pontiac Grand Prix insurance is the reason for your visit, then learning a little about how to compare insurance rates can make it easier to find better rates.
If you are already insured or just want a better rate, you can follow these tips to reduce the price you pay without reducing protection. Finding quotes for the best-priced coverage in Greensboro is not that difficult. Drivers just need to use the quickest method to compare different rates online.
Six factors that influence insurance premiums
Lots of factors are part of the calculation when you get a price on insurance. Some are pretty understandable such as traffic violations, but other criteria are not quite as obvious like your continuous coverage or how financially stable you are.
The list below includes most of the major factors utilized by car insurance companies to help set your premiums.
Keep insurance claims to a minimum – If you tend to file frequent claims, you can look forward to higher rates. Companies in North Carolina give lower rates to drivers who do not file claims often. Insurance coverage is intended for claims that you cannot pay yourself.
Alarm systems save money – Buying a car with anti-theft technology or alarm system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping auto theft and help lower rates.
Rural areas have lower rates – Residing in small towns and rural areas has definite advantages when insuring your vehicles. Fewer drivers on the road means fewer accidents as well as less vandalism and auto theft. People who live in big cities have traffic congestion and more time behind the wheel. Longer commute distances can result in more accidents.
Women pay lower rates – Over the last 50 years, statistics have shown women are more cautious behind the wheel. However, this does not mean women are BETTER drivers than men. They both are in accidents in similar numbers, but the male of the species cause more damage. Men also get more serious tickets such as reckless driving.
Always keep your auto insurance policy in force – Not maintaining insurance is against the law and you may have a hard time finding new coverage because you let your insurance expire. Not only will rates go up, getting caught without coverage could earn you a hefty fine and possibly a revoked license.
Do you save by driving less? – The higher the miles on your Pontiac each year the more you’ll pay to insure it. Most companies charge rates partially by how you use the vehicle. Autos that are left in the garage can get a lower rate than cars that get driven a lot. Having the wrong rating on your Grand Prix is just wasting money. It’s a good idea to make sure your declarations sheet states annual mileage, because improper ratings can cost you money.
Take policy discounts and save on Pontiac Grand Prix insurance in Greensboro
Some insurers do not advertise all their discounts very clearly, so the following is a list of a few of the more well known and also the lesser-known credits available to bring down your rates.
- Defensive Driving Course – Participating in a course teaching driver safety skills can save you 5% or more if your company offers it.
- Government Employees – Being employed by or retired from a federal job could cut as much as 10% off with select insurance companies.
- Renewal Discounts – Some companies provide a discount for renewing your policy before your current expiration date. This can save 10% or more.
- Theft Deterrent Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems help deter theft and can earn a small discount on your policy.
- Own a Home and Save – Owning your own home or condo may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
While discounts sound great, it’s important to understand that some credits don’t apply to the whole policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So even though you would think you would end up receiving a 100% discount, companies don’t profit that way.
Larger car insurance companies and some of the premium reductions they offer can be read below.
- State Farm offers discounts including defensive driving training, Drive Safe & Save, accident-free, passive restraint, student away at school, and good student.
- GEICO includes discounts for daytime running lights, anti-theft, air bags, seat belt use, membership and employees, emergency military deployment, and federal employee.
- Progressive has discounts for good student, multi-vehicle, homeowner, multi-policy, and continuous coverage.
- 21st Century discounts include early bird, anti-lock brakes, teen driver, homeowners, driver training, and automatic seat belts.
- American Family may have discounts that include Steer into Savings, bundled insurance, mySafetyValet, defensive driver, early bird, and good driver.
- The Hartford policyholders can earn discounts including defensive driver, good student, driver training, air bag, anti-theft, and vehicle fuel type.
- AAA offers discounts for anti-theft, good student, multi-car, good driver, and multi-policy.
When quoting, ask each company the best way to save money. A few discounts might not apply everywhere. To see providers that offer discounts in Greensboro, follow this link.
Quote more to save more
People who switch companies do it for a number of reasons such as delays in paying claims, delays in responding to claim requests, questionable increases in premium or lack of trust in their agent. It doesn’t matter what your reason, finding a new company can be less work than you think.
Some insurance providers do not provide rate quotes online and these small, regional companies sell through local independent agencies. Cost effective Pontiac Grand Prix insurance is available on the web and with local Greensboro insurance agents, and you should compare rates from both to get a complete price analysis.
You just read a lot of tips how to get a better price on Pontiac Grand Prix insurance in Greensboro. The key thing to remember is the more quotes you get, the better your chances of lowering your car insurance rates. Consumers could even find that the most savings is with an unexpected company.
Additional insurance information is located at these links:
- Uninsured Motorist Statistics (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates with Multiple Speeding Tickets in Greensboro? (FAQ)
- Who Has Cheap Auto Insurance Rates After a Speeding Ticket in Greensboro? (FAQ)
- Who Has Affordable Auto Insurance Rates for a 20 Year Old Male in Greensboro? (FAQ)
- How Much is Greensboro Car Insurance for Drivers with Bad Credit? (FAQ)
- Who Has the Cheapest Car Insurance Rates for a Learners Permit in Greensboro? (FAQ)
- Who Has Cheap Auto Insurance for Drivers with Good Credit in Greensboro? (FAQ)
- Who Has Affordable Car Insurance for Immigrants in Greensboro? (FAQ)
- Side Impact Crash Tests (iihs.org)
- Should I Buy a New or Used Car? (Allstate)