A recent study showed that a large majority of insurance policyholders have stayed with the same insurance company for at least the last four years, and just short of a majority have never compared rate quotes at all. With the average premium in North Carolina being $976, drivers could cut their rates by $100 a year just by shopping around, but they just assume it’s a time-consuming process to find lower-cost insurance rates.
If you want to find the absolute lowest rates, then the best way to find cheaper prices for Suzuki XL-7 insurance is to make a habit of regularly comparing prices from providers in Greensboro.
First, take a few minutes and learn about how auto insurance works and the things you can control to prevent rate increases. Many risk factors that cause rate increases such as accidents, traffic violations, and a bad credit rating can be rectified by making lifestyle changes or driving safer.
Second, get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes for many different companies.
Third, compare the new rate quotes to your current policy premium to see if switching to a new carrier will save money. If you can save money and change companies, verify that coverage does not lapse between policies.
The key thing to remember is to compare the same physical damage deductibles and liability limits on each price quote and to quote with as many different insurance providers as possible. Doing this provides a fair rate comparison and plenty of rates choose from.
If you are already insured, you will be able to reduce the price you pay using these methods. Shopping for the lowest cost policy in Greensboro is not as time-consuming as you think. But North Carolina vehicle owners must know how big insurance companies charge you for coverage.
Cheapest Suzuki XL-7 insurance quotes in Greensboro
Just keep in mind that getting more free quotes will improve the odds of getting a lower rate than you’re paying now. Some insurance companies are not set up to provide rate quotes online, so it’s important to compare price estimates from the smaller companies as well.
The following companies are ready to provide free rate quotes in North Carolina. If your goal is to find the best cheap auto insurance in Greensboro, NC, it’s highly recommended you visit several of them in order to get a fair rate comparison.
Lower-cost Greensboro car insurance rates with discounts
Not many people think insurance is cheap, but there could be significant discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically when you get a quote, but occasionally some discounts must be manually applied before being credited. If you are not receiving all the discounts you qualify for, you are just wasting money.
- Sign Online – A handful of insurance companies give back up to $50 shop Greensboro car insurance online.
- Distant Student – Children who are enrolled in a college that is more than 100 miles from Greensboro and leave their car at home can be insured at a reduced rate.
- Air Bag Discount – Vehicles with factory air bags may earn rate discounts up to 30%.
- Save with More Vehicles Insured – Buying insurance for multiple cars on one policy could earn a price break for each car.
- Accident Waiver – This one is not really a discount per se, but some companies like GEICO, Progressive, and Allstate may permit one accident before your rates go up if you have no claims before the accident.
- Drive Less and Save – Low annual miles could earn slightly better prices than normal.
- Memberships – Affiliation with certain professional organizations could trigger savings when shopping for car insurance.
- Greensboro Homeowners Pay Less – Just being a homeowner can help you save on car insurance because maintaining a house requires personal responsibility.
- Anti-lock Brake Discount – Cars, trucks, and SUVs that have anti-lock braking systems can avoid accidents so companies give up to a 10% discount.
One last thing about discounts, many deductions do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like comp or med pay. So even though you would think you can get free auto insurance, you won’t be that lucky.
To view insurers that offer many of these discounts in North Carolina, click this link.
Insurance agent or online?
Some consumers just want to sit down with an agent and doing so can bring peace of mind An additional benefit of getting free rate quotes online is that drivers can save money and get lower premium rates and still choose a local agent. Buying from and supporting local insurance agencies is important particularly in Greensboro.
After completing this simple form, the quote information is instantly submitted to companies in Greensboro who will give you quotes for your insurance coverage. You won’t need to contact any agents because quoted prices will be sent to your email. You can get cheaper auto insurance rates without a big time investment. If you want to compare prices for a specific company, you can always search and find their rate quote page and fill out the quote form the provide.
If you’re trying to find a reputable insurance agent or broker, it’s important to understand the different types of agencies that you can select. Greensboro agents can be described as either exclusive or independent agents depending on their company appointments.
Independent Agents (or Brokers)
Independent agencies often have many company appointments so they can quote policies with many different companies and help determine which has the cheapest rates. If your premiums go up, they simply move your policy to a different company and the insured can keep the same agent. When comparing rate quotes, you definitely need to include price quotes from multiple independent agents to have the best price comparison. Most have the option of insuring with mutual insurance companies which may have better rates.
Featured below is a short list of independent agents in Greensboro that may be able to give competitive price quotes.
- Pelnik Insurance
3828 Burlington Rd – Greensboro, NC 27405 – (336) 621-5057 – View Map
- Latorre Insurance
4131 Spring Garden St – Greensboro, NC 27407 – (336) 609-7027 – View Map
- Nationwide Insurance: Jenkins Insurance Agency Inc
3907 W Market St a – Greensboro, NC 27407 – (336) 854-7900 – View Map
Agents that elect to be exclusive can only provide pricing for a single company like State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents cannot compare rates from other companies so it’s a take it or leave it situation. Exclusive agents are usually well trained on what they offer which helps offset the inability to provide other markets. A lot of people buy from the same agent for years mostly because of the brand legacy rather than low price.
Below is a short list of exclusive agents in Greensboro willing to provide rate quotes.
- Necota Smith Jr – State Farm Insurance Agent
2607 Randleman Rd Ste B – Greensboro, NC 27406 – (336) 274-1983 – View Map
- Pam White – State Farm Insurance Agent
2608 Oakcrest Ave – Greensboro, NC 27408 – (336) 282-1111 – View Map
- Allstate Insurance: Terrence Williams
2109 New Garden Rd D – Greensboro, NC 27410 – (336) 282-0461 – View Map
Picking the best insurance agent requires more thought than just the premium amount. Here are some questions you might want to ask.
- By raising physical damage deductibles, how much would you save?
- How often do they review policy coverages?
- What is their Better Business Bureau rating?
- Will a damage claim use OEM or aftermarket replacement parts?
- Who are their largest clients?
- What are their preferred companies if they are an independent agency?
- Will your rates increase after a single accident?
Car insurance coverage basics
Understanding the coverages of your car insurance policy can help you determine the best coverages for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement.
Uninsured or underinsured coverage
This gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.
Since many North Carolina drivers only purchase the least amount of liability that is required (North Carolina limits are 30/60/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these limits are set the same as your liability limits.
Medical expense coverage
Med pay and PIP coverage pay for expenses for dental work, X-ray expenses and rehabilitation expenses. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage
This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things like vandalism, hitting a bird and hitting a deer. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.
This coverage protects you from damage or injury you incur to other’s property or people in an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 30/60/25 which means $30,000 in coverage for each person’s injuries, $60,000 for the entire accident, and property damage coverage for $25,000. Another option is a combined limit which provides one coverage limit without having the split limit caps.
Liability insurance covers things like medical services, attorney fees and emergency aid. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford. North Carolina requires minimum liability limits of 30/60/25 but you should think about purchasing better liability coverage.
The next chart demonstrates why the minimum limit may not provide you with enough coverage.
Collision insurance pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like damaging your car on a curb, crashing into a ditch, sideswiping another vehicle and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also raise the deductible on your XL-7 to bring the cost down.
Shop around and save
Insureds change insurance companies for many reasons like denial of a claim, being labeled a high risk driver, unfair underwriting practices or even not issuing a premium refund. Regardless of your reason, finding a new insurance company is not as difficult as it may seem.
As you prepare to switch companies, it’s not a good idea to buy poor coverage just to save money. In too many instances, drivers have reduced liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your goal is to buy enough coverage at the best cost while still protecting your assets.
In this article, we presented a lot of techniques to get a better price on Suzuki XL-7 insurance in Greensboro. The key thing to remember is the more times you quote, the higher your chance of finding inexpensive Greensboro car insurance quotes. You may even be surprised to find that the best rates are with a company that doesn’t do a lot of advertising.
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Who Has Affordable Car Insurance for Immigrants in Greensboro? (FAQ)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Auto Insurance Basics (Insurance Information Institute)