If you find yourself wondering why someone else has a lower car insurance quote than you even though you asked the same company, it’s because no two people are the same when it comes to car insurance. It’s one of the most important things you’ll ever purchase, and it’s something you cannot live without. That doesn’t mean it’s fun to pay for or that you have to overpay for insurance, but you do need to know what makes your insurance rates more affordable and what makes them more expensive. Understanding why you are paying more for insurance than someone else is helpful, and it also helps you understand where you might be in terms of quotes when you begin looking.
Washington has a minimum insurance requirement for all drivers, and that includes those who own their car outright. There is a misconception that you can choose to have insurance or not when you drive a car you own outright, but this is not the case. All drivers are required to carry at least the minimum amount of insurance recommended by the State of Washington.
- $25,000 bodily injury liability per person/$50,000 per accident
- $10,000 property damage liability per accident
That’s all the state requires, and it’s far less than many other states make drivers carry. This does not mean it’s good insurance or that you are financial covered in the event you cause an accident. This is simply the amount your insurance company is required to pay if you are the cause of an accident. If the victims are injured and need more than this paid for medical bills or the repairs or property damage exceed the allotted amount, you’ll come out of your own pocket to pay the rest. Can you afford that?
Military Drivers in Washington
If you are an active or retired member of the military or the immediate family member of an active or retired member of the military, USAA offers massive discounts on car insurance. Rates are not made public, because this is a company that works only with service men and women and their families. In every category we list today, you’ll find that USAA is the least expensive option.
Good Driver Rates
If you’ve caused an accident, received a ticket, or been convicted of DUI, you are not considered a good driver in Washington. You must have an absolutely clean driving record to receive the kind of rates these drivers receive, and it’s for a good reason. Insurance companies want to work with those who have the best driving abilities, because those are the people who are lease likely to cause an accident or file a claim on the road. GEICO offers the best rates for good drivers at $805 per year. That’s followed closely by Pemco Insurance at $849 per year, and Farmers Insurance at $913 per year.
Bad Credit Driver Rates
Your credit score is often one of the biggest determining factors in your car insurance rates. Not many drivers consider this fair, and that’s an accurate opinion. Car insurance companies use credit to determine the riskiness of a driver, and they might not always be right. A driver with bad credit is more likely to file a claim than a driver with good credit, and they are considered more dangerous drivers than those with good credit. This means they pay more, and it’s not easy to find a good rate. Safeco Insurance is the cheapest with a starting quote of $1,004 per year for bad credit drivers. GEICO comes in second with a rate of $1,117 per year, and Pemco Insurance places third with a starting rate of $1,402 per year.
Retired Driver Rates
One reason rates are so high for so many people is their commute. If you live far from your office or you travel often for work, your rates are higher because you are on the road more often. If you are retired, you’re not on the road every single day, at least in the eyes of your insurance agency you are not on the road as often. This means your rates drop when you retire, and you can pay as little as $600 per year with GEICO, $707 per year with State Farm, and $812 per year with American Family Insurance.
Improving Your Rates
- Buy a newer car with a smaller engine
- Buy a car with a good safety rating
- Move to a safer, more affluent neighborhood
- Improve your credit score
- Get married
- Drive safely
In general, new cars are less expensive to insure than older cars. This is because they have newer parts that are easier to find, and they come equipped with more safety features. New cars come standard with many safety features cars a little older did not come with or were only sold with as an option many people chose not to purchase. SUVs are generally less expensive to insure since they are larger, but anything with a big engine is more expensive to insure.
If you live where the crime rate is high, your rates are higher due to the increased likelihood of being robbed, vandalized, or even taken. If you live where people don’t make much money, chances are good you’ll pay more to make up for the many people who drive in your area without insurance.
By improving your credit score and driving safely, you can improve the rates you are given by insurance companies. You cannot make an insurance company offer you a lower rate, but you can ask them to give you a deal if you are a customer with a good driving history and a long history with their company. You can also ask for discounts if you have the ability to pay your fees up front and not make monthly payments. There are always savings available if you know where to look.
Wisconsin requires car insurance for every vehicle on the road. This mitigates the financial burden on yourself and anyone that is in an accident. The state has a number of laws in regards to this coverage, including minimums, alternatives and penalties for those who do not get insurance. It’s important to understand the different criteria involved and to choose the correct plan for your needs.
How Insurance Works in Wisconsin
Car insurance is mandatory in Wisconsin. Every owner of a vehicle has to have a minimum amount of insurance to legally operate said motor vehicle. This insurance is designed to cover costs in the event of a motor vehicle accident. Minimum coverage includes liability and uninsured motorist coverage. However, there are additional coverage options for those interested in a more robust insurance plan.
This insurance coverage is used in the event you are responsible for a motor vehicle accident. It pays for property damage, injuries and death.
Liability breaks down like this:
- $25,000 per person for injuries sustained.
- $50,000 total per accident for injuries sustained.
- $10,000 in property damage.
An uninsured or underinsured motorist is someone who does not have coverage or has a minimal amount that does not comply with Wisconsin statutes. If you are in an accident with one of the people, this part of your policy will cover any damage or injuries caused by this occurrence.
- $25,000 for injuries.
- $50,000 for accidents.
You can add additional coverage to your policy for events that are unforeseen but could cause a heavy financial burden when they happen.
Types of insurance that can be added:
Proof of Insurance
- Collision – Covers auto damage after a traffic accident. Required when leasing or taking a loan for a car purchase.
- Comprehensive – Covers non-traffic related expenses such as theft, fire and vandalism. Again, necessary when getting a loan or lease.
- Rental car reimbursement – The policy will cover the costs of a rental vehicle while yours is being repaired.
- Additional medical coverage – With the rising costs of healthcare, the minimum coverage may not be enough to cover all expenses. This will provide you with additional financial support.
- Towing and Repair – Events occur when we least expect them, this coverage will account for getting your vehicle to a shop and repaired to the amount the policy covers.
You are required to present your proof of insurance if you are in an accident or pulled over by a law enforcement officer. However, you do not need to show it when you apply for a driver’s license or register your vehicle.
Driving without the state’s minimum insurance will result in fines. If you are pulled over and don’t have your insurance card or another valid form of insurance, you may be given a $10 fine. In the event you don’t have any insurance, the courts can levy a fine of up to $500.
For violations and other specific reasons, you may be issued an SR-22 certificate. This is required to prove that the driver will hold the minimum insurance. This certificate is issued for a specified time frame.
For example, you will need an SR-22 if you:
- Have your driver’s license and vehicle registration reinstated after a suspension.
- Are convicted in a court of law of a DUI.
- Plan on getting a commercial driver’s license.
While it is mandatory to have car insurance in the State of Wisconsin, it is also legal for the insurance companies operating in that state to deny coverage based on certain criteria. To the company, this makes you a high-risk driver and it has the right to deny you coverage.
The insurance company can also drop insurance based on certain factors that may develop while you use their company such as chronic claims or failure to pay the premium. If you have any questions about being dropped from a company, you can contact the Wisconsin Office of the Commissioner of Insurance.
Using the Wisconsin Automobile Insurance Plan
In order to create a system in which the option for insurance still exists, the state has developed the Wisconsin Automobile Insurance Plan. Leveraging the systems and infrastructure of the existing insurance companies, the state’s government regulates this program. This guaranteed coverage plan allows you to utilize any insurance company in the state to register you with the program.
The caveat to this is the fact that the insurance company you work with cannot be the same as the one that offers you the coverage. It’s important to understand that this plan comes with a higher cost than traditional car insurance, making it necessary to keep looking for coverage in the traditional marketplace.
How Does an Insurance Company Decide My Rate?
Insurance companies use a variety of criteria to decide the correct premium to charge you. They look at everything you’ve done in the past to decide the likelihood of an accident or a claim, helping to minimize the risk to their business model.
Criteria for your insurance rate:
Are There Any Discounts I Can Get?
- Type of car you drive – Make, model and year.
- Driving record – Traffic tickets and DUIs.
- History of insurance – Maintaining unbroken insurance.
- Location – Living in a high traffic or high crime area.
- Credit history – The better your credit, the less you pay.
In order to limit the amount you are spending on your premium, you can look into deductions offered by insurance companies in Wisconsin. It’s important to ask your agent or representative which ones work for you or if there is anything company-specific that can have a reduction in cost.
Discounts offered to those who:
- Minimize traffic violations and don’t get a DUI.
- Own multiple vehicles.
- Own a home.
- Have a student on your insurance that gets good grades.
One of the things insurance companies look for when quoting a premium is where it ranks on the stolen vehicle list. This is a comprehensive ranking of the top cars stolen in Wisconsin.
- Dodge Caravan.
- Honda Accord.
- Chevrolet Pickup (Full Size).
- Honda Civic.
- Dodge Intrepid.
- Chevrolet Impala.
- Chrysler Town & Country.
- Jeep Cherokee/Grand Cherokee.
- Dodge Stratus.
- Toyota Camry.
Grappling with student loans can be financially draining for a student. The last thing any student wants is to have to pay more for anything especially car insurance. Students and young drivers, in general, are considered high-risk clients by insurance companies. Statistics on young drivers involved in car accidents are indicative of the high risk involved in insuring students.
According to the AA about one in every 8 young drivers is involved in traffic collisions before the age of 25. Apart from speed, young drivers can be easily distracted on the road especially when using their smartphones. Most young drivers are also charged with driving under the influence of alcohol or other drug substances.
The actual picture on the ground is that young drivers have to settle for higher car insurance rates. While price comparison will get you cheaper rates as a young driver, the premiums will still be slightly higher. There are several tips you can use as a young driver in West Virginia to reduce the premium payments on your car loan as discussed.
Pick a cheaper model
Young drivers have big dreams when it comes to their first car. However, if it costs a fortune to insurer your first car, then you should consider shelving your dreams for later. As a first car, go for a cheaper model with a lesser speed limit. Normally, fast vehicles attract higher premiums. If you add this to the fact that you are a young driver, then the rates will hike dramatically.
Keep car modifications to a minimum
Again, your drivers cannot wait to pimp their cars after buying them. They want the latest alloy wheels, body kits, and top notch hatchback renovations. While this will get you all the attention you want, it could hurt your pocket. Modifications can hike your premiums significantly especially if you have a fast car. Again, a modified cars attract thieves, and this only increases the insurable risk to a greater degree. Modifications should be kept to a minimum, again strive to use cheaper options when upgrading your car. If you must modify your car, speak with an insurer so as to know the extra amount you will pay as a result of car modifications.
Take up a black box policy
In West Virginia, black box policies are also referred to as telematics. Technology has led to safer driving, and insurance providers now have “smart Policies” for their customers. Telematics is the use of an app which is installed in the car to monitor the driving behavior and patterns. If the insurance company establishes that you are a safe driver, then they will reduce the payable premium amount. As opposed to assuming that every young driver is reckless, these “smart’ policies ensure fair pricing based on an individual’s driving habits. These black box policies top the list of the easiest ways to obtain cheaper rates for young drivers. Drivers can save up to $1000 on average in a standard policy.
Consider making annual payments
Given that you will get slightly higher premium rates as a young driver, you can sidestep the monthly interest charges if you pay annually. You also have more negotiating power with the insurance company if you pay a lump sum amount. You can earn huge discounts if you cover your premiums for the year at once.
Increase your excess
All is not lost if you cannot make a yearly payment. You can opt to make a higher voluntary excess to top up the one stipulated on the cover. This can reduce your premium payments by a large figure. However, you need to make sure that you can comfortably pay for the excess for the duration of the cover. Accidents can be very expensive and in most cases, the minimum cover stipulated in West Virginia is not sufficient to cater for all the medical costs and other externalities. Statistics also show that young drivers are highly likely to file a claim within their first year.
Accurately determine the level of cover you need
Among the car insurance plans offered in West Virginia, the comprehensive plan is the most expensive. This is because it covers all the costs you incur plus the damages caused by other drivers. Third party insurance covers for any claims made against you in an accident. It will also cater for repairing the other driver’s car. However, you will have to bear the cost of repairing your own vehicle. It is, therefore, imperative that you establish how much you can afford in the event of an accident. Paint the worst case scenario and gauge how this would affect your finances.
Consider adding a named driver
Adding a named driver can also get you reduced premiums. The named driver should be preferably older, more experienced and someone with a good driving record. However, you need to be careful not to get on the wrong side of the law. It is unlawful to add a named driver while they are actually the main driver. This is known as “fronting, ” and it can cause a claim to be denied.
Increase security to limit risk
Adding safety features such as anti-theft devices, alarms or an immobilizer can also help you negotiate better terms. Parking your car safely and not in the streets will also increase your chances of better rates in future. You can also offer proof of regular and quality checkups. Well maintained cars are more efficient.
Get good grades
Yes, good grades pay. Insurance providers have special discounts for students who get good grades.
Young drivers and new drivers are classified in the same category in West Virginia. For new drivers, the car insurance company is taking a risk on the driver’s inexperience. The same tips for young drivers can be used for new drivers to reduce the level of risk.
Insurance rates never stay the same, and it’s not uncommon for them to change each year and even more often than that. Since insurance is one of the most important things you purchase, it’s important it meet several standards. It should fit into your budget. It should cover what you need covered, and it should be a policy you’re comfortable with. Since car insurance can save you from a potential financial disaster, it’s imperative you understand purchasing only the minimum coverage is not always enough. The cheapest policy is not the best policy, and paying less monthly is sometimes more expensive if you are the cause of an accident.
What Affects Vermont Insurance Rates?
There are many factors associated with insurance rates in Vermont, and not all of them apply to every driver. If you wonder why your rates are not as low as someone else’s rates, it might have something to do with your personal situation.
– Bad credit equal more expensive premiums
– Drivers younger than 25 pay higher rates
– Retired drivers pay lower rates
– Living in a high crime area means higher rates
– Living in a low socioeconomic area means higher rates
– Causing an accident, being arrested for DUI, or having any moving violations means higher rates
So many variables affect the amount you pay for car insurance in Vermont it’s difficult to know what you might pay before you are given a quote. No two drivers have the same insurance quote, which is why you provide so much information when you apply for a simple quote. Knowing where to begin looking can be a bit overwhelming for many Vermont residents, which is why we’ve taken the time to figure out which companies offer the lowest rates for specific drivers.
If you have a car in Vermont, you’re required to carry insurance .There is no law that allows you to forgo insurance simply because you do not have a car loan. You must pay no matter what, and you must meet these standards.
- $25,000 bodily injury per person/$50,000 per accident
- $10,000 property damage for crash
- $50,000 uninsured motorist per person/$100,000 per accident
- $10,000 uninsured motorist property coverage per accident
Rates for Good Drivers
The rates offered by some Vermont car insurance companies for good drivers are less than they are for many drivers in many other states. This is an advantage for you if your driving history is clean, and you’ve never been issued a ticket of any sort. GEICO offers the lowest rates in 2017 for good drivers. The starting quote is $650 per month, which is almost half what the third most affordable policy costs. That one comes from Nationwide, and it’s more than $1,067 per month. The highest rates from any company in the state for a good driver is $3,360 per year.
Rates for Drivers Younger than 25
Most people this age don’t pay for the most comprehensive car insurance policy, which is why most people compare rates for more affordable plans. The best plan is offered by GEICO, and it runs $363 per year. This is an amount that doesn’t offer as much coverage, but does offer more than the minimum. You won’t find things like rental insurance or other benefits along with this policy, but you will find you can do more with this policy than the bare minimum if you are involved in an accident that’s your fault.
Rates for Drivers with Bad Credit
Unfortunately, many car insurance companies view your credit score as an indicator of just how responsible you are with your money. If you have a low credit score, they’ll view you as a riskier driver. One of the biggest reasons they do this is because they feel drivers with bad credit are more likely to make more claims for small issues than other drivers since they can’t afford the fix themselves. Another reason is they believe bad credit drivers are less responsible behind the wheel based on the level of responsibility they have with their finances.
The best rates for bad credit drivers come from Ci Co-Operative insurance, and it’s $879 per year. The next most affordable rate is from GEICO, and it’s $1,085 per year. This is followed by Nationwide with a rate of $1,087 per year. The difference is big between first and second, but almost the same from second to third.
Rates for Retired Drivers
The moment you retire from your career and stay home, you become less of a risk on the road. Not being forced to make a driver two times a day every workday makes you a safer driver. You’ll pay half what most other drivers pay with this discount, which is always welcome. GEICO allows retired drivers to pay rates that start at $624 per year. Ci Co-Operative Insurance allows you to pay a rate of $652 per year, and Nationwide charges you $980 per year.
There are always options if you feel the quote you’ve been given is not as low as it could be. For many drivers in Vermont, it’s as simple as checking your credit report to see if there are any mistakes on it that can be corrected to raise your score. For other drivers, it’s as simple as buying a newer car with better safety ratings or choosing your next home more carefully. Getting married can help a young driver with his or her rates, and driving safely always helps with rates.
Comparing rates with approximately 3 companies is another great way to ensure you are getting the best possible price for your insurance coverage. You can even call your own insurance company to let them know you’ve gotten lower quotes and would like to know if they would help you out by lowering yours so you don’t have to switch to a new company. Many are happy to do this, and you can get a great new rate without making a move.
Virginia, just like the other 50 states requires all drivers to have car insurance. There are several factors worth considering when shopping for car insurance. Insurers in Virginia offer different types of car insurance policies. It is important to know what is offered so that you can make an informed decision.
Bodily injury is a plan that protects the insured driver against claims arising from other injured parties if it is established that the driver was at fault. A liability cover pays for any damage to property caused by the driver in an accident. A collision policy will pay for damage costs caused by hitting a stationary object or car. A comprehensive covers pay for claims that are non-vehicular such as vandalism, theft or fire. Virginia car insurance providers also have an underinsured or uninsured motorist plan. This covers the policyholder in the event that they are involved in a vehicular accident caused by a person who in underinsured or someone who does not have any insurance.
What Constitutes Sufficient Cover in Virginia?
For starters, you must establish what constitutes sufficient cover. In Virginia, the State has set the minimum cover at $12, 500 for bodily injury per person, $ 7,500 for damage to property and $25,000 for all injured parties. In most cases, car owners will only go for a minimum cover to satisfy the state laws. However, time and time again, accidents have proven to be very expensive and the minimum cover is not sufficient. In most cases, car owners are left grappling with medical bills which can be financially draining.
A report by the U.S Department of Health and Human Services is indicative of this. In 2006, the average medical cost of being hospitalized after an accident was $23, 958 for about 4 days. If you only carry the minimum cover, then this cannot be nearly enough to cater for the full expenses. This means you may have to sell your assets to cater for the bills. This can be avoided if car owners obtain sufficient cover.
How are car insurance rates determined in Virginia?
Insurance providers consider several factors when determining premium rates such as the model of your car, make, driving history, driving record, credit history and deductibles. Higher deductibles earn lower premiums.
According to the NICB, there are certain cars that are considered high risk in Virginia. A report they released in 2013, put the following cars on the list of most likely cars to be stolen: Ford Pickup, Chevrolet Pickup, Chevrolet Impala, Dodge Caravan and the Buick Century.
Proof of Insurance in Virginia
When your car is registered in Virginia, you must provide a signed statement stating that you will always have proof of insurance when operating your car. By law, a car owner is expected to provide proof of insurance when they are involved in an accident, when requested by the traffic police or when the BMV randomly selects you.
The Bureau of Motor Vehicles conducts random insurance verification. These checks are aimed at ensuring that all vehicles on the road are insured. At one time, they can pick 5 percent of the registered car owners and ask them to submit their car insurance details to the BMV.
If you fall in the group of car owners selected, you are required to provide proof of insurance within 21 days. You may be held liable for insurance violation if you fail to provide evidence to show that you were insured at the time when you received the verification notice.
Virginia car insurance discounts
Car insurance providers in Virginia offer several discounts to their customers. This is in an effort to lure customers and gain a wider market share. The insurance industry is highly competitive to the advantage of the insurers. Car owners can benefit from several discounts under different categories.
Driver discounts are offered on the basis of age, student status, professional affiliations and driving history. Under this category, you can qualify for a discount if you can provide proof of being a safe driver. Drivers who have had few or no accident claims can negotiate for reduced premiums.
Good students in Virginia who maintain good grades can also get a special discount. Graduates can also qualify for reduced rates. Student discounts are particularly ideal because students are considered high-risk drivers and often have to contend with higher rates.
There are certain Virginia providers who also offer discounts for owners who get quality roadside assistance. You can provide proof of being in an auto club. The same applies for low mileage cars. Car insurance providers have mileage caps and offer discounts based on these limits.
Driver training for seniors and young drivers can also earn you a discount. You can enroll for an accredited driver’s course on safety and then use this to negotiate for reduced premiums.
The other category of discount is classified under vehicle discounts. These discounts are based on your car. Adding safety features such as anti-lock brakes, airbags, anti-theft devices can lead to major savings on your premiums. Efficient and new cars can also be discounted, if they do not have a high-speed provision. Sports cars and luxury cars attract higher premiums.
Car insurance discounts in Virginia can also be offered on the basis of the policy. Multi-vehicle discounts are given to policyholders who insure more than one car using the same provider. If you make full payments on your premiums for a consistent period of time, the insurance company may be inclined to offer you a discount upon renewal. Most insurers will also reward their loyal customers with better rates.
When exploring your options on car insurance quotes In Virginia, remember that the rates are not cast in stone. There is always room to negotiate and get better rates. The stiff competition in the car insurance industry works to the benefit of the car owners.
Utah is one of the cheapest states to get auto insurance in. The average cost is around $99 per month, which amounts to about $1,200 per year. This price is just an average and different insurance companies are going to offer various premiums. This is why it’s so imperative that you shop around with different companies to ensure you are getting the best rate you possibly can.
There are three main insurance companies that offer most of the coverage for Utah residents. Let’s take a closer look at each of these companies below.
Bear River Mutual
This is one of your cheapest bets when it comes to getting insured in the state of Utah. Bear River Mutual is a local insurance agency that operates only in Utah. Because it is a mutual company, all the insurance agency clients own a part of the enterprise. This allows the customers to redirect profits back into the business, which results in lower rates for those insured.
You can find local offices in West Valley, Murray, Provo, Salt Lake City, Richmond, Riverton, Ogden and many other towns. Bear River Mutual operates under different enterprise names in different locations across the state. Some of these include Rob Jackson Insurance Agency, Sprouse Insurance Agency, Sorensen Insurance Agency, A Insurance Agency, Heiners Insurance Center, and Advanced Insurance.
We’re sure you are pretty familiar with this insurance company as it’s offered nationwide. There is only one office in the state of Utah, which is located in Salt Lake City. Geico is mainly available online for those looking for auto insurance.
Due to their internet-based insurance system, Geico is able to offer lower rates. They don’t have the same overhead fees that other traditional insurance agencies have for things like buildings and offices. This allows them to offer you much cheaper rates that other brick-and-mortar style insurance agencies simply cannot afford.
This is another cheap insurance agency for Utah residents. This offers some amazing benefits along with a cheaper price on your auto insurance. Farm Bureau can save you money on rental cars, car repairs, new cars, car parts, and even trailer rentals. This major Bureau does require you to pay a membership fee to join, however, you can easily make your money back with all the discounts that are available throughout the state.
The above are typically the three cheapest auto insurance agencies in the state of Utah. Some other agencies include State Farm, Nationwide, Allied, Liberty Mutual, Allstate, and Cal Casualty. We highly suggest getting quotes from a least five different agencies before choosing which one to get your auto insurance coverage through.
What Affects Your Car Insurance Premium
There are a few main factors that go into deciding what your insurance premium is. These include your location, physical attributes, driving history, credit score, payment history and the vehicle you drive. While some of these factors you cannot change, there are some things you can do to ensure you get the cheapest auto insurance rate with the best possible coverage.
Credit Score – This is a large deciding factor on the rate that you get charged for your auto insurance premium. Those with excellent credit receive low rates, while those with fair credit receive high rates. You can easily increase your credit score in as little as a month. This is one way to see your insurance rates drop quickly.
Prepayments – Many insurance agencies will offer you a large discount if you prepay for your policy. These prepayments can be for six months or one year. Some agencies may even offer a two-year policy. If you can afford to, take advantage of prepayment discounts.
E-Statements – Some insurance companies are now charging a mailing fee for your monthly bill. They can save a bundle on things like stamps, paper, ink cartridges, and envelopes if you switch to electronic statements. They will typically pass on the savings to you.
Automatic Withdrawals – If you can’t afford to prepay your premium, then signing up for automatic withdrawals can help you save some green. Typically insurance agencies will give you a discount for allowing them access to your checking account for automatic withdrawals of your monthly payments. This is because with automatic withdrawals it greatly decreases your risk of defaulting on the policy.
By using these few changes above you can work towards getting one of the best auto insurance rates in Utah.
Texas roads are well traveled, which is why a good insurance policy is so necessary. The state requires all drivers have a minimum amount of coverage for their vehicle, but that doesn’t mean the minimum is the best option for you. Your car is worth more than the cheapest policy, and any accident can cause you to fall into financial distress thanks to an accident. Insurance is designed to protect you in case you cause an accident and must pay for the repairs, medical bills, and other damages associated with an accident. If your coverage doesn’t cover all the damages, you’re coming out of your personal pocket to pay those bills.
Finding the best coverage is a requirement, but you needn’t pay too much for it. It’s not nearly as difficult as many people imagine to find good car insurance with a good rate, but you must know where to look and what’s required. We always recommend paying for more than minimum coverage, but it’s a personal decision for all drivers.
- $30,000 bodily injury per person/$60,000 per accident
- $25,000 property damage liability
If you have this coverage, you’re considered a legal driver in Texas. If you don’t have this coverage and you get into an accident, you’ll be cited and held personally responsible for the cost of the accident if it was your fault.
What Affects Your Car Insurance Rates?
- Good credit
- Good driving record
- You’re older than 25
- You’re retired
- You live in an affluent community
If you have all of the above, you’ll pay the lowest rates for your car insurance. Those with bad credit are considered riskier drivers in Texas, and insurance companies charge you more money for your premiums. Not all companies charge more, but many view you as a liability if you have bad credit. You appear less responsible, you appear to be someone who might make more claims, and you appear to be someone who cannot be trusted to make your payments as they come due.
If you think you have a clean driving record, think again. The only way you’ll be considered a good driver is if you have nothing on your record. No tickets or other moving violations, no accidents in which you are the at-fault driver, and no DUI arrests. If you have even one ticket listed on your record, you’re no longer considered a good driver and you’ll pay a much higher rate. Your age is important, too. If you are younger than 25, you’ll pay more money for your insurance since you’re in the riskiest class of drivers. If you’re younger than 25 and married, you might have slightly lower rates.
Where you live is important, because you become more of a risk if you live in a high-crime area in which people don’t have as much financial affluence. They’re less likely to pay for their own insurance, which means you’re a greater risk to the insurance company for becoming a victim of an uninsured motorist claim. If you’re retired, you get a bit of a break on your rates since you aren’t making any commutes.
Good Driver Rates in Texas
If you have a good driving record, you get the lowest rates. While there are many companies that offer good rates to good drivers, the most consistent is GEICO followed by State Farm. Unfortunately, Texas car insurance rates are higher than many other states, so you’re not getting the same low rates as you might in another area. GEICO charges a minimum of $1,331 per year while State Farm wants $1,423 per year.
Young Driver Rates in Texas
You’ll want to get insurance for your car that’s going to cover you in case of an emergency, but you don’t want to go with the cheapest policy. The best rates for young drivers are often found with GEICO and Farmers Insurance.
Military Driver Rates in Texas
The most intelligent thing you can do if you are an active or retired member of the United States Armed Forces is call USAA. If you are an immediate family member of an active or retired member of someone in any branch of the Armed Services, you also quality for insurance with USAA. This is a private company that only allows military-connected members to apply for insurance, and they offer the best rates across the board.
You won’t find rates made public with this company, but you will find they have more to offer you than any other insurance company if you can get in. You’ll also find this company offers discounts for drivers who are being deployed and will not use their vehicles for a specific amount of time. It will help you save money while deployed.
Getting a Better Rate
If you’re not getting low rate quotes for insurance in Texas, it’s time to do yourself a favor and look into fixing a few things. If your car is old and not rated safely, you can replace it with a newer car with a better safety rating for a better rate. You can fix your credit, you can get married, or you can let your insurance company know you’ve retired, moved, or made any other significant life changes in the past few months. You can help lower your rate if you know how, which is why so many people are able to get much lower rates when they make a few calls.
You won’t receive the same rate quote as other drivers, but you will receive a quote from companies you can compare to others. Remember that the best rate is not always the best option if the coverage lacks in a specific area. You can raise your deductible to make a good policy more affordable, pay it all at once, or ask for discounts to help you with the cost.
Car insurance is one of the most important things to consider when owning a car in South Dakota. Depending on the type of car you own, where you drive it and other factors, your insurance rates can fluctuate significantly. In South Dakota, you are required to have a certain level of protection against financial burden for both you and the other car that are involved in a collision. No matter what, the best thing you can do to get a good deal on car insurance is to maintain a good driving record.
Required and Optional Insurance Coverage
The State of South Dakota has mandatory car insurance for any owner of a motor vehicle. The car must be covered for both liability and uninsured/underinsured driver insurance. This enables you to be protected for a certain dollar amount. In the event you hit another car, the liability coverage will pay for medical and property damage to the other vehicle and its passengers. If you are hit by a vehicle that does not have insurance or does not have enough insurance, you will be covered for any damage or injuries your car or yourself sustain.
Many accidents do not fit into this criteria. The minimum coverage required by South Dakota is very limited and may result in further out-of-pocket expenses. In addition, you may be interested in having peace of mind coverage such as paying for weather damage or being able to get a rental car.
Minimum liability insurance:
- $25,000 per person for bodily injury or death.
- $50,000 per accident for everyone for bodily injury or death.
- $25,000 for property damage.
Uninsured/underinsured driver insurance:
- $25,000 per person for bodily injury or death.
- $50,000 per accident for everyone for bodily injury or death.
Your Vehicle Policy
- Collision – Pays for the costs associated with damage to your vehicle regardless of who’s at fault.
- Comprehensive – Pays for damages not caused by accidents, but other events such as vandalism, fire or theft.
- Loan/lease – Covers the difference between the amount you owe and the actual value of the damaged car.
- Medical – Covers a certain portion of medical bills caused by an accident.
- Rental vehicle – Reimbursement for the cost of a rental car while the vehicle is being fixed.
- Towing and labor – Pays for towing away the vehicle after an accident and the labor costs associated with repair.
- Custom parts and equipment – Replaces any pieces of customization for the vehicle.
According to law, South Dakota mandates that all drivers have proof of insurance in their car at all times and must be given to a police officer if you get pulled over or otherwise asked. These documents need to include the company’s name, policy number and dates of coverage.
Types of proofs:
Penalties for Driving Without Insurance
In the State of South Dakota, driving without insurance is punishable through various methods.
- $100 fine.
- 30 days jail time.
- Up to one year of driver’s license suspension.
- Issuing na SR-22 form.
The SR-22 form is a mandatory proof of insurance that is issued for three years. It requires that you hold minimum insurance standards for at least three years. This must be filed by the insurance company every three years.
When Can an Insurance Company Drop You
Insurance companies have the right to drop you from their coverage at the end of your term with notice if you commit one of two different violations:
You Can Be Denied for Coverage in South Dakota
In South Dakota, it is legal for an insurance company to deny you coverage. This is usually done on the basis that you’ve had a poor driving record or some other factor that makes you a high-risk driver.
If this is the case, you still have the opportunity to get insurance by applying for the South Dakota Automobile Insurance Plan. While more expensive than private insurance companies, this state-mandated program offers insurance to those within the high-risk driver pool. Simply apply for the coverage through any insurance provider.
Another factor to consider with car insurance is the problem with fraud. Fraud is committed at an alarming rate.
Common forms of fraud:
- Faking a car accident.
- Falsifying an injury.
- Lying about repair estimates.
If you are having a problem with your insurance company or need to report fraud being committed by and individual, doctor or mechanic, please contact the South Dakota Division of Insurance.
How Insurance Companies Determine Premium Rates
Insurance companies use a plethora of criteria to determine what your insurance rate should be. It’s important to remember, however, that these various factors are weighed differently by each company, so it’s important to shop around to see which one gives you the best deal. A major consideration is the fact that while the companies may increase premiums for negative factors, they also deduct from the premium for other positive attributes.
These factors include:
- Age and gender – Younger women and older men get the best deals.
- How your vehicle is used – Is it used for work, recreation, etc.
- Driving record – Traffic violations, DUI, accidents, etc.
- Credit history – Do you pay your bills?
- Type of car – Make, model and year.
- Location – Where is the car kept?
- Good driver – Maintaining a good driving record.
- Multiple cars – Each car added to the policy reduces the overall cost.
- Safe driving training – Take a class to update your knowledge of traffic laws.
- Good student – If a minor is on the policy, you get a discount for him/her having good grades.
- Free of accidents – Don’t have any accidents.
- Safety devices – Airbags, automatic breaking system, car alarm, etc.
One of the most important things you can do to limit your costs for South Dakota coverage is to know if your car is one of those stolen on a regular basis.
- Ford Pickup (Full Size).
- Chevrolet Pickup (Full Size).
- Ford Taurus.
- Buick Lesabre.
- Dodge Pickup (Full Size).
- Pontiac Grand Prix.
- GMC Pickup (Full Size).
- Ford Explorer.
- Pontiac Grand Am.
- Chevrolet Impala.
Tennessee car insurance rates are not the most expensive in the country, but they’re also not the most affordable. No one can tell you with a solid black or white answer just how much you’ll pay for car insurance, because every driver is different. Insurance agencies in Tennessee consider several factors long before they issue you a quote, and what you get from one might differ significantly from what others you know were give as a quote from the same company.
Factors that Affect Insurance Rates in Tennessee
- Marital status
- Driving record
- Credit score
If you are younger than 25, you are considered a young driver. This is the law in every state, it’s not just the law in Tennessee. Drivers younger than 25 are the riskiest drivers on the road, which is why insurance companies often charge them more than anyone else. If you are a young driver, it’s also helpful to be a married driver. Being married is something that makes insurance companies assume you’re a bit more responsible, so they consider you a safer driver. It’s also helpful to have a good driving record at this age. A young age combined with a poor driving record often means your rates are so high you cannot afford them.
Where you live also matters to insurance agencies. The least risky drivers are those who live in a community with a low crime rate and good socioeconomic status. When there is a smaller risk of someone breaking into, vandalizing, or stealing your car, you pay lower insurance rates. If you live in a good neighborhood with a good socioeconomic background, you also pay less because most drivers are insured. If you choose to live in a neighborhood with more poverty, chances increase the other drivers in the area aren’t carrying their own insurance policies and yours will be responsible for paying if someone else hits you.
If you have a clean driving record with no accidents, no tickets, and no DUIs, you are a good driver. If you have accidents on your record that are not your fault, that’s all right. Those are not counted against you, and they’re going to make no difference. Your credit score also matters. If you are a low credit Tennessee resident, you’re paying more for your insurance than someone with good credit.
If you are employed, you will pay more. Retired drivers are on the road less and get better rates. Additionally, if you live close to work, you’re a less risky driver who will get a better rate. If you want the best rates for car insurance, you must shop around, compare prices at several car insurance agencies, and you must be sure you have a clean driving record and good credit. When several of the biggest insurance companies in Tennessee were contacted, several offered lower rates for drivers in specific categories than others. Knowing where to begin your search is helpful.
Where to Look if You Have a Good Driving Record
You’re a good driver, so you’ll get lower rates no matter where you shop around. If you want the lowest rates, though, you’ll look to GEICO, Farm Bureau Insurance, and Travelers. From $963 to $981 per year, there is less than $20 difference for good coverage for good drivers. This is the lowest in the state, but that doesn’t mean you can’t find a better rate if you choose to shop with other insurance companies as well.
Where to Look if You Are a Young Driver
You’re under 25 and resigned to paying more than your older friends. If you do have this issue, you’ll look to GEICO, Farm Bureau Insurance, and Travelers for the best rates. They have much lower rates than anyone else, and there is less than $30 separating the three and their rates. You’ll want to go with a good policy, however, because you can’t afford to pay for damages you cause in an accident if you cause one.
Where to Look if You Have Poor Credit
If your credit score is fair, bad, or poor, you need to do some serious shopping around. The rates you’ll pay can exceed double what other people pay, and many drivers consider this an unfair tactic. Farm Bureau Insurance offers quotes to poor credit drivers in Tennessee as low as $1,113 per year. GEICO offers rates as low as $1,452 per year, and Nationwide offers poor credit drivers rates as low as $1,584 per year.
Where to Look if You’re Retired
If you no longer make that drive to work on a daily basis, you get to reap the benefits of a less expensive insurance policy. Farm Bureau Insurance is your best option as they quote retired drivers as little as $758 per year for a good policy. State Farm offers quotes as low as $827 per year for retired drivers in Tennessee, and Travelers offers rates beginning at $992 for retired drivers.
As always, anyone who currently serves in the military or ever served in the military, or someone who is related directly to someone who did, is able to find lower rates with USAA. This is not a public offering, and it’s only available to those who were or are in the military or are immediately related to a person who is or was in the military. You’ll need to call for rates as they are not made available to the public, but these rates almost always beat the rates offer elsewhere.
If you can make some life changes before you look for a new insurance policy for your car, do it. If you can move to a safer neighborhood, fix your credit, or wait until your moving violations or at-fault accidents are more than 5-years-old on your driving record, you can probably find better insurance rates.
If you have been with one insurance company for a long time and have a good driving record, you can call them to see if they have any discounts to offer. Birthdays, marriages, divorces, babies, and any other life changes you experience can also affect your rates, which means you want to call when these things occur.
Although Wyoming is nicknamed the Equality State, the wide range of automobile insurance rates among Wyoming residents seems unfair. Auto insurance companies in Wyoming offer rates with a difference of over $400 annually, and it is important to keep in mind this only shows the difference in insurance rates between the most affordable insurance companies in the state.
What are the Auto Insurance Requirements in Wyoming?
According to The Rocky Mountain Insurance Information Association, the state’s mandatory auto liability insurance law states that any individual who drives a motor vehicle is required to purchase minimum limits of liability. In Wyoming, the minimum liability requirements that drivers must include in their insurance policy are $25,000 per person and $50,000 per accident for bodily injury and $20,000 per accident for property.
Drivers have the option of adding optional coverage to protect their losses in the event of an accident that involved an uninsured driver. Although it is the law for all drivers to have insurance, not all drivers will have insurance. According the Insurance Information Institute, 8.7% of Wyoming drivers were uninsured in 2012.
Medical Payments Coverage is another optional feature drivers are able to add to their insurance coverage plan. This coverage provides drivers with compensation for medical expenses in the event an injury occurred due to an automobile accident. For those who do not have health insurance, Medical Payments Coverage may be beneficial.
Although drivers are not required by Wyoming law to have collision insurance, many lenders require that drivers have collision insurance. Comprehensive insurance can be beneficial because it protects vehicle owners against fire, theft, glass damage, wind, hail, and other damages. However, individuals who own older vehicles should probably pass on this type of coverage to cut the cost of insurance premiums.
Although it is not required by law, drivers in Wyoming are recommended to carry more than the mandatory minimum coverage. It is important for individuals to carefully consider what type of insurance they need before purchasing a plan.
What are the Penalties for Uninsured Drivers in Wyoming?
Wyoming law requires every driver has auto insurance coverage. Drivers will need to have proof of insurance when they register their vehicles and anytime they drive. When a driver is caught driving without insurance, then they could face up to 6 months in jail and a $750 fine.
How to Determine Wyoming Car Insurance Rates
Drivers who are searching for automobile insurance quotes in Wyoming should keep in mind that insurance companies consider several factors when calculating rates, which include:
What Companies Offer the Most Affordable Auto Insurance in Wyoming?
- The vehicle’s make, year, and model;
- The driver’s age and gender;
- The primary use for the vehicle;
- Any deductibles;
- Where the vehicle is usually kept.
Drivers in Wyoming should obtain several quotes from different insurance companies. It is important for drivers to remember the company that offers the most affordable average rates may not be the company that offers the most affordable specific rate. The top 3 auto insurance companies in Wyoming that offer the most affordable rates are GEICO, State Farm, and Grange. However, drivers in Wyoming may also want to obtain quotes from other auto insurance companies such as California Casualty, Allstate, and Wyoming Average. When shopping for auto insurance, it is important to keep in mind that Allstate and State Farm had more than a $400 per month difference in rates.
Where Drivers Live has an Impact on Rates
Although it is simple for drivers to find the most affordable auto insurance quotes, drivers should keep in mind that where they live will have an impact on rates. In Wyoming, highly-populated cities that reported the lowest auto insurance rates were Sheridan, Green River, Rock Springs, and Cheyenne. Jackson, Buffalo, Worland, Lander, and Fort Washakie have the highest insurances rates among highly-populated cities in Wyoming. There are some insurance companies that offer different rates primarily based on location. GEICO offers cheaper rates in Cheyenne, Jackson, and Caster, and State Farm offers the lowest rates in Green River, Rock Springs, Laramie, and others.
How to Find a Trusted Auto Insurance Company
Those who are looking for a auto insurance company want the lowest rates, but it is also important for these individuals to find a reputable insurance company that provides excellent customer support. The Wyoming Department of Insurance keeps records of customer complaints that are filed against auto insurance companies. A review of the complaints showed the auto insurance companies with the smallest number of complaints filed were Mountain West Farm Bureau Mutual, Farmers, Mid-Century Insurance, Progressive, and others.
How to Know if Your Rates are Too High
Those who want to compare insurance rates should start by finding out the average amount drivers in their area pay for auto insurance, which will help a driver see if he or she needs to shop around for better rates. The state average for auto insurance in Wyoming is $959 per year, but drivers in Rock Springs, Cheyenne, and other cities pay less than the state average. Residents of Jackson, Buffalo, and Lander should keep in mind the rates in these cities are usually higher than the state average. Drivers need to remember that there are many other factors that influence insurance rates, which include age, gender, driving record, and more.
When to Start Looking for New Auto Insurance Coverage
Auto insurance rates can vary for a number of reasons, so it is beneficial for drivers to price insurance rates every few years. Although it may take some time to shop around for new auto insurance rates, it is an excellent way for drivers to see if other insurance companies offer more affordable rates. When drivers take the time to compare rates among auto insurance companies, it can be a great opportunity save money.
Car Insurance in Oregon features a number of minimum requirements to ensure you are protected financially from motor vehicle accidents. Failure to maintain this insurance can result in criminal punishment. When searching for insurance, it’s important to make sure you get as many quotes as possible and be sure it is a right fit for your needs.
Personal Injury Protection
- $25,000 per person for bodily injury.
- $50,000 per accident total for bodily injury.
- $20,000 per accident for property damage.
Your insurance must also include coverage for personal injury to yourself and anyone else covered by the policy. This pays for any medical expenses from an accident that may accrue over the course of two years from the time of the accident. The minimum coverage per person on this policy is $15,000.
Uninsured Motorist Insurance
Coverage for an accident involving an uninsured motorist is also important. If you are in an accident in which the driver of the other vehicle does not have insurance, has let it expire or it is too low to cover your costs, this coverage will pay for the difference up to the amount of your policy.
- $25,000 per person.
- $50,000 per accident.
The minimum insurance coverage in Oregon is satisfactory but doesn’t always cover everything that can happen. Property damage can easily exceed $20,000 and with the rising costs of medical bills, the bodily injury protection may not cover medical costs. Because of this, you may want to look into additional coverage to make sure you are not stuck with costs above and beyond your policy.
Types of additional coverage:
- Comprehensive – Covers any damage to your vehicle that is not an accident such as theft, weather-related damage or vandalism.
- Collision – In the event you are in an accident with another car, this coverage pays for the costs of damage.
- Uninsured Property Damage – Pays for the cost of property damage from an uninsured motorist.
- Rental Coverage – Pays for a rental car or other transportation when your car is being repaired from an accident.
- Guaranteed Auto Protection– This covers the difference between the damage to the vehicle and the cost that still remains on your purchase.
Those with poor driving records are considered high-risk drivers by insurance companies. This can result in not being able to get insurance at all. Oregon has instituted the Western Association of Automobile Insurance Plans. This enables anyone, even high-risk drivers to get insurance. However, this coverage is not cheap and should generally only be used as a stepping stone to marketplace insurance.
How Proof of Insurance Works in Oregon
You will need to prove you have insurance whenever you are conducting a transaction with the Department of Motor Vehicles or possibly when you are pulled over by a police officer.
Proof of insurance includes:
- Valid insurance card.
- A copy of your policy.
- Signed letter from the insurance company on letterhead.
The state DMV has a verification program set up to check on the validity of insurance coverage for drivers. Each month, the DMV selects a random group of drivers to check to see if they are covered by insurance. You need to supply the name of the company that insures the vehicle and the policy number. This information is then verified. Failure to respond results in a suspended license. Providing false information results in additional penalties.
Penalties for Insurance Violations
If you drive without insurance in Oregon and are caught, the penalties can be significant. This can be even more dramatic if you get into an accident. Driving without insurance will be a situation in which you will be seen by a judge who will decide your penalties.
You can face:
- Suspension of Your Driver’s License.
- Having Your Vehicle Towed at Your Expense.
You can also be required to file an SR-22 for three years. This is a form given to the DMV whenever you update insurance. Failure to do this will result in a suspension of your license.
How Can the Insurance Company Cancel Your Policy?
The insurance company can cancel your policy at any time if they deem you a high-risk driver. If you have a large volume of claims, consistent traffic violations or simply poor credit, you can be dropped. The company must give you 30 days notice for this situation. However, if you do not make your premium payment, the company may drop you in 10 days with notice.
If you have concerns about how the company is treating you or legally dropping your coverage you can contact the Oregon Division of Financial Regulation. The organization will supply information but not legal advice.
The Way Oregon Companies Decide on Your Rate
Numerous factors are considered when determining the cost of your premium. Not all insurance companies treat these the same. Some focus on specific ones more than others.
Factors to consider:
Top Stolen Cars in Oregon
- Driving record.
- Work history.
- The number of drivers on the policy.
- Marital status.
- Location where you live.
A surefire way to keep your car insurance premium as low as it can go is to not own one of the cars most likely to get stolen in this state.
- Honda Accord.
- Honda Civic.
- Toyota Camry.
- Ford Pickup (Full Size).
- Chevrolet Pickup (Full Size).
- Subaru Legacy.
- Acura Integra.
- Toyota Corolla.
- Jeep Cherokee/Grand Cherokee.
- Dodge Pickup (Full Size).
The most important thing to do when shopping for a car insurance policy in Pennsylvania is to shop around. Get at least three quotes from different companies, and work to see if you can talk them down even further. It’s not uncommon for drivers to assume affordability is the most important aspect of your car insurance policy, but it’s actually the amount of coverage you carry. Being involved in an accident with the least amount of coverage required by the state is a disaster waiting to happen.
Most drivers cannot afford to come out of their own pocket to pay for medical bills, personal property, or repairs that exceed what their insurance coverage allows the insurance company to pay. If you cannot afford to pay tens of thousands of dollars in damage or more, you need a better policy. It might cost you more each month, but you won’t find yourself in a financial situation you never recover from if you ever cause a car accident that results in excessive damages.
There are dozens of car insurance companies in Pennsylvania, which means you have options. While one person might get a lower rate from one company than another, you might not. There are factors taken into consideration prior to a company issuing anyone a quote, which is where you begin when you shop around. Knowing what car insurance companies consider when generating quotes is imperative, and knowing what you can do to lower rates is also helpful. It’s also a bonus to know which companies are offering the lowest rates for which drivers at the moment.
Good Driver Rates
To be considered a good driver, you cannot have any at-fault accidents, DUIs, or moving violations on your driving record. Even one can cause your rates to skyrocket and your driving status to plummet from good to less than average. If you do have good driving records, you’ll find you can get the best rate with Erie Insurance as low as $712 per year. Travelers charges an average of $856 per year, and Nationwide has quoted good drivers as low as $1,029 per year.
If you fall below the age of 25 when shopping for insurance, you aren’t getting the best rates. You’re among the group of riskiest drivers, which means insurance companies raise rates significantly. If you want the best rates, you can check with Erie Insurance, State Farm, and Nationwide. Each is well-known for providing great rates to drivers who are young.
Bad Credit Drivers
If your credit is less than perfect, your rates are going up. It has nothing to do with how well you drive, but it has everything to do with how risky insurance companies believe you are when they check your score. If you have low credit, they assume you are a driver who might make more claims. They also assume you might not be as responsible in the car as someone who has good credit and demonstrates responsibility in other aspects of their lives.
Nationwide, Travelers, and Erie Insurance have the best rates for drivers with less than perfect credit. Nationwide is very affordable at only $1,029 per year, and Erie is third with rates around $1,743 per year. If you can work on improving your credit before you look for a new insurance policy, you can increase your risk of being offered a better rate.
If you no longer drive to work each day, insurance companies assume you spend far less time on the road. If you are in your 60s and retired, you could qualify for much lower rates assuming you have a good driving record. Erie Insurance offers rates as low as $547 per year to retired drivers. State Farm offers rates beginning at $824 per year, and Nationwide offers retirees rates as low as $956 per year.
If you are a military member, a retired military member, or the spouse or child of a military member, you can call USAA to ask about rates. It’s a private company that does not offer any insurance rates to those in the civilian sector, but they do offer good rates to those in the military or who were in the military. These rates are always lower than any being offered by any other Pennsylvania companies, and they are always lower no matter your driving record.
Getting Lower Rates
- Your age and marital status
- Your location
- Your credit score
- Your proximity to work
If you want to improve your chance of securing a lower rate for your insurance, you can try doing a few things. If you’re young, you can get married. Married couples younger than 25 have better rates than single people this age. If you live closer to work, you are on the road less often which makes you less of a risk. If you currently live in a neighborhood in which the crime rate is high and the affluence is low, move to a better neighborhood. Low economic status areas are typically filled with residents without their own insurance, and the high crime rate makes your car more susceptible to theft, break-ins, and damage. Moving makes you less of a risk, and it makes you more of a benefit to those who want to insure you.
You can also work on fixing your credit if you want a better insurance rate, which always helps. There are always options, but you must know where to look and how to secure them if you want to find the cheapest and best coverage for your car in Pennsylvania. Shop around at least three different companies before you settle on a rate, and don’t hesitate to call your current insurance agent to ask for any discounts that might be available. If you are a long-time customer of theirs with a good driving record, chances are good they’ll work with you to lower your car insurance rates.
The insurance rates in Rhode Island rank within the top 10 of the highest rates in the country. With that in mind, it’s important to shop around and find the best rates available based on your driving record and credit score. Good coverage can save you from having to pay someone else’s medical bills as well as replacing or repairing their vehicle as well as yours after an accident.
Researching Car Insurance Options
Before you choose a car insurance plan, it’s vital that you shop around to find the best rates possible. The best rates will depend on your driving record, your age, your credit score and the coverage you choose as well as the company you research. Choosing between local insurers and major brands of insurance will depend on your research. Pick 5 to 7 companies to call before making a decision.
Available Car Insurance Coverage in Rhode Island
You can choose between getting basic coverage for liability and other costs or obtaining a better insurance plan that will cover you in every possible scenario. You might want to get extra coverage for uninsured motorists, collision and damage liability.
For example, if you were to have an accident with a motorist driving a luxury vehicle, the amount of your property damage coverage might not be enough to cover their vehicle if you’re found to be at fault in the accident. Any money owed after your insurance is done paying will have to be paid out of your own pocket.
Best Insurance Rates in the State
The amount of your insurance each year will definitely depend on your driving record. Those with a safe driving record can find affordable options with the top insurers, which are State Farm, Geico, Progressive and Amica. They all come in under $1,900 per year. With safe driving discounts, that amount can certainly be reduced even further. This amount isn’t for basic coverage either.
For young drivers, they’ll be paying a bit more when they’re under 25 years old. Due to their age and the type of vehicle they are likely to have, they can spend less than the good driver mentioned above. The same insurers, Amica, Geico and Progressive, offer prices ranging from $1,000 to $1,200 per year.
Those with poor credit will have the hardest time finding cheap car insurance coverage in Rhode Island. They won’t find coverage for less than $1,900 for the entire year.
Where You Live
The area where you live will always have an impact on your car insurance rates. The distance between your home and work will also influence how much is spent on car insurance. This is why it’s vital to do your research. While you might not be able to move to get the best rates for insurance, you can research the companies with real information specific to your circumstances.
- North Providence
- Central Falls
By law, Rhode Island drivers are required to carry insurance before they can drive their car. The minimum requirements are liability that covers up to $50,000 for bodily injury per accident, $25,000 for each person and $25,000 property damage per accident. Drivers might opt for a limit of $75,000 per accident.
Basic versus Full Coverage Options
While that is the minimum required by law to drive your vehicle in Rhode Island, it’s often not enough to cover an accident if you were at fault. It also doesn’t cover you if you’re in an accident with an uninsured or underinsured motorist.
It’s vital that you do extensive research on your choices in the state since it can be incredibly expensive to insure your vehicle if you make a mistake. Call each insurance carrier to find out what you can expect to pay based on your specific circumstances, which will include driving record, where you live, the kind of car you drive and your credit score.
Car insurance is a necessity to help protect you from a drastic financial burden in the case you’re involved in an accident. While this type of insurance is irreplaceable, many Oklahoma residents could benefit from cheaper car insurance premiums. It’s important to realize there are small insurance providers throughout the state.
You don’t need to settle for the higher prices offered by the big name insurance brands. Many of the local Oklahoma insurance providers can offer you lower premiums that your budget can afford. There are some additional things you can do, besides look for another insurance provider, to assist in decreasing your premium rates. Let’s take a closer look at these things below.
Opt For Biannual or Annual Premiums
Many insurance companies will offer a discount if you pay in advance for your premium. These are typically offered in either six months or one year advances. In addition, it’s important to realize that insurance companies may charge monthly fees that could increase your premium.
Take some time to look at a copy of your insurance bill to see everything you are being charged for. It’s very common for insurance providers to charge an online payment or convenience fee for using a card to pay. These monthly fees may be as small as $5, however, that totals up to $60 extra you are paying out a year that you don’t need to be.
Lastly, taking advantage of the discounts that companies offer for payment can help reduce the cost of your premium. These discounts will vary depending on the company that you are insured with. Some companies will offer a discount on your bill if you set up an automatic debit. Others will reduce their charges slightly if you opt for paperless statements instead of regular snail mail statements.
More Safety Features Means A Lower Payment
There are many factors that influence the rate you pay for your car insurance, including the type of car you are driving. If you are driving a new car that has many safety features, it can help to decrease the overall rate for your premium. Older cars that are known for their lack of safety, tend to cost more to insure.
Your Job Influences Your Rate
All insurance companies will take your job into account when deciding on your individual premium amount. If you have a long commute to work every day, it’s likely you will be paying more for insurance than someone who doesn’t.
The insurance provider is assessing your risk of being involved in an accident, in which case they would have to pay out money for the repairs. So, if you are on the road for a large portion of the day, your risk of getting into an accident is increased. This is why you will likely pay more for your insurance if you have a long commute.
Your Credit Score Plays A Role
Insurance companies are now starting to look at a potential driver’s credit rating to help assess what their premium should be. Those who have a higher credit rating are considered more responsible than those who don’t. This is great news for you as a consumer.
Your credit score is something that you can change. If your credit score is not too good at the moment, you can change it within a few months. All a change takes is understanding the factors that contribute to your score and then optimizing them for the best possible score you can get.
The above are just some of the factors that determine your insurance premium that you have direct control over. No longer do you need to continue to pay high car insurance rates if you don’t want to. By taking the time to optimize each of these areas you can ensure you are setting yourself up to get the lowest rate on your car insurance.
Residents of New York are required to maintain automobile insurance coverage at all times according to New York law. By understanding automobile insurance laws, an individual is able to determine which insurance policy provides the best coverage at the lowest cost. New York is a no-fault state, which means that drivers are always expected to carry automobile insurance coverage. If an accident occurs, then both parties insurance providers are required to take action regardless of which party was responsible.
New York law states the minimum automobile coverage for drivers includes liability bodily injury coverage of at least $25,000 per person and at least $50,000 per accident. Drivers must also have property damage liability insurance coverage of at least $10,000 per accident.
Uninsured and underinsured motorist liability coverage must be a minimum of $25,000 per person and $50,000 per accident for bodily injury coverage. Personal injury protection must be at least $50,000 per person.
What Happens to Uninsured Drivers in New York?
It is a criminal offense for an individual to operate a motor vehicle in New York without proper insurance coverage. The New York Motor Vehicle Financial Responsibility Law requires that drivers have an automobile policy with at least 25/50/25 coverage. There are only 5.3% of New York drivers that are uninsured, so the majority of drivers in New York comply with the New York Motor Vehicle Financial Responsibility Act. Because it is the law, it is vital all drivers in New York have adequate insurance coverage that meets the minimum legal requirements. If an individual is having difficulty finding coverage, the New York Automobile Insurance Plan can provide assistance.
What are the Penalties for Driving Uninsured in New York?
According to Value Penguin, when drivers are not able to present proof of insurance to police officers during traffic stops, it will be assumed that the driver was operating a vehicle without proper insurance. It is important for insured drivers to keep proper identification cards with them at all times, which let police officers know they have adequate insurance coverage.
Every time an individual is caught driving without insurance, he or she could have to pay fines that range from $150 to $1,500. These fines also apply to those who allow others drive to operate an uninsured motor vehicle. Aside from costly fines, other penalties include suspension of driver’s license. In most cases, individuals will be notified their driver’s license has been ordered to be suspended. Individuals with suspended driver’s licenses must pay a $750 reinstatement fee to the DMV to get their licenses reinstated.
When drivers are uninsured for more than 91 days, they will no longer be eligible to pay the $750 reinstatement fee. In addition, drivers who have paid the civil penalty fee within the past three years will not be eligible to pay the $750 reinstatement fee.
How to Find Affordable Automobile Insurance
There are many automobile insurance companies providing coverage to residents of New York. Some of these insurance companies may provide better rates to young drivers, and some of them may provide affordable insurance rates for those with bad credit, which is why it is important to shop around and see which company offers the best coverage plan.
Affordable Automobile Insurance Companies for Young Drivers
Typically, young drivers are defined as drivers who are in their early 20s. In most cases, these individuals will need less coverage than those with families. For this reason, auto insurance companies will offer young drivers lower coverage rates.
The automobile insurance companies that offer the most affordable insurance rates for young drivers in New York are Travelers, New York Central Mutual Fire, and GEICO. Among these companies, GEICO offers young drivers the cheapest rates at $48 per month. Travelers offered insurance coverage to young drivers for $1,090 per year, and New York Central Mutual Fire provided young drivers with insurance coverage that cost $1.104 per year. Young drivers who maintain at least a B average are eligible to receive student discounts from certain insurance companies.
Cheapest Auto Insurance Providers for Good Drivers
Drivers without no-fault accidents, DUIs, or violations are considered good drivers by insurance companies. Good drivers will get better deals and lower insurance rates than those with a flawed driving record. GEICO, Travelers, and Progressive are the best insurance companies for individuals with good credit. GEICO charged an annual average rate of $1,056, Travelers charged $1,287, and Progressive charged insured rates that averaged $1,461 per year.
Auto Insurance Offering the Cheapest Credit to Drivers with Bad Credit
Individuals with bad credit may have a hard time finding inexpensive auto insurance coverage, but there are some companies that offer fair insurance rates to those with poor credit. These companies include Progressive, GEICO, and Travelers. Progressive offers the cheapest rates to those with bad credit at $1,461 per year, and GEICO offers rates at $1,472 per year. Travelers offers those with bad credit insurance rates at $2,591 per year.
Insurance Companies That Provide the Most Affordable Insurance to Seniors
Seniors and retired drivers can find automobile insurance rates increase with age, but these individuals are still able to find fair rates. Older adults can also lower insurance coverage rates because their reduced time spent driving. Older adults and retired individuals may be able to get lower auto insurance rates by taking an online driving course, which will refresh driving skills. If older adults attend online driving courses, they are able to reduce their insurance rates by an estimated 10% in three years. The insurance company offering the most affordable rates to older adults is GEICO at $853 per year, and State Farm offered older adults insurance coverage that starts at $1,343 per year. The Travelers Company offered seniors insurance coverage that starts at $1.431 per year.
Although it may seem like a hassle, searching for the most affordable auto insurance policy could save drivers an abundance of money. Drivers who are shopping for auto insurance should take the time to see which companies offer the lowest rates.
Ohio state law only requires drivers carry liability insurance. This means you must carry at least a specific amount of insurance if you’re involved in any accident, and this includes those who drive a car they own outright. In many instances, people assume they needn’t insurance if they don’t have a loan on their car, but you do need insurance if you cause an accident. In Ohio, insurance coverage must contain at least:
- $25,000 in bodily injury liability per person/$50,000 per accident
- $25,000 property damage liability per accident
You are not required by law to carry any additional insurance as long as your policy covers these, but it’s always a wise investment to carry more than you need. If you are involved in a car accident and it’s your fault, you become responsible for paying any fees and costs that exceed what the insurance company is required to pay. If you cannot pay those costs, the driver you hit might take you to court and sue you. If you cannot afford to pay the costs even after you’ve been sued, a judge might impose a lien on your home or personal property. If you ever sell it, you’re required to pay off the loan on the property and then the person you won the lawsuit. Whatever is left after that is yours.
The danger of not carrying enough insurance coverage is staggering, and it’s not worth it. Carrying more than you need might cost more upfront, but it costs less over the course of your lifetime if you do cause an accident. It’s better to be safe than it is to be sorry, and that’s why there are some recommendations for Ohio drivers in terms of which companies offer the lowest rates. There are two companies that offer the best rates on average to most all drivers, and those are Grange Insurance and Erie Insurance. However, that doesn’t mean either company will provide you with the best possible rate for your own insurance. It’s worth looking into each one depending on your personal factors, and it’s imperative you compare prices with other companies.
The Best Rates for Drivers with a Good Record
If you’re a good driver, retired driver, or a young driver, the best rates in Ohio often come from Grange Insurance. This is not a guarantee for all drivers, but this is an option. Good drivers typically get low rates anywhere, but you must not have any moving violations, DUIs, or at-fault accidents on your driving record to get the best rates. If you do have them but they are more than 5-years-old, you’ll find it might be easier to get a good rate.
Young drivers are anyone under 25. If you’re still a student in high school or college living with your parents, you might not worry about insurance. If you’re single, your rates are much higher. If you’re married, you will find insurance companies are happy to offer you a slightly lower rate than they do your single counterparts.
Retired drivers in their 60s are eligible for lower rates than other drivers, too. When you are no longer making a daily commute, insurance companies are more likely to offer you a lower rate for your insurance. They do this because you’re less likely to be on the road as often as you were in the past, which means you’re more likely to stay safe and not be involved in any car accidents.
The Best Rates for Drivers with Imperfect Driving Records
If you have a less than perfect driving record, most Ohio insurance companies are offering you higher rates. Of those higher rates, the lowest often come from Erie Insurance. If you cannot find a low rate here, however, there are other insurance companies that might offer you a lower rate.
If you have one accident and you were the driver at-fault, you might still get a slightly less expensive rate than a driver with an accident and moving violations. It all depends on what happened, how it happened, and what else is on your driving record.
One more factor that affects your insurance rates is your credit score. If you have a low score, you might find it’s difficult to get a lower rate. In fact, you’ll pay several hundred to upwards of a thousand more dollars per year for your insurance than someone who has excellent or good credit. While it’s not always fair to look at credit to determine if you’re a good driver, it’s reality in many cases. GEICO is a company with a reputation for not considering credit one of the most important factors, so that’s another company to check into. Otherwise, it’s Erie Insurance that most often offers the lowest rates for bad credit drivers.
If you can work on your credit score before you apply for a new insurance quote, you stand a better chance of getting a better rate. The best-case scenario is you improve your credit, have a clean driving record, and you are a married person older than 25 if you want the best rate. Just because someone else gets a better rate than you means nothing, and it means nothing other than their record, credit, or other factors played a bigger part in their rate.
Other ways to help yourself get a better rate is to move closer to work to eliminate a lot of your commute. If you move to a safe neighborhood with a low crime rate and a high economic status, you’re less of a risk. You can get married, you can buy a newer, safer car, and you can call to ask for discounts available for any safety features your car might have but your insurance company is unaware of. If you have additional insurance policies for your home or life, you can call to see about bundling them and saving money on those policies across the board, and you can pay your premium all at once to get a discount and avoid expensive monthly fees.
Finding cheap car insurance in South Carolina is a priority for drivers. They don’t want to pay too much for something so many drivers feel they don’t use enough of. They want to know they can pay for their car insurance at an affordable rate and not feel they’re paying too much of their budget toward something they don’t use regularly. Most drivers are aware the cheapest insurance they can find is not necessarily the best insurance, but they don’t know they can find better rates for better policies by looking around for a great plan. There are some people who can benefit from learning which companies use the best rates and which companies might benefit them most based on their own personal information.
- $25k UMPD per accident
- $25k property damage per accident
- $25k UMBI per person
- $25k bodily injury per person
- $50k bodily injury per accident
- $50k UMBI per accident
The best place to find car insurance in South Carolina if you are a member of the military is with USAA. This is not a public company, and rates are not made available to the general public. What you must know about this company is they offer insurance to those who are active or retired military, and they also offer this kind of affordable coverage to those who are directly and immediately related to those who are retired or active members of the armed forces.
If you are a good driver, you get to pay lower rates for your car insurance than other drivers. The only problem is understanding precisely what a good driver is. You must not have any tickets or moving violations on your driving record, you cannot be the cause of an accident on your driving record, and you cannot be someone who was ever charged with driving under the influence of either drugs or alcohol. If you meet these qualifications, you’ll be pleased to know you can find affordable insurance with both GEICO and State Farm. GEICO offers rates as lows as $976 per year for good drivers, and State Farm offers rates as low as $1,231 for good drivers. The difference is large, but it’s one you should look into.
Your credit has a significant impact on the amount of money you pay for your insurance premiums, and it’s not something you might be overly proud of. If you want the lowest rates, you’ll want to start with your credit report. If there are any mistakes on your report dragging down your score at all, you’ll want to know what those are and you’ll want to handle them right away. You can dispute any mistakes, send letters to the credit bureaus, and you can handle things of that nature very quickly. The best way to do this is as quickly as possible, because you can have those issues fixed in as little as 30 days. If you do have poor credit or less than excellent credit, you’ll find GEICO and Farm Bureau Insurance offer the lowest rates. GEICO comes in at $1,597 per year and Farm Bureau offers $1,608 per year for bad credit applicants.
South Carolina state law allows drivers who are retired to pay lower rates for their car insurance. Once you are retired, you’re less likely to make a daily commute to an office or job site, which means you’re in the car far less. This is considered a great thing, and it means you get to pay a lot less for your insurance. If you’re retired, you’re going to find much lower rates for car insurance at both GEICO and State Farm. GEICO offers retired drivers a chance to pay as little as $930 per year for insurance, and State Farm is just a little more expensive at $932 per year for those who no longer make a driver to work each day.
One Accident Records
Not everyone is a bad driver, but not everyone is a good driver. Sometimes things happen and you cannot control them. If you are a good driver who unfortunately caused one accident, you might already know you’re going to pay more for car insurance than someone who has never caused an accident. Know that just one accident is not always enough to make car insurance companies charge you too much. You will pay more but if you only have one accident, you can pay rates lower than those with worse driving records. State Farm offers you a chance to pay only $1,456 per year, and Farm Bureau Insurance offers you a chance to pay only $1,613 per year for your insurance.
If you are younger than 25, you’ll pay more for your insurance. It’s your lack of driving history, your young age, and the fact that drivers this age are more likely to cause an accident than almost any other driver on the road. If you are a young driver, you can get married and lower your rates a bit, or you can be a woman. If you are either, you will pay slightly lower rates. For young men under 25, however, rates are generally the most expensive. Young drivers have the best chance of finding cheap car insurance in South Carolina by going through either GEICO or State Farm. GEICO rates are as low as $594 per year, and State Farm offers rates as low as $876 per year for young drivers. Keep in mind these are policies that only carry the minimum coverage allowed.
Finding cheap car insurance doesn’t always mean finding the best car insurance, but it’s helpful to your wallet. Remember that having less than great coverage just because it’s cheap means it might be more expensive in the long run. Being involved in an accident that causes more damage than your insurance is willing to pay means you might become liable for the remainder of someone’s car repairs, medical bills, and lost wages out of your own pocket.
North Dakota residents realize that driving is a privilege and a responsibility. Whether they are visiting to the North Dakota Zoo in Bismarck or visiting the Theodore Roosevelt National Park, they are taking steps to be safe on the road. Part of being safe on the road means having the right type of automobile insurance to protect you, your passengers, and other individuals in automobiles involved in a potential accident.
North Dakota Insurance Requirements
North Dakota was recently ranked number one for the percentage of fatalities that took place in automobile accidents where at least one individual was not using a seat belt or some other form of safety restraint. Up to 69 percent of the individuals killed in motor vehicle accidents in North Dakota die because they are not wearing a seat belt. Something so simple can save lives. As a result, North Dakota is offering incentives to motorists by giving some automobile insurance discounts if they buckle up before they drive.
North Dakota requires that you have bodily injury insurance, uninsured motorist coverage, and underinsured motorist coverage each with a minimum of $25,000 per person with coverage of $50,000 for each accident. You are also required to have personal injury protection that equals out to all $150 per week with a max of $30,000.
These are the minimums that are required by law. However, many motorists opt to purchase insurance that is more inclusive since they realize that in some cases accidents can cause tens, if not hundreds, of thousands of dollars in damage. If they do not have enough insurance to cover the damage, they are going to be paying for it out of their pocket.
Benefits of Getting Automobile Insurance in North Dakota
There are a couple of benefits of getting car insurance in North Dakota. For example, North Dakota has a relatively low rate of uninsured drivers, and it has a small population that is spread out over a large area. This means that on average automobile insurance premiums are around $40 less than the national average.
Insurance companies will calculate the rates they charge by looking at different factors that are unique to you and to the area that you live in. The going to look at the automobile you have, your credit score, your family situation, and, of course, your driving history.
Shop Around and Lower Your Insurance Rate
Each insurance company has its own way of calculating risk and determining how much they want for a quote. So the only way that you are going to actually know what company will give you the best rate for your personal circumstances is to hit the road and look at quotes. The best thing to do is to look at least five different insurance companies. It takes a little bit of time, but it’s worth the effort and could really save you some serious money.
You can save a lot of time looking for insurance quotes by having some of the information that you are going to need on hand at the time. For example, you want to have the make, model, and configuration of your vehicle, the VIN, and the year of the car. Having this information at the ready can make your car insurance search so much faster.
Even if you are happy with the rate you are getting right now, there is nothing wrong with shopping around and looking for a new policy every couple of years. Insurance companies analyze everything about you when determining how much they are going to increase your insurance rate every year. They look at your credit score, they look at what you buy online, and they look at how frequently you shop for car insurance quotes. If they feel that you are going to be loyal to them, they will take advantage of your complacency and raise your rates. However, if they feel that there is a chance you might leave, then they are going to reward your loyalty by offering you lower rates.
Some states like Florida, California, and Pennsylvania have made it illegal for insurance companies to do price optimization. However, that is not the case in North Dakota. This means that you have to take the initiative to show insurance companies that they cannot take you and your business for granted. Shop around and try to get the lowest premium possible.