Did budget coverage turn out to be an under-performing, overpriced auto insurance policy? You’re in good company because there are a lot of people in San Antonio just like you who feel imprisoned by their auto insurance policy.
It’s an obvious assumption that car insurance companies want to keep you from comparing prices. People who shop around for better prices are very likely to switch auto insurance companies because they stand a good chance of finding a cheaper policy. A study showed that consumers who regularly shopped around saved over $3,500 over four years compared to policyholders who don’t regularly compare prices.
If finding the best rates on Pontiac Sunfire insurance in San Antonio is your target objective, then having an understanding of how to get free comparison quotes and analyze insurance coverage can save time and make the process easier. Insurance companies such as Allstate, Progressive and GEICO increase brand awareness with ad campaigns and it is challenging if not impossible to separate fact from fiction and find the best price available.
What Determines Pontiac Sunfire Insurance Premiums?
Part of the auto insurance buying process is learning the rating factors that help calculate your auto insurance rates. When you understand what impacts premium levels, this enables you to make decisions that will entitle you to lower premium levels.
The following are some of the most common factors used by companies to determine rates.
Safer vehicles means cheaper insurance – Safer cars can get you lower premiums. The safest vehicles help reduce the chance of injuries in an accident and fewer serious injuries means less claims paid and more competitive rates for policyholders.
Liability insurance is cheap – Your auto insurance policy’s liability coverage is the protection in the event that you are found liable for causing damage or personal injury in an accident. Liability insurance provides for a legal defense which can be incredibly expensive. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
Deter theft and pay less – Choosing a vehicle with advanced anti-theft systems can help bring down rates. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent your vehicle from being stolen.
Premiums are affected by your credit rating – Having a bad credit score can be an important factor in determining what you pay. Drivers who have very high credit ratings tend to be less risk to insure than drivers with poor credit scores. If your credit score is lower than you’d like, you may save money insuring your Pontiac Sunfire by improving your credit score.
If you don’t need it don’t buy it – Insurance companies have many additional coverages that you can buy if you don’t pay attention. Insurance for things like roadside assistance, high-cost glass coverage, and Farm Bureau memberships may be costing you every month. You may think they are a good idea initially, but if they’re wasting money consider taking them off your policy.
Gender matters – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean females are better at driving than males. Men and women cause auto accidents at about the same rate, but the men tend to have higher claims. Men also statistically get more serious tickets like DUI and reckless driving.
Vehicle risk influences premiums – The type of car you drive makes a substantial difference in the rate you pay. The most favorable rates will generally be found on lower cost passenger models, but your final cost has many other factors.
Smart shoppers get results
When buying insurance coverage, it’s a bad idea to skimp on coverage in order to save money. There are too many instances where an accident victim reduced liability coverage limits only to regret at claim time that it was a big mistake. Your focus should be to find the BEST coverage at an affordable rate, not the least amount of coverage.
In this article, we covered a lot of ways to lower your Pontiac Sunfire insurance auto insurance rates in San Antonio. It’s most important to understand that the more you quote San Antonio auto insurance, the better chance you’ll have of finding inexpensive San Antonio auto insurance quotes. You may even be surprised to find that the lowest priced car insurance comes from some of the smallest insurance companies. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as State Farm, GEICO and Nationwide.
Additional car insurance information is available below:
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Who Has Affordable San Antonio Auto Insurance for Unemployed Drivers? (FAQ)
- Who Has Cheap San Antonio Car Insurance Rates for a Toyota Highlander? (FAQ)
- How Much are Auto Insurance Quotes for a Toyota Corolla in San Antonio? (FAQ)
- Help Your Teen Be a Better Driver (State Farm)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)