I doubt anyone likes paying for auto insurance, especially when their premiums are too high.
Unthinkable but true, most auto insurance policyholders have bought auto insurance from the same company for at least the last four years, and approximately 38% of consumers have never compared auto insurance rates at all. Balch Springs drivers could pocket $1,766 a year by just comparing quotes, but they underestimate how much savings they would realize if they bought a different policy.
Consumers have multiple auto insurance companies to insure vehicles with, and although it's nice to have multiple companies, more choices can make it harder to compare rates and cut insurance costs.
It is always a good idea to do rate comparisons before your next renewal because auto insurance rates go up and down regularly. If you had the lowest premium rates on auto insurance a couple years back you may be paying too much now. Forget anything you know (or think you know) about auto insurance because we're going to demonstrate how to use the internet to eliminate unnecessary coverages and save money on auto insurance.
Choosing the best rates in Balch Springs is easy if you know what you're doing. Essentially every person who has to buy auto insurance most likely will find a lower-cost policy. Although Texas consumers need to learn the way insurance companies market on the web and take advantage of how the system works.
Save money on auto insurance with these discounts
Buying auto insurance is not cheap, but companies offer discounts that could drop your premiums quite a bit. Certain discounts will be applied at quote time, but a few must be manually applied prior to receiving the credit.
- Discounts for Good Drivers - Drivers who avoid accidents may receive a discount up to 45% than less cautious drivers.
- Bundled Policy Discount - If you combine your auto and homeowners policies and place coverage with the same company you could earn a discount of nearly 15% which can help you find low cost Balch Springs car insurance.
- Mature Driver Discount - Seniors can possibly qualify for a small decrease in premiums.
- Claim-Free Discount - Drivers who don't have accidents pay less when compared to bad drivers.
- Defensive Driver Discount - Taking time to complete a class that teaches defensive driver techniques can save you 5% or more if your company offers it.
- Discounts for Seat Belt Usage - Requiring all passengers to fasten their seat belts could save 15% off the PIP or medical payment premium.
- Distant Student - Any of your kids who are enrolled in higher education away from home and don't have a car may be able to be covered for less.
As a sidenote, some of the credits will not apply the the whole policy. A few only apply to individual premiums such as liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, you're out of luck.
To find auto insurance companies with discount auto insurance rates in Texas, click here to view.
When comparison shopping, there are several ways to compare rate quotes from all the different companies. One of the best ways to compare rates consists of shopping online.
Comparing free quotes online is easy and it, makes it a waste of time to call or drive to each insurance agency near you. The ability to get quotes online eliminates the middleman unless you require the professional advice that only a licensed agent can provide. Although you can get prices online but still have the advice of a local Balch Springs agent. When quoting car insurance, remember that more quotes helps you find a lower rate than you're paying now.
The following companies can provide free rate quotes in Texas. If you want the cheapest auto insurance in Texas, we suggest you click on several of them to find the most affordable car insurance rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LS Extended Cab 2WD||$1,214||$607||$101|
|Dodge Ram Quad Cab Sport 4WD||$1,180||$590||$98|
|Ford Escape XLS 2WD||$898||$449||$75|
|Ford Explorer Limited 4WD||$1,552||$776||$129|
|Ford F-150 STX Super Cab 4WD||$1,162||$581||$97|
|Ford Focus SES 4-Dr Sedan||$1,250||$625||$104|
|Honda Accord EX-L 2-Dr Coupe||$1,740||$870||$145|
|Honda CR-V LX 2WD||$748||$374||$62|
|Honda Civic EX 2-Dr Coupe||$1,494||$747||$125|
|Honda Odyssey Touring||$1,238||$619||$103|
|Hyundai Sonata SE 4-Dr Sedan||$1,516||$758||$126|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$1,298||$649||$108|
|Kia Optima EX||$1,378||$689||$115|
|Nissan Altima 2.5 S 2-Dr Coupe||$1,322||$661||$110|
|Toyota Camry SE||$1,744||$872||$145|
|Toyota Corolla XRS||$1,442||$721||$120|
|Get Your Own Custom Quote Go|
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Estimates do not factor in the specific area where the vehicle is garaged which can alter auto insurance rates noticeably.
Male drivers versus female drivers
The illustration below illustrates the difference between insurance costs for male and female drivers in Balch Springs. The rates are based on a clean driving record, no claims, full coverage, $1,000 deductibles, drivers are single, and no discounts are applied to the premium on a Toyota Camry Hybrid.
Toyota Camry rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Can higher deductibles save money?
The illustration below demonstrates how deductibles and can affect Toyota Camry yearly insurance costs for different age groups of insureds. The data assumes a married male driver, comp and collision included, and no discounts are applied to the premium.
Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.
Does it make sense to buy full coverage?
The example below visualizes the comparison of Nissan Sentra car insurance costs with liability coverage only compared to full coverage. The rates are based on a clean driving record, no claims, $1,000 deductibles, single male driver, and no other discounts are factored in.
Nissan Sentra rates are for example purposes only. To get rates for your specific vehicle, click here.
When to stop paying for full coverage
There is no exact formula for excluding physical damage coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of the settlement you would receive from your company, then it could be time to drop full coverage.
For example, let's pretend your Nissan Sentra replacement cost is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $5,000 after the deductible is paid. If it's costing in excess of $500 annually for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are a few cases where only buying liability is not in your best interest. If you still have a lienholder on your title, you have to keep full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not buy liability only.
Insurance quotes from local neighborhood Balch Springs car insurance agents
Some consumers just want to buy from a local agent and that is a smart decision One of the benefits of comparing rate quotes online is that drivers can save money and get cheap rate quotes and still buy from a local agent.
Upon completion of this simple form, the coverage information is instantly submitted to agents in your area who can give free rate quotes for your insurance coverage. There is no reason to contact any insurance agencies because quoted prices will be sent directly to you. You can find the lowest rates without having to waste a lot of time. If you have a need to get a comparison quote from one company in particular, feel free to jump over to their website and complete a quote there.
Picking the best insurer requires you to look at more than just a cheap quote. Ask your prospective agent these questions:
- Are they full-time agents?
- Is the agency active in community causes in Balch Springs?
- Do they get paid more for recommending certain coverages?
- How much experience to they have in personal lines coverages?
- How often do they review coverages?
- Which insurance companies are they affiliated with?
When narrowing the list to find a local Balch Springs insurance agency, you need to know there are two types of agencies and how they work. Insurance agencies in Balch Springs can be classified as either independent agents or exclusive agents depending on their employer.
Exclusive Insurance Agents
These type of agents can only write with one company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. They usually cannot provide prices from multiple companies so they really need to provide good service. They are well schooled in insurance sales which aids in selling service over price.
These agents do not have single company limitations so they have the ability to put coverage with any number of different companies and potentially find a lower price. To transfer your coverage to a different company, your policy is moved internally and that require little work on your part.
When comparing insurance prices, it's a good idea to include price quotes from several independent agencies to get the most accurate price comparison.
Once you have received answers to your satisfaction to all your questions as well as a price you're happy with, you have narrowed it down to an insurance agent that meets your needs to service your policy. But remember, it's your policy and you can cancel coverage whenever you choose to so don't think that you are permanently stuck with any specific company for a certain time period.
Cheaper coverage is out there
You just learned a lot of techniques to lower your insurance car insurance rates in Balch Springs. It's most important to understand that the more companies you get premium rates for, the higher your chance of finding low cost Balch Springs car insurance quotes. You may even find the most savings is with the least-expected company. Smaller companies often have lower premium rates on specific markets than their larger competitors like State Farm or Progressive.
Cheaper insurance in Balch Springs is available on the web as well as from independent agents in Balch Springs, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies may not offer the ability to get quotes online and these small insurance companies prefer to sell through independent insurance agents.
Additional detailed information is located in these articles:
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- What Insurance is Cheapest for a Toyota Highlander in Texas? (FAQ)
- Who Has the Cheapest Texas Auto Insurance Rates for a Toyota 4Runner? (FAQ)
- What Auto Insurance is Cheapest in Plano, Texas? (FAQ)
- What is the Best Cheap Car Insurance in Beaumont, TX? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Teenagers in Texas? (FAQ)
- Rollover Crash FAQ (iihs.org)
- Reducing Your Risks in a Car Crash Video (iihs.org)