Would you like to save money by finding lower-priced insurance rates in Eden, NC? Nobody I know looks forward to buying insurance, especially knowing the cost is too high.
It's hard to believe, but most drivers have stayed with the same insurance company for well over three years, and almost half have never even shopped around for cheap coverage. Many consumers in North Carolina could cut their rates by about $100 a year, but they don't want to take the time to compare rates and save money.
Big companies like State Farm, GEICO and Farmers Insurance continually hit you with ads and it is difficult to separate fact from fiction and effectively compare rates to find the best deal.
If you are already insured, you will definitely be able to cut your premiums using the following tips. Buying the cheapest auto insurance in Eden is actually quite easy if you know where to start. Although North Carolina vehicle owners do need to learn how the larger insurance companies market on the web and use it to find better rates.
Determine discounts to get cheap Eden insurance quotes
Some companies don't necessarily list all available discounts very clearly, so here is a list a few of the more well known as well as some of the hidden insurance savings. If you are not receiving all the discounts you qualify for, you could be getting lower rates.
- Federal Government Employee - Active or former government employment can earn a discount up to 10% but check with your company.
- Save over 55 - If you're over the age of 55, you may be able to get lower premium rates.
- Use Seat Belts - Drivers who always wear seat belts and also require passengers to buckle up before driving could cut 10% or more on the medical payments or PIP coverage costs.
- One Accident Forgiven - Not necessarily a discount, but a few companies such as Progressive, Allstate, and GEICO permit an accident without raising rates with the catch being you have to be claim-free prior to being involved in the accident.
- Discount for Passive Restraints - Options like air bags and/or automatic seat belt systems may get savings up to 30%.
- Discounts for Safe Drivers - Drivers who don't get into accidents can save up to 40% or more on their Eden auto insurance quote as compared to drivers with claims.
- Data Collection Discounts - Policyholders that allow their company to scrutinize driving manner by using a telematic data system like In-Drive from State Farm and Progressive's Snapshot may see discounts if their driving habits are good.
- Anti-lock Brake System - Vehicles with ABS and/or traction control prevent accidents and the ABS can save up to 10%.
Policy discounts save money, but many deductions do not apply to the overall cost of the policy. Some only apply to individual premiums such as liability, collision or medical payments. If you do the math and it seems like it's possible to get free car insurance, nobody gets a free ride.
Companies and their possible discounts are:
- Farm Bureau offers discounts for driver training, multi-policy, good student, 55 and retired, renewal discount, and safe driver.
- State Farm includes discounts for good student, safe vehicle, good driver, passive restraint, and multiple autos.
- Progressive has discounts for continuous coverage, multi-vehicle, online signing, homeowner, good student, multi-policy, and online quote discount.
- Allstate may have discounts that include early signing, farm vehicle, premier discount, economy car, and FullPay discount.
- Nationwide offers discounts including anti-theft, easy pay, defensive driving, family plan, and good student.
- MetLife discounts include claim-free, accident-free, defensive driver, multi-policy, good student, good driver
If you are trying to find cheap Eden auto insurance quotes, ask every company how you can save money. Some of the earlier mentioned discounts may not apply to policyholders in your area. If you would like to see a list of companies that offer the discounts shown above in Eden, click this link.
The best way to get rate comparisons is to realize most of the larger companies allow for online access to provide you with free rate quotes. To start a quote, the only thing you need to do is give the companies some data including if you have an active license, your job, how much school you completed, and driver ages. Your insurance information is instantly provided to multiple different insurance companies and you receive quotes immediately.
To check car insurance prices now, click here and enter your coverage details.
The auto insurance companies shown below can provide comparison quotes in North Carolina. If multiple companies are shown, we suggest you visit several of them in order to find the cheapest rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT 4WD||$622||$311||$52|
|Chevrolet Impala LTZ||$784||$392||$65|
|Chevrolet Silverado LS Regular Cab 4WD||$636||$318||$53|
|Dodge Ram Crew Cab Sport 2WD||$1,008||$504||$84|
|Ford Escape XLT 4WD||$636||$318||$53|
|Ford Explorer Eddie Bauer AWD||$906||$453||$76|
|Ford F-150 Lariat Crew Cab Harley 4WD||$1,052||$526||$88|
|Ford Focus S 4-Dr Sedan||$826||$413||$69|
|Ford Fusion Sport 4-Dr Sedan||$726||$363||$61|
|Honda Accord EX-L 4-Dr Sedan||$818||$409||$68|
|Honda CR-V EX 4WD||$726||$363||$61|
|Honda Civic SI 2-Dr Coupe||$980||$490||$82|
|Hyundai Elantra Blue 4-Dr Sedan||$682||$341||$57|
|Mazda 3 I Touring 4-Dr Sedan||$826||$413||$69|
|Nissan Altima 2.5 S 4-Dr Sedan||$938||$469||$78|
|Toyota Camry Hybrid||$752||$376||$63|
|Toyota Corolla LE||$732||$366||$61|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$886||$443||$74|
|Get Your Own Custom Quote Go|
Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Estimates do not factor in specific garaging location which can revise premiums considerably.
Car insurance premiums by gender
The illustration below illustrates the comparison of insurance prices for male and female drivers in Eden. The rates are based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $500 deductibles, drivers are single, and no discounts are applied to the premium on a Ford Escape XLS.
Ford Escape rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Eight factors that affect insurance rates
Many things are part of the calculation when premium rates are determined. Some are pretty understandable such as traffic violations, but some are less obvious like your vehicle usage or your commute time. When buying car insurance it's important to understand some of the elements that help determine your premiums. If you have a feel for what impacts premium levels, this enables you to make decisions that could result in better car insurance rates.
The itemized list below are some of the factors used by insurance companies to determine rates.
High premiums for youthful drivers - Drivers with little experience have been known to be more careless when driving and because of this, their car insurance rates are much higher. If you've ever had to add a young driver to your policy can be very expensive. Older people are more cautious drivers, statistically cause fewer accidents, and usually have better credit.
Advanced alarm systems - Choosing to buy a car with a theft deterrent system can help bring down rates. Advanced theft deterrents like OnStar, LoJack tracking, and tamper alarms help track and prevent auto theft.
Prices can change based on your address - Being located in smaller towns and rural areas of the country is a positive aspect when insuring your vehicles. Fewer drivers and short commutes means a lower chance of having an accident. City drivers have more aggressive driving styles and longer commutes to work. More time commuting can result in more accidents.
Be proud to be claim-free - Insurance companies in North Carolina award better rates to drivers who do not file claims often. If you tend to file frequent claims, you can pretty much guarantee increased rates or even have your policy non-renewed. Your insurance policy is designed for major claims that would cause financial hardship.
Obey driving laws and save - Attentive drivers pay lower auto insurance prices than bad drivers. Even a single speeding ticket can increase rates forty percent or more. Drivers who have gotten license-revoking violations such as DUI or reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent their license from being revoked.
High comp and collision deductibles reduce prices - The deductibles tell how much the insured will be required to pay in the event of a claim. Insurance for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of covered claims could be a windshield broken by a bird, collision with a deer, and damage from wind. The more money the insured has to pay upfront, the lower your rates will be.
Getting married can save on car insurance - Being married can get you a discount on your car insurance bill. Having a spouse means you're more responsible and it's statistically proven that drivers who are married file infrequent claims.
Women tend to cost less - Over the last 30 years, statistics show that females take fewer risks when driving. However, this does not mean women are BETTER drivers than men. They both tend to get into at-fault accidents in similar percentages, but the men tend to have higher claims. Not only are claims higher, but men get higher numbers of serious violations like DUI and reckless driving.
Compare rate quotes but buy from a local neighborhood Eden car insurance agent
Many people would prefer to have an agent's advice. The biggest benefit of price shopping on the web is that you can find cheap auto insurance rates and still buy from a local agent.
Once you complete this short form, the quote information gets sent to insurance agents in Eden who will give you bids for your auto insurance coverage. You won't need to search for any insurance agencies since price quotes are sent immediately to you. You can most likely find cheaper rates and a licensed agent to work with. In the event you want to quote rates from a specific company, you would need to navigate to their website and complete a quote there.
Choosing an insurer requires more thought than just a cheap price. The questions below may impact your decision as well.
- How does the company pay claims for a total loss?
- Are they paid to recommend certain coverages?
- Do they regularly work with personal auto policies in Eden?
- What is their Better Business Bureau rating?
- Is vehicle damage repaired with OEM or aftermarket parts?
- How much can you save by raising your physical damage deductibles?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Will the company cover a rental car if your car is getting fixed?
If you are searching for a reputable insurance agent or broker, there are two different types of agencies and how they are distinctly different. Eden agents can be described as either exclusive agents or independent agents.
These type of agents are contracted to one company like Farmers Insurance and State Farm. These agents are unable to shop your coverage around so it's a take it or leave it situation. They are usually well trained in insurance sales which can be an advantage.
Independent Auto Insurance Agencies
Agents that elect to be independent often have affiliation with several companies so they have the ability to put coverage through lots of different companies and find the cheapest auto insurance rates. If they find a cheaper price, they simply switch companies in-house and you won't have to switch agencies. If you need cheaper auto insurance rates, you will definitely want to get several quotes from multiple independent agents to have the best price comparison.
Three reasons to not skimp on car insurance
Despite the high cost, buying car insurance is a good idea for several reasons.
First, just about all states have minimum mandated liability insurance limits which means you are required to buy specific limits of liability insurance in order to get the vehicle licensed. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your vehicle has a loan, almost all lenders will have a requirement that you have insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the lender will be forced to insure your vehicle at a much higher rate and require you to fork over a much higher amount than you were paying before.
Third, car insurance protects both your assets and your vehicle. Insurance will also pay for medical bills for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay attorney fees if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of having car insurance more than cancel out the cost, specifically if you ever have a liability claim. On average, a vehicle owner in Eden is overpaying more than $869 every year so it's recommended you shop around each time the policy renews to ensure rates are inline.
A conclusion for your auto insurance search
You just read some good ideas how you can compare auto insurance prices in Eden. The key concept to understand is the more you quote Eden auto insurance, the higher your chance of finding low cost Eden auto insurance quotes. You may even discover the best price on auto insurance is with some of the lesser-known companies. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate, GEICO and Progressive.
When searching for cheaper Eden auto insurance quotes, don't be tempted to buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped comprehensive coverage or liability limits and discovered at claim time that it was a big error on their part. The proper strategy is to purchase plenty of coverage at the best possible price and still be able to protect your assets.
More detailed auto insurance information can be read in these articles:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Who Has Cheap Auto Insurance for a Jeep Grand Cherokee in North Carolina? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a School Permit in North Carolina? (FAQ)
- What is Full Coverage? (Allstate)
- What is a Telematics Device? (Allstate)
- Protecting Teens from Drunk Driving (Insurance Information Institute)