High-priced auto insurance in Kannapolis can overdraw your funds and maybe even restrict other spending. Performing a rate comparison can save money and help to cut your insurance bill.

Astonishing but true according to a recent study, most auto insurance policyholders in North Carolina have been with the same company for at least the last four years, and almost 40% of drivers have never compared rates to find lower-cost insurance. With the average premium in America being $1,847, drivers can cut their rates by up to $859 a year by just comparing rate quotes, but most undervalue how much money they would save if they switched.

Vehicle owners have multiple insurers to insure vehicles with, and although it's a good thing to have a selection, it makes it harder to get the best deal.

Lower-cost Kannapolis auto insurance quotes with discounts

Some insurance providers don't always list every discount in a way that's easy to find, so we took the time to find some of the best known as well as some of the hidden credits that may apply to you.Cheaper auto insurance with discounts

You should keep in mind that many deductions do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like comprehensive or collision. Just because you may think you can get free auto insurance, you won't be that lucky.

A partial list of companies that may offer policyholders many of the previously listed discounts are:

It's a good idea to ask each insurance company to give you their best rates. Depending on the company, some discounts may not apply in Kannapolis.

The are a couple different ways to compare rate quotes from many available car insurance companies in North Carolina. The fastest way to comparison shop consists of obtaining rate quotes online.

Getting price quotes online is very simple and it makes it obsolete to drive to different Kannapolis agent offices. The ability to get quotes online reduces the need to sit down with an agent unless you require the personal advice of a local Kannapolis agent. Although you can price shop online but purchase the actual policy in an agency.

When comparison shopping, comparing more prices helps you find more affordable rates.

The companies shown below have been selected to offer comparison quotes in North Carolina. If several companies are displayed, we recommend you click on several of them in order to find the most affordable rates.

Insurance Rates for Popular Vehicles in Kannapolis
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LTZ AWD $1,080 $540 $90
Chevrolet Malibu LT $798 $399 $67
Chevrolet Silverado LTZ Crew Cab 2WD $1,130 $565 $94
Dodge Ram Crew Cab ST 4WD $828 $414 $69
Ford Escape Limited 2WD $670 $335 $56
Ford F-150 Lariat King Ranch 4WD $810 $405 $68
Ford Focus S 4-Dr Sedan $820 $410 $68
GMC Sierra SLE Crew Cab 2WD $938 $469 $78
Honda Accord EX 2-Dr Coupe $846 $423 $71
Honda CR-V LX 2WD $694 $347 $58
Honda Civic LX 4-Dr Sedan $682 $341 $57
Mazda 3 I SV 4-Dr Sedan $746 $373 $62
Nissan Altima 2.5 S 4-Dr Sedan $912 $456 $76
Toyota Camry LE $644 $322 $54
Toyota Corolla XLE $820 $410 $68
Toyota Tacoma X-Runner 2WD $938 $469 $78
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Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rate information does not factor in zip code location which can decrease or increase insurance rates considerably.

Can higher deductibles save money?

The diagram below illustrates how your deductible choice and can raise or lower Hyundai Elantra annual premium costs for different age groups of insureds. The information is based on a married male driver, full physical damage coverage, and no discounts are applied to the premium.

Hyundai Elantra rates are for example purposes only. To get rates for your specific vehicle, click here.

Accidents and violations increase rates

The information below shows how traffic citations and accident claims impact Toyota Camry auto insurance rates for each age group. The price estimates are based on a single male driver, full coverage, $500 deductibles, and no discounts are applied.

Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.

Make wise decisions and cut your costs

One of the most helpful ways to save on car insurance is to to have a grasp of a few of the rating criteria that help calculate your car insurance rates. When you know what positively or negatively determines premiums, this allows you to make educated decisions that can help you get much lower annual insurance costs. Many things are part of the calculation when quoting car insurance. Some are obvious like a motor vehicle report, but other criteria are less obvious such as your marital status or how safe your car is.

Listed below are some of the things used by insurance companies to determine prices.

Tough job may mean higher premiums - Jobs such as doctors, business owners and miners tend to have higher rates than the rest of us attributed to job stress and lengthy work days. Other jobs like actors, students and the unemployed have the lowest average rates.

Traffic violations hurt - Careful drivers get better rates than their less careful counterparts. Even a single citation can boost insurance rates by as much as thirty percent. Drivers who have received severe tickets like reckless driving, hit and run or driving under the influence may face state-mandated requirements to maintain a SR-22 with their state motor vehicle department in order to keep their license.

Pay more of a claim out-of-pocket - Insurance for physical damage to your car, aka comp and collision, covers your vehicle from damage. Some coverage claims could be a broken side mirror, damage from fire, or theft. The deductibles you choose tell how much the insured will be required to pay if the claim is covered. The more expense the insured is willing to pay, the bigger discount you will receive.

Drive less and save - The more miles you rack up on your car annually the higher your rates will be. Most insurance companies charge rates partially by how you use the vehicle. Vehicles that do not get driven very much receive lower rates compared to those used for work or business. It's a smart idea to ensure your vehicle rating properly reflects the proper vehicle usage.

Never let your car insurance policy lapse - Allowing your car insurance policy to lapse will be a sure-fire way to trigger a rate increase. Not only will you pay higher rates, being ticketed for driving with no insurance will get you fines or a revoked license. You may then have to prove you have insurance by filing a SR-22 with the North Carolina DMV.

Car and home together may be cheaper - Most companies will award lower prices to policyholders that have more than one policy. It's known as a multi-policy discount. Even with this discount applied, you may still want to check prices from other companies to help ensure you have the lowest rates.

Use credit responsibly and save - Having a bad credit history is a large factor in determining premium rates. If your credit score can use some improvement, you could be paying less to insure your vehicle if you improve your credit rating. People with very high credit ratings tend to file fewer claims and have better driving records as compared to drivers with poor credit scores.

Tailor your insurance coverage to you

When selecting a policy, there really is not a one size fits all plan. Everyone's situation is a little different.Drive safe and save

These are some specific questions may help highlight whether you will benefit from professional help.

If you're not sure about those questions, you may need to chat with an insurance agent. If you don't have a local agent, take a second and complete this form.

Three reasons insurance is important

Despite the potentially high cost of insurance, paying for insurance may be required and benefits you in several ways.

The benefits of insuring your car definitely exceed the cost, especially for larger claims. As of last year, the average driver in North Carolina overpays more than $825 a year so compare rates each time the policy renews to save money.

Claim statistics by make and model

Which vehicles statistically have the most claims? The following statistics list the highest and lowest models for the overall chance of having claims orgainized by coverage.

Auto Insurance Medical Payment Claims by Vehicle Model
Lowest Claim Frequency Highest Claim Frequency
Ford Expedition Chevrolet Spark
Ford F-350 SuperCrew Kia Forte
Audi A4 Allroad Hyundai Accent
Tesla Model S Mitsubishi Lancer
Ford F-250 SuperCrew Mitsubishi Mirage
Chevrolet Silverado 3500 Chevrolet Sonic

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Vehicle Make and Models with the Lowest and Highest Comprehensive Claims
Lowest Claim Frequency Highest Claim Frequency
Infiniti QX50 Bentley Continental GTC
Nissan Leaf Maserati Granturismo
Nissan Xterra Audi S7
Volvo V60 Mercedes-Benz S Class
Chevy Spark BMW M6
GMC Sierra 2500 Bentley Continental GT

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Vehicle Models with the Lowest and Highest Auto Insurance Collision Claims
Lowest Claim Frequency Highest Claim Frequency
GMC Canyon Maserati Ghibli
Smart ForTwo BMW M6
Ford Edge Maserati Granturismo
Chevrolet Colorado Bentley Continental Flying Spur
Jeep Wrangler Ferrari 458
Mini Cooper BMW 6 Series

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Lowest and Highest Car Insurance Liability Claims by Vehicle Make and Model
Lowest Claim Frequency Highest Claim Frequency
Fiat 500 Dodge Charger
Subaru Outback Kia Optima
Acura MDX Kia Rio
Audi A6 Mitsubishi Mirage
Subaru Forester Chevrolet Sonic
Chevrolet Corvette Chevrolet Cruze

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Affordable car insurance rates are out there

When shopping online for car insurance, don't be tempted to skimp on coverage in order to save money. In too many instances, an insured cut full coverage and discovered at claim time they didn't purchase enough coverage. Your focus should be to find the BEST coverage for the lowest price.

We just presented a lot of information how to get a better price on car insurance in Kannapolis. The key concept to understand is the more companies you get prices for, the higher your chance of finding inexpensive Kannapolis car insurance quotes. You may even be surprised to find that the biggest savings come from the smaller companies.

Drivers who switch companies do it for a variety of reasons including policy non-renewal, high prices, policy cancellation or extreme rates for teen drivers. It doesn't matter why you want to switch finding a new company can be less work than you think.

Additional information can be found below: