If saving money is your primary concern, then the best way to find low-cost Pontiac Solstice insurance in Durham is to start comparing rates regularly from providers in North Carolina.
First, gain an understanding of how companies price auto insurance and the changes you can make to prevent expensive coverage. Many risk factors that increase rates like your driving record and a less-than-favorable credit score can be amended by being financially responsible and driving safely.
Second, request rate estimates from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from one company like Progressive or State Farm, while independent agents can provide price quotes from multiple sources. View a list of agents
Third, compare the price quotes to your existing policy to determine if switching companies saves money. If you find a lower rate quote and decide to switch, ensure there is no coverage lapse between policies.
One important bit of advice is to make sure you enter similar coverage information on every price quote and and to look at as many auto insurance providers as possible. Doing this guarantees a fair rate comparison and a thorough selection of prices.
It goes without saying that insurance companies don’t want policyholders to shop around. Consumers who shop for lower prices will, in all likelihood, switch companies because they have a good chance of finding a policy with better rates. A recent insurance study revealed that people who make a habit of shopping around saved over $865 a year compared to other drivers who didn’t regularly shop around.
If finding the lowest price for car insurance in Durham is your ultimate goal, knowing how to get free comparison quotes and analyze car insurance can make the process more efficient.
The majority of larger companies such as State Farm and Allstate provide prices directly from their websites. Getting online quotes for Pontiac Solstice insurance in Durham is fairly simple as you simply enter your coverage preferences as detailed in the form. After the form is submitted, their rating system gets your driving and credit reports and generates pricing information based on these and other factors. Getting online price quotes for Pontiac Solstice insurance in Durham streamlines rate comparisons, and it is important to perform this step if you want to find the lowest payment possible.
To find out how much you’re overpaying now, compare rates from the companies below. If you have your current policy handy, we recommend you complete the form with the insurance coverages exactly as they are listed on your policy. This helps ensure you will get a rate comparison using the same coverage and limits.
The following companies offer price quotes in Durham, NC. To locate cheaper auto insurance in Durham, it’s a good idea that you visit several of them to get the best price comparison.
Car insurance in North Carolina serves several purposes
Even though it’s not necessarily cheap to insure a Pontiac in Durham, car insurance may be mandatory for several reasons.
First, most states have minimum mandated liability insurance limits which means state laws require a specific level of liability protection if you want to drive legally. 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 lienholder, almost every bank will make it mandatory that you have physical damage coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender may insure your Pontiac at a significantly higher premium and force you to pay for it.
Third, insurance safeguards your car and your assets. Insurance will pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance will also pay attorney fees if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, your car insurance policy will pay to repair the damage minus the deductible amount.
The benefits of having insurance more than cancel out the cost, specifically if you ever have a liability claim. Unknowingly, the average driver is currently overpaying as much as $850 per year so compare rates once a year at a minimum to make sure the price is not too high.
How Insurance Companies Determine Pontiac Solstice Insurance Costs
Many different elements are part of the calculation when you get a price on insurance. Some are pretty understandable like your driving record, but others are less obvious such as your credit history or how safe your car is. A large part of saving on auto insurance is knowing the rating factors that go into determining the level of your policy premiums. When you know what positively or negatively influences your rates, this allows you to make educated decisions that could help you find much lower annual insurance costs.
Credit history impacts premium prices – Having a good credit score can be an important factor in determining premium rates. If your credit rating leaves room for improvement, you could pay less to insure your Pontiac Solstice by improving your rating. Insureds with high credit scores tend to be less risk to insure than drivers with worse credit.
Auto insurance lapses raise auto insurance rates – Driving your car without having proper coverage can get your license suspended and as a result your rates will increase for letting your insurance coverage expire. Not only will rates go up, the inability to provide proof of insurance could result in a steep fine or even jail time. You will then be forced to file a SR-22 with the North Carolina motor vehicle department.
Do you need those extra policy coverages? – There are a lot of extra coverages that sound like a good idea at the time if you aren’t diligent. Insurance for replacement cost coverage, better glass coverage, and Farm Bureau memberships are probably not needed. They may seem like a good idea when deciding what coverages you need, but if you have no use for them consider taking them off your policy.
Drive a safer car and pay less – Vehicles with high crash test scores get lower rates. Vehicles engineered for safety result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims and thus lower rates.
Best car insurance in North Carolina
Buying coverage from the right auto insurance provider is difficult considering how many different insurance companies sell coverage in Durham. The company ratings shown next could help you analyze which coverage providers to look at shopping your coverage with.
Top 10 Durham Car Insurance Companies Overall
- Travelers
- USAA
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
- American Family
Find cheap car insurance rates by comparing often
We covered many ways to lower your Pontiac Solstice insurance auto insurance rates in Durham. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your premium rates. You may even be surprised to find that the most savings is with a smaller regional carrier. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as State Farm, GEICO and Nationwide.
Budget-friendly car insurance in Durham is definitely available on the web in addition to many Durham insurance agents, and you should compare price quotes from both to have the best rate selection. A few companies do not offer online quoting and usually these small insurance companies sell through local independent agents.
To read more, feel free to visit the following helpful articles:
- Five Mistakes to Avoid (Insurance Information Institute)
- Who Has Cheap Durham Auto Insurance Rates for a Chevrolet Silverado? (FAQ)
- Who Has the Cheapest Auto Insurance for Teenagers in Durham? (FAQ)
- How Much is Car Insurance for Nurses in Durham? (FAQ)
- Vehicle Insurance in the U.S. (Wikipedia)
- What is Covered by GAP Insurance? (Allstate)
- Prepare your Teens for Safe Driving (InsureUonline.org)