It’s a fact that insurance companies don’t want you to look at other companies. People who get price quotes annually will most likely buy a different policy because there is a great chance of finding a more affordable policy. A recent car insurance study revealed that drivers who routinely compared rates saved approximately $70 a month compared to other drivers who never compared prices.
If saving money on insurance is your ultimate objective, learning the best way to compare car insurance can save time and money.
The most effective way to get discount Toyota MR2 Spyder insurance in Durham is to compare prices regularly from insurers who sell insurance in North Carolina. Price quotes can be compared by following these steps.
- Step 1: Take a little time to learn about car insurance and the things you can change to keep rates in check. Many policy risk factors that result in higher rates such as traffic tickets, fender benders, and an unacceptable credit rating can be amended by making small lifestyle or driving habit changes.
- Step 2: Compare price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agents can provide rate quotes for a wide range of companies. Begin your rate comparison
- Step 3: Compare the new rate quotes to your current policy premium to see if a cheaper price is available. If you find better rates and decide to switch, make sure coverage does not lapse between policies.
One thing to point out is to use the same level of coverage on each quote request and and to get rates from as many carriers as you can. This provides a level playing field and the best rate selection.
It’s important to know that comparing more rates from different companies will improve the odds of getting a lower rate than you’re paying now.
The companies in the list below can provide free quotes in Durham, NC. If multiple companies are listed, it’s highly recommended you get rate quotes from several of them in order to find the most affordable rates.
Auto insurance policy discounts for Toyota MR2 Spyder insurance in Durham
Some companies don’t list every discount available in a way that’s easy to find, so we took the time to find some of the best known and the harder-to-find discounts you could be receiving when you buy Durham car insurance online.
- Senior Citizen Rates – If you qualify as a senior citizen, you may receive a small decrease in premiums.
- Auto/Life Discount – If the company offers life insurance, you could get lower premium rates if you buy life insurance.
- Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them take driver’s ed class as it can save substantially.
- Discounts for Good Drivers – Insureds who avoid accidents could pay up to 40% less as compared to drivers with claims.
- Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems help deter theft and will qualify for a discount on a Durham car insurance quote.
- Save with More Vehicles Insured – Buying coverage for multiple cars or trucks on a single policy can reduce the rates for all insured vehicles.
- Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems may qualify for discounts of 20% or more.
- Active Service Discounts – Having an actively deployed family member can result in better prices.
- Government Employee Discount – Being employed by or retired from a federal job may qualify for a discount when you quote Durham car insurance depending on your auto insurance provider.
- Claim Free – Insureds with no claims or accidents are rewarded with significantly better rates on Durham car insurance quote as compared to accident-prone drivers.
Don’t be shocked that most credits do not apply to the entire policy premium. Most only reduce individual premiums such as comp or med pay. Even though it appears having all the discounts means you get insurance for free, that’s just not realistic.
Popular auto insurance companies and a selection of discounts are shown below.
- State Farm may include discounts for passive restraint, good student, multiple autos, accident-free, student away at school, driver’s education, and anti-theft.
- Esurance policyholders can earn discounts including anti-theft, renters, anti-lock brakes, Switch & Save, multi-policy, multi-car, and claim free.
- Progressive offers premium reductions for multi-vehicle, continuous coverage, online quote discount, online signing, and good student.
- Liberty Mutual discounts include new vehicle discount, new graduate, new move discount, multi-policy, newly married, good student, and preferred payment discount.
- Auto-Owners Insurance offers discounts including group or association, paperless, safe vehicle, company car, teen driver, and air bags.
- GEICO has discounts for multi-policy, membership and employees, daytime running lights, anti-theft, seat belt use, and defensive driver.
If you need affordable Durham car insurance quotes, ask all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts might not apply everywhere. To locate auto insurance companies that provide some of the discounts listed above in Durham, follow this link.
Durham auto insurance company ratings
Picking the best company can be difficult considering how many companies sell coverage in Durham. The information displayed below can help you pick which auto insurers you want to consider putting your business with.
Top 10 Durham Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
- Allstate – A+
Top 10 Durham Car Insurance Companies Overall
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Seven Tips to Get Lower-cost Durham Insurance Rates
Consumers need to have an understanding of some of the elements that go into determining the rates you pay for car insurance. If you have a feel for what impacts premium levels, this helps enable you to make changes that can help you get lower premium levels. Lots of things are used when you get your auto insurance bill. Some factors are common sense such as traffic violations, but other factors are less apparent like your vehicle usage or your vehicle rating.
Shown below are a few of the “ingredients” used by your company to calculate your rates.
Liability limits on your policy – The liability coverage on your policy will provide protection if ever you are responsible for damages caused by your negligence. Liability insurance provides legal defense coverage to defend your case. Liability insurance is pretty cheap compared to physical damage coverage, so drivers should make sure they buy enough to cover all assets.
Teen drivers are expensive to insure – More mature drivers are more responsible, cause fewer claims and accidents, and are safer drivers. Beginning drivers tend to be less responsible when driving so car insurance rates are higher.
File claims and pay more – If you are a frequent claim filer, you should expect either policy cancellation or increased premiums. Car insurance companies in North Carolina award lower rates to policyholders who are not frequent claim filers. Your car insurance is designed for the large, substantial claims.
Men pay more for insurance – Statistics demonstrate that females tend to be a little less risky than males. The data does not necessarily mean that men are worse drivers. Women and men tend to get into accidents in similar percentages, but males have costlier accidents. Men also receive more major tickets like DWI (DUI) or reckless driving.
Discounts for alarm systems – Buying a car with advanced anti-theft systems can earn a premium discount. Theft deterrent systems such as OnStar, LoJack tracking, and tamper alarms can help prevent car theft.
Car plus home equals more savings – Many companies provide better rates to policyholders who consolidate policies with them. It’s known as a multi-policy discount. Discounts can add up to 10 percent or more. Even if you’re getting this discount drivers will still want to compare other company rates to help guarantee you have the best rates.
Pay less with a high IIHS safety rating – Cars with five star safety ratings tend to have better insurance rates. Vehicles built for safety reduce occupant injuries and reduced instances of injuries means less money paid by your insurance company and lower rates for you. If your Toyota has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.