Do you need a better way to compare lower-priced car insurance rates in Garfield Heights, OH? Do you think you bought overpriced car insurance? You're in good company because many Garfield Heights consumers feel financially strained by their car insurance policy.
Astonishing but true, the vast majority of drivers have bought car insurance from the same company for over three years, and nearly half have never quoted car insurance rates at all. Garfield Heights drivers can cut their rates by almost $700 a year just by comparing rates, but they don't believe the rate savings if they moved their coverage to a different company.
Due to the increasing number of choices, it's nearly impossible to find the right insurer.
It's smart to do price comparisons before your next renewal because insurance prices change frequently. Even if you think you had the best price on car insurance six months ago the chances are good that you can find a lower rate today. Block out anything you think you know about car insurance because it's time to teach you the best way to find better rates and still maintain coverage.
Garfield Heights insurance costs are influenced by these factors
Many different elements are considered when pricing auto insurance. Some are obvious like an MVR report, although others are more transparent like your vehicle usage or how financially stable you are. Smart consumers have a good feel for the rating factors that play a part in calculating insurance rates. If you have a feel for what controls the rates you pay, this allows you to make good choices that could result in much lower annual insurance costs.
The list below includes a few of the "ingredients" insurance companies consider when setting your rates.
- Do you know you're credit rating? - Credit rating is a large factor in determining what you pay for insurance. If your credit score leaves room for improvement, you may save money insuring your vehicle by spending a little time repairing your credit. Insureds with excellent credit scores tend to file fewer claims as compared to drivers with poor credit.
- Eliminate unneeded extra policy coverages - There are many additional coverages that you can buy when buying insurance. Insurance for vanishing deductibles, accidental death, and additional equipment coverage may be wasting your money. They may sound like good ideas at first, but if you don't need them consider taking them off your policy.
- Better drivers pay better premiums - Having a single chargeable violation can increase rates by as much as twenty percent. Drivers who don't get tickets get better prices compared to drivers with tickets. Drivers who have gotten dangerous violations such as DWI, reckless driving or hit and run convictions may be required to complete a SR-22 with their state's department of motor vehicles in order to drive a vehicle legally.
- Lower rates with a multi-policy discount - Most larger insurance companies give better rates to policyholders who have multiple policies with them in the form of a multi-policy discount. This can amount to ten percent or more. Even if you qualify for this discount already, it's in your best interest to compare other rates to help ensure you have the lowest rates. Consumers may save more without the discount by splitting coverages up.
- Big cities have higher premiums - Living in small towns and rural areas is a positive aspect when buying insurance. People in densely populated areas have more traffic problems and a longer drive to work. Less people living in that area means a lower chance of having an accident in addition to fewer liability claims.
- Your career may increase rates - Do you have a high-stress occupation? Occupational choices like fire fighters, architects and medical professionals generally have higher premiums than the average policyholder in part from intense work-related stress and long work hours. Other careers such as professors, engineers and retirees get better rates.
- Lower prices with alarm systems - Driving a car that has an advanced theft prevention system can save you some money. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent your car from being stolen.
- Your gender affects premiums - Over the last 30 years, statistics show that females tend to be a little less risky than males. Now that doesn't mean women are BETTER drivers than men. They both get in auto accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. In addition to higher claims, males also receive more major tickets like DWI (DUI) or reckless driving. Male teenagers generally have the highest accident percentage and therefore have the most expensive insurance rates.
Just remember that quoting more provides better odds of finding the best price.
The companies in the list below are our best choices to provide free quotes in Ohio. If more than one company is shown, we suggest you visit as many as you can to get the cheapest price.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LS 2WD||$904||$452||$75|
|Chevrolet Impala LT||$868||$434||$72|
|Chevrolet Malibu LTZ||$852||$426||$71|
|Chevrolet Silverado LT Crew Cab 4WD||$776||$388||$65|
|Dodge Ram Crew Cab Sport 2WD||$686||$343||$57|
|Ford Escape XLT 2WD||$496||$248||$41|
|Ford Explorer XLT 2WD||$628||$314||$52|
|Ford F-150 XL Crew Cab 2WD||$592||$296||$49|
|Ford Focus SE 4-Dr Sedan||$652||$326||$54|
|Honda Accord EX-L 4-Dr Sedan||$842||$421||$70|
|Honda CR-V EX-L 4WD||$530||$265||$44|
|Honda Civic LX 4-Dr Sedan||$716||$358||$60|
|Hyundai Elantra SE Touring Station Wagon||$726||$363||$61|
|Kia Optima SX||$788||$394||$66|
|Nissan Altima 2.5 S 2-Dr Coupe||$1,014||$507||$85|
|Nissan Rogue SL 2WD||$922||$461||$77|
|Toyota Camry XLE||$722||$361||$60|
|Toyota Corolla LE||$840||$420||$70|
|Toyota Tacoma Double Cab 4WD||$764||$382||$64|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Table data does not factor in specific zip code location which can affect price quotes substantially.
Comparison of policy deductibles
The chart below shows how different deductible levels and can raise or lower Ford F-150 yearly insurance costs for different age groups. The information is based on a single male driver, comp and collision included, and no other discounts are factored in.
Ford F-150 rates are for example purposes only. To get rates for your specific vehicle, click here.
Where to set your deductibles
One of the more difficult decisions when buying auto insurance is where to set your physical damage deductibles. The tables below can help illustrate how much more rates are between low and high policy deductibles. The first set of rates uses a $250 deductible for physical damage and the second pricing table uses a $1,000 deductible.
Honda Pilot rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Pilot LX 2WD||$176||$242||$226||$14||$68||$751||$63|
|Pilot EX 2WD||$198||$242||$226||$14||$68||$773||$64|
|Pilot EX 4WD||$198||$242||$226||$14||$68||$773||$64|
|Pilot EX-L 2WD||$198||$296||$226||$14||$68||$827||$69|
|Pilot EX-L 4WD||$198||$296||$226||$14||$68||$827||$69|
|Pilot Touring 2WD||$198||$296||$226||$14||$68||$827||$69|
|Pilot Touring 4WD||$198||$296||$226||$14||$68||$827||$69|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Pilot LX 2WD||$108||$152||$226||$14||$68||$568||$47|
|Pilot EX 2WD||$122||$152||$226||$14||$68||$582||$49|
|Pilot EX 4WD||$122||$152||$226||$14||$68||$582||$49|
|Pilot EX-L 2WD||$122||$186||$226||$14||$68||$616||$51|
|Pilot EX-L 4WD||$122||$186||$226||$14||$68||$616||$51|
|Pilot Touring 2WD||$122||$186||$226||$14||$68||$616||$51|
|Pilot Touring 4WD||$122||$186||$226||$14||$68||$616||$51|
|Get a Quote for Your Vehicle Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Price information does not factor in specific Garfield Heights garaging location which can decrease or increase coverage prices greatly.
We can estimate from the data above that using a $250 deductible costs roughly $17 more each month or $204 each year than quoting the higher $1,000 deductible. Because you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 44 months between claim filings, you would probably be better off if you choose a higher deductible. The illustration below shows an example of how you can decide this on your own policy.
|Average monthly premium for $250 deductibles:||$67|
|Average monthly premium for $1,000 deductibles (subtract):||- $50|
|Monthly savings from raising deductible:||$17|
|Difference between deductibles ($1,000 - $250):||$750|
|Divide difference by monthly savings:||$750 / $17|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||44 months|
One important note is that a higher deductible level results in having to pay to pay more out-of-pocket when you have a physical damage claim. That will require enough money in the bank in the event you have to pay the deductible for vehicle repair.
Comparison of auto insurance rates by gender
The diagram below visualizes the comparison of insurance premiums for male and female drivers in Garfield Heights. The prices are based on no violations or accidents, comp and collision included, $1,000 deductibles, drivers are not married, and no other discounts are factored in on a Chevrolet Tahoe LT.
Chevrolet Tahoe rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Can you really save that much by switching?
Companies like Allstate, GEICO and Progressive regularly use ads on television and other media. They all advertise claims that people will save after switching to their company. But how can every company cost less than your current company?
Many companies have a certain "appetite" for the type of driver that earns them a profit. For instance, a profitable risk profile should be between 30 and 50, has had continuous coverage, and drives a safe vehicle. Someone who matches that profile will probably get cheap prices and will probably cut their auto insurance rates if they switch.
Insureds who do not match this ideal profile may be required to pay higher premiums which usually ends up with business going elsewhere. If you listen to the ad wording, they say "customers who switch" but not "everyone who gets a quote" will save that much if they switch. This is how insurance companies can state the savings. Each company has different criteria, so you really need to quote coverage with many companies. Because without a comparison, you cannot know which insurance companies will have the lowest rate quotes.
Auto insurance is an important decision
Despite the fact that auto insurance is not cheap in Garfield Heights, paying for auto insurance serves an important purpose.
- Almost all states have mandatory liability insurance requirements which means state laws require a specific minimum amount of liability protection in order to drive the car legally. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your vehicle has a lienholder, most banks will stipulate that you have insurance to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your vehicle for a much higher rate and make you pay the higher premium.
- Insurance protects both your vehicle and your personal assets. It also can pay for many types of medical costs for yourself as well as anyone injured by you. As part of your policy, liability insurance will also pay to defend you in the event you are sued. If mother nature or an accident damages your car, your policy will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance outweigh the cost, especially for larger claims. On average, a vehicle owner in Garfield Heights is overpaying over $865 each year so you should quote your policy with other companies every year to make sure the price is not too high.
Check for these price cutting discounts
Insuring your fleet can be pricey, but there are discounts available to reduce the price significantly. A few discounts will be applied when you purchase, but a few need to be inquired about before you get the savings.
- Defensive Driving Course - Participating in a course in defensive driving could earn you a small percentage discount depending on where you live.
- Claim-Free Discount - Drivers who don't have accidents can earn big discounts as compared to accident-prone drivers.
- Telematics Data Discounts - Policyholders that allow their company to track vehicle usage remotely such as Progressive's Snapshot and State Farm's In-Drive could save a few bucks if they have good driving habits.
- Savings for New Vehicles - Insuring a new car can cost up to 25% less because newer vehicles have to meet stringent safety requirements.
- Government Employees - Having worked for a branch of the government could qualify for a slight premium decrease with some car insurance companies.
- Good Grades Discount - Performing well in school can earn a discount of 20% or more. The discount lasts until age 25.
- Save over 55 - Drivers over the age of 55 can possibly qualify for a small decrease in premiums.
- Military Rewards - Being deployed in the military may qualify for rate reductions.
- Braking Control Discount - Cars that have anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
- Drivers Ed for Students - Have your child participate in a local driver's education class if offered at their school.
You can save money using discounts, but most credits do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. So even though it sounds like you could get a free car insurance policy, that's just not realistic.
Large car insurance companies and a selection of discounts can be read below.
- State Farm has discounts for good driver, accident-free, safe vehicle, good student, and driver's education.
- GEICO may have discounts that include multi-policy, federal employee, multi-vehicle, anti-theft, and anti-lock brakes.
- Allstate discounts include premier discount, passive restraint, defensive driver, anti-lock brakes, 55 and retired, and auto/life discount.
- SAFECO offers discounts for accident prevention training, homeowner, drive less, anti-lock brakes, and anti-theft.
- Farm Bureau policyholders can earn discounts including safe driver, renewal discount, driver training, good student, and multi-vehicle.
- Progressive includes discounts for good student, homeowner, online signing, continuous coverage, and online quote discount.
- AAA offers premium reductions for anti-theft, education and occupation, pay-in-full, multi-car, multi-policy, good driver, and AAA membership discount.
When getting a coverage quote, ask every insurance company to apply every possible discount. Some credits may not apply in your area.
Are car insurance agents of importance?
Many drivers still prefer to go talk to an agent and doing that can be a smart decision One of the great benefits of getting free rate quotes online is that you can obtain cheap insurance rates but also keep your business local.
To find an agent, once you fill out this quick form, your insurance coverage information gets sent to insurance agents in Garfield Heights who will give you bids and help you find cheaper coverage. You never need to search for an agent since rate quotes are delivered directly to your email. Get lower rates without having to waste a lot of time. If you need to compare rates from a specific insurance company, you would need to go to their quote page and complete a quote there.
Selecting a insurance company should depend on more than just the price. You should also get answers to these questions.
- Do they have designations such as AIC, CPCU, or CIC?
- Is coverage determined by price?
- Which members of your family are coverage by the policy?
- How long has their agency been open in Garfield Heights?
- What are their preferred companies if they are an independent agency?
Exclusive agents vs. Independent agents
If you want a good Garfield Heights insurance agent, it helps to know the two types of insurance agents to choose from. Agents in Garfield Heights can be described as either independent or exclusive depending on the company they work for.
Exclusive Insurance Agencies
Agents that choose to be exclusive can only provide pricing for a single company like State Farm, AAA, Farmers Insurance or Allstate. Exclusive agencies are unable to compare other company's rates so it's a take it or leave it situation. These agents are trained well in insurance sales and that can be a competitive advantage.
These type of agents do not write with just one company so as a result can place your coverage through lots of different companies and potentially find a lower price. If your agent finds better pricing, your agent can switch companies and you stay with the same agent.
When comparing insurance rates, you absolutely need to get rate quotes from a few independent agents to have the best price comparison.
Persistence is the key to cheaper rates
We covered a lot of techniques to reduce car insurance rates online in Garfield Heights. The key concept to understand is the more rate quotes you have, the better your chances of lowering your auto insurance rates. You may even be surprised to find that the best rates are with some of the lesser-known companies. Regional companies may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.
The cheapest car insurance in Garfield Heights is possible on the web and with local Garfield Heights insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies may not provide online price quotes and usually these smaller providers only sell coverage through independent insurance agents.
More tips and info about car insurance is available in the articles below:
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- What Car Insurance is Cheapest in Mentor, Ohio? (FAQ)
- What is the Cheapest Auto Insurance in Middletown, Ohio? (FAQ)
- What Auto Insurance is Cheapest for a 20 Year Old Male in Ohio? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Drivers with Bad Credit in Ohio? (FAQ)
- Auto Insurance FAQ (Farmers Insurance)
- Collision Insurance Coverage (Nationwide)
- Smart Auto Insurance Tips (Insurance Information Institute)
- Eight Auto Insurance Myths (Insurance Information Institute)