Did you make the mistake of buying overpriced car insurance? It's quite common and many North Olmsted drivers feel the same as you.
Unimaginable but true, almost 70% of drivers have been with the same company for well over three years, and approximately 40% of consumers have never quoted rates to find affordable coverage. Many consumers in Ohio could cut their rates by nearly 55% a year by just comparing rate quotes, but most tend to underestimate the large savings they would see if they switch to a new company.
Drivers have multiple insurers to insure vehicles with, and even though it's nice to be able to choose, having more insurance companies makes it harder to locate the cheapest rates.
You should take the time to do rate comparisons before your next renewal since prices are variable and change quite frequently. Even if you think you had the lowest price on car insurance a few years ago a different company probably has better rate quotes today. There is a lot of bad advice regarding car insurance on the internet, but we're going to give you some tested techniques to find cheap car insurance in North Olmsted.
How to get North Olmsted car insurance quotes
Most larger insurance companies allow you to get coverage prices on their websites. The process is possible for anyone as you just enter the coverages you want into the quote form. Once entered, the system requests your driving and credit reports and quotes a price determined by many factors. Quoting online simplifies rate comparisons, and it's necessary to compare as many rates as possible if you want to find the cheapest price on car insurance.
To quickly use this form to compare rates, check out the car insurance providers below. If you have coverage now, it's recommended that you enter coverages and limits identical to your current policy. This way, you're receiving a rate comparison using the same coverage and limits.
The following companies provide comparison quotes in North Olmsted, OH. If multiple companies are listed, it's highly recommended you visit as many as you can to get a more complete price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LTZ Extended Cab 2WD||$808||$404||$67|
|Dodge Ram Quad Cab SLT 4WD||$746||$373||$62|
|Ford Edge SE 2WD||$802||$401||$67|
|Ford Escape XLT 4WD||$522||$261||$44|
|Ford Explorer XLT AWD||$510||$255||$43|
|Ford F-150 Lariat Super Cab 2WD||$732||$366||$61|
|Ford Focus SES 4-Dr Sedan||$622||$311||$52|
|GMC Sierra SLE Crew Cab 2WD||$764||$382||$64|
|Honda Accord LX 4-Dr Sedan||$582||$291||$49|
|Honda CR-V LX 2WD||$564||$282||$47|
|Honda Civic EX-L 2-Dr Coupe||$748||$374||$62|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$618||$309||$52|
|Nissan Altima 2.5 S 4-Dr Sedan||$760||$380||$63|
|Toyota Camry Hybrid||$816||$408||$68|
|Toyota Corolla S||$760||$380||$63|
|Toyota RAV4 2WD||$704||$352||$59|
|Get Your Own Custom Quote Go|
Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Estimates do not factor in vehicle location which can revise coverage rates noticeably.
A question often asked by North Olmsted drivers is at what level do you set your deductibles. The premium rates below help summarize how much more rates are between high and low insurance deductibles. The first rate table uses a $250 deductible for comp and collision and the second rate chart uses a $1,000 deductible.
Nissan Altima 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|
|Altima 2.5 4-Dr Sedan||$176||$296||$226||$14||$68||$805||$67|
|Altima 2.5 S 4-Dr Sedan||$176||$348||$226||$14||$68||$857||$71|
|Altima Hybrid 4-Dr Sedan||$198||$348||$226||$14||$68||$879||$73|
|Altima 2.5 S 2-Dr Coupe||$198||$348||$256||$16||$76||$919||$77|
|Altima 3.5 SR 4-Dr Sedan||$198||$348||$226||$14||$68||$879||$73|
|Altima 3.5 SR 2-Dr Coupe||$198||$400||$256||$16||$76||$971||$81|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Altima 2.5 4-Dr Sedan||$108||$186||$226||$14||$68||$602||$50|
|Altima 2.5 S 4-Dr Sedan||$108||$220||$226||$14||$68||$636||$53|
|Altima Hybrid 4-Dr Sedan||$122||$220||$226||$14||$68||$650||$54|
|Altima 2.5 S 2-Dr Coupe||$122||$220||$256||$16||$76||$690||$58|
|Altima 3.5 SR 4-Dr Sedan||$122||$220||$226||$14||$68||$650||$54|
|Altima 3.5 SR 2-Dr Coupe||$122||$252||$256||$16||$76||$722||$60|
|Get a Quote for Your Vehicle Go|
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Price information does not factor in the specific area where the vehicle is garaged which can change price quotes greatly.
Based on this data, using a $250 deductible will cost in the ballpark of $19 more each month or $228 annually than choosing the higher $1,000 deductible. Since you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to average more than 39 months between claims, you would save money if you elect the higher deductible.
Earn discounts on North Olmsted car insurance
Some insurers don't always list every disount available in a way that's easy to find, so we researched some of the best known as well as the least known savings tricks you should be using when you buy North Olmsted auto insurance online.
- Military Rewards - Having a deployed family member can result in better rates.
- Senior Discount - If you qualify as a senior citizen, you may qualify for a discount up to 10%.
- Sign Online - A few larger companies provide a small discount shop North Olmsted auto insurance over the internet.
- Club Memberships - Having an affiliation with a qualifying organization can get you a small discount when getting a North Olmsted auto insurance quote.
- Multi-car Discount - Drivers who insure multiple cars or trucks with the same company can get a discount for every vehicle.
- Home Ownership Discount - Being a homeowner can save a few bucks since home ownership requires personal responsibility.
- One Accident Forgiven - Not a discount per se, but some companies like Liberty Mutual and GEICO permit an accident before hitting you with a surcharge if you are claim-free prior to the accident.
- Federal Government Employee - Active or former government employment can earn a discount up to 10% with certain companies.
- Telematics Devices - Drivers that enable driving data collection to analyze when and where they use their vehicle by using a small device installed in their vehicle such as State Farm's In-Drive could save a few bucks if they show good driving skills.
Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, it just doesn't work that way.
Some of the insurance companies that may offer policyholders many of the previously listed discounts include:
Before buying, ask each company or agent which discounts can lower your rates. Discounts might not be offered on policies in your state. To see a list of companies that offer multiple discounts in Ohio, click this link.
Cost influencing factors
It's important that you understand some of the factors that are used to determine your insurance rates. When you know what positively or negatively determines base rates, this enables informed choices that can earn you better insurance rates.
Men drivers tend to cost more - Statistics demonstrate that females take fewer risks when driving. Now that doesn't mean men are WORSE drivers than women. Both sexes are responsible for fender benders at a similar rate, but the male of the species have costlier accidents. They also get more serious tickets such as reckless driving.
Use but don't abuse your insurance - Car insurance companies in Ohio award the best rates to policyholders who only file infrequent claims. If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Your car insurance is designed for larger claims.
Cars with good safety ratings mean better prices - Safer cars tend to be cheaper to insure. Highly rated vehicles result in less severe injuries and fewer injuries means lower claim amounts and thus lower rates. If your car or truck scored better than an "acceptable" rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
Your spouse saves you money - Having a significant other may earn you lower rates on insurance. Having a spouse demonstrates that you tend to be more financially stable it has been statistically shown that married drivers tend to file fewer claims.
Performance influences premiums - The performance of the car you own makes a big difference in your car insurance bill. Small economy passenger cars usually are quite affordable to insure, but that's not the only thing that factors into the final price.
Tailor your auto insurance coverage to you
Always keep in mind that when comparing adequate coverage for your personal vehicles, there really isn't a "best" method to buy coverage. Your needs are unique to you.
These are some specific questions might point out whether your personal situation might need professional guidance.
- How can I get my company to pay me more for my totalled car?
- Is pet coverage available?
- How much coverage applies to personal belongings?
- Am I covered when delivering products for my home-based business?
- What happens if I owe more than my vehicle is worth?
- I have good health insurance, so how much medical payments coverage do I need?
If you don't know the answers to these questions, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form.
Save $387 a year. For real?
Auto insurance companies such as Progressive, GEICO, Allstate and State Farm seem to constantly run ads on TV and radio. They all seem to make the promise about how much you will save if you change to them. How do they all offer drivers better rates? It's all in how they say it.
Insurance companies have an ideal profile for the type of insured that earns them a profit. A good example of a desirable risk could be between the ages of 30 and 50, has a clear driving record, and does not commute to work. Any customer who matches that profile gets the lowest premium rates and therefore will save quite a bit of money when switching.
Drivers who are not a match for these criteria will have to pay higher premiums which translates to the customer not purchasing. The ads say "drivers who switch" but not "all drivers who get quotes" save that much. That's the way insurance companies can state the savings.
This really emphasizes why you absolutely need to do a quote comparison often. Because without a comparison, you cannot know the company that will provide you with the cheapest auto insurance in North Olmsted.
Insurance savings summarized
Consumers change insurance companies for any number of reasons including high prices, policy cancellation, being labeled a high risk driver and even extreme rates for teen drivers. It doesn't matter why you want to switch choosing a new insurance company is easier than you think.
Low-cost insurance in North Olmsted is possible both online in addition to many North Olmsted insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance companies may not have the ability to get quotes online and most of the time these small insurance companies sell through independent agents.
Throughout this article, we presented a lot of tips how to lower your insurance prices in North Olmsted. The key thing to remember is the more price quotes you have, the higher your chance of finding affordable North Olmsted auto insurance quotes. Consumers could even find that the most savings is with the least-expected company.
More tips and info about insurance is available in the articles below:
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Who Has Affordable Auto Insurance Quotes for a Ford F-150 in Ohio? (FAQ)
- How Much are Auto Insurance Quotes for Homeowners in Ohio? (FAQ)
- What is the Cheapest Auto Insurance in Newark, Ohio? (FAQ)
- Who Has Cheap Car Insurance Quotes for Good Drivers in Ohio? (FAQ)
- Who Has Cheap Ohio Car Insurance Quotes for Safe Drivers? (FAQ)
- Anti-Lock Brake FAQ (iihs.org)
- Preventing Carjacking and Theft (Insurance Information Institute)
- Teen Driver Licensing Information (iihs.org)