How many times have you told yourself to find more competitive auto insurance rates in Hudson, OH? No one is fond of buying auto insurance, especially when they are aware that the cost is too high.

Astonishing but true according to a recent study, over 70% of consumers have bought auto insurance from the same company for at least four years, and approximately 38% of consumers have never compared rates to find affordable insurance. Most drivers in Ohio could pocket $729 a year by just shopping around, but they just don't understand the large savings they would see if they bought a different policy.

There is such a variety of insurance companies to pick from, and though it is a good thing to have multiple companies, having more insurers makes it harder to get the best deal.

It's smart to get comparison quotes every six months because insurance prices are adjusted regularly by insurance companies. Despite the fact that you may have had the lowest price on auto insurance on your last policy there may be better deals available now. Forget all the misinformation about auto insurance because you're going to learn the things you must know in order to find lower rates on auto insurance.

Cheap auto insurance companies in Hudson

The providers in the list below are our best choices to provide comparison quotes in Hudson, OH. If more than one company is shown, it's a good idea that you get rate quotes from several of them to get the best price comparison.

Insurance Estimates for Popular Vehicles in Hudson
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Malibu LT $798 $399 $67
Chevrolet Silverado Crew Cab Hybrid 2WD $1,130 $565 $94
Dodge Grand Caravan SXT $888 $444 $74
Dodge Ram Crew Cab ST 4WD $738 $369 $62
Ford Edge SE 2WD $622 $311 $52
Ford Escape Limited 4WD $652 $326 $54
Ford F-150 XL Regular Cab 4WD $908 $454 $76
Ford Focus S 4-Dr Sedan $590 $295 $49
Honda Accord LX 4-Dr Sedan $508 $254 $42
Honda CR-V EX 4WD $684 $342 $57
Honda Civic SI 2-Dr Coupe $708 $354 $59
Honda Odyssey EX W/Rear Entertainment $784 $392 $65
Hyundai Elantra Blue 4-Dr Sedan $816 $408 $68
Hyundai Sonata GLS 4-Dr Sedan $566 $283 $47
Jeep Grand Cherokee Limited 4WD $746 $373 $62
Nissan Altima Hybrid 4-Dr Sedan $748 $374 $62
Toyota Camry XLE $632 $316 $53
Toyota Corolla XRS $668 $334 $56
Toyota RAV4 Sport 4WD $764 $382 $64
Get Your Own Custom Quote Go

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rates do not factor in specific location which can alter premiums noticeably.

Violations and accidents raise rates

The diagram below illustrates how speeding tickets and accidents drive up Ford F-150 insurance costs for each different age category. The prices are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.

Ford F-150 rates are for example purposes only. To get rates for your specific vehicle, click here.

Difference between full coverage and liability only rates

The example below examines Honda Accord auto insurance rates with and without full coverage. The rate quotes are based on no violations or claims, $100 deductibles, single female driver, and no discounts are factored in.

Honda Accord rates are for example purposes only. To get rates for your specific vehicle, click here.

When to stop paying for full coverage

There is no definitive rule that works best for making the decision to drop physical damage coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is 10% or more of replacement cost minus your deductible, then it might be time to buy liability only.

For example, let's assume your Honda Accord replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $3,000 after you pay the deductible. If it's costing you more than $300 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some cases where removing full coverage is not recommended. If you still owe money on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.

Don't overlook these car insurance discounts

Not many people think insurance is cheap, but you might already qualify for some discounts that many people don't even know exist. Many of these discounts will be applied automatically when you quote, but occasionally some discounts must be asked about in order for you to get them.Discount car insurance

One last thing about discounts, most of the big mark downs will not be given to the entire cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like it's possible to get free car insurance, it doesn't quite work that way.

A partial list of companies who might offer these money-saving discounts may include but are not limited to:

Before buying, ask each company how many discounts you can get. Depending on the company, some discounts may not apply everywhere.

Why you might pay higher rates in Hudson

Multiple criteria are used when you get a price on insurance. Most are fairly basic such as your driving record, but other criteria are less apparent such as whether you are married or how safe your car is. Consumers need to have an understanding of the rating factors that aid in calculating the rates you pay for auto insurance. If you have some idea of what influences your rates, this empowers consumers to make smart changes that may result in lower auto insurance prices.

The items below are some of the most common factors used by insurance companies to determine your prices.

Local Hudson insurance agents

A lot of people would rather buy from a local agent and that can be a smart move A nice benefit of comparing rates online is you may find the lowest rates and also buy local. Buying insurance from local agents is important particularly in Hudson.

Insurance agents in HudsonAfter filling out this simple form, the coverage information is instantly submitted to local insurance agents who want to provide quotes for your business. You don't have to search for an agent since price quotes are sent directly to you. You can find better rates without having to waste a lot of time. If you want to get a rate quote from one company in particular, you would need to jump over to their website and fill out their quote form.

Exclusive or Independent: There is a difference

When looking for an insurance agent, it's important to understand the different types of agencies that differ in how they can insure your vehicles. Agents in Hudson are classified as either exclusive agents or independent agents.

Independent Insurance Agents

Agents of this type are not limited to a single company so they can quote policies with a variety of different insurance companies and find you cheaper rates. If you want to switch companies, your agent can switch companies and you stay with the same agent. If you are comparing rate quotes, you should always contact a few independent agents for the best price selection.

Exclusive Insurance Agencies

Exclusive agencies can only write with one company such as State Farm, Allstate, and Farm Bureau. They usually cannot provide prices from multiple companies so if the price isn't competitive there isn't much they can do. Exclusive agencies are usually well trained in insurance sales which helps overcome the inability to quote other rates.

Picking an car insurance agent needs to be determined by more than just the premium amount. The answers to these questions are important, too.

If you get good answers to any questions you may have and an affordable coverage quote, you have narrowed it down to a car insurance agent that is reliable enough to properly service your auto insurance policy.

Save $470 a year! What?

Popular auto insurance providers such as State Farm and Allstate consistently run television, radio, and online ads. They all state the claim that you'll save big if you switch to them. How does every company claim to save you money? You have to listen carefully.

Most companies have specific guidelines for the type of customer that earns them the highest profit. An example of a profitable customer could possibly be between the ages of 30 and 50, is a homeowner, and drives a car with an anti-theft system. Anybody who matches that profile will probably get cheap prices and have a good chance to save quite a bit of money when switching.

People who do not fit the "perfect" profile will be charged higher prices and this results in the prospect going elsewhere. Company advertisements say "people who switch" not "all people who quote" save that much. That's why insurance companies can confidently make claims that they all have the best prices.

Because of this risk profiling, you should do a rate comparison at every renewal. It's just too difficult to predict which company will give you lower premium rates than your current company.

Insurance claim statistics

Do you own a high-claim vehicle? The statistics tables below show the worst and best vehicle makes and models for the overall chance of filing claims organized by coverage.

Medical Payment Claims by Vehicle Model
Lowest Overall Losses Highest Overall Losses
Audi A4 Allroad Mitsubishi Lancer
Land Rover Range Rover Sport Nissan Versa
Ford Expedition Chevrolet Sonic
Chevrolet Corvette Kia Forte
Chevrolet Silverado 2500 Hyundai Accent
Ford F-250 SuperCrew Chrysler 200

Statistics from IIHS.org for 2013-2015 Model Years

Car Insurance Collision Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Jeep Wrangler BMW 6 Series
Mini Cooper Bently Continental GTC
Nissan Xterra Audi RS7
Ford F-150 SuperCrew BMW M6
GMC Canyon Bentley Continental Flying Spur
Ford F-250 SuperCab Nissan GT-R

Statistics from IIHS.org for 2013-2015 Model Years

Manufacturer Models with the Lowest and Highest Bodily Injury Liability Claims
Lowest Overall Losses Highest Overall Losses
Fiat 500 Kia Optima
Subaru Forester Mitsubishi Mirage
Audi A6 Chevrolet Cruze
Chevrolet Corvette Dodge Charger
Subaru Outback Kia Rio
Mercedes-Benz SL Class Hyndai Accent

Statistics from IIHS.org for 2013-2015 Model Years

Car Insurance Comprehensive Claims by Manufacturer Model
Lowest Overall Losses Highest Overall Losses
Smart ForTwo BMW M6
Nissan Xterra Mercedes-Benz S Class
Ford F-350 Maserati Granturismo
Nissan Leaf Bentley Continental GT
GMC Sierra 2500 Bentley Continental GTC
Volvo V60 BMW M6

Statistics from IIHS.org for 2013-2015 Model Years

Don't give up on affordable premiums

In this article, we presented many tips how you can shop for car insurance online. It's most important to understand that the more providers you compare, the better your comparison will be. Consumers may even find the most savings is with a small local company. Regional companies can often insure niche markets at a lower cost than their larger competitors like Allstate, GEICO and Progressive.

When shopping online for car insurance, it's very important that you do not reduce needed coverages to save money. In many cases, drivers have reduced liability coverage limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your objective should be to get the best coverage possible at the best possible price, but do not sacrifice coverage to save money.

Additional information can be read at the links below