If saving money is your primary concern, then the best way to find cheaper auto insurance rates is to compare prices regularly from different companies in Tampa. Rate comparisons can be done by completing these steps.
- Take a few minutes and learn about how insurance works and the factors you can control to keep rates down. Many factors that are responsible for high rates such as traffic citations and a not-so-good credit history can be controlled by improving your driving habits or financial responsibility.
- Request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or State Farm, while independent agents can quote rates from multiple insurance companies.
- Compare the new quotes to your existing rates and determine if there is any savings. If you find a lower rate quote and switch companies, make sure there is no coverage gap between policies.
- Provide proper notification to your current company to cancel your current car insurance policy and submit a down payment along with a completed application to your new carrier. Immediately place your new certificate verifying proof of insurance in an accessible location in your vehicle.
An important note is to make sure you enter similar deductibles and liability limits on each quote request and and to get rates from as many car insurance companies as possible. Doing this enables an apples-to-apples comparison and a complete price analysis.
A recent NerdWallet.com study revealed that most consumers in Florida have remained with the same auto insurance company for a minimum of four years, and nearly the majority have never quoted auto insurance rates at all. U.S. consumers could save about $860 every year by just comparing quotes, but they just don’t want to shop their coverage around.
If you have coverage now, you will most likely be able to get lower rates using the ideas presented in this article. Buying the cheapest auto insurance in Tampa is not rocket science. But Florida car owners can benefit by having an understanding of the way companies sell insurance online because rates fluctuate considerably.
Learn How to Lower Your Insurance Premiums
Multiple criteria are used in the calculation when you quote your car insurance policy. Some are pretty understandable like an MVR report, but some are more obscure such as whether you are married or your commute time. Part of the car insurance buying process is learning some of the things that help calculate car insurance rates. If you understand what impacts premium levels, this allows you to make good choices that can earn you lower premium levels.
How’s your driving record? – Careful drivers get better rates as compared to careless drivers. Only having one speeding ticket or other violation could increase your next policy renewal to the point where it’s not affordable. Drivers who have gotten serious violations like DUI or reckless driving may face state-mandated requirements to prove financial responsibility with their state in order to drive a vehicle legally.
City dwellers may pay more – Residing in smaller towns and rural areas of the country is a positive aspect when insuring your vehicles. People in densely populated areas tend to have traffic congestion and more severe claims. Fewer drivers means fewer accidents and lower theft and vandalism rates.
Pay more out-of-pocket – Comprehensive and collision coverage deductibles are the amount of money the insured will be required to pay before a claim is paid by your company. Physical damage coverage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some instances where coverage would apply are rear-ending another vehicle, fire damage, or theft of your vehicle. The higher the amount you have to pay, the lower your rates will be.
How much liability – The liability coverage on your policy provides coverage if ever a court rules you are at fault for damages caused by your negligence. It will provide legal defense coverage up to the limits shown on your policy. Liability insurance is pretty cheap compared to comp and collision, so drivers should make sure they buy enough to cover all assets.
Florida auto insurance companies
Choosing a good quality insurance company can be challenging considering how many different companies there are to choose from in Tampa. The ranking information displayed below may help you decide which car insurance companies to look at shopping prices with.
Top 10 Tampa Car Insurance Companies Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Find cheap rates by being thorough
Throughout this article, we presented a lot of ways to get a better price on Subaru Crosstrek insurance in Tampa. The key thing to remember is the more companies you get prices for, the more likely it is that you will get a better rate. Consumers may even find the best premium rates are with a company that doesn’t do a lot of advertising. These smaller insurers may cover specific market segments cheaper as compared to the big name companies such as Progressive or GEICO.
Lower-priced Subaru Crosstrek insurance in Tampa can be bought on the web and from local insurance agents, and you should be comparing both so you have a total pricing picture. A few companies may not provide online price quotes and these smaller companies only sell coverage through independent agents.
For more information, feel free to browse these articles:
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Who Has the Cheapest Tampa Car Insurance for 17 Year Olds? (FAQ)
- What Insurance is Cheapest for a Honda Accord in Tampa? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Safe Drivers in Tampa? (FAQ)
- Who Has Affordable Auto Insurance for High School Students in Tampa? (FAQ)
- What Auto Insurance is Cheapest for Uber Drivers in Tampa? (FAQ)
- What to do at the Scene of an Accident (Insurance Information Institute)
- Understanding Limits and Deductibles (Allstate)
- Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)