Shopping for auto insurance can be a complicated and confusing process. You might not know what to look for or if the policy you’re considering provides good coverage. Additionally, finding a policy that is affordable can seem impossible.
When you’re comparing auto insurance rate quotes, there are a few crucial things to consider before signing up for a policy. We’ll cover those points for you below.
Comparing Auto Insurance Rate Quotes
Comparing auto insurance rate quotes from a number of different carriers will help you find the best rate for your unique situation. There are dozens of online comparison sites you can use that will compare rates from various insurance companies. This way, you can see the best auto insurance rates from companies all around Utah.
As you’re looking at rates from national carriers, be sure to pay attention to local and regional brokers as well. These companies, such as Miller & Associates, may offer lower car insurance rates and better customer service.
Understand the Factors That Affect Your Premium
There are a number of factors that affect your monthly payment other than your driving record. These include:
- Gender and age
- Marital status
- Where you live
- Credit score
- Profession
- Vehicle safety rating
- Vehicle size
- How old your car is
- Probability of theft
- Driving history
- Driving activity
While each of these factors will affect your overall rate, your driving history and habits are the biggest determinants of your premium. If you’ve been in a few accidents or received a couple of tickets, an auto insurance company may view you as a risky driver and charge you a higher rate than someone with a clean driving record.
Additionally, insurance companies may change your rate based on what you use your car for. For example, if you frequently travel long distances in your car for work, you have a higher chance of being in an accident. An insurance company may increase your monthly rate to compensate for that higher risk.
Raise Your Deductible
The deductible is the amount of money you pay out-of-pocket before your insurance coverage kicks in. For example, if you cause an accident and the total cost of repairs is $4,000 and your deductible is $1,000, you’ll only have to pay $1,000. Your insurance plan will cover the remaining $3,000 balance.
As you’re searching for auto insurance rate quotes, consider raising your deductible. Doing so may help you lower your monthly premium. However, it’s important to keep in mind that raising your deductible means increasing the amount of money you have to pay before coverage kicks in. Raising it too high could cause you financial hardship later on.
Claim Your Discounts
Many insurance carriers provide auto insurance discounts for military personnel, safe drivers, straight-A students, and more. Depending on the insurance company, you may qualify for a discount if you:
- Are a previous or current member of the military
- Have maintained a clean driving record for a certain number of years
- Are an active or retired federal employee
- Are a full-time student with a good academic record
- Have an additional vehicle insured with the same insurance company
- Pay your premiums on time every month
When comparing insurance quotes, be sure to look at the discounts provided by each carrier to ensure you’re getting the best rate.
Find the Right Plan at Miller & Associates
Finding the best auto insurance rates in Utah can be a daunting task. With so many carriers and coverage options, you may struggle to find a policy that’s right for you.
At Miller & Associates, we’re proud to provide the Wasatch Front with insurance services that are comprehensive and affordable. No matter the type of vehicle you drive, Miller & Associates’ auto insurance coverage will keep you, your family, and your vehicle safe from accident or damage.
Contact us today to learn more about our auto coverage or get a free insurance quote!
