It’s an obvious assumption that car insurance companies don’t want you to look at other companies. Insureds who shop around once a year will probably buy a new policy because they have good chances of finding a more affordable policy. A recent survey discovered that drivers who compared rates once a year saved an average of $70 a month compared to people who don’t make a habit of comparing rates.
If saving the most money on car insurance in Cleveland is your objective, then understanding how to choose a company and compare cheaper coverage can save money and time.
If saving the most money is your goal, then the best way to get the cheapest auto insurance rates in Cleveland is to compare quotes once a year from providers in Ohio. Price quotes can be compared by following these guidelines.
- First, spend some time learning about how insurance works and the measures you can take to keep rates down. Many risk factors that cause rate increases like your driving record and a less-than-favorable credit rating can be rectified by making minor changes to your lifestyle.
- Second, request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from one company like GEICO and State Farm, while agents who are independent can quote rates from many different companies.
- Third, compare the price quotes to your current policy premium to see if cheaper Regal coverage is available. If you can save some money, make sure coverage is continuous and does not lapse.
A good tip to remember is to use identical limits and deductibles on each quote request and and to get prices from as many car insurance companies as possible. Doing this enables an apples-to-apples comparison and a thorough selection of prices.
Smart Buyers Save Every Year
Many different elements are taken into consideration when premium rates are determined. A few of the factors are predictable like your driving record, although some other factors are not quite as obvious such as your credit history or how financially stable you are. It’s important that you understand some of the factors that aid in calculating the price you pay for insurance. When you understand what influences your rates, this helps enable you to make changes that may result in cheaper rates.
- Save money by eliminating incidental coverages – Insurance companies have many extra coverages you can purchase but may not be useful. Insurance for rental car coverage, accidental death, and additional equipment coverage could be just wasting money. They may sound like good ideas initially, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
- Multi-policy discounts can save money – Lots of insurers allow discounts for people who have multiple policies with them in the form of a multi-policy discount. Even though this discount sounds good, consumers should still comparison shop to verify if the discount is saving money.
- Never let your coverage expire – Driving your car without having proper coverage is a big no-no and you will pay a penalty because you let your coverage have a gap. And not only will your rates increase, being ticketed for driving with no insurance will get you a hefty fine and possibly a revoked license.
- Prices can change based on your address – Having an address in small towns and rural areas is a positive aspect when buying insurance. City drivers regularly have congested traffic and longer commute times. Fewer drivers and short commutes means fewer accidents and also fewer theft and vandalism claims.
- The type of car makes a difference – The performance level of the car you are trying to find cheaper insurance for makes a big difference in your rates. Small economy passenger models usually have the lowest premiums, but your final cost has many other factors.
- How do annual miles impact costs? – Driving a lot of miles in a year the higher your rates will be. Almost all companies charge to insure your cars partially by how you use the vehicle. Autos used primarily for pleasure use receive lower rates than vehicles that have high annual mileage. A policy that improperly rates your Regal is just wasting money. Make sure your insurance declarations sheet correctly shows the correct usage for each vehicle.
- Is you job costing you more? – Occupational choices like real estate brokers, air traffic controllers, and financial analysts generally have higher premiums than the average policyholder in part from intense work-related stress and long work hours. On the flip side, occupations like scientists, athletes and performers pay lower than average rates.
Insurance loss probability for a Buick Regal – Insurers use past loss statistics for each vehicle as a tool for profitable underwriting. Vehicles that the data determines to have higher claim frequency or loss amount will cost more to insure.
The next table shows the insurance loss data used by companies for Buick Regal vehicles. For each policy coverage, the loss probability for all vehicles compiled together is a value of 100. Percentage numbers below 100 suggest losses that are better than average, while percentages above 100 indicate higher probability of having a loss or tendency to have larger claims.
Buick Regal Insurance Loss Statistics Specific Buick Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Buick Regal 2WD 96 92 82 104 94 97 Buick Regal 4WD 113 87BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Check for these discounts on Buick Regal insurance in Cleveland
Some providers don’t list every possible discount very well, so the list below contains both well-publicized as well as some of the hidden discounts that may be available.
- Auto/Home Discount – If you combine your auto and home policies with one insurance company you will save as much as 10 to 15 percent.
- Military Discounts – Being on active duty in the military may qualify for rate reductions.
- Multi-Vehicle Discounts – Having multiple vehicles with one company can get a discount on all vehicles.
- Accident Forgiveness – This isn’t a discount exactly, but companies like Progressive, State Farm and GEICO may permit one accident before your rates go up so long as you are claim-free for a particular time prior to the accident.
- Professional Organizations – Having an affiliation with qualifying employment or professional organizations could trigger savings on your policy.
- Onboard Data Collection – Insureds who allow driving data collection to track when and where they use their vehicle remotely such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they exhibit good driving behavior.
- Renewal Discounts – A few auto insurance companies allow discounts for signing up before your current Regal insurance policy expires. This can save 10% or more.
A quick disclaimer, most discount credits are not given to the entire cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So when it seems like you can get free auto insurance, you’re out of luck. But all discounts will definitely lower the premium cost.
Some of the insurance companies that may offer many of the previously listed discounts possibly include:
If you need lower rates, check with every insurance company what discounts are available to you. Depending on the company, some discounts might not be offered on policies in Cleveland. To see auto insurance companies that offer many of these discounts in Ohio, click here to view.
Ratings for Cleveland auto insurance companies
Picking a good quality company is difficult considering how many different companies there are to choose from in Ohio. The ranking data in the lists below could help you analyze which companies you want to consider to insure your vehicles.
Top 10 Cleveland Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Liberty Mutual
- Erie Insurance
Top 10 Cleveland Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 92%
- Erie Insurance – 88%
- American Family – 88%
- State Farm – 88%
- Nationwide – 88%
- 21st Century – 88%
- AAA Insurance – 87%
- Liberty Mutual – 87%
- Farmers Insurance – 87%
- The Hartford – 87%
You can lower your car insurance rates
As you restructure your insurance plan, don’t be tempted to skimp on coverage in order to save money. In many cases, someone dropped liability coverage limits and discovered at claim time that the few dollars in savings costed them thousands. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost while not skimping on critical coverages.
People change insurance companies for any number of reasons including policy cancellation, policy non-renewal, high rates after DUI convictions or lack of trust in their agent. Regardless of your reason, finding the right car insurance provider is not as hard as you think.
Some insurance providers may not have the ability to get quotes online and usually these small, regional companies only sell coverage through local independent agents. Discount Buick Regal insurance can be purchased on the web and also from your neighborhood Cleveland agents, and you should compare price quotes from both to have the best selection.
Additional car insurance information is located at the links below
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Who Has Affordable Car Insurance Quotes for High Risk Drivers in Cleveland? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Drivers Over Age 50 in Cleveland? (FAQ)
- Who Has the Cheapest Cleveland Auto Insurance for High School Students? (FAQ)
- What Auto Insurance is Cheapest for a Toyota Camry in Cleveland? (FAQ)
- Who Has the Cheapest Auto Insurance Rates After a Speeding Ticket in Cleveland? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers Under 21 in Cleveland? (FAQ)
- How Much are Cleveland Car Insurance Quotes for a Nissan Altima? (FAQ)
- Liability Insurance Coverage (Nationwide)
- What is a Telematics Device? (Allstate)