Have you ever had the feeling that you are not getting cheap automobile insurance currently? According to a new survey, you may be one of the many policyholders who are being overcharged. If the renewal is coming you should check if there are more discounts to ask for. This will quickly show how you are being priced at the moment and if it is time to move on.
All the discounts you can qualify for is listed in that page. If you have a good record you have plenty choices in the market. Most companies offer good rates for various reasons and some offer further reductions if you switch to them. It is best to find out about options instead of carrying the nagging feeling that you could save money.
The Surveys about Vehicle Insurance Discounts to Ask for
A survey carried out by Harris Interactive on behalf of Progressive Insurance suggests that drivers deserve discounts and they do not seem to be getting or asking for. According to progressive about 40% of them could have gotten lower car insurance rates. If you round up that number for the US motorists it is approximately 70 million of them and god knows how many billions of dollars in lost savings.
Many people drive less hours than they initially told in quote forms. They are safer if they are only out on sociable hours. These are the reasons why the company believes policyholders don’t know about possible discounts they can qualify for and that is why they aren’t getting them.
In numbers, 50% of the survey participants say that they drive less than twelve thousand miles a year. It is less than the national average of thirteen and half thousand. Probably many motorists were automatically assumed to be making at least this many miles. Over 80% consider themselves to be cautions and defensive on the roads. Nearly 90% of participants never travel between midnight and four am, which time period is considered to be most dangerous.
One Way of Proving You Are a Better Driver Than Most
The company believes in rewarding safer applicants with lower rates. They come up with a new way of calculating premiums in their Snapshot program. Snapshot is a device fitted to policyholders’ vehicles and sends information about driving habits back to the reporting center. Premiums are calculated on the real information according to the hours on the road and precautions taken, recorded by this device.
There is no reason for high premiums when a driver only goes to work and back at reasonable hours, do not make sudden stops, cross at red lights or return home after late partying. The savings are there for you if you are up for allowing the little gadget to be fitted. There are others that offer similar pay as you drive insurance if you are interested in giving this option full consideration. Telematics are great devices that can save you money by showing what type of a risk you are.
This solution is actually great for youngsters and following a huge premium rise due to accidents. You keep low key for the next policy term and you are back on the market as someone with one year no claim bonus. Then you can pick any company you like if you did not like Progressive or others offering similar telematic programs. Or indeed pick a traditional package from them. However, you should enjoy the benefits of this innovation in the meantime.
Auto Insurance Savings You Can Qualify Now?
Believe that there are other easy and cool solutions in the market when you just had a surprisingly high renewal quote. You can unearth them on your own with the help of the Internet or see a broker to take it up for you. There are times that we are in desperate need of a few hundred dollars. Once you let it fly out of your wallet that money is never coming back no matter how badly you need it.
You shouldn’t let another renewal go by without searching to see if you can get better deals. Do it for the fun of it if you are not hard up. The process is very easy and you can even start right here on our platform.