Best Ways to Save on Anchorage Saab 9-3 Insurance

It’s an obvious conclusion that auto insurance companies want to keep you from shopping around. Insureds who compare rates annually are inclined to move their business because there is a great chance of finding discount prices. A recent survey revealed that people who regularly compared price quotes saved approximately $3,400 over four years compared to people who never compared prices.

If finding the cheapest price on car insurance in Anchorage is why you’re reading this, knowing the best ways to find and compare auto insurance can make it easier for you to save money.

The most effective way to get more affordable Saab 9-3 insurance is to do an annual price comparison from companies who sell insurance in Anchorage.

• First, learn about the different coverages in a policy and the steps you can take to keep rates in check. Many rating criteria that are responsible for high rates such as traffic tickets, fender benders, and a bad credit rating can be controlled by making minor changes to your lifestyle.
• Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like GEICO or Farmers Insurance, while independent agents can quote prices from multiple companies. Select a company
• Third, compare the new rate quotes to the price on your current policy to determine if you can save on 9-3 insurance in Anchorage. If you find better rates, make sure coverage does not lapse between policies.
• Fourth, provide written notification to your current company of your decision to cancel your current auto insurance policy and submit the completed application along with a down payment to your new company or agent. Once coverage is bound, place the new certificate verifying coverage with your registration paperwork.

One important bit of advice is to make sure you’re comparing identical limits and deductibles on each quote request and and to get prices from every insurance company. Doing this guarantees an apples-to-apples comparison and a complete price analysis.

If you are insured now or just want to reduce your rates, you can use these tips to buy cheaper auto insurance and possibly find even better coverage. Quoting and comparing more affordable auto insurance policy in Anchorage is not as difficult as people think. Comparison shoppers only need to know the best way to shop for auto insurance from many different companies online.

Compare Anchorage Saab 9-3 insurance price quotes

All the larger auto insurance companies like Progressive, GEICO, Allstate and State Farm give prices directly from their websites. Comparing Saab 9-3 insurance rates online doesn’t take a lot of time as you simply type in your required coverages into a form. When the form is submitted, the quote system will obtain your driving and credit reports and returns pricing information based on many factors.

Quoting online for Saab 9-3 insurance in Anchorage makes it a lot easier to compare rates and it is imperative to perform this step if you are searching for the cheapest price possible.

To quickly get comparison pricing now, visit the companies below or click here to submit a quote request to multiple companies at once. If you currently have coverage, we recommend you replicate coverages and limits just like they are on your policy. Using the same limits helps guarantee you will receive comparison quotes based on identical coverages.

The providers in the list below are ready to provide comparison quotes in Alaska. If multiple companies are listed, we recommend you visit several of them to get the best price comparison.

Three good reasons to insure your vehicle

Despite the potentially high cost of Saab 9-3 insurance, car insurance is most likely required but also gives you several important benefits.

• Almost all states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability protection in order to license the vehicle. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your 9-3 with a loan, most banks will stipulate that you carry insurance to ensure they get paid if you total the vehicle. If you let the policy lapse, the lender will be forced to insure your Saab for a lot more money and force you to pay for it.
• Car insurance preserves not only your Saab but also your assets. It will also pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.

The benefits of carrying adequate insurance outweigh the cost, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $810 a year so it’s very important to do a rate comparison every year to be sure current rates are still competitive.

Coverage analysis

The rate information displayed next showcases detailed analysis of insurance premium costs for Saab 9-3 models. Being aware of how prices are formulated is important to be able to make smart choices when choosing a car insurance company.

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Information does not factor in vehicle location which can influence coverage prices considerably.

Rate comparison for different deductibles

When buying car insurance, a common question is which deductible level should you buy. The rates below may help to conceptualize the difference in cost between high and low policy deductibles. The first rate comparisons uses a $100 physical damage deductible and the second pricing table uses a $500 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Prices do not factor in the specific area where the vehicle is garaged which can change prices noticeably.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs approximately $24 more each month or $288 every year than selecting the higher $500 deductible. Since you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you have more than 17 months between claim filings, you would more than likely save some money by going with a higher deductible.

An important sidenote is that higher deductibles means you will have to cover more of the damage yourself when you have a comprehensive or collision claim. You need enough extra money in the event you have to pay the deductible.

Does it make sense to buy full coverage?

The illustration below illustrates the difference between Saab 9-3 insurance costs when comparing full coverage to liability only. The data is based on no violations or claims, $500 deductibles, single status, and no discounts are applied.

When to eliminate full coverage

There is no clear-cut formula to delete comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than 10% of replacement cost minus your deductible, then it may be the right time to buy liability only.

For example, let’s say your Saab 9-3 replacement cost is $3,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after the deductible is paid. If you are currently paying more than $200 annually for physical damage coverage, then it may be the right time to buy liability only.

There are some cases where dropping physical damage coverage is not a good idea. If you still have a lienholder on your title, you must maintain physical damage coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Don’t overlook these Saab 9-3 insurance discounts

Some insurers don’t always list all available discounts very clearly, so we researched some of the more common as well as the least known credits that may apply to you.

• Club Memberships – Belonging to specific professional or occupational memberships or organizations is a good way to get lower rates on your next renewal.
• Driver Safety – Participating in a driver safety class could cut 5% off your bill and easily recoup the cost of the course.
• Telematics Data Discounts – Insureds who allow companies to spy on where and when they drive by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction if they exhibit good driving behavior.
• Discounts for Cautious Drivers – Drivers who don’t get into accidents can pay as much as 50% less than their less cautious counterparts.
• Sign Early and Save – A few auto insurance companies offer discounts for signing up prior to your current 9-3 insurance policy expiration. Ten percent is about the average savings.
• Senior Citizens – Older drivers can possibly qualify for reduced rates.

As a footnote on discounts, most discounts do not apply to your bottom line cost. Some only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like you can get free auto insurance, companies don’t profit that way.

The chart below illustrates the difference between Saab 9-3 car insurance costs with and without discounts applied to the premium. The price estimates are based on a male driver, no claims or violations, Alaska state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, homeowner, multi-car, safe-driver, and claim-free discounts applied.

To view insurance companies offering auto insurance discounts in Anchorage, follow this link.