Surprisingly, a recent survey revealed that the majority of drivers have bought auto insurance from the same company for well over three years, and nearly 40% of drivers have never even shopped around for cheap coverage. Many drivers in Alaska could cut their rates by up to $368 a year, but they don’t want to spend time to compare rate quotes online.
If your goal is the lowest price, then the best way to get affordable Pontiac Solstice insurance in Anchorage is to start comparing prices regularly from companies in Alaska. Prices can be compared by completing these steps.
Step 1: Gain an understanding of the coverage provided by your policy and the measures you can take to keep rates in check. Many policy risk factors that increase rates such as careless driving and an imperfect credit history can be controlled by improving your driving habits or financial responsibility. Read the full article for more details to help keep prices low and find possible discounts that are available.
Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give prices from one company like GEICO and Allstate, while agents who are independent can provide price quotes from many different companies. Find an Anchorage insurance agent
Step 3: Compare the new rate quotes to your current policy premium and see if you can save money. If you find a lower rate quote and buy the policy, make sure coverage is continuous and does not lapse.
Step 4: Provide adequate notice to your current company of your intention to cancel the current policy and submit the required down payment along with the signed application to your new insurance company. Once coverage is bound, put the certificate of insurance in your glove compartment.
One tip to remember is that you’ll want to compare identical coverages on each price quote and and to get price quotes from as many different companies as possible. Doing this provides a fair price comparison and the best price quote selection.
If you are paying for car insurance now, you will most likely be able to find better prices using this strategy. Quoting and buying affordable coverage in Anchorage is not as time-consuming as you think. But Alaska consumers can benefit by having an understanding of how insurance companies determine how much to charge and take advantage of how the system works.
All the larger car insurance companies such as State Farm and Allstate provide prices for coverage directly from their websites. Getting online rates for Pontiac Solstice insurance in Anchorage is quite easy as all you need to do is type in the amount of coverage you want into the form. Once you submit the form, the company’s rating system will obtain your credit score and driving record and returns a price quote.
The ability to get online price quotes for Pontiac Solstice insurance in Anchorage makes it a lot easier to compare rates and it’s necessary to do this if you are searching for a lower rate.
To save time and find out how much you can save on car insurance, compare rate quotes from the providers shown below. If you have coverage now, it’s recommended you input the limits and deductibles as shown on your current policy. Doing this assures you will be getting a fair comparison based on similar coverages.
The providers in the list below have been selected to offer free quotes in Alaska. If your goal is to find cheap car insurance in Anchorage, we suggest you visit two to three different companies to get a more complete price comparison.
Anchorage Insurance Prices are Influenced by These Factors
One of the most helpful ways to save on insurance is to to have a grasp of the factors that help determine the rates you pay for insurance. When you know what positively or negatively determines base rates, this allows you to make educated decisions that could help you find much lower annual insurance costs. Many factors are taken into consideration when premium rates are determined. Some factors are common sense like an MVR report, although some other factors are more transparent such as your marital status or your commute time.
Guys tend to take more risk – Over the last 30 years, statistics show females are less aggressive when driving. However, don’t assume that women are better drivers. Females and males are responsible for accidents in similar percentages, but the males tend to have more serious accidents. Men also statistically have more aggressive citations like DUI and reckless driving. Teenage male drivers generally have the highest accident percentage so it costs more to insure them.
Save money by having excellent credit – Having a bad credit rating will be a significant factor in calculating your insurance rates. So if your credit is low, you could save money insuring your Pontiac Solstice by improving your credit score. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with lower ratings.
Rate your vehicle for proper use – The higher the mileage driven every year the higher the price you pay to insure it. A lot of insurance companies apply a rate based on their usage. Vehicles that have low annual miles qualify for better rates than those that get driven frequently. Make sure your policy properly reflects the proper vehicle usage, because it can save money. Having an incorrect usage rating on your Solstice can cost quite a bit.
Insurance costs are higher for high performance vehicles – The performance of the car you own makes a substantial difference in determining your rates. The cheapest rates tend to be for economy passenger cars, but many other things help determine your insurance rates.
Increase physical damage deductibles and save – Comp and collision deductibles represent how much money you are required to spend before a claim is paid by your company. Protection for physical damage, also called ‘full coverage’, insures against damage to your car. Examples of covered claims are a windshield broken by a bird, collision with a deer, and damage from wind. The more you pay before a claim is paid (deductible), the lower your rates will be.
Cautious drivers pay lower rates – Drivers with clean records get better rates than their less careful counterparts. Having a single speeding ticket may cause rates to rise to the point where it’s not affordable. Drivers who have multiple tickets such as reckless driving, hit and run or driving under the influence may face state-mandated requirements to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent their license from being revoked.
Prevent theft and save – Buying a car that has a built-in theft deterrent system can help bring down rates. Theft deterrent systems like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder your vehicle from being stolen.
Experienced drivers pay less – Inexperience drivers are statistically proven to be careless and easily distracted when driving with friends so they pay higher insurance rates. Adding a beginning driver onto your insurance can break the bank. Older drivers are viewed as being more responsible, are lower risk to insure, and usually have better credit.
Buying the right vehicle insurance in Alaska is an important decision
Despite the fact that car insurance is not cheap in Anchorage, car insurance is required in Alaska but it also protects you in many ways.
- Almost all states have minimum mandated liability insurance limits which means you are required to carry a specific minimum amount of liability coverage in order to get the vehicle licensed. 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 have a loan on your Pontiac, it’s most likely the lender will make it mandatory that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender may insure your Pontiac at a significantly higher premium and force you to pay the higher premium.
- Insurance safeguards both your assets and your Pontiac Solstice. It will also cover hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of insuring your Solstice more than cancel out the cost, particularly if you ever have a claim. But the average American driver is currently overpaying as much as $855 a year so shop around at every renewal to ensure rates are inline.