Do you want to learn to get more affordable insurance rates in Lake Elsinore, CA? Shopping for the cheapest quotes on the web can appear to be difficult for beginners to shopping for insurance over the internet. With literally dozens of insurance companies available, how can anyone possibly compare each option to find the lowest price available?
Statistics show that most insurance policyholders in California kept their coverage with the same insurance company for at least four years, and almost 40% of drivers have never quoted insurance rates at all. Most drivers in America could save about $860 every year, but most just don't grasp the actual amount they would save if they switched to a more affordable policy.
Consumers should take time to do rate comparisons quite often because prices are adjusted regularly by insurance companies. Even if you got the best rate on insurance a couple years back you may be paying too much now. Ignore everything you know about insurance because we're going to demonstrate one of the best ways to buy cheaper insurance.
Obtaining price quotes for the best insurance policy in Lake Elsinore is not as time-consuming as you think. Basically, every car owner who is required to buy insurance will probably find lower prices. But California consumers must learn how the larger insurance companies market insurance on the web and use it to your advantage.
How to get cheap insurance in Lake Elsinore
To find cheaper quotes, there are a couple of ways to compare rate quotes from local Lake Elsinore insurance companies. The best method to find competitive insurance rates involves getting comparison quotes online.
When quoting insurance, remember that quoting more will improve the odds of getting lower pricing. Some regional insurers cannot provide rate quotes online, so you should also compare prices on coverage from those companies, too.
The auto insurance companies shown below can provide free quotes in California. If you want to find the best cheap auto insurance in California, it's a good idea that you get price quotes from several of them in order to get a fair rate comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LS 2WD||$1,322||$661||$110|
|Chevrolet Malibu LS||$1,390||$695||$116|
|Chevrolet Silverado Crew Cab Hybrid 4WD||$1,708||$854||$142|
|Dodge Ram Quad Cab Laramie 4WD||$1,596||$798||$133|
|Ford Escape XLS 4WD||$1,482||$741||$124|
|Ford F-150 Lariat Crew Cab Platinum 4WD||$1,466||$733||$122|
|Ford Focus SES 4-Dr Sedan||$1,804||$902||$150|
|Honda Accord EX-L 4-Dr Sedan||$1,452||$726||$121|
|Honda CR-V LX 4WD||$1,324||$662||$110|
|Honda Civic LX 2-Dr Coupe||$1,822||$911||$152|
|Honda Odyssey EX W/Rear Entertainment||$1,702||$851||$142|
|Hyundai Elantra SE 4-Dr Sedan||$1,638||$819||$137|
|Nissan Altima 2.5 S 2-Dr Coupe||$1,586||$793||$132|
|Nissan Rogue SL AWD||$1,498||$749||$125|
|Toyota Camry SE||$1,638||$819||$137|
|Toyota Corolla XRS||$1,830||$915||$153|
|Volkswagen Jetta S 4-Dr Sedan||$1,334||$667||$111|
|Get Your Own Custom Quote Go|
Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Premium costs do not factor in specific Lake Elsinore garaging location which can decrease or increase rates greatly.
Tickets and at-fault accidents raise rates
The illustration below shows how violations and at-fault claims impact Hyundai Sonata insurance prices for different insured age categories. The data assumes a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.
Hyundai Sonata rates are for example purposes only. To get rates for your specific vehicle, click here.
Affordable rates on insurance with these discounts
The price of auto insurance can be rather high, but there could be significant discounts that could help you make your next renewal payment. Certain discounts will be applied at the time you complete a quote, but some may not be applied and must be inquired about before they will apply. If you check and find you aren't receiving every discount you qualify for, you're just leaving money on the table.
- Discounts for Federal Employees - Active or retired federal employment can save as much as 8% with some insurance companies.
- Claim Free - Good drivers with no accidents pay less in comparison with drivers with a long claim history.
- Clubs and Organizations - Belonging to qualifying clubs or civic groups is a simple method to lower premiums when getting a Lake Elsinore auto insurance quote.
- Multi-car Discount - Buying a policy with multiple vehicles with the same insurance company can get a discount on all vehicles.
- Cautious Driver Discounts - Drivers without accidents can save up to 40% or more on their Lake Elsinore auto insurance quote than their less cautious counterparts.
- Payment Discounts - By paying your policy upfront rather than paying in monthly installments you could save up to 5%.
- Telematics Data - Drivers who elect to allow driving data collection to track driving patterns by using a small device installed in their vehicle such as State Farm's In-Drive could save a few bucks if they show good driving skills.
- ABS Braking Discount - Cars equipped with ABS or steering control can stop better under adverse conditions and therefore earn up to a 10% discount.
- Theft Deterrent - Cars optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
It's important to understand that most of the big mark downs will not be given to the entire policy premium. Most cut individual premiums such as medical payments or collision. Despite the appearance that adding up those discounts means a free policy, you won't be that lucky. Any amount of discount will definitely lower your policy premium.
Some of the insurance companies that may include most of these discounts possibly include:
It's a good idea to ask every prospective company which discounts they offer. Some discounts may not apply to policyholders in Lake Elsinore. For a list of companies that offer some of these discounts in California, click here to view.
Insurance protects more than just your car
Despite the high cost of buying insurance in Lake Elsinore, paying for insurance may not be optional for several reasons.
First, just about all states have compulsory liability insurance requirements which means you are required to carry specific limits of liability insurance coverage if you don't want to risk a ticket. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if you have a loan on your vehicle, it's most likely the lender will require you to have comprehensive coverage to protect their interest in the vehicle. If the policy lapses, the bank may buy a policy for your vehicle for a lot more money and require you to pay for the much more expensive policy.
Third, insurance protects not only your vehicle but also your financial assets. It will also cover many types of medical costs for yourself as well as anyone injured by you. Liability insurance also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, your policy will pay to restore your vehicle to like-new condition.
The benefits of having insurance definitely exceed the cost, especially if you ever need it. But the average driver in California overpays as much as $750 every year so you should quote rates at every policy renewal to save money.
Insurance can be complex
When it comes to insurance from an agent or online, there is no cookie cutter policy. Your financial needs are unique.
These are some specific questions may help you determine if your insurance needs will benefit from professional help.
- Which companies are cheaper for teen drivers?
- Am I getting all the discounts available?
- How much liability insurance is required?
- Where can I get insurance after a DUI in California?
- What does roadside assistance cover?
- Is my vehicle covered for flood damage?
- Do I need special coverage while pulling a rented trailer?
- Who is covered when they drive my vehicle?
If it's difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don't have a local agent, fill out this quick form.