We don’t have to tell you that insurance companies don’t want their policyholders to compare prices. Insureds who compare rates annually will most likely buy a different policy because there is a good chance of finding a more affordable policy. Remarkably, a study showed that people who shopped around every year saved on average $860 a year compared to policyholders who never shopped around for cheaper prices.
If finding the cheapest rates on Hyundai Ioniq insurance is your intention, learning the best way to quote and compare car insurance can make it easier to shop your coverage around.
The preferred way to get more affordable car insurance rates in Columbus is to regularly compare price quotes from providers that sell auto insurance in Ohio.
- First, take a few minutes and learn about the different coverages in a policy and the modifications you can make to prevent high rates. Many risk factors that drive up the price like traffic violations, accidents, and a substandard credit score can be improved by being financially responsible and driving safely. Keep reading for tips to prevent rate hikes and earn larger discounts.
- Second, request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from one company like GEICO or Allstate, while independent agencies can quote prices from many different companies.
- Third, compare the new quotes to your existing coverage to determine if switching companies saves money. If you find a lower rate quote and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Fourth, provide notification to your current agent or company to cancel your current policy and submit the application along with any required down payment to your new carrier. Once the application is submitted, put the certificate of insurance with the vehicle registration.
The most important part of shopping around is to use identical limits and deductibles on each quote request and and to look at every insurance company. Doing this guarantees a fair rate comparison and the most accurate and complete price analysis.
Cheap companies for Hyundai Ioniq insurance in Ohio
The companies shown below are ready to provide free quotes in Columbus, OH. If multiple companies are shown, we suggest you visit as many as you can to get the best price comparison.
Five Things That Affect Your Insurance Rates
Consumers need to have an understanding of the factors that play a part in calculating your policy premiums. If you understand what influences your rates, this allows you to make good choices that could help you find cheaper rates. Lots of factors are part of the calculation when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, although some other factors are not as apparent like your continuous coverage or your vehicle rating.
The itemized list below are some of the factors companies use to determine your prices.
Your age impacts your rates – Older people are shown to be more cautious, are lower risk to insure, and usually have better credit. Inexperience drivers tend to get distracted easily with other occupants in the car so they pay higher auto insurance rates.
Premiums also based on gender – Statistics demonstrate that men are more aggressive behind the wheel. It does not mean men are WORSE drivers than women. Both sexes cause fender benders at a similar rate, but the males have costlier accidents. Men also tend to get cited for more serious violations like DWI (DUI) or reckless driving.
Where you call home can impact prices – Having an address in smaller towns and rural areas of the country can save you money when it comes to auto insurance. Lower population means less chance of accidents in addition to fewer liability claims. City drivers have to deal with more aggressive driving styles and much longer commute distances. The longer drive time means more chance of being in an accident.
Liability insurance – Liability coverage is the protection in the event that you are found liable for physical damage or personal injury to other. Your liability coverage provides legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to other policy coverages, so buy as much as you can afford.
Better rates on cars with good safety ratings – Safer cars tend to have better insurance rates. These vehicles reduce the chance of injuries and fewer serious injuries translates into savings for insurance companies and more competitive rates for policyholders.
Get discounts to get affordable Columbus insurance quotes
Insurance is not an enjoyable expense, but there may be some discounts that could help you make your next renewal payment. A few discounts will automatically apply at the time you complete a quote, but once in a while a discount must be requested specifically before they will apply.
- Discounts for Good Drivers – Drivers who avoid accidents can save up to 40% or more on their Columbus car insurance quote than their less cautious counterparts.
- Memberships – Being in qualifying employment or professional organizations may earn a discount on your next renewal.
- Policy Bundle Discount – If you combine your homeowners and auto policies with the same insurance company you could get a discount of 10% to 20% off each policy.
- Good Student Discount – Performing well in school can get you a discount of up to 25%. The good student discount can last until age 25.
- Discount for New Cars – Insuring a new Ioniq can get you a discount since new model year vehicles are generally safer.
- Paperwork-free – Many insurance companies give back up to $50 shop Columbus car insurance on the web.
- Accident Free – Good drivers with no accidents have much lower rates as compared to accident-prone drivers.
- Accident Forgiveness – Not necessarily a discount, but some companies like GEICO, Allstate and Liberty Mutual permit an accident without raising rates if your claims history is clear prior to the accident.
- Military Rewards – Having a family member in the military could be rewarded with lower premium rates.
As a footnote on discounts, some credits don’t apply to all coverage premiums. Some only reduce the cost of specific coverages such as liability and collision coverage. Even though the math looks like it’s possible to get free car insurance, you’re out of luck. Any qualifying discounts will lower your policy cost.
Some of the insurance companies that may include most of the discounts above include:
Before buying, ask each company how many discounts you can get. Savings might not be available to policyholders in your area. To see a list of providers that offer multiple discounts in Columbus, follow this link.
Are insurance agents a thing of the past?
Certain consumers would prefer to visit with an insurance agent and doing so can bring peace of mind Professional agents can make sure you are properly covered and help in the event of a claim. A good thing about price shopping on the web is you can get lower premium rates and still buy from a local agent. And providing support for local agencies is still important in Columbus.
For easy comparison, once you complete this simple form, your insurance data is submitted to local insurance agents who will give competitive quotes for your coverage. It makes it easy because there is no need to visit any agencies since price quotes are sent immediately to your email address. If you want to get a price quote from one company in particular, don’t hesitate to find their quoting web page and complete a quote there.
Choose the right auto insurance agent
If you are wanting to purchase car insurance from a reliable agent, there are two types of agencies and how they differ in how they can insure your vehicles. Car insurance agents are categorized either independent agents or exclusive agents. Both can sell and service car insurance coverage, but it is a good idea to know the difference in the companies they write for because it can impact which agent you choose.
Independent Agents (or Brokers)
Agents of this type often have affiliation with several companies and that gives them the ability to insure amongst many companies enabling the ability to shop coverage around. If your premiums go up, your agent can just switch to a different company and you can keep the same agent. When comparing rate quotes, you should always contact a couple of independent agencies so that you can do a thorough price comparison. Many can place coverage with smaller regional carriers who may have lower rates.
The following is a partial list of independent insurance agents in Columbus who can help you get pricing information.
- Augustine Insurance Agency
3851 N High St – Columbus, OH 43214 – (614) 267-1973 – View Map
- Soller Insurance Agency
891 S James Rd – Columbus, OH 43227 – (614) 235-2815 – View Map
- Guy P Williams Insurance Agency
1335 Dublin Rd #110d – Columbus, OH 43215 – (614) 488-1101 – View Map
Exclusive Car Insurance Agencies
These agents can only quote rates from one company like State Farm or Allstate. They usually cannot give you multiple price quotes so they have no alternatives for high prices. Exclusive agents receive extensive training on the products they sell which helps overcome the inability to quote other rates. Some insured continue to use the same exclusive agent mainly due to the brand and solid financial strength.
Below is a short list of exclusive insurance agents in Columbus that can give you comparison quotes.
- Jonathan Yu – State Farm Insurance Agent
1930 Crown Park Ct #140 – Columbus, OH 43235 – (614) 885-9507 – View Map
- Larry Noll – State Farm Insurance Agent
2648 Billingsley Rd – Columbus, OH 43235 – (614) 889-1156 – View Map
- Gianna R Cone – State Farm Insurance Agent
1495 Morse Rd #100 – Columbus, OH 43229 – (614) 267-7865 – View Map
Finding the right insurance agency shouldn’t rely on just the bottom line cost. You should also get answers to these questions.
- Does the agency have a positive business rating?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Can you choose the body shop in case repairs are needed?
- Do they receive special compensation for putting your coverage with one company over another?
- Will your rates increase after a single accident?
- How does the company pay claims for a total loss?
- If you are a high risk driver, do they have special markets for your coverage?
Compare. Compare. Compare.
Cheaper Hyundai Ioniq insurance in Columbus is attainable both online as well as from insurance agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies do not provide online rate quotes and these smaller companies sell through independent agents.
While you’re price shopping online, don’t be tempted to skimp on critical coverages to save a buck or two. There are too many instances where someone dropped uninsured motorist or liability limits and discovered at claim time they didn’t have enough coverage. Your goal should be to buy the best coverage you can find at the lowest possible cost, but do not skimp to save money.
You just learned many tips how you can save on Hyundai Ioniq insurance in Columbus. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding the cheapest Hyundai Ioniq rate quotes. You may even discover the lowest car insurance rates come from a company that doesn’t do a lot of advertising.
Additional information is located below:
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Who Has Cheap Columbus Car Insurance Quotes for Safe Drivers? (FAQ)
- What Insurance is Cheapest for a Ford Escape in Columbus? (FAQ)
- Who Has Cheap Auto Insurance for Nurses in Columbus? (FAQ)
- Auto Insurance 101 (About.com)
- Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
- Understanding Rental Car Insurance (Insurance Information Institute)