A recent NerdWallet.com study revealed that a large majority of consumers have purchased from the same company for over three years, and just short of a majority have never compared rates to find affordable insurance. Ohio insurance shoppers could save about $729 a year by just comparing quotes, but they just assume it takes a lot of time to compare rate quotes online.
It takes a few minutes, but the best way to find cheaper auto insurance rates in Columbus is to regularly compare prices from insurers who can sell car insurance in Ohio. Rate comparisons can be done by completing these steps.
- First, take a few minutes and learn about how auto insurance works and the modifications you can make to prevent expensive coverage. Many rating criteria that cause rate increases like traffic violations and a not-so-good credit score can be rectified by making minor driving habit or lifestyle changes.
- Second, compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agents can quote prices from multiple companies.
- Third, compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you can save money and decide to switch, make sure there is no lapse in coverage.
An important bit of advice to remember is to use similar limits and deductibles on every quote and and to look at as many companies as you can. Doing this enables an apples-to-apples comparison and the most accurate and complete price analysis.
When comparison shopping, there are several ways to get quotes from companies that offer insurance in Ohio. The easiest way by far to compare Chrysler Crossfire insurance prices is simply to get online rate quotes.
Online shopping is fast and free, and it makes it a waste of time to call or drive to different Columbus agent offices. The ability to quote Chrysler Crossfire insurance online has reduced the need for local agents unless you're the type of person who wants the guidance that you can only get from talking to an agent. You can, however, compare online quotes and have a local agent actually service the policy.
It's important to know that making a lot of price comparisons helps improve the odds of finding a better price. Some companies don't provide online price quotes, so it's necessary to compare price estimates from them as well.
The car insurance companies shown below have been selected to offer comparison quotes in Ohio. If multiple providers are shown, we recommend you visit as many as you can to find the most affordable car insurance rates.
Best reasons to buy insurance in Ohio
Despite the fact that insurance is not cheap in Columbus, insurance may be mandatory for several reasons.
- Most states have minimum mandated liability insurance limits which means state laws require a minimum amount of liability insurance coverage if you don't want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Chrysler Crossfire has a loan, it's most likely the lender will require you to have physical damage coverage to guarantee payment of the loan. If the policy lapses, the bank or lender will purchase a policy for your Chrysler at a more expensive rate and require you to fork over a much higher amount than you were paying before.
- Insurance preserves not only your vehicle but also your assets. It will also reimburse you for medical expenses for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, will also pay to defend you if you are sued as the result of your driving. If your Chrysler gets damaged, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of carrying adequate insurance definitely exceed the price paid, particularly when you have a large claim. The average driver in America is overpaying over $830 a year so shop around every year to ensure rates are competitive.
Seven Things That Affect Your Insurance Premiums
A large part of saving on car insurance is knowing some of the factors that go into determining your premiums. If you have some idea of what determines premiums, this enables informed choices that will entitle you to lower premium levels.
The following are a few of the "ingredients" that factor into your rates.
- Liability coverage claims can be big - The liability coverage on your policy is the protection in the event that you are found liable for personal injury or accident damage. Your liability coverage provides legal defense coverage starting from day one. Liability is cheap compared to other policy coverages, so do not cut corners here.
- Cars with good safety ratings mean better prices - Vehicles with high crash test scores get lower rates. Highly rated vehicles protect occupants better and reduced instances of injuries translates directly to fewer claims and cheaper rates on your policy.
- Insurance rates and vehicle performance - The make and model of the car, truck or SUV you drive makes a substantial difference in your premium level. The cheapest insurance rates are usually for low performance passenger cars, but that's not the only thing that factors into the final price.
- Do you really need to file those car insurance claims? - If you are a frequent claim filer, you can expect either higher rates or even cancellation. Car insurance companies in Ohio give lower rates to insureds who do not rely on their insurance for small claims. Your car insurance is intended to be relied upon for larger claims.
- Prevent your car from being stolen - Buying a car with anti-theft technology or alarm system can help lower your premiums. Advanced theft deterrents such as GM's OnStar, tamper alarm systems and vehicle immobilizers can help prevent your car from being stolen.
- Low credit rating equals high premiums - A driver's credit score is a big factor in determining what you pay. Therefore, if your credit score leaves room for improvement, you could be paying less to insure your Chrysler Crossfire by spending a little time repairing your credit. Insureds that have very good credit scores tend to be better risks to insure as compared to drivers with lower credit scores.
- Low deductibles mean high rates - The deductibles you choose define how much you are willing to pay before a claim is paid by your company. Insurance for physical damage to your car, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered could be a windshield broken by a bird, collision with a deer, and damage caused by road hazards. The more money the insured has to pay upfront, the less money you will pay for car insurance.
Cheaper car insurance is a realistic goal
When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced collision coverage only to discover later they didn't have enough coverage. Your strategy should be to get the best coverage possible at the best possible price, but don't skip important coverages to save money.
We've covered quite a bit of information on how to shop for Chrysler Crossfire insurance online. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even be surprised to find that the most savings is with an unexpected company. Regional companies can often insure niche markets at a lower cost compared to the large companies like GEICO and State Farm.
To read more, feel free to visit these articles:
- Teen Driving Statistics (iihs.org)
- Who Has Cheap Columbus Car Insurance Quotes for Safe Drivers? (FAQ)
- Who Has the Cheapest Columbus Auto Insurance for State Employees? (FAQ)
- How Much are Car Insurance Quotes for a Jeep Grand Cherokee in Columbus? (FAQ)
- What Car Insurance is Cheapest for a Nissan Rogue in Columbus? (FAQ)
- Auto Insurance Learning Center (State Farm)
- Think You're a Safe Driver? (State Farm)
- What is a Telematics Device? (Allstate)