Nobody that owns a car enjoys paying for car insurance, in particular when their premiums are too high.
A recent study showed that over 70% of drivers kept their policy with the same company for over three years, and just short of a majority have never even shopped around for cheap coverage. North Carolina consumers could pocket approximately $100 a year, but most just don’t grasp the rate savings if they switched to a cheaper policy.
There are many car insurance companies to insure vehicles with, and even though it’s nice to have a choice, having more car insurance companies makes it harder to compare rates and cut insurance costs.
Comparing quotes for cheaper car insurance policy in Raleigh is not as confusing as people think. In essence, every car owner who is overpaying for car insurance should buy a cheaper policy. But North Carolina drivers do need to understand the way companies determine how much to charge and use it to your advantage.
Cheap car insurance in Raleigh, NC
The companies in the list below are our best choices to provide price comparisons in North Carolina. If your goal is to find the cheapest auto insurance in Raleigh, NC, we suggest you compare several of them in order to get a fair rate comparison.
These discounts can lower Tesla Model X insurance rates
Companies do not list the complete list of policy discounts very well, so the list below details a few of the more well known and also the lesser-known ways to save on car insurance.
- Multi-car Discount – Buying coverage for primary and secondary vehicles with the same car insurance company may reduce the rate for each vehicle.
- Discount for Home Ownership – Just owning your own home may earn you a small savings because maintaining a house means you have a higher level of financial diligence.
- Federal Employees – Active or retired federal employment may reduce rates when you quote Raleigh auto insurance depending on your company.
- Seat Belts Save more than Lives – Requiring all passengers to buckle up can save up to 15% on the medical payments or PIP coverage costs.
- Accident Forgiveness Coverage – This isn’t a discount exactly, but some insurance companies will forgive one accident without raising rates with the catch being you have to be claim-free before the accident.
- Driver Education Discount – Teen drivers should take driver’s ed class if it’s offered in school.
- Paperless Signup – Certain insurance companies give back up to $50 just for signing your application online.
- Switch and Save Discount – Some car insurance companies provide a discount for switching companies prior to your current Model X insurance policy expiration. It’s a savings of about 10%.
- Military Deployment Discount – Being on active deployment in the military could trigger a small discount.
- Clubs and Organizations – Being in specific professional or occupational memberships or organizations is a good way to get lower rates when shopping for car insurance.
Don’t be shocked that some credits don’t apply to the entire policy premium. Most only cut specific coverage prices like medical payments or collision. Despite the fact that it seems like you could get a free car insurance policy, companies wouldn’t make money that way.
If you would like to see a list of companies with discount rates in Raleigh, click here to view.
Learn How to Lower Your Insurance Prices
A large part of saving on car insurance is knowing the factors that help determine car insurance rates. If you have some idea of what controls the rates you pay, this helps enable you to make changes that could help you find better car insurance rates.
Prices may be higher where you live – Residing in a small town may provide you with better prices if you are looking for the lowest rates. Less people corresponds to lower accident rates and lower theft and vandalism rates. Drivers in populated North Carolina areas tend to have more aggressive driving styles and a longer drive to work. Longer commute distances means a statistically higher chance of an accident.
Drive a fast vehicle and pay more – The type of car or truck you own makes a significant difference in the rate you pay. The best insurance prices are for lower cost passenger models, but many other things help determine your insurance rates.
Raising comp and collision deductibles saves money – Comprehensive and collision coverage deductibles represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some instances where coverage would apply would be collision with another vehicle, animal collisions, and damage caused by road hazards. The higher the amount you have to pay, the lower your rates will be.
Low stress occupation equals lower premiums – Did you know your career choice can influence rates? Careers like judges, air traffic controllers, and stock brokers generally pay higher premium rates due to high stress levels and lengthy work days. On the other hand, careers such as scientists, historians and the unemployed pay the least.
Different people need different insurance coverages
When buying your policy, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that
These are some specific questions might help in determining if your situation would benefit from professional advice.
- Does having multiple vehicles earn me a discount?
- Is other people’s property covered if stolen from my vehicle?
- How can I find cheaper teen driver insurance?
- Will my insurance pay for OEM parts?
- Do I need more liability coverage?
- Is there a penalty for late payment?
- Is a new car covered when I drive it off the dealer lot?
- Is my business laptop covered if it gets stolen from my vehicle?
If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.
Get rate quotes but work with a neighborhood Raleigh auto insurance agent
Certain consumers still prefer to buy from a licensed agent and doing so can bring peace of mind A nice benefit of comparing rate quotes online is the fact that drivers can get lower premium rates and still have a local agent. Buying insurance from neighborhood insurance agencies is important particularly in Raleigh.
After filling out this short form, your insurance coverage information is instantly submitted to agents in your area that provide free Raleigh auto insurance quotes to get your business. You don’t have to leave your house as quotes are delivered to your email. You can find lower rates without a big time investment. If you want to get a price quote for a specific company, you can always navigate to their website and complete a quote there.
Compare rates from both independent and exclusive car insurance agents
If you are wanting to purchase auto insurance from a reliable agent, you must know there are a couple different types of agents and how they differ in how they can insure your vehicles. Auto insurance agencies can be classified as either exclusive or independent.
Independent Auto Insurance Agencies or Brokers
These agents are normally appointed by many insurers and that gives them the ability to insure with an assortment of companies and possibly get better coverage at lower prices. If they find a cheaper price, your agent can switch companies and you don’t have to switch agencies.
If you are trying to find cheaper rates, we recommend you get rate quotes from at least one independent agent in order to have the best price comparison.
Below is a partial list of independent insurance agencies in Raleigh who may be able to give you competitive price quotes.
Exclusive Insurance Agencies
Agents of this type normally can only provide a single company’s rates like Allstate, State Farm and Farm Bureau. These agents are unable to place coverage with different providers so they are skilled at selling on more than just price. Exclusive agents are very knowledgeable on their products and sales techniques which can be an advantage.
Listed below are exclusive agents in Raleigh who can help you get price quotes.
Deciding on a insurance agent should depend on more than just the bottom line cost. Get answers to these questions too.
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Is their price quote a firm figure or are their hidden costs?
- Will the agent help in case of a claim?
- Is there a local claims center in Raleigh?
- Do they have cheaper tiers of coverage?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Is the quote a firm price?
- Do they specialize in personal lines auto insurance in Raleigh?
Be persistent to save money
As you restructure your insurance plan, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, an insured cut comprehensive coverage or liability limits only to discover later that saving that couple of dollars actually costed them tens of thousands. The aim is to buy enough coverage at an affordable rate while still protecting your assets.
We just covered a lot of information how to lower your Tesla Model X insurance prices in Raleigh. It’s most important to understand that the more times you quote, the better chance you’ll have of finding affordable Tesla Model X insurance quotes. Consumers may even find the best prices are with some of the smallest insurance companies. They can often insure niche markets at a lower cost than the large multi-state companies such as State Farm or Progressive.
A few companies don’t offer the ability to get quotes online and these regional insurance providers provide coverage only through independent agents. Lower-priced auto insurance in Raleigh is definitely available both online in addition to many Raleigh insurance agents, and you should be comparing both in order to have the best chance of saving money.
How to find better rates for Tesla Model X insurance in Raleigh
If you want to save the most money, the best way to get discount auto insurance rates in Raleigh is to regularly compare prices from insurance carriers that insure vehicles in North Carolina. You can compare rates by following these guidelines.
- Step 1: Try to learn a little about how your policy works and the measures you can take to keep rates low. Many factors that result in higher prices like traffic citations and a less-than-favorable credit rating can be controlled by making small lifestyle or driving habit changes.
- Step 2: Compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from one company like GEICO or State Farm, while agents who are independent can give you price quotes for many different companies.
- Step 3: Compare the new quotes to your existing rates to see if you can save by switching companies. If you find a better price and buy the policy, make sure coverage is continuous and does not lapse.
An important part of this process is to use identical limits and deductibles on each price quote and and to get prices from as many car insurance companies as possible. Doing this enables an accurate price comparison and the best price selection.
Additional information can be found on the following sites:
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- How Much is Raleigh Auto Insurance for Safe Drivers? (FAQ)
- What Car Insurance is Cheapest for High Risk Drivers in Raleigh? (FAQ)
- Who Has the Cheapest Raleigh Auto Insurance Rates for Low Income Drivers? (FAQ)
- Who Has Cheap Auto Insurance Rates for Handicapped Drivers in Raleigh? (FAQ)
- How Much are Auto Insurance Rates for 17 Year Olds in Raleigh? (FAQ)
- Who Has Affordable Auto Insurance for College Students in Raleigh? (FAQ)
- Who Has Cheap Auto Insurance Rates for Drivers Under 21 in Raleigh? (FAQ)
- Tread Depth and Tire Safety (State Farm)
- Determining Auto Insurance Rates (GEICO)
- Teen Driving and Texting (State Farm)