High-priced insurance in Grand Island can dwindle your funds and force you to make sacrifices.

It's hard to believe, but a large majority of drivers have stayed with the same insurance company for four years or more, and practically 40% of insurance customers have never even shopped around for cheaper coverage. With the average premium in New York being $1,940, drivers could save themselves $840 a year just by getting comparison quotes, but they just assume it's a time-consuming process to compare other rate quotes. Many insurers vie to insure your vehicles, so it can be very hard to choose a provider to discover the definitive lowest price on insurance.

Six tips to get lower Grand Island insurance rates

When buying insurance it's important to understand the factors that come into play when calculating the rates you pay for insurance. If you have some idea of what impacts premium levels, this allows you to make educated decisions that could help you find lower premium levels. Lots of factors are taken into consideration when you get a price on insurance. Some of the criteria are obvious like an MVR report, although others are not as apparent like your continuous coverage or how safe your car is.

Lower rates by increasing physical damage deductibles - Insurance for physical damage, also known as collision and other-than-collision, helps pay for damage to your vehicle. A few examples of covered claims would be a dented fender, damage from fire, and having your car stolen. The deductibles are how much you are required to spend out-of-pocket in the event of a claim. The more damage repair cost the insured has to pay upfront, the less your insurance will be.

Your address can affect price - Having an address in small towns and rural areas has it's advantages when insuring your vehicles. Lower population means a lower chance of having an accident as well as less vandalism and auto theft. City drivers regularly have more traffic problems and higher rates of accident claims. More time on the road means more chance of being in an accident.

Always keep your insurance in place - Driving your car without having proper coverage is a big no-no and insurance companies will penalize you for letting your insurance coverage expire. And not only will insurance be more expensive, not being able to provide proof of insurance can result in fines or a revoked license. You may have to submit proof of financial responsibility or a SR-22 with the New York DMV.

Do females or males drive better? - The statistics show that women are safer drivers than men. That doesn't necessarily mean that women are better drivers. Men and women are in fender benders in similar percentages, but the men cause more damage. Men also get more serious tickets such as DWI and reckless driving.

Only buy extra coverages you need - There are many add-on coverages that sound like a good idea at the time on your policy. Insurance for roadside assistance, accidental death, and term life insurance may not be needed and are just wasting money. They may seem good initially, but your money might be better spent on other coverage so eliminate them to save money.

Drive a safer car and pay less - Cars with high safety ratings are cheaper to insure. These vehicles reduce the chance of injuries and reduced instances of injuries means lower claim amounts and thus lower rates. If your car, truck, or SUV is rated at least an "acceptable" rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.

All the larger car insurance companies allow consumers to get prices for coverage online. Comparing prices online is fairly straightforward as you simply type in your coverage preferences into the quote form. When complete, their rating system requests your credit score and driving record and quotes a price based on these factors. This makes comparing rates easy, and it's very important to compare as many rates as possible in order to find the cheapest car insurance rates.

If you want to compare rates using this form now, check out the car insurance providers below. To compare your current rates, we recommend you replicate coverages and limits exactly as shown on your declarations page. Doing this assures you will have an apples-to-apples comparison for similar insurance coverage.

The companies shown below provide price quotes in Grand Island, NY. To find the best cheap auto insurance in New York, it's highly recommended you visit two to three different companies to get the most competitive price.

Insurance Rates for Popular Vehicles in Grand Island
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LS 2WD $874 $437 $73
Chevrolet Silverado LT Crew Cab 4WD $1,004 $502 $84
Dodge Ram Quad Cab SLT 4WD $962 $481 $80
Ford Escape Limited 2WD $814 $407 $68
Ford Explorer Limited AWD $626 $313 $52
Ford F-150 SVT Raptor Super Cab 4WD $818 $409 $68
Ford Focus S 4-Dr Sedan $922 $461 $77
Ford Fusion Hybrid 4-Dr Sedan $882 $441 $74
Honda Accord EX-L 2-Dr Coupe $798 $399 $67
Honda CR-V EX 2WD $680 $340 $57
Honda Civic SI 2-Dr Coupe $898 $449 $75
Hyundai Sonata Limited 4-Dr Sedan $704 $352 $59
Jeep Grand Cherokee SRT-8 4WD $1,128 $564 $94
Kia Optima LX $1,002 $501 $84
Nissan Altima 2.5 S 2-Dr Coupe $804 $402 $67
Toyota Camry SE $780 $390 $65
Toyota Corolla XLE $854 $427 $71
Toyota Prius $578 $289 $48
Toyota Tacoma Double Cab TRD Sport Package 4WD $642 $321 $54
Volkswagen Jetta SE 4-Dr Sedan $1,018 $509 $85
Get Your Own Custom Quote Go

Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and New York minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Premium amounts do not factor in specific zip code location which can decrease or increase auto insurance rates substantially.

Impact of speeding/accidents on auto insurance rates

The information below illustrates how traffic citations and accidents can impact Nissan Altima insurance rates for each age group. The price estimates are based on a single female driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.

Nissan Altima rates are for example purposes only. To get rates for your specific vehicle, click here.

Rate comparison of full coverage and liability-only

The example below visualizes the comparison of Nissan Sentra yearly insurance costs with full coverage and liability only. The price estimates are based on no accidents, no driving violations, $250 deductibles, single female driver, and no other discounts are factored in.

Nissan Sentra rates are for example purposes only. To get rates for your specific vehicle, click here.

When to stop buying comprehensive and collision coverage

There is no exact rule of when to exclude full coverage on your policy, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of replacement cost minus your deductible, then it's probably a good time to buy liability coverage only.

For example, let's assume your Nissan Sentra replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $3,000 after you pay the deductible. If you are paying over $300 a year for physical damage coverage, then you may want to consider only buying liability coverage.

There are some circumstances where only buying liability is not a good plan. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Is there deception in advertising?

Consumers can't escape the ads that promise big savings for switching from the likes of Progressive, Allstate and GEICO. All the companies try to convey promises that drivers can save some big amount if you move your coverage to them.

Is it even possible that every company can charge lower premium rates? This is the trick they use.

Many companies quote the lowest rates for the driver they prefer to insure. For instance, a profitable customer might be over the age of 45, is a homeowner, and drives a lower-performance vehicle. A customer getting a price quote who fits those characteristics will get the preferred rates in Grand Island and will probably save when they switch companies.

Consumers who cannot meet these standards will probably have to pay higher premiums with the end result being the customer buying from someone else. The ads say "drivers that switch" but not "all drivers who get quotes" save that much when switching. That is how companies can state the savings. Because every company is different, you need to compare many company's rates. It's not possible to predict which company will have the best prices at this point in time.

Why you need insurance

Despite the high cost, insurance is required in New York but also provides important benefits.

The benefits of buying enough insurance definitely exceed the cost, especially when you need to use it. According to a survey of 1,000 drivers, the average driver is wasting up to $869 every year so it's recommended you shop around each time the policy renews to ensure rates are competitive.

Car insurance policy discounts you can't miss

Companies don't always list every policy discount in a way that's easy to find, so we took the time to find some of the best known and the harder-to-find discounts that you may qualify for.Discount car insurance

Remember that most credits do not apply to the whole policy. The majority will only reduce individual premiums such as comp or med pay. Even though the math looks like you can get free auto insurance, car insurance companies aren't that generous.

Larger car insurance companies and some of the premium reductions they offer can be read below.

When getting a coverage quote, ask every prospective company what discounts are available to you. Some discounts may not be offered everywhere.

Insurance agents can help

Always keep in mind that when comparing coverage online or from an agent, there isn't really a one size fits all plan. Every insured's situation is different so your insurance needs to address that.Car insurance savings For instance, these questions might point out whether your personal situation may require specific advice.

If you don't know the answers to these questions then you might want to talk to a licensed agent. If you don't have a local agent, simply complete this short form or you can also visit this page to select a carrier It's fast, free and you can get the answers you need.

Car insurance claims by make and model

Which vehicles are likely to have claims? The statistics tables below show the worst and best makes and models for the probability of having claims for each type of coverage.

Lowest and Highest Collision Claims by Vehicle
Lowest Claims Highest Claims
Nissan Xterra Bently Continental GT
Mini Cooper Nissan GT-R
Ford F-150 SuperCrew Bentley Continental Flying Spur
GMC Canyon Maserati Ghibli
Ford F-250 SuperCab Ferrari 458
Ford Edge Bently Continental GTC

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Bodily Injury Liability Claims by Vehicle
Lowest Claims Highest Claims
Subaru Forester Dodge Charger
Volvo XC60 Kia Optima
Audi A6 Mitsubishi Lancer
Acura MDX Mitsubishi Mirage
Chevrolet Corvette Chevrolet Sonic
Mercedes-Benz SL Class Kia Rio

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Car Insurance Comprehensive Claims by Vehicle Make and Model
Lowest Claims Highest Claims
Smart ForTwo Bentley Continental GT
Ford F-350 BMW M6
Volvo V60 Maserati Quattroporte
Nissan Xterra Mercedes-Benz S Class
Nissan Leaf Maserati Granturismo
Chevy Spark Bentley Continental GTC

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Vehicle Models with the Lowest and Highest Medical Payment Insurance Claims
Lowest Claims Highest Claims
Land Rover Range Rover Sport Chevrolet Spark
Chevrolet Corvette Chrysler 200
Tesla Model S Mitsubishi Lancer
Audi A4 Allroad Nissan Sentra
Ford F-350 SuperCrew Mitsubishi Mirage
Ford Expedition Kia Forte

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Persistence is the key to affordable rates

We covered some good ideas how you can compare insurance premium rates in Grand Island. It's most important to understand that the more quotes you get, the more likely it is that you will get a better rate. You may even discover the best price on insurance is with the least-expected company. They often have lower prices on specific markets than the large multi-state companies such as Allstate and Progressive.

More affordable insurance in Grand Island can be sourced both online in addition to local insurance agencies, and you should be comparing both so you have a total pricing picture. Some insurance companies do not offer online rate quotes and many times these smaller companies provide coverage only through local independent agents.

Additional detailed information can be found at these sites: