Would you like to save money by finding the cheapest auto insurance rates in Saratoga Springs, NY? Vehicle owners not familiar with comparing insurance coverage quotes on the internet can find buying inexpensive Saratoga Springs auto insurance is harder than it needs to be.

Unimaginable but true, a large majority of drivers kept buying from the same company for more than four years, and nearly 40% of drivers have never even shopped around for cheap coverage. The average driver in the United States can save hundreds of dollars each year just by getting comparison quotes, but they don't know how much they could save if they switched to a more affordable policy.

This information will let you in on how to compare rates easily and some money-saving tips. If you already have coverage, you should be able to reduce premiums using the concepts you're about to learn. Nevertheless, New York drivers should learn the way insurance companies charge you for coverage and take advantage of how the system works.

Ways to get auto insurance quotes in Saratoga Springs, NY

It's important to know that comparing a wide range of rates will improve the odds of getting lower pricing.

The companies shown below are our best choices to provide quotes in New York. If multiple companies are listed, it's a good idea that you visit as many as you can to get a more complete price comparison.

Insurance Cost Estimates for Popular Vehicles in Saratoga Springs
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Crew Cab 4WD $650 $325 $54
Chevrolet Malibu LS $1,138 $569 $95
Chevrolet Silverado LT Crew Cab 4WD $1,242 $621 $104
Dodge Grand Caravan Crew $938 $469 $78
Dodge Ram Quad Cab TRX4 Off Road 2WD $766 $383 $64
Ford Edge Limited AWD $848 $424 $71
Ford Escape XLS 2WD $624 $312 $52
Ford Explorer Limited 2WD $800 $400 $67
Ford F-150 XLT Regular Cab 4WD $754 $377 $63
Ford Focus SE 4-Dr Sedan $778 $389 $65
Honda Accord EX 2-Dr Coupe $798 $399 $67
Honda CR-V EX 4WD $762 $381 $64
Honda Civic EX 4-Dr Sedan $944 $472 $79
Nissan Altima 2.5 S 4-Dr Sedan $742 $371 $62
Nissan Rogue SL 2WD $840 $420 $70
Toyota Camry SE $780 $390 $65
Toyota Corolla LE $1,002 $501 $84
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Rates do not factor in specific zip code location which can revise prices substantially.

Violations and accidents raise rates

The diagram below shows how violations and at-fault fender-benders can affect Ford Escape auto insurance rates for different age groups. The prices are based on a married female driver, full coverage, $100 deductibles, and no policy discounts are applied.

Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.

Does it make sense to buy full coverage?

The diagram below examines Chevrolet Malibu annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no claims or driving violations, $1,000 deductibles, married male driver, and no discounts are applied.

Chevrolet Malibu rates are for example purposes only. To get rates for your specific vehicle, click here.

When to stop buying physical damage coverage

There is no set guideline that works best for making the decision to drop comp and collision coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

For example, let's say your Chevrolet Malibu book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $6,000 after the deductible is paid. If it's costing you more than $600 annually to have full coverage, then you may need to consider dropping full coverage.

There are some circumstances where removing full coverage is not recommended. If you still have a loan on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should keep full coverage.

An analysis of deductible level

The hardest decision when buying coverage is the level to set your comp and collision deductibles. The following tables may help you to understand the costs and benefits between low and high physical damage coverage deductibles. The first set of rates uses a $100 deductible for physical damage and the second price table uses a $500 deductible.

Hyundai Sonata rates are for example purposes only. To get rates for your specific vehicle, click here.

Hyundai Sonata insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $228 $412 $300 $18 $90 $1,073 $89
Sonata GLS 4-Dr Sedan $228 $412 $300 $18 $90 $1,073 $89
Sonata GLS 4-Dr Sedan $228 $412 $300 $18 $90 $1,073 $89
Sonata SE 4-Dr Sedan $228 $484 $300 $18 $90 $1,145 $95
Sonata SE 4-Dr Sedan $228 $484 $300 $18 $90 $1,145 $95
Sonata Limited 4-Dr Sedan $258 $484 $300 $18 $90 $1,175 $98
Sonata Limited 4-Dr Sedan $258 $484 $300 $18 $90 $1,175 $98
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Hyundai Sonata insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $166 $278 $300 $18 $90 $852 $71
Sonata GLS 4-Dr Sedan $166 $278 $300 $18 $90 $852 $71
Sonata GLS 4-Dr Sedan $166 $278 $300 $18 $90 $852 $71
Sonata SE 4-Dr Sedan $166 $328 $300 $18 $90 $902 $75
Sonata SE 4-Dr Sedan $166 $328 $300 $18 $90 $902 $75
Sonata Limited 4-Dr Sedan $188 $328 $300 $18 $90 $924 $77
Sonata Limited 4-Dr Sedan $188 $328 $300 $18 $90 $924 $77
Get a Quote for Your Vehicle Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and New York minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Rates do not factor in specific zip code location which can influence coverage prices significantly.

Based on the data above, we can derive that using a $100 deductible will cost in the ballpark of $19 more each month or $228 each year than buying the higher $500 deductible. Since you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you normally average at least 21 months between claims, you would come out ahead if you choose the higher deductible.

Don't overlook these car insurance discounts

Companies that sell car insurance don't always list all possible discounts in a way that's easy to find, so we break down both well-publicized and the harder-to-find credits available to bring down your rates.Cheaper car insurance with discounts

Consumers should know that most credits do not apply to your bottom line cost. Most cut specific coverage prices like comp or med pay. So when it seems like it's possible to get free car insurance, that's just not realistic.

A few of the larger companies and a summarized list of policyholder discounts are:

When comparing rates, check with each company or agent the best way to save money. Some discounts may not be available everywhere.

Why your premium might be higher

The best way to find cheaper insurance is to take a look at some of the things that aid in calculating your premiums. If you know what positively or negatively impacts your premiums, this helps enable you to make changes that can earn you much lower annual insurance costs.

The factors shown below are some of the major factors utilized by car insurance companies to help set rates.

Auto insurance claim information

Is your vehicle likely to have claims? The data below show the best and worst vehicle models for the probability of filing claims for each type of coverage.

Medical Payment Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Ford Expedition Hyundai Accent
Chevrolet Silverado 2500 Kia Forte
Ford F-350 SuperCrew Chevrolet Spark
Audi A4 Allroad Nissan Versa
Land Rover Range Rover Sport Dodge Charger
Ford F-250 SuperCrew Chevrolet Sonic

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Auto Insurance Comprehensive Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Ford F-350 BMW M6
Nissan Leaf Mercedes-Benz S Class
Nissan Xterra Bentley Continental GTC
GMC Sierra 2500 BMW M6
Volvo V60 Maserati Granturismo
Chevy Silverado 2500 Maserati Quattroporte

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Bodily Injury Liability Claims by Vehicle
Lowest Claim Frequency Highest Claim Frequency
Chevrolet Corvette Mitsubishi Lancer
Mercedes-Benz SL Class Kia Rio
Audi A6 Chevrolet Cruze
Acura MDX Chevrolet Sonic
Subaru Forester Hyndai Accent
Subaru Outback Dodge Charger

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Collision Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Mini Cooper Bently Continental GT
Smart ForTwo Bently Continental GTC
Jeep Wrangler Nissan GT-R
Ford Edge Audi RS7
Nissan Xterra BMW M6
Ford F-250 SuperCab Maserati Granturismo

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Persistence pays off

Consumers leave their current company for a variety of reasons including an unsatisfactory settlement offer, questionable increases in premium, high prices and even delays in paying claims. Whatever your reason, finding a new auto insurance company is less work than it seems.

In this article, we covered a lot of ways to get a better price on auto insurance in Saratoga Springs. The most important thing to understand is the more companies you get car insurance rates for, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with a small mutual company.

Cheaper auto insurance in Saratoga Springs can be purchased online as well as from insurance agents, and you need to price shop both in order to have the best chance of saving money. A few companies don't offer the ability to get a quote online and usually these small, regional companies prefer to sell through independent insurance agents.

For more information, take a look at the articles below: