How long has it been since the last time you looked for lower-priced car insurance rates in Niagara Falls, NY? Trying to come up with a payment for high-priced car insurance can consume your accounts and make it tough to pay other bills.

A recent NerdWallet.com study revealed that the majority of drivers kept their policy with the same company for more than four years, and almost half have never compared car insurance rates at all. With the average premium in New York being $1,940, drivers can save almost $840 each year, but they don't know how much money they would save if they swap their current policy for a cheaper one. Vehicle owners have multiple auto insurance companies to buy insurance from, and although it's nice to be able to choose, it makes it harder to compare rates and find the lowest cost car insurance.

It's a good habit to quote other rates on a regular basis because prices go up and down regularly. Just because you found the best rate on car insurance at your last renewal you can probably find a better premium rate now. Block out anything you think you know about car insurance because you're about to find out the best methods to find better coverage on car insurance at a better price.

Get cheaper rates on insurance with these discounts

The price of auto insurance can be rather high, but you may be missing some discounts that may help make it more affordable. A few discounts will be applied when you purchase, but some may not be applied and must be inquired about prior to receiving the credit. If you do not double check each discount possible, you could be saving more on your insurance.Insurance discounts

Policy discounts save money, but some credits don't apply to all coverage premiums. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think all the discounts add up to a free policy, company stockholders wouldn't be very happy.

The best insurance companies and some of their more popular discounts are outlined below.

If you need low cost Niagara Falls auto insurance quotes, ask every insurance company to give you their best rates. All car insurance discounts may not apply to policies in your state. To find insurers that have a full spectrum of discounts in Niagara Falls, click this link.

The companies shown below can provide comparison quotes in Niagara Falls, NY. In order to find the cheapest car insurance in New York, we recommend you visit two to three different companies to get the cheapest price.

Insurance Rate Estimates for Popular Vehicles in Niagara Falls
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LTZ 2WD $1,018 $509 $85
Chevrolet Impala LTZ $766 $383 $64
Chevrolet Silverado Crew Cab Hybrid 2WD $1,202 $601 $100
Dodge Grand Caravan Hero $728 $364 $61
Dodge Ram Quad Cab SLT 2WD $756 $378 $63
Ford Escape Limited 4WD $760 $380 $63
Ford Explorer XLT 4WD $754 $377 $63
Ford F-150 Lariat Crew Cab Harley 4WD $794 $397 $66
Ford Focus SE 2-Dr Coupe $938 $469 $78
Honda Accord LX 4-Dr Sedan $682 $341 $57
Honda CR-V EX 4WD $794 $397 $66
Honda Civic EX-L 2-Dr Coupe $1,282 $641 $107
Hyundai Sonata SE 4-Dr Sedan $788 $394 $66
Kia Optima LX $1,114 $557 $93
Mazda 3 S Sport 4-Dr Sedan $996 $498 $83
Nissan Altima Hybrid 4-Dr Sedan $750 $375 $63
Toyota Camry Hybrid $832 $416 $69
Toyota Corolla XRS $860 $430 $72
Toyota Prius $662 $331 $55
Toyota RAV4 4WD $902 $451 $75
Get Your Own Custom Quote Go

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can modify insurance rates considerably.

Physical damage deductible comparison

The illustration below illustrates how your deductible choice and can impact Hyundai Elantra insurance premiums for different categories of driver ages. The data is based on a single female driver, comp and collision included, and no discounts are applied to the premium.

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

Cautious drivers save money

The diagram below highlights how traffic violations and fender-benders can influence Nissan Altima insurance costs for different ages of insureds. The data assumes a married male driver, full physical damage coverage, $500 deductibles, and no other discounts are factored in.

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

Eight things that affect your premiums

Many factors are part of the calculation when you get your auto insurance bill. Some of the criteria are obvious like an MVR report, but others are less obvious such as whether you are married or your commute time. The best way to find cheaper insurance is to take a look at some of the things that go into determining your policy premiums. When you know what positively or negatively determines premiums, this allows you to make good choices that may reward you with cheaper rates.

The items below are a partial list of the pieces used by companies to determine your prices.

Car insurance can be complex

When it comes to buying the right insurance coverage, there really isn't a perfect coverage plan. Your situation is unique.Car insurance savings

Here are some questions about coverages that could help you determine if you could use an agent's help.

If you're not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form. It's fast, doesn't cost anything and you can get the answers you need.

Three reasons to insure your vehicle

Despite the high insurance cost in Niagara Falls, insuring your vehicle is required in New York but also provides important benefits.

The benefits of carrying enough insurance definitely exceed the price paid, particularly when you have a large claim. According to a survey of 1,000 drivers, the average driver is overpaying over $850 per year so it's important to compare rates at every policy renewal to ensure rates are inline.

A little work can save a LOT of money

We just covered a lot of techniques to reduce car insurance rates online in Niagara Falls. The most important thing to understand is the more providers you compare, the higher your chance of finding inexpensive Niagara Falls auto insurance quotes. Consumers could even find that the best rates are with some of the lesser-known companies.

People change insurance companies for many reasons like being labeled a high risk driver, extreme rates for teen drivers, high rates after DUI convictions or even denial of a claim. It doesn't matter what your reason, finding a new car insurance company can be pretty painless.

As you restructure your insurance plan, never reduce coverage to reduce premium. In many cases, someone dropped full coverage and found out when filing a claim that the small savings ended up costing them much more. The ultimate goal is to buy enough coverage for the lowest cost, but do not sacrifice coverage to save money.

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