Being forced to pay for overpriced auto insurance premiums can sap your bank account and make it impossible to make ends meet. Performing a price comparison can help to tighten up your finances.

Amazingly, a recent NerdWallet.com study showed that most auto insurance buyers have purchased from the same company for over three years, and 38% of customers have never even compared quotes to find lower-cost rates. The average driver in La Grange could cut their rates by as much as 45% a year by just comparing quotes, but they don't know how much savings they would realize if they just switched companies. There are many insurance companies to buy insurance from, and although it's a good thing to be able to choose, it can be more difficult to compare rates and find the lowest cost auto insurance.

Car insurance companies in La Grange

The companies shown below provide quotes in La Grange, NY. To locate the best car insurance in New York, we suggest you click on several of them to find the most affordable car insurance rates.

Insurance Rates for Popular Vehicles in La Grange
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LS 2WD $698 $349 $58
Chevrolet Silverado LT Regular Cab 2WD $672 $336 $56
Dodge Ram Quad Cab Laramie 2WD $1,072 $536 $89
Ford Escape XLT 2WD $852 $426 $71
Ford F-150 STX Super Cab 4WD $714 $357 $60
Ford Focus S 4-Dr Sedan $694 $347 $58
GMC Sierra SLT Crew Cab 2WD $994 $497 $83
Honda Accord LX 4-Dr Sedan $680 $340 $57
Honda CR-V LX 2WD $590 $295 $49
Honda Civic LX 2-Dr Coupe $854 $427 $71
Hyundai Elantra GLS 4-Dr Sedan $754 $377 $63
Mazda 3 S Sport 4-Dr Sedan $794 $397 $66
Nissan Altima 2.5 S 4-Dr Sedan $780 $390 $65
Nissan Rogue S 2WD $660 $330 $55
Toyota Camry LE $902 $451 $75
Toyota Corolla LE $736 $368 $61
Get Your Own Custom Quote Go

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and New York minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Table data does not factor in specific La Grange garaging location which can revise prices greatly.

Do you need full coverage?

The illustration below visualizes the comparison of Nissan Sentra auto insurance rates with and without physical damage coverage. The data assumes no violations or accidents, $1,000 deductibles, single female driver, and no discounts are applied to the premium.

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

Guidelines for eliminating full coverage

There is no exact formula to delete physical damage insurance, but there is a general convention. If the yearly cost of comp and collision coverage is more than around 10% of the settlement you would receive from your company, then you might consider buying liability only.

For example, let's say your Nissan Sentra replacement cost is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $7,000 after the policy deductible has been paid. If you are paying over $700 annually to have full coverage, then you may need to consider dropping full coverage.

There are some circumstances where dropping physical damage coverage is not recommended. If you haven't paid off your loan, you have to keep full coverage to protect the lienholder's interest. Also, if you don't have enough money to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.

Policy deductibles

One of the most common auto insurance questions is how high should the physical damage deductibles be. The following tables summarize the costs and benefits between low and high physical damage coverage deductibles. The first pricing table uses a $250 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.

GMC Acadia rates are for example purposes only. To get rates for your specific vehicle, click here.

GMC Acadia insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Acadia SL 2WD $178 $284 $264 $16 $80 $847 $71
Acadia SL AWD $204 $284 $264 $16 $80 $873 $73
Acadia SLE 2WD $204 $284 $264 $16 $80 $873 $73
Acadia SLE AWD $204 $344 $264 $16 $80 $933 $78
Acadia SLT 2WD $204 $344 $264 $16 $80 $933 $78
Acadia SLT AWD $230 $344 $264 $16 $80 $959 $80
Get a Quote for Your Vehicle Go
GMC Acadia insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Acadia SL 2WD $110 $178 $264 $16 $80 $648 $54
Acadia SL AWD $126 $178 $264 $16 $80 $664 $55
Acadia SLE 2WD $126 $178 $264 $16 $80 $664 $55
Acadia SLE AWD $126 $216 $264 $16 $80 $702 $59
Acadia SLT 2WD $126 $216 $264 $16 $80 $702 $59
Acadia SLT AWD $142 $216 $264 $16 $80 $718 $60
Get a Quote for Your Vehicle Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and New York minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Price estimates do not factor in specific location information which can alter insurance rates noticeably.

We can estimate from the data above that using a $250 deductible costs approximately $19 more each month or $228 a year than choosing the higher $1,000 deductible. Since you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 39 months between claim filings, you would most likely save money by selecting a higher deductible.

Buy lower-cost insurance with these tips

The best way to find cheaper insurance is to take a look at some of the elements that come into play when calculating the price you pay for insurance. When consumers understand what positively or negatively impacts your premiums, this enables informed choices that could help you find cheaper rates. Lots of factors are taken into consideration when you quote your car insurance policy. Some factors are common sense such as your driving history, although others are more obscure like your vehicle usage or how financially stable you are.

The following are some of the most common factors used by your company to calculate rates.

Cars with good safety ratings are cheaper to insure - Cars with high safety ratings cost less to insure. Vehicles built for safety result in less severe injuries and reduced instances of injuries means less money paid by your insurance company and cheaper rates on your policy. If your car earned at least four stars on Safercar.gov you are probably receiving a discount.

Be proud to be claim-free - Insurance companies in New York generally give discounts to people who do not file claims often. If you file a lot of claims you can definitely plan on much higher rates or policy non-renewal. Your car insurance is meant to be used in the event of more catestrophic claims.

Discounts for married couples - Your spouse may save some money on your insurance bill. It means you're more responsible it has been statistically shown that married couples file fewer claims.

The higher your credit score the lower your prices - Having a good credit score is likely to be a major factor in determining premium rates. Therefore, if your credit score can be improved, you could save money insuring your vehicle by spending a little time repairing your credit. Drivers who have high credit scores tend to be more responsible than drivers who have poor credit scores.

Only buy coverage you need - Insurance companies have many additional extra coverages that you can buy but may not be useful. Things like replacement cost coverage, better glass coverage, and extra equipment coverage are some examples. They may sound like good ideas when buying your policy, but if you don't need them think about removing them and cutting costs.

Rates and your address - Being located in less populated areas can save you money when shopping for auto insurance. Fewer people translates into fewer accident claims and lower theft and vandalism rates. People who live in big cities regularly have congested traffic and longer commutes to work. Spending more time driving means a statistically higher chance of an accident.

Keep the miles off and save - Driving a lot of miles in a year's time the more you'll pay to insure your vehicle. Many insurance companies price each vehicle's coverage based on how the vehicle is used. Cars that sit idle most of the time qualify for better rates than those used for commuting. It's a smart idea to ensure your declarations sheet properly reflects the correct usage, because improper ratings can cost you money.

Verify you're receiving every discount

Some providers don't necessarily list the entire discount list in a way that's easy to find, so the list below gives a summary of both well-publicized and the harder-to-find ways to save on car insurance.Discount car insurance

Please keep in mind that most of the big mark downs will not be given to the entire policy premium. Some only reduce specific coverage prices like physical damage coverage or medical payments. Even though the math looks like you could get a free car insurance policy, it's just not the way it works.

A list of car insurance companies and a partial list of their discounts can be read below.

Before purchasing a policy, check with every insurance company which discounts can lower your rates. A few discounts might not be offered on policies in La Grange. To see a list of companies that offer discounts in La Grange, click this link.

Auto insurance agents are trained to help

A small number of people would prefer to get professional advice from a licensed agent and that can be a smart move Most agents can answer important questions and help submit paperwork. One of the great benefits of comparing auto insurance online is that you can obtain cheap auto insurance rates and also buy local.

La Grange insurance agentsTo help locate an agent, after submitting this short form, your information is submitted to companies in La Grange who will give you bids for your insurance coverage. It makes it easy because there is no need to leave your computer since rate quotes are delivered instantly to you. In the event you want to get a comparison quote for a specific company, you can always visit that company's website and complete a quote there.

Finding the right insurance company is decision based upon more than just a cheap price. These questions are important to ask:

Once you have received acceptable answers to any questions you have in addition to an acceptable price estimate, most likely you have located an insurance company that is reliable enough to provide auto insurance coverage. Just keep in mind you have the power to cancel a policy when you choose so never feel you're contractually obligated to your new company for any length of time.

Can you really save that much by switching?

New York drivers can't get away from all the ads that claim the lowest premium rates by 21st Century, Allstate and State Farm. They all convey the message that you'll save big if you just switch your auto insurance coverage to their company.

How do they all give you a lower rate on auto insurance? It's all in the words they use.

Companies have specific criteria for the right customer that is profitable for them. For example, a profitable customer could be a married female, is a homeowner, and drives less than 7,500 miles a year. Any driver who matches those parameters will most likely get cheap prices and is almost guaranteed to save a lot on La Grange auto insurance if they switch.

Potential insureds who do not fit these standards will have to pay higher rates and this results in the customer not buying. The wording the ads use say "drivers who switch" not "everyone that quotes" can get the lowest rates when switching. That's why insurance companies can confidently make it sound like they have such great rates. Because every company is different, drivers must do a quote comparison often. It's just not possible to know which company will have better prices than you're paying now.

Which is the best insurance?

When buying your policy, there is no "perfect" insurance plan. You are unique.Safe vehicles cost less to insure

For instance, these questions could help you determine if your insurance needs might need an agent's assistance.

If you can't answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It's fast, doesn't cost anything and you can get the answers you need.

Vehicle claim statistics

Which vehicles statistically have few claims? The claim statistics below show the highest and lowest manufacturer models for likelihood of having large claims.

Manufacturer Models with the Lowest and Highest Auto Insurance Collision Claims
Lowest Claim Frequency Highest Claim Frequency
Smart ForTwo Maserati Granturismo
Nissan Xterra Bently Continental GTC
Jeep Wrangler Ferrari 458
Mini Cooper BMW M6
GMC Canyon Bently Continental GT
Ford F-150 SuperCrew Maserati Ghibli

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

Medical Payment Insurance Claims by Vehicle Make and Model
Lowest Claim Frequency Highest Claim Frequency
Chevrolet Silverado 3500 Hyundai Accent
Chevrolet Corvette Kia Forte
Ford F-350 SuperCrew Nissan Sentra
Chevrolet Silverado 2500 Chevrolet Sonic
Land Rover Range Rover Sport Nissan Versa
Ford F-250 SuperCrew Dodge Charger

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

Vehicle Make and Models with the Lowest and Highest Bodily Injury Liability Claims
Lowest Claim Frequency Highest Claim Frequency
Subaru Forester Kia Optima
Audi A6 Chevrolet Cruze
Mercedes-Benz SL Class Kia Rio
Fiat 500 Chevrolet Impala
Chevrolet Corvette Chevrolet Sonic
Volvo XC60 Dodge Charger

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

Vehicle Make and Models with the Lowest and Highest Comprehensive Insurance Claims
Lowest Claim Frequency Highest Claim Frequency
Smart ForTwo Bentley Continental GT
Chevy Spark BMW M6
Chevy Silverado 2500 Maserati Quattroporte
Volvo V60 Audi S7
Ford F-350 Bentley Continental GTC
GMC Sierra 2500 BMW M6

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

More comparisons equals affordable rates

Drivers switch companies for a number of reasons such as not issuing a premium refund, policy non-renewal, denial of a claim or questionable increases in premium. No matter why you want to switch, switching insurance companies can be pretty painless.

Some insurance companies do not provide online price quotes and most of the time these small, regional companies only sell through independent insurance agents. Cheap insurance in La Grange is definitely available both online in addition to local insurance agencies, and you need to comparison shop both to have the best selection.

When shopping online for insurance, it's not a good idea to sacrifice coverage to reduce premiums. There have been many cases where an insured dropped full coverage only to regret that it was a big mistake. The aim is to get the best coverage possible at a price you can afford but still have enough coverage for asset protection.

To read more, take a look at the articles below: