Are you sick and tired of robbing Peter to pay Paul to insure your vehicles every month? You're in the same situation as most other consumers in New York.

A recent NerdWallet.com study revealed that almost 70% of drivers in New York have stayed with the same insurance company for at least the last four years, and just under half have never compared rates with other companies. Consumers in the United States could cut their rates by 46.5% a year, but they just don't understand how easy it is to do a rate comparison.

Multiple insurance companies compete to insure your vehicles, and it can be difficult to compare rates and uncover the absolute best price available on car insurance.

If you are paying for car insurance now, you will surely be able to buy cheaper car insurance using the ideas covered in this article. Buying the cheapest car insurance in Oswego is actually very simple if you learn how to start. Although New York car owners need to learn how the larger insurance companies calculate their prices because rates are impacted by many factors.

These discounts can reduce insurance rates

Car insurance is not cheap, but there's a good chance there are discounts that you may not even be aware of. Certain credits will be shown at the time of quoting, but lesser-known reductions have to be requested specifically before you get the savings.Cheaper insurance with discounts

Remember that most discounts do not apply to your bottom line cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like it's possible to get free car insurance, it doesn't quite work that way.

A few popular companies and a partial list of their discounts are:

Check with all the companies what discounts are available to you. Some discounts may not apply to policies in Oswego. To find companies who offer cheap insurance quotes in New York, click this link.

To find the best car insurance prices, there are several ways to get quotes from local Oswego car insurance companies. By far the easiest way to find cheaper rates involves getting comparison quotes online.

It's so simple to compare car insurance rates online takes the place of having to drive to each insurance agency near you. Quoting car insurance online can eliminate the need for a local agent unless you prefer the professional assistance that only an agent can give. Although, it is possible get the lowest quotes online but have your policy serviced through an agent. Just keep in mind that obtaining a wide range of quotes will enable you to find a lower rate than you're paying now. Not every company allows you to get online price quotes, so it's recommended that you also compare rates from those companies as well.

The auto insurance companies shown below are our best choices to provide quotes in Oswego, NY. To get the best cheap auto insurance in New York, it's highly recommended you visit two to three different companies to get a more complete price comparison.

Insurance Costs for Popular Vehicles in Oswego
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Crew Cab 4WD $860 $430 $72
Chevrolet Silverado LTZ Extended Cab 2WD $1,204 $602 $100
Dodge Grand Caravan Hero $1,054 $527 $88
Dodge Ram Crew Cab TRX 2WD $760 $380 $63
Ford Escape XLT 4WD $534 $267 $45
Ford F-150 Lariat Crew Cab Platinum 2WD $780 $390 $65
Ford Focus SEL 4-Dr Sedan $1,048 $524 $87
Honda Accord LX-S 2-Dr Coupe $940 $470 $78
Honda CR-V LX 4WD $706 $353 $59
Honda Civic Hybrid 4-Dr Sedan $888 $444 $74
Jeep Grand Cherokee Limited 4WD $770 $385 $64
Kia Optima SX $1,022 $511 $85
Nissan Altima 2.5 S 4-Dr Sedan $754 $377 $63
Toyota Camry LE $702 $351 $59
Toyota Corolla XLE $1,122 $561 $94
Toyota RAV4 Limited 4WD $780 $390 $65
Get Your Own Custom Quote Go

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Premium amounts do not factor in specific garaging location which can alter premium rates greatly.

Cost difference between full coverage and liability

The example below visualizes the comparison of Honda Civic insurance costs with full coverage compared to only the New York minimum liability coverage. The premium estimates are based on no claims or violations, $1,000 deductibles, married male driver, and no other discounts are factored in.

Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.

Guidelines for eliminating full coverage

There is no written rule to eliminate full coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than about 10% of the settlement you would receive from your company, then it's probably a good time to buy liability coverage only.

For example, let's pretend your Honda Civic claim settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $6,000 after paying your policy deductible. If premium cost is more than $600 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some situations where eliminating full coverage is not a good idea. If you still have a lienholder on your title, you have to keep full coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

How high should deductibles be?

The illustration below shows how choosing a deductible and can impact Hyundai Elantra annual premium costs for different age groups. The information is based on a married female driver, comprehensive and collision coverage, and no other discounts are factored in.

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

Shop around and save

You just learned a lot of ways to compare car insurance auto insurance rates in Oswego. The key thing to remember is the more times you quote, the higher your chance of finding cheap Oswego auto insurance quotes. You may even be surprised to find that the best price on car insurance is with some of the smallest insurance companies. Regional companies often have lower premium rates on specific markets than the large multi-state companies such as State Farm, GEICO and Nationwide.

As you prepare to switch companies, it's not a good idea to buy poor coverage just to save money. There are too many instances where someone sacrificed liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.

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