Searching for better insurance prices for a car in New York can be a painful process, but you can use a few tricks to save time.

There is a better way to shop for auto insurance so we're going to tell you the quickest way to get price quotes for a new or used and get the cheapest rates from Thompson insurance agents and online providers.

It is always a good idea to take a look at other company's rates quite often due to the fact that insurance prices are rarely the same from one policy term to another. Just because you found the best rate on auto insurance six months ago a different company probably has better premium rates today. Forget anything you know (or think you know) about auto insurance because it's time to teach you the proper way to remove unneeded coverages and save money.

Buy cheaper car insurance with these tips

Lots of things are part of the equation when premium rates are determined. Most are fairly basic like an MVR report, although others are more obscure such as your marital status or your financial responsibility.

Your vocation and car insurance rates - Occupations such as military generals, air traffic controllers, and miners have the highest rates because of high stress and extremely grueling work hours. Other jobs such as scientists, students and the unemployed pay lower than average rates.

Get hitched and pay lower prices - Being married may earn you lower rates on car insurance. It may mean you are more responsible and it's statistically proven that drivers who are married file infrequent claims.

Use but don't abuse your insurance - If you tend to file frequent claims, don't be surprised to see either policy cancellation or increased premiums. Insurance companies in New York award better rates to policyholders who file claims infrequently. Insurance coverage is designed for the bigger claims that can't be paid out-of-pocket.

Eliminate extra policy coverages - There are a lot of optional add-on coverages you can purchase on your car insurance policy. Things like roadside assistance, accident forgiveness, and term life insurance are probably not needed. These may sound like a good investment when you first buy your policy, but if you don't need them remove them from your policy.

Getting a cheaper price on insurance is an easy way to save money. You just need to take the time comparing rate quotes to find the company with low cost Thompson auto insurance quotes.

The companies in the list below offer free rate quotes in New York. To find cheap car insurance in New York, we recommend you click on several of them to get a more complete price comparison.

Insurance Price Estimates for Popular Vehicles in Thompson
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LS Extended Cab 2WD $874 $437 $73
Dodge Ram Quad Cab TRX4 Off Road 4WD $798 $399 $67
Ford Edge SEL AWD $670 $335 $56
Ford Escape XLS 4WD $890 $445 $74
Ford F-150 FX4 4WD $824 $412 $69
Ford Focus SEL 4-Dr Sedan $930 $465 $78
Honda Accord EX 2-Dr Coupe $1,034 $517 $86
Honda CR-V EX-L 2WD $818 $409 $68
Honda Civic EX 2-Dr Coupe $1,108 $554 $92
Honda Odyssey EX-L W/Rear Entertainment $1,110 $555 $93
Jeep Grand Cherokee SRT-8 4WD $736 $368 $61
Jeep Wrangler Unlimited Rubicon 4WD 4-Dr $758 $379 $63
Mazda 3 I Sport 4-Dr Sedan $740 $370 $62
Nissan Altima 3.5 SR 4-Dr Sedan $994 $497 $83
Toyota Camry Hybrid $784 $392 $65
Toyota Corolla XRS $676 $338 $56
Get Your Own Custom Quote Go

Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rates do not factor in garaging location in Thompson which can lower or raise auto insurance rates significantly.

Does full coverage make sense?

The information below shows the comparison of Honda Accord yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in New York. The premiums are based on no violations or accidents, $100 deductibles, single male driver, and no discounts are applied to the premium.

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

Are you wasting money on full coverage?

There is no definitive formula to stop buying physical damage insurance, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of the settlement you would receive from your company, then you might want to think about dropping full coverage.

For example, let's say your Honda Accord claim settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, you would only receive $6,000 after paying your policy deductible. If you are paying in excess of $600 a year to have full coverage, then it's probably a good time to buy liability coverage only.

There are a few situations where buying only liability insurance is not a good idea. If you still owe a portion of the original loan, you must maintain physical damage coverage to protect the lienholder's interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not eliminate full coverage.

Careless driving habits raise Thompson auto insurance rates

The example below highlights how speeding tickets and at-fault accidents drive up Hyundai Sonata insurance costs for each age group. The rates are based on a married female driver, full coverage, $500 deductibles, and no discounts are factored in.

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

Comparison of auto insurance rates by gender

The illustration below shows the difference between insurance costs for male and female drivers in Thompson. The costs are based on no driving violations, no at-fault accidents, full coverage, $500 deductibles, marital status is single, and no discounts are applied to the premium on a GMC Acadia SLE.

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

Be skeptical of auto insurance ads

New York drivers get pounded daily by advertisements that promise big savings from companies such as State Farm and Allstate. All the companies make the same claim about savings just by switching your coverage to them.

How can each company charge you a lower premium? It's all in the wording.

Companies have underwriting criteria for the driver that earns them a profit. For example, a desirable risk might be over the age of 45, has no tickets, and drives less than 7,500 miles a year. Anyone that hits that "sweet spot" gets the lowest car insurance rates and is almost guaranteed to save when they switch companies.

People who don't meet the requirements will be charged more expensive rates with the end result being the prospect going elsewhere. If you listen closely, the ads state "drivers that switch" not "everybody who quotes" can get the lowest rates when switching. That's the way insurance companies can claim big savings.

This emphasizes why you absolutely need to compare price quotes frequently. Because you cannot predict which insurance companies will have the best auto insurance in Thompson.

Insuring your vehicle just makes sense

Even though it can be expensive, insuring your vehicle is mandatory in New York but it also protects more than you think.

The benefits of insuring your car definitely exceed the price paid, specifically if you ever have a liability claim. Despite what companies tell you, the average driver is currently overpaying as much as $825 a year so compare rates at every renewal to be sure current rates are still competitive.

Save a ton by getting discounts

Auto insurance companies don't necessarily list all possible discounts very well, so below is a list some of the more common and the more hidden credits available to lower your premiums when you buy Thompson auto insurance online. If you don't get every credit available, you are throwing money away.Insurance discounts

You should keep in mind that some of the credits will not apply to the entire policy premium. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you can get free auto insurance, companies don't profit that way.

Popular insurance companies and some of the premium reductions they offer are shown below.

Check with every prospective company which discounts can lower your rates. Some credits may not apply in Thompson. To find providers who offer free insurance quotes in Thompson, click here to view.

Insurance losses by coverage

What vehicles have the fewest claims? The following claim statistics list the best and worst vehicles for the probability of having large claims for each type of coverage.

Auto Insurance Liability Claims by Manufacturer Model
Lowest Claims Highest Claims
Chevrolet Corvette Chevrolet Impala
Fiat 500 Hyndai Accent
Audi A6 Chevrolet Cruze
Mercedes-Benz SL Class Chevrolet Sonic
Acura MDX Dodge Charger
Subaru Outback Kia Optima

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

Vehicle Make and Models with the Lowest and Highest Medical Payment Insurance Claims
Lowest Claims Highest Claims
Chevrolet Silverado 3500 Nissan Versa
Tesla Model S Mitsubishi Mirage
Audi A4 Allroad Chevrolet Sonic
Ford Expedition Chevrolet Spark
Ford F-350 SuperCrew Hyundai Accent
Ford F-250 SuperCrew Kia Forte

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

Comprehensive Insurance Claims by Vehicle Make and Model
Lowest Claims Highest Claims
GMC Sierra 2500 Maserati Quattroporte
Smart ForTwo BMW M6
Infiniti QX50 Porsche Panamera GTS
Chevy Silverado 2500 Mercedes-Benz S Class
Ford F-350 BMW M6
Volvo V60 Audi S7

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

Vehicle Make and Models with the Lowest and Highest Collision Insurance Claims
Lowest Claims Highest Claims
Ford Edge Ferrari 458
Chevrolet Colorado Bently Continental GT
Smart ForTwo BMW 6 Series
Ford F-150 SuperCrew Maserati Granturismo
Nissan Xterra Bently Continental GTC
Mini Cooper Audi RS7

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

Find affordable rates by being thorough

When getting Thompson auto insurance quotes online, it's very important that you do not reduce coverage to reduce premium. There are too many instances where drivers have reduced collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to find the BEST coverage for the lowest cost and still be able to protect your assets.

Consumers switch companies for many reasons like being labeled a high risk driver, not issuing a premium refund, an unsatisfactory settlement offer or even high rates after DUI convictions. Regardless of your reason for switching companies, switching companies can be less work than you think.

Some insurance companies may not offer internet price quotes and these regional insurance providers only sell through independent insurance agencies. Budget-conscious insurance is attainable from both online companies as well as from independent agents in Thompson, so you should be comparing quotes from both in order to have the best chance of saving money.

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