The most effective way to find the cheapest price for auto insurance rates in Raleigh is to annually compare prices from companies who can sell car insurance in North Carolina. Drivers can shop around by following these steps.
First, read about how companies set rates and the factors you can control to prevent expensive coverage. Many risk factors that cause high rates such as accidents, traffic tickets, and a less-than-favorable credit rating can be eliminated by improving your driving habits or financial responsibility. Read the full article for tips to prevent high prices and get bigger discounts.
Second, compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from a single company like Progressive or State Farm, while independent agents can provide rate quotes for a wide range of companies.
Third, compare the new rates to your existing rates to see if a cheaper rate is available in Raleigh. If you find better rates and make a switch, ensure coverage does not lapse between policies.
Fourth, notify your agent or company to cancel your current car insurance policy. Submit any necessary down payment along with the completed application to your new agent or company. Once received, safely store the certificate verifying proof of insurance in a readily accessible location in your vehicle.
A good tip to remember is to use the same level of coverage on each quote and and to get rates from as many auto insurance providers as possible. Doing this provides a level playing field and the most accurate and complete price analysis.
Anyone knows that auto insurance companies don’t want customers comparing rates. Drivers who shop around for cheaper price quotes will, in all likelihood, buy a different policy because there is a significant possibility of finding lower prices. A study showed that consumers who shopped around every year saved an average of $3,500 over four years compared to policyholders who didn’t regularly shop around.
If finding the most affordable Subaru BRZ insurance in Raleigh is your ultimate goal, understanding how to shop for insurance premiums can help simplify the process.
Car insurance providers offering affordable rate quotes in North Carolina
The providers in the list below can provide price comparisons in Raleigh, NC. To locate the cheapest auto insurance in NC, we suggest you visit several of them to get the cheapest price.
These discounts can slash Subaru BRZ insurance rates
Insuring your vehicles can cost a lot, but you may qualify for discounts that many people don’t even know exist. Most are applied at the time of purchase, but some discounts are required to be inquired about before you will receive the discount.
- Accident Waiver – Not really a discount, but certain companies will allow you to have one accident before your rates go up so long as you haven’t had any claims for a certain period of time.
- Driver’s Ed – Have your child take driver’s ed class if offered at their school.
- Renewal Discounts – Some larger companies give discounts for switching to them prior to the expiration date on your current BRZ insurance policy. It’s a savings of about 10%.
- Payment Discounts – By paying your entire bill at once rather than spreading payments over time you could save 5% or more.
- Life Insurance Discount – Select insurance carriers reward you with better premium rates if you take out a life insurance policy as well.
- Low Mileage – Driving fewer miles can qualify you for discounted car insurance rates on garaged vehicles.
- Professional Organizations – Having an affiliation with qualifying employment or professional organizations could trigger savings on your next car insurance statement.
One thing to note about discounts is that some of the credits will not apply to your bottom line cost. Most cut specific coverage prices like physical damage coverage or medical payments. Even though the math looks like you can get free auto insurance, car insurance companies aren’t that generous.
If you would like to see a list of insurers who offer free Subaru BRZ insurance quotes in North Carolina, click this link.
Choices You Make Can Impact Your Insurance Prices
An important part of buying insurance is that you know the factors that aid in calculating auto insurance rates. If you have some idea of what determines base rates, this enables you to make decisions that could help you find lower premium levels.
Deter vehicle theft – Purchasing a vehicle that has an advanced theft prevention system can help lower your rates. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop car theft.
City traffic equals higher costs – Choosing to live in a small town has it’s advantages when it comes to auto insurance. Urban drivers have to deal with more traffic problems and much longer commute distances. Fewer drivers translates into fewer accident claims.
Do safer cars cost less to insure? – Vehicles with high crash test scores can get you lower premiums. These vehicles reduce the chance of injuries and fewer injuries means less money paid by your insurance company and lower rates for you. If your Subaru BRZ scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
Responsible drivers have lower costs – Even one speeding ticket could increase your next policy renewal twenty percent or more. Drivers with clean records have lower premiums compared to bad drivers. Drivers who have gotten multiple violations such as DUI or willful reckless driving may face state-mandated requirements to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to legally drive.
Certain employers pay higher rates – Careers such as lawyers, airline pilots, and stock brokers have the highest average rates in part from intense work requirements and extremely grueling work hours. Conversely, professions such as professors, students and performers pay the least.
Marriage equates to better rates – Walking down the aisle helps lower the price on auto insurance. It means you’re more mature and responsible it has been statistically shown that married drivers get in fewer accidents.
Save annual miles and save money – The more miles you rack up on your Subaru in a year the more you’ll pay to insure your vehicle. Most companies calculate rates partially by how you use the vehicle. Autos that are left in the garage receive better premium rates than those that get driven frequently. It’s a smart idea to ensure your declarations sheet correctly shows the correct usage for each vehicle. Incorrect rating for your BRZ is throwing money out the window.
Subaru BRZ claim data – Companies use statistical claims data when determining insurance prices. Models that the data determines to have higher claim amounts or frequency will have higher rates. The table below demonstrates the collected loss data for Subaru BRZ vehicles.
For each coverage type, the claim probability for all vehicles, without regard to make or model, is equal to 100. Numbers under 100 suggest losses that are better than average, while values that are 100 or greater indicate more frequent losses or a tendency for claims to be larger.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Subaru BRZ | 156 | 78 | 150 | 87 | 88 | 76 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
You may require the services of an agent
Many people would prefer to talk to a local agent and that is a personal choice. Good agents are very good at helping people manage risk and will help you if you have claims. One of the great benefits of comparing insurance prices online is you may find cheap auto insurance quotes and still choose a local agent.
After completing this quick form, your information is sent to companies in Raleigh that can give you free Raleigh auto insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to visit any agencies because quoted prices will be sent to you instantly. If for some reason you want to get a rate quote from a particular provider, you just need to navigate to their website to submit a rate quote request.
Choosing the best insurance company is decision based upon more than just a cheap quote. Any agent in Raleigh should be forthright in answering these questions:
- Do they have cheaper tiers of coverage?
- If independent agents, which companies do they recommend?
- What are the financial ratings for the companies they represent?
- Does the agency provide any after hours assistance?
- How long have they worked with personal auto insurance coverage?
- Do they reduce claim amounts on high mileage vehicles?
- How often do they review policy coverages?
If you want to use a reputable insurance agent or broker, you must know there are a couple different types of agents and how they function. Agents are either exclusive or independent (non-exclusive). Either one can provide auto insurance policies, but it’s important to know why they differ because it can factor into the type of agent you choose.
Exclusive Auto Insurance Agents
Agents that choose to be exclusive can only place business with one company and some examples include State Farm, AAA, Farmers Insurance or Allstate. They usually cannot compare other company’s rates so it’s a take it or leave it situation. Exclusive agents are usually quite knowledgeable on their company’s products which helps them sell insurance even at higher premiums. Consumers frequently choose to use a exclusive agent mainly due to loyalty to the company and strong financial ratings.
The following are exclusive insurance agencies in Raleigh that can give you price quotes.
- GEICO Insurance Agent
5011 Falls of Neuse Rd A – Raleigh, NC 27609 – (919) 862-1300 – View Map - Karen Boone – State Farm Insurance Agent
5603 Creedmoor Rd – Raleigh, NC 27612 – (919) 782-6666 – View Map - Allstate Insurance: Lauri W. Fair
9101 Leesville Rd Ste 111 – Raleigh, NC 27613 – (919) 846-3901 – View Map
Independent Agents (or Brokers)
These agents do not work for one specific company and that enables them to quote your coverage with a variety of different insurance companies and possibly get better coverage at lower prices. If you are not satisfied with one company, they can switch companies in-house without you having to go to a different agency.
When comparing auto insurance rates, it’s recommended you get insurance quotes from independent agents in order to have the best price comparison. Most independent agents also contract with smaller companies that can offer cheaper rates than bigger companies.
Listed below are independent insurance agencies in Raleigh that can give you comparison quotes.
- Nationwide Insurance: E Bradford Parker Insurance Agency Inc
1425 Rock Quarry Rd #105a – Raleigh, NC 27610 – (919) 833-6111 – View Map - Highsmith and Associates Insurance
3700 Glenwood Ave #430 – Raleigh, NC 27612 – (919) 878-9412 – View Map - Green and Wooten Insurance
800 Salem Woods Dr – Raleigh, NC 27615 – (919) 870-0021 – View Map
In the end, you can save money
Consumers leave their current company for a number of reasons such as high rates after DUI convictions, questionable increases in premium, being labeled a high risk driver and even poor customer service. No matter why you want to switch, finding a new company can be pretty painless.
You just learned many ideas to get a better price on Subaru BRZ insurance in Raleigh. The key concept to understand is the more providers you compare, the higher the chance of saving money. You may even find the most savings is with some of the lesser-known companies.
Cost effective Subaru BRZ insurance is definitely available from both online companies and also from your neighborhood Raleigh agents, and you should compare price quotes from both to have the best rate selection. Some car insurance companies may not offer online rate quotes and most of the time these smaller companies sell through independent insurance agents.
More learning opportunities
- Prepare your Teens for Safe Driving (InsureUonline.org)
- Who Has Affordable Raleigh Car Insurance for a Dodge Journey? (FAQ)
- How Much are Auto Insurance Rates for 17 Year Olds in Raleigh? (FAQ)
- What Insurance is Cheapest for a Chevrolet Equinox in Raleigh? (FAQ)
- Who Has the Cheapest Raleigh Auto Insurance for a Toyota RAV4? (FAQ)
- Auto Insurance Learning Center (State Farm)
- Safety Belts FAQ (iihs.org)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)