Cheapest Insurance for a Saturn Outlook in Raleigh

We don’t have to point out that fact that auto insurance companies want to keep you from comparing rates. People who compare other prices will, in all likelihood, switch companies because they stand a good chance of finding lower prices. A study showed that drivers who compared prices regularly saved over $70 a month as compared to drivers who never compared prices.

If finding the lowest price for auto insurance in Raleigh is your ultimate goal, learning the best way to shop and compare coverage rates can make the process more efficient.

The preferred way to find lower priced auto insurance rates in Raleigh is to compare prices at least once a year from insurers who sell insurance in North Carolina.

• Step 1: Read about the coverage provided by your policy and the measures you can control to prevent high rates. Many rating factors that result in higher rates such as careless driving and a low credit rating can be amended by making minor changes in your lifestyle. Later in this article we will cover more details to find cheap rates and find discounts that may have been missed.
• Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from one company like GEICO or Allstate, while agents who are independent can provide price quotes for a wide range of companies. Begin your rate comparison
• Step 3: Compare the new rates to your current policy premium to see if you can save by switching companies. If you find better rates and switch companies, make sure coverage is continuous and does not lapse.

One piece of advice is to try to compare identical coverage information on each quote and and to get price estimates from as many carriers as you can. Doing this ensures the most accurate price comparison and a complete price analysis.

Keep in mind that comparing a large number of companies helps you find lower pricing.

The companies shown below have been selected to offer quotes in Raleigh, NC. In order to find cheaper car insurance in Raleigh, we suggest you click on several of them to get a more complete price comparison.

Determine discounts to get cheap Raleigh insurance quotes

Car insurance can cost a lot, but you may find discounts that could drop your premiums quite a bit. Many of these discounts will be applied automatically when you purchase, but a few must be asked about before you will receive the discount.

• ABS and Traction Control Discounts – Cars, trucks, and SUVs equipped with ABS or steering control prevent accidents and the ABS can save up to 10%.
• Multiple Policy Discount – If you have multiple policies and insure them with the same company you could earn a discount of nearly 15% which can help you find cheaper Outlook insurance.
• No Claims – Claim-free drivers have much lower rates when compared to policyholders that have many claims.
• Discount for Swiching Early – Some companies provide a discount for buying a new policy prior to the expiration date on your current Outlook insurance policy. It can save you around 10%.
• Multi-car Discount – Buying a policy with multiple vehicles on the same insurance policy can get a discount for every vehicle.
• Discounts for Cautious Drivers – Insureds without accidents can save as much as half off their rates than drivers with accident claims.
• Discount for Good Grades – This discount may save as much as 25% on a Raleigh car insurance quote. The discount lasts up to age 25.

Please keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like you could get a free insurance policy, you won’t be that lucky.

The diagram below visualizes the comparison of Saturn Outlook annual premium costs with and without discounts applied to the rates. The rate quotes are based on a male driver, a clean driving record, no claims, North Carolina state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, homeowner, safe-driver, claim-free, and marriage discounts applied.

To find insurers who offer insurance discounts in North Carolina, click this link.

Saturn Outlook coverage analysis

The price information shown below highlights detailed analysis of insurance premium costs for Saturn Outlook models. Being aware of how insurance rates are determined can help you make informed decisions when shopping around for a new policy.

Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Estimates do not factor in specific location which can impact auto insurance rates substantially.

Can higher deductibles save money?

A question often asked by Raleigh drivers is which comprehensive and collision deductibles to buy. The premium rates below may help you to understand the price difference when you choose different comp and collision deductibles. The first table uses a $100 physical damage deductible and the second price table uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Information does not factor in vehicle garaging location which can lower or raise premiums substantially.

Based on this data, we can arrive at the conclusion that using a $100 deductible would cost the average driver about $20 more each month or $240 for a full year than selecting the higher $500 deductible. Since you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to go more than 20 months between claim filings, you would more than likely save some money if you elect the higher deductible.

Car insurance premiums based on gender

The example below visualizes the comparison of Saturn Outlook auto insurance costs for male and female drivers. The rate quotes are based on no claims or violations, comp and collision included, $500 deductibles, single status, and no discounts are taken into consideration.

Liability only or full coverage

The diagram below shows the comparison of Saturn Outlook annual premium costs with liability coverage only compared to full coverage. Data assumes a clean driving record, no claims, $1,000 deductibles, drivers are not married, and no discounts are applied.

When to switch to liability coverage only

There is no exact formula to exclude comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is 10% or more of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your Saturn Outlook settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $7,000 after paying the physical damage deductible. If you are paying over $700 annually for physical damage coverage, then it might be time to buy liability only.

There are a few cases where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not buy liability only.

Components of Your Saturn Outlook Insurance Premiums

Multiple criteria are used when you get your auto insurance bill. Some are pretty understandable like an MVR report, but others are not as apparent such as your credit history or your financial responsibility.

Shown below are some of the items used by insurance companies to determine premiums.

• Tickets inflate costs – Drivers with clean records get better rates compared to drivers with tickets. Having a single ticket can increase the cost of insurance twenty percent or more. Drivers who have gotten dangerous citations like reckless driving, hit and run or driving under the influence are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent their license from being revoked.

  The illustration below illustrates how speeding tickets and at-fault claims can raise Saturn Outlook car insurance rates for each age group. The premiums are based on a single female driver, full coverage, $1,000 deductibles, and no discounts are taken into consideration.

• An active policy claims history can cost more – If you’re an insured who likes to file claims you can pretty much guarantee either a policy non-renewal or much higher rates. Car insurance companies in North Carolina generally give lower rates to drivers who only file infrequent claims. Your car insurance is intended to be relied upon for more catastrophic claims.
• More policies can equal more savings – Most major companies afford lower prices to insureds who have multiple policies with them, otherwise known as a multi-policy discount. This can amount to as much as ten percent or more Even if you’re getting this discount consumers should still compare Saturn Outlook rates in Raleigh to guarantee you are still saving the most.
• Liability coverage limits should be high – The liability coverage on your policy is the protection if you are found to be at fault for personal injury or accident damage. Liability insurance provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to comp and collision, so drivers should buy more than the minimum limits required by law.
• Choose high IIHS safety ratings and save – Vehicles with good safety scores tend to be cheaper to insure. These vehicles have better occupant injury protection and lower injury rates translates directly to fewer claims passed on to you as lower rates. If the Saturn Outlook earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.
• More people means more accidents – Having an address in smaller towns and rural areas of the country has it’s advantages when talking about insurance. Fewer people translates into fewer accident claims. Drivers in populated North Carolina areas regularly have more road rage incidents and more time behind the wheel. More time behind the wheel means a statistically higher chance of an accident.
• Annual miles is a factor – Driving more miles annually the higher your rate. Almost all companies price each vehicle’s coverage based on their usage. Vehicles that sit idle most of the time get more affordable rates as compared to vehicles used primarily for driving to work. An incorrectly rated Outlook may be wasting your money. It’s always a good idea to double check that your declarations sheet is showing the correct usage for each vehicle, because it can save money.