No car owner anticipates paying for insurance, in particular when they could lower their rates if they shopped around.
A recent insurance study revealed that 70% of consumers kept buying from the same company for at least four years, and practically 40% of insurance customers have never shopped around. With the average insurance premium being $1,700, Atlanta drivers could save 60% a year just by shopping around, but they underestimate the big savings they would realize if they replace their high priced policy. Due to the large number of companies and agents to choose from, it is hard for the average consumer to find a lower cost insurance company.
You should make it a habit to do price comparisons occasionally because prices change regularly. Despite the fact that you may have had the lowest rates on Scion xB insurance in Atlanta a couple years back you can probably find a better rate quote now. You can find a lot of misleading information regarding xB insurance online, but in just a couple of minutes you can learn some great ways to save money.
The providers in the list below provide price quotes in Georgia. If multiple companies are listed, we recommend you visit several of them in order to find the most affordable rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in specific zip code location which can impact prices significantly.
Full coverage or liability only
The example below visualizes the comparison of Scion xB auto insurance costs with full physical damage coverage and with liability coverage only. The premiums assume no driving violations, no at-fault accidents, $500 deductibles, married male driver, and no discounts are applied to the premium.
When to drop comprehensive and collision coverage
There is no clear-cut formula that works best for making the decision to drop comp and collision coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let's pretend your Scion xB claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would receive is $8,000 after the deductible is paid. If you are paying in excess of $800 a year for physical damage coverage, then it may be the right time to buy liability only.
There are a few situations where eliminating full coverage is not a good plan. If you still have a loan on your vehicle, you are required to maintain full coverage to protect the lienholder's interest. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage.
Impact of careless driving on car insurance rates
The chart below illustrates how traffic citations and fender-benders increase Scion xB insurance prices for different age groups. The price estimates are based on a married male driver, full coverage, $1,000 deductibles, and no discounts are factored in.
Should you raise deductibles?
The example below demonstrates how choosing different deductibles and can change Scion xB insurance costs for different insured age categories. The rates are based on a married female driver, full coverage, and no policy discounts are applied.
Local Atlanta auto insurance agents
Many drivers still like to go talk to an agent. Professional agents are trained risk managers and help file insurance claims. One of the benefits of price shopping on the web is you can get cheap rate quotes and also buy local.
To help locate an agent, after submitting this form (opens in new window), your insurance coverage information is sent to local insurance agents that can provide free Atlanta car insurance quotes for your insurance coverage. It's much easier because you don't need to leave your computer because prices are sent to your email. In the event you want to quote rates from a particular provider, you can always find their quoting web page and fill out the quote form the provide.
Finding a good company requires more thought than just a low price. The following questions are important to ask.
- How will an accident affect your rates?
- How often do they review policy coverages?
- Is the agent properly licensed in Georgia?
- Is their price quote a firm figure or are their hidden costs?
- Will they make sure you get an adequate claim settlement?
- Do the coverages you're quoting properly cover your vehicle?
If you are wanting to purchase auto insurance from a local insurance agency, there are a couple of different types of agents that differ in how they can insure your vehicles. Auto insurance agents may be either independent (non-exclusive) or exclusive. Both types can properly insure your vehicles, but it is a good idea to know how they differ because it can impact buying decisions.
Exclusive Insurance Agents
Agents that choose to be exclusive write business for a single company and examples are Farmers Insurance and State Farm. Exclusive agents are unable to compare other company's rates so you need to shop around if the rates are high. Exclusive agents are very knowledgeable on sales techniques and that can be a competitive advantage.
Shown below are Atlanta exclusive insurance agents that can give you comparison quotes.
Agents that choose to be independent are not limited to a single company so they have the ability to put coverage through many companies and get the cheapest rates. If your agent finds better pricing, your agent can just switch to a different company which is easy for the insured.
If you need lower rates, you should always get insurance quotes from independent agents in order to compare the most rates.
The following is a short list of independent insurance agents in Atlanta that can give you price quote information.