Want to learn how to buy lower-priced insurance rates in McDonough, GA? Are you regretting the purchase of an expensive insurance policy? You're in good company because there are many McDonough drivers thinking the same thing.

Astonishing but true, nearly 70% of customers have bought insurance from the same company for at least the last four years, and 38% of drivers have never compared rates to find lower-cost insurance. With the average premium in Georgia being $1,700, drivers can cut their rates by almost $1,000 a year by just comparing rate quotes, but most undervalue how much they could save if they changed companies. Due to the large number of insurance companies to choose from, it can be diffult for drivers to pick a lower cost insurance company.

It's important to compare rates occasionally because prices are rarely the same from one policy term to another. If you had the lowest quotes on insurance at your last renewal you can probably find a better rate now. There are a lot of ways to save on insurance online, but you can learn some great ways to lower your insurance rates in McDonough.

Buying the cheapest insurance in McDonough is actually quite easy if you know where to start. If you have insurance now or need new coverage, use these techniques to find better prices while maintaining coverages. Smart shoppers just have to learn the proper way to shop for insurance online from multiple companies.

The following companies can provide price quotes in McDonough, GA. If more than one company is shown, we recommend you compare several of them to find the most competitive auto insurance rates.

Insurance Rates for Popular Vehicles in McDonough
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LTZ $1,448 $724 $121
Chevrolet Silverado LS Regular Cab 2WD $1,196 $598 $100
Dodge Ram Crew Cab TRX 4WD $1,554 $777 $130
Ford Escape XLS 2WD $1,318 $659 $110
Ford F-150 XLT Regular Cab 2WD $1,534 $767 $128
Ford Focus SES 2-Dr Coupe $1,216 $608 $101
Ford Fusion S 4-Dr Sedan $1,178 $589 $98
Honda Accord EX 4-Dr Sedan $892 $446 $74
Honda CR-V EX 4WD $1,038 $519 $87
Honda Civic EX-L 4-Dr Sedan $1,468 $734 $122
Honda Odyssey EX-L W/Rear Entertainment $1,158 $579 $97
Hyundai Elantra Blue 4-Dr Sedan $1,206 $603 $101
Jeep Grand Cherokee Limited 2WD $1,116 $558 $93
Mazda 3 I Touring 4-Dr Sedan $1,250 $625 $104
Nissan Altima 2.5 S 2-Dr Coupe $1,424 $712 $119
Toyota Camry XLE $1,318 $659 $110
Toyota Corolla LE $1,488 $744 $124
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Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Premium amounts do not factor in vehicle garaging location which can alter coverage rates substantially.

Full coverage rates compared to liability-only

The chart below illustrates the difference between Ford Focus auto insurance costs with and without full coverage. The data is based on no accidents, no driving violations, $250 deductibles, single female driver, and no discounts are taken into consideration.

Ford Focus rates are for example purposes only. To get rates for your specific vehicle, click here.

When to buy liability coverage only

There is no definitive rule of when to drop comp and collision coverage, but there is a general guideline you can use. If the yearly cost of full coverage is about 10% or more of the vehicle's replacement cost less your deductible, then you might want to consider buying only liability coverage.

For example, let's pretend your Ford Focus book value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $7,000 after the policy deductible has been paid. If you are paying over $700 a year to have full coverage, then it may be the right time to buy liability only.

There are some conditions where dropping full coverage is not a good plan. If you haven't paid off your loan, you are required to maintain full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Should you raise deductibles?

The example below highlights how deductible selection and can increase or decrease Honda Accord yearly insurance costs for each age group. The information is based on a single male driver, full physical damage coverage, and no discounts are taken into consideration.

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

Comparison of policy deductibles

When comparing auto insurance rates, the most common question is how low should you set your deductibles. The tables below can help you visualize the price difference of buying low and high coverage deductibles. The first table uses a $100 comprehensive and collision deductible and the second rate table uses a $500 deductible.

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

Honda Accord insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $294 $502 $334 $20 $100 $1,275 $106
Accord LX 4-Dr Sedan $294 $502 $334 $20 $100 $1,275 $106
Accord EX 4-Dr Sedan $294 $502 $334 $20 $100 $1,275 $106
Accord LX-P 4-Dr Sedan $294 $502 $334 $20 $100 $1,275 $106
Accord LX-P 4-Dr Sedan $294 $502 $334 $20 $100 $1,275 $106
Accord EX-L 4-Dr Sedan $338 $612 $334 $20 $100 $1,429 $119
Accord EX 2-Dr Coupe $338 $720 $444 $26 $134 $1,687 $141
Accord LX-S 2-Dr Coupe $338 $720 $444 $26 $134 $1,687 $141
Accord EX-L 2-Dr Coupe $382 $720 $444 $26 $134 $1,731 $144
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Honda Accord insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $216 $340 $334 $20 $100 $1,010 $84
Accord LX 4-Dr Sedan $216 $340 $334 $20 $100 $1,010 $84
Accord EX 4-Dr Sedan $216 $340 $334 $20 $100 $1,010 $84
Accord LX-P 4-Dr Sedan $216 $340 $334 $20 $100 $1,010 $84
Accord LX-P 4-Dr Sedan $216 $340 $334 $20 $100 $1,010 $84
Accord EX-L 4-Dr Sedan $248 $414 $334 $20 $100 $1,116 $93
Accord EX 2-Dr Coupe $248 $486 $444 $26 $134 $1,338 $112
Accord LX-S 2-Dr Coupe $248 $486 $444 $26 $134 $1,338 $112
Accord EX-L 2-Dr Coupe $278 $486 $444 $26 $134 $1,368 $114
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Georgia minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Table data does not factor in the specific area where the vehicle is garaged which can increase or decrease premiums greatly.

Using the premium rates above, we can conclude that using a $100 deductible will cost you roughly $24 more each month or $288 each year than choosing the higher $500 deductible. Since you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you have at a minimum 17 months between claims, you would more than likely save some money if you opt for a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $100 deductibles: $119
Average monthly premium for $500 deductibles (subtract): - $95
Monthly savings from raising deductible: $24
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $24
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

One big caveat is that a higher deductible results in more money out-of-pocket when you have a claim. It will be required that you have some extra funds in the event you need to pay the higher deductible.

Buying the right vehicle insurance in Georgia is an important decision

Despite the high insurance cost in McDonough, insuring your vehicle is required for several reasons.

The benefits of having insurance are definitely more than the cost, especially with large liability claims. An average driver in America overpays more than $869 every year so you should quote your policy with other companies every year to save money.

Are you eligible for every discount?

Buying insurance is not cheap, but you may qualify for discounts to reduce the price significantly. Some trigger automatically at quote time, but once in a while a discount must be specially asked for prior to getting the savings.Insurance discounts

Just know that some credits don't apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, nobody gets a free ride. But any discount will help lower your overall bill.

Insurance companies that possibly offer these discounts are:

If you need cheaper McDonough auto insurance quotes, ask every insurance company to give you their best rates. Some of the earlier mentioned discounts might not be offered in McDonough. To view companies with discount insurance rates in McDonough, click here to view.

Local McDonough auto insurance agents

A lot of people prefer to get professional advice from a licensed agent and often times that is recommended Insurance agents can point out coverage gaps and help in the event of a claim. One of the great benefits of comparing rates online is that you can obtain the best rates and also buy local.

Insurance agents in McDonoughTo find an agent, once you fill out this simple form, the quote information is immediately sent to participating agents in McDonough that give free quotes for your insurance coverage. There is no reason to search for any insurance agencies because quoted prices will be sent immediately to your email address. If for some reason you want to compare prices from a particular provider, just navigate to their website and fill out their quote form.

Choosing the best company requires more thought than just the price. Any good agent in McDonough should know the answers to these questions.

Affordable car insurance prices are available

When trying to cut insurance costs, you should never skimp on coverage in order to save money. There are many occasions where an insured cut comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. The aim is to buy the best coverage you can find at a price you can afford while still protecting your assets.

Discount car insurance in McDonough can be sourced on the web and from local insurance agents, and you need to price shop both in order to have the best chance of saving money. A few companies may not offer rate quotes online and most of the time these small, regional companies prefer to sell through local independent agencies.

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