It’s amazing but the vast majority of drivers have been with the same company for four years or more, and just short of a majority have never compared quotes from other companies. Most drivers in Memphis could save 35% a year, but they don’t invest the time required to save money by comparing rate quotes.
If you want to save the most money, the best way to get cheaper car insurance rates is to compare prices annually from different companies in Memphis. Prices can be compared by following these guidelines.
First, read about how car insurance works and the things you can control to prevent high rates. Many things that result in higher prices such as accidents, careless driving, and a less-than-favorable credit score can be eliminated by improving your driving habits or financial responsibility.
Second, request price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from a single company like GEICO or Allstate, while independent agents can provide price quotes from multiple insurance companies.
Third, compare the new rates to your existing coverage to see if switching to a new carrier will save money. If you find better rates and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
One important bit of advice is to try to compare the same physical damage deductibles and liability limits on each quote request and and to get price estimates from all possible companies. This enables a fair rate comparison and a complete price analysis.
If you already have coverage or want to find a cheaper company, use these techniques to find better prices while maintaining coverages. Locating the most cost-effective auto insurance policy in Memphis can be made easier if you know where to look. Vehicle owners only need an understanding of the most efficient way to shop for auto insurance online.
The providers in the list below have been selected to offer price quotes in Memphis, TN. If multiple companies are listed, it’s highly recommended you click on several of them to find the most affordable car insurance rates.
When to talk to a local insurance agent
Many drivers still prefer to buy from a local agent and often times that is recommended Agents are very good at helping people manage risk and help you file claims. One of the great benefits of comparing insurance prices online is you can get cheap rate quotes and still have a local agent. Putting coverage with neighborhood insurance agencies is definitely important in Memphis.
To find an agent, once you fill out this form (opens in new window), the coverage information is sent to insurance agents in Memphis who will return price quotes to get your business. It simplifies rate comparisons since you won’t have to search for any insurance agencies as quotes are delivered to the email address you provide. If you want to get a rate quote from a specific insurance company, you just need to search and find their rate quote page and complete a quote there.
If you want to buy car insurance from a reputable agency, you should know the types of insurance agents and how they differ in how they quote coverages. Car insurance agents are categorized either independent agents or exclusive agents depending on their employer. Both can properly insure your vehicles, but it’s important to point out the difference between them because it can influence the type of agent you choose.
Independent Insurance Agents
Independent agents are not employed by any specific company and that allows them to write policies through lots of different companies and get the cheapest rates. If premiums increase, they simply switch companies in-house and you can keep the same agent. If you are trying to find cheaper rates, you need to get several quotes from at least one independent agent to get the most accurate price comparison.
Featured below is a small list of independent agencies in Memphis that can possibly get you free price quotes.
Exclusive Car Insurance Agents
Exclusive agencies work for only one company and examples are Farmers Insurance or State Farm. They generally cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. These agents are well schooled on their company’s products which helps offset the inability to provide other markets.
The following are Memphis exclusive agents who can help you get price quote information.
Finding the right car insurance agent needs to be determined by more than just a cheap price quote. Some important questions to ask are:
- Is assistance available after office hours?
- Which company do they place the most coverage with?
- How many companies do they write for?
- Are all drivers listed on the coverage quote?
- Do they regularly work with personal auto policies in Memphis?
- How are they compensated?
- Will the quote change when the policy is issued?
- How often do they review policy coverages?
After getting satisfactory answers and an acceptable price quote, it’s a good possibility that you have found a car insurance agent that meets the criteria to properly insure your vehicles. Just be aware that you can cancel your coverage any time you want so don’t feel that you’re stuck with any specific company with no way out.
Best car insurance company in Memphis
Selecting a high-quality insurer can be difficult considering how many choices there are in Memphis. The company information shown next could help you choose which car insurance companies to look at comparing price quotes from.
Top 10 Memphis Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%