Framing Savings with Framingham Insurance Quotes
Life in idyllic Framingham is not without its charms. Local residents enjoy free sports facilities at Bowditch Field, surprisingly good local theater at the Framingham Community Theater, fresh clean air, and easy access to Boston. However, whether you work as a docent for the Danforth Museum, drive trucks on old Connecticut path, Route 30, and Worcester Road, or run a mom and pop store on Union Avenue, you crave better Framingham insurance quotes to help you address the financial risks you face.
For instance, say a DUI driver careers into your SUV on the Mass Pike, and the driver lacks insurance. If you don’t have sufficient auto coverage, the repair money could wind up coming out of your pocket — even though you were not at fault. Surely, local residents could share similar insurance horror stories with you. Thus, it’s in your best interest to secure and sort through quality Framingham insurance quotes as soon as possible, so you can maximize the kind of coverage you get and minimize what you pay for that protection.
Auto Insurance — Challenges and Opportunities
When we discussed that theoretical example of an uninsured driver hitting you — that may be a low probability event, given that MA had the lowest percentage of uninsured drivers on the roads (at least as of 2007, according to the Insurance Research Council) of just 1%. Nevertheless, MA drivers still paid $981 for their auto insurance — nearly $200 more than the US average of $795. Examining these numbers in more detail, we see that Massachusetts drivers paid $313 for collision, $121 for comprehensive, and $622 for liability.
Now, remember, just because the average Framingham motorist may have a high premium doesn’t mean that you necessarily will. The number of potentially influencing factors is mindboggling. Insurers will take into account: your car’s make, model, and safety record, your credit score, your driving history, your age and demographic, your claims record, and even the grades you get at school. And that’s just the beginning. It’s impossible to pre-calculate what your Framingham insurance rates will be for auto (or really for any kind of insurance). That’s why it’s so important to shop around, speak with an agent to figure out how to tailor your quotes, and conceptualize insurance shopping as a process instead of a “one-time” task.
Of course, while that theoretical stuff may be helpful, you crave nuts and bolts ideas to get those Framingham insurance rates down. One tried and true tactic is to increase your deductible. This is the money that must come out of your pocket first before an insurer will help you with the claim. The higher your deductible, the more risk you assume, the lower your monthly premium should be. Be aware, however, that this arrangement doesn’t exactly guarantee you “free money.” Let’s say you raise your deductible from $250 to $1,000 and get good savings out of that. Assuming nothing happens to your car and you don’t need to make any claims, you have succeeded in “out gaming” the insurance system. However, if you get into a minor fender-bender and wind up with $700 worth of damage to your car, you will have to “eat” that entire cost — whereas, if you had the $250 deductible, the insurer would help you with $450 of the claim.
Free and Fast Framingham Insurance Quotes
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