Texas buyers have a choice when searching for low-cost Aston Martin DB7 insurance. They can either waste time struggling with agents getting price quotes or use the internet to compare rates. There is a better way to find car insurance online so we’re going to tell you the best way to compare rates on a Aston Martin and find the best price possible from Texas insurance agents and online providers.
Discounts can save BIG
Car insurance companies don’t always publicize every available discount very clearly, so we took the time to find both well-publicized and the more hidden ways to save on car insurance. If you’re not getting every credit possible, you are throwing money away.
- Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you could save up to 5%.
- Student in College – Youth drivers living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
- Senior Discount – Mature drivers may receive a discount up to 10% on DB7 insurance.
- Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
- Government Employees – Being employed by or retired from a federal job can save as much as 8% on DB7 insurance depending on your company.
- Seat Belts Save – Requiring all passengers to use a seat belt could cut 10% or more off your medical payments premium.
A little note about advertised discounts, many deductions do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, you’re out of luck.
Aston Martin DB7 insurance rates have many determining factors
It’s important that you understand the factors that go into determining the rates you pay for car insurance. Understanding what determines base rates helps enable you to make changes that can help you get lower car insurance prices.
Listed below are a partial list of the pieces that factor into your rates.
- Careful drivers pay lower rates – Even one moving violation can boost insurance rates twenty percent or more. Careful drivers receive lower rates than people who have multiple driving citations. If you have severe violations like reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with the DMV in their state in order to drive a vehicle legally.
- No coverage gaps is important – Not having insurance can get your license suspended and you will pay a penalty because you let your insurance expire. And not only will your rates increase, but not being able to provide proof of insurance may earn you a steep fine or even jail time.You may have to prove you have insurance by filing a SR-22 with the Texas motor vehicle department.
- How many coverages with the same company – Many insurance companies give discounts to policyholders who consolidate policies with them such as combining an auto and homeowners policy. Discounts can add up to 10 percent or more. Even though this discount sounds good, it’s in your best interest to compare rates to verify if the discount is saving money. You may still find better rates by buying insurance from more than one company.
- Men pay higher rates – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Women and men tend to get into accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also receive more costly citations like DUI and reckless driving.
- Extra coverages can waste money – There are a ton of extra bells and whistles that can waste your money if you aren’t careful. Coverages like vanishing deductibles, accident forgiveness and additional equipment coverage may be costing you every month. They may seem good when talking to your agent, but now you might not need them so get rid of them and save.
- Safe vehicles cost less to insure – Vehicles with high crash test scores can get you lower premiums. Safer cars protect occupants better and fewer injuries means less money paid by your insurance company and lower rates for you. If your Aston Martin is rated at least four stars on Safercar.gov you may qualify for a discount.
- The type of vehicle makes a difference – The type of vehicle you drive makes a substantial difference in how high your rates are. The lowest base rates are usually for economy passenger cars, but the final cost of insurance is determined by many other factors. Due to the fact that the Aston Martin DB7 is a luxury sports car, insuring your vehicle will cost up to twice as much than the average rate where you live.
- Car features impact rates – Driving a car with an alarm system can get you a discount on your car insurance. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your vehicle from being stolen.
How do I know if I need professional advice?
When it comes to buying the right insurance coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s needs are different.
For example, these questions may help highlight whether your personal situation might need professional guidance.
- Is my teen driver covered when they drive my company car?
- Do I get a pro-rated refund if I cancel my policy early?
- Am I covered when driving on a suspended license?
- Who is covered when they drive my Aston Martin DB7?
- When would I need rental car insurance?
- Am I covered if I wreck a rental car?
- Should I drop comprehensive coverage on older vehicles?
- What is the minimum liability in Texas?
If you can’t answer these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and can provide invaluable advice.
What if I want to buy from a local Texas agent?
Certain consumers prefer to buy from a licensed agent. Good agents can help determine the best coverages and help submit paperwork. One of the best bonuses of comparing insurance prices online is you can get better rates but also keep your business local.
By using this form (opens in new window), the quote information is emailed to local insurance agents who will battle for your business. You won’t need to even leave your home as quotes are delivered to your email. How’s that for easy!
Picking an provider requires more thought than just a low price. These questions are important to ask:
- Do they have any clout with companies to ensure a fair claim settlement?
- How long have they worked with personal auto insurance coverage?
- How long has their agency been in business?
- Which members of your family are coverage by the policy?
- Does the agent have professional designations like CIC, CPCU or AIC?
- How are they compensated?
- Will your rates increase after a single accident?
Two types of Texas auto insurance agents
When finding a reliable agent, there are two different types of agents that you can select. Agents can either be independent (non-captive) or captive. Both properly insure your vehicles, but it’s good to learn how they are different since it may influence the selection process.
Agency Captives
This type of agents can only write with one company like Farmers Insurance, American Family, State Farm and Allstate. These agents are unable to compare other company’s rates so they have no alternatives for high prices. These agents receive extensive training on their products and sales techniques and that can be a competitive advantage. Some consumers prefer to purchase coverage from captives mainly due to the prominence of the brand and the convenience of having a single billing for all their coverages.
Independent Agents
These agents do not work for one specific company but instead can place your coverage with any number of different companies enabling the ability to shop coverage around. To transfer your coverage to a different company, your agent can switch companies without you having to go to a different agency.
When comparison shopping, you should always include price quotes from at least one independent agent to have the most options to choose from. They also have the ability to place coverage with smaller regional carriers who may have lower rates.
For a complete listing of insurance agents in Texas, click here.
Upon getting positive responses to your questions and an acceptable price quote, it’s possible that you found an insurance agent that can provide car insurance coverage.
Drivers who switch save $384 a year? Really?
Texas consumers constantly see and hear ads for the lowest price auto insurance from companies such as Allstate and Progressive. All the companies make the same claim that you’ll save big after switching your policy.
How can each company make almost identical claims?
All the different companies are able to cherry pick for the type of driver they prefer to insure. For example, a driver they prefer could be between the ages of 30 and 50, owns a home, and drives less than 7,500 miles a year. Any driver who meets those qualifications is entitled to the best price and most likely will save a lot of money.
Consumers who don’t measure up to the “perfect” profile will be charged a higher premium and this can result in the customer not buying. The ads say “drivers who switch” not “everybody who quotes” save that kind of money. That is how insurance companies can confidently make the claims of big savings. That is why drivers must compare as many rates as you can. Because you never know the company that will provide you with the cheapest rates.
Texas car insurance information
More tips and info about car insurance can be found at the Texas Department of Insurance website. Consumers can find a variety of consumer forms, learn about specific coverages, and get help finding coverage.
More related Texas car insurance information:
Do the work, save more money
When trying to cut insurance costs, it’s a bad idea to buy less coverage just to save a little money. In many instances, an insured cut liability coverage limits to discover at claim time that the small savings ended up costing them much more. The ultimate goal is to buy a smart amount of coverage at the best price, not the least amount of coverage.
Low-cost Aston Martin DB7 insurance is definitely available both online as well as from independent agents in Texas, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.
Throughout this article, we presented a lot of tips how to compare Aston Martin DB7 insurance prices online. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with a small mutual company.