Top 7 Ways to Save Money on Car Insurance in Covington

Scraping up a payment for overpriced car insurance can take a big chunk out of your checking account and force you to make sacrifices. Doing a price comparison is a smart way to cut your insurance bill.

Lots of contend for your business, and because of this it can be hard to compare and uncover the absolute lowest rate

If you are paying for car insurance now, you stand a good chance to be able to save some money using this information. Finding affordable coverage in Covington is easy if you know what you're doing. But Louisiana car owners do need to know how the larger insurance companies market insurance on the web and take advantage of how the system works.

Policy discounts you shouldn't miss

Insurance can cost an arm and a leg, but you can get discounts to help bring down the price. Certain discounts will be triggered automatically when you purchase, but lesser-known reductions have to be asked for before being credited.

  • Multiple Cars - Buying insurance for all your vehicles on one policy can get a discount on all vehicles.
  • Discount for Life Insurance - Select insurance companies reward you with lower rates if you buy auto and life insurance together.
  • Fewer Miles Equal More Savings - Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Safety Course Discount - Taking part in a driver safety course could cut 5% off your bill if you qualify.
  • Theft Prevention System - Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
  • Paperless Signup - A handful of insurance companies will give a small break for buying a policy and signing up on their website.
  • Clubs and Organizations - Belonging to certain professional organizations could qualify you for a break when buying car insurance.

Consumers should know that most credits do not apply to your bottom line cost. Some only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like all those discounts means the company will pay you, companies don't profit that way. But all discounts will cut the amount you have to pay.

Insurance agents can help

When it comes to buying proper insurance coverage for your personal vehicles, there is no "perfect" insurance plan. Your needs are not the same as everyone else's and a cookie cutter policy won't apply. For example, these questions can help discover whether your personal situation will benefit from professional help.

  • Am I covered when driving on a suspended license?
  • What happens if I owe more than my vehicle is worth?
  • Is my dog or cat covered if injured in an accident?
  • Do I really need UM/UIM coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Does my personal policy cover me when driving my company car?
  • Is my nanny covered when driving my vehicle?

If you don't know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Save $429 a year? Really?

Allstate, GEICO and Progressive consistently run television and radio advertisements. All the companies say the same thing that you'll save big if you change to their company. How do they all make the same claim? It's all in the numbers.

All the different companies have a preferred profile for the driver that earns them a profit. An example of a profitable customer could be between the ages of 40 and 55, has no prior claims, and has great credit. Any new insured who fits that profile will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Consumers who don't qualify for the "perfect" profile must pay higher prices which usually ends up with business going elsewhere. The ad wording is "customers who switch" but not "drivers who get quotes" save that much. This is how companies can advertise the savings.

This illustrates why you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will give you the biggest savings.

Learn more about car insurance in Louisiana

Much more information about car insurance in Louisiana is available on the website for the Louisiana Department of Insurance found here. Consumers can report car insurance fraud, file complaints about an insurance agent or broker, find disaster information, and discover disciplinary actions.

Louisiana car insurance quotes

Do the work, save more money

Discount car insurance is attainable from both online companies and also from your neighborhood Covington agents, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. In too many instances, consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at the best price while not skimping on critical coverages.