7 Top Tricks to Lower Car Insurance Costs in East Palestine, OH
Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us when we tell you you're not alone.
Insurance companies such as GEICO and Progressive continually hit you with fancy advertisements and it can be hard to sift through the bull and do the work needed to find the best deal.
It's important to get comparison quotes every six months since rates are constantly changing. Just because you found the lowest price a couple years back you will most likely find a better rate today. Ignore everything you know about car insurance because you're about to find out the quickest way to properly buy coverages while reducing your premium.
Take advantage of discounts
Car insurance companies don't necessarily list all their discounts in a way that's easy to find, so we researched both the well known and also the lesser-known discounts you could be receiving.
- Life Insurance Discount - Companies who offer life insurance give better rates if you take out life insurance.
- Clubs and Organizations - Being a member of a civic or occupational organization may earn a discount on car insurance.
- Federal Government Employee - Active or retired federal employment could cut as much as 10% off with select insurance companies.
- No Claims - Drivers with accident-free driving histories pay much less as compared to drivers who are more careless.
- Sign Online - A few companies may give you up to $50 for buying your policy digitally online.
- Homeowners Discount - Owning a house in East Palestine can save you money because maintaining a house shows financial diligence.
- Military Discounts - Being deployed with a military unit could be rewarded with lower premiums.
A little note about advertised discounts, some credits don't apply to all coverage premiums. Some only apply to specific coverage prices like collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, you won't be that lucky.
Are car insurance companies telling the truth?
Car insurance companies such as GEICO, State Farm and Progressive consistently run ads on TV and radio. They all seem to have a common claim about savings if you change your policy. How can each company claim to save you money? It's all in the numbers.
Insurance companies are able to cherry pick for the right customer that earns them a profit. For instance, a desirable insured might be a mature driver, has no driving citations, and drives less than 10,000 miles a year. Any new insured that hits that "sweet spot" will qualify for the lowest rates and most likely will save when they switch companies.
Potential customers who don't qualify for the requirements will have to pay a more expensive rate and this can result in the customer not buying. The ad wording is "customers who switch" not "people who quote" save that kind of money. That's the way companies can truthfully advertise the way they do. Because of the profiling, you should compare as many rates as you can. It's just too difficult to predict which car insurance company will provide you with the cheapest rates.
Learn more about Ohio car insurance
Even more information is located at the Ohio Department of Insurance website. Visitors are able to file complaints about an insurance agent or broker, find out which companies have the most complaints, download brochures, and read industry bulletins.
As you go through the steps to switch your coverage, it's a bad idea to buy lower coverage limits just to save a few bucks. In many instances, someone sacrificed liability coverage limits only to discover later that the savings was not a smart move. The ultimate goal is to get the best coverage possible at the best price.
Cheaper car insurance can be sourced both online in addition to many East Palestine insurance agents, and you need to price shop both to have the best rate selection. Some car insurance companies do not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.