Proven Ways to Save on Ferriday Auto Insurance

Having to pay for overpriced auto insurance can empty your savings account and force you to prioritize other expenses. Comparison shopping is a smart way to lower your monthly bill.

Drivers have multiple to buy insurance from, and although it's nice to have multiple companies, it can be more challenging to compare rates.

It's important to take a look at other company's rates quite often since insurance rates are constantly changing. If you had the best rates last year you will most likely find a better rate today. There is a lot of bad information regarding auto insurance online, so we're going to give you some great ways to put money back in your pocket.

The purpose of this article is to help you learn the most effective way to quote insurance and some tips to save money. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using this information. Although Louisiana vehicle owners do need to know how companies market on the web.

Be sure to get all your discounts

Car insurance can cost a lot, but you can get discounts that can drop the cost substantially. Some trigger automatically at the time you complete a quote, but some may not be applied and must be asked for prior to getting the savings.

  • Good Student Discount - Performing well in school can save 20 to 25%. The good student discount can last up to age 25.
  • Senior Discount - If you qualify as a senior citizen, you can possibly qualify for better auto insurance rates.
  • No Accidents - Drivers who don't have accidents pay less compared to drivers who are more careless.
  • Own a Home - Being a homeowner may trigger a auto insurance policy discount because of the fact that having a home demonstrates responsibility.
  • Pay Upfront and Save - If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
  • More Vehicles More Savings - Buying insurance for multiple cars or trucks on one policy can get a discount on all vehicles.
  • Service Members Pay Less - Having a deployed family member can result in better rates.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. Some only reduce specific coverage prices like medical payments or collision. So even though it sounds like you could get a free auto insurance policy, you won't be that lucky. Any amount of discount will bring down the amount you have to pay.

Louisiana auto insurance

How do I know if I need professional advice?

When it comes to buying coverage for your personal vehicles, there isn't really a one size fits all plan. Every situation is different and a cookie cutter policy won't apply. For example, these questions may help you determine whether or not you would benefit from an agent's advice.

  • Do I need to file an SR-22 for a DUI in Louisiana?
  • Should I put collision coverage on all my vehicles?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Does my policy cover my teen driver if they drive my company car?
  • What can I do if my company won't pay a claim?
  • Am I covered by my employer's commercial auto policy when driving my personal car for business?
  • Am I covered if I wreck a rental car?
  • Do I have coverage when using my vehicle for my home business?

If you don't know the answers to these questions, you may need to chat with a licensed insurance agent. If you don't have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area.

Is there truth in advertising?

Companies like State Farm and Allstate regularly use television and radio advertisements. All the ads say the same thing about savings if you move to their company. How does each company say the same thing? It's all in the numbers.

Different companies have a preferred profile for the driver that earns them a profit. A good example of a preferred risk might be profiled as between 25 and 40, insures multiple vehicles, and has great credit. A propective insured who fits that profile will get very good rates and is almost guaranteed to save when switching.

Potential customers who don't measure up to these standards will be charged a more expensive rate which usually ends up with business not being written. The ads say "customers who switch" but not "drivers who get quotes" save that much. This is how companies can truthfully advertise the savings.

That is why you should get quotes from several different companies. It's not possible to predict which insurance companies will give you the biggest savings.

Additional information can be read on the website for the Louisiana Department of Insurance found here. Louisiana drivers can file complaints about a company, learn about insurance regulations, read industry bulletins, and get help finding coverage.

Ferriday auto insurance comparison

The best insurance company isn't always the cheapest

In this article, we covered a lot of tips how to reduce auto insurance prices online. The key concept to understand is the more you quote, the better your comparison will be. Consumers could even find that the most savings is with some of the smallest insurance companies. Regional companies may cover specific market segments cheaper compared to the large companies like .

As you prepare to switch companies, never buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced collision coverage and discovered at claim time that the small savings ended up costing them much more. Your goal should be to find the BEST coverage at the best price, not the least amount of coverage.