How to Know You're Spending Too Much for Auto Insurance in Lima

Having to pay for overpriced auto insurance can empty your personal savings and force you to make sacrifices. Comparing price quotes is a great way to reduce premiums and put more money in your pocket.

Big companies like GEICO and Progressive all claim big savings with fancy advertisements and consumers find it hard to sift through the bull and effectively compare rates to find the best deal.

If you have car insurance now, you will be able to lower your premiums substantially using these techniques. Choosing the best insurance company for you in Lima is quite easy. Nevertheless, Ohio vehicle owners do need to know the way insurance companies determine prices and use this information to your advantage.

Auto Insurance Prices in Lima, Ohio

There are multiple methods to compare auto insurance quotes, but there is one way that is easier and takes less work. You can spend countless hours talking to insurance agencies in Lima, or you can utilize online quotes to get rate comparisons in just a few minutes.

The majority of car insurance companies participate in a marketplace that enables customers to only type in their quote data once, and each company returns a rated price based on the submitted data. This prevents consumers from doing form submissions to each individual auto insurance company.

To submit your quote information now, click to open in new window.

The only drawback to pricing coverage this way is you are unable to specify the providers you want pricing from. So if you want to choose specific providers to compare rates, we have a listing of low cost auto insurance companies in Ohio. View list of Ohio insurance companies.

Whichever method you choose, ensure you are comparing exactly the same deductibles and coverage limits with every price quote. If each company quotes different values for each quote it will be next to impossible to find the best deal in Lima. Slightly different coverage limits could mean much higher rates. Just remember that having more price comparisons will improve the odds of getting better pricing.

Don't pay full price with these discounts

Companies don't always advertise all available discounts in a way that's easy to find, so we break down some of the best known and the more hidden discounts you could be receiving.

  • More Vehicles More Savings - Having multiple cars or trucks on the same auto insurance policy could earn a price break for each car.
  • Own a Home - Owning a home in Lima can save you money because of the fact that having a home is proof that your finances are in order.
  • Drivers Ed for Students - Have your child enroll in driver's education in high school.
  • No Claims - Drivers who don't have accidents can save substantially when compared with bad drivers.
  • Fewer Miles Equal More Savings - Keeping the miles down can earn a substantially lower rate.
  • Life Insurance Discount - Larger companies have better rates if you take out a life insurance policy as well.
  • Good Student Discount - A discount for being a good student can get you a discount of up to 25%. This discount can apply up to age 25.

It's important to understand that some credits don't apply to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears all the discounts add up to a free policy, it doesn't quite work that way.

To see a list of insurers with the best auto insurance discounts in Lima, click here.

For more Ohio auto insurance information

More tips and info about auto insurance can be found at the Ohio Department of Insurance website. Ohio drivers can find out which companies have the most complaints, get help finding coverage, download brochures, and read industry bulletins.