How to Find Cheap Loudonville Auto Insurance
Saving money on Loudonville auto insurance is nearly impossible for consumers new to shopping for insurance online. You have so many choices that it can easily become more work than you anticipated to find the best price in Loudonville.
Buying car insurance in Loudonville is quite easy. If you currently have car insurance, you will be able to lower your premiums substantially using these methods. Nevertheless, Ohio drivers do need to know the way companies determine prices and use this information to your advantage.
Save big with these discounts
Companies offering auto insurance don't always publicize every discount very clearly, so we break down both well-publicized and the more hidden discounts you could be receiving.
- Claim Free - Claim-free drivers can save substantially when compared to drivers who are more careless.
- Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
- Pay Upfront and Save - By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
- Save over 55 - If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums.
- Clubs and Organizations - Participating in a qualifying organization may earn a discount when shopping for auto insurance.
- Low Mileage Discounts - Keeping the miles down can earn a substantially lower rate.
- Defensive Driving Course - Taking a course in driver safety could save 5% or more if you qualify.
- Anti-theft System - Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
Consumers should know that some credits don't apply to the entire cost. Most cut the cost of specific coverages such as comp or med pay. So even though it sounds like you would end up receiving a 100% discount, companies don't profit that way.
Auto insurance ads bend the truth
Auto insurance providers like Progressive, Allstate and GEICO regularly use ads on TV and radio. They all have a common claim of big savings if you move your coverage to them. How does each company make almost identical claims?
Different companies can use profiling for the type of customer that earns them a profit. For example, a driver they prefer could possibly be between the ages of 30 and 50, has no tickets, and drives less than 7,500 miles a year. A customer getting a price quote that hits that "sweet spot" gets the lowest rates and most likely will save when switching.
Potential customers who fall outside these standards will be quoted higher prices and this can result in the driver buying from a lower-cost company. The ads say "people who switch" not "people who quote" save that much money. That's why insurance companies can confidently advertise the way they do. This emphasizes why you should get a wide range of price quotes. It's impossible to know the company that will provide you with the cheapest rates.
More tips and info about auto insurance can be found at the Ohio Department of Insurance website. Ohio consumers can read industry bulletins, download brochures, and view a list of available companies.
Do the work, save more money
Drivers who switch companies do it for many reasons like high rates after DUI convictions, extreme rates for teen drivers, unfair underwriting practices and even not issuing a premium refund. Whatever your reason, finding the right auto insurance provider is less work than it seems.
When shopping online for auto insurance, it's very important that you do not buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage at an affordable rate while still protecting your assets.
Cost effective auto insurance is possible online as well as from independent agents in Loudonville, and you should compare price quotes from both so you have a total pricing picture. Some auto insurance companies don't offer you the ability to get quotes online and these regional insurance providers work with independent agents.