Car Insurance in Mathews, LA - 6 Tricks to Save Money

If online car insurance comparisons are new to you, it's easy to be confused by the hoards of car insurance companies offering coverage in Mathews.

If you have car insurance now, you will be able to reduce your rates substantially using this information. Locating the cheapest protection in Mathews can be fairly easy. But Louisiana consumers do need to know how big insurance companies price insurance differently.

compare Mathews car insurance rates

How much can you save with these six discounts?

Companies that sell car insurance don't always list every discount in a way that's easy to find, so the following is a list of both the well known and the harder-to-find discounts you could be receiving.

  • Lower Rates for Military - Being deployed with a military unit may qualify for rate reductions.
  • Good Student - This discount can get you a discount of up to 25%. The good student discount can last well after school through age 25.
  • Save with a New Car - Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
  • Payment Method - By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Life Insurance Discount - Select insurance companies reward you with better rates if you take out a life insurance policy as well.
  • Low Mileage Discounts - Fewer annual miles could qualify for a substantially lower rate.

Consumers should know that some of the credits will not apply to the entire policy premium. A few only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like you can get free auto insurance, companies don't profit that way.

To choose insurance companies who offer car insurance discounts in Mathews, click here.

Save 15 percent in 15 minutes? Is it for real?

Car insurance providers like State Farm, Allstate and GEICO continually stream television and radio advertisements. They all have a common claim that you'll save big after switching your coverage to them. How can each company claim to save you money? This is how they do it.

All companies have a certain "appetite" for the type of customer that makes them money. A good example of a driver they prefer might be between 30 and 50, a clean driving record, and has great credit. Any new insured that hits that "sweet spot" receives the best rates and is almost guaranteed to save when they switch companies.

Consumers who don't meet the requirements will be quoted higher prices and this can result in the customer not buying. Company advertisements say "drivers who switch" but not "drivers who get quotes" save that much money. That is how companies can advertise the savings. This emphasizes why you should get quotes from several different companies. It's just too difficult to predict which company will give you the biggest savings.

How much car insurance do I need?

When buying coverage for your vehicles, there really is not a "best" method to buy coverage. Everyone's situation is unique.

For example, these questions may help highlight if your insurance needs might need professional guidance.

  • Do I have coverage when using my vehicle for my home business?
  • Should I buy only the required Louisiana minimum liability coverage?
  • Who is covered when they drive my vehicle?
  • Are my tools covered if they get stolen from my vehicle?
  • What happens if I owe more than my vehicle is worth?
  • Is my vehicle covered for flood damage?

If you can't answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form.

More detailed Louisiana car insurance information can be read at the Louisiana Department of Insurance website. Visitors are able to find disaster information, file complaints about a company, and file complaints about an insurance agent or broker.

Louisiana car insurance

Final considerations

Drivers change insurance companies for any number of reasons including unfair underwriting practices, high prices, delays in paying claims or even delays in responding to claim requests. It doesn't matter what your reason, switching car insurance companies is easier than you think.

We just covered a lot of techniques to save on car insurance. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the best prices are with a smaller regional carrier.

As you prepare to switch companies, it's not a good idea to buy poor coverage just to save money. There have been many situations where someone dropped collision coverage and discovered at claim time that the small savings ended up costing them much more. The proper strategy is to buy enough coverage for the lowest price while still protecting your assets.