Top 8 Ways to Save Money on Car Insurance in Montrose

Having to pay for overpriced car insurance can empty your savings account and force you to make sacrifices. Comparing price quotes is free and is an excellent way to help make ends meet. You have so many to pick from, and although it's a good thing to have multiple companies, lots of choices makes it harder to compare rates.

It's important to shop coverage around on a regular basis since rates are constantly changing. Even if you think you had the lowest price on your last policy a different company probably has better rates today. Block out anything you think you know about car insurance because we're going to demonstrate how to quote online to get good coverage at a lower rate.

Buying car insurance in Montrose is quite easy. If you have a policy now or need new coverage, you can learn to find the best rates while maintaining coverages. Michigan drivers only need an understanding of the proper methods to get comparison quotes on the web.

Take advantage of discounts

Companies that sell car insurance don't always list every available discount very clearly, so we researched both the well known as well as the least known ways to save on car insurance. If you're not getting every credit you deserve, you are throwing money away.

  • Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more.
  • E-sign - Certain companies may give you up to $50 simply for signing over the internet.
  • Safety Course Discount - Completing a defensive driving course could cut 5% off your bill if you qualify.
  • Auto/Life Discount - Larger companies have a discount if you purchase a life insurance policy as well.
  • Senior Citizens - If you qualify as a senior citizen, you may receive a small decrease in premiums.
  • Claim Free - Drivers who don't have accidents pay much less compared to drivers who are more careless.
  • Clubs and Organizations - Being a member of a qualifying organization could trigger savings on your policy.
  • Multiple Cars - Insuring all your vehicles on one policy may reduce the rate for each vehicle.

It's important to understand that many deductions do not apply to all coverage premiums. Most only cut individual premiums such as comprehensive or collision. So when the math indicates it's possible to get free car insurance, it doesn't quite work that way.

Montrose car insurance quote

Are car insurance companies telling the truth?

Consumers in Michigan get pounded daily by advertisements for car insurance savings from the likes of Allstate and Progressive. All the ads make the same claim of big savings if you change your coverage to them.

How does each company claim to save you money?

All companies have a preferred profile for the type of customer that earns them a profit. For instance, a preferred risk might be between 30 and 50, insures multiple vehicles, and has great credit. Any new insured who matches those parameters will qualify for the lowest rates and most likely will save when switching.

Potential customers who don't qualify for these standards will be charged a higher premium which leads to the customer not buying. The ad wording is "customers that switch" not "people who quote" save that much money. This is how insurance companies can confidently advertise the savings. That is why drivers should get quotes from several different companies. It's just too difficult to predict which insurance companies will fit your personal profile best.

More tips and info about car insurance is located at the Michigan Office of Financial and Insurance Regulation website. Visitors are able to read consumer alerts, get help finding coverage, discover disciplinary actions, and view agent and company licensing information.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this Montrose agent directory.

A tidy conclusion

When you buy insurance online, make sure you don't skimp on coverage in order to save money. Too many times, drivers have reduced liability coverage limits only to discover later that the few dollars in savings costed them thousands. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

Low-cost car insurance is attainable both online as well as from independent agents in Montrose, so compare prices from both to have the best rate selection. There are still a few companies who don't offer you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.