Car Insurance in Vermontville - 7 Discounts to Save Money

No one in their right mind likes having to buy car insurance, especially when the price is too high. With consumers having so many car insurance companies to choose from, it can be diffult for consumers to locate the most affordable company.

It's important to compare prices periodically since rates are constantly changing. Even if you got the best deal a couple years back you will most likely find a better rate today. Starting right now, forget anything you know (or think you know) about car insurance because we're going to show you the proper way to find lower rates on car insurance.

Be sure to get all your discounts

Companies that sell car insurance don't necessarily list all their discounts very well, so here is a list some of the more common and also the lesser-known car insurance savings. If you don't get every credit you qualify for, you are throwing money away.

  • New Car Discount - Buying coverage on a new vehicle is cheaper since new cars are generally safer.
  • Good Student - Performing well in school can get you a discount of up to 25%. The discount lasts well after school through age 25.
  • Bundle and Save - If you have multiple policies with one company you may earn up to 20% off your total premium.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Accident Forgiveness - Some insurance companies allow you one accident before your rates go up as long as you don't have any claims prior to the accident.
  • Discount for Life Insurance - Companies who offer life insurance give a break if you buy a life insurance policy as well.

A little note about advertised discounts, most credits do not apply to the entire policy premium. Most only reduce specific coverage prices like liability, collision or medical payments. So even though it sounds like it's possible to get free car insurance, you won't be that lucky.

Vermontville car insurance comparison

How do I know if I need professional advice?

When it comes to buying proper insurance coverage for your vehicles, there really is no "perfect" insurance plan. Your needs are not the same as everyone else's and a cookie cutter policy won't apply. For example, these questions may help highlight whether or not you may require specific advice.

  • Should I file a claim if it's only slightly more than my deductible?
  • Should I buy only the required Michigan minimum liability coverage?
  • What is the difference between comprehensive and collision coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Do I need special endorsements for business use of my vehicle?
  • I have good health insurance, so how much medical payments coverage do I need?

If you don't know the answers to these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and you can get the answers you need.

Is there truth in advertising?

Consumers get pounded daily by advertisements for cheaper car insurance by Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing about savings after switching to their company.

But how can every company make the same claim? It's all in the numbers.

All companies have a certain "appetite" for the driver that earns them a profit. An example of a desirable insured could be over the age of 50, a clean driving record, and drives less than 10,000 miles a year. Any new insured who fits that profile will get the preferred rates and is almost guaranteed to save a lot of money.

Potential insureds who don't measure up to this ideal profile will have to pay more money which usually ends up with business going elsewhere. The ads state "customers who switch" but not "drivers who get quotes" save that much. That is how companies can truthfully advertise the way they do. Because of the profiling, you should get quotes from several different companies. It's just too difficult to predict which company will provide you with the cheapest rates.

Even more information is available at the Michigan Office of Financial and Insurance Regulation website. Consumers can read enforcement actions against agents and companies, file complaints about a company, view agent and company licensing information, and find out industry alerts.

Also read more on Auto Insurance 101 and this page where you can research Vermontville insurance agents.

Michigan car insurance

And the best car insurance company is...

As you go through the steps to switch your coverage, do not buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped liability limits or collision coverage only to find out that the savings was not a smart move. Your aim should be to get the best coverage possible at the best price.

You just learned a lot of tips how to reduce car insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. You may be surprised to find that the biggest savings come from a small mutual company. Regional companies may cover specific market segments cheaper compared to the large companies like .

Cheaper car insurance can be purchased from both online companies and also from your neighborhood Vermontville agents, and you should be comparing both in order to have the best chance of saving money. Some car insurance companies may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.