Buy the Cheapest Welsh Auto Insurance
Expensive auto insurance can empty your savings account and put a big crunch on your finances. Comparison shopping is a great way to help make ends meet.
Online insurance companies like GEICO and Progressive all claim big savings with catchy ads and it is difficult to sift through the bull and do the work needed to find the best deal.
Save big with these discounts
Auto insurance companies don't always publicize every discount in a way that's easy to find, so we took the time to find some of the best known as well as the least known discounts you could be receiving.
- Payment Method - By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
- Paperwork-free - A few companies give back up to $50 for buying your policy digitally online.
- Own a Home - Simply owning a home can save you money due to the fact that maintaining a home is proof that your finances are in order.
- No Accidents - Drivers who don't have accidents can save substantially when compared to drivers who are more careless.
- Clubs and Organizations - Affiliation with a civic or occupational organization may earn a discount when shopping for auto insurance.
- Accident Waiver - A handful of insurance companies will forgive one accident before your rates go up if your claims history is clear for a set time period.
As a disclaimer on discounts, some credits don't apply to all coverage premiums. Most only reduce individual premiums such as liability and collision coverage. So even though it sounds like adding up those discounts means a free policy, auto insurance companies aren't that generous.
Auto insurance ads bend the truth
Auto insurance providers like State Farm, Allstate and GEICO continually stream ads on TV and radio. They all have a common claim about savings after switching to their company. How can each company say the same thing?
Insurance companies have a preferred profile for the driver that earns them a profit. For example, a driver they prefer might be profiled as between the ages of 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. A propective insured that hits that "sweet spot" will get the preferred rates and most likely will save when they switch companies.
Potential customers who fall outside the requirements will be quoted a higher premium and this can result in business not being written. The ads state "customers that switch" not "people who quote" save that much. This is how companies can truthfully advertise the way they do. This emphasizes why you should quote coverage with many companies. It's not possible to predict which insurance companies will provide you with the cheapest rates.
For more Louisiana auto insurance information
Even more information can be found at the Louisiana Department of Insurance website. Louisiana drivers can view a list of available companies, get help finding coverage, report car insurance fraud, and read industry bulletins.
Final considerations
Cheap auto insurance can be sourced on the web and also from your neighborhood Welsh agents, and you should compare price quotes from both to have the best rate selection. Some auto insurance companies may not provide you the ability to get quotes online and these regional insurance providers work with independent agents.
When shopping online for auto insurance, it's a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where drivers have reduced physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at a price you can afford while still protecting your assets.
