Waukegan, IL Auto Insurance Buying Tips You Aren’t Supposed to Know

People who are new to buying insurance online might discover finding cheap Waukegan auto insurance very challenging.

It’s a good habit to shop coverage around occasionally since insurance rates change regularly. Just because you found the best rates last year you can probably find a better price now. Forget all the misinformation about auto insurance because you’re about to find out the best methods to buy cheaper auto insurance.

If you have a policy now or need a new policy, you will benefit by learning to reduce the price you pay and possibly find even better coverage. The purpose of this post is to tell you the most effective way to quote insurance and some tips to save money. Illinois consumers only need an understanding of how to get comparison quotes over the internet.

Comprehensive Waukegan Auto Insurance Comparison Quotes

All major auto insurance companies give prices for coverage on their websites. Getting quotes is fairly simple as you simply type in the coverages you want into a form. Once entered, the company’s rating system orders your driving record and credit report and returns pricing information determined by many factors.

Quoting online streamlines rate comparisons, but the time required to go to a lot of sites and type in the same information is repetitive and time-consuming. But it’s absolutely necessary to compare as many rates as possible if you are searching for lower prices.

An easier way to find cheaper rates makes use of a single form to obtain quotes from several different companies. It’s a real time-saver, eliminates repetitive work, and makes online quotes much more efficient. As soon as you send your information, it gets priced and you can choose any one of the price quotes you receive. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the policy. The entire process takes 15 minutes at the most and could lower your rates considerably.

To quickly use this form to compare rates, simply click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend you replicate deductibles and limits exactly as shown on your declarations page. This guarantees you will have a price comparison for exact coverage.

Verify you’re getting all your discounts

Car insurance companies don’t always publicize all their discounts very clearly, so we researched both the well known as well as the least known discounts you could be receiving. If you’re not getting every credit you deserve, you are paying more than you should be.

• Safe Driver Discount – Insureds without accidents may save up to 50% more than drivers with accident claims.
• New Vehicle Savings – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
• Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.
• Payment Method – By paying your policy upfront rather than paying monthly you can actually save on your bill.
• Multi-policy Discount – If you insure your home and vehicles with the same insurance company you will save approximately 10% to 15%.
• Memberships – Affiliation with a professional or civic organization is a good way to get lower rates on auto insurance.
• Paperwork-free – Certain companies give back up to $50 for buying your policy on their website.
• College Student – Children living away from home attending college and do not have a car may qualify for this discount.
• Accident Free – Drivers with accident-free driving histories pay less as compared to drivers who are more careless.
• Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.

A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most only apply to individual premiums such as comprehensive or collision. So when the math indicates you can get free auto insurance, it just doesn’t work that way.

To see a list of providers with the best auto insurance discounts in Illinois, click here.

Components of your insurance rates

Consumers need to have an understanding of the factors that come into play when calculating your auto insurance rates. Understanding what determines base rates enables informed choices that could result in better auto insurance rates.

The list below includes some of the factors auto insurance companies consider when setting premiums.

• Clean credit earns discounts – Credit score is a big factor in determining your rates. Consumers who have good credit tend to be less risk to insure as compared to drivers with lower credit scores. If your credit is low, you could pay less to insure your by repairing your credit.
• Adjust deductibles and save – The deductibles define the amount you are willing to pay in the event of a claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, protects your car from damage. Some instances where coverage would apply are running into the backend of another car, collision with an animal, and windstorm damage. The more expense you are required to pay out-of-pocket, the less your company will charge you for insurance.
• Tickets mean higher rates – Careful drivers receive lower rates compared to drivers with tickets. Just one speeding ticket can boost insurance rates twenty percent or more. Drivers who have flagrant citations such as reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
• Multiple policies with one company can save – Some insurers provide better rates to customers who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to compare other company rates to verify if the discount is saving money.
• Being married can save on auto insurance – Having a wife or husband actually saves money on your auto insurance policy. Marriage is viewed as being more mature and responsible and it’s statistically proven that being married results in fewer claims.

Even more information can be found at the Illinois Department of Insurance website. Visitors are able to read consumer alerts, download brochures, and discover disciplinary actions.

A tidy conclusion

The cheapest auto insurance can be sourced online as well as from independent agents in Waukegan, so you should be comparing quotes from both in order to have the best price selection to choose from. Some auto insurance companies don’t offer you the ability to get quotes online and these small, regional companies work with independent agents.

People who switch companies do it for many reasons like questionable increases in premium, unfair underwriting practices, policy non-renewal and even lack of trust in their agent. No matter why you want to switch, choosing a new company is less work than it seems.

As you prepare to switch companies, don’t be tempted to reduce coverage to reduce premium. There are many occasions where an insured dropped collision coverage and found out when filing a claim that the savings was not a smart move. Your goal should be to buy the best coverage you can find at the best price while still protecting your assets.