Tightwads Guide to Saving on Aledo Auto Insurance

Having to pay for overpriced auto insurance can empty your savings account and make it impossible to make ends meet. Comparing price quotes is free, only takes a few minutes, and is a good way to tighten up your finances. Because you have many auto insurance companies to choose from, it can be challenging to locate the most affordable insurance company.

Locating the cheapest protection in Aledo can be fairly easy. If you have a current auto insurance policy or need new coverage, you can learn to find better prices and possibly find even better coverage. Texas drivers only need an understanding of the proper methods to compare company rates over the internet.

Be sure to get all your discounts

Insuring your fleet can be pricey, but there could be available discounts to reduce the price significantly. A few discounts will automatically apply at the time you complete a quote, but some may not be applied and must be asked for prior to getting the savings. If you don't get every credit you deserve, you are throwing money away.

Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
Distant Student - Kids in college living away from home attending college and do not have access to a covered vehicle can receive lower rates.
Multiple Policy Discount - If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
Passive Restraint Discount - Cars that have air bags or automatic seat belts can receive discounts of up to 25% or more.
Driver Safety - Completing a course in driver safety could cut 5% off your bill if you qualify.
Life Insurance - Larger companies have a break if you buy a life insurance policy as well.
Save over 55 - If you qualify as a senior citizen, you may be able to get better auto insurance rates.
Service Members Pay Less - Being on active duty in the military may qualify for rate reductions.

Consumers should know that most discount credits are not given to the overall cost of the policy. Most cut individual premiums such as liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will help reduce the amount you have to pay.

You have some control over your rates

Smart consumers have a good feel for the different types of things that help determine the price you pay for auto insurance. When you know what positively or negatively determines base rates enables informed choices that will entitle you to lower auto insurance prices.

Equipment add-ons that lower auto insurance rates - Purchasing a vehicle with an alarm system can help lower your rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.
Older drivers pay less - Teen drivers in Texas are known to be careless and easily distracted when driving so auto insurance rates are higher. Parents adding a teenage driver to your auto insurance policy can break the bank. More mature drivers are more cautious drivers, tend to file fewer claims and are safer drivers.
Where you live is a factor - Residing in a rural area can save you money when insuring your vehicles. Drivers who live in large cities tend to have traffic congestion and much longer commute distances. Less people living in that area translates into fewer accidents and a lower car theft rate.
Traffic violations increase rates - Even one ticket can boost insurance rates by twenty percent. Careful drivers have lower premiums compared to drivers with tickets. If you have flagrant violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
Do you need the policy add-ons? - There are a ton of add-on coverages that can waste your money on your auto insurance policy. Things like vanishing deductibles, accident forgiveness and term life insurance may be costing you every month. They may seem good when you first buy your policy, but if they're wasting money remove them from your policy.

How do I know if I need professional advice?

When it comes to buying coverage for your personal vehicles, there really is no one size fits all plan. Everyone's situation is a little different so your insurance should reflect that For example, these questions may help you determine whether or not you might need professional guidance.

What can I do if my company won't pay a claim?
Do I pay less if my vehicle is kept in my garage?
What are the best liability limits?
Can I rate high risk drivers on liability-only vehicles?
Should I rate my vehicle as pleasure use or commute?
When does my teenage driver need to be added to my policy?
Should I buy additional glass protection?
Am I covered when delivering products for my home-based business?

If you're not sure about those questions then you might want to talk to a licensed insurance agent. If you don't have a local agent, simply complete this short form or you can also visit this page to select a carrier It's fast, doesn't cost anything and can help protect your family.

Is there truth in advertising?

Texas consumers get pounded daily by advertisements for car insurance savings by State Farm, Allstate and GEICO. They all make an identical promise of big savings after switching to their company.

But how can every company make almost identical claims?

All companies have a preferred profile for the driver that earns them a profit. A good example of a driver they prefer could possibly be between 30 and 50, insures multiple vehicles, and has great credit. A driver who meets those qualifications gets the lowest rates and is almost guaranteed to save a lot of money.

Potential customers who don't measure up to this ideal profile will be quoted a more expensive rate and ends up with the driver buying from a lower-cost company. The ads say "customers that switch" but not "drivers who get quotes" save that much. This is how insurance companies can confidently advertise the savings.

This emphasizes why drivers should get quotes from several different companies. It is impossible to predict which insurance companies will give you the biggest savings.

More sites with auto insurance information

Additional auto insurance information can be read on the website for the Texas Department of Insurance located here. Texas consumers can view a list of available companies, read enforcement actions against agents and companies, view agent and company licensing information, and file complaints about a company.

Also read more on this page for auto insurance prices in Texas and this list of insurance agents in Aledo, TX.

A tidy conclusion

As you prepare to switch companies, don't be tempted to skimp on coverage in order to save money. There have been many situations where drivers have reduced collision coverage and discovered at claim time that the small savings ended up costing them much more. The proper strategy is to purchase plenty of coverage at a price you can afford while still protecting your assets.

In this article, we presented some good ideas how you can reduce auto insurance prices online. The most important thing to understand is the more providers you compare, the better likelihood of reducing your rate. You may be surprised to find that the best prices are with some of the lesser-known companies. Regional companies may often insure only within specific states and give getter rates compared to the large companies like .