Tightwads Instructions on Saving on Beech Grove Auto Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me when I say there are lots of people in the same boat.

Lots of contend to insure your vehicles, so it can be very hard to choose a and get the definite lowest rate

It's important to do rate comparisons at least once a year because insurance rates are constantly changing. Just because you found the best price a few years ago you can probably find a better price now. Ignore everything you know about auto insurance because I'm going to let you in on the secrets to the quickest way to get good coverage at a lower rate.

Why some people pay less for insurance in Beech Grove

Consumers need to have an understanding of the different types of things that play a part in calculating the price you pay for auto insurance. Understanding what influences your rates allows you to make educated decisions that may reward you with big savings.

Pleasure use saves money - The higher the mileage driven in a year the more you will pay for auto insurance. Most companies apply a rate based on their usage. Cars and trucks not used for work or commuting qualify for better rates than those used for commuting. Ask your agent if your auto insurance declarations sheet is showing the correct usage for each vehicle.
Drive a safer car and pay less - Vehicles with good safety scores can get you lower premiums. These vehicles result in less severe injuries and lower injury rates means lower claim amounts and lower rates for you.
Liability insurance protects assets - Your policy's liability coverage provides coverage if ever a court rules you are at fault for damages from an accident. It will provide for a legal defense which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
Policy add-ons can waste money - There are quite a few extra coverages that you can buy on your auto insurance policy. Coverages like roadside assistance, towing coverage and motor club memberships may be costing you every month. These coverages may sound good when you first buy your policy, but if you don't need them get rid of them and save.
Males pay more for insurance - Statistics demonstrate that men are more aggressive behind the wheel. Now that doesn't mean women are better drivers. They both tend to get into accidents in similar percentages, but the males tend to have more serious accidents. They also receive more costly citations such as DWI and reckless driving.
More claims means more premium - Car insurance companies in Indiana award better rates to drivers who file claims infrequently. If you tend to file frequent claims, you can expect either policy cancellation or increased premiums. Insurance coverage is designed for the large, substantial claims.
Do you work long hours in a high stress job? - Jobs such as lawyers, business owners and accountants tend to pay higher rates than average because of high stress and lots of time spent at work. On the flip side, professions such as actors, athletes and retirees have the lowest average rates.

Save big with these discounts

Companies offering auto insurance do not advertise all their discounts in an easy-to-find place, so we took the time to find both well-publicized as well as the least known savings tricks you should be using.

Life Insurance - Some companies give lower rates if you buy auto and life insurance together.
Drive Less and Save - Low mileage vehicles can earn discounted rates on garaged vehicles.
Organization Discounts - Participating in certain professional organizations is a good way to get lower rates on auto insurance.
Safety Course Discount - Taking part in a course in driver safety could possibly earn you a 5% discount if your company offers it.
No Charge for an Accident - A few companies will forgive one accident before hitting you with a surcharge as long as you don't have any claims for a particular time prior to the accident.

It's important to note that most discount credits are not given the the whole policy. Most only reduce individual premiums such as collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, you're out of luck.

To choose companies with discount auto insurance rates in Beech Grove, click here to view.

Auto insurance ads bend the truth

Auto insurance companies such as GEICO, State Farm and Progressive consistently run ads on TV and radio. They all seem to make an identical promise that you can save if you change to them. How do they all make almost identical claims?

All the different companies are able to cherry pick for the type of driver that makes them money. For example, a desirable insured could possibly be between the ages of 40 and 55, has no tickets, and has a short commute. A driver who meets those qualifications will get the preferred rates and most likely will cut their rates substantially.

Consumers who fall outside the "perfect" profile will have to pay higher prices and ends up with the driver buying from a lower-cost company. The ads state "customers that switch" not "people who quote" save money. That's the way insurance companies can make the claims of big savings. Because of the profiling, you should get as many quotes as possible. It is impossible to predict which auto insurance company will fit your personal profile best.

Find out more about auto insurance

Additional detailed information can be found at the Indiana Department of Insurance website. Indiana consumers can file complaints about an insurance agent or broker, find disaster information, find out which companies have the most complaints, and discover disciplinary actions.

The best insurance company isn't always the cheapest

As you shop your coverage around, you should never buy poor coverage just to save money. In many instances, an insured dropped physical damage coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to get the best coverage possible at a price you can afford.

Lower-priced auto insurance can be sourced online and with local Beech Grove insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance providers do not offer online price quotes and most of the time these regional insurance providers sell through independent agents.