Easy Tips to Pay Less on Belmond Car Insurance

Cutting costs on Belmond car insurance is a challenge for consumers not familiar with comparing rates online. You have so many options that it can quickly become more work than you anticipated to compare prices in Belmond.

It's important to compare prices before your policy renews because rates are constantly changing. Just because you found the lowest price a few years ago you can probably find a better price now. Block out anything you think you know about car insurance because you're about to learn the quickest way to find better coverage at a better price.

Good Decisions Result in Lower Rates

Consumers need to have an understanding of the different types of things that play a part in calculating your car insurance rates. When you know what positively or negatively influences your rates enables informed choices that may reward you with lower car insurance prices.

Shown below are a partial list of the pieces car insurance companies consider when setting rates.

  • The more you drive the more you pay - The higher the mileage driven every year the more you will pay for car insurance. Most insurance companies rate vehicles based on their usage. Cars and trucks left parked in the garage receive lower rates compared to those used for work or business. Make sure your car insurance declarations sheet properly reflects the correct usage for each vehicle, because improper ratings can cost you money.
  • Do you work long hours in a high stress job? - Jobs such as judges, business owners and stock brokers tend to have the highest rates attributed to high stress and lengthy work days. On the other hand, occupations like farmers, students and retirees receive lower rates.
  • Bump up deductibles to save - Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some instances where coverage would apply are colliding with a building, damage caused by hail, or theft. Deductibles for physical damage are how much you are willing to pay out-of-pocket in the event of a claim. The more you are required to pay out-of-pocket, the less your company will charge you for insurance.
  • What type of vehicle do you drive? - The make and model of the car you own makes a big difference in determining your rates. The most favorable rates are usually for small economy passenger cars, but there are many factors that impact the final cost.
  • How's your driving record? - Your driving citation history has a big impact on rates. Careful drivers receive lower rates than their less careful counterparts. Even one speeding ticket can boost insurance rates by twenty percent. Drivers who have dangerous citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent a license revocation.
  • Pay less after the wedding - Having a wife or husband helps lower the price on your policy. It means you're more mature and it's statistically proven that drivers who are married are more cautious.
  • Choose a safe vehicle and save - Cars with high safety ratings can get you lower premiums. These vehicles reduce injuries and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates.
  • Consolidate policies to earn discounts - Some insurers will give a discount to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount, you may still want to comparison shop to ensure the best deal. Drivers may still find better rates by splitting coverages up.

Iowa car insurance quotes

How much can you save with discounts?

Companies that sell car insurance don't list all their discounts very well, so we researched some of the more common and the more hidden savings tricks you should be using.

  • New Car Discount - Insuring a new car can cost up to 25% less since new cars are generally safer.
  • No Accidents - Claim-free drivers pay much less as compared to accident-prone drivers.
  • Homeowners Pay Less - Owning a house in Belmond can help you save on car insurance because maintaining a house shows financial diligence.
  • Discount for Swiching Early - A few companies offer discounts for switching to them prior to your current policy expiration. The savings is around 10%.
  • Good Students Pay Less - This discount can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.

It's important to note that most discounts do not apply to the entire cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like you can get free auto insurance, you're out of luck.

To choose companies with discount car insurance rates in Iowa, click here to view.

Save 15 percent in 15 minutes? Is it for real?

Car insurance companies such as GEICO, State Farm and Progressive consistently run television and radio advertisements. They all seem to make an identical promise that you can save if you change to their company. But how can every company make the same claim?

All companies can use profiling for the driver that makes them money. For instance, a desirable insured could be between 25 and 40, is a homeowner, and drives less than 7,500 miles a year. A customer who meets those qualifications will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Consumers who don't meet this ideal profile will have to pay higher rates and ends up with business going elsewhere. The ad wording is "people who switch" but not "drivers who get quotes" save that much. That's why insurance companies can advertise the way they do. Because of the profiling, you should get quotes from several different companies. Because you never know the company that will provide you with the cheapest rates.

Additional detailed information is located at the Iowa Insurance Division website. Consumers can file complaints about an insurance agent or broker, read industry bulletins, and report car insurance fraud.

Other informative sites include Auto Insurance 101 and this page where you can research Belmond insurance agents.

Affordable insurance is out there

When shopping online for car insurance, don't be tempted to buy poor coverage just to save money. In many instances, an accident victim reduced liability coverage limits only to discover later that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to get the best coverage possible at an affordable rate.

People leave their current company for many reasons like delays in paying claims, high rates after DUI convictions, lack of trust in their agent or even high prices. It doesn't matter what your reason, finding the right car insurance provider is easier than you think.

Lower-priced car insurance can be sourced from both online companies and also from your neighborhood Belmond agents, so you should compare both to get a complete price analysis. Some car insurance companies may not provide online price quotes and most of the time these small, regional companies sell through independent agents.