Tightwads Guide to Saving on Bement Auto Insurance

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us, many Bement consumers feel financially strained by their auto insurance policy.

Because there are so many companies to choose from, it can be hard to locate the right car insurance company.

It's important to check auto insurance prices every six months since insurance rates are constantly changing. Just because you had the lowest price a few years ago you will most likely find a better rate today. Ignore everything you know about auto insurance because you're about to learn the proper way to find the best coverage while lowering your premiums.

This information will help educate you on the best way to quote coverages and some money-saving tips. If you currently have a car insurance policy, you should be able to cut costs considerably using these methods. But Illinois vehicle owners do need to know how companies sell insurance online because it can help you find the best coverage.

Take advantage of discounts

The price of auto insurance can be rather high, but there are discounts available that you may not even be aware of. Some trigger automatically when you complete an application, but less common discounts must be manually applied before they will apply.

  • Auto/Life Discount - Select insurance companies reward you with a break if you buy life insurance.
  • Homeowners Discount - Owning a house in Bement may earn you a small savings because owning a home shows financial diligence.
  • Early Signing - Select companies give a discount for signing up prior to your current policy expiring. This can save 10% or more.
  • Passive Restraints and Air Bags - Factory air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Federal Government Employee - Active or retired federal employment could cut as much as 10% off with select insurance companies.
  • Driver's Ed - Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Accident Free - Drivers with accident-free driving histories pay much less as compared to drivers who are more careless.
  • Drive Less and Save - Driving fewer miles could be rewarded with better rates on cars that stay parked.
  • Multi-car Discount - Insuring more than one vehicle on one policy qualifies for this discount.
  • Theft Prevention Discount - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.

Drivers should understand that many deductions do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, companies wouldn't make money that way. But all discounts will help reduce your overall premium however.

Illinois auto insurance quotes

Are auto insurance companies telling the truth?

Auto insurance companies such as GEICO, State Farm and Progressive constantly bombard you with ads on TV and radio. They all seem to make the same claim that you'll save big if you switch to them. But how can every company say the same thing? This is how they do it.

Insurance companies are able to cherry pick for the type of driver that earns them a profit. For instance, a desirable insured might be profiled as between 25 and 40, has no driving citations, and has a short commute. A propective insured who matches those parameters is entitled to the best price and most likely will save a lot of money.

Consumers who don't qualify for this ideal profile will have to pay higher rates which leads to business not being written. Company advertisements say "drivers who switch" not "people who quote" save money. That's the way companies can make the claims of big savings.

Because of the profiling, you should get as many comparisons as possible. It's not possible to predict which auto insurance company will fit your personal profile best.

Learn more about Illinois auto insurance

Much more information about auto insurance in Illinois is located on the website for the Illinois Department of Insurance. Click here for link. Illinois drivers can file complaints about an insurance agent or broker, report car insurance fraud, learn about specific coverages, and find out industry alerts.

Also read more on Auto Insurance 101 and this page where you can research Bement insurance agents.

Affordable insurance is out there

As you shop your coverage around, don't be tempted to buy lower coverage limits just to save a few bucks. In many instances, someone sacrificed liability coverage limits only to discover later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage for the lowest price.

Budget-conscious auto insurance is available on the web and with local Bement insurance agents, so you should compare both to get a complete price analysis. Some insurance providers do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

Throughout this article, we presented many ideas to reduce auto insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may even find the most savings is with a smaller regional carrier. Regional companies may only write in your state and offer lower rates than their larger competitors like .