5 Tricks Guaranteed to Save on Car Insurance Costs in Bourbon, IN
Finding lower rates for Bourbon car insurance is a challenge for beginners to shopping for insurance online. People have so many options available that it can be a big hassle to find the best price in Bourbon.
If you have car insurance now, you will be able to reduce your rates substantially using these techniques. Locating the cheapest car insurance coverage in Bourbon can be fairly easy. Nevertheless, Indiana car owners do need to know how big insurance companies market on the web.
Don't pay full price with these 5 discounts
Insuring your fleet can be pricey, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will automatically apply at the time of quoting, but some may not be applied and must be requested specifically before you will receive the discount.
- Drivers Ed for Students - Have your child successfully complete driver's ed class in high school.
- Seat Belt Usage - Buckling up and requiring all passengers to use a seat belt could cut 10% or more off the personal injury premium cost.
- Claim Free - Claim-free drivers pay less when compared to bad drivers.
- Lower Rates for Military - Being deployed with a military unit can result in better rates.
- Anti-theft Discount - Vehicles with anti-theft systems help deter theft and will save you 10% or more.
It's important to understand that some of the credits will not apply to the entire cost. The majority will only reduce individual premiums such as liability and collision coverage. So despite the fact that it appears it's possible to get free car insurance, it doesn't quite work that way. Any qualifying discounts will reduce your premiums.
To see a list of insurance companies with the best car insurance discounts in Bourbon, click here.
How to Compare Bourbon Car Insurance Rates
Shopping for lower car insurance rates can be exhausting if you aren't aware of the most efficient way. You can waste a lot of time talking about coverages with local insurance agents in Bourbon, or you could save time and use the internet to get rates in a matter of minutes.
Many insurance companies belong to a marketplace that enables customers to complete one form, and every company provides a quote. This prevents consumers from doing quote requests to each individual car insurance company.
To submit your quote information now, click to open in new window.
The one disadvantage to using this type of form is that consumers can't choose which carriers to get quotes from. So if you prefer to pick specific providers to request quotes from, we have a listing of car insurance companies in Indiana. View list of Indiana insurance companies.
However you get your quotes, ensure you're using exactly the same coverages with each company. If you are comparing different limits and deductibles on each one it will be impossible to make an equal comparison in Bourbon. Slightly different coverage limits can result in a big premium difference. And when price shopping your coverage, comparing a large number of companies will increase your chances of finding lower pricing.
The car insurance bait and switch
Car insurance providers like State Farm, Allstate and GEICO regularly use ads in print and on television. They all have a common claim of big savings if you move your coverage to them. How can each company make the same claim?
All companies can use profiling for the type of customer that is profitable for them. A good example of a driver they prefer could be between 30 and 50, is a homeowner, and has a high credit rating. Any new insured that hits that "sweet spot" gets the lowest rates and therefore will save when they switch companies.
Potential insureds who don't measure up to the requirements will be quoted more money and this can result in business going elsewhere. Company advertisements say "customers that switch" not "everyone that quotes" save that much money. That's why insurance companies can confidently state the savings.
This emphasizes why drivers must get as many quotes as possible. It's just too difficult to predict the company that will have the lowest rates.
Final considerations
Drivers who switch companies do it for a number of reasons such as extreme rates for teen drivers, being labeled a high risk driver, high rates after DUI convictions or unfair underwriting practices. Regardless of your reason, choosing a new insurance company is actually quite simple.
As you restructure your insurance plan, it's not a good idea to reduce coverage to reduce premium. There have been many situations where an accident victim reduced collision coverage and discovered at claim time that they should have had better coverage. The proper strategy is to buy the best coverage you can find at a price you can afford while still protecting your assets.
Low-cost car insurance is definitely available from both online companies as well as from independent agents in Bourbon, so compare prices from both to have the best chance of lowering rates. Some insurance companies don't offer the ability to get a quote online and these small insurance companies work with independent agents.
Additional car insurance information can be read on the Indiana Department of Insurance website located here. Consumers can download brochures, find a variety of consumer forms, and read industry bulletins.
