Tightwads Guide for Saving on Boxholm Car Insurance

Sick and tired of scraping the payment together each month for car insurance? You are in the same boat as many other Iowa drivers. Big companies like GEICO and Progressive constantly bombard you with ad campaigns and it is difficult to sift through the bull and do the work needed to find the best deal.

It's important to compare prices before your policy renews because rates are constantly changing. If you had the best price last year you can probably find a better price now. Ignore everything you know about car insurance because you're about to find out the fastest and easiest way to buy cheaper car insurance.

If you are insured now or need new coverage, you will benefit by learning to find the best rates and still get good coverage. Buying car insurance in Boxholm is quite easy. Iowa drivers only need an understanding of the most efficient way to get comparison rates online.

How to Lower your Car Insurance Rates

Consumers need to have an understanding of the factors that come into play when calculating your car insurance rates. Having a good understanding of what determines base rates empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

The list below includes a few of the "ingredients" used by your company to calculate rates.

Bump up deductibles to save - Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are running into the backend of another car, damage from fire, and windstorm damage. The deductibles are how much you are required to spend out-of-pocket before your car insurance pays a claim. The higher the amount you have to pay, the less your company will charge you for insurance.
Allowing your policy to lapse raises rates - Driving your car without having proper coverage is illegal and you will pay a penalty because you let your coverage have a gap. Not only will you pay more, but being ticketed for driving with no insurance may earn you a license revocation or jail time.
Claim-free discounts can add up - If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Car insurance companies in Iowa generally give cheaper rates to policyholders who do not file claims often. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.
How's your driving record? - Your driving citation history has a huge affect on how much you pay. Drivers who don't get tickets tend to pay less for car insurance than people who have multiple driving citations. Even a single citation can bump up the cost by twenty percent. Drivers who have severe citations like DUI or reckless driving may need to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.
Higher safety ratings means cheaper insurance - Vehicles with high crash test scores get lower rates. These vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders.
Rates may be higher depending on your occupation - Jobs such as lawyers, social workers and dentists have the highest average rates in part from job stress and long work days. Other professions such as farmers, historians and the unemployed get better rates.
Multiple policies with one company can save - The majority of insurance companies will give a discount to policyholders who carry more than one policy such as combining an auto and homeowners policy. This can amount to 10 percent or more. If you currently are using one company, it's in your best interest to comparison shop to verify if the discount is saving money. Consumers may find better rates by buying car insurance from a different company.
Men fork out a little more - The statistics show women are more cautious behind the wheel. However, don't assume that women are BETTER drivers than men. Both sexes tend to get into accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also get more serious tickets such as reckless driving.

Save big with these discounts

Companies that sell car insurance don't list all their discounts in a way that's easy to find, so we took the time to find some of the more common and the harder-to-find discounts you could be receiving. If you aren't receiving every discount available, you are paying more than you should be.

Homeowners Pay Less - Owning a house in Boxholm can save you money because of the fact that having a home is proof that your finances are in order.
Seat Belt Usage - Buckling up and requiring all passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.
Employee of Federal Government - Employees or retirees of the government could cut as much as 10% off with select insurance companies.
Passive Restraints and Air Bags - Factory air bags can qualify for discounts of up to 25% or more.
Lower Rates for Military - Being deployed with a military unit can result in better rates.
Claim Free - Claim-free drivers can save substantially as compared to accident-prone drivers.
More Vehicles More Savings - Insuring multiple cars or trucks with the same company qualifies for this discount.

It's important to understand that some of the credits will not apply to the entire cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, it doesn't quite work that way.

To choose companies with the best car insurance discounts in Boxholm, click here.

Car insurance ads bend the truth

Consumers can't ignore all the ads for the lowest price auto insurance from the likes of State Farm, GEICO and Progressive. They all seem to have a common claim of big savings if you move your coverage to them.

How can each company make the same claim? This is how they do it.

Insurance companies can use profiling for the type of customer that makes them money. For example, a desirable insured could be between the ages of 30 and 50, is a homeowner, and drives newer vehicles. A customer that hits that "sweet spot" is entitled to the best price and most likely will save when they switch companies.

Potential customers who fall outside the requirements will have to pay a higher premium and this can result in business going elsewhere. The ads state "drivers who switch" not "people who quote" save that much money. That's why insurance companies can confidently claim big savings. Because of the profiling, you should get quotes from several different companies. Because you never know the company that will give you the biggest savings.

Learn more today

More tips and info about car insurance can be found at the Iowa Insurance Division website. Consumers can report car insurance fraud, find a variety of consumer forms, download brochures, and file complaints about a company.

In the end, you save

Low-cost car insurance is definitely available from both online companies as well as from independent agents in Boxholm, and you should compare price quotes from both to have the best rate selection. A few companies don't offer online price quotes and most of the time these regional insurance providers sell through independent agents.

We just showed you a lot of techniques to save on car insurance. The key concept to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest rates come from a lesser-known regional company. Some small companies can often provide lower rates in certain areas than their larger competitors like .