How to Know You're Spending Too Much for Auto Insurance in Camp Point

Paying for high-priced auto insurance can dwindle your savings account and force you to make sacrifices. Comparison shopping is free, only takes a few minutes, and is a good way to lower your monthly bill. With consumers having so many choices of insurance companies, it can be diffult for consumers to pick the lowest price insurer.

It's important to compare prices quite often since insurance rates are constantly changing. Even if you think you had the best rates two years ago the chances are good that you can find a lower rate today. There is a lot of wrong information about auto insurance online but we're going to give you some great ways to save money.

These discounts can lower your rates

Companies that sell car insurance don't necessarily list every available discount very well, so the following is a list of some of the best known and also the lesser-known savings tricks you should be using. If you don't get every credit you deserve, you're paying more than you need to.

Anti-lock Brake System - Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
Senior Discount - Mature drivers may receive a small decrease in premiums.
Safety Course Discount - Taking part in a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
Passive Restraints - Vehicles with factory air bags or automatic seat belts can receive discounts of 20% or more.
Pay Now and Pay Less - If you pay your entire premium ahead of time instead of paying each month you could save up to 5%.
Multiple Cars - Buying coverage for all your vehicles on the same auto insurance policy can get a discount on all vehicles.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. The majority will only reduce specific coverage prices like comprehensive or collision. Just because you may think all those discounts means the company will pay you, you won't be that lucky.

To see a list of providers with discount auto insurance rates in Illinois, click here to view.

Free Camp Point Auto Insurance Quotes

Most companies provide price estimates on the web. Getting online quotes is quite simple as you simply enter your coverage information as detailed in the form. Once you submit the form, their system will obtain information on your driving record and credit history and provides a quote. This streamlines rate comparisons, but the work required to visit multiple sites and complete many quote forms is monotonous and tiresome. But it's very important to do this if you want to find better auto insurance pricing.

The preferred way to locate the lowest prices requires only one form to return rates from several companies at one time. The form is fast, requires much less work on your part, and makes rate comparisons much easier. As soon as the form is sent, it gets priced with multiple companies and you can pick any or none of the price quotes you receive. If you find a better price you can simply submit the application and buy the policy. The whole process can be completed in less than 10 minutes and you will find out if you're overpaying now.

To quickly find out what other companies charge, click here to open in new window and enter your information. If you have your current policy handy, we recommend you complete the form with the insurance coverages as close as possible to your current policy. This makes sure you will have a rate comparison based on the exact same insurance coverage.

How to Lower your Auto Insurance Rates

An important part of buying insurance is that you know the different types of things that play a part in calculating auto insurance rates. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that can help you get big savings.

Shown below are some of the items used by your company to calculate your rates.

Multi-policy discounts can save money - Some insurers give discounts to people who consolidate policies with them, otherwise known as a multi-policy discount. Even if you're getting this discount it's still a good idea to compare rates to verify if the discount is saving money.
Men are more aggressive - Statistics have proven women tend to be less risk to insure than men. Now that doesn't mean women are BETTER drivers than men. They both are in accidents at a similar rate, but men tend to have more serious accidents. Men also receive more costly citations like reckless driving and DUI.
Don't get talked into coverage you don't need - There are quite a few add-on coverages you can purchase if you aren't careful. Things like rental car reimbursement, better glass coverage and additional equipment coverage may be costing you every month. These may sound like a good investment initially, but now you might not need them so remove them from your policy.
Do you know you're credit rating? - Your credit score is a big factor in determining what you pay for auto insurance. People with high credit ratings tend to be more responsible as compared to drivers with lower credit ratings. If your credit is low, you could pay less to insure your by improving your rating.
Lower rates with optional equipment - Purchasing a vehicle with a theft deterrent system can help lower your rates. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all aid in stopping car theft.

Different people need different coverages

When choosing coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different so your insurance should reflect that For instance, these questions may help you determine whether you could use an agent's help.

Do I need PIP (personal injury protection) coverage in Illinois?
Should I buy additional glass protection?
Should I have combined single limit or split liability limits?
Should I drop comprehensive coverage on older vehicles?
Do I have any recourse if my insurance company denies a claim?
Am I covered when driving on a suspended license?
Who is covered when they drive my vehicle?
What can I do if my company won't pay a claim?

If you're not sure about those questions then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It only takes a few minutes and you can get the answers you need.

Are you falling for claims of savings?

Illinois drivers can't get away from ads for car insurance savings from the likes of Allstate and Progressive. All the ads make an identical promise about savings if you change your coverage to them.

But how can every company say the same thing? It's all in the numbers.

All the different companies have a preferred profile for the type of customer that is profitable for them. A good example of a preferred risk might be profiled as over the age of 40, insures multiple vehicles, and chooses high deductibles. A propective insured who meets those qualifications gets the lowest rates and as a result will probably save a lot of money.

Potential insureds who are not a match for this ideal profile will be charged more money and ends up with business not being written. Company advertisements say "customers who switch" not "everybody who quotes" save that much money. This is how companies can truthfully state the savings. That is why drivers must get quotes from several different companies. It's not possible to predict which insurance companies will give you the biggest savings.

And the best car insurance company is...

When buying insurance coverage, don't be tempted to reduce coverage to reduce premium. Too many times, drivers have reduced full coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The aim is to buy the best coverage you can find at the best price, not the least amount of coverage.

Cheaper auto insurance is attainable on the web as well as from independent agents in Camp Point, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies don't offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

More sites with auto insurance information

Even more information can be read at the Illinois Department of Insurance website. Illinois drivers can read consumer alerts, learn about insurance regulations, discover disciplinary actions, and find out industry alerts.

Additional helpful sites include BankRate.com's Car Insurance: When not to Skimp and this directory of Camp Point insurance agents.