How to Know You're Throwing Money Away for Car Insurance in Champions Gate

Are you sick and tired of paying out the nose each month for car insurance? Your situation is no different than many other Florida drivers.

Drivers have so many to pick from, and though it is a good thing to have multiple companies, too many choices makes it more difficult to compare rates.

It's important to compare prices once or twice a year due to the fact that insurance rates are constantly changing. Just because you found the best rates a few years ago you will most likely find a better rate today. Don't believe everything you read about car insurance online but we're going to give you some great ways to put money back in your pocket.

Be sure to get all your discounts

Companies that sell car insurance don't always list every available discount very clearly, so the following is a list of both the well known and also the lesser-known car insurance savings.

Passive Restraints - Vehicles with factory air bags may earn rate discounts of 20% or more.
Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
Multiple Cars - Buying insurance for all your vehicles on one policy can get a discount on all vehicles.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
Senior Citizens - If you qualify as a senior citizen, you may receive a small decrease in premiums.
Clubs and Organizations - Being a member of a qualifying organization could qualify you for a break on your policy.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Most only apply to specific coverage prices like medical payments or collision. Just because it seems like you can get free auto insurance, car insurance companies aren't that generous.

Is there truth in advertising?

Companies like State Farm and Allstate consistently run television and radio advertisements. All the ads say the same thing about savings if you change your coverage to them. How does each company claim to save you money? It's all in the numbers.

All companies can use profiling for the type of customer that earns them a profit. A good example of a preferred risk might be over the age of 50, has no tickets, and drives less than 7,500 miles a year. Any driver who fits that profile is entitled to the best price and is almost guaranteed to save when switching.

Consumers who don't measure up to these standards will be charged higher rates which usually ends up with the customer not buying. Company advertisements say "customers who switch" but not "drivers who get quotes" save that much money. That's why companies can truthfully advertise the way they do. That is why you should get quotes from several different companies. You cannot predict the company that will provide you with the cheapest rates.

Even more information can be read at the Florida Office of Insurance Regulation website. Visitors are able to find out industry alerts, view a list of available companies, report car insurance fraud, and view agent and company licensing information.

Also read more on NAIC.org's Understanding your Policy and this directory of Champions Gate insurance agents.

Affordable insurance is out there

We just presented many ways to reduce car insurance prices online. It's most important to understand that the more you quote, the more likely it is that you will get a better rate. Consumers could even find that the biggest savings come from some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments compared to the large companies like .

Cheap car insurance can be sourced both online as well as from independent agents in Champions Gate, and you should be comparing both to get a complete price analysis. Some car insurance companies don't offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.