7 Money Saving Ideas Shown to Lower Car Insurance Costs in Chariton, IA

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us, many consumers are feeling buyer's remorse and feel like there's no way out.

Consumers have many to buy insurance from, and although it's a good thing to have multiple companies, it can be more difficult to compare rates.

More discounts equal less premium

Insurance can cost an arm and a leg, but there could be available discounts that can drop the cost substantially. Some trigger automatically at quote time, but lesser-known reductions have to be asked for in order for you to get them.

Clubs and Organizations - Being a member of a qualifying organization may earn a discount when buying car insurance.
Service Members Pay Less - Being deployed with a military unit can result in better rates.
No Accidents - Drivers with accident-free driving histories can save substantially when compared with drivers who are more careless.
No Charge for an Accident - Certain companies permit an accident before your rates go up so long as you haven't had any claims for a certain period of time.
Life Insurance Discount - Some companies give a discount if you purchase life insurance from them.
Fewer Miles Equal More Savings - Keeping the miles down can earn a substantially lower rate.
Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education in high school.

Keep in mind that some of the credits will not apply the the whole policy. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, it just doesn't work that way. But any discount will bring down your premiums.

Switch companies and save? Really?

Allstate, GEICO and Progressive regularly use ads in print and on television. All the companies have a common claim that you can save if you move to their company. How does each company claim to save you money?

Different companies are able to cherry pick for the driver that earns them a profit. For example, a profitable customer might be between 25 and 40, has no tickets, and has great credit. Any new insured that hits that "sweet spot" gets the lowest rates and therefore will save when switching.

Potential insureds who do not match these standards must pay more money and this can result in the customer not buying. Company advertisements say "people who switch" not "everyone that quotes" save that much. That's the way insurance companies can advertise the savings.

This illustrates why you should get a wide range of price quotes. It's just too difficult to predict which car insurance company will give you the biggest savings.

More information can be found on the website for the Iowa Insurance Division through this link. Visitors are able to find out which companies have the most complaints, find disaster information, read industry bulletins, and get help finding coverage.

Do the work, save more money

Affordable car insurance is definitely available both online and also from your neighborhood Chariton agents, so you should compare both in order to have the best chance of saving money. There are still a few companies who may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

As you prepare to switch companies, never buy lower coverage limits just to save a few bucks. In too many instances, an insured dropped uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. Your focus should be to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.