Car Insurance in Clay City Indiana - 10 Tricks to Save Money

Tired of not being able to afford each month for car insurance? Your situation is no different than many other Indiana consumers.

You have so many to buy insurance from, and even though it's nice to have a selection, lots of choices makes it harder to compare rates.

Buying car insurance in Clay City is easy if you know what you're doing. Basically, every vehicle owner who is required by state law to have car insurance will be able to reduce their rates. But Indiana car owners do need to know how the larger insurance companies price insurance differently and use this information to your advantage.

Save big with these ten discounts

Companies that sell car insurance don't always advertise every discount very clearly, so we break down some of the more common as well as the least known car insurance savings.

Claim Free - Claim-free drivers can save substantially when compared to bad drivers.
Payment Method - If you pay your bill all at once instead of paying each month you could save up to 5%.
Discount for Life Insurance - Select insurance companies reward you with a discount if you purchase life insurance from them.
One Accident Forgiven - Certain companies will forgive one accident before raising your premiums if your claims history is clear for a certain period of time.
Anti-theft System - Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
Low Mileage Discounts - Fewer annual miles can earn lower rates on the low mileage vehicles.
Homeowners Pay Less - Simply owning a home may trigger a car insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
New Car Discount - Adding a new car to your policy can be considerably cheaper compared to insuring an older model.
Anti-lock Brake Discount - Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
Good Students Pay Less - A discount for being a good student can save 20 to 25%. This discount can apply well after school through age 25.

Drivers should understand that most credits do not apply to the entire cost. Most cut individual premiums such as comp or med pay. So even though they make it sound like you would end up receiving a 100% discount, companies wouldn't make money that way.

To see a list of insurance companies who offer car insurance discounts in Indiana, follow this link.

How to Compare Car Insurance Costs in Clay City

There are several ways to compare rate quotes and find the best price. The best method to find the cheapest insurance rates is simply to get online rate quotes. This can be done in several different ways.

The best way to find low rates is to use a rate comparison form click to view form in new window. This method keeps you from doing separate forms for each company. Taking the time to complete one form gets rate comparisons from several companies.
A different way to get quotes online is spending the time to visit the website of each company and fill out their own quote form. For example, let's assume you want rates from , and . You would have to visit each site and enter your policy data, which is why the first method is more popular.

To view a list of companies in Clay City, click here.
The least efficient way to get comparison rates is to spend your day driving to different Clay City agent offices. Shopping for car insurance online has reduced the need for local agents unless you require the personal advice of a licensed agent. You can, however, obtain prices from the web and still use a local agent and we'll cover that in a bit.

It doesn't matter which method you choose, just double check that you are using identical information for each comparison quote. If you compare higher or lower deductibles it's impossible to determine the lowest rate in Clay City. Just a small difference in insurance coverages may result in large price differences. It's important to know that comparing more company's prices helps locate the best price.

Car insurance ads bend the truth

Car insurance providers like Progressive, Allstate and GEICO continually stream ads on TV and radio. They all say the same thing that you'll save big after switching your coverage to them. How does each company make the same claim?

Different companies can use profiling for the type of customer that is profitable for them. For example, a driver they prefer could be between the ages of 40 and 55, has no tickets, and has great credit. Any new insured who fits that profile gets the lowest rates and most likely will save when switching.

Consumers who fall outside these standards will be quoted higher prices which usually ends up with business going elsewhere. The ads say "customers that switch" not "people who quote" save that much money. That's why companies can advertise the savings. This emphasizes why drivers must get quotes from several different companies. It's just too difficult to predict the company that will give you the biggest savings.

Final considerations

As you prepare to switch companies, never reduce coverage to reduce premium. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. Your strategy should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

Budget-conscious car insurance can be purchased from both online companies as well as from independent agents in Clay City, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who don't offer the ability to get a quote online and these regional insurance providers work with independent agents.

More detailed Indiana car insurance information can be found at the Indiana Department of Insurance website. Consumers can read industry bulletins, view a list of available companies, file complaints about an insurance agent or broker, and learn about insurance regulations.