How to Find Cheaper Collinsville Auto Insurance
Searching for the cheapest Collinsville auto insurance online can be rather challenging for consumers new to online price comaprisons. Because there are so many online companies available, how can consumers have a chance to compare the different rates to find the lowest price available?
It's important to compare prices on a regular basis since insurance rates are constantly changing. If you had the best price a few years ago you will most likely find a better rate today. Ignore everything you know about auto insurance because I'm going to let you in on the secrets to the fastest and easiest way to find the best coverage while lowering your premiums.
These discounts can lower your rates
Insuring your vehicles can cost a lot, but discounts can save money and there are some available that can drop the cost substantially. Larger premium reductions will be automatically applied at the time of purchase, but less common discounts must be manually applied prior to receiving the credit.
- Sign Online - Some insurance companies give back up to $50 just for signing your application on their website.
- Own a Home - Owning a house in Collinsville can save you money because of the fact that having a home is proof that your finances are in order.
- Claim Free - Drivers who don't have accidents can save substantially as compared to drivers who are more careless.
- Clubs and Organizations - Affiliation with certain professional organizations may earn a discount on auto insurance.
- Pay Upfront and Save - By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
Keep in mind that some credits don't apply to all coverage premiums. Most cut the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you could get a free auto insurance policy, it just doesn't work that way. But any discount will cut the cost of coverage.
Are you falling for claims of savings?
Auto insurance companies such as State Farm, GEICO and Progressive regularly use ads on television and other media. They all seem to have a common claim that you can save if you move your coverage to them. How do they all say the same thing? This is how they do it.
Different companies have a preferred profile for the type of customer that earns them a profit. For example, a desirable insured might be profiled as a mature driver, insures multiple vehicles, and drives less than 7,500 miles a year. A propective insured that hits that "sweet spot" gets the lowest rates and as a result will probably cut their rates substantially.
Potential customers who are not a match for the "perfect" profile will have to pay higher prices and this can result in business not being written. The ads say "drivers who switch" not "everybody who quotes" save that much money. This is how insurance companies can advertise the way they do.
Because of the profiling, you should get a wide range of price quotes. It's not possible to predict which insurance companies will provide you with the cheapest rates.
More information can be found on the Illinois Department of Insurance website. Click here for link. Illinois drivers can get help finding coverage, report car insurance fraud, and read industry bulletins.
Affordable insurance is out there
Affordable auto insurance is definitely available on the web as well as from independent agents in Collinsville, and you need to price shop both so you have a total pricing picture. Some auto insurance companies don't offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
Drivers who switch companies do it for any number of reasons including an unsatisfactory settlement offer, high rates after DUI convictions, extreme rates for teen drivers and even questionable increases in premium. Regardless of your reason for switching companies, switching auto insurance companies is less work than it seems.
When shopping online for auto insurance, never buy lower coverage limits just to save a few bucks. In many cases, drivers have reduced physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your aim should be to purchase plenty of coverage for the lowest price.
