Easy Ways to Save Money on El Segundo Car Insurance

Are you intimidated by the dozens of car insurance companies in El Segundo? You have a lot of company. People have so many choices that it can turn into a big hassle to find the perfect company for you.

More discounts equal less premium

Insurance can be prohibitively expensive, but discounts can save money and there are some available that you may not even be aware of. Larger premium reductions will be automatically applied when you quote, but less common discounts must be asked for before you get the savings. If they aren't giving you every credit possible, you are throwing money away.

  • Fewer Miles Equal More Savings - Driving fewer miles could be rewarded with better rates on cars that stay parked.
  • Homeowners Discount - Owning a home in El Segundo may earn you a small savings because owning a home shows financial diligence.
  • Discount for Good Grades - Performing well in school can save 20 to 25%. Earning this discount can benefit you until age 25.
  • Multi-car Discount - Having more than one vehicle on one policy can get a discount on all vehicles.
  • Passive Restraints - Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Lower Rates for Military - Having a family member in the military could mean lower rates.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. Some only reduce specific coverage prices like liability and collision coverage. So even though they make it sound like you could get a free car insurance policy, you won't be that lucky. Any amount of discount will cut your premiums.

car insurance in El Segundo

Switch companies and save? Really?

Consumers get pounded daily by advertisements that promise big savings from the likes of 21st Century, Allstate and State Farm. All the companies make the same claim about savings if you switch your coverage to them.

How do they all make the same claim? It's all in the numbers.

Different companies are able to cherry pick for the type of customer that earns them a profit. For instance, a profitable customer could be a mature driver, has no driving citations, and drives newer vehicles. A customer who matches those parameters will get very good rates and therefore will cut their rates substantially.

Drivers who do not match the "perfect" profile must pay a higher premium which leads to business going elsewhere. The ads say "customers who switch" not "everyone that quotes" save that much money. That's the way companies can truthfully claim big savings.

This illustrates why you should get quotes from several different companies. Because you never know which car insurance company will give you the biggest savings.

Additional information is located on the California Department of Insurance website found here. Consumers can find disaster information, report car insurance fraud, and file complaints about a company.

A tidy conclusion

Cheaper car insurance is available from both online companies as well as from independent agents in El Segundo, and you need to price shop both to have the best selection. A few companies don't offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

We just showed you many ideas to reduce car insurance prices online. The key thing to remember is the more companies you get rates for, the better chance you'll have of finding lower rates. Consumers could even find that the best price on car insurance is with a small mutual company.

When trying to cut insurance costs, never buy lower coverage limits just to save a few bucks. There are a lot of situations where someone sacrificed liability coverage limits only to discover later that it was a big mistake. The proper strategy is to find the BEST coverage at the best price while not skimping on critical coverages.