Top 7 Ways to Save on Car Insurance in Fairmount, IN

Tired of scraping the payment together each month for car insurance? You are in the same boat as many other Indiana drivers. Insurance companies such as GEICO and Progressive persitently shower you with ads and it is challenging if not impossible to sift through the bull and effectively compare rates to find the best deal.

Comparison of Car Insurance in Fairmount

All major car insurance companies provide price estimates online. Getting quotes is quite simple as you just enter as detailed in the form. After the form is submitted, their rating system will obtain reports for credit and driving violations and generates a price. Online quotes streamlines rate comparisons, but the time required to go to many different websites and fill out multiple forms is not the best way to spend an afternoon. But it's very important to perform this step if you want to find the best price on car insurance.

The preferred way to lower your car insurance bill is to use a quote form to get prices from a bunch of companies at once. The form is fast, helps eliminate reptitive entry, and makes online shopping much simpler. After your information is entered, it gets priced with multiple companies and you can pick your choice of the resulting price quotes. If a lower price is quoted, you can simply submit the application and purchase the new policy. The whole process only takes a few minutes and you will find out if you're overpaying now.

To find out if lower rates are available, click here to open in new window and submit the form. If you have a policy now, it's recommended you enter the coverage information as close as possible to your current policy. This makes sure you will be getting a fair comparison for the exact same coverage.

Are you getting all your discounts?

Companies offering auto insurance do not list all available discounts in a way that's easy to find, so here is a list some of the more common as well as the least known ways to save on car insurance. If you aren't receiving every discount available, you are paying more than you should be.

  • Organization Discounts - Belonging to a civic or occupational organization could trigger savings when buying car insurance.
  • Claim Free - Claim-free drivers can earn big discounts when compared with accident-prone drivers.
  • Lower Rates for Military - Having a family member in the military could be rewarded with lower premiums.
  • Employee of Federal Government - Employees or retirees of the government can save as much as 8% depending on your company.
  • Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Homeowners Pay Less - Owning a home in Fairmount may earn you a small savings because maintaining a house requires personal responsibility.
  • Good Students Pay Less - This discount can get you a discount of up to 25%. The discount lasts up until you turn 25.

A little note about advertised discounts, most discount credits are not given to the entire cost. A few only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like it's possible to get free car insurance, you won't be that lucky.

To choose insurers with discount car insurance rates in Fairmount, click this link.

How can Allstate, GEICO and Progressive save drivers who switch?

Consumers can't ignore all the ads for the lowest price auto insurance from the likes of Allstate, GEICO and Progressive. All the companies make the same claim about savings if you change your coverage to them.

How can each company make the same claim?

All companies can use profiling for the type of customer that makes them money. An example of a profitable customer could be between 25 and 40, is a homeowner, and has excellent credit. Any new insured who matches those parameters receives the best rates and as a result will probably save when they switch companies.

Drivers who are not a match for the requirements must pay higher premiums which leads to business going elsewhere. Company advertisements say "customers that switch" not "everybody who quotes" save that much money. That's why companies can truthfully make those claims. This illustrates why you need to get as many quotes as possible. It's just too difficult to predict the company that will have the lowest rates.

Even more information is available at the Indiana Department of Insurance website. Consumers can find out which companies have the most complaints, read industry bulletins, find disaster information, and download brochures.

In the end, you save

Cheaper car insurance is attainable from both online companies as well as from independent agents in Fairmount, so you should compare both to have the best chance of lowering rates. Some companies don't offer online price quotes and usually these smaller companies provide coverage only through local independent agents.

While you're price shopping online, it's a bad idea to reduce coverage to reduce premium. In too many instances, an accident victim reduced liability limits or collision coverage only to find out they didn't purchase enough coverage. Your focus should be to buy enough coverage at a price you can afford while not skimping on critical coverages.