7 Top Ways to Slash Car Insurance Costs in Farley

Scraping up a payment for overpriced car insurance can drain your savings account and put the squeeze on your family's finances. Doing a price comparison is a great way to reduce premiums and put more money in your pocket.

You have so many to buy insurance from, and although it's a good thing to have a choice, lots of choices makes it harder to compare rates.

Choosing the best insurance company for you in Farley is easy if you know what you're doing. If you are paying for car insurance now, you will be able to save some money using these techniques. But Iowa car owners do need to know the way companies sell online and take advantage of how the system works.

How to Buy Farley Car Insurance Online

Most major insurance companies like Progressive, Allstate and GEICO give coverage price quotes on the web. Getting quotes is fairly simple as you simply type in your coverage information into the quote form. Behind the scenes, their rating system will obtain your credit score and driving record and returns a price quote based on many factors. Being able to quote online streamlines rate comparisons, but the process of having to visit each company's website and repetitively enter the same data into a form is repetitive and time-consuming. Unfortunately, it is important to get many rate quotes in order to get a lower rate.

A less time-consuming method to locate the lowest prices is to use a quote form to obtain quotes from multiple companies. It's a real time-saver, reduces the work, and makes quoting online much more enjoyable. After sending the form, your coverage is rated with multiple companies and you can pick any one of the returned quotes. If the quotes result in lower rates, you can click and sign and buy the policy. This process only takes a few minutes and you will know how your current rates stack up.

To find out how much you're overpaying now, click here and enter your vehicle and coverage information. If you have a policy now, it's recommended you copy the coverages just like they are on your policy. This way, you will receive comparison quotes based on similar coverages.

More discounts equal less premium

Auto insurance companies don't list every discount very clearly, so here is a list some of the more common and the more hidden discounts you could be receiving.

  • Government Employees - Simply working for the federal government may qualify you for a discount with a few car insurance companies.
  • 55 and Retired - Older drivers may receive a small decrease in premiums.
  • Multiple Cars - Having all your vehicles on one policy could earn a price break for each car.
  • Distant Student - Youth drivers who live away from home and don't have a car may be able to be covered for less.
  • Theft Prevention System - Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Low Mileage Discounts - Low mileage vehicles can qualify you for a substantially lower rate.
  • Accident Waiver - Certain companies permit an accident without raising rates if your claims history is clear for a particular time prior to the accident.

Drivers should understand that some credits don't apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn't make money that way.

For a list of insurance companies with discount car insurance rates in Iowa, click here.

It's not one size fits all

When it comes to choosing proper insurance coverage for your personal vehicles, there isn't really a "perfect" insurance plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine if you might need an agent's assistance.

  • Why am I required to get a high-risk car insurance policy?
  • Am I covered by my employer's commercial auto policy when driving my personal car for business?
  • Can I afford to buy a different vehicle if my vehicle is totaled?
  • What are Iowa no-fault laws?
  • Does my personal auto insurance policy cover using my vehicle for business use?
  • Is my dog or cat covered if injured in an accident?
  • Is my vehicle covered for flood damage?
  • Does my policy cover me when driving someone else's vehicle?

If you can't answer these questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

More detailed Iowa car insurance information is available at the Iowa Insurance Division website. Consumers can read industry bulletins, read enforcement actions against agents and companies, report car insurance fraud, and read consumer alerts.

Farley car insurance comparison

Do the work, save more money

As you shop your coverage around, it's very important that you do not reduce needed coverages to save money. There are too many instances where drivers have reduced liability limits or collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy a smart amount of coverage at an affordable rate while still protecting your assets.

Budget-conscious car insurance can be sourced from both online companies as well as from independent agents in Farley, and you should compare price quotes from both so you have a total pricing picture. Some insurance providers don't offer online quoting and these smaller companies work with independent agents.