Finding Cheap Fayette Auto Insurance

I can't think of anyone who looks forward to buying auto insurance, especially knowing their premiums are through the roof.

Consumers have many to buy insurance from, and although it's nice to be able to choose, it can be more difficult to compare rates.

Buying car insurance in Fayette is not that difficult. Basically, everyone who carries auto insurance stands a good chance to be able to save money. Although Iowa vehicle owners do need to know how insurance companies determine prices and use this information to your advantage.

You have some control over your rates

Consumers need to have an understanding of the different types of things that come into play when calculating auto insurance rates. Knowing what impacts premium levels enables informed choices that could result in lower auto insurance prices.

What are your deductibles? - Deductibles for physical damage represent how much money you are required to spend out-of-pocket if you file a covered claim. Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your car. Some instances where coverage would apply are colliding with a building, vandalism, and rolling your vehicle. The higher the amount you are required to pay out-of-pocket, the lower your rates will be.
How credit affects auto insurance rates - A driver's credit rating is a huge factor in determining your rates. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower credit scores. So if your credit can use some improvement, you could save money insuring your by spending a little time repairing your credit.
Equipment add-ons that lower auto insurance rates - Owning a car with anti-theft technology or alarm system can get you a discount on your auto insurance. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent car theft.
Sex matters - Statistics show that women are safer drivers than men. However, don't assume that men are worse drivers. Women and men tend to get into accidents in similar percentages, but the male of the species cause more damage and cost insurance companies more money. Men also tend to receive more costly citations like reckless driving and DUI.

Vehicle Insurance Comparison

There are several ways to compare rate quotes from different Fayette insurance companies. One of the best ways to find the lowest rates is to perform an online rate comparison. This is very easy and can be done using a couple different methods.

The fastest way to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This easy form eliminates the need for repetitive form entry for every auto insurance company. Just one form will return price quotes direct from many companies.
A harder way to get quotes online consists of visiting each individual company website and request a quote. For examples sake, let's say you want to compare , and . To get rate quotes you would need to take the time to go to each site to enter your coverage information, and that's why the first method is more popular.

To view a list of companies in Fayette, click here.
The least recommended method of comparing rate quotes is to drive around to and from local Fayette insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you have a need for the trained guidance of a local Fayette agent. However, consumers can find lower rates online and still use a local agent and we'll touch on that later.

It's your choice how you get your quotes, but be sure to compare identical deductibles and coverage limits with every price quote. If the quotes have different values for each quote it will be very difficult to find the best deal in Fayette. Quoting even small variations in coverages may result in a large different in cost. Keep in mind that getting more free quotes helps locate better pricing.

Save big with these discounts

Car insurance companies don't list all available discounts very clearly, so we break down some of the best known and the harder-to-find savings tricks you should be using.

Homeowners Savings - Owning a home in Fayette can help you save on auto insurance because of the fact that having a home is proof that your finances are in order.
Passive Restraints and Air Bags - Vehicles equipped with air bags or motorized seat belts may earn rate discounts of 20% or more.
Pay Upfront and Save - If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
Senior Discount - If you're over the age of 55, you can possibly qualify for better auto insurance rates.
Federal Employees - Employees or retirees of the government can save as much as 8% depending on your company.
Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
Paperless Signup - Certain companies give back up to $50 for buying your policy over the internet.

A little note about advertised discounts, most discounts do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like it's possible to get free car insurance, you won't be that lucky.

To choose insurers with the best auto insurance discounts in Iowa, click here to view.

Auto insurance ads bend the truth

Allstate, GEICO and Progressive regularly use ads on TV and radio. All the companies make an identical promise about savings if you move to their company. How does each company say the same thing? This is how they do it.

All companies have a certain "appetite" for the driver that makes them money. For example, a profitable customer might be profiled as over the age of 50, a clean driving record, and has a short commute. A propective insured who meets those qualifications will get the preferred rates and most likely will save when switching.

Potential customers who fall outside these standards must pay a more expensive rate and ends up with business not being written. The ads state "drivers who switch" not "people who quote" save that much. That is how companies can truthfully make the claims of big savings. This illustrates why you need to get as many comparisons as possible. It's not possible to predict which company will fit your personal profile best.

But I don't know anything about car insurance

When buying adequate coverage for your vehicles, there isn't really a single plan that fits everyone. Everyone's situation is unique so your insurance should reflect that These are some specific questions may help highlight if your situation may require specific advice.

When do I need to add a new car to my policy?
Should I drop comprehensive coverage on older vehicles?
What can I do if my company won't pay a claim?
Should I put collision coverage on all my vehicles?
Do I have coverage for damage caused while driving under the influence?
What are the financial responsibility laws in Iowa?

If you're not sure about those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Even more information can be found at the Iowa Insurance Division website. Iowa drivers can report car insurance fraud, find out industry alerts, view a list of available companies, and learn about insurance regulations.

Final considerations

The cheapest auto insurance is possible on the web and also from your neighborhood Fayette agents, and you should be comparing both to have the best rate selection. Some insurance providers may not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

Throughout this article, we presented many tips how you can compare auto insurance prices online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. You may even find the biggest savings come from a smaller regional carrier. These smaller insurers may cover specific market segments cheaper than their larger competitors like .