How to Know You're Spending Too Much for Auto Insurance in Forreston

Expensive auto insurance can overdraw your savings account and make it hard to pay other bills. Shopping your coverage around is free and is an excellent way to tighten up your finances. Numerous battle to insure your vehicles, and because of this it can be hard to compare to get the lowest price

More discounts equal less premium

Insurance can be prohibitively expensive, buy you may qualify for discounts that many people don't even know exist. Certain discounts will be applied when you get a quote, but less common discounts must be inquired about before you will receive the discount. If they aren't giving you every credit you deserve, you are throwing money away.

  • Fewer Miles Equal More Savings - Driving fewer miles can earn better rates on cars that stay parked.
  • Accident Waiver - A few companies will forgive one accident before your rates go up so long as you haven't had any claims prior to the accident.
  • Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
  • Clubs and Organizations - Participating in certain professional organizations could trigger savings when buying auto insurance.
  • Payment Discounts - If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.

It's important to note that most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, you're out of luck. But any discount will cut your premiums.

auto insurance in Forreston

Switch companies and save? Really?

Illinois consumers get pounded daily by advertisements for car insurance savings from companies such as 21st Century, Allstate and State Farm. All the companies make the same claim that you can save if you switch your policy.

How do they all make almost identical claims?

All companies have a preferred profile for the right customer that earns them a profit. For example, a profitable customer could possibly be between the ages of 30 and 50, insures multiple vehicles, and has great credit. A driver who matches those parameters will get the preferred rates and therefore will cut their rates substantially.

Drivers who do not match the "perfect" profile must pay higher premiums which leads to the driver buying from a lower-cost company. The ads state "customers that switch" not "everyone that quotes" save that kind of money. This is how insurance companies can advertise the savings.

This illustrates why you should get quotes from several different companies. It is impossible to predict which insurance companies will fit your personal profile best.

For more Illinois auto insurance information

More information can be found on the website for the Illinois Department of Insurance located here. Illinois consumers can discover disciplinary actions, learn about insurance regulations, read consumer alerts, and find out which companies have the most complaints.

And the best car insurance company is...

Lower-priced auto insurance can be found online in addition to many Forreston insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

When you buy insurance online, never buy lower coverage limits just to save a few bucks. There are a lot of situations where drivers have reduced physical damage coverage only to discover later that the few dollars in savings costed them thousands. The proper strategy is to get the best coverage possible at a price you can afford while not skimping on critical coverages.