Easy Ways to Spend Less on Geneva Auto Insurance

Finding lower premiums on Geneva auto insurance is nearly impossible for consumers not familiar with comparison shopping online. Consumers have so many choices that it can be more work than you anticipated to find the best price in Geneva.

Buying car insurance in Geneva is quite easy. If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these methods. Nevertheless, Indiana drivers do need to know the way companies price insurance differently and apply this information to your search.

Tips to Get Lower Geneva Rates

Consumers need to have an understanding of the different types of things that help determine the price you pay for auto insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

The following are a few of the "ingredients" used by your company to calculate prices.

Do you have a high stress job? - Did you know that where you work can have an impact on rates? Careers like lawyers, business owners and stock brokers have the highest rates due to job stress and long work days. On the other hand, professions such as farmers, students and performers get better rates.
Equipment add-ons that lower auto insurance rates - Driving a car with a theft deterrent system can help lower your rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder car theft.
Where you live is a factor - Being located in small towns and rural areas can save you money when insuring your vehicles. Drivers who live in large cities regularly have traffic congestion and much longer commute distances. Fewer people means a lower chance of having an accident.
Careful drivers pay lower rates - A bad driving record has a big impact on rates. Even one moving violation can bump up the cost by twenty percent. Drivers who don't get tickets get better rates compared to drivers with tickets. If you have flagrant violations like DUI or reckless driving may find they need to file a SR-22 with their state DMV in order to keep their license.
Protect your assets with liability insurance - Liability coverage will protect you when a court rules you are at fault for personal injury or accident damage. It will provide for a legal defense which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so do not cut corners here.
Better crash test results mean better rates - Vehicles with high crash test scores can get you lower premiums. The safest vehicles protect occupants better and lower injury rates translates into fewer and smaller insurance claims passed on to you as lower rates.
Claim-free discounts can add up - Companies in Indiana award discounts to policyholders who do not file claims often. If you tend to file frequent claims, you can expect either a policy non-renewal or much higher rates. Your insurance policy is designed for major claims that would cause financial hardship.

Take advantage of discounts

Companies don't always advertise every discount very well, so we took the time to find both well-publicized and also the lesser-known savings tricks you should be using.

Claim Free - Claim-free drivers can save substantially when compared to accident-prone drivers.
Payment Method - If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
Multiple Policy Discount - If you insure your home and vehicles with the same company you will save at least 10% off all policies.
Good Students Pay Less - This discount can earn a discount of 20% or more. This discount can apply well after school through age 25.
Organization Discounts - Participating in a professional or civic organization is a good way to get lower rates when shopping for auto insurance.
Lower Rates for Military - Being on active duty in the military may qualify for rate reductions.
Employee of Federal Government - Employees or retirees of the government could cut as much as 10% off with a few auto insurance companies.
Passive Restraints - Cars that have air bags can receive discounts of up to 25% or more.

Consumers should know that most discounts do not apply to the entire cost. The majority will only reduce specific coverage prices like comp or med pay. Just because you may think adding up those discounts means a free policy, companies don't profit that way.

To choose insurance companies who offer auto insurance discounts in Indiana, click here to view.

Are auto insurance companies telling the truth?

Auto insurance providers like Progressive, Allstate and GEICO continually stream ads on TV and radio. They all make an identical promise of big savings after switching your coverage to them. But how can every company make almost identical claims? It's all in the numbers.

Insurance companies can use profiling for the type of customer that makes them money. For example, a driver they prefer could possibly be between the ages of 30 and 50, has no tickets, and chooses high deductibles. A customer getting a price quote who meets those qualifications gets the lowest rates and most likely will save a lot of money.

Potential customers who don't qualify for this ideal profile will be quoted a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say "customers who switch" not "people who quote" save that much money. That's why insurance companies can confidently state the savings. This emphasizes why you should compare many company's rates. It's impossible to know the company that will give you the biggest savings.

More Indiana auto insurance information

More tips and info about auto insurance can be found at the Indiana Department of Insurance website. Indiana consumers can read industry bulletins, view a list of available companies, and view agent and company licensing information.

Other informative sites include this online resource for auto insurance quotes in Indiana and this list of insurance agents in Geneva.

Shop smart and save

People change insurance companies for a variety of reasons including high rates after DUI convictions, unfair underwriting practices, policy non-renewal or even poor customer service. No matter why you want to switch, finding a new auto insurance company is easier than you think.

When buying insurance coverage, don't be tempted to buy poor coverage just to save money. There are too many instances where an insured dropped physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your strategy should be to buy the best coverage you can find at the best price while still protecting your assets.

Cost effective auto insurance can be purchased online as well as from independent agents in Geneva, and you should compare price quotes from both to have the best rate selection. Some insurance companies don't offer online price quotes and these regional insurance providers work with independent agents.