Best Way to Find the Cheapest Glenwood Auto Insurance

Are you intimidated by the crazy number of auto insurance options in Glenwood? Lot's of other consumers are too. You have so many options available that it can turn into more work than you anticipated to find better rates.

If you have a current auto insurance policy or are shopping for new coverage, you will benefit by learning to shop for the lowest rates and possibly find even better coverage. The purpose of this post is to help educate you on how to effectively get price quotes. Illinois vehicle owners just need to know the most efficient way to compare prices over the internet.

Learn How to Buy Auto Insurance Cheaper

Consumers need to have an understanding of the factors that help determine the price you pay for auto insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that could result in big savings.

The following are a few of the "ingredients" that factor into premiums.

Choose a safe vehicle and save - Vehicles with good safety scores get lower rates. Safe vehicles have better occupant injury protection and lower injury rates means lower claim amounts and more competitive rates for policyholders.
Do you know your deductibles? - The deductibles represent how much money you are required to spend before your auto insurance pays a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some examples of claims that would be covered could be colliding with a building, damage caused by hail, and burglary. The higher the amount the insured has to pay upfront, the less your auto insurance will be.
Men pay higher rates - Statistics demonstrate women are more cautious behind the wheel. However, this does not mean men are WORSE drivers than women. They both have accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to get more serious tickets such as DWI and reckless driving. Teenage male drivers are several times more likely to be in an accident and are penalized with high auto insurance rates.
Your auto insurance rates can be influenced by your job - Did you know that where you work can have an impact on rates? Occupations such as lawyers, social workers and dentists are shown to have the highest average rates attributed to stressful work requirements and lots of time spent at work. Other occupations like actors, historians and performers pay the least.
Traffic violations increase rates - Whether or not you get tickets has a huge affect on how much you pay. Only having one moving violation may increase your cost twenty percent or more. Drivers with clean records receive lower rates compared to drivers with tickets. Drivers with flagrant tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
Don't sacrifice liability coverage - Liability coverage provides coverage if a court rules you are at fault for damages caused by your negligence. It provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.

Compare Quotes for Glenwood Auto Insurance

There are several ways to compare auto insurance prices but one way is less labor-intensive and much quicker. You can spend your afternoon talking to agents in Glenwood, or you can utilize online quotes to get rate comparisons in just a few minutes.

Most of the larger companies are enrolled in a marketplace that allows shoppers to send in one quote, and each participating company provides a quote based on the submitted data. This prevents consumers from doing quote forms for each company you want a rate for.

To submit your quote information now, click here to open in new window.

The one downside to comparing rates this way is you can't choose which providers to get pricing from. If you prefer to choose specific insurance companies for rate comparison, we have a page of low cost auto insurance companies in Illinois. Click to view list.

However you get your quotes, ensure you are comparing exactly the same coverage information on every quote you get. If each company quotes unequal deductibles or liability limits it will be next to impossible to determine which rate is truly the best in Glenwood.

How much can you save with discounts?

Insurance can be prohibitively expensive, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be applied when you quote, but a few need to be asked about before you get the savings. If you aren't receiving every discount possible, you are paying more than you should be.

Fewer Miles Equal More Savings - Fewer annual miles can earn a substantially lower rate.
Multiple Vehicles - Buying insurance for multiple vehicles with the same company could earn a price break for each car.
Save over 55 - If you're over the age of 55, you may be able to get a discount up to 10%.
No Claims - Drivers with accident-free driving histories can save substantially when compared with accident-prone drivers.
Military Discounts - Being deployed with a military unit may qualify for rate reductions.
Theft Prevention System - Vehicles with anti-theft systems help deter theft and qualify for as much as a 10% discount.
Organization Discounts - Participating in a civic or occupational organization may earn a discount when buying auto insurance.
Federal Government Employee - Employees or retirees of the government may qualify you for a discount depending on your company.
Payment Method - By paying your policy upfront instead of making monthly payments you could save 5% or more.
Student in College - Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.

Drivers should understand that some of the credits will not apply to all coverage premiums. Some only apply to the cost of specific coverages such as liability and collision coverage. Just because it seems like all those discounts means the company will pay you, companies wouldn't make money that way. But all discounts will reduce the amount you have to pay.

To choose insurers who offer auto insurance discounts in Glenwood, click here.

Save 15 percent in 15 minutes? Is it for real?

Illinois consumers can't ignore all the ads that promise big savings from companies such as 21st Century, Allstate and State Farm. All the companies have a common claim that you'll save big after switching your policy.

How can each company make almost identical claims?

All the different companies are able to cherry pick for the right customer that makes them money. For example, a profitable customer could possibly be between the ages of 30 and 50, has no driving citations, and drives less than 10,000 miles a year. A driver that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to save when they switch companies.

Drivers who don't meet the requirements must pay a higher premium and this can result in the driver buying from a lower-cost company. The ad wording is "people who switch" but not "drivers who get quotes" save that kind of money. That's the way companies can advertise the way they do.

This illustrates why you need to get as many quotes as possible. It is impossible to predict which auto insurance company will provide you with the cheapest rates.

Much more information about auto insurance in Illinois can be found on the Illinois Department of Insurance website through this link. Illinois consumers can find disaster information, report car insurance fraud, and learn about insurance regulations.

In the end, you save

Budget-conscious auto insurance can be bought online in addition to many Glenwood insurance agents, and you should compare price quotes from both to have the best selection. Some auto insurance companies do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

As you go through the steps to switch your coverage, it's a bad idea to reduce coverage to reduce premium. There are a lot of situations where someone sacrificed physical damage coverage only to regret at claim time that the savings was not a smart move. The proper strategy is to get the best coverage possible at an affordable rate while not skimping on critical coverages.

Drivers change insurance companies for many reasons like delays in responding to claim requests, lack of trust in their agent, denial of a claim or even high rates after DUI convictions. It doesn't matter what your reason, finding the right auto insurance provider is easier than you think.