Easy Techniques to Spend Less on Grand Junction Auto Insurance

If you're new to shopping for auto insurance online, it's easy to be confused due to the large number of auto insurance companies all offering big savings in Grand Junction.

It's important to check auto insurance prices periodically because prices are constantly changing. Even if you got the best deal a few years ago you will most likely find a better rate today. So forget anything you know (or think you know) about auto insurance because you're going to get a crash course in the proper way to save money, get proper coverage and the best rates.

Buying affordable protection in Grand Junction is simple if you know the tricks. Just about everyone who has to buy auto insurance stands a good chance to be able to save money. Nevertheless, Iowa drivers do need to know the way insurance companies price insurance differently and take advantage of how the system works.

Are you getting all your discounts?

The cost of insuring your cars can be expensive, but there are discounts available to reduce the price significantly. Larger premium reductions will be automatically applied at the time of purchase, but some must be manually applied prior to receiving the credit.

Discount for New Cars - Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
Good Student - Performing well in school can earn a discount of 20% or more. The discount lasts well after school through age 25.
Bundle and Save - If you have multiple policies with one insurance company you may earn at least 10% off all policies.
Theft Prevention Discount - Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.
Homeowners Savings - Owning a house in Grand Junction may trigger a auto insurance policy discount due to the fact that maintaining a home requires personal responsibility.
Passive Restraints and Air Bags - Factory air bags or motorized seat belts can receive discounts of up to 25% or more.
Accident Free - Good drivers with no accidents can earn big discounts as compared to drivers who are more careless.
Driver Safety - Successfully completing a course in driver safety can save you 5% or more if you qualify.

Consumers should know that most credits do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will help reduce the cost of coverage.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is no cookie cutter policy. Every insured's situation is different.

For instance, these questions may help highlight whether you would benefit from professional advice.

Should I file a claim if it's only slightly more than my deductible?
Should I buy only the required Iowa minimum liability coverage?
What is the difference between comprehensive and collision coverage?
Do I need special endorsements for business use of my vehicle?
When do I need to add a new car to my policy?
Why am I required to buy high-risk coverage?

If you don't know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm continually stream ads on television and other media. They all seem to say the same thing of big savings after switching to them. But how can every company make almost identical claims? This is how they do it.

Insurance companies have a certain "appetite" for the type of driver that earns them a profit. An example of a desirable insured could possibly be a mature driver, a clean driving record, and drives less than 7,500 miles a year. A customer getting a price quote who fits that profile will qualify for the lowest rates and as a result will probably save a lot of money.

Potential customers who are not a match for this ideal profile will have to pay higher prices which usually ends up with the driver buying from a lower-cost company. The ad wording is "drivers who switch" not "everybody who quotes" save money. That is how insurance companies can confidently advertise the way they do.

Because of the profiling, you should compare as many rates as you can. It's impossible to know which company will provide you with the cheapest rates.

Additional Iowa consumer information

Additional auto insurance information is available on the Iowa Insurance Division website. Click here for link. Iowa consumers can read enforcement actions against agents and companies, file complaints about a company, and view agent and company licensing information.

Also read more on Auto Insurance 101 and this page where you can research Grand Junction insurance agents.

The best insurance company isn't always the cheapest

When shopping online for auto insurance, do not buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible for the lowest price.

You just read a lot of information how to reduce auto insurance prices online. The most important thing to understand is the more times you quote, the better likelihood of reducing your rate. Drivers may discover the best price on auto insurance is with a lesser-known regional company.

Cost effective auto insurance can be purchased online and with local Grand Junction insurance agents, and you need to price shop both so you have a total pricing picture. Some auto insurance companies do not offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.