Easy Tips to Cut Costs on Greenview Car Insurance

Finding the most affordable Greenview car insurance over the internet may be rather challenging for consumers new to price shopping online. Because there are so many insurers to choose from, how can consumers even start to compare the different rates to find the best price?

It's important to shop coverage around on a regular basis because rates are constantly changing. Even if you got the lowest rates a year ago you will most likely find a better rate today. Starting now, ignore everything you know about car insurance because you're going to learn the tricks you need to know to find better rates and still maintain coverage.

If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using this information. The purpose of this post is to help educate you on how to get online quotes and some tricks to saving. But Illinois car owners do need to know the methods companies use to price insurance differently and use this information to your advantage.

Policy discounts you shouldn't miss

Car insurance can cost a lot, buy you may qualify for discounts to reduce the price significantly. Most are applied at quote time, but lesser-known reductions have to be specifically requested in order for you to get them.

  • Good Student Discount - Performing well in school can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • Accident Waiver - A few companies permit an accident before your rates go up if you are claim-free for a particular time prior to the accident.
  • Life Insurance - Select insurance companies reward you with lower rates if you buy auto and life insurance together.
  • Driver Safety - Taking part in a driver safety course could cut 5% off your bill if you qualify.
  • Air Bag Discount - Vehicles with factory air bags or automatic seat belts can get savings of more than 20%.
  • Low Mileage - Fewer annual miles can earn discounted rates on garaged vehicles.
  • Lower Rates for Military - Being on active duty in the military may qualify for rate reductions.
  • Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
  • Seat Belts Save - Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off your PIP or medical payments premium.
  • Government Employees - Active or retired federal employment may qualify you for a discount with certain companies.

Drivers should understand that most discounts do not apply to all coverage premiums. The majority will only reduce the cost of specific coverages such as medical payments or collision. So when it seems like having all the discounts means you get insurance for free, companies wouldn't make money that way. But all discounts will cut the amount you have to pay.

Illinois car insurance

Save $429 a year? Really?

Companies like State Farm and Allstate continually stream television and radio advertisements. All the ads make an identical promise that you'll save big after switching your coverage to them. How do they all make the same claim?

All the different companies have a preferred profile for the type of customer that earns them a profit. For example, a preferred risk could be over the age of 40, insures multiple vehicles, and has excellent credit. A customer who meets those qualifications gets the lowest rates and is almost guaranteed to cut their rates substantially.

Potential insureds who don't qualify for the "perfect" profile will be charged more money and ends up with business going elsewhere. Company advertisements say "people who switch" but not "drivers who get quotes" save that much money. This is how companies can make those claims.

That is why you should compare many company's rates. Because you never know which insurance companies will have the lowest rates.

For more Illinois car insurance information

Much more information about car insurance in Illinois can be found on the Illinois Department of Insurance website through this link. Consumers can file complaints about a company, get help finding coverage, and file complaints about an insurance agent or broker.

Affordable insurance is out there

We just showed you many tips how you can reduce car insurance prices online. The most important thing to understand is the more you quote, the higher your chance of finding lower rates. Consumers may even find the lowest premiums are with an unexpected company.

Budget-conscious car insurance can be purchased from both online companies as well as from independent agents in Greenview, and you need to comparison shop both in order to have the best chance of saving money. Some companies don't offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

While you're price shopping online, you should never buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced uninsured motorist or liability limits only to regret they didn't purchase enough coverage. Your goal should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.