6 Methods to Save on Car Insurance in Greenville

Purchasing the lowest cost Greenville car insurance on the internet is rather challenging for beginners to online price comaprisons. When there are so many insurance companies available, how can you even start to compare every one to find the cheapest rates?

It's important to compare rates yearly since rates are constantly changing. Despite the fact that you may have had the best price a year ago you can probably find a better price now. Forget anything you know (or think you know) about car insurance because we're going to demonstrate one of the best ways to find great coverage at a great price.

Greenville car insurance comparison

How much can you save with these six discounts?

The cost of insuring your cars can be expensive, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply when you quote, but less common discounts must be specifically requested prior to getting the savings.

  • College Student - Children who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase life insurance from them.
  • Accident Waiver - Certain companies permit an accident before hitting you with a surcharge as long as you don't have any claims for a certain period of time.
  • Drive Less and Save - Fewer annual miles can earn lower rates on the low mileage vehicles.
  • Bundle and Save - If you insure your home and vehicles with one company you could get a discount of 10% to 20% off each policy.
  • Sign Online - Some insurance companies may give you up to $50 for buying your policy over the internet.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, you won't be that lucky. Any amount of discount will bring down the amount you have to pay.

To choose companies who offer car insurance discounts in Illinois, follow this link.

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

Car insurance companies such as Progressive, GEICO, Allstate and State Farm continually stream television and radio advertisements. They all seem to say the same thing about savings after switching to their company. How does each company claim to save you money?

Different companies have a preferred profile for the driver that makes them money. For example, a desirable insured might be between 30 and 50, has no prior claims, and has excellent credit. Any new insured who fits that profile receives the best rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards will have to pay a higher premium which usually ends up with the customer not buying. Company advertisements say "people who switch" but not "drivers who get quotes" save that much. This is how companies can truthfully make those claims.

Because of the profiling, you should get quotes from several different companies. It's just too difficult to predict which insurance companies will have the lowest rates.

How much car insurance do I need?

When buying the right insurance coverage for your personal vehicles, there isn't really a "best" method to buy coverage. Each situation is unique.

For example, these questions can help discover if your insurance needs might need professional guidance.

  • Do I pay less if my vehicle is kept in my garage?
  • When does my teenage driver need to be added to my policy?
  • Why does it cost so much to insure a teen driver in Greenville?
  • I have good health insurance, so how much medical payments coverage do I need?
  • What are the financial responsibility laws in Illinois?
  • What happens if I owe more than my vehicle is worth?
  • Is my dog or cat covered if injured in an accident?

If you don't know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form.

Additional information can be found on the Illinois Department of Insurance website through this link. Visitors are able to read enforcement actions against agents and companies, view agent and company licensing information, and get help finding coverage.

Illinois car insurance quotes

Final considerations

While you're price shopping online, never buy poor coverage just to save money. There are many occasions where consumers will sacrifice physical damage coverage only to discover later they didn't purchase enough coverage. Your aim should be to buy enough coverage at an affordable rate.

Cheaper car insurance can be bought both online and also from your neighborhood Greenville agents, so compare prices from both to have the best rate selection. Some companies may not provide online price quotes and most of the time these regional insurance providers sell through independent agents.

We just covered many ways to save on car insurance. The most important thing to understand is the more times you quote, the better likelihood of reducing your rate. Consumers could even find that the best prices are with a company that doesn't do a lot of advertising.