Car Insurance in Hanna Indiana - 9 Tricks to Save Money

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us when we tell you you're not the only one.

With consumers having so many different company options, it can be hard to locate the most affordable insurance company.

Finding affordable coverage in Hanna is easy if you know what you're doing. In a nutshell, every driver who is required by state law to have car insurance will be able to cut their insurance bill. But Indiana consumers do need to know how the larger insurance companies price insurance differently and apply this information to your search.

Policy discounts you shouldn't miss

Companies offering auto insurance don't necessarily list every discount very well, so we took the time to find both the well known and also the lesser-known car insurance savings.

Payment Method - If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
Multiple Vehicles - Buying insurance for multiple vehicles on one policy can get a discount on all vehicles.
Multiple Policy Discount - If you have multiple policies with one company you may save up to 20% off your total premium.
Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
Discount for Life Insurance - Select insurance companies reward you with a break if you buy a life insurance policy as well.
Low Mileage Discounts - Fewer annual miles can earn lower rates on the low mileage vehicles.
Federal Government Employee - Active or retired federal employment can save as much as 8% with a few car insurance companies.
Passive Restraints - Cars that have air bags and/or automatic seat belt systems can receive discounts of more than 20%.
Distant Student - Children 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 most credits do not apply to all coverage premiums. Most only cut specific coverage prices like liability and collision coverage. Just because it seems like you can get free auto insurance, companies wouldn't make money that way.

Save $429 a year? Really?

Car insurance providers like State Farm, Allstate and GEICO continually stream television and radio advertisements. They all say the same thing that you'll save big after switching to their company. But how can every company claim to save you money? It's all in the numbers.

All companies are able to cherry pick for the driver that earns them a profit. For example, a driver they prefer might be between the ages of 40 and 55, has no driving citations, and drives newer vehicles. Any new insured who fits that profile will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Consumers who don't qualify for this ideal profile will be quoted higher rates which usually ends up with the customer not buying. The ad wording is "customers who switch" but not "drivers who get quotes" save that much. That's the way companies can claim big savings. This emphasizes why drivers should get a wide range of price quotes. It's just too difficult to predict which car insurance company will give you the biggest savings.

More detailed Indiana car insurance information can be found at the Indiana Department of Insurance website. Visitors are able to view a list of available companies, report car insurance fraud, view agent and company licensing information, and find out industry alerts.

Also read more on this site for car insurance rates in Indiana and this list of insurance agents in Hanna, IN.

Do the work, save more money

Budget-conscious car insurance can be purchased both online and also from your neighborhood Hanna agents, so you should be comparing quotes from both to get a complete price analysis. A few companies may not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

When trying to cut insurance costs, do not skimp on coverage in order to save money. There have been many situations where someone sacrificed physical damage coverage only to discover later that it was a big mistake. The proper strategy is to purchase a proper amount of coverage at the best price while still protecting your assets.