How to Find the Cheapest Hillsboro Auto Insurance

If you are a novice to online auto insurance shopping, it's easy to get overwhelmed because of the huge number of auto insurance companies offering coverage in Hillsboro.

Learn How to Buy Auto Insurance Cheaper

Consumers need to have an understanding of the rating factors that come into play when calculating the price you pay for auto insurance. Having a good understanding of what impacts premium levels helps enable you to make changes that could result in better auto insurance rates.

  • Do you need those extra coverages? - There are a lot of additional coverages that you can get tricked into buying on your auto insurance policy. Insurance for vanishing deductibles, accidental death and membership fees may be wasting your money. These may sound like a good investment initially, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Bundling policies can get discounts - The majority of auto insurance companies will award you with lower prices to customers who have multiple policies with them such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. Even if you're getting this discount it's still a good idea to comparison shop to confirm you are receiving the best rates possible.
  • You might want pay the small claims yourself - Auto insurance companies in Missouri give cheaper rates to insureds who do not rely on their insurance for small claims. If you file claims often, you can expect higher rates. Car insurance is designed for larger claims.
  • Rates may be lower depending on your job - Occupations such as lawyers, executives and dentists are shown to have the highest average rates due to high stress levels and long work hours. Other occupations like scientists, historians and the unemployed pay the least.

auto insurance in Hillsboro

Policy discounts you shouldn't miss

Insurance can be prohibitively expensive, buy you may qualify for discounts to help offset the cost. A few discounts will automatically apply when you quote, but less common discounts must be asked for before you get the savings.

  • Defensive Driving Course - Taking a course in driver safety can save you 5% or more if your company offers it.
  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Drivers Ed for Students - Cut your cost by having your teen driver enroll in driver's education in high school.
  • No Claims - Good drivers with no accidents can save substantially when compared with accident-prone drivers.
  • Fewer Miles Equal More Savings - Keeping the miles down can earn better rates on cars that stay parked.
  • Good Student - This discount can save 20 to 25%. This discount can apply up to age 25.

As a disclaimer on discounts, many deductions do not apply to your bottom line cost. The majority will only reduce specific coverage prices like liability and collision coverage. So even though it sounds like you would end up receiving a 100% discount, auto insurance companies aren't that generous. Any amount of discount will reduce the amount you have to pay.

To choose insurers with the best auto insurance discounts in Hillsboro, click this link.

Save $429 a year? Really?

21st Century, Allstate and State Farm regularly use television and radio advertisements. All the companies make the same claim about savings if you move your policy. How can each company make almost identical claims? It's all in the numbers.

Different companies have a certain "appetite" for the right customer that makes them money. For example, a profitable customer could possibly be between 30 and 50, owns a home, and has great credit. A driver who matches those parameters gets the lowest rates and is almost guaranteed to save when they switch companies.

Drivers who don't qualify for the requirements must pay a higher premium which leads to the driver buying from a lower-cost company. Company advertisements say "customers who switch" but not "drivers who get quotes" save that kind of money. That is how companies can truthfully advertise the savings.

This illustrates why you should get a wide range of price quotes. It is impossible to predict which company will give you the biggest savings.

Insurance agents can help

When buying the right insurance coverage for your vehicles, there really is not a one size fits all plan. Every situation is different.

For example, these questions might point out whether your personal situation might need professional guidance.

  • Do I really need UM/UIM coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my cargo covered for damage or theft?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is my dog or cat covered if injured in an accident?
  • Is rental equipment covered for theft or damage?
  • Does my personal auto insurance policy cover using my vehicle for business use?

If it's difficult to answer those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form.

Additional information can be found on the Missouri Department of Insurance website found here. Missouri consumers can discover disciplinary actions, read consumer alerts, and download brochures.

Hillsboro auto insurance quote

Do the work, save more money

Cheap auto insurance is possible online in addition to many Hillsboro insurance agents, so compare prices from both to have the best selection. There are still a few companies who do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

As you prepare to switch companies, it's a bad idea to buy poor coverage just to save money. There are a lot of situations where an insured cut physical damage coverage only to discover later that the small savings ended up costing them much more. The proper strategy is to buy the best coverage you can find at the best price while not skimping on critical coverages.

Insureds who switch companies do it for a variety of reasons including questionable increases in premium, policy non-renewal, extreme rates for teen drivers or even high rates after DUI convictions. No matter why you want to switch, finding a new auto insurance company is easier than you think.