How to Know You're Wasting Money for Car Insurance in Iowa City

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Believe me, there are many people just like you.

Numerous battle for your business, so it can be very hard to choose a and get the definite lowest rate

If you have car insurance now, you stand a good chance to be able to reduce your rates substantially using these techniques. Choosing the best insurance company for you in Iowa City is not that difficult. Although Iowa car owners do need to know how companies determine prices.

Don't pay full price with these discounts

Insurance can be prohibitively expensive, but you may find discounts to help offset the cost. Some trigger automatically when you get a quote, but some may not be applied and must be asked for before you will receive the discount.

Fewer Miles Equal More Savings - Keeping the miles down could qualify for lower rates on the low mileage vehicles.
Student Driver Training - Make teen driver coverage more affordable by requiring them to enroll in driver's education in high school.
Sign Early and Save - Some insurance companies reward drivers for switching to them prior to your current policy expiring. It can save you around 10%.
Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and will save you 10% or more.
Pay Upfront and Save - If you pay your bill all at once instead of monthly or quarterly installments you can actually save on your bill.
Paperless Signup - Certain companies will give a small break for buying your policy on their website.
Student in College - Children living away from home attending college without a vehicle on campus may be able to be covered for less.

A little note about advertised discounts, most credits do not apply the the whole policy. Some only reduce individual premiums such as liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will cut your premiums.

The car insurance bait and switch

21st Century, Allstate and State Farm regularly use ads in print and on television. All the companies say the same thing about savings if you move to them. How do they all make the same claim?

All companies are able to cherry pick for the type of driver that earns them a profit. A good example of a profitable customer could be between 25 and 40, has no tickets, and has great credit. A customer who fits that profile will get very good rates and therefore will cut their rates substantially.

Drivers who don't measure up to the "perfect" profile must pay higher premiums which usually ends up with business going elsewhere. The ads say "customers that switch" not "everyone that quotes" save money. That's the way companies can truthfully advertise the savings.

This illustrates why you should get as many quotes as possible. Because you never know which car insurance company will give you the biggest savings.

Find out more about car insurance

Additional information can be read on the website for the Iowa Insurance Division located here. Consumers can find disaster information, view a list of available companies, file complaints about a company, and read consumer alerts.

Do the work, save more money

The cheapest car insurance is possible from both online companies and with local Iowa City insurance agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who do not offer you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

We just showed you a lot of information how to reduce car insurance prices online. The key concept to understand is the more companies you get rates for, the better chance you'll have of finding lower rates. You may be surprised to find that the most savings is with the least-expected company. Regional companies may cover specific market segments cheaper as compared to the big name companies such as .