Quote Jeffersonville Car Insurance Prices With These Methods

Comparison shopping for Jeffersonville car insurance is a challenge for consumers new to buying insurance online. Drivers have so many options that it can be a challenge to find lower rates in Jeffersonville.

Finding affordable coverage in Jeffersonville is quite easy. If you are insured now or need new coverage, you can learn to get lower rates and still get good coverage. Indiana drivers only need an understanding of the tricks to compare rates online.

Policy discounts you shouldn't miss

Auto insurance companies don't list every discount very clearly, so we break down some of the more common as well as the least known discounts you could be receiving. If you're not getting every credit available, you are throwing money away.

  • Accident Free - Claim-free drivers can save substantially when compared to drivers who are more careless.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
  • Employee of Federal Government - Active or retired federal employment can save as much as 8% with a few car insurance companies.
  • New Car Discount - Putting insurance coverage on a new car is cheaper since new cars are generally safer.
  • 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%.
  • Good Students Pay Less - Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
  • Distant Student - Youth drivers who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.

It's important to understand that some of the credits will not apply to the entire cost. The majority will only reduce individual premiums such as comp or med pay. So when it seems like it's possible to get free car insurance, it doesn't quite work that way.

What determines how much you pay?

Smart consumers have a good feel for the factors that come into play when calculating your car insurance rates. Knowing what determines base rates allows you to make educated decisions that will entitle you to lower car insurance prices.

  • Rates may be higher depending on your occupation - Careers like lawyers, social workers and financial analysts tend to pay higher average rates because of job stress and lengthy work days. Conversely, occupations like farmers, engineers and the unemployed have the lowest average rates.
  • An active claims history can cost you - If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Companies in Indiana generally give lower rates to policyholders who file claims infrequently. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Older drivers pay less - Young drivers in Indiana tend to be careless and easily distracted in a vehicle so they pay higher car insurance rates. Mature drivers are more cautious drivers, tend to file fewer claims and are safer drivers.
  • How's your driving record? - A bad driving record has a lot to do with how much you pay for insurance. Good drivers have lower premiums than people who have multiple driving citations. Even a single citation can increase rates by twenty percent. If you have severe violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
  • Men fork out a little more - The statistics show that women are safer drivers than men. However, don't assume that women are better drivers. Women and men have accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically get more serious tickets such as reckless driving.
  • Being married is a good thing - Having a spouse actually saves money on car insurance. Having a significant other is viewed as being more mature and responsible and it's proven that drivers who are married are more cautious.
  • Low deductibles can be expensive - The deductibles define the amount you are required to spend out-of-pocket if you file a covered claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Examples of covered claims are running into the backend of another car, vandalism, and windstorm damage. The higher the amount you're willing to pay, the less your company will charge you for insurance.

Save $429 a year? Really?

Consumers get pounded daily by advertisements for the lowest price auto insurance by companies like Progressive, Allstate and GEICO. They all have a common claim of big savings if you move to them.

How does each company make the same claim?

All companies can use profiling for the type of driver that earns them a profit. For example, a driver they prefer could be over the age of 50, has no tickets, and has great credit. A customer that hits that "sweet spot" gets the lowest rates and is almost guaranteed to save when switching.

Consumers who don't qualify for these standards will be quoted higher rates and this can result in business going elsewhere. Company advertisements say "customers that switch" but not "drivers who get quotes" save money. That's why insurance companies can confidently advertise the savings. This emphasizes why drivers should quote coverage with many companies. Because you never know the company that will give you the biggest savings.

More tips and info about car insurance can be found at the Indiana Department of Insurance website. Consumers can read industry bulletins, download brochures, and read enforcement actions against agents and companies.

compare Jeffersonville car insurance rates

A tidy conclusion

Drivers who switch companies do it for a number of reasons such as high rates after DUI convictions, extreme rates for teen drivers, not issuing a premium refund and even poor customer service. No matter why you want to switch, choosing a new insurance company is less work than it seems.

As you prepare to switch companies, it's very important that you do not skimp on coverage in order to save money. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

We just showed you a lot of techniques to reduce car insurance prices online. The key concept to understand is the more price quotes you have, the higher your chance of finding lower rates. Drivers may discover the biggest savings come from a small local company.