9 Methods to Save on Car Insurance in Knox

Having to pay for overpriced car insurance can take a big chunk out of your savings account and put a big crunch on your finances. Comparing price quotes is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Numerous battle for your hard-earned dollar, and because of this it can be hard to compare and get the best coverage at the lowest price

It's important to get comparison quotes quite often since rates are constantly changing. Despite the fact that you may have had the lowest price a couple years back you can probably find a better price now. Block out anything you think you know about car insurance because I'm going to let you in on the secrets to one of the best ways to find the best coverage while lowering your premiums.

If you have car insurance now, you will most likely be able to cut costs considerably using these methods. Buying car insurance in Knox is quite easy. Nevertheless, Indiana car owners do need to know the way insurance companies compete online because it can help you find the best coverage.

Knox car insurance comparison

Take advantage of discounts

The cost of insuring your cars can be expensive, but companies offer discounts to cut the cost considerably. Larger premium reductions will be automatically applied when you purchase, but less common discounts must be asked about before being credited.

  • College Student - Kids in college who are attending college and do not have access to a covered vehicle may qualify for this discount.
  • 55 and Retired - If you're over the age of 55, you may be able to get a discount up to 10%.
  • Bundle and Save - If you insure your home and vehicles with the same company you could get a discount of up to 20% off your total premium.
  • No Claims - Drivers who don't have accidents pay much less as compared to accident-prone drivers.
  • Organization Discounts - Belonging to certain professional organizations is a good way to get lower rates on car insurance.
  • Student Driver Training - Cut your cost by having your teen driver complete a driver education course if it's offered in school.
  • Drive Less and Save - Fewer annual miles could be rewarded with discounted rates on garaged vehicles.
  • Payment Method - If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
  • Multiple Vehicles - Insuring multiple vehicles with the same company qualifies for this discount.

Consumers should know that most discount credits are not given to the overall cost of the policy. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, companies don't profit that way. Any qualifying discounts will cut your overall premium however.

To choose companies who offer car insurance discounts in Knox, click here to view.

Are car insurance companies telling the truth?

Car insurance companies such as Progressive, GEICO, Allstate and State Farm continually stream ads on TV and radio. They all seem to make an identical promise of big savings after switching your policy. How do they all make the same claim? This is how they do it.

All companies have a preferred profile for the right customer that makes them money. For instance, a desirable insured could be a mature driver, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and most likely will cut their rates substantially.

Consumers who don't qualify for the "perfect" profile will have to pay higher prices and ends up with business going elsewhere. The ad wording is "drivers who switch" not "people who quote" save that kind of money. This is how insurance companies can confidently advertise the way they do.

Because of the profiling, you should quote coverage with many companies. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

How to know if you need help

When buying the best car insurance coverage for your personal vehicles, there is no "perfect" insurance plan. Everyone's situation is unique so your insurance should reflect that These are some specific questions may help you determine whether your personal situation would benefit from professional advice.

  • Why does it cost so much to insure a teen driver in Knox?
  • Am I covered by my employer's commercial auto policy when driving my personal car for business?
  • Am I covered when driving in Canada or Mexico?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I getting all the discounts available?
  • Is rental equipment covered for theft or damage?
  • Is my dog or cat covered if injured in an accident?
  • What can I do if my company won't pay a claim?

If you're not sure about those questions but a few of them apply, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Additional car insurance information is located on the website for the Indiana Department of Insurance. Click here for link. Consumers can read enforcement actions against agents and companies, report car insurance fraud, read industry bulletins, and find out which companies have the most complaints.

Knox car insurance comparison

The best insurance company isn't always the cheapest

As you go through the steps to switch your coverage, never buy poor coverage just to save money. There are many occasions where drivers have reduced liability coverage limits only to discover later that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage for the lowest price.

Cost effective car insurance can be bought from both online companies in addition to many Knox insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some car insurance companies do not provide online price quotes and most of the time these small, regional companies sell through independent agents.