Free Guide to Saving Money on Lake Forest Auto Insurance Online

Nobody cherishes buying auto insurance, particularly when they are paying too much.

Drivers have multiple to buy insurance from, and although it's nice to be able to choose, it can be more challenging to compare rates.

Lake Forest Rates are Influenced by These Factors

Consumers need to have an understanding of the factors that help determine the rates you pay for auto insurance. Knowing what influences your rates enables informed choices that could result in better auto insurance rates.

The following are a partial list of the pieces auto insurance companies consider when setting premiums.

Do you need those extra coverages? - There are a ton of additional coverages that you can get tricked into buying when buying auto insurance. Coverages for roadside assistance, accidental death and term life insurance are some examples. These coverages may sound good initially, but if they're wasting money eliminate them to save money.
Credit scores impact auto insurance rates - A driver's credit history is a big factor in determining your rates. So if your credit score is not that good, you could save money insuring your by spending a little time repairing your credit. Drivers who have good credit tend to be better drivers and file fewer claims than those with lower credit scores.
Where do you drive? - Driving more miles each year the more you'll pay to insure your vehicle. Most insurance companies charge to insure your cars based on their usage. Cars that are left in the garage receive lower rates than those used for commuting. Verify your auto insurance coverage shows the proper vehicle usage, because improper ratings can cost you money.
Having a spouse can save you money - Having a wife or husband can get you a discount on auto insurance. Having a spouse means you're more mature and statistics show married couples file fewer claims.

Automobile Insurance Quotes in Lake Forest, IL

There are several ways of comparing rates from different Lake Forest insurance companies. One of the best ways to find the lowest rates involves getting comparison quotes online. This is very easy and can be done in several different ways.

The fastest way to get quotes for comparison is to use a rate comparison form like this one (opens in new window). This type of form saves time by eliminating boring form submissions for each company. A single form gets rate comparisons from all major companies.
A slightly less efficient method to compare rate quotes is spending the time to visit the website for every company you want to comare to complete a price quote. For example, we'll assume you want to compare , and . You would have to visit each site and enter your policy data, which is why the first method is quicker.

To view a list of companies in Lake Forest, click here.

Whichever method you choose, make absolute certain that you use identical information for every company. If you have higher or lower deductibles then you won't be able to decipher which rate is best in Lake Forest. Slightly different limits may cause a big price difference. And when quoting auto insurance, remember that obtaining a wide range of quotes helps locate the best price.

Take advantage of discounts

Companies don't always list all available discounts very clearly, so we researched both the well known and also the lesser-known discounts you could be receiving.

Driver Safety - Taking a defensive driving course can save you 5% or more if your company offers it.
Anti-lock Brakes - Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.
Life Insurance Discount - Some companies give a discount if you purchase life insurance from them.
Paperless Signup - Some insurance companies may give you up to $50 just for signing your application over the internet.
Student in College - Youth drivers who are attending college and do not have access to a covered vehicle may qualify for this discount.

It's important to note that some credits don't apply to your bottom line cost. Some only reduce specific coverage prices like liability and collision coverage. So even though it sounds like you could get a free auto insurance policy, you're out of luck.

To choose insurers who offer auto insurance discounts in Illinois, click here.

Are auto insurance companies telling the truth?

21st Century, Allstate and State Farm continually stream ads on TV and radio. All the companies have a common claim that you can save after switching to their company. How does each company claim to save you money? It's all in the numbers.

Different companies have a certain "appetite" for the driver that makes them money. For instance, a profitable customer might be between the ages of 30 and 50, owns a home, and has a high credit rating. A customer getting a price quote that hits that "sweet spot" will get very good rates and most likely will save when switching.

Potential insureds who don't qualify for these standards must pay more money and this can result in the customer not buying. The ads say "customers who switch" not "people who quote" save that much. That is how insurance companies can state the savings. This illustrates why you need to compare many company's rates. It's impossible to know which company will have the lowest rates.

How to know if you need help

When buying the best auto insurance coverage for your vehicles, there isn't really a perfect coverage plan. Every situation is different and your policy should reflect that. These are some specific questions might point out whether your personal situation might need an agent's assistance.

Do I really need UM/UIM coverage?
Can I get a multi-policy discount for packaging my home and auto coverage?
What are the financial responsibility laws in Illinois?
Does my liability insurance cover pulling a trailer or camper?
Does medical payments coverage apply to all occupants?
Why does it cost so much to insure a teen driver in Lake Forest?
Does my policy cover my teen driver if they drive my company car?

If you can't answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don't have a local agent, complete this form or go to this page to view a list of companies.

Additional detailed information is located at the Illinois Department of Insurance website. Visitors are able to discover disciplinary actions, find out industry alerts, file complaints about an insurance agent or broker, and get help finding coverage.

Final considerations

Lower-priced auto insurance can be purchased both online and also from your neighborhood Lake Forest agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

As you restructure your insurance plan, never reduce coverage to reduce premium. There are a lot of situations where an insured cut collision coverage and learned later that they should have had better coverage. The proper strategy is to find the BEST coverage at the best price while not skimping on critical coverages.