Tightwads Guide for Saving on Lewistown Car Insurance
Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us, there are many people just like you.
Companies like GEICO and Progressive continually bombard you with ads and consumers find it hard to sift through the bull and effectively compare rates to find the best deal.
These discounts can lower your rates
Properly insuring your vehicles can get expensive, buy you may qualify for discounts to help offset the cost. Some discounts apply automatically at the time of quoting, but lesser-known reductions have to be manually applied before you will receive the discount.
- No Claims - Drivers with accident-free driving histories can save substantially when compared to drivers who are more careless.
- Clubs and Organizations - Being a member of a civic or occupational organization is a good way to get lower rates when shopping for car insurance.
- Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
- Federal Government Employee - Active or retired federal employment can save as much as 8% with a few car insurance companies.
- Senior Citizens - If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.
Keep in mind that most discount credits are not given to all coverage premiums. A few only apply to individual premiums such as comp or med pay. Just because you may think it's possible to get free car insurance, it just doesn't work that way. But any discount will reduce the cost of coverage.
Are you falling for claims of savings?
Car insurance providers like Progressive, Allstate and GEICO regularly use ads on television and other media. They all make an identical promise that you can save if you move your policy. How can each company claim to save you money?
All companies are able to cherry pick for the right customer that earns them a profit. For example, a driver they prefer might be over the age of 50, has no driving citations, and has a short commute. Any driver who meets those qualifications receives the best rates and as a result will probably save when they switch companies.
Potential insureds who are not a match for the requirements will be quoted more money and ends up with the customer not buying. Company advertisements say "customers that switch" not "everybody who quotes" save that kind of money. That's the way insurance companies can make the claims of big savings.
This emphasizes why you should get a wide range of price quotes. You cannot predict which car insurance company will fit your personal profile best.
More information can be found on the website for the Illinois Department of Insurance located here. Visitors are able to read industry bulletins, find out which companies have the most complaints, download brochures, and learn about insurance regulations.
Affordable insurance is out there
Affordable car insurance is possible both online in addition to many Lewistown insurance agents, and you should be comparing both to have the best chance of lowering rates. Some insurance providers do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.
As you shop your coverage around, it's a bad idea to buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed uninsured motorist or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy enough coverage at a price you can afford while still protecting your assets.
