6 Tricks Shown to Save Money on Car Insurance Costs in Melrose Park

Searching for affordable Melrose Park car insurance online may be rather challenging for beginners to comparison shopping online. Because there are so many online companies available, how can you even start to compare every one to find the lowest price?

It's important to check car insurance prices on a regular basis since rates are constantly changing. If you had the best deal a year ago you will most likely find a better rate today. Starting right now, ignore everything you know about car insurance because we're going to show you the only way to save money, get proper coverage and the best rates.

Buying affordable car insurance coverage in Melrose Park is simple if you know the tricks. If you are insured now or need new coverage, you can learn to get lower rates and still get good coverage. Illinois vehicle owners just need to know the most effective way to compare prices online.

How much can you save with these six discounts?

Car insurance is not cheap, but there are discounts available that can drop the cost substantially. Larger premium reductions will be automatically applied at the time you complete a quote, but lesser-known reductions have to be specifically requested prior to getting the savings. If you're not getting every credit you deserve, you are throwing money away.

  • Theft Prevention Discount - Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Own a Home - Being a homeowner can save you money because of the fact that having a home requires personal responsibility.
  • Government Employees - Active or retired federal employment could cut as much as 10% off with certain companies.
  • Multi-policy Discount - If you have multiple policies with one company you could get a discount of at least 10% off all policies.
  • Anti-lock Brakes - Cars that have steering control and anti-lock brakes prevent accidents and will save you 10% or more.
  • Good Student Discount - Performing well in school can earn a discount of 20% or more. The discount lasts up to age 25.

Consumers should know that some credits don't apply to all coverage premiums. Some only apply to individual premiums such as comprehensive or collision. Even though it may seem like all the discounts add up to a free policy, companies don't profit that way. But all discounts will bring down the amount you have to pay.

Melrose Park car insurance quote

Save 15 percent in 15 minutes? Is it for real?

Consumers get pounded daily by advertisements for car insurance savings by companies like Allstate and Progressive. All the ads have a common claim that you'll save big if you move to them.

How does each company make the same claim?

Insurance companies have a preferred profile for the type of driver that earns them a profit. An example of a preferred risk could be a mature driver, insures multiple vehicles, and has excellent credit. Any new insured that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards will be charged a more expensive rate and this can result in business going elsewhere. The ad wording is "customers that switch" but not "drivers who get quotes" save money. This is how companies can make those claims.

That is why you should quote coverage with many companies. It's just too difficult to predict which insurance companies will have the lowest rates.

For more Illinois car insurance information

Much more information about car insurance in Illinois is available on the Illinois Department of Insurance website located here. Consumers can read consumer alerts, report car insurance fraud, and download brochures.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this Melrose Park agent directory.

And the best car insurance company is...

While you're price shopping online, make sure you don't buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced comprehensive coverage or liability limits to discover at claim time they didn't purchase enough coverage. The aim is to get the best coverage possible at a price you can afford, not the least amount of coverage.

Discount car insurance is definitely available from both online companies and with local Melrose Park insurance agents, and you need to price shop both to have the best rate selection. Some companies do not offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

Drivers who switch companies do it for a number of reasons such as policy cancellation, an unsatisfactory settlement offer, high rates after DUI convictions and even policy non-renewal. It doesn't matter what your reason, choosing a new insurance company is less work than it seems.