Free Guide to Paying Less for Mexico Auto Insurance Online

Overpriced auto insurance can take a big chunk out of your bank account, especially in this economy. Shopping your coverage around is a smart way to reduce premiums and put more money in your pocket. Companies like GEICO and Progressive all promote huge savings with catchy ads and it can be hard to sift through the bull and do the work needed to find the best deal.

It's important to compare rates yearly since insurance rates are constantly changing. Just because you had the best deal on your last policy the chances are good that you can find a lower rate today. So ignore everything you know about auto insurance because it's time to teach you the proper way to properly buy coverages and cut your premium.

Policy discounts you shouldn't miss

Car insurance is not cheap, but there could be available discounts that you may not even be aware of. Some trigger automatically when you complete an application, but some must be inquired about before they will apply. If you aren't receiving every discount you deserve, you're paying more than you need to.

Anti-lock Brake Discount - Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
Multi-policy Discount - When you combine your home and auto insurance with one company you could get a discount of at least 10% off all policies.
Passive Restraints and Air Bags - Vehicles with factory air bags or automatic seat belts can qualify for discounts up to 30%.
Use Seat Belts - Drivers who require all occupants to buckle their seat belts can save up to 15% off the personal injury premium cost.
Government Employees - Being employed by or retired from a federal job could cut as much as 10% off with certain companies.

Keep in mind that most credits do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, it just doesn't work that way. But any discount will reduce the amount you have to pay.

To see a list of providers offering auto insurance discounts in Mexico, follow this link.

How to Get Cheap Auto Insurance in Mexico, IN

Finding cheaper auto insurance prices can be relatively painless. Consumers just need to invest a few minutes to get quotes from different insurance companies. It is quite easy and can be accomplished in a couple of different ways.

The best way to find the lowest comparison rates is a comparison rater form (click to open form in new window). This method keeps you from doing separate quote forms for each company you want a rate for. A single, simple form will return quotes from many national carriers.
A harder way to shop for auto insurance online is to take the time to go to the website for each individual company and complete a new quote form. For examples sake, let's say you want comparison quotes from , and . To get each rate you have to take the time to go to each site and enter your information, and that's why the first method is more popular. For a list of links to companies insuring cars in Mexico, click here.
The least efficient way to compare rates is driving around to and from local insurance agencies. Buying insurance online has reduced the need for local agents unless you have a need for the professional advice that only a license agent can provide. You can, however, obtain prices from the web but buy from a local insurance agent and we'll touch on that later.

Which method you use is up to you, but make sure you use exactly the same coverages and limits on every quote. If the quotes have different deductibles it will be very difficult to make a fair comparison in Mexico.

You have some control over your rates

An important part of buying insurance is that you know some of the elements that go into determining auto insurance rates. Having a good understanding of what influences your rates enables informed choices that can help you get much lower annual insurance costs.

Listed below are some of the factors auto insurance companies consider when setting your rates.

How credit affects auto insurance rates - Your credit score is a huge factor in determining what you pay for auto insurance. If your credit is lower than you'd like, you could pay less to insure your by improving your credit score. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with poor credit.
Where you live - Residing in small towns and rural areas has it's advantages when buying auto insurance. Lower population translates into fewer accidents and also fewer theft and vandalism claims. City drivers tend to have congested traffic and longer commutes to work. Longer commute distances means higher likelihood of an accident.
No coverage gaps is important - Letting your insurance expire is a quick way to pay more for auto insurance. Not only will rates go up, getting caught without coverage may earn you a steep fine or even jail time.
Are you male or female? - Statistics have proven women are more cautious behind the wheel. That doesn't necessarily mean that men are worse drivers. Both sexes have accidents at about the same rate, but men cause more damage. Men also get cited for more serious violations like reckless driving and DUI. Young males tend to get in the most accidents and therefore have the most expensive auto insurance rates.
Marriage brings a discount - Being married can actually save you money when buying auto insurance. Marriage means you're more mature it has been statistically shown that married drivers get in fewer accidents.

Insurance agents can help

When choosing proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone's situation is unique and a cookie cutter policy won't apply. For example, these questions can help discover whether your personal situation would benefit from an agent's advice.

Can I get a multi-policy discount for packaging my home and auto coverage?
What are the best liability limits?
Should I drop comprehensive coverage on older vehicles?
Why am I be forced to buy a membership to get insurance from some companies?
Do I have coverage for damage caused while driving under the influence?
When does my teenage driver need to be added to my policy?
Should I put collision coverage on all my vehicles?

If you don't know the answers to these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and may give you better protection.

Save $429 a year? Really?

Indiana drivers can't get away from ads for car insurance savings by Allstate and Progressive. All the ads say the same thing that you can save if you switch to their company.

How can each company say the same thing? This is how they do it.

Insurance companies have a preferred profile for the driver that is profitable for them. An example of a preferred risk might be profiled as between 25 and 40, has no prior claims, and has great credit. A propective insured who fits that profile will get the preferred rates and is almost guaranteed to save when they switch companies.

Consumers who don't qualify for the requirements will be charged higher rates which usually ends up with business not being written. The ads state "drivers who switch" but not "drivers who get quotes" save that much. This is how insurance companies can advertise the savings.

That is why drivers must get as many comparisons as possible. It's not possible to predict which insurance companies will fit your personal profile best.

A tidy conclusion

When you buy insurance online, it's a bad idea to reduce coverage to reduce premium. Too many times, consumers will sacrifice liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. The aim is to get the best coverage possible for the lowest price, not the least amount of coverage.

Throughout this article, we presented a lot of information how to compare auto insurance prices online. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even find the most savings is with a smaller regional carrier. These smaller insurers can often insure niche markets at a lower cost compared to the large companies like .

Learn more about auto insurance in Indiana

More information is available on the website for the Indiana Department of Insurance. Click here for link. Indiana drivers can find out industry alerts, view agent and company licensing information, find a variety of consumer forms, and learn about insurance regulations.