Best Way to Find Low-Cost Monticello Auto Insurance

Searching for the most affordable Monticello auto insurance on the web can be intimidating for consumers new to comparison shopping online. Since there are so many online companies, how can consumers effectively compare the different rates to find the cheapest rates?

It's important to price shop coverage quite often because prices are constantly changing. If you had the best rates six months ago a different company probably has better rates today. There is a lot of wrong information about auto insurance online, so I'm going to show you some great ways to find cheap auto insurance.

Don't pay full price with these discounts

Companies don't necessarily list all their discounts very well, so the following is a list of both well-publicized as well as the least known ways to save on auto insurance.

  • College Student - Any of your kids living away from home attending college without a vehicle on campus may be able to be covered for less.
  • Save over 55 - If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.
  • Military Discounts - Having a family member in the military can result in better rates.
  • Good Student Discount - Performing well in school can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
  • Clubs and Organizations - Participating in a professional or civic organization could trigger savings on auto insurance.

It's important to note that many deductions do not apply to the overall cost of the policy. Most only apply to individual premiums such as liability, collision or medical payments. So even though it sounds like all those discounts means the company will pay you, you're out of luck.

Monticello auto insurance comparison

Learn How to Buy Auto Insurance Cheaper

Smart consumers have a good feel for the rating factors that come into play when calculating the price you pay for auto insurance. When you know what positively or negatively influences your rates helps enable you to make changes that may reward you with big savings.

  • Older drivers pay less - Teen drivers in Indiana tend to be more careless when driving so auto insurance rates are higher. Adding a teenage driver onto your auto insurance can be quite pricey. More mature drivers are viewed as being more responsible, file fewer claims and tend to be better behind the wheel.
  • Sex matters - Statistics have proven women tend to be less risk to insure than men. However, don't assume that men are WORSE drivers than women. They both cause accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations such as DWI and reckless driving.
  • Higher safety ratings means cheaper insurance - Vehicles with good safety scores tend to have better insurance rates. These vehicles have better occupant injury protection and lower injury rates translates into savings for insurance companies passed on to you as lower rates.
  • Careful drivers pay lower rates - Just one ticket may increase your cost forty percent or more. Drivers with clean records have lower premiums than people who have multiple driving citations. Drivers who have severe citations such as hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to drive a vehicle legally.
  • Liability insurance protects assets - The liability section of your policy is the protection if ever a court rules you are at fault for damages caused by your negligence. Liability insurance provides you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.

Your personal situation dictates your coverage

When it comes to buying coverage for your personal vehicles, there really is no cookie cutter policy. Everyone's needs are different.

Here are some questions about coverages that may help you determine whether or not you might need professional guidance.

  • Why does it cost so much to insure a teen driver in Monticello?
  • Should I buy additional glass protection?
  • Do I have coverage when using my vehicle for my home business?
  • Why am I required to buy high-risk coverage?
  • Am I getting all the discounts available?
  • Is my cargo covered for damage or theft?
  • Am I covered if I drive in a foreign country?
  • Am I covered when driving in Canada or Mexico?

If it's difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form.

The auto insurance bait and switch

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm regularly use ads in print and on television. They all seem to make the same claim that you can save if you move your policy. But how can every company make almost identical claims?

All the different companies have a preferred profile for the right customer that earns them a profit. A good example of a desirable insured could possibly be between 30 and 50, insures multiple vehicles, and has a high credit rating. A customer getting a price quote who matches those parameters is entitled to the best price and therefore will save a lot of money.

Potential insureds who don't measure up to this ideal profile will have to pay more money which leads to the driver buying from a lower-cost company. The ads state "customers that switch" not "everyone that quotes" save that kind of money. This is how insurance companies can state the savings. Because of the profiling, drivers should get a wide range of price quotes. It's impossible to know which insurance companies will have the lowest rates.

More sites with auto insurance information

Additional detailed information can be read at the Indiana Department of Insurance website. Indiana consumers can read enforcement actions against agents and companies, learn about insurance regulations, and find disaster information.

Also read more on this Car Insurance FAQ and this page of insurance agents in Monticello.

Monticello auto insurance comparison

Shop smart and save

As you restructure your insurance plan, don't be tempted to skimp on coverage in order to save money. There are many occasions where drivers have reduced collision coverage and discovered at claim time that they should have had better coverage. Your aim should be to buy a smart amount of coverage at a price you can afford.

Insureds who switch companies do it for a number of reasons such as not issuing a premium refund, denial of a claim, unfair underwriting practices and even poor customer service. Regardless of your reason, choosing a new insurance company is less work than it seems.

Lower-priced auto insurance is possible online in addition to many Monticello insurance agents, so compare prices from both to have the best chance of lowering rates. Some insurance companies do not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.