8 Discounts Moulton Shoppers Forget when Buying Car Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us, there are many people just like you. Because you have many online and local companies to choose from, it can be impossible to find the lowest price company.

Don't pay full price with these eight discounts

Companies that sell car insurance don't always list every discount very well, so we break down both the well known as well as the least known discounts you could be receiving. If you don't get every credit possible, you are paying more than you should be.

Accident Free - Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.
Organization Discounts - Being a member of a professional or civic organization may earn a discount when shopping for car insurance.
Military Rewards - Being deployed with a military unit can result in better rates.
Anti-lock Brakes - Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
Multiple Policy Discount - If you insure your home and vehicles with the same insurance company you may save up to 20% off your total premium.
Life Insurance Discount - Companies who offer life insurance give a break if you buy a life insurance policy as well.
Defensive Driving Course - Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
Distant Student - Youth drivers who attend school more than 100 miles from home without a vehicle on campus may be able to be covered for less.

A little note about advertised discounts, some credits don't apply to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So even though it sounds like all the discounts add up to a free policy, you won't be that lucky.

To choose insurance companies with the best car insurance discounts in Iowa, click here.

The car insurance bait and switch

Consumers in Iowa can't ignore all the ads that promise big savings by companies like Progressive, Allstate and GEICO. They all have a common claim about savings if you move to them.

But how can every company claim to save you money?

All companies are able to cherry pick for the type of driver that makes them money. For example, a driver they prefer might be over the age of 40, has no driving citations, and drives less than 10,000 miles a year. Any new insured that hits that "sweet spot" is entitled to the best price and therefore will save a lot of money.

Potential customers who don't measure up to this ideal profile will be quoted higher prices and this can result in the customer not buying. Company advertisements say "customers that switch" not "everyone that quotes" save money. That's the way companies can truthfully advertise the way they do. This emphasizes why you should get quotes from several different companies. It's just too difficult to predict which car insurance company will provide you with the cheapest rates.

Learn more about Iowa car insurance

Even more information can be found at the Iowa Insurance Division website. Visitors are able to read industry bulletins, find out which companies have the most complaints, view a list of available companies, and find out industry alerts.

Other informative sites include this online resource for car insurance quotes in Iowa and this list of insurance agents in Moulton.

And the best car insurance company is...

Cheaper car insurance is possible both online and with local Moulton insurance agents, and you need to comparison shop both so you have a total pricing picture. Some car insurance companies do not offer online price quotes and these regional insurance providers work with independent agents.

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. There are too many instances where someone sacrificed uninsured motorist or liability limits only to regret that the savings was not a smart move. Your strategy should be to buy enough coverage at a price you can afford while still protecting your assets.