How to Find Low-Cost Mt Olive Car Insurance

If online car insurance comparisons are new to you, you can be overwhelmed because of the huge number of car insurance companies all offering big savings in Mt Olive.

It's important to check car insurance prices periodically due to the fact that insurance rates are constantly changing. Even if you got the best rates six months ago you will most likely find a better rate today. You can find a lot of misleading information regarding car insurance online, so we're going to give you some great ways to put money back in your pocket.

Locating affordable protection in Mt Olive can be fairly easy. If you have a current car insurance policy or are looking for a new policy, you can learn to get lower rates while maintaining coverages. Illinois consumers only need to know the tricks to get comparison quotes over the internet.

Take advantage of discounts

Car insurance is not cheap, but there are discounts available to reduce the price significantly. Some discounts apply automatically when you complete an application, but some may not be applied and must be requested specifically before they will apply. If you don't get every credit you qualify for, you are throwing money away.

  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
  • Good Student - Performing well in school can save 20 to 25%. The good student discount can last well after school through age 25.
  • Multi-policy Discount - If you have multiple policies with the same company you may earn 10% to 20% off each policy.
  • Save with a New Car - Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • Early Switch Discount - Some companies give discounts for buying a policy prior to your current policy expiring. It's a savings of about 10%.
  • Anti-theft System - Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Military Rewards - Having a deployed family member may qualify for rate reductions.

A little note about advertised discounts, most credits do not apply to the entire policy premium. Most cut specific coverage prices like comprehensive or collision. So despite the fact that it appears you would end up receiving a 100% discount, you won't be that lucky. Any amount of discount will help reduce your overall premium however.

Mt Olive car insurance quote

How to know if you need help

When it comes to buying coverage for your vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else's.

These are some specific questions may help highlight whether your personal situation may require specific advice.

  • Does my insurance cover a custom paint job?
  • Should I buy only the required Illinois minimum liability coverage?
  • What is the difference between comprehensive and collision coverage?
  • Do I need PIP (personal injury protection) coverage in Illinois?
  • Should I file a claim if it's only slightly more than my deductible?
  • Does my car insurance cover rental cars?

If you don't know the answers to these questions but you know they apply to you then you might want to talk to an agent. If you don't have a local agent, fill out this quick form. It's fast, doesn't cost anything and you can get the answers you need.

Are car insurance companies telling the truth?

Consumers in Illinois get pounded daily by advertisements for cheaper car insurance by companies like Allstate and Progressive. All the ads say the same thing about savings after switching to them.

But how can every company claim to save you money? It's all in the numbers.

Different companies have a certain "appetite" for the type of driver that earns them a profit. A good example of a preferred risk might be over the age of 50, a clean driving record, and has a high credit rating. Any driver who fits that profile gets the lowest rates and most likely will save a lot of money.

Consumers who don't qualify for this ideal profile will be charged higher rates which usually ends up with the customer not buying. The ads say "customers who switch" not "people who quote" save money. That is how companies can truthfully state the savings.

That is why you should get as many comparisons as possible. You cannot predict which company will have the lowest rates.

Additional information can be read on the Illinois Department of Insurance website found here. Visitors are able to find out industry alerts, file complaints about a company, and view agent and company licensing information.

Also read more on NAIC.org's Understanding your Policy and this directory of Mt Olive insurance agents.

Illinois car insurance

In the end, you save

As you restructure your insurance plan, do not buy lower coverage limits just to save a few bucks. Too many times, someone dropped collision coverage and discovered at claim time that they should have had better coverage. The aim is to purchase plenty of coverage at the best price, not the least amount of coverage.

We just presented a lot of tips how to reduce car insurance prices online. The most important thing to understand is the more quotes you get, the better likelihood of reducing your rate. You may even find the biggest savings come from a small mutual company.

Consumers change insurance companies for a variety of reasons including policy cancellation, high prices, policy non-renewal and even not issuing a premium refund. No matter why you want to switch, finding a new car insurance company is less work than it seems.