Car Insurance in Munster - 5 Discounts You Might be Losing Out On
Are you intimidated by the crazy number of car insurance options in Munster? Many other drivers are as well. Consumers have so many choices that it can turn into a real challenge to find better rates.
It's important to compare prices every six months since rates are constantly changing. Even if you got the best price last year you will most likely find a better rate today. Forget all the misinformation about car insurance because I'm going to let you in on the secrets to the only way to find the best coverage while lowering your premiums.
How much can you save with these 5 discounts?
The cost of insuring your cars can be expensive, but discounts can save money and there are some available that many people don't even know exist. A few discounts will automatically apply when you get a quote, but a few need to be asked for before you will receive the discount.
- 55 and Retired - If you qualify as a senior citizen, you may qualify for a small decrease in premiums.
- Multi-car Discount - Buying insurance for more than one vehicle on one policy qualifies for this discount.
- Anti-theft System - Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
- Defensive Driver - Taking a driver safety course could possibly earn you a 5% discount if you qualify.
- Clubs and Organizations - Belonging to certain professional organizations could trigger savings on car insurance.
As a disclaimer on discounts, most discount credits are not given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you could get a free car insurance policy, car insurance companies aren't that generous. Any amount of discount will cut the amount you have to pay.
Save 15 percent in 15 minutes? Is it for real?
Car insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with television and radio advertisements. They all seem to make the same claim about savings if you switch your coverage to them. How do they all make the same claim? This is how they do it.
Different companies are able to cherry pick for the type of customer that earns them a profit. For example, a desirable insured could be between 30 and 50, has no driving citations, and drives newer vehicles. Any new insured who matches those parameters gets the lowest rates and is almost guaranteed to cut their rates substantially.
Drivers who don't meet the "perfect" profile will have to pay higher premiums which leads to business going elsewhere. Company advertisements say "drivers who switch" but not "drivers who get quotes" save that much money. That's the way companies can truthfully claim big savings.
Because of the profiling, you should get a wide range of price quotes. It's just too difficult to predict which car insurance company will give you the biggest savings.
Additional information can be found on the Indiana Department of Insurance website. Click here for link. Consumers can read enforcement actions against agents and companies, report car insurance fraud, and read consumer alerts.
Do the work, save more money
When trying to cut insurance costs, you should never buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed physical damage coverage only to regret at claim time that it was a big mistake. Your aim should be to buy the best coverage you can find for the lowest price.
Cheap car insurance can be found from both online companies as well as from independent agents in Munster, so compare prices from both to have the best chance of lowering rates. A few companies don't offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
Insureds switch companies for any number of reasons including not issuing a premium refund, lack of trust in their agent, policy non-renewal and even questionable increases in premium. It doesn't matter what your reason, switching car insurance companies is less work than it seems.
