Getting the Cheapest New London Car Insurance

Did you fall for a flashy sales pitch and buy high-priced car insurance? Trust us when we tell you there are a lot of people in New London just like you who feel imprisoned by their car insurance policy.

Companies like State Farm, Allstate, GEICO and Progressive continually bombard you with fancy advertisements and it is difficult to sift through the bull and do the work needed to find the best deal.

It's important to compare prices at least once a year due to the fact that insurance rates are constantly changing. Just because you found the lowest price on your last policy the chances are good that you can find a lower rate today. Forget all the misinformation about car insurance because you're about to find out how to use online quotes to buy cheaper car insurance.

If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using this information. Finding affordable coverage in New London is easy if you know what you're doing. But Iowa consumers do need to know the way companies sell online because it can help you find the best coverage.

Be sure to get all your discounts

Companies that sell car insurance don't list every available discount in a way that's easy to find, so we researched both the well known and the harder-to-find car insurance savings.

Passive Restraints and Air Bags - Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.
Low Mileage - Fewer annual miles could be rewarded with lower rates on the low mileage vehicles.
Homeowners Discount - Being a homeowner may trigger a car insurance policy discount due to the fact that maintaining a home shows financial diligence.
Payment Method - If you pay your bill all at once instead of paying each month you could save up to 5%.
Senior Citizens - Mature drivers may be able to get a small decrease in premiums.
Multiple Vehicles - Buying insurance for multiple vehicles on the same car insurance policy qualifies for this discount.
E-sign - A few companies may give you up to $50 for buying a policy and signing up digitally online.
Use Seat Belts - Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off the personal injury premium cost.
Memberships - Being a member of a civic or occupational organization could qualify you for a break on your policy.
Claim Free - Drivers with accident-free driving histories pay much less compared to bad drivers.

Drivers should understand that most credits do not apply the the whole policy. Most only cut the price of certain insurance coverages like medical payments or collision. Just because you may think adding up those discounts means a free policy, companies wouldn't make money that way.

To see a list of providers who offer car insurance discounts in New London, follow this link.

Comprehensive New London Car Insurance Comparison Quotes

There are several ways to compare car insurance prices and some are easier and takes less work. You can waste a lot of time discussing policy coverages with insurance companies in New London, or you can stay home and use online quoting to get rates in a matter of minutes.

Many insurance companies belong to a marketplace that allows shoppers to submit one quote, and each company can provide price quotes based on the submitted data. This eliminates the need for quotation requests to each individual car insurance company.

To submit your quote information now, click to open in new window.

One minor caviat to comparing rates this way is you can't choose which carriers you will receive quotes from. So if you want to select from a list of companies to compare prices, we have a page of the cheapest car insurance companies in Iowa. Click to view list.

It doesn't matter which method you choose, just compare exactly the same quote information on every quote you get. If you enter mixed coverages you will not be able to determine which rate is truly the best in New London. Just a small difference in insurance coverages can result in a big premium difference. Just keep in mind that comparing a large number of companies will increase your chances of finding the best offered rates.

How to Lower your Car Insurance Rates

An important part of buying insurance is that you know some of the elements that help determine the rates you pay for car insurance. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get much lower annual insurance costs.

The following are a partial list of the pieces used by your company to calculate your rates.

Bad driving skills means higher rates - Your driving record has a huge affect on how much you pay. Drivers who don't get tickets tend to pay less for car insurance compared to drivers with tickets. Just one ticket can bump up the cost forty percent or more. Drivers who get flagrant violations like DUI or reckless driving may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to keep their license.
Don't get talked into coverage you don't need - There are a ton of extra coverages you can purchase when buying car insurance. Insurance for vanishing deductibles, better glass coverage and additional equipment coverage are examples of these. They may seem like a good idea when talking to your agent, but now you might not need them so eliminate the coverages to reduce your premium.
Your spouse saves you money - Having a wife or husband can get you a discount when buying car insurance. Marriage translates into being more mature than a single person it has been statistically shown that being married results in fewer claims.
Special features that cut premiums - Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart your car from being stolen.
Mature drivers pay less - Older insureds tend to be more responsible, statistically cause fewer accidents and are safer drivers. Youthful drivers are known to be careless and easily distracted when behind the wheel and because of this, their car insurance rates are much higher.
Don't sacrifice liability coverage - Liability coverage provides coverage in the event that you are found liable for personal injury or accident damage. It provides legal defense which can be incredibly expensive. Liability is cheap when compared with rates for comp and collision, so buy as much as you can afford.
Adjust deductibles and save - Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims would be running into the backend of another car, damage from fire, or theft. Your deductibles are the amount of money you are required to spend before your car insurance pays a claim. The more you have to pay, the less your car insurance will be.

Is there truth in advertising?

Companies like State Farm and Allstate continually stream television and radio advertisements. All the ads say the same thing that you'll save big after switching your coverage to them. How can each company claim to save you money? This is how they do it.

Insurance companies are able to cherry pick for the type of customer that is profitable for them. For instance, a preferred risk might be between the ages of 30 and 50, has no tickets, and has great credit. Any driver who fits that profile will qualify for the lowest rates and is almost guaranteed to save when they switch companies.

Potential customers who don't measure up to the requirements will be charged a higher premium which usually ends up with the customer not buying. The ad wording is "drivers who switch" but not "drivers who get quotes" save that much money. That's the way companies can advertise the savings. That is why drivers must get quotes from several different companies. You cannot predict which car insurance company will fit your personal profile best.

Final considerations

We just presented a lot of tips how to compare car insurance prices online. The most important thing to understand is the more you quote, the higher the chance of saving money. You may be surprised to find that the lowest rates come from a lesser-known regional company. These smaller insurers may only write in your state and offer lower rates compared to the large companies like .

Budget-conscious car insurance can be sourced both online as well as from independent agents in New London, and you should compare price quotes from both to have the best rate selection. There are still a few companies who don't offer the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

Find out more about car insurance

More detailed Iowa car insurance information is located at the Iowa Insurance Division website. Visitors are able to file complaints about a company, discover disciplinary actions, get help finding coverage, and view a list of available companies.