Free Guide to Cutting Costs on Oglesby Auto Insurance Online
Are you tired of robbing Peter to pay Paul each month for car insurance? You're in the same situation as many other drivers in Illinois.
With consumers having so many choices of insurance companies, it is very difficult to locate the cheapest insurance company.
It's important to do rate comparisons once or twice a year because prices are constantly changing. Just because you found the best rates last year you will most likely find a better rate today. You can find a lot of misleading information regarding auto insurance online, so I'm going to show you some great ways to put money back in your pocket.
These discounts can lower your rates
The price of auto insurance can be rather high, but you may find discounts that you may not know about. A few discounts will automatically apply when you get a quote, but some may not be applied and must be asked for before you will receive the discount.
- Discount for New Cars - Insuring a new car is cheaper since new cars are generally safer.
- Payment Method - If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
- One Accident Forgiven - Some insurance companies allow you one accident before your rates go up as long as you don't have any claims prior to the accident.
- Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
- Multiple Vehicles - Buying coverage for multiple vehicles on one policy can get a discount on all vehicles.
Keep in mind that most discount credits are not given to the entire cost. Some only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like all the discounts add up to a free policy, it just doesn't work that way. But any discount will help reduce the cost of coverage.
Are you falling for claims of savings?
Auto insurance companies such as GEICO, State Farm and Progressive continually stream ads on television and other media. They all seem to make the same claim that you can save after switching to them. But how can every company make almost identical claims? It's all in the numbers.
All companies can use profiling for the type of driver that earns them a profit. A good example of a desirable insured could possibly be between 30 and 50, has no tickets, and drives newer vehicles. A customer getting a price quote who matches those parameters will get very good rates and as a result will probably save a lot of money.
Drivers who are not a match for this ideal profile will have to pay higher premiums which leads to the driver buying from a lower-cost company. The ads say "customers who switch" not "everybody who quotes" save money. That's why insurance companies can claim big savings.
Because of the profiling, you should get a wide range of price quotes. It's impossible to know the company that will give you the biggest savings.
More Illinois auto insurance information
More information can be read on the website for the Illinois Department of Insurance found here. Illinois consumers can file complaints about an insurance agent or broker, view a list of available companies, learn about insurance regulations, and read consumer alerts.
Also read more on Auto Insurance 101 and this page where you can research Oglesby insurance agents.
Affordable insurance is out there
When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. In many instances, an insured dropped full coverage and found out when filing a claim that it was a big mistake. The ultimate goal is to find the BEST coverage at the best price.
Affordable auto insurance can be sourced online and with local Oglesby insurance agents, so compare prices from both to have the best chance of lowering rates. A few companies do not offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.
