Top 5 Ways to Save Money on Car Insurance in Ohio
Shopping for low-cost Ohio car insurance on the internet can be somewhat difficult for beginners to comparing rates online. With so many choices of choices, how can consumers effectively compare every one to find the lowest price?
It's important to compare rates on a regular basis since rates are constantly changing. Even if you think you had the lowest rates two years ago there is a good chance you can find better rates now. So just ignore everything you know about car insurance because we're going to show you the tricks you need to know to properly buy coverages and cut your premium.
How to Lower Your Car Insurance Cost in Ohio, Illinois
There are multiple methods to compare car insurance quotes, but one way is easier and takes less work. You can spend your afternoon talking to agents in Ohio, or you could save time and use the web to accomplish the same thing much quicker.
Most of the larger companies belong to an insurance system that enables customers to only type in their quote data once, and each company can give them a price. This eliminates the need for form submissions to each individual car insurance company.
To submit your quote information now, click here to open in new window.
The only drawback to pricing coverage this way is you can't choose which providers you want to price. So if you want to choose from a list of companies for rate comparison, we have assembled a list of car insurance companies in Illinois. Click here to view list.
Which method you use is up to you, but ensure you are comparing the exact same coverage limits with every price quote. If you compare differing limits it's impossible to find the best deal in Ohio.
Don't pay full price with these 5 discounts
Companies offering auto insurance don't list every available discount in an easy-to-find place, so we break down both the well known as well as the least known car insurance savings. If they aren't giving you every credit you deserve, you are paying more than you should be.
- Theft Prevention Discount - Anti-theft and alarm systems can help prevent theft and will save you 10% or more.
- E-sign - A few companies may give you up to $50 just for signing your application on their website.
- Low Mileage - Low mileage vehicles can earn lower rates on the low mileage vehicles.
- Multiple Cars - Having all your vehicles with the same company may reduce the rate for each vehicle.
- Discount for Life Insurance - Some companies give lower rates if you buy life insurance.
It's important to note that most credits do not apply to all coverage premiums. Most cut individual premiums such as comprehensive or collision. So when it seems like adding up those discounts means a free policy, you're out of luck.
To choose providers with discount car insurance rates in Ohio, follow this link.
The car insurance bait and switch
Consumers in Illinois can't ignore all the ads for car insurance savings by Allstate and Progressive. All the ads say the same thing that you can save if you change to their company.
How do they all claim to save you money?
Insurance companies have a preferred profile for the driver that makes them money. For example, a preferred risk might be between the ages of 30 and 50, insures multiple vehicles, and chooses high deductibles. Any new insured who fits that profile gets the lowest rates and therefore will cut their rates substantially.
Potential customers who don't measure up to the "perfect" profile will be charged a more expensive rate which usually ends up with the customer not buying. The ads say "customers that switch" not "everyone that quotes" save that much. This is how insurance companies can state the savings. That is why you need to get as many quotes as possible. It's just too difficult to predict which insurance companies will give you the biggest savings.
Additional detailed information can be found at the Illinois Department of Insurance website. Visitors are able to read consumer alerts, get help finding coverage, and find disaster information.
A tidy conclusion
When buying insurance coverage, never reduce coverage to reduce premium. Too many times, drivers have reduced uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. The aim is to purchase plenty of coverage at a price you can afford, not the least amount of coverage.
Lower-priced car insurance is attainable both online and also from your neighborhood Ohio agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies may not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.
We just covered a lot of information how to compare car insurance prices online. It's most important to understand that the more quotes you get, the higher your chance of finding lower rates. You may be surprised to find that the lowest rates come from some of the lesser-known companies.
