Car Insurance in Osyka - 7 Ways to Save Money

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Believe me when I say you're not alone. Lots of contend for your insurance dollar, so it can be very hard to choose a and uncover the absolute lowest price

It's important to take a look at other company's rates every six months since rates are constantly changing. Even if you got the best price six months ago a different company probably has better rates today. Forget anything you know (or think you know) about car insurance because I'm going to let you in on the secrets to the tricks you need to know to properly buy coverages while reducing your premium.

Take advantage of discounts

Car insurance companies do not advertise every available discount in an easy-to-find place, so we took the time to find some of the more common and also the lesser-known savings tricks you should be using. If they aren't giving you every credit possible, you are throwing money away.

Anti-theft System - Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
Multiple Vehicles - Insuring multiple vehicles on one policy can get a discount on all vehicles.
Life Insurance - Companies who offer life insurance give lower rates if you buy life insurance from them.
Anti-lock Brake System - Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
55 and Retired - If you qualify as a senior citizen, you may be able to get better car insurance rates.
Clubs and Organizations - Belonging to certain professional organizations is a good way to get lower rates on your policy.
Federal Government Employee - Active or retired federal employment can earn a discount up to 10% with certain companies.

As a disclaimer on discounts, most discounts do not apply to all coverage premiums. Most only reduce specific coverage prices like comprehensive or collision. So despite the fact that it appears you could get a free car insurance policy, car insurance companies aren't that generous.

Are car insurance companies telling the truth?

Consumers get pounded daily by advertisements that promise big savings by Allstate and Progressive. All the ads make an identical promise about savings after switching to their company.

How do they all make the same claim? It's all in the numbers.

Different companies are able to cherry pick for the driver that earns them a profit. For example, a preferred risk could be between 30 and 50, has no driving citations, and has a high credit rating. Any new insured who meets those qualifications will get the preferred rates and most likely will cut their rates substantially.

Potential customers who don't qualify for the "perfect" profile will be charged higher prices and ends up with business going elsewhere. The ads state "customers who switch" not "people who quote" save that much. That's the way companies can truthfully state the savings. That is why drivers should compare as many rates as you can. It's just too difficult to predict which car insurance company will have the lowest rates.

Even more information can be found at the Mississippi Insurance Department website. Consumers can read consumer alerts, report car insurance fraud, file complaints about an insurance agent or broker, and read enforcement actions against agents and companies.

A tidy conclusion

As you restructure your insurance plan, never skimp on coverage in order to save money. Too many times, someone sacrificed physical damage coverage only to regret at claim time that they should have had better coverage. The aim is to get the best coverage possible at the best price, not the least amount of coverage.

Cheap car insurance can be purchased from both online companies and also from your neighborhood Osyka agents, so compare prices from both so you have a total pricing picture. Some insurance companies may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.