Comparing Cheap Oxford Auto Insurance

Tired of robbing Peter to pay Paul each month for car insurance? Your situation is no different than many other Indiana drivers.

Drivers have so many to buy insurance from, and even though it's nice to have a selection, too many choices makes it more difficult to compare rates.

It's important to compare prices before your policy renews because prices are constantly changing. Even if you think you had the lowest rates two years ago the chances are good that you can find a lower rate today. So forget all the misinformation about auto insurance because you're going to get a crash course in the tricks you need to know to find lower rates on auto insurance.

Finding the cheapest auto insurance in Oxford is not that difficult. Essentially every vehicle owner who has to buy auto insurance stands a good chance to be able to reduce their rates. Nevertheless, Indiana drivers do need to know how big insurance companies market insurance on the web and use this information to your advantage.

More discounts equal less premium

The price of auto insurance can be rather high, but discounts can save money and there are some available to help bring down the price. A few discounts will automatically apply when you quote, but lesser-known reductions have to be specially asked for prior to getting the savings.

Discount for New Cars - Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.
Claim Free - Claim-free drivers can save substantially as compared to bad drivers.
Safety Course Discount - Completing a course in driver safety could save 5% or more and easily recoup the cost of the course.
Save over 55 - Mature drivers may receive a small decrease in premiums.
Memberships - Participating in a qualifying organization could qualify you for a break on auto insurance.
Pay Now and Pay Less - If you pay your bill all at once instead of paying each month you could save up to 5%.
Sign Online - Certain companies will discount your bill up to fifty bucks simply for signing over the internet.

It's important to understand that most credits do not apply to the entire cost. Most only apply to individual premiums such as collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, it doesn't quite work that way. Any qualifying discounts will bring down your premiums.

To see a list of companies with discount auto insurance rates in Indiana, follow this link.

How to Compare Oxford Auto Insurance Rates

Most companies like GEICO, State Farm and Progressive quote price estimates online. This process is quite simple as you just type in into the quote form. Once you submit the form, the company's rating system will obtain credit information and your driving record and returns a price quote. Being able to quote online streamlines rate comparisons, but the process of having to visit a lot of sites and complete many quote forms gets old quite quickly. Unfortunately, it is important to do this if you are searching for a lower rate.

There is an easier way!

The preferred way to lower your auto insurance bill uses one form that obtains quotes from several different companies. It's a real time-saver, eliminates form submissions, and makes online price comparison much more enjoyable. As soon as the form is sent, it is quoted with multiple companies and you can pick any one of the price quotes you receive.

If a lower price is quoted, you can click and sign and purchase the new policy. It takes less than 15 minutes and can result in significant savings.

To find out how much you're overpaying now, click here and enter your vehicle and coverage information. To compare your current rates, we recommend you input the limits and deductibles exactly as they are listed on your policy. This makes sure you're receiving a fair comparison based on the exact same insurance coverage.

How to Lower your Auto Insurance Rates

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates empowers consumers to make smart changes that may reward you with lower auto insurance prices.

Rate your vehicle for proper use - The higher the mileage driven every year the more you will pay for auto insurance. Almost all companies apply a rate determined by how the vehicle is used. Vehicles left parked in the garage qualify for better rates as compared to vehicles used primarily for driving to work. Make sure your auto insurance declarations sheet shows the correct usage for each vehicle.
Your stress level may be raising your rates - Jobs such as lawyers, architects and financial analysts have higher average rates because of job stress and lengthy work days. Conversely, jobs such as farmers, engineers and retirees get better rates.
Add-on coverages can add up - There are quite a few extra bells and whistles that you can buy on your auto insurance policy. Coverages for personal injury protection, towing coverage and additional equipment coverage are examples of these. They may seem good when you first buy your policy, but now you might not need them so eliminate them to save money.
Mature drivers pay less - Teen drivers in Indiana have a tendency to be more careless in a vehicle so they pay higher auto insurance rates. Mature drivers are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel.
Protect yourself with liability coverage - Your policy's liability coverage will protect you if ever a court rules you are at fault for personal injury or accident damage. Liability insurance provides for a legal defense starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so buy as much as you can afford.
Special features that cut premiums - Driving a car with an alarm system can get you a discount on your auto insurance. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your car from being stolen.
Your spouse saves you money - Having a spouse helps lower the price when buying auto insurance. It translates into being more mature and responsible and it's proven that drivers who are married are more cautious.
Do you know you're credit rating? - Credit score is a important factor in your rate calculation. People with high credit scores tend to be more responsible than drivers who have lower credit scores. Therefore, if your credit history is low, you could pay less to insure your by spending a little time repairing your credit.

Switch companies and save? Really?

Auto insurance companies such as GEICO, State Farm and Progressive consistently run ads in print and on television. They all seem to say the same thing of big savings if you change your coverage to them. How does each company make almost identical claims?

All companies can use profiling for the type of customer that is profitable for them. For example, a desirable insured could possibly be between 30 and 50, is a homeowner, and chooses high deductibles. A customer getting a price quote who fits that profile is entitled to the best price and therefore will save when switching.

Potential customers who do not match these standards will have to pay a higher premium which usually ends up with the driver buying from a lower-cost company. The ads state "customers that switch" not "everyone that quotes" save that much money. That's why insurance companies can confidently state the savings.

Because of the profiling, drivers must get quotes from several different companies. It's impossible to know the company that will give you the biggest savings.

Affordable insurance is out there

When buying insurance coverage, it's very important that you do not reduce coverage to reduce premium. In many instances, an accident victim reduced uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy a smart amount of coverage at a price you can afford.

Low-cost auto insurance is attainable online as well as from independent agents in Oxford, so compare prices from both to have the best rate selection. Some insurance companies don't offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

Learn more today

Additional auto insurance information can be found on the website for the Indiana Department of Insurance located here. Indiana consumers can file complaints about an insurance agent or broker, read industry bulletins, discover disciplinary actions, and read enforcement actions against agents and companies.