How to Find Cheap Palo Auto Insurance

Shopping for the cheapest Palo auto insurance over the internet can be rather challenging for consumers new to online price comaprisons. When there are so many insurers to choose from, how can consumers possibly compare the different rates to find the lowest price available?

It's important to compare rates on a regular basis because insurance rates are constantly changing. Even if you think you had the best deal a few years ago you can probably find a better price now. Starting right now, ignore everything you know about auto insurance because you're about to learn the only way to properly buy coverages and cut your premium.

You have some control over your rates

Consumers need to have an understanding of the different types of things that play a part in calculating the price you pay for auto insurance. Knowing what influences your rates enables informed choices that may reward you with better auto insurance rates.

Shown below are some of the factors auto insurance companies consider when setting rates.

Pay less after the wedding - Being married helps lower the price on your policy. It means you're more mature it has been statistically shown that married drivers get in fewer accidents.
Extra add-on coverages are wasting money - There are quite a few add-on coverages that you can buy on your auto insurance policy. Coverages for roadside assistance, towing coverage and term life insurance may be costing you every month. These coverages may sound good when talking to your agent, but if they're wasting money eliminate them to save money.
Lower miles equals lower premium - The higher the mileage driven in a year's time the more you will pay for auto insurance. Most insurance companies apply a rate based on their usage. Cars and trucks that are left in the garage can get a lower rate than those used for commuting. Verify your auto insurance declarations sheet shows the correct usage for each vehicle, because it can save money.
Discounts for multiple policies - Some insurers will give a discount to customers who carry more than one policy in the form of a multi-policy discount. Even with this discount, it's in your best interest to comparison shop to ensure the best deal.
Safer cars are cheaper to insure - Safer cars can get you lower premiums. These vehicles reduce injuries and lower injury rates translates into savings for insurance companies and thus lower rates.
How credit affects auto insurance rates - Credit score is a huge factor in determining what you pay for auto insurance. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with poor credit. So if your credit history is low, you could save money insuring your by spending a little time repairing your credit.

Save big with these discounts

Companies offering auto insurance don't list all their discounts very clearly, so here is a list both well-publicized and the harder-to-find savings tricks you should be using.

Sign Online - Some insurance companies will discount your bill up to fifty bucks just for signing your application over the internet.
Drive Less and Save - Low mileage vehicles can qualify you for discounted rates on garaged vehicles.
Safety Course Discount - Taking a course in driver safety could cut 5% off your bill if your company offers it.
Discount for New Cars - Insuring a new car can cost up to 25% less compared to insuring an older model.
Government Employees - Employees or retirees of the government can earn a discount up to 10% with select insurance companies.

Keep in mind that most discounts do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates you could get a free auto insurance policy, it just doesn't work that way.

To choose companies with discount auto insurance rates in Iowa, click here to view.

Auto insurance ads bend the truth

Auto insurance companies such as State Farm, GEICO and Progressive consistently run ads on TV and radio. They all seem to make an identical promise that you can save if you change to their company. How does each company make almost identical claims? This is how they do it.

Different companies have a preferred profile for the driver that makes them money. An example of a desirable insured could possibly be between the ages of 30 and 50, insures multiple vehicles, and has a short commute. A driver who meets those qualifications will get very good rates and most likely will save when switching.

Potential customers who fall outside these standards will have to pay a more expensive rate and ends up with the driver buying from a lower-cost company. The ads say "drivers who switch" not "people who quote" save that much. This is how insurance companies can make the claims of big savings. Because of the profiling, you should get a wide range of price quotes. It is impossible to predict which insurance companies will fit your personal profile best.

Additional detailed information is available at the Iowa Insurance Division website. Iowa consumers can get help finding coverage, discover disciplinary actions, and file complaints about an insurance agent or broker.

Shop smart and save

Affordable auto insurance is attainable online and also from your neighborhood Palo agents, and you should compare price quotes from both to have the best rate selection. Some insurance providers may not provide online price quotes and most of the time these smaller companies sell through independent agents.

As you shop your coverage around, never buy poor coverage just to save money. In many cases, drivers have reduced comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to find the BEST coverage for the lowest price.

People leave their current company for any number of reasons including an unsatisfactory settlement offer, delays in responding to claim requests, delays in paying claims or even policy non-renewal. Whatever your reason, switching auto insurance companies is easier than you think.