Pekin Auto Insurance For Less Than You're Paying Now

Comparing Pekin auto insurance rates online can be complicated if you are a beginner to online rate quotes. But don't be discouraged because we're going to show you how.

It's important to shop coverage around periodically since insurance rates are constantly changing. Even if you got the lowest rates a couple years back you will most likely find a better rate today. So just forget anything you know (or think you know) about auto insurance because it's time to teach you the tricks you need to know to find better rates and still maintain coverage.

Finding affordable coverage in Pekin is quite easy. If you currently have car insurance, you will most likely be able to lower your premiums substantially using this information. Illinois drivers only need an understanding of the most effective way to compare rates over the internet.

Policy discounts you shouldn't miss

Companies don't always list all their discounts very clearly, so we break down some of the best known as well as the least known savings tricks you should be using. If you're not getting every credit you qualify for, you are throwing money away.

New Vehicle Savings - Putting insurance coverage on a new car is cheaper compared to insuring an older model.
Good Student - Performing well in school can save 20 to 25%. This discount can apply well after school through age 25.
Life Insurance - Larger companies have a discount if you purchase life insurance from them.
Drivers Education - Make teen driver coverage more affordable by requiring them to complete a driver education course if it's offered in school.
Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
Lower Rates for Military - Being on active duty in the military may qualify for rate reductions.
Federal Employees - Active or retired federal employment can earn a discount up to 10% with select insurance companies.
Anti-lock Brake System - Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.

Consumers should know that most discounts do not apply to the entire policy premium. Most only cut individual premiums such as liability, collision or medical payments. So even though it sounds like you would end up receiving a 100% discount, companies don't profit that way.

Insurance agents can help

When it comes to buying adequate coverage for your vehicles, there isn't really a one size fits all plan. Everyone's needs are different.

For example, these questions may help highlight whether your personal situation would benefit from professional advice.

Should I file a claim if it's only slightly more than my deductible?
Should I buy only the required Illinois minimum liability coverage?
When does my teenage driver need to be added to my policy?
Who is covered when they drive my vehicle?
Is rental equipment covered for theft or damage?
Should I rate my vehicle as pleasure use or commute?

If you're not sure about those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It's fast, doesn't cost anything and can help protect your family.

Save $429 a year? Really?

Illinois drivers get pounded daily by advertisements for cheaper car insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise of big savings after switching your coverage to them.

How does each company say the same thing?

Different companies have a certain "appetite" for the type of customer that earns them a profit. For example, a desirable insured might be profiled as a mature driver, a clean driving record, and drives less than 10,000 miles a year. A propective insured who meets those qualifications will qualify for the lowest rates and is almost guaranteed to save when switching.

Drivers who don't qualify for these standards will have to pay a higher premium and ends up with business not being written. The ad wording is "customers that switch" but not "drivers who get quotes" save that much money. That is how insurance companies can confidently advertise the way they do. Because of the profiling, you should get a wide range of price quotes. It's not possible to predict which company will provide you with the cheapest rates.

More tips and info about auto insurance can be found at the Illinois Department of Insurance website. Illinois drivers can read enforcement actions against agents and companies, file complaints about a company, and view agent and company licensing information.

Also read more on Auto Insurance 101 and this page where you can research Pekin insurance agents.

And the best car insurance company is...

As you go through the steps to switch your coverage, make sure you don't buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped uninsured motorist or liability limits only to regret that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage at a price you can afford.

In this article, we covered many tips how you can reduce auto insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers may even find the best price on auto insurance is with a small local company.

People change insurance companies for a number of reasons such as not issuing a premium refund, high prices, delays in paying claims and even extreme rates for teen drivers. No matter why you want to switch, choosing a new insurance company is less work than it seems.