Tightwads Tips for Saving on Pierceton Car Insurance

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Believe me, you're not the only one. Drivers have multiple to buy insurance from, and though it is a good thing to have multiple companies, it can be more challenging to compare rates.

Buying car insurance in Pierceton is easy if you know what you're doing. If you have a policy now or are shopping for new coverage, you can learn to find better prices and still get good coverage. Indiana vehicle owners just need to know the proper methods to get comparison quotes on the web.

Take advantage of discounts

Companies offering auto insurance don't always advertise every discount very clearly, so the following is a list of some of the more common and also the lesser-known ways to save on car insurance. If you're not getting every credit possible, you are throwing money away.

Pay Now and Pay Less - If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
Clubs and Organizations - Belonging to a qualifying organization could trigger savings when shopping for car insurance.
Multiple Cars - Insuring all your vehicles on one policy can get a discount on all vehicles.
New Car Discount - Adding a new car to your policy is cheaper due to better safety requirements for new cars.
Discount for Good Grades - Performing well in school can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
Distant Student - Any of your kids living away from home attending college and don't have a car may qualify for this discount.
Theft Prevention System - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
Service Members Pay Less - Having a family member in the military could be rewarded with lower premiums.
Federal Government Employee - Active or retired federal employment may qualify you for a discount with a few car insurance companies.
Passive Restraints - Cars that have air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.

Drivers should understand that most discount credits are not given to all coverage premiums. Most cut specific coverage prices like liability and collision coverage. Just because you may think having all the discounts means you get insurance for free, companies wouldn't make money that way.

Pierceton Rates are Influenced by These Factors

Smart consumers have a good feel for the rating factors that play a part in calculating your car insurance rates. Knowing what controls the rates you pay enables informed choices that will entitle you to big savings.

Special features that cut premiums - Choosing a vehicle with a theft deterrent system can get you a discount on your car insurance. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
Don't sacrifice liability coverage - Your policy's liability coverage provides coverage when you are found to be at fault for causing damage or personal injury in an accident. It will provide you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should carry high limits.
Do you know your deductibles? - Physical damage deductibles define the amount you are willing to pay out-of-pocket if you file a covered claim. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some instances where coverage would apply are running into the backend of another car, damage from fire, and windstorm damage. The more expense you are required to pay out-of-pocket, the less your car insurance will be.
Older drivers pay less - Young drivers in Indiana have a tendency to be careless and easily distracted when behind the wheel so they pay higher car insurance rates. Older insureds are more cautious drivers, file fewer claims and receive fewer citations.
How's your driving record? - A bad driving record has a lot to do with how much you pay for insurance. Careful drivers get better rates than their less careful counterparts. Only having one ticket can boost insurance rates forty percent or more. If you have dangerous violations such as reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with their state motor vehicle department in order to prevent a license revocation.
Do you qualify for a multi-policy discount? - Some car insurance companies provide better rates to policyholders who carry more than one policy in the form of a multi-policy discount. Even though this discount sounds good, it's still a good idea to compare other company rates to ensure the best deal. Drivers may still find a better deal by buying insurance from more than one company.

Are car insurance companies telling the truth?

Consumers get pounded daily by advertisements that promise big savings by State Farm, Allstate and GEICO. They all make the same claim that you'll save big if you change to their company.

How does each company make the same claim? It's all in the numbers.

All the different companies are able to cherry pick for the driver that earns them a profit. A good example of a driver they prefer could be between 30 and 50, has no driving citations, and has a high credit rating. A customer who matches those parameters gets the lowest rates and most likely will save when switching.

Potential customers who don't qualify for these standards will be quoted a higher premium which leads to business going elsewhere. The ads say "customers who switch" not "people who quote" save that much. That's the way companies can state the savings. This emphasizes why drivers should get a wide range of price quotes. Because you never know which car insurance company will have the lowest rates.

Learn more about Indiana car insurance

More detailed Indiana car insurance information can be read at the Indiana Department of Insurance website. Consumers can view a list of available companies, find out which companies have the most complaints, report car insurance fraud, and read enforcement actions against agents and companies.

Best coverage at the best price

Budget-conscious car insurance can be sourced from both online companies and also from your neighborhood Pierceton agents, so compare prices from both to have the best rate selection. Some insurance companies may not provide you the ability to get quotes online and these small insurance companies work with independent agents.

As you restructure your insurance plan, it's very important that you do not skimp on coverage in order to save money. There have been many situations where someone sacrificed collision coverage and discovered at claim time that they should have had better coverage. The proper strategy is to purchase plenty of coverage at the best price while still protecting your assets.