How to Know You're Throwing Money Away for Car Insurance in Plymouth

Are you tired of not being able to afford each month for car insurance? Your situation is no different than many other Iowa drivers.

Drivers have so many to pick from, and although it's nice to have multiple companies, too many choices makes it more difficult to compare rates.

Finding the best rates in Plymouth is quite easy. If you have car insurance now, you will be able to lower your premiums substantially using this strategy. Nevertheless, Iowa car owners do need to know the methods companies use to market on the web and apply this information to your search.

Are you getting all your discounts?

Companies do not list every discount very clearly, so we took the time to find some of the more common and also the lesser-known discounts you could be receiving.

  • Claim Free - Claim-free drivers can save substantially when compared to drivers who are more careless.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
  • Employee of Federal Government - Active or retired federal employment can save as much as 8% with a few car insurance companies.
  • Multiple Policy Discount - If you have multiple policies with one insurance company you will save up to 20% off your total premium.
  • Good Students Pay Less - Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
  • More Vehicles More Savings - Buying coverage for multiple cars or trucks on one policy can get a discount on all vehicles.
  • Homeowners Pay Less - Simply owning a home can save you money because of the fact that having a home is proof that your finances are in order.
  • Lower Rates for Military - Being deployed with a military unit can result in better rates.

Consumers should know that some credits don't apply to the entire cost. Most only reduce specific coverage prices like comp or med pay. So despite the fact that it appears it's possible to get free car insurance, companies don't profit that way.

How can Progressive, Allstate and GEICO save drivers who switch?

Car insurance providers like Progressive, Allstate and GEICO regularly use ads on television and other media. They all have a common claim of big savings if you move your coverage to them. How does each company make the same claim? It's all in the numbers.

All companies can use profiling for the type of customer that earns them a profit. For example, a driver they prefer could be over the age of 40, has no tickets, and drives newer vehicles. A customer that hits that "sweet spot" will get the preferred rates and as a result will probably save when switching.

Consumers who are not a match for these standards will be quoted higher rates and this can result in business going elsewhere. The ads state "customers who switch" not "everybody who quotes" save that much money. That's why insurance companies can confidently claim big savings. This emphasizes why you should get a wide range of price quotes. Because you never know the company that will give you the biggest savings.

More tips and info about car insurance can be found at the Iowa Insurance Division website. Consumers can read industry bulletins, download brochures, view agent and company licensing information, and find out which companies have the most complaints.

Also read more on this online resource for car insurance quotes in Iowa and this list of insurance agents in Plymouth.

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Final considerations

When trying to cut insurance costs, make sure you don't buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped physical damage coverage only to regret at claim time that it was a big mistake. Your strategy should be to get the best coverage possible at the best price while still protecting your assets.

Cost effective car insurance is definitely available from both online companies as well as from independent agents in Plymouth, and you need to comparison shop both to get a complete price analysis. A few companies don't offer you the ability to get quotes online and these regional insurance providers work with independent agents.