5 Best Ways to Lower Car Insurance Costs in Pontiac
Shopping for the most affordable Pontiac car insurance on the internet is impossible for people who are new to price shopping online. With so many choices of choices, how can consumers even start to compare them all to find the cheapest rates?
It's important to check car insurance prices on a regular basis since rates are constantly changing. Just because you found the best price last year the chances are good that you can find a lower rate today. Ignore everything you know about car insurance because we're going to demonstrate the quickest way to find better coverage at a better price.
Be sure to get all your discounts
Auto insurance companies don't always advertise all their discounts very clearly, so we took the time to find both the well known and the more hidden car insurance savings. If you're not getting every credit you deserve, you're paying more than you need to.
- College Student - Children who attend school more than 100 miles from home and don't have a car can receive lower rates.
- Sign Online - A handful of insurance companies may give you up to $50 for buying your policy over the internet.
- Multiple Cars - Buying insurance for all your vehicles on the same car insurance policy could earn a price break for each car.
- Bundle and Save - When you combine your home and auto insurance with one company you could get a discount of approximately 10% to 15%.
- Anti-lock Brake Discount - Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
As a disclaimer on discounts, most credits do not apply to all coverage premiums. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, car insurance companies aren't that generous.
To see a list of companies with discount car insurance rates in Illinois, follow this link.
Which Car Insurance is Cheapest in Pontiac, Illinois?
There are several ways to compare car insurance quotes, and some are easier and takes less work. You can waste a lot of time talking to insurance agencies in Pontiac, or you can utilize the web to quickly compare rates.
Many insurance companies participate in an industry program that allows shoppers to only type in their quote data once, and each company then gives them pricing based on the submitted data. This eliminates the need for quote forms to each individual car insurance company.
To submit your quote information now, click to open in new window.
The one downside to pricing coverage this way is you are unable to specify which carriers to receive prices from. So if you want to choose specific insurance companies to compare rates, we put together a list of low cost car insurance companies in Illinois. Click here to view list.
Which method you use is up to you, but ensure you are comparing identical quote information with every price quote. If each company quotes mixed coverages it will be impossible to find the best deal in Pontiac.
Is there truth in advertising?
Consumers in Illinois can't get away from ads for car insurance savings by companies like Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing about savings if you change to them.
How does each company claim to save you money?
All the different companies have a preferred profile for the type of driver that is profitable for them. For example, a desirable insured might be a mature driver, insures multiple vehicles, and has great credit. Any new insured who fits that profile will qualify for the lowest rates and is almost guaranteed to save when switching.
Potential customers who don't measure up to these standards will have to pay a more expensive rate which usually ends up with the customer not buying. The ad wording is "people who switch" but not "drivers who get quotes" save money. This is how companies can truthfully advertise the savings. Because of the profiling, drivers must quote coverage with many companies. It's just too difficult to predict which insurance companies will give you the biggest savings.
Best coverage at the best price
As you prepare to switch companies, it's very important that you do not reduce coverage to reduce premium. There are many occasions where drivers have reduced physical damage coverage only to regret at claim time that the small savings ended up costing them much more. Your aim should be to get the best coverage possible at an affordable rate.
Cheap car insurance can be sourced both online and with local Pontiac insurance agents, and you need to price shop both to have the best rate selection. There are still a few companies who do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.
We just covered a lot of information how to compare car insurance prices online. It's most important to understand that the more times you quote, the better your chances of lowering your rates. Drivers may discover the best price on car insurance is with an unexpected company.
For more Illinois car insurance information
Even more information can be found at the Illinois Department of Insurance website. Visitors are able to read enforcement actions against agents and companies, get help finding coverage, and report car insurance fraud.
