Car Insurance in Rainbow City, AL - 7 Tips to Save Money

Did you fall for a flashy sales pitch and buy high-priced car insurance? Trust us when we tell you there are a lot of people in Rainbow City just like you who feel imprisoned by their car insurance policy.

Multiple compete for your insurance dollar, so it can be very hard to choose a to discover the definitive lowest price

These seven discounts can lower your rates

Companies do not advertise all available discounts in an easy-to-find place, so here is a list some of the more common and the harder-to-find ways to save on car insurance.

  • Memberships - Belonging to certain professional organizations could trigger savings when buying car insurance.
  • Multiple Vehicles - Buying coverage for multiple vehicles on the same car insurance policy qualifies for this discount.
  • Auto/Life Discount - Companies who offer life insurance give lower rates if you buy auto and life insurance together.
  • Braking Control Discount - Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
  • Fewer Miles Equal More Savings - Fewer annual miles can qualify you for better rates on cars that stay parked.
  • Paperless Signup - A handful of insurance companies will give a small break for buying your policy on their website.
  • Homeowners Discount - Owning a home in Rainbow City may earn you a small savings due to the fact that maintaining a home requires personal responsibility.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears all those discounts means the company will pay you, you won't be that lucky.

To see a list of insurers who offer car insurance discounts in Rainbow City, click this link.

Comprehensive Rainbow City Car Insurance Comparison

Most companies such as Allstate, GEICO and Progressive provide prices on the web. Getting quotes is quite easy as you just enter the coverages you want as detailed in the form. Once you submit the form, their rating system will obtain your driving and credit reports and returns pricing information based on these and other factors. Quoting online simplifies rate comparisons, but the time it takes to visit several different sites and fill out multiple forms gets old quite quickly. But it's very important to have as many quotes as possible if you want to find better car insurance pricing.

Quote rates the easy way

The preferred way to lower your rates is to use a quote form to get prices from several different companies. The form is fast, eliminates repetitive work, and makes online price comparison much more efficient. Once the form is submitted, it gets priced and you can select any of the price quotes you receive. If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. The whole process takes just a few minutes to complete and you will find out if you're overpaying now.

To find out what other companies charge, click here to open in new window and complete the simple form. If you have a policy now, it's recommended you complete the form with the limits and deductibles as close as possible to your current policy. This makes sure you're receiving rate comparison quotes based on the exact same insurance coverage.

Are you falling for claims of savings?

Allstate, GEICO and Progressive continually stream ads on television and other media. All the companies make the same claim about savings after switching to their company. How do they all make the same claim? This is how they do it.

All the different companies are able to cherry pick for the driver that is profitable for them. An example of a profitable customer could be between 30 and 50, has no driving citations, and has a high credit rating. Any new insured who matches those parameters will qualify for the lowest rates and as a result will probably cut their rates substantially.

Potential customers who are not a match for the "perfect" profile must pay a more expensive rate which leads to business going elsewhere. The ad wording is "drivers who switch" not "everybody who quotes" save that much. That's the way companies can truthfully state the savings. This illustrates why drivers must get a wide range of price quotes. It's just too difficult to predict which car insurance company will have the lowest rates.

Do the work, save more money

Cheaper car insurance can be purchased from both online companies and also from your neighborhood Rainbow City agents, so compare prices from both to have the best rate selection. Some insurance companies may not provide the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

As you restructure your insurance plan, never reduce coverage to reduce premium. In too many instances, someone sacrificed comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. Your focus should be to get the best coverage possible for the lowest price while not skimping on critical coverages.

Learn more about Alabama car insurance

Even more information is available at the Alabama Department of Insurance website. Consumers can find out which companies have the most complaints, report car insurance fraud, file complaints about an insurance agent or broker, and find out industry alerts.