10 Methods to Save on Car Insurance in Rankin

Scraping up a payment for overpriced car insurance can drain your savings account and put a big crunch on your finances. Doing a price comparison is a smart way to help make ends meet.

Big-name insurance companies like GEICO and Progressive continually hit you with ads and it is difficult to sift through the bull and effectively compare rates to find the best deal.

It's important to do rate comparisons yearly since rates are constantly changing. Despite the fact that you may have had the best price last year you can probably find a lower rate today. Forget anything you know (or think you know) about car insurance because you're about to find out one of the best ways to get good coverage at a lower rate.

If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Finding affordable coverage in Rankin is easy if you know what you're doing. But Illinois consumers do need to know the way insurance companies compete online and apply this information to your search.

Rankin car insurance quote

How to Get Cheap Car Insurance in Rankin, IL

The are a couple different ways to get quotes from local Rankin car insurance companies. The best method to compare insurance prices is to use the internet to compare rates. This can be done using a couple different methods.

  • The recommended way to get the best comparison quotes is a comparison rater form (click to open form in new window). This method eliminates the need for separate quotation requests for every car insurance company. A single, simple form will get you rate comparisons from car insurance companies with the best prices.
  • A more time consuming way to shop for car insurance online requires you to visit the website for each individual company and fill out their own quote form. For instance, let's assume you want comparison quotes from , and . To get rate quotes you would need to go to every website and enter your policy data, which is why the first method is more popular. For a list of links to companies insuring cars in Rankin, click here.

Which method you use is up to you, but make sure you use exactly the same coverage information for every quote you compare. If your comparisons have unequal deductibles or liability limits it will be impossible to determine the best price in Rankin. Just a small difference in insurance coverages can mean a large discrepancy in price. And when comparing car insurance rates, know that more quotes will improve the odds of getting the best offered rates.

Policy discounts you shouldn't miss

Car insurance is not cheap, but you may find discounts to cut the cost considerably. Larger premium reductions will be automatically applied at the time of purchase, but less common discounts must be asked for prior to receiving the credit.

  • Anti-lock Brake Discount - Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.
  • Discount for Life Insurance - Select insurance companies reward you with better rates if you take out a life insurance policy as well.
  • Senior Citizens - Mature drivers may be able to get reduced rates.
  • Government Employees - Being employed by or retired from a federal job can save as much as 8% with certain companies.
  • Multi-policy Discount - When you combine your home and auto insurance with one company you could get a discount of up to 20% off your total premium.
  • Anti-theft Discount - Anti-theft and alarm systems help deter theft and will save you 10% or more.
  • Own a Home - Being a homeowner may trigger a car insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
  • Payment Method - If you pay your bill all at once instead of paying each month you can actually save on your bill.
  • Accident Waiver - A handful of insurance companies will forgive one accident before raising your premiums if you are claim-free prior to the accident.
  • E-sign - Certain companies may give you up to $50 for buying a policy and signing up digitally online.

Consumers should know that most credits do not apply to your bottom line cost. A few only apply to individual premiums such as comprehensive or collision. So even though it sounds like it's possible to get free car insurance, companies don't profit that way. But all discounts will reduce the amount you have to pay.

To see a list of providers who offer car insurance discounts in Rankin, follow this link.

Insurance agents can help

When choosing the right insurance coverage for your personal vehicles, there really is not a "best" method to buy coverage. Everyone's needs are different and a cookie cutter policy won't apply. For example, these questions can help discover whether your personal situation would benefit from professional advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • When does my teenage driver need to be added to my policy?
  • Should I put collision coverage on all my vehicles?
  • Do I have coverage for damage caused while driving under the influence?
  • What is the difference between comprehensive and collision coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Does my policy cover my teen driver if they drive my company car?

If you don't know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.

Much more information about car insurance in Illinois can be found on the website for the Illinois Department of Insurance located here. Visitors are able to find out industry alerts, view agent and company licensing information, learn about insurance regulations, and download brochures.