8 Ways You Can Buy Car Insurance for Less in Reynolds

Paying for high-priced car insurance can take a big chunk out of your bank account and put a big crunch on your finances. Comparison shopping is free, only takes a few minutes, and is a good way to tighten up your finances. 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.

It's important to compare prices yearly since rates are constantly changing. Just because you found the lowest price on your last policy you will most likely find a better rate today. Forget anything you know (or think you know) about car insurance because we're going to demonstrate how to use online quotes to reduce your cost while improving coverage.

Policy discounts you shouldn't miss

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that you may not know about. Certain discounts will be applied when you purchase, but less common discounts must be inquired about before being credited. If you're not getting every credit you deserve, you are throwing money away.

Accident Waiver - Certain companies will forgive one accident before your rates go up as long as you don't have any claims for a particular time prior to the accident.
Life Insurance - Companies who offer life insurance give a discount if you purchase auto and life insurance together.
Bundle and Save - If you have multiple policies with one company you could get a discount of approximately 10% to 15%.
Own a Home - Owning a house in Reynolds can help you save on car insurance due to the fact that maintaining a home shows financial diligence.
Passive Restraint Discount - Factory air bags or automatic seat belts may earn rate discounts of 20% or more.
Drive Less and Save - Fewer annual miles could be rewarded with discounted rates on garaged vehicles.
Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
55 and Retired - If you qualify as a senior citizen, you may be able to get a small decrease in premiums.

A little note about advertised discounts, most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, you won't be that lucky. Any amount of discount will bring down the amount you have to pay.

Insurance agents can help

When it comes to buying the best car insurance coverage for your personal vehicles, there isn't really a "perfect" insurance plan. Everyone's situation is a little different so your insurance should reflect that For example, these questions can help discover whether your personal situation might need an agent's assistance.

I have good health insurance, so how much medical payments coverage do I need?
What are the financial responsibility laws in Illinois?
What is the difference between comprehensive and collision coverage?
When do I need to add a new car to my policy?
Can I rate high risk drivers on liability-only vehicles?
Is my dog or cat covered if injured in an accident?
Are my tools covered if they get stolen from my vehicle?

If you're not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and can help protect your family.

Save $429 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings from the likes of State Farm, GEICO and Progressive. They all seem to make an identical promise about savings after switching your coverage to them.

How does each company make the same claim?

All the different companies have a preferred profile for the type of customer that earns them a profit. For instance, a desirable insured could be between the ages of 30 and 50, has no prior claims, and has great credit. Any new insured who meets those qualifications is entitled to the best price and is almost guaranteed to save when switching.

Consumers who don't qualify for these standards will have to pay higher prices and ends up with business going elsewhere. The ads state "customers that switch" but not "drivers who get quotes" save that much money. This is how companies can truthfully advertise the savings.

Because of the profiling, you should compare as many rates as you can. It's just too difficult to predict which insurance companies will fit your personal profile best.

Learn more about car insurance in Illinois

Additional information is located on the website for the Illinois Department of Insurance located here. Consumers can get help finding coverage, file complaints about an insurance agent or broker, view agent and company licensing information, and report car insurance fraud.

Also read more on this site for Illinois car insurance information and see this list of insurance agents in Reynolds.

In the end, you save

Cheaper car insurance can be sourced from both online companies as well as from independent agents in Reynolds, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who don't offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

When you buy insurance online, make sure you don't buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your aim should be to buy a smart amount of coverage at a price you can afford.

You just learned many tips how you can reduce car insurance prices online. The most important thing to understand is the more rate comparisons you have, the better likelihood of reducing your rate. Drivers may discover the lowest rates come from some of the lesser-known companies. Regional companies may cover specific market segments cheaper compared to the large companies like .