8 Money Saving Ideas Guaranteed to Save Money on Car Insurance Costs in Rockport

Overpriced car insurance can take a big chunk out of your checking account and force you to prioritize other expenses. Shopping your coverage around is a great way to reduce premiums and put more money in your pocket.

Because you have many companies to choose from, it can be hard to find the lowest cost company.

It's important to compare rates quite often since rates are constantly changing. If you had the best rates a few years ago you can probably find a better price now. You can find a lot of misleading information regarding car insurance on the internet, so we're going to give you some great ways to quit paying high car insurance rates.

Rockport car insurance quote

Take advantage of discounts

Car insurance is not cheap, but there could be available discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you complete an application, but some may not be applied and must be manually applied before they will apply.

  • Anti-lock Brakes - Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • 55 and Retired - If you're over the age of 55, you can possibly qualify for better car insurance rates.
  • Government Employees - Employees or retirees of the government can save as much as 8% with certain companies.
  • Life Insurance Discount - Some companies give a break if you buy a life insurance policy as well.
  • Low Mileage - Keeping the miles down could qualify for a substantially lower rate.
  • Defensive Driving Course - Completing a driver safety course could cut 5% off your bill if your company offers it.
  • Good Student Discount - This discount can get you a discount of up to 25%. The good student discount can last up to age 25.
  • Own a Home - Being a homeowner can save you money because of the fact that having a home demonstrates responsibility.

Keep in mind that some credits don't apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as comprehensive or collision. So when the math indicates all the discounts add up to a free policy, it just doesn't work that way. But any discount will help reduce your overall premium however.

To choose providers with the best car insurance discounts in Indiana, click here.

Are car insurance companies telling the truth?

Companies like Allstate and Progressive regularly use ads on TV and radio. All the ads have a common claim that you can save if you move to their company. But how can every company make the same claim?

All companies have a preferred profile for the driver that makes them money. A good example of a preferred risk could be a mature driver, insures multiple vehicles, and drives less than 7,500 miles a year. Any new insured that hits that "sweet spot" will get very good rates and most likely will save a lot of money.

Consumers who don't qualify for this ideal profile will be charged higher rates and this can result in business going elsewhere. The ads say "people who switch" not "people who quote" save that much. This is how insurance companies can advertise the way they do.

That is why you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

How to know if you need help

When buying coverage for your personal vehicles, there really is no "perfect" insurance plan. Each situation is unique and your policy should reflect that. These are some specific questions may help you determine whether your personal situation would benefit from professional advice.

  • Do I need PIP (personal injury protection) coverage in Indiana?
  • Should I put collision coverage on all my vehicles?
  • Am I covered if I drive in a foreign country?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What happens if I owe more than my vehicle is worth?
  • Is my dog or cat covered if injured in an accident?
  • Should I have combined single limit or split liability limits?
  • Do I need to file an SR-22 for a DUI in Indiana?

If you can't answer these questions but a few of them apply then you might want to talk to a licensed insurance agent. If you don't have a local agent, complete this form or click here for a list of car insurance companies in your area.

More sites with car insurance information

More information can be read on the website for the Indiana Department of Insurance through this link. Consumers can read consumer alerts, learn about insurance regulations, download brochures, and find out industry alerts.

Other informative sites include BankRate.com's Car Insurance: When not to Skimp and this directory of Rockport insurance agents.

Rockport car insurance comparison

Do the work, save more money

When shopping online for car insurance, do not buy poor coverage just to save money. Too many times, drivers have reduced collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to find the BEST coverage at an affordable rate, not the least amount of coverage.

Affordable car insurance is definitely available from both online companies and also from your neighborhood Rockport agents, and you need to price shop both to get a complete price analysis. Some car insurance companies may not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.