Top 7 Ways to Save Money on Car Insurance in Rosemont

Scraping up a payment for overpriced car insurance can take a big chunk out of your checking account and force you to make sacrifices. Doing a price comparison is a smart way to tighten up your finances.

You have multiple to buy insurance from, and though it is a good thing to have multiple companies, having more makes it harder to compare rates.

It's important to do rate comparisons yearly since rates are constantly changing. Even if you think you had the best rates last year a different company probably has better rates today. There is too much inaccurate information about car insurance online but we're going to give you some great ways to find cheap car insurance.

Finding affordable coverage in Rosemont is easy if you know what you're doing. In a nutshell, anyone who is required by state law to have car insurance will be able to cut their insurance bill. But Illinois consumers do need to know how big insurance companies market insurance on the web.

Policy discounts you shouldn't miss

Companies offering auto insurance don't always publicize every available discount very clearly, so the following is a list of both the well known as well as the least known car insurance savings.

Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
Discount for Life Insurance - Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
Safety Course Discount - Completing a defensive driving course could cut 5% off your bill if you qualify.
Resident Student - Children living away from home attending college and don't have a car can receive lower rates.
Multi-policy Discount - If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
Anti-theft Discount - Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you can actually save on your bill.

Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most only apply to individual premiums such as comprehensive or collision. Just because it seems like all the discounts add up to a free policy, companies wouldn't make money that way.

Insurance agents can help

When it comes to buying coverage for your personal vehicles, there isn't really a "best" method to buy coverage. Everyone's situation is a little different so your insurance needs to address that. For example, these questions can help discover whether your personal situation might need professional guidance.

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?
Should I rate my vehicle as pleasure use or commute?
Do I pay less if my vehicle is kept in my garage?
What is the difference between comprehensive and collision coverage?
Am I covered when renting a car or should I buy coverage from the car rental agency?
Do I have any recourse if my insurance company denies a claim?

If you don't know the answers to these questions but a few of them apply, you may need to chat with 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.

Save $429 a year? Really?

Companies like Allstate and Progressive consistently run television and radio advertisements. All the ads say the same thing that you'll save big if you change to them. How does each company claim to save you money?

All companies have a preferred profile for the type of driver that earns them a profit. A good example of a preferred risk might be between 30 and 50, has no prior claims, and has great credit. Any new insured who fits that profile is entitled to the best price and is almost guaranteed to save when switching.

Consumers who don't qualify for these standards will be charged higher rates which usually ends up with the customer not buying. Company advertisements say "customers that switch" but not "drivers who get quotes" save money. This is how companies can advertise the savings. That is why drivers should get as many quotes as possible. It's just too difficult to predict which insurance companies will give you the biggest savings.

Learn more about car insurance in Illinois

More detailed Illinois car insurance information can be read at the Illinois Department of Insurance website. Visitors are able to find out industry alerts, file complaints about an insurance agent or broker, discover disciplinary actions, and read enforcement actions against agents and companies.

Affordable insurance is out there

As you prepare to switch companies, it's very important that you do not skimp on coverage in order to save money. Too many times, consumers will sacrifice full coverage and found out when filing a claim that the small savings ended up costing them much more. The aim is to buy enough coverage at a price you can afford, not the least amount of coverage.

Budget-conscious car insurance is attainable both online and with local Rosemont insurance agents, so compare prices from both to get a complete price analysis. There are still a few companies who do not offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.