How to Know You're Throwing Money Away for Auto Insurance in Schaumburg

Are you sick and tired of paying out the nose each month for car insurance? You are in the same boat as most other car owners in Illinois. Big-name insurance companies like GEICO and Progressive all promote huge savings with catchy ads and consumers find it hard to sift through the bull and do the work needed to find the best deal.

It's important to take a look at other company's rates before your policy renews since insurance rates are constantly changing. Even if you got the lowest price six months ago you can probably find a lower rate today. Forget all the misinformation about auto insurance because you're about to find out the only way to properly buy coverages while reducing your premium.

If you have insurance now or need a new policy, you can follow these tips to find better prices while maximizing coverage. Finding affordable coverage in Schaumburg is easy if you know what you're doing. Illinois vehicle owners just need to know the proper methods to compare prices online.

Illinois auto insurance

Cheap Schaumburg Auto Insurance Comparisons

Comparing auto insurance rates can take time and effort if you aren't aware of the easiest way. You can spend countless hours discussing policy coverages with local insurance agents in Schaumburg, or you could use the internet to get rate comparisons in just a few minutes.

The majority of car insurance companies enroll in a system that allows shoppers to complete one form, and each participating company can provide price quotes based on that information. This saves time by eliminating quotation requests for each company you want a rate for. To submit your quote information now, click to open in new window.

One minor caviat to comparing rates this way is that consumers can't choose the providers you will receive quotes from. So if you prefer to pick from a list of companies to request quotes from, we have a page of companies who write auto insurance in Illinois. Click here for list of insurance companies in Illinois.

It's up to you which method you use, but ensure you're using exactly the same coverage limits and deductibles on every quote you get. If the quotes have different liability limits you can't possibly determine which rate is truly the best in Schaumburg.

How much can you save with discounts?

Companies don't always advertise every available discount in a way that's easy to find, so we researched some of the best known and also the lesser-known savings tricks you should be using. If you aren't receiving every discount available, you're paying more than you need to.

  • Passive Restraints - Vehicles with factory air bags can qualify for discounts of more than 20%.
  • Employee of Federal Government - Being employed by or retired from a federal job could cut as much as 10% off with certain companies.
  • Multi-policy Discount - When you combine your home and auto insurance with one company you will save at least 10% off all policies.
  • Seat Belts Save - Drivers who require all occupants to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Resident Student - Kids in college who are attending college and do not have a car can receive lower rates.
  • Payment Discounts - If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
  • Theft Prevention Discount - Cars that have factory anti-theft systems help deter theft and earn discounts up to 10%.
  • Drivers Ed for Students - Have your child take driver's ed class in school.
  • Low Mileage - Driving fewer miles could be rewarded with discounted rates on garaged vehicles.

Consumers should know that most discount credits are not given to the entire cost. Most only reduce specific coverage prices like medical payments or collision. Just because it seems like adding up those discounts means a free policy, companies don't profit that way.

To see a list of providers offering auto insurance discounts in Schaumburg, click here to view.

Learn more today

More detailed Illinois auto insurance information is located at the Illinois Department of Insurance website. Illinois drivers can find out industry alerts, download brochures, read consumer alerts, and find a variety of consumer forms.