Easy Techniques to Spend Less on Sellersburg Auto Insurance

Are you intimidated by the sheer number of auto insurance company choices in Sellersburg? You have a lot of company. People have so many choices that it can turn into a lot of work to compare prices.

If you have a current auto insurance policy or need new coverage, you can learn to shop for the lowest rates while maximizing coverage. This information will help educate you on how to get online quotes and some tips to save money. Indiana vehicle owners just need to know the proper way to shop for auto insurance over the internet.

These discounts can lower your rates

Companies that sell car insurance do not advertise every discount in a way that's easy to find, so we break down some of the best known and the harder-to-find savings tricks you should be using. If you aren't receiving every discount possible, you are throwing money away.

Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
Multiple Vehicles - Buying coverage for multiple vehicles on one policy qualifies for this discount.
Senior Discount - If you qualify as a senior citizen, you may be able to get a discount up to 10%.
Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class if it's offered in school.
Military Discounts - Being on active duty in the military may qualify for rate reductions.
Passive Restraints and Air Bags - Cars that have air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.
No Claims - Drivers with accident-free driving histories can save substantially when compared to drivers who are more careless.
New Vehicle Savings - Adding a new car to your policy is cheaper because new vehicles have to meet stringent safety requirements.
Clubs and Organizations - Affiliation with a civic or occupational organization is a good way to get lower rates when shopping for auto insurance.

Consumers should know that most discounts do not apply to all coverage premiums. Most cut the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, companies don't profit that way.

Learn How to Buy Auto Insurance Cheaper

Smart consumers have a good feel for the different types of things that help determine auto insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that will entitle you to much lower annual insurance costs.

The following are a few of the "ingredients" that factor into prices.

Optional equipment can affect rates - Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft.
Do you know your deductibles? - Deductibles for physical damage define the amount you are required to spend before your auto insurance pays a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some examples of claims that would be covered are running into the backend of another car, damage caused by hail, and rolling your vehicle. The higher the amount the insured has to pay upfront, the less your auto insurance will be.
Men pay higher rates - Statistics demonstrate women are more cautious behind the wheel. However, this does not mean men are WORSE drivers than women. Both sexes are in accidents in similar percentages, but the men have costlier accidents. Men also statistically receive more costly citations like reckless driving and DUI. Teenage male drivers tend to get in the most accidents and therefore are the most expensive to insure.
Keep rates low by being claim-free - Companies in Indiana award cheaper rates to people who do not rely on their insurance for small claims. If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Your insurance policy is intended to be relied upon for the large, substantial claims.
High crash test scores lower rates - Vehicles with high crash test scores can get you lower premiums. The safest vehicles have better occupant injury protection and better occupant protection means lower claim amounts and more competitive rates for policyholders.
Better credit scores mean better rates - Having a bad credit history is a huge factor in calculating your auto insurance rates. If your credit is not that good, you could potentially save money when insuring your by improving your credit score. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with lower credit scores.

Are you falling for claims of savings?

Indiana drivers get pounded daily by advertisements that promise big savings from companies such as State Farm, Allstate and GEICO. They all make an identical promise that you'll save big after switching your policy.

How can each company say the same thing? This is how they do it.

Insurance companies are able to cherry pick for the right customer that earns them a profit. For example, a driver they prefer might be profiled as between 25 and 40, has no driving citations, and drives newer vehicles. A propective insured who meets those qualifications gets the lowest rates and as a result will probably save when they switch companies.

Consumers who are not a match for the requirements will be quoted higher prices and ends up with business not being written. The ads say "drivers who switch" not "everybody who quotes" save that kind of money. That's the way companies can claim big savings. This emphasizes why drivers should get quotes from several different companies. It's not possible to predict which auto insurance company will give you the biggest savings.

Learn more about Indiana auto insurance

More detailed Indiana auto insurance information can be found at the Indiana Department of Insurance website. Indiana drivers can view a list of available companies, report car insurance fraud, and learn about insurance regulations.

In the end, you save

People change insurance companies for any number of reasons including extreme rates for teen drivers, lack of trust in their agent, denial of a claim and even unfair underwriting practices. Regardless of your reason for switching companies, switching auto insurance companies is less work than it seems.

Discount auto insurance can be bought on the web in addition to many Sellersburg insurance agents, so you should compare both in order to have the best price selection to choose from. A few companies do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

When trying to cut insurance costs, it's not a good idea to skimp on coverage in order to save money. There have been many situations where someone sacrificed uninsured motorist or liability limits only to regret that it was a big mistake. The proper strategy is to purchase plenty of coverage for the lowest price while still protecting your assets.