Tightwads Instructions on Saving on St Cloud Auto Insurance

Expensive auto insurance can take a big chunk out of your savings account and make it impossible to make ends meet. Shopping your coverage around is a smart way to cut your insurance bill. Lots of contend for your business, and because of this it can be hard to compare and get the best coverage at the lowest rate

It's important to get comparison quotes on a regular basis since insurance rates are constantly changing. Even if you got the best rates last year you will most likely find a better rate today. You can find a lot of wrong information about auto insurance on the internet, so I'm going to show you some great ways to put money back in your pocket.

Are you getting all your discounts?

Auto insurance companies do not advertise all their discounts in an easy-to-find place, so the following is a list of some of the best known and also the lesser-known auto insurance savings. If they aren't giving you every credit you deserve, you are throwing money away.

Sign Online - Certain companies give back up to $50 just for signing your application on their website.
Accident Waiver - A few companies allow you one accident before your rates go up as long as you don't have any claims prior to the accident.
Discount for Life Insurance - Some companies give lower rates if you buy a life insurance policy as well.
Drive Less and Save - Fewer annual miles could qualify for lower rates on the low mileage vehicles.
Student Driver Training - Make teen driver coverage more affordable by requiring them to complete a driver education course if it's offered in school.

It's important to note that most credits do not apply to all coverage premiums. Some only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates it's possible to get free car insurance, you're out of luck.

How can State Farm, GEICO and Progressive save drivers who switch?

Florida drivers get pounded daily by advertisements for car insurance savings from companies such as State Farm, GEICO and Progressive. They all seem to say the same thing that you can save after switching your policy.

How do they all say the same thing? It's all in the numbers.

All companies have a preferred profile for the right customer that earns them a profit. A good example of a desirable insured might be profiled as over the age of 40, insures multiple vehicles, and has great credit. A propective insured who fits that profile will qualify for the lowest rates and as a result will probably cut their rates substantially.

Consumers who are not a match for the "perfect" profile will have to pay higher prices which usually ends up with business not being written. The ad wording is "customers who switch" not "everybody who quotes" save that kind of money. This is how insurance companies can advertise the savings. Because of the profiling, you should quote coverage with many companies. It's not possible to predict which insurance companies will give you the biggest savings.

Additional detailed information can be read at the Florida Office of Insurance Regulation website. Florida drivers can get help finding coverage, file complaints about an insurance agent or broker, download brochures, and find disaster information.

And the best car insurance company is...

Lower-priced auto insurance can be purchased on the web in addition to many St Cloud insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who do not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. In many cases, drivers have reduced collision coverage and discovered at claim time that the small savings ended up costing them much more. Your aim should be to get the best coverage possible at the best price.