6 Methods to Save on Car Insurance in Stanhope

Purchasing low-cost Stanhope car insurance on the internet can seem to be intimidating for people who are new to comparison shopping online. Since there are so many insurance companies available, how can you even start to compare them all to find the best pricing?

It's important to take a look at other company's rates yearly since rates are constantly changing. Despite the fact that you may have had the best price two years ago a different company probably has better rates today. Forget anything you know (or think you know) about car insurance because you're about to find out one of the best ways to get good coverage at a lower rate.

If you have a current car insurance policy or need new coverage, you can learn to find better prices and still get good coverage. Pricing affordable protection in Stanhope is quite easy. Iowa drivers only need an understanding of the tricks to compare rates over the internet.

Policy discounts you shouldn't miss

Auto insurance companies do not list all their discounts in a way that's easy to find, so we took the time to find some of the more common as well as the least known car insurance savings. If you aren't receiving every discount you deserve, you are throwing money away.

Discount for Life Insurance - Larger companies have better rates if you take out life insurance.
55 and Retired - If you qualify as a senior citizen, you may be able to get better car insurance rates.
Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
New Car Discount - Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
Good Student Discount - Performing well in school can earn a discount of 20% or more. This discount can apply well after school through age 25.
No Accidents - Drivers who don't have accidents can save substantially as compared to drivers who are more careless.

Consumers should know that most of the big mark downs will not be given to your bottom line cost. Most only apply to individual premiums such as collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, companies don't profit that way.

Insurance agents can help

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a "perfect" insurance plan. Everyone's needs are different.

For example, these questions can help discover whether your personal situation may require specific advice.

When does my teenage driver need to be added to my policy?
Should I put collision coverage on all my vehicles?
Do I need PIP (personal injury protection) coverage in Iowa?
Should I file a claim if it's only slightly more than my deductible?
Should I buy only the required Iowa minimum liability coverage?
Can I still get insurance after a DUI?
Will I be non-renewed for getting a DUI or other conviction?

If you don't know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form. It's fast, doesn't cost anything and can help protect your family.

Save $429 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings by GEICO, State Farm and Progressive. They all seem to say the same thing of big savings after switching to their company.

How can each company make the same claim?

Insurance companies have a preferred profile for the driver that earns them a profit. For example, a desirable insured could be over the age of 50, has no prior claims, and chooses high deductibles. Any new insured who fits that profile is entitled to the best price and is almost guaranteed to save when they switch companies.

Consumers who don't qualify for the requirements will have to pay higher rates which usually ends up with business going elsewhere. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much. This is how insurance companies can confidently state the savings. Because of the profiling, drivers should quote coverage with many companies. It's just too difficult to predict which insurance companies will give you the biggest savings.

Learn more about car insurance in Iowa

More tips and info about car insurance can be found at the Iowa Insurance Division website. Consumers can view agent and company licensing information, learn about insurance regulations, and read consumer alerts.

In the end, you save

When buying insurance coverage, it's a bad idea to skimp on coverage in order to save money. In many instances, consumers will sacrifice physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy enough coverage at a price you can afford.

Consumers change insurance companies for a number of reasons such as delays in paying claims, denial of a claim, policy cancellation and even not issuing a premium refund. No matter why you want to switch, choosing a new insurance company is less work than it seems.

You just learned many ways to reduce car insurance prices online. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Drivers may discover the biggest savings come from a small local company.