How to Know You're Spending Too Much for Auto Insurance in Swea City

Expensive auto insurance can dwindle your personal savings and put a big crunch on your finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Numerous battle for your business, and because of this it can be hard to compare and uncover the absolute lowest rate

Save big with these discounts

Companies don't list all available discounts in an easy-to-find place, so we took the time to find both the well known and the more hidden savings tricks you should be using.

Driver Safety - Taking part in a defensive driving course could cut 5% off your bill if you qualify.
Student in College - Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
Senior Citizens - If you qualify as a senior citizen, you may be able to get better auto insurance rates.
Fewer Miles Equal More Savings - Fewer annual miles can earn discounted rates on garaged vehicles.
Paperless Signup - A handful of insurance companies may give you up to $50 just for signing your application on their website.

It's important to note that most discounts do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as liability and collision coverage. So when the math indicates all those discounts means the company will pay you, you're out of luck.

But I don't know anything about car insurance

When it comes to buying the right insurance coverage for your personal vehicles, there is no perfect coverage plan. Each situation is unique so your insurance should reflect that These are some specific questions may help you determine if your situation would benefit from professional advice.

Should I rate my vehicle as pleasure use or commute?
Why does it cost so much to insure a teen driver in Swea City?
Should I buy additional glass protection?
Is my vehicle covered for flood damage?
Does medical payments coverage apply to all occupants?
Am I covered by my employer's commercial auto policy when driving my personal car for business?
Am I getting all the discounts available?
Is my cargo covered for damage or theft?

If you're not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don't have a local agent, complete this form or go to this page to view a list of companies.

Auto insurance ads bend the truth

21st Century, Allstate and State Farm continually stream ads on TV and radio. All the companies make an identical promise that you can save after switching to their company. How do they all claim to save you money?

All the different companies have a preferred profile for the driver that earns them a profit. For example, a profitable customer might be a mature driver, insures multiple vehicles, and has great credit. A customer getting a price quote who meets those qualifications gets the lowest rates and most likely will cut their rates substantially.

Potential insureds who fall outside the "perfect" profile must pay more money and ends up with the customer not buying. The ads say "people who switch" not "people who quote" save that much. This is how insurance companies can advertise the savings. This illustrates why you should get a wide range of price quotes. It's impossible to know which insurance companies will give you the biggest savings.

More sites with auto insurance information

Additional detailed information can be found at the Iowa Insurance Division website. Visitors are able to discover disciplinary actions, read enforcement actions against agents and companies, learn about insurance regulations, and get help finding coverage.

The best insurance company isn't always the cheapest

Lower-priced auto insurance can be bought both online and also from your neighborhood Swea City agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. There are a lot of situations where drivers have reduced physical damage coverage only to discover later that the small savings ended up costing them much more. The proper strategy is to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.