Top 7 Ways to Save Money on Car Insurance in Tolono

Scraping up a payment for overpriced car insurance can drain your checking account and force you to make sacrifices. Doing a price comparison is a smart way to tighten up your finances. With consumers having so many choices, it can be impossible to locate the lowest price company.

It's important to shop coverage around quite often since rates are constantly changing. Even if you think you had the lowest rates a couple years back you will most likely find a better rate today. Starting right now, ignore everything you know about car insurance because we're going to show you the tricks you need to know to find better rates and still maintain coverage.

Buying car insurance in Tolono is easy if you know what you're doing. If you have a policy now or are shopping for new coverage, you can learn to find the best rates while maintaining coverages. Illinois vehicle owners just need to know the best way to get comparison rates on the web.

Save big with these seven discounts

Companies offering auto insurance don't necessarily list all their discounts very well, so we break down both the well known as well as the least known car insurance savings. If you don't get every credit you deserve, you are throwing money away.

College Student - Children who attend school more than 100 miles from home and don't have a car may qualify for this discount.
Senior Citizens - If you qualify as a senior citizen, you may receive a small decrease in premiums.
Safety Course Discount - Successfully completing a defensive driving course could cut 5% off your bill if you qualify.
Good Student Discount - Performing well in school can earn a discount of 20% or more. This discount can apply up until you turn 25.
Discount for Life Insurance - Select insurance companies reward you with a break if you buy life insurance.
Theft Prevention Discount - Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. So when it seems like all the discounts add up to a free policy, companies wouldn't make money that way.

But I don't know anything about car insurance

When it comes to buying adequate coverage for your personal vehicles, there really is no "best" method to buy coverage. Everyone's situation is a little different so your insurance needs to address that. These are some specific questions may help you determine if your situation will benefit from professional help.

Why does it cost so much to insure a teen driver in Tolono?
Should I buy additional glass protection?
Should I have combined single limit or split liability limits?
Should I buy only the required Illinois minimum liability coverage?
What happens if I owe more than my vehicle is worth?
Do I really need UM/UIM coverage?
Do I need special endorsements for business use of my vehicle?
Does my policy cover my teen driver if they drive my company car?

If you don't know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. If you don't have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and can help protect your family.

Car insurance ads bend the truth

Consumers in Illinois get pounded daily by advertisements for car insurance savings from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing that you'll save big if you change your coverage to them.

But how can every company claim to save you money?

Insurance companies have a preferred profile for the type of customer that earns them a profit. For example, a desirable insured might be between the ages of 40 and 55, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who fits that profile will get very good rates and most likely will save a lot of money.

Potential customers who fall outside this ideal profile will have to pay higher prices which usually ends up with the customer not buying. The ads say "customers that switch" not "people who quote" save that much money. This is how companies can advertise the way they do. Because of the profiling, you should get as many quotes as possible. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

More sites with car insurance information

More detailed Illinois car insurance information can be found at the Illinois Department of Insurance website. Visitors are able to read enforcement actions against agents and companies, learn about insurance regulations, discover disciplinary actions, and file complaints about a company.

Also read more on this Car Insurance FAQ and this page of insurance agents in Tolono.

Best coverage at the best price

As you go through the steps to switch your coverage, don't be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced uninsured motorist or liability limits only to regret that the savings was not a smart move. Your aim should be to find the BEST coverage at a price you can afford.

Budget-conscious car insurance is attainable both online as well as from independent agents in Tolono, so you should be comparing quotes from both so you have a total pricing picture. Some car insurance companies don't offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.