Easy Techniques to Spend Less on Urbana Auto Insurance

Finding the lowest price for Urbana auto insurance can seem like an uphill battle if you are a beginner to quoting online. But don't be discouraged because online price shopping is actually quite simple.

It's important to check auto insurance prices occasionally since insurance rates are constantly changing. If you had the best deal last year you will most likely find a better rate today. So forget anything you know (or think you know) about auto insurance because it's time to teach you the only way to save money, get proper coverage and the best rates.

Take advantage of discounts

Insuring your vehicles can cost a lot, but there are discounts available to help offset the cost. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be asked for prior to receiving the credit.

  • Accident Forgiveness - Certain companies will allow you to have one accident before your rates go up as long as you don't have any claims for a set time period.
  • Theft Prevention Discount - Vehicles with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Pay Upfront and Save - By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Homeowners Savings - Owning a house in Urbana can save you money because of the fact that having a home requires personal responsibility.
  • Military Rewards - Being deployed with a military unit can result in better rates.

It's important to note that some credits don't apply to your bottom line cost. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, you're out of luck. But any discount will bring down your overall premium however.

How to know if you need help

When it comes to buying proper insurance coverage for your vehicles, there isn't really a one size fits all plan. Every insured's situation is different.

These are some specific questions might point out whether your personal situation would benefit from professional advice.

  • Does my policy cover me when driving someone else's vehicle?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • What can I do if my company won't pay a claim?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I have coverage when using my vehicle for my home business?
  • Should I drop comprehensive coverage on older vehicles?
  • Am I covered if I drive in a foreign country?

If you can't answer these questions, you may need to chat with an agent. To find an agent in your area, complete this form.

Are auto insurance companies telling the truth?

Auto insurance companies such as State Farm, GEICO and Progressive regularly use ads on TV and radio. They all seem to have a common claim that you can save if you move to them. How does each company say the same thing? This is how they do it.

Insurance companies have a certain "appetite" for the type of driver that earns them a profit. An example of a desirable insured might be profiled as a mature driver, owns a home, and has great credit. A propective insured that hits that "sweet spot" receives the best rates and most likely will save when switching.

Potential customers who don't qualify for these standards will have to pay higher prices and this can result in business not being written. Company advertisements say "drivers who switch" not "people who quote" save money. That is how insurance companies can advertise the savings.

Because of the profiling, you should compare as many rates as you can. It's not possible to predict which company will give you the biggest savings.

For more Indiana car insurance information

More information is available on the Indiana Department of Insurance website. Click here for link. Indiana drivers can learn about insurance regulations, read consumer alerts, and view a list of available companies.

Urbana auto insurance quote

Shop smart and save

Lower-priced auto insurance is possible on the web and with local Urbana insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

As you prepare to switch companies, never buy lower coverage limits just to save a few bucks. In many cases, an insured cut comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your aim should be to buy enough coverage for the lowest price.

Drivers who switch companies do it for any number of reasons including denial of a claim, policy non-renewal, unfair underwriting practices and even an unsatisfactory settlement offer. No matter why you want to switch, switching auto insurance companies is less work than it seems.