Proven Ways to Save on Veedersburg Car Insurance

No one likes having to buy car insurance, especially when the cost is way too high. With consumers having so many insurance companies to choose from, it's nearly impossible to locate the most affordable insurance company.

It's important to compare prices occasionally because rates are constantly changing. Even if you got the best price last year you will most likely find a better rate today. Block out anything you think you know about car insurance because you're about to learn the tricks you need to know to get good coverage at a lower rate.

How much can you save with discounts?

Car insurance is not cheap, but discounts can save money and there are some available to reduce the price significantly. Some discounts apply automatically when you quote, but a few need to be asked for prior to getting the savings. If you don't get every credit you qualify for, you are throwing money away.

  • Anti-lock Brakes - Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Multi-policy Discount - If you have multiple policies with one company you may earn 10% to 20% off each policy.
  • Good Student - Performing well in school can save 20 to 25%. This discount can apply well after school through age 25.
  • Multiple Vehicles - Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Resident Student - Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Homeowners Savings - Being a homeowner can save you money due to the fact that maintaining a home is proof that your finances are in order.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. A few only apply to individual premiums such as comprehensive or collision. So even though they make it sound like you could get a free car insurance policy, car insurance companies aren't that generous. Any amount of discount will help reduce the amount you have to pay.

Veedersburg car insurance quote

How much car insurance do I need?

When it comes to buying the right insurance coverage for your vehicles, there really is no best way to insure your cars. Everyone's needs are different and your policy should reflect that. For example, these questions might point out if your insurance needs may require specific advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What is the difference between comprehensive and collision coverage?
  • Why am I required to buy high-risk coverage?
  • Can I afford to buy a different vehicle if my vehicle is totaled?
  • Why does it cost so much to insure a teen driver in Veedersburg?
  • Does my policy cover my teen driver if they drive my company car?
  • What can I do if my company won't pay a claim?

If you can't answer these questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area. It's fast, doesn't cost anything and can help protect your family.

Save 15 percent in 15 minutes? Is it for real?

Consumers get pounded daily by advertisements for cheaper car insurance from the likes of Allstate and Progressive. All the ads have a common claim about savings after switching your coverage to them.

But how can every company make the same claim?

Different companies have a certain "appetite" for the type of customer that earns them a profit. For example, a preferred risk could be over the age of 50, owns a home, and has great credit. A customer that hits that "sweet spot" receives the best rates and is almost guaranteed to save a lot of money.

Potential customers who don't meet this ideal profile will be charged a higher premium and this can result in business going elsewhere. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much money. That is how companies can truthfully advertise the savings.

That is why you should get as many comparisons as possible. Because you never know which company will give you the biggest savings.

Additional information can be found on the website for the Indiana Department of Insurance located here. Consumers can find out industry alerts, view agent and company licensing information, file complaints about a company, and report car insurance fraud.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this directory of Veedersburg insurance agents.

Veedersburg car insurance quote

A tidy conclusion

As you prepare to switch companies, do not buy lower coverage limits just to save a few bucks. Too many times, an insured cut physical damage coverage only to regret at claim time that the small savings ended up costing them much more. The aim is to buy enough coverage at a price you can afford, not the least amount of coverage.

We just showed you a lot of techniques to reduce car insurance prices online. The most important thing to understand is the more quotes you get, the better chance you'll have of finding lower rates. You may even find the biggest savings come from a small local company. Regional companies may have significantly lower rates on certain market segments compared to the large companies like .

Cheap car insurance can be purchased from both online companies as well as from independent agents in Veedersburg, and you should be comparing both to have the best rate selection. There are still a few companies who don't offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.