How to Know You're Wasting Money for Car Insurance in Vevay

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me when I say you're not alone.

Numerous battle for your hard-earned dollar, so it can be very hard to choose a to find the lowest price

It's important to compare prices at least once a year because rates are constantly changing. Just because you had the best rates a couple years back there is a good chance you can find better rates now. There is a lot of bad information regarding car insurance on the web, but I'm going to show you some great ways to reduce your car insurance bill.

How to Lower your Car Insurance Rates

Consumers need to have an understanding of some of the elements that go into determining your car insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

Listed below are some of the items used by your company to calculate rates.

Marriage brings a discount - Getting married can actually save you money when buying car insurance. It translates into being more responsible and statistics show being married results in fewer claims.
Add-on coverages can add up - There are many extra coverages that you can buy on your policy. Coverages like personal injury protection, towing coverage and additional equipment coverage are examples of these. These may sound like a good investment initially, but now you might not need them so get rid of them and save.
How's your driving record? - Your driving citation history impacts your car insurance rates tremendously. Drivers who don't get tickets get better rates than bad drivers. Just one moving violation can bump up the cost forty percent or more. Drivers who have serious citations such as DUI or reckless driving may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.
Adjust deductibles and save - Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims are collision with another vehicle, damage from fire, and burglary. Your deductibles are how much you are willing to pay before a claim is paid by your company. The more expense you have to pay, the less your car insurance will be.
Liability coverage protects you - Liability insurance provides coverage if ever you are found to be at fault for personal injury or accident damage. Liability insurance provides you with a defense in court which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.
Save money with special equipment - Choosing a vehicle with a theft deterrent system can save you a little every year. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart your car from being stolen.
Do you know you're credit rating? - Credit score is a big factor in calculating your car insurance rates. Therefore, if your credit rating is lower than you'd like, you could save money insuring your by repairing your credit. People with good credit tend to be more responsible than drivers who have poor credit.

Comprehensive Vevay Car Insurance Comparison Quotes

There are multiple methods to compare car insurance prices and some are less time-consuming than others. You can spend your afternoon talking about coverages with agents in Vevay, or you could use online quotes to accomplish the same thing much quicker.

Most of the larger companies belong to a marketplace that enables customers to submit one quote, and every company then gives them pricing for coverage. This eliminates the need for quote requests to each individual car insurance company. To submit your quote information now, click here to open in new window.

The one disadvantage to using this type of form is that you can't choose which providers you want pricing from. So if you want to select from a list of companies for rate comparison, we put together a list of companies who write car insurance in Indiana. Click here for list of insurance companies in Indiana.

Which method you use is up to you, but compare the exact same coverages and limits with each company. If you use different deductibles you can't possibly make an equal comparison in Vevay. Just a small difference in coverages can result in a big premium difference. Just keep in mind that comparing a large number of companies will enable you to find a lower rate.

Don't pay full price with these discounts

Auto insurance companies don't always list all their discounts in an easy-to-find place, so the following is a list of some of the more common and also the lesser-known car insurance savings.

Sign Online - A few companies will give a small break for buying your policy on their website.
Defensive Driver - Successfully completing a driver safety course could possibly earn you a 5% discount if your company offers it.
Discount for Good Grades - This discount can earn a discount of 20% or more. The good student discount can last until age 25.
Homeowners Discount - Owning a house in Vevay may trigger a car insurance policy discount because owning a home demonstrates responsibility.
Organization Discounts - Belonging to certain professional organizations could qualify you for a break on car insurance.
Payment Discounts - If you pay your bill all at once instead of making monthly payments you could save up to 5%.

As a disclaimer on discounts, most credits do not apply the the whole policy. Most only apply to specific coverage prices like liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, car insurance companies aren't that generous.

To choose companies offering car insurance discounts in Vevay, follow this link.

The car insurance bait and switch

Car insurance companies such as State Farm, GEICO and Progressive constantly bombard you with ads in print and on television. They all seem to say the same thing about savings if you switch your coverage to them. How do they all make the same claim? It's all in the numbers.

Insurance companies are able to cherry pick for the type of customer that makes them money. A good example of a desirable insured could be over the age of 40, has no tickets, and drives less than 10,000 miles a year. A customer who fits that profile is entitled to the best price and therefore will cut their rates substantially.

Potential insureds who don't measure up to the "perfect" profile will have to pay more money which usually ends up with business going elsewhere. The ads state "customers who switch" not "everyone that quotes" save that much money. That's the way companies can truthfully advertise the way they do. Because of the profiling, you need to quote coverage with many companies. Because you never know which car insurance company will provide you with the cheapest rates.

Even more information can be read at the Indiana Department of Insurance website. Consumers can get help finding coverage, discover disciplinary actions, file complaints about a company, and report car insurance fraud.

Do the work, save more money

Cheap car insurance is available from both online companies as well as from independent agents in Vevay, and you need to comparison shop both to have the best chance of lowering rates. Some car insurance companies don't offer online price quotes and most of the time these small insurance companies sell through independent agents.

We just showed you a lot of information how to compare car insurance prices online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. Drivers may discover the lowest premiums are with a small mutual company. These smaller insurers may have significantly lower rates on certain market segments as compared to the big name companies such as .