Comparison Shop Volo Auto Insurance Prices With These Methods

Shopping for the most affordable Volo auto insurance on the internet can seem to be rather challenging for consumers not familiar with comparing rates online. When there are so many insurance companies available, how can you have a chance to compare every company to locate the lowest price available?

It's important to compare rates on a regular basis because prices are constantly changing. Even if you think you had the best price a few years ago you can probably find a better price now. Ignore everything you know about auto insurance because we're going to demonstrate how to quote online to reduce your cost while improving coverage.

Finding the best rates in Volo is quite easy. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this strategy. Nevertheless, Illinois drivers do need to know the methods companies use to market insurance on the web and apply this information to your search.

You have some control over your rates

Consumers need to have an understanding of some of the elements that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates enables informed choices that may reward you with big savings.

Shown below are a few of the "ingredients" auto insurance companies consider when setting rates.

  • Marriage pays dividends - Having a spouse helps lower the price when buying auto insurance. It means you're more mature and responsible and it's proven that married drivers get in fewer accidents.
  • Add-on coverages can add up - There are quite a few add-on coverages that you can buy on your auto insurance policy. Coverages for rental car reimbursement, towing coverage and term life insurance are examples of these. They may seem good when you first buy your policy, but if they're wasting money eliminate them to save money.
  • High deductibles save money - Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply could be a windshield shattered by a rock, vandalism, and rolling your vehicle. Your deductibles are how much you are willing to pay out-of-pocket if you file a covered claim. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive.
  • Proper usage rating affects rates - The higher the mileage driven in a year's time the more you will pay for auto insurance. Most insurance companies apply a rate determined by how the vehicle is used. Vehicles not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Ask your agent if your auto insurance declarations sheet shows the correct usage for each vehicle.
  • Men are more aggressive - Statistics have proven that women are safer drivers than men. Now that doesn't mean men are worse drivers. They both are in accidents in similar percentages, but the males tend to have more serious accidents. They also get cited for more serious violations such as DWI and reckless driving.
  • Your stress level may be raising your rates - Jobs such as lawyers, architects and financial analysts tend to have higher average rates because of job stress and lots of time spent at work. Conversely, occupations such as pilots, engineers and retirees receive lower rates.

These discounts can lower your rates

Companies don't always advertise all their discounts very clearly, so we took the time to find both well-publicized as well as the least known auto insurance savings.

  • Sign Online - A handful of insurance companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Safety Course Discount - Taking part in a course in driver safety could cut 5% off your bill if your company offers it.
  • Multiple Cars - Buying coverage for all your vehicles with the same company may reduce the rate for each vehicle.
  • Discount for Life Insurance - Larger companies have a discount if you purchase auto and life insurance together.
  • Save over 55 - If you're over the age of 55, you may receive better auto insurance rates.
  • Discount for New Cars - Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Drivers Education - Cut your cost by having your teen driver complete a driver education course if offered at their school.

It's important to understand that most of the big mark downs will not be given to all coverage premiums. Some only apply to individual premiums such as liability, collision or medical payments. Even though it may seem like having all the discounts means you get insurance for free, it doesn't quite work that way.

To choose companies with discount auto insurance rates in Illinois, follow this link.

Are you falling for claims of savings?

Auto insurance companies such as State Farm, GEICO and Progressive consistently run ads on television and other media. They all seem to say the same thing of big savings if you change to their company. How does each company make almost identical claims?

All the different companies have a preferred profile for the driver that makes them money. For example, a desirable insured could possibly be over the age of 40, insures multiple vehicles, and has a short commute. A customer getting a price quote who fits that profile will qualify for the lowest rates and as a result will probably save when switching.

Potential insureds who are not a match for these standards will have to pay more money which usually ends up with the driver buying from a lower-cost company. The ad wording is "customers that switch" not "everybody who quotes" save that much. This is how insurance companies can confidently make the claims of big savings. Because of the profiling, you should compare many company's rates. It's impossible to know which insurance companies will fit your personal profile best.

For more Illinois auto insurance information

More tips and info about auto insurance can be found at the Illinois Department of Insurance website. Illinois consumers can get help finding coverage, discover disciplinary actions, and report car insurance fraud.

Other informative sites include this site for Illinois auto insurance information and see this list of insurance agents in Volo.

The best insurance company isn't always the cheapest

Low-cost auto insurance is attainable online and also from your neighborhood Volo agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance providers may not provide online price quotes and most of the time these regional insurance providers sell through independent agents.

As you shop your coverage around, make sure you don't buy poor coverage just to save money. In many cases, drivers have reduced physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to get the best coverage possible at a price you can afford.

Consumers leave their current company for a number of reasons such as an unsatisfactory settlement offer, delays in responding to claim requests, lack of trust in their agent or even delays in paying claims. Regardless of your reason for switching companies, choosing a new insurance company is easier than you think.