6 Best Methods to Reduce Car Insurance Costs in Warren, IL

Are you intimidated by the sheer number of car insurance options in Warren? Many other drivers are as well. Drivers have so many choices that it can turn into a real hassle to compare prices.

Policy discounts you shouldn't miss

Insurance can be prohibitively expensive, buy you may qualify for discounts that you may not know about. Certain discounts will be triggered automatically at the time you complete a quote, but lesser-known reductions have to be specially asked for prior to getting the savings. If they aren't giving you every credit possible, you are throwing money away.

  • Fewer Miles Equal More Savings - Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Clubs and Organizations - Belonging to certain professional organizations could qualify you for a break when buying car insurance.
  • Multiple Cars - Buying insurance for all your vehicles on one policy can get a discount on all vehicles.
  • Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.
  • Discount for Life Insurance - Companies who offer life insurance give lower rates if you buy life insurance.
  • New Car Discount - Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.

A little note about advertised discounts, most credits do not apply to all coverage premiums. A few only apply to specific coverage prices like liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, you won't be that lucky. Any amount of discount will cut the amount you have to pay.

car insurance in Warren

Save $429 a year? Really?

Consumers get pounded daily by advertisements that promise big savings from companies such as 21st Century, Allstate and State Farm. All the companies say the same thing about savings if you change your policy.

How do they all make the same claim? It's all in the numbers.

Insurance companies are able to cherry pick for the right customer that earns them a profit. For example, a profitable customer could be between the ages of 40 and 55, has no driving citations, and chooses high deductibles. Any new insured who fits that profile receives the best rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't qualify for the "perfect" profile must pay a more expensive rate which usually ends up with business going elsewhere. Company advertisements say "customers who switch" but not "drivers who get quotes" save that kind of money. That's the way companies can truthfully state the savings.

This illustrates why drivers should compare many company's rates. It's just too difficult to predict which car insurance company will give you the biggest savings.

Learn more about Illinois car insurance

Additional information can be found on the Illinois Department of Insurance website found here. Consumers can find disaster information, find out which companies have the most complaints, and report car insurance fraud.

And the best car insurance company is...

Cheaper car insurance can be sourced from both online companies in addition to many Warren insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies do not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

When buying insurance coverage, never skimp on coverage in order to save money. There are a lot of situations where someone sacrificed uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. The proper strategy is to buy enough coverage at the best price while not skimping on critical coverages.

Consumers leave their current company for a variety of reasons including delays in responding to claim requests, questionable increases in premium, lack of trust in their agent and even unfair underwriting practices. No matter why you want to switch, finding a new car insurance company is less work than it seems.