Free Guide to Cutting Costs on Wauconda Car Insurance Online

Scraping up a payment for overpriced car insurance can overdraw your personal savings and put the squeeze on your family's finances. Doing a price comparison is free and is an excellent way to slash your bill and have more diposable income.

Companies like State Farm, Allstate, GEICO and Progressive constantly bombard you with advertising and consumers find it hard to sift through the bull and find the best price available.

It's important to price shop coverage on a regular basis because rates are constantly changing. Just because you found the lowest rates last year you will most likely find a better rate today. So ignore everything you know about car insurance because you're going to learn the tricks you need to know to lower your annual insurance bill.

If you currently have car insurance, you should be able to lower your premiums substantially using this strategy. Finding the best rates in Wauconda is easy if you know what you're doing. But Illinois car owners do need to know how the larger insurance companies sell online and use this information to your advantage.

These discounts can lower your rates

The cost of insuring your cars can be expensive, buy you may qualify for discounts that you may not know about. Certain discounts will be triggered automatically when you get a quote, but lesser-known reductions have to be asked for before you will receive the discount.

  • College Student - Any of your kids who attend school more than 100 miles from home and don't have a car can be insured at a reduced rate.
  • Sign Online - Some insurance companies will give a small break for buying a policy and signing up digitally online.
  • Clubs and Organizations - Belonging to a civic or occupational organization could trigger savings on car insurance.
  • Military Discounts - Having a family member in the military could be rewarded with lower premiums.
  • Passive Restraints and Air Bags - Factory air bags or automatic seat belts can qualify for discounts of more than 20%.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to complete a driver education course if offered at their school.
  • No Claims - Drivers who don't have accidents can save substantially as compared to drivers who are more careless.
  • Seat Belts Save more than Lives - Requiring all passengers to use a seat belt could save 15% off your PIP or medical payments premium.
  • Safety Course Discount - Taking a driver safety course could cut 5% off your bill if you qualify.
  • New Car Discount - Adding a new car to your policy is cheaper compared to insuring an older model.

Drivers should understand that most discount credits are not given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, companies wouldn't make money that way. But all discounts will reduce the cost of coverage.

Wauconda car insurance comparison

Are you falling for claims of savings?

Car insurance companies such as Progressive, GEICO, Allstate and State Farm consistently run ads on television and other media. They all seem to make the same claim that you'll save big if you change your policy. How can each company make the same claim? This is how they do it.

Different companies have a preferred profile for the right customer that earns them a profit. For example, a desirable insured could be between the ages of 40 and 55, insures multiple vehicles, and has great credit. A customer who matches those parameters gets the lowest rates and as a result will probably save when they switch companies.

Drivers who are not a match for the requirements will have to pay higher premiums which leads to business going elsewhere. Company advertisements say "drivers who switch" not "everybody who quotes" save that kind of money. This is how companies can advertise the savings.

Because of the profiling, you should get a wide range of price quotes. Because you never know which insurance companies will give you the biggest savings.

Much more information about car insurance in Illinois can be found on the website for the Illinois Department of Insurance. Click here for link. Consumers can read enforcement actions against agents and companies, get help finding coverage, find out which companies have the most complaints, and find disaster information.

Affordable insurance is out there

As you prepare to switch companies, it's not a good idea to buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. Your aim should be to buy the best coverage you can find for the lowest price.

Budget-conscious car insurance can be sourced from both online companies in addition to many Wauconda insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.