5 Tips Proven to Save on Car Insurance Costs in Wilmington, IL

Are you overwhelmed by the number of car insurance company choices in Wilmington? Lot's of other consumers are too. Drivers have so many options available that it can turn into more work than you anticipated to find the lowest price.

If you have car insurance now, you will most likely be able to save some money using this strategy. This article will tell you how car insurance quotes work. Although Illinois consumers do need to know the way companies market on the web and take advantage of how the system works.

Are you getting all your discounts?

Properly insuring your vehicles can get expensive, but you can get discounts that can drop the cost substantially. Certain discounts will be applied when you purchase, but lesser-known reductions have to be manually applied before being credited.

  • No Accidents - Drivers with accident-free driving histories can earn big discounts when compared to accident-prone drivers.
  • Service Members Pay Less - Being on active duty in the military can result in better rates.
  • Defensive Driving Course - Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
  • Distant Student - Kids in college who live away from home without a vehicle on campus can be insured at a reduced rate.
  • No Charge for an Accident - A few companies allow you one accident before hitting you with a surcharge if your claims history is clear prior to the accident.

A little note about advertised discounts, most discounts do not apply the the whole policy. Most only apply to specific coverage prices like comp or med pay. Just because you may think all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will cut the cost of coverage.

To choose insurance companies with the best car insurance discounts in Wilmington, click here to view.

How can Progressive, Allstate and GEICO save drivers who switch?

Car insurance providers like Progressive, Allstate and GEICO regularly use ads on television and other media. They all make an identical promise about savings if you move to their company. How do they all claim to save you money? It's all in the numbers.

All companies are able to cherry pick for the driver that makes them money. An example of a driver they prefer might be between the ages of 30 and 50, has no tickets, and drives less than 7,500 miles a year. Any new insured who meets those qualifications is entitled to the best price and as a result will probably cut their rates substantially.

Consumers who are not a match for the "perfect" profile will be quoted higher prices and ends up with the customer not buying. Company advertisements say "customers who switch" not "everybody who quotes" save that much. That's the way companies can truthfully advertise the way they do.

This emphasizes why you should get quotes from several different companies. It's just too difficult to predict which car insurance company will provide you with the cheapest rates.

Find out more about car insurance

Additional information is available on the Illinois Department of Insurance website found here. Visitors are able to read industry bulletins, find disaster information, and discover disciplinary actions.

car insurance in Wilmington

Final considerations

People who switch companies do it for a variety of reasons including high rates after DUI convictions, delays in responding to claim requests, delays in paying claims or even denial of a claim. Regardless of your reason for switching companies, finding a new car insurance company is easier than you think.

The cheapest car insurance is definitely available both online and also from your neighborhood Wilmington agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some car insurance companies may not provide online price quotes and these smaller companies work with independent agents.

When shopping online for car insurance, you should never buy poor coverage just to save money. There are too many instances where an insured dropped comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy enough coverage at the best price while still protecting your assets.