Insider Techniques to Lower Sioux Falls, SD Auto Insurance

Scraping up a payment for overpriced auto insurance can dwindle your checking account and put the squeeze on your family’s finances. Comparison shopping is free and is an excellent way to help make ends meet.

Lots of auto insurance companies contend for your hard-earned dollar, and it can be difficult to compare rates to find the best price available.

Smart consumers take time to compare rates at least once a year because insurance rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best rates a couple years back you can probably find a better price now. There is a lot of bad advice regarding auto insurance online but with this article, you’re going to get some solid techniques on how to quit paying high auto insurance rates.

Save money by taking advantage of these discounts

Companies that sell car insurance don’t always list all their discounts very clearly, so we break down some of the best known and the more hidden ways to save on auto insurance.

  • Accident Waiver – Certain companies will forgive one accident before raising your premiums if your claims history is clear prior to the accident.
  • Good Student – Getting good grades can save 20 to 25%. The discount lasts up until you turn 25.
  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less than drivers with accident claims.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same auto insurance policy can get a discount on all vehicles.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% with select insurance companies.
  • College Student – Youth drivers living away from home attending college and don’t have a car can be insured at a reduced rate.
  • Accident Free – Good drivers with no accidents can earn big discounts as compared to drivers who are more careless.
  • Sign Early and Save – Some companies give discounts for buying a policy prior to your current policy expiring. It can save you around 10%.

Drivers should understand that some credits don’t apply the the whole policy. Most cut individual premiums such as collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, it just doesn’t work that money concept

For a list of insurers with the best auto insurance discounts in Sioux Falls, click here to view.

Vehicle Insurance Comparison

There are several ways of comparing rate quotes from auto insurance companies in your area. The best method to find competitive insurance rates is to get quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The easiest and least time consuming way to get the best comparison quotes would be an industry-wide quote request form like this one (opens in new window). This form saves time by eliminating separate quote forms to each individual auto insurance company. Completing one form compares rates .
  2. A harder way to get comparison quotes is to take the time to go to each company’s website to request a price quote. For instance, we’ll pretend you want to compare Farmers, Safeco and Allstate. To get each rate you have to take the time to go to each site to input your insurance information, which is why the first method is more popular.

    For a handy list of car insurance company links in Sioux Falls, click here.

Which method you use is up to you, but compare exactly the same coverages and limits on every quote you get. If each company quotes different values for each quote it’s not possible to determine the lowest rate in Sioux Falls. Slightly different coverage limits can result in a big premium difference. And when comparing auto insurance rates, know that quoting more will improve the odds of getting the best offered rates.

When should I use an insurance agent?

When it comes to buying the best auto insurance coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions can help discover whether you might need professional guidance.

  • Can I still get insurance after a DUI?
  • Is business property covered if stolen from my car?
  • What are the financial responsibility laws in South Dakota?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What discounts do I qualify for?
  • Am I covered when driving a rental car?
  • How much underlying liability do I need for an umbrella policy?
  • Why am I required to get a high-risk car insurance policy?
  • Do I need medical payments coverage since I have good health insurance?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

car insurance image

Do the work, save more money

As you restructure your insurance plan, make sure you don’t buy poor coverage just to save money. In too many instances, an accident victim reduced physical damage coverage and learned later that they should have had better coverage. Your goal should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.

In this article, we covered some good ideas how you can reduce auto insurance prices online. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers may even find the most savings is with the smaller companies. Smaller companies may have significantly lower rates on certain market segments than the large multi-state companies such as Progressive and GEICO.