Expensive car insurance can dwindle your bank account and put a big crunch on your finances. Shopping your coverage around is a great way to help make ends meet.
With consumers having so many choices of insurance companies, it can be challenging to find the cheapest provider.
It’s a good idea to shop coverage around yearly because prices tend to go up over time. Even if you think you had the best price a few years ago you may be paying too much now. There is too much inaccurate information about car insurance online, so we’re going to give you the best ways to stop overpaying for insurance.
Don’t miss out on these money-saving discounts
Properly insuring your vehicles can get expensive, but you can get discounts to cut the cost considerably. Certain discounts will be triggered automatically when you complete an application, but a few must be specifically requested in order for you to get them.
- Senior Discount – If you’re over the age of 55, you may be able to get a discount up to 10%.
- Fewer Miles Equal More Savings – Low mileage vehicles could qualify for better rates on cars that stay parked.
- Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts can save up to 15% off your medical payments premium.
- Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
- Air Bag Discount – Cars that have air bags or automatic seat belts can receive discounts up to 30%.
Drivers should understand that most of the big mark downs will not be given the the whole policy. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like adding up those discounts means a free policy, it just doesn’t work that way. But any discount will help reduce the amount you have to pay.
For a list of insurers who offer car insurance discounts in Kansas, click here.
You have some control over your rates
Consumers need to have an understanding of the rating factors that come into play when calculating your car insurance rates. Understanding what controls the rates you pay allows you to make educated decisions that could result in big savings.
The list below includes a few of the “ingredients” companies use to determine premiums.
- More miles equals more premium – The more miles you rack up on your car every year the more you will pay for car insurance. Most companies charge to insure your cars based on their usage. Vehicles used primarily for pleasure use receive lower rates compared to those used for work or business. Double check that your car insurance policy shows how each vehicle is driven, because improper ratings can cost you money.
- Policy add-ons can waste money – There are a ton of extra bells and whistles that you can get tricked into buying if you aren’t careful. Coverages like rental car reimbursement, accidental death and additional equipment coverage are some examples. They may seem like a good idea when talking to your agent, but now you might not need them so get rid of them and save.
- Rates may be higher depending on your occupation – Careers like doctors, architects and dentists tend to have the highest average rates in part from job stress and long work days. Other occupations like scientists, historians and retirees receive lower rates.
- More claims means more premium – If you tend to file frequent claims, you can look forward to either a policy non-renewal or much higher rates. Companies in Kansas provide discounts to insureds who file claims infrequently. Auto insurance is intended for larger claims.
- Poor driving leads to higher costs – Your driving citation history has a big impact on rates. Just one ticket may increase your cost forty percent or more. Drivers with clean records receive lower rates than bad drivers. Drivers who have serious citations such as hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to continue driving.
- One company can mean more discounts – Most insurance companies will award you with lower prices to policyholders who buy several policies from them in the form of a multi-policy discount. Even with this discount, it’s in your best interest to comparison shop to ensure the best deal. You may still be able to find a better deal by splitting coverages up.
Much more information about car insurance in Kansas is located on the website for the Kansas Insurance Department located here. Visitors are able to get help finding coverage, read state legal mandates and laws, learn about insurance regulations, and report car insurance fraud.
Also read more on QuoteClickInsure.com and this link where you can get more info about Leawood coverage.
Buy online or local, you save
The cheapest car insurance can be sourced from both online companies as well as from independent agents in Leawood, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers don’t offer you the ability to get quotes online and these small, regional companies work with independent agents.
In this article, we covered a lot of ways to shop for car insurance online. The key concept to understand is the more times you quote, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with the least-expected company. These smaller insurers may only write in your state and offer lower rates than their larger competitors like Progressive or GEICO.