Never Quote Springfield Auto Insurance Without Knowing These Money Saving Methods

Have you had enough of robbing Peter to pay Paul to pay your car insurance bill each month? You are no different than many other Illinois drivers. Lots of car insurance companies contend for your business, so it’s not easy to compare every insurance company and get the definite best price available.

Smart consumers take time to price shop coverage every six months due to the fact that insurance rates trend upward over time. Despite the fact that you may have had the lowest price a year ago you will most likely find a better rate today. So just block out anything you think you know about auto insurance because I’m going to teach you the best way to remove unneeded coverages and save money.

If you have a policy now or are shopping for new coverage, you can use these tips to get lower rates and still get good coverage. Finding the best rates in Springfield is not rocket science. Illinois drivers just need to know the most efficient way to compare price quotes on the web.

Are you getting all your discounts?

Auto insurance companies do not list every discount very clearly, so we researched some of the best known and the harder-to-find savings tricks you should be using. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • 55 and Retired – Mature drivers may qualify for reduced rates.
  • Life Insurance Discount – Larger companies have a discount if you purchase life insurance from them.
  • Memberships – Participating in a civic or occupational organization may earn a discount when buying auto insurance.
  • Multi-policy Discount – When you combine your home and auto insurance with one insurance company you may save up to 20% off your total premium.
  • Homeowners Pay Less – Being a homeowner can help you save on auto insurance because of the fact that having a home shows financial diligence.
  • Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% with a few auto insurance companies.
  • Fewer Miles Equal More Savings – Fewer annual miles can earn lower rates on the low mileage vehicles.
  • Drivers Education – Cut your cost by having your teen driver complete a driver education course if offered at their school.
  • Safe Drivers – Safe drivers can pay as much as 50% less than less cautious drivers.
  • Passive Restraints – Cars that have air bags and/or automatic seat belt systems can receive discounts up to 30%.

As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. The majority will only reduce specific coverage prices like comp or med pay. Even though it may seem like all those discounts means the company will pay you, you won’t be that lucky.

To choose providers with the best auto insurance discounts in Springfield, click here.<img class="alignright" style="padding-top:15px" src="" alt="lower rates in Springfield” />

Do auto insurance companies bend the truth?

Consumers get pounded daily by advertisements for cheaper car insurance from the likes of Progressive, Allstate and GEICO. All the ads say the same thing of big savings if you switch your coverage to them.

How does each company make the same claim? This is how they do it.

All companies can use profiling for the driver that is profitable for them. A good example of a preferred risk could be between 25 and 40, has no tickets, and drives less than 10,000 miles a year. Any new insured who meets those qualifications will get the preferred rates and therefore will save quite a bit of money when switching.

Consumers who don’t measure up to these standards must pay a more expensive rate and this can result in business going elsewhere. The ads say “customers who switch” not “everyone that quotes” save that much. That is how companies can truthfully advertise the savings. This illustrates why drivers must compare many company’s rates. It’s impossible to know which insurance companies will have the lowest rates.

Even more information is located at the Illinois Department of Insurance website. Visitors are able to find out industry alerts, download brochures, and get help finding coverage.

price insurance in Springfield

Additional helpful sites include this site for auto insurance information in Illinois and this page where you can research Springfield insurance agents.

Final considerations

As you go through the steps to switch your coverage, it’s a bad idea to buy poor coverage just to save money. In many cases, an accident victim reduced liability limits or collision coverage only to discover later they didn’t purchase enough coverage. The proper strategy is to purchase plenty of coverage at an affordable rate while still protecting your assets.

We’ve covered some good ideas how you can reduce auto insurance prices online. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. Consumers could even find that the best price on auto insurance is with some of the smallest insurance companies. These smaller insurers often have lower prices on specific markets than the large multi-state companies such as Allstate or State Farm.