Paying Too Much for Car Insurance in Burlington? Here’s How to Save!

I can’t think of a single person who cherishes buying car insurance, in particular when the cost is too high. Because you have many insurance companies to choose from, it is very difficult to locate the most cost effective company.

Buying car insurance in Burlington is not rocket science. If you currently have car insurance, you should be able to lower your premiums substantially using these tips. Iowa vehicle owners just need to learn the tricks to compare prices over the internet.

Burlington Car Insurance Comparisons

Most companies like State Farm, Allstate and GEICO provide price estimates on the web. Obtaining pricing is pretty painless as you simply enter your personal and coverage information into the quote form. After the form is submitted, the company’s rating system makes automated requests for your credit score and driving record and provides a quote determined by many factors. Online price quotes streamlines rate comparisons, but having to visit several different sites and enter the same data into a form gets old quite quickly. But it’s absolutely necessary to compare as many rates as possible if you are searching for a lower rate.

The smarter way to find cheaper rates uses one form that analyzes rates from a bunch of companies at once. It’s a real time-saver, eliminates repetitive work, and makes online shopping much easier. After sending your information, it gets priced with multiple companies and you can pick any one of the quotes that you receive. If you find a better price you can click and sign and buy the new coverage. The whole process only takes a few minutes and you will find out if you’re overpaying now.

In order to compare pricing, click here and submit your coverage information. If you have coverage now, it’s recommended you type in identical to your current policy. This guarantees you are getting a fair comparison using the same coverage and limits.

Save $422 a year. For real?

Iowa consumers can’t get away from ads for cheaper car insurance by companies like State Farm, Allstate and GEICO. All the companies make the same claim about savings if you change to insurance image

But how can every company make almost identical claims?

All companies are able to cherry pick for the driver that is profitable for them. For example, a desirable insured might be over the age of 40, owns a home, and drives less than 10,000 miles a year. A propective insured that hits that “sweet spot” receives the best rates and therefore will save a lot of money.

Drivers who fall outside these standards will be quoted higher prices which leads to business going elsewhere. The ad wording is “customers that switch” not “everyone that quotes” save that much. That’s the way companies can advertise the savings. This emphasizes why you absolutely need to get as many comparisons as possible. It’s impossible to know which insurance companies will give you the biggest savings.

These discounts can slash car insurance rates

Car insurance companies don’t list all their discounts in a way that’s easy to find, so we break down some of the best known and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount available, you are paying more than you should be.

  • Pay Upfront and Save – By paying your policy upfront rather than paying monthly you could save up to 5%.
  • Club Memberships – Affiliation with certain professional organizations may earn a discount on car insurance.
  • Auto/Home Discount – If you have multiple policies with the same company you may earn approximately 10% to 15%.
  • Paperless Signup – A few companies give back up to $50 for buying a policy and signing up on their website.
  • Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy prior to your current policy expiration. The savings is around 10%.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. Most cut individual premiums such as physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, companies wouldn’t make money that way.

To see a list of insurance companies with the best car insurance discounts in Burlington, click here to view.

More detailed Iowa car insurance information is located at the Iowa Insurance Division website. Consumers can download brochures, find out industry alerts, and file complaints about an insurance agent or broker.

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In Summary

We just covered quite a bit of information on how to reduce car insurance prices online. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the lowest rates come from a lesser-known regional company. They often have lower prices on specific markets than the large multi-state companies such as Progressive and GEICO.

When buying insurance coverage, you should never buy less coverage just to save a little money. There are a lot of situations where an insured cut liability limits or collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy enough coverage for the lowest price.