Top 8 Ways to Save Money on Car Insurance in Cheyenne

Overpriced car insurance can dwindle your personal savings and force you to make sacrifices. Shopping your coverage around is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.

You have so many to buy insurance from, and though it is a good thing to have multiple companies, lots of choices makes it harder to compare rates.

Policy discounts you shouldn't miss

Companies don't always advertise every discount very clearly, so we break down both the well known and the harder-to-find savings tricks you should be using.

  • Government Employees - Active or retired federal employment can save as much as 8% with a few car insurance companies.
  • Life Insurance - Some companies give a discount if you purchase a life insurance policy as well.
  • Low Mileage Discounts - Low mileage vehicles can earn discounted rates on garaged vehicles.
  • Accident Waiver - Certain companies will allow you to have one accident before your rates go up if your claims history is clear prior to the accident.
  • Save with a New Car - Insuring a new car is cheaper since new cars are generally safer.
  • Pay Now and Pay Less - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Clubs and Organizations - Being a member of a qualifying organization is a good way to get lower rates when shopping for car insurance.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class if offered at their school.

Keep in mind that most discount credits are not given to your bottom line cost. Some only reduce the price of certain insurance coverages like comp or med pay. Just because you may think you can get free auto insurance, it just doesn't work that way.

Insurance agents can help

When it comes to buying adequate coverage for your personal vehicles, there isn't really a "best" method to buy coverage. Every insured's situation is different so your insurance should reflect that For example, these questions can help discover whether your personal situation might need an agent's assistance.

  • Do I have coverage for damage caused while driving under the influence?
  • What happens if I owe more than my vehicle is worth?
  • Is my vehicle covered for flood damage?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Who is covered when they drive my vehicle?
  • Do I have any recourse if my insurance company denies a claim?
  • Are rental cars covered under my policy?

If you're not sure about those questions but a few of them apply, you may need to chat with a licensed agent. If you don't have a local agent, complete this form or you can also visit this page to select a carrier

Save $429 a year? Really?

Car insurance providers like Progressive, Allstate and GEICO consistently run television and radio advertisements. They all make an identical promise that you can save if you change your policy. How does each company claim to save you money? This is how they do it.

All companies have a preferred profile for the right customer that earns them a profit. For example, a driver they prefer might be between the ages of 30 and 50, has no prior claims, and chooses high deductibles. Any new insured who meets those qualifications will get very good rates and is almost guaranteed to save when switching.

Potential insureds who don't qualify for these standards will be quoted more money and ends up with the customer not buying. The ads say "drivers who switch" but not "drivers who get quotes" save that kind of money. This is how insurance companies can state the savings. This emphasizes why you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will give you the biggest savings.

Additional detailed information can be found at the Oklahoma Insurance Department website. Visitors are able to download brochures, file complaints about an insurance agent or broker, discover disciplinary actions, and get help finding coverage.

Oklahoma car insurance quotes

The best insurance company isn't always the cheapest

When buying insurance coverage, never buy lower coverage limits just to save a few bucks. There are too many instances where consumers will sacrifice uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your strategy should be to find the BEST coverage for the lowest price while still protecting your assets.

Affordable car insurance is attainable both online in addition to many Cheyenne insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.