Tightwads Guide to Saving on Lincoln Auto Insurance

Have you had enough of robbing Peter to pay Paul each month for car insurance? You're in the same situation as many other Kansas consumers.

Because you have many insurance companies to choose from, it is very difficult to pick the lowest price insurance company.

It's important to shop coverage around before your policy renews because prices are constantly changing. If you had the best price last year the chances are good that you can find a lower rate today. Block out anything you think you know about auto insurance because you're about to learn one of the easiest ways to get good coverage at a lower rate.

How much can you save with discounts?

Companies that sell car insurance don't always advertise every available discount very well, so we took the time to find both the well known as well as the least known auto insurance savings.

Multi-policy Discount - When you combine your home and auto insurance with one company you will save approximately 10% to 15%.
Claim Free - Claim-free drivers can save substantially compared to bad drivers.
Lower Rates for Military - Having a deployed family member can result in better rates.
Theft Prevention System - Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
E-sign - A handful of insurance companies may give you up to $50 for buying your policy online.
Low Mileage - Keeping the miles down can earn lower rates on the low mileage vehicles.

A little note about advertised discounts, most credits do not apply to the entire cost. Most only cut individual premiums such as comprehensive or collision. So when the math indicates all those discounts means the company will pay you, you won't be that lucky.

To see a list of providers with the best auto insurance discounts in Kansas, follow this link.

Cheap Lincoln Auto Insurance Comparisons

There are several ways you can shop for auto insurance and some are less labor-intensive and much quicker. You can waste a lot of time talking to agents in Lincoln, or you could save time and use the web to get the quickest rates.

Many insurance companies are enrolled in a marketplace that allows shoppers to complete one form, and each participating company can give them a price based on the submitted data. This eliminates the need for quote forms for each company you want a rate for.

To submit your quote information now, click to open in new window.

The one downside to doing it this way is you can't choose which carriers you want to price. So if you prefer to pick specific insurance companies for rate comparison, we put together a list of auto insurance companies in Kansas. View list of Kansas insurance companies.

It doesn't matter which method you choose, just ensure you're using apples-to-apples deductibles and coverage limits for each price quote. If you enter different values for each quote it will be impossible to truly determine the lowest rate in Lincoln. Just a small difference in coverages may result in large price differences. And when price shopping your coverage, comparing more company's prices provides better odds of finding better pricing.

Tips to Get Lower Lincoln Rates

An important part of buying insurance is that you know some of the elements that come into play when calculating the rates you pay for auto insurance. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that can help you get big savings.

The list below includes a few of the "ingredients" used by your company to calculate your rates.

Bundling policies can get discounts - The majority of companies give discounts to insureds who have multiple policies with them, otherwise known as a multi-policy discount. Even if you're getting this discount you still need to compare rates to verify if the discount is saving money. Consumers may find better rates by insuring with multiple companies.
Rates may be lower depending on your job - Occupations like lawyers, architects and stock brokers have the highest rates because of high stress levels and lots of time spent at work. On the other hand, occupations like farmers, students and the unemployed get better rates.
Theft deterrents lower rates - Driving a car with an alarm system can help lower your rates. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your car from being stolen.
Your spouse saves you money - Having a spouse actually saves money when buying auto insurance. Marriage translates into being more responsible and it's proven that drivers who are married are more cautious.
Extra add-on coverages are wasting money - There are a lot of extra bells and whistles you can purchase when buying auto insurance. Things like vanishing deductibles, better glass coverage and additional equipment coverage are examples of these. These may sound like a good investment when you first buy your policy, but now you might not need them so remove them from your policy.
Mature drivers pay less - Youthful drivers in Kansas tend to be less responsible in a vehicle so auto insurance rates are higher. Mature drivers tend to be more responsible, file fewer claims and are safer drivers.
Sex matters - The statistics show women tend to be less risk to insure than men. However, don't assume that women are BETTER drivers than men. They both have accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like DUI and reckless driving.
Safe vehicles cost less to insure - Vehicles with good safety scores are cheaper to insure. Safer cars protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims passed on to you as lower rates.

Save 15 percent in 15 minutes? Is it for real?

Companies like Allstate and Progressive regularly use television and radio advertisements. All the ads say the same thing about savings if you move your coverage to them. But how can every company claim to save you money?

All the different companies can use profiling for the type of customer that is profitable for them. For example, a preferred risk might be between the ages of 30 and 50, is a homeowner, and has great credit. A customer getting a price quote who fits that profile will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Drivers who don't meet this ideal profile will be charged higher premiums which usually ends up with the customer not buying. The ad wording is "customers that switch" but not "drivers who get quotes" save that much money. That's why companies can truthfully advertise the savings. That is why drivers must get quotes from several different companies. It's impossible to know the company that will give you the biggest savings.

Shop smart and save

As you prepare to switch companies, do not reduce coverage to reduce premium. Too many times, an accident victim reduced physical damage coverage only to regret at claim time that the small savings ended up costing them much more. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

Cheaper auto insurance is possible both online as well as from independent agents in Lincoln, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who don't offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

Learn more today

Even more information can be found at the Kansas Insurance Department website. Visitors are able to read consumer alerts, read industry bulletins, view a list of available companies, and get help finding coverage.

Additional helpful sites include Wikipedia and this Lincoln agent directory.