Top Ways to Save on Deadwood Auto Insurance

Nobody I know looks forward to paying for auto insurance, particularly when their premiums are too high. Big-name insurance companies like State Farm, Allstate, GEICO and Progressive constantly blast consumers with TV and radio ads and it is difficult to sift through the bull and effectively compare rates to find the best deal.

It's important to shop coverage around occasionally because prices are constantly changing. Even if you got the lowest price two years ago you can probably find a better price now. Ignore everything you know about auto insurance because you're about to find out the only way to lower your rates without sacrificing coverage.

If you have insurance now or need new coverage, you will benefit by learning to find the best rates while maintaining coverages. Finding affordable coverage in Deadwood is easy if you know what you're doing. South Dakota vehicle owners just need to know the most effective way to compare rates online.

Tips to Get Lower Deadwood Rates

Consumers need to have an understanding of the factors that go into determining the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that may reward you with lower auto insurance prices.

With age comes lower rates - Older drivers are viewed as being more responsible, tend to file fewer claims and are safer drivers. Youthful drivers are statistically proven to be careless and easily distracted behind the wheel and because of this, their auto insurance rates are much higher.
High credit ratings translate to low rates - Credit score is a important factor in determining your rates. If your credit score is lower than you'd like, you could save money insuring your by improving your credit score. People with high credit scores tend to be more responsible as compared to drivers with poor credit.
Multi-policy discounts can save money - Most insurance companies will give a discount to insureds who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to 10 percent or more. Even though this discount sounds good, you still need to comparison shop to verify if the discount is saving money.
Theft deterrents lower rates - Owning a car with an alarm system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can help prevent auto theft.

Policy discounts you shouldn't miss

The cost of insuring your cars can be expensive, buy you may qualify for discounts that many people don't even know exist. Larger premium reductions will be automatically applied when you get a quote, but less common discounts must be specially asked for before you will receive the discount. If you aren't receiving every discount you qualify for, you are paying more than you should be.

College Student - Youth drivers who are attending college and do not have a car can receive lower rates.
Anti-lock Brakes - Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more.
Anti-theft Discount - Vehicles with anti-theft systems help deter theft and will save you 10% or more.
Payment Discounts - By paying your policy upfront instead of making monthly payments you could save up to 5%.
Sign Online - Certain companies may give you up to $50 for buying a policy and signing up digitally online.
Defensive Driver - Completing a defensive driving course can save you 5% or more if your company offers it.
Senior Citizens - If you're over the age of 55, you may qualify for a small decrease in premiums.
Life Insurance Discount - Select insurance companies reward you with better rates if you take out a life insurance policy as well.
Save with a New Car - Adding a new car to your policy can cost up to 25% less since new cars are generally safer.

Consumers should know that some of the credits will not apply to your bottom line cost. Some only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like it's possible to get free car insurance, companies don't profit that way. But all discounts will reduce the amount you have to pay.

To choose companies offering auto insurance discounts in Deadwood, click here.

Save $429 a year? Really?

Consumers in South Dakota can't ignore all the ads for cheaper car insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim that you'll save big if you switch your coverage to them.

How can each company claim to save you money?

All companies have a certain "appetite" for the type of customer that makes them money. For instance, a desirable insured might be a mature driver, owns a home, and chooses high deductibles. A customer getting a price quote that hits that "sweet spot" will get very good rates and is almost guaranteed to save when they switch companies.

Drivers who don't qualify for the requirements will have to pay higher premiums and this can result in the customer not buying. The ads say "customers that switch" but not "drivers who get quotes" save that much money. That is how companies can state the savings.

Because of the profiling, you should quote coverage with many companies. It's impossible to know which company will give you the biggest savings.

Insurance agents can help

When buying the best auto insurance coverage for your vehicles, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions might point out whether your personal situation would benefit from professional advice.

What are South Dakota no-fault laws?
Can I get a multi-policy discount for packaging my home and auto coverage?
Am I covered when renting a car or should I buy coverage from the car rental agency?
What can I do if my company won't pay a claim?
Does my personal policy cover me when driving my company car?
Should I rate my vehicle as pleasure use or commute?
Why does it cost so much to insure a teen driver in Deadwood?

If you can't answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you don't have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Much more information about auto insurance in South Dakota is located on the website for the South Dakota Division of Insurance located here. Visitors are able to read enforcement actions against agents and companies, find out industry alerts, read consumer alerts, and view a list of available companies.

A tidy conclusion

When buying insurance coverage, it's not a good idea to buy poor coverage just to save money. There are many occasions where an insured cut liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to find the BEST coverage at a price you can afford.

Discount auto insurance can be found both online as well as from independent agents in Deadwood, and you need to price shop both to have the best chance of lowering rates. Some insurance companies don't offer online price quotes and most of the time these small, regional companies sell through independent agents.