Getting the Cheapest Eldon Auto Insurance

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us when we tell you many consumers are feeling buyer's remorse and feel like there's no way out.

Popular companies such as State Farm, Allstate, GEICO and Progressive increase brand awareness with fancy advertisements and it is difficult to sift through the bull and effectively compare rates to find the best deal.

It's important to compare prices every six months because prices are constantly changing. Just because you found the lowest rates a few years ago you will most likely find a better rate today. So just block out anything you think you know about auto insurance because you're going to get a crash course in the tricks you need to know to find lower rates on auto insurance.

If you have car insurance now, you will most likely be able to lower your premiums substantially using these methods. Buying car insurance in Eldon is quite easy. Nevertheless, Missouri drivers do need to know how big insurance companies sell online and use this information to your advantage.

Take advantage of discounts

The cost of insuring your cars can be expensive, but you can get discounts that you may not know about. A few discounts will automatically apply when you get a quote, but lesser-known reductions have to be manually applied before you will receive the discount.

  • Save over 55 - If you qualify as a senior citizen, you may be able to get better auto insurance rates.
  • Multiple Vehicles - Insuring multiple vehicles on one policy could earn a price break for each car.
  • Homeowners Discount - Owning a house in Eldon can help you save on auto insurance due to the fact that maintaining a home is proof that your finances are in order.
  • Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
  • Sign Online - Certain companies will discount your bill up to fifty bucks simply for signing digitally online.
  • Clubs and Organizations - Participating in a civic or occupational organization is a good way to get lower rates on auto insurance.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to complete a driver education course if it's offered in school.
  • Drive Less and Save - Fewer annual miles can earn discounted rates on garaged vehicles.

Consumers should know that most discount credits are not given to all coverage premiums. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will reduce your overall premium however.

Eldon auto insurance comparison

Are auto insurance companies telling the truth?

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm continually stream ads on TV and radio. They all seem to make an identical promise of big savings after switching to their company. How can each company make almost identical claims?

All companies are able to cherry pick for the driver that earns them a profit. For example, a desirable insured could possibly be between 30 and 50, has no driving citations, and drives less than 7,500 miles a year. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and most likely will save when they switch companies.

Drivers who don't qualify for the requirements will have to pay higher premiums and ends up with the driver buying from a lower-cost company. The ad wording is "people who switch" not "people who quote" save that much. That's the way insurance companies can confidently advertise the way they do.

Because of the profiling, you should get quotes from several different companies. It's impossible to know which auto insurance company will provide you with the cheapest rates.

Learn more about Missouri auto insurance

Additional auto insurance information can be found on the website for the Missouri Department of Insurance through this link. Missouri consumers can read enforcement actions against agents and companies, find out which companies have the most complaints, get help finding coverage, and view a list of available companies.

Final considerations

When shopping online for auto insurance, it's not a good idea to buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at an affordable rate.

Cost effective auto insurance can be sourced online and also from your neighborhood Eldon agents, so compare prices from both to have the best chance of lowering rates. Some auto insurance companies may not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.