5 Discounts Gladstone Drivers Forget when Shopping for Car Insurance

Searching for the most affordable Gladstone car insurance online can seem to be intimidating for beginners to price shopping online. Since there are so many companies competing online, how can consumers possibly compare every one to find the lowest price?

It's important to compare prices on a regular basis since rates are constantly changing. If you had the best price on your last policy a different company probably has better rates today. Forget all the misinformation about car insurance because you're about to learn one of the easiest ways to find better coverage at a better price.

Buying car insurance in Gladstone is quite easy. If you are paying for car insurance now, you will be able to lower your premiums substantially using these methods. Nevertheless, Oregon consumers do need to know the way companies determine prices and apply this information to your search.

Save big with these 5 discounts

Companies offering auto insurance don't always advertise every available discount very well, so we took the time to find both the well known and the more hidden discounts you could be receiving.

  • Theft Prevention System - Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Own a Home - Being a homeowner can save you money because of the fact that having a home is proof that your finances are in order.
  • Service Members Pay Less - Being deployed with a military unit can result in better rates.
  • Good Student Discount - Performing well in school can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • Life Insurance Discount - Larger companies have a break if you buy auto and life insurance together.

Consumers should know that some of the credits will not apply to all coverage premiums. Most only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like all those discounts means the company will pay you, companies don't profit that way.

Gladstone car insurance quote

Car insurance ads bend the truth

Companies like Allstate and Progressive regularly use ads on TV and radio. All the ads have a common claim of big savings if you move to their company. But how can every company claim to save you money?

All the different companies have a preferred profile for the driver that earns them a profit. For example, a preferred risk might be between the ages of 30 and 50, insures multiple vehicles, and has great credit. Any new insured that hits that "sweet spot" is entitled to the best price and most likely will save a lot of money.

Potential customers who fall outside this ideal profile will be charged a more expensive rate and this can result in the customer not buying. The ads state "people who switch" not "people who quote" save that much. This is how insurance companies can confidently advertise the savings. That is why drivers should get as many quotes as possible. It's just too difficult to predict which insurance companies will fit your personal profile best.

For more Oregon car insurance information

More tips and info about car insurance can be found at the Oregon Insurance Division website. Visitors are able to read consumer alerts, get help finding coverage, and find disaster information.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this Gladstone agent directory.

Final considerations

When you buy insurance online, don't be tempted to skimp on coverage in order to save money. Too many times, drivers have reduced physical damage coverage only to discover later that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Cost effective car insurance is possible both online and also from your neighborhood Gladstone agents, and you should compare price quotes from both to have the best rate selection. There are still a few companies who may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

Drivers who switch companies do it for many reasons like policy cancellation, an unsatisfactory settlement offer, unfair underwriting practices and even high prices. Whatever your reason, finding the right car insurance provider is less work than it seems.