Car Insurance in Hamilton Missouri - 9 Discounts You Might be Losing Out On

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us, there are many Hamilton consumers feeling the pinch from expensive car insurance.

Consumers have many to buy insurance from, and even though it's nice to have multiple companies, it can be more difficult to compare rates.

How much can you save with these nine discounts?

Insurance can be prohibitively expensive, but there could be available discounts that many people don't even know exist. Some discounts apply automatically at the time of purchase, but lesser-known reductions have to be specifically requested prior to receiving the credit.

Fewer Miles Equal More Savings - Driving fewer miles can earn lower rates on the low mileage vehicles.
Multi-car Discount - Buying insurance for more than one vehicle on one policy could earn a price break for each car.
Anti-theft Discount - Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
No Charge for an Accident - Certain companies permit an accident before your rates go up so long as you haven't had any claims prior to the accident.
Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education in school.
New Car Discount - Buying coverage on a new vehicle is cheaper since new cars are generally safer.
Early Signing - A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.

As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the cost of specific coverages such as liability and collision coverage. So when it seems like it's possible to get free car insurance, car insurance companies aren't that generous. Any amount of discount will bring down the amount you have to pay.

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

21st Century, Allstate and State Farm constantly bombard you with television and radio advertisements. All the companies say the same thing about savings if you switch to their company. How does each company make the same claim?

All companies are able to cherry pick for the driver that earns them a profit. For example, a profitable customer could be over the age of 50, has no driving citations, and has excellent credit. Any new insured who fits that profile gets the lowest rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards must pay higher prices which usually ends up with business going elsewhere. Company advertisements say "people who switch" but not "drivers who get quotes" save that much. That's the way companies can truthfully make those claims.

This illustrates why drivers should quote coverage with many companies. It's just too difficult to predict which car insurance company will have the lowest rates.

Additional information can be found on the website for the Missouri Department of Insurance through this link. Consumers can find disaster information, report car insurance fraud, read consumer alerts, and learn about insurance regulations.

Do the work, save more money

Cheap car insurance can be found from both online companies and also from your neighborhood Hamilton agents, and you should be comparing both so you have a total pricing picture. Some companies may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

While you're price shopping online, never skimp on coverage in order to save money. There are a lot of situations where someone sacrificed uninsured motorist or liability limits only to regret they didn't purchase enough coverage. The proper strategy is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.