Easy Methods to Save Money on Hanover Auto Insurance

Buying the cheapest Hanover auto insurance on the web can be rather challenging for people who are new to comparison shopping online. Because there are so many online companies, how can consumers possibly compare them all to find the best price?

It's important to check auto insurance prices yearly since insurance rates are constantly changing. Even if you got the lowest price a few years ago you will most likely find a better rate today. Don't believe everything you read about auto insurance on the web, but we're going to give you some great ways to put money back in your pocket.

Save big with these discounts

Companies don't always publicize every available discount very clearly, so we researched some of the best known as well as the least known ways to save on auto insurance. If you're not getting every credit you deserve, you are throwing money away.

Good Student Discount - Performing well in school can save 20 to 25%. Earning this discount can benefit you until age 25.
Multi-policy Discount - If you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.
Braking Control Discount - Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
New Vehicle Savings - Insuring a new car is cheaper compared to insuring an older model.
Government Employees - Active or retired federal employment can earn a discount up to 10% with certain companies.

It's important to note that many deductions do not apply to your bottom line cost. Most cut individual premiums such as medical payments or collision. So even though they make it sound like you could get a free auto insurance policy, you're out of luck.

But I don't know anything about car insurance

When it comes to buying the best auto insurance coverage for your personal vehicles, there isn't really a single plan that fits everyone. Everyone's needs are different.

These are some specific questions can help discover if your situation could use an agent's help.

Should I buy only the required Illinois minimum liability coverage?
What is the difference between comprehensive and collision coverage?
Can I get a multi-policy discount for packaging my home and auto coverage?
Can I still get insurance after a DUI?
Am I covered if I drive in a foreign country?
Does my car insurance cover rental cars?
Should I drop comprehensive coverage on older vehicles?

If it's difficult to answer those questions, you may need to chat with an agent. If you don't have a local agent, complete this form. It's fast, doesn't cost anything and can help protect your family.

Auto insurance ads bend the truth

Illinois drivers get pounded daily by advertisements for car insurance savings by companies like State Farm and Allstate. All the ads make the same claim that you can save if you switch to them.

How does each company say the same thing?

Different companies have a preferred profile for the type of driver that earns them a profit. For instance, a preferred risk might be profiled as over the age of 40, has no prior claims, and has a short commute. A propective insured who matches those parameters gets the lowest rates and most likely will save when switching.

Drivers who fall outside these standards will be charged a higher premium which leads to business not being written. The ads say "customers that switch" not "people who quote" save money. This is how insurance companies can make the claims of big savings. That is why you should get a wide range of price quotes. It's not possible to predict which insurance companies will fit your personal profile best.

Additional detailed information is located at the Illinois Department of Insurance website. Illinois drivers can file complaints about a company, view agent and company licensing information, and find out industry alerts.

Also read more on III.org's auto insurance page and this directory of insurance agents in Hanover Illinois.

In the end, you save

Throughout this article, we presented many ideas to reduce auto insurance prices online. The key thing to remember is the more you quote, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with a small local company.

As you shop your coverage around, make sure you don't buy lower coverage limits just to save a few bucks. There have been many cases where consumers will sacrifice collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

Insureds switch companies for a number of reasons such as high prices, policy non-renewal, policy cancellation and even delays in paying claims. Whatever your reason, choosing a new insurance company is less work than it seems.