Car Insurance in Highland - 5 Discounts You Might be Losing Out On
Finding lower premiums on Highland car insurance is a challenge for consumers new to shopping for insurance online. There are so many choices that it can quickly become more work than you anticipated to compare prices in Highland.
It's important to take a look at other company's rates once or twice a year since rates are constantly changing. Even if you got the best price a few years ago you will most likely find a better rate today. Forget anything you know (or think you know) about car insurance because I'm going to let you in on the secrets to the only way to properly buy coverages while reducing your premium.
If you have insurance now or are looking for a new policy, you can learn to find better prices and still get good coverage. Pricing affordable coverage in Highland is quite easy. Indiana consumers only need to know the tricks to get comparison quotes online.
Take advantage of discounts
Car insurance can cost a lot, but you can get discounts that many people don't even know exist. Some discounts apply automatically at the time of purchase, but less common discounts must be manually applied prior to receiving the credit. If they aren't giving you every credit available, you are throwing money away.
- Passive Restraints - Vehicles with factory air bags can get savings of 20% or more.
- Service Members Pay Less - Having a deployed family member could mean lower rates.
- Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
- Defensive Driver - Completing a driver safety course could save 5% or more if you qualify.
- Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
A little note about advertised discounts, most credits do not apply to the entire cost. Most only cut specific coverage prices like medical payments or collision. So even though it sounds like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will cut your overall premium however.
Are car insurance companies telling the truth?
Consumers get pounded daily by advertisements for the lowest price auto insurance by State Farm and Allstate. All the ads say the same thing about savings if you switch to their company.
How do they all make the same claim? It's all in the numbers.
All companies can use profiling for the driver that earns them a profit. For example, a preferred risk could be over the age of 50, has no tickets, and has a short commute. Any new insured who fits that profile will qualify for the lowest rates and most likely will cut their rates substantially.
Potential customers who don't qualify for the "perfect" profile will be charged higher prices which usually ends up with business going elsewhere. The ad wording is "customers who switch" not "people who quote" save that much. That's why companies can truthfully make the claims of big savings.
That is why you should compare as many rates as you can. It's just too difficult to predict the company that will fit your personal profile best.
More Indiana car insurance information
Additional information can be found on the Indiana Department of Insurance website found here. Consumers can find out industry alerts, view a list of available companies, and read consumer alerts.
In the end, you save
You just learned a lot of information how to reduce car insurance prices online. The key thing to remember is the more you quote, the better your comparison will be. Drivers may discover the biggest savings come from a small mutual company.
Consumers switch companies for a variety of reasons including poor customer service, unfair underwriting practices, policy non-renewal and even questionable increases in premium. No matter why you want to switch, finding a new car insurance company is less work than it seems.
As you shop your coverage around, you should never buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped physical damage coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase a proper amount of coverage at the best price, not the least amount of coverage.
