7 Ways You Can Buy Car Insurance for Less in Knob Noster Missouri

Are you sick and tired of robbing Peter to pay Paul each month for car insurance? You're in the same situation as many other Missouri drivers.

Because there are so many companies to choose from, it is very difficult to locate the cheapest provider.

It's important to compare prices before your policy renews since rates are constantly changing. Just because you found the lowest price a year ago you will most likely find a better rate today. There is a lot of wrong information about car insurance online but we're going to give you some great ways to put money back in your pocket.

Take advantage of discounts

Companies offering auto insurance don't always advertise every available discount very well, so we researched some of the more common and the harder-to-find ways to save on car insurance.

  • Multi-policy Discount - If you have multiple policies with the same company you will save approximately 10% to 15%.
  • Claim Free - Claim-free drivers pay much less compared to drivers who are more careless.
  • One Accident Forgiven - Some insurance companies will allow you to have one accident before your rates go up if you are claim-free for a particular time prior to the accident.
  • Early Switch Discount - Select companies give a discount for switching to them prior to your current policy expiring. It's a savings of about 10%.
  • Theft Prevention System - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Multiple Vehicles - Insuring multiple vehicles on one policy qualifies for this discount.
  • E-sign - A handful of insurance companies will give a small break for buying your policy online.

A little note about advertised discounts, most discount credits are not given to the entire cost. Most only cut the price of certain insurance coverages like comprehensive or collision. Just because you may think all those discounts means the company will pay you, you won't be that lucky.

Knob Noster car insurance quote

Are car insurance companies telling the truth?

Companies like Allstate and Progressive continually stream ads on TV and radio. All the ads make the same claim about savings after switching your coverage to them. But how can every company make the same claim? This is how they do it.

All the different companies can use profiling for the type of customer that earns them a profit. For instance, a preferred risk could be between the ages of 30 and 50, is a homeowner, and has excellent credit. Any new insured who matches those parameters will qualify for the lowest rates and most likely will save a lot of money.

Drivers who don't qualify for this ideal profile will be charged higher premiums which leads to business going elsewhere. The ad wording is "drivers who switch" not "people who quote" save that much money. That's why companies can truthfully make those claims. That is why you should get a wide range of price quotes. It's just too difficult to predict the company that will have the lowest rates.

Learn more today

Even more information is located at the Missouri Department of Insurance website. Consumers can read consumer alerts, read industry bulletins, learn about insurance regulations, and file complaints about a company.

Also read more on Wikipedia and this Knob Noster agent directory.

Final considerations

While you're price shopping online, don't be tempted to buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced collision coverage and learned later they didn't purchase enough coverage. The aim is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

Cheaper car insurance can be sourced from both online companies as well as from independent agents in Knob Noster, and you should compare price quotes from both to have the best chance of lowering rates. Some companies don't offer you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.