10 Discounts Lafayette Drivers Forget when Buying Car Insurance

Having to pay for overpriced car insurance can dwindle your bank account and force you to make sacrifices. Comparison shopping is a smart way to reduce premiums and put more money in your pocket.

Big companies like State Farm, Allstate, GEICO and Progressive persitently shower you with catchy ads and it can be hard to sift through the bull and find the best price available.

It's important to check car insurance prices on a regular basis since rates are constantly changing. If you had the lowest price a few years ago you may be paying too much now. There is a lot of bad advice regarding car insurance online, so I'm going to show you some great ways to slash your car insurance rates.

If you currently have car insurance, you stand a good chance to be able to cut costs considerably using these techniques. Choosing the best insurance company for you in Lafayette is not that difficult. Although Tennessee car owners do need to know how insurance companies determine prices because it can help you find the best coverage.

Which Car Insurance is Cheapest in Lafayette, Tennessee?

Most major insurance companies provide prices for coverage directly from their websites. Getting quotes is fairly straightforward as you just type in the coverages you want into the quote form. Behind the scenes, their rating system will obtain information on your driving record and credit history and gives you a price quote based on many factors. Online quotes makes comparing rates easy, but the process of having to visit several different sites and type in the same information can be a bit tiresome and repetitive. Unfortunately, it is important to compare as many rates as possible if you want to find a lower rate.

Quote rates the easy way

A less time-consuming method to find lower prices is to use a quote form that gets price quotes from several companies at one time. It's a real time-saver, requires much less work on your part, and makes comparison shopping much easier to do. As soon as you send your information, it gets priced and you are able to buy your choice of the returned quotes.

If one or more price quotes are lower than your current rates, you can click and sign and buy the policy. The whole process can be completed in a matter of minutes and you will find out if you're overpaying now.

To find out how much you're overpaying now, click here and submit your coverage information. If you have coverage now, it's recommended that you enter coverages and limits as close as possible to your current policy. This way, you are getting comparison quotes based on similar coverages.

Lafayette car insurance comparison

More discounts equal less premium

The cost of insuring your cars can be expensive, but there are discounts available to help offset the cost. Some discounts apply automatically at quote time, but a few must be manually applied in order for you to get them.

  • College Student - Children who are attending college without a vehicle on campus may be able to be covered for less.
  • Own a Home - Owning a house in Lafayette may trigger a car insurance policy discount because of the fact that having a home shows financial diligence.
  • Drivers Ed for Students - Require your teen driver to complete a driver education course in high school.
  • Military Rewards - Having a deployed family member can result in better rates.
  • Anti-lock Brake Discount - Vehicles with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
  • Passive Restraints and Air Bags - Factory air bags or automatic seat belts can qualify for discounts of 20% or more.
  • Government Employees - Simply working for the federal government can earn a discount up to 10% with select insurance companies.
  • Pay Upfront and Save - If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Accident Waiver - A handful of insurance companies will allow you to have one accident without raising rates as long as you don't have any claims for a certain period of time.
  • Bundle and Save - When you have multiple policies with the same insurance company you could get a discount of 10% to 20% off each policy.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like you could get a free car insurance policy, you won't be that lucky. Any amount of discount will reduce your premiums.

For a list of companies with the best car insurance discounts in Lafayette, follow this link.

Additional information is located on the website for the Tennessee Department of Commerce and Insurance. Click here for link. Consumers can read enforcement actions against agents and companies, get help finding coverage, download brochures, and view a list of available companies.

Do the work, save more money

When shopping online for car insurance, it's not a good idea to reduce needed coverages to save money. There are many occasions where drivers have reduced collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible for the lowest price.

The cheapest car insurance is possible from both online companies and with local Lafayette insurance agents, and you should be comparing both in order to have the best chance of saving money. Some car insurance companies do not offer online quoting and most of the time these small, regional companies sell through independent agents.