5 Simple Tricks to Cut Car Insurance Costs in Lake St Louis, MO

Are you intimidated by the wide range of car insurance company choices in Lake St Louis? You're not alone. There are so many choices that it can turn into a big hassle to find better rates.

It's important to compare prices every six months since rates are constantly changing. Just because you found the best rates last year a different company probably has better rates today. There is a lot of bad advice regarding car insurance on the internet, so we're going to give you some great ways to find cheap car insurance.

Are you getting all your discounts?

Car insurance is not cheap, but you can get discounts that you may not know about. Larger premium reductions will be automatically applied at the time of quoting, but some may not be applied and must be asked for before you will receive the discount.

  • Theft Prevention Discount - Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Clubs and Organizations - Being a member of a civic or occupational organization could trigger savings on your policy.
  • Pay Now and Pay Less - If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Homeowners Discount - Being a homeowner may earn you a small savings because maintaining a house demonstrates responsibility.
  • Federal Government Employee - Active or retired federal employment could cut as much as 10% off with certain companies.

Keep in mind that most discount credits are not given to all coverage premiums. Most only reduce specific coverage prices like comprehensive or collision. So when the math indicates adding up those discounts means a free policy, it just doesn't work that way. But any discount will reduce the cost of coverage.

Lake St Louis car insurance quote

How can Allstate and Progressive save drivers who switch?

Companies like Allstate and Progressive consistently run ads on television and other media. All the ads make the same claim that you can save if you change to their company. How can each company claim to save you money? It's all in the numbers.

Insurance companies are able to cherry pick for the driver that earns them a profit. A good example of a preferred risk might be a mature driver, has no driving citations, and has great credit. Any new insured who matches those parameters will get the preferred rates and as a result will probably save when they switch companies.

Potential insureds who are not a match for the requirements will be charged more money which leads to the customer not buying. The ads state "customers who switch" not "everybody who quotes" save that much. That's the way insurance companies can advertise the savings.

That is why drivers should get as many comparisons as possible. It's just too difficult to predict which car insurance company will give you the biggest savings.

Learn more about Missouri car insurance

More information can be read on the Missouri Department of Insurance website found here. Visitors are able to read consumer alerts, find out which companies have the most complaints, and view a list of available companies.

Shop smart and save

As you prepare to switch companies, it's not a good idea to skimp on coverage in order to save money. Too many times, someone sacrificed collision coverage and discovered at claim time that the small savings ended up costing them much more. The aim is to get the best coverage possible at the best price, not the least amount of coverage.

Affordable car insurance can be sourced both online and also from your neighborhood Lake St Louis agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

Insureds leave their current company for a variety of reasons including policy cancellation, questionable increases in premium, unfair underwriting practices and even an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a new car insurance company is less work than it seems.