Tightwads Instructions on Saving on Land O Lakes Car Insurance

Expensive car insurance can take a big chunk out of your bank account, especially in this economy. Shopping your coverage around is a smart way to slash your bill and have more diposable income. Lots of contend for your hard-earned dollar, and because of this it can be hard to compare to get the lowest price

It's important to shop coverage around quite often since rates are constantly changing. Just because you had the best rates a couple years back you can probably find a better price now. There is a lot of bad information regarding car insurance online but I'm going to show you some great ways to quit paying high car insurance rates.

Tips to Get Lower Land O Lakes Rates

Consumers need to have an understanding of some of the elements that go into determining the rates you pay for car insurance. Understanding what influences your rates empowers consumers to make smart changes that may reward you with big savings.

Listed below are some of the items used by your company to calculate rates.

With age comes lower rates - More mature drivers are viewed as being more responsible, file fewer claims and receive fewer citations. Youthful drivers are statistically proven to be less responsible when driving therefore car insurance rates are much higher.
Poor driving leads to higher costs - Drivers who don't get tickets tend to pay less for car insurance than bad drivers. Just one speeding ticket can bump up the cost by as much as thirty percent. Drivers who have serious citations such as DUI or reckless driving may need to file a SR-22 to the state department of motor vehicles in order to continue driving.
Drive less and save money - The more miles you rack up on your car in a year's time the more you will pay for car insurance. Almost all companies charge to insure your cars based on their usage. Vehicles not used for work or commuting get more affordable rates than those used for commuting. Ask your agent if your car insurance policy is showing how each vehicle is driven.
Don't get talked into coverage you don't need - There are many add-on coverages that you can buy when buying car insurance. Coverages like roadside assistance, towing coverage and additional equipment coverage are examples of these. These coverages may sound good when talking to your agent, but now you might not need them so get rid of them and save.
One company can mean more discounts - Most companies will give a discount to insureds who carry more than one policy. It's known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even with this discount, it's in your best interest to comparison shop to verify if the discount is saving money.

Take advantage of discounts

Car insurance companies don't necessarily list all their discounts in an easy-to-find place, so the following is a list of both the well known and the harder-to-find car insurance savings. If they aren't giving you every credit you deserve, you are paying more than you should be.

College Student - Children living away from home attending college and do not have a car may qualify for this discount.
Save with a New Car - Insuring a new car can cost up to 25% less due to better safety requirements for new cars.
Good Student Discount - This discount can be rewarded with saving of up to 25%. The good student discount can last until age 25.
Multi-car Discount - Insuring more than one vehicle with the same company qualifies for this discount.
Discount for Life Insurance - Some companies give lower rates if you buy auto and life insurance together.

It's important to note that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, you're out of luck.

To choose companies offering car insurance discounts in Land O Lakes, follow this link.

Are car insurance companies telling the truth?

Consumers in Wisconsin can't ignore all the ads for car insurance savings from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing that you can save if you switch your coverage to them.

How do they all claim to save you money? This is how they do it.

All the different companies have a preferred profile for the type of customer that makes them money. A good example of a desirable insured might be over the age of 40, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who fits that profile will qualify for the lowest rates and most likely will cut their rates substantially.

Consumers who don't qualify for the "perfect" profile will have to pay higher prices which usually ends up with the customer not buying. The ad wording is "drivers who switch" not "people who quote" save that much money. This is how insurance companies can advertise the way they do. Because of the profiling, you should compare as many rates as you can. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

How to know if you need help

When buying coverage for your personal vehicles, there is no "best" method to buy coverage. Every insured's situation is different so your insurance needs to address that. These are some specific questions may help you determine whether your personal situation could use an agent's help.

Why does it cost so much to insure a teen driver in Land O Lakes?
Should I file a claim if it's only slightly more than my deductible?
Why am I required to buy high-risk coverage?
Am I covered when driving on a suspended license?
What happens if I owe more than my vehicle is worth?
Do I really need UM/UIM coverage?
Does my personal auto insurance policy cover using my vehicle for business use?
Is my dog or cat covered if injured in an accident?

If you don't know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

More sites with car insurance information

Additional detailed information can be read at the Wisconsin Office of the Commissioner of Insurance website. Visitors are able to read enforcement actions against agents and companies, file complaints about a company, file complaints about an insurance agent or broker, and discover disciplinary actions.

Best coverage at the best price

As you go through the steps to switch your coverage, never buy poor coverage just to save money. There are many occasions where drivers have reduced full coverage and found out when filing a claim that the savings was not a smart move. Your aim should be to get the best coverage possible for the lowest price.

We just covered many ways to save on car insurance. The key thing to remember is the more times you quote, the higher the chance of saving money. Drivers may discover the lowest premiums are with a lesser-known regional company. Some small companies often have lower prices on specific markets than their larger competitors like .

Lower-priced car insurance is available both online as well as from independent agents in Land O Lakes, and you need to comparison shop both in order to have the best price selection to choose from. Some car insurance companies don't offer online price quotes and most of the time these small insurance companies sell through independent agents.