How to Know You're Throwing Money Away for Auto Insurance in Lesterville

Are you sick and tired of trying to scrape together enough money each month for car insurance? You are in the same boat as many other drivers in South Dakota. Companies like State Farm, Allstate, GEICO and Progressive increase brand awareness with TV and radio ads and consumers find it hard to sift through the bull and do the work needed to find the best deal.

More discounts equal less premium

Companies don't list all available discounts in a way that's easy to find, so we break down both well-publicized and the harder-to-find auto insurance savings. If you aren't receiving every discount available, you are throwing money away.

  • Military Rewards - Having a deployed family member can result in better rates.
  • Use Seat Belts - Buckling up and requiring all passengers to use their safety belts can save 10% or more off your PIP or medical payments premium.
  • Accident Free - Claim-free drivers can save substantially when compared with drivers who are more careless.
  • Pay Upfront and Save - If you pay your bill all at once instead of monthly or quarterly installments you can actually save on your bill.
  • More Vehicles More Savings - Having multiple cars or trucks on one policy qualifies for this discount.

Keep in mind that most credits do not apply to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. Just because it seems like adding up those discounts means a free policy, it just doesn't work that way.

auto insurance in Lesterville

Switch companies and save? Really?

South Dakota consumers get pounded daily by advertisements for the lowest price auto insurance by companies like 21st Century, Allstate and State Farm. All the companies say the same thing that you can save if you move to them.

How can each company make almost identical claims? This is how they do it.

Insurance companies can use profiling for the type of driver that earns them a profit. For example, a profitable customer could possibly be between the ages of 30 and 50, is a homeowner, and chooses high deductibles. A customer getting a price quote who fits that profile will get very good rates and therefore will save when they switch companies.

Potential customers who do not match the requirements must pay a higher premium which usually ends up with the driver buying from a lower-cost company. The ads say "drivers who switch" not "everyone that quotes" save money. That's why insurance companies can state the savings. This illustrates why you should get a wide range of price quotes. It's impossible to know the company that will give you the biggest savings.

Learn more today

Additional detailed information can be found at the South Dakota Division of Insurance website. South Dakota consumers can find disaster information, find a variety of consumer forms, read industry bulletins, and view a list of available companies.

In the end, you save

Affordable auto insurance is definitely available online and with local Lesterville insurance agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies do not offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

When buying insurance coverage, it's not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. The proper strategy is to find the BEST coverage for the lowest price while not skimping on critical coverages.