Best Way to Find Low-Cost Madison Car Insurance

If you've never shopped for car insurance online, you can be overwhelmed because of the huge number of car insurance companies all offering big savings in Madison.

Policy discounts you shouldn't miss

Auto insurance companies do not advertise all available discounts very well, so here is a list both the well known and also the lesser-known car insurance savings. If you don't get every credit you qualify for, you are throwing money away.

  • Multi-car Discount - Buying insurance for more than one vehicle on one policy can get a discount on all vehicles.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
  • Good Student - Performing well in school can be rewarded with saving of up to 25%. The discount lasts until age 25.
  • Federal Employees - Active or retired federal employment may qualify you for a discount depending on your company.
  • Early Signing - Some companies give discounts for buying a policy prior to your current policy expiring. This can save 10% or more.

It's important to note that most credits do not apply to your bottom line cost. Most only reduce specific coverage prices like physical damage coverage or medical payments. So even though it sounds like all those discounts means the company will pay you, you're out of luck.

Insurance agents can help

When it comes to buying proper insurance coverage for your vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else's.

For example, these questions might point out whether your personal situation may require specific advice.

  • Am I covered when driving on a suspended license?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does my insurance cover a custom paint job?
  • Do I need to file an SR-22 for a DUI in Missouri?
  • Should I put collision coverage on all my vehicles?
  • Am I covered if I drive in a foreign country?
  • Does my car insurance cover rental cars?

If you don't know the answers to these questions but you know they apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form. It's fast, doesn't cost anything and you can get the answers you need.

Save $429 a year? Really?

Consumers in Missouri get pounded daily by advertisements for cheaper car insurance from companies such as Allstate, GEICO and Progressive. All the companies say the same thing that you can save if you switch your policy.

But how can every company claim to save you money? It's all in the numbers.

All the different companies have a certain "appetite" for the right customer that earns them a profit. An example of a profitable customer might be over the age of 50, owns a home, and has a high credit rating. Any driver who fits that profile will get the preferred rates and is almost guaranteed to save a lot of money.

Potential customers who don't qualify for this ideal profile must pay a higher premium which usually ends up with the customer not buying. The ads state "customers who switch" but not "drivers who get quotes" save that kind of money. That is how insurance companies can state the savings. This illustrates why you should quote coverage with many companies. You cannot predict which company will have the lowest rates.

For more Missouri car insurance information

Additional detailed information is available at the Missouri Department of Insurance website. Visitors are able to report car insurance fraud, find out industry alerts, and file complaints about a company.

Also read more on this page for Missouri car insurance and this page for help finding agents in Madison, MO.

Madison car insurance quote

In the end, you save

Lower-priced car insurance can be found both online in addition to many Madison insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies do not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

As you restructure your insurance plan, don't be tempted to buy lower coverage limits just to save a few bucks. In too many instances, an insured cut comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. Your focus should be to get the best coverage possible at the best price while not skimping on critical coverages.

We just presented a lot of tips how to reduce car insurance prices online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. Drivers may discover the biggest savings come from a small mutual company.