Tightwads Instructions on Saving on Miltonvale Car Insurance

Overpriced car insurance can empty your savings account and make it hard to pay other bills. Shopping your coverage around is a smart way to lower your monthly bill. Lots of contend to insure your vehicles, and because of this it can be hard to compare to find the absolute lowest price

Be sure to get all your discounts

Companies that sell car insurance don't list every discount in an easy-to-find place, so the following is a list of some of the more common and also the lesser-known car insurance savings. If they aren't giving you every credit you deserve, you are throwing money away.

  • Payment Discounts - If you pay your bill all at once instead of monthly or quarterly installments you can actually save on your bill.
  • Accident Waiver - A few companies allow you one accident before your rates go up if your claims history is clear prior to the accident.
  • Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
  • Own a Home - Simply owning a home may trigger a car insurance policy discount because owning a home demonstrates responsibility.
  • Early Signing - Some companies give discounts for switching to them prior to your current policy expiring. This can save 10% or more.

Keep in mind that most credits do not apply to all coverage premiums. Most only reduce specific coverage prices like liability and collision coverage. Just because you may think it's possible to get free car insurance, it just doesn't work that way.

compare Miltonvale car insurance rates

Is there truth in advertising?

Consumers get pounded daily by advertisements for car insurance savings by companies like State Farm, Allstate and GEICO. They all say the same thing that you can save if you switch to them.

How do they all make the same claim? It's all in the numbers.

All companies have a preferred profile for the type of driver that earns them a profit. A good example of a driver they prefer could be over the age of 40, insures multiple vehicles, and has a short commute. A customer who fits that profile will get the preferred rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't measure up to the "perfect" profile will be quoted a higher premium which usually ends up with business going elsewhere. The ads state "customers who switch" but not "drivers who get quotes" save money. This is how insurance companies can make the claims of big savings. This emphasizes why you should get quotes from several different companies. Because you never know which insurance companies will fit your personal profile best.

Additional detailed information can be read at the Kansas Insurance Department website. Consumers can view a list of available companies, learn about insurance regulations, read consumer alerts, and report car insurance fraud.

Best coverage at the best price

Affordable car insurance can be found from both online companies and with local Miltonvale insurance agents, and you need to comparison shop both to have the best rate selection. Some insurance providers do not offer you the ability to get quotes online and these small insurance companies work with independent agents.

As you shop your coverage around, never buy lower coverage limits just to save a few bucks. There have been many situations where drivers have reduced collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at the best price while still protecting your assets.