Free Guide to Cutting Costs on Mt Sterling Car Insurance Online

Did you fall for a flashy sales pitch and buy high-priced car insurance? Trust us when we tell you you're not the only one. Drivers have multiple to pick from, and even though it's nice to have a selection, it can be more challenging to compare rates.

Are you getting all your discounts?

Companies don't list every discount very clearly, so here is a list both the well known and also the lesser-known savings tricks you should be using. If you're not getting every credit possible, you're paying more than you need to.

  • No Accidents - Drivers with accident-free driving histories can earn big discounts when compared to bad drivers.
  • Driver Safety - Completing a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Distant Student - Kids in college who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • Save with a New Car - Buying coverage on a new vehicle can be considerably cheaper since new cars are generally safer.
  • No Charge for an Accident - Certain companies allow you one accident before raising your premiums if your claims history is clear prior to the accident.

A little note about advertised discounts, most discount credits are not given the the whole policy. Most only cut specific coverage prices like comp or med pay. Even though it may seem like you can get free auto insurance, you won't be that lucky.

To see a list of insurance companies who offer car insurance discounts in Missouri, click here to view.

How to Compare Mt Sterling Car Insurance Costs

Most companies like Progressive, Allstate and GEICO provide coverage prices online. Obtaining pricing is pretty painless as you simply type in the coverage amounts you desire as detailed in the form. Once you submit the form, the system will obtain information on your driving record and credit history and generates pricing information based on these and other factors. This helps simplify price comparisons, but the time it takes to visit multiple sites and type in the same information can be a bit repetitive. But it's very important to have as many quotes as possible if you want to find the best price on car insurance.

The preferred way to find better car insurance pricing makes use of a single form to obtain quotes from a bunch of companies at once. The form is fast, requires much less work on your part, and makes online quotes much more enjoyable and efficient. Immediately after you send the form, it gets priced and you can select any one of the price quotes you receive. If you find a better price you simply finish the application and buy the new coverage. The whole process only takes a few minutes and you will find out if you're overpaying now.

In order to find out if lower rates are available, click here to open in new window and input your coverage information. If you have a policy now, it's recommended you replicate the insurance coverages as close as possible to your current policy. This makes sure you will have a rate comparison based on the exact same insurance coverage.

Mt Sterling Rates are Influenced by These Factors

An important part of buying insurance is that you know the different types of things that help determine the rates you pay for car insurance. Knowing what impacts premium levels enables informed choices that will entitle you to lower car insurance prices.

The following are some of the factors car insurance companies consider when setting prices.

  • Your car insurance rates can be influenced by your job - Did you know your occupation can influence how much you pay for car insurance? Careers like doctors, business owners and financial analysts tend to have higher average rates due to high stress levels and lengthy work days. Conversely, occupations such as actors, engineers and performers receive lower rates.
  • Add-on coverages can add up - There are a ton of extra coverages that can waste your money when buying car insurance. Coverages for rental car reimbursement, accident forgiveness and term life insurance may be costing you every month. These may sound like a good investment initially, but if they're wasting money eliminate them to save money.
  • Mature drivers pay less - Youthful drivers in Missouri are known to be careless and easily distracted when behind the wheel so they pay higher car insurance rates. Older insureds are more cautious drivers, tend to file fewer claims and get fewer tickets.
  • Where you live can impact rates - Choosing to live in a rural area can save you money when talking about car insurance. Drivers who live in large cities have traffic congestion and much longer commute distances. Fewer people translates into fewer accidents and also fewer theft and vandalism claims.
  • Credit scores impact car insurance rates - Having a bad credit history is a big factor in calculating your car insurance rates. If your credit score is not that good, you could pay less to insure your by spending a little time repairing your credit. Drivers who have good credit tend to be better drivers and file fewer claims than drivers who have lower credit scores.
  • Men pay higher rates - Statistics demonstrate that women are safer drivers than men. However, this does not mean men are worse drivers. Women and men are in accidents at about the same rate, but the men have costlier accidents. Men also statistically receive more costly citations like DUI and reckless driving. Youthful male drivers are the most expensive to insure and therefore have the most expensive car insurance rates.
  • Bad driving skills means higher rates - A bad driving record has a lot to do with how much you pay for insurance. Careful drivers get better rates compared to drivers with tickets. Even one moving violation can boost insurance rates forty percent or more. If you have flagrant violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 form to the state department of motor vehicles in order to keep their license.

How can Progressive, Allstate and GEICO save drivers who switch?

Consumers in Missouri can't get away from ads that promise big savings by Progressive, Allstate and GEICO. They all make an identical promise about savings after switching to their company.

How does each company claim to save you money? It's all in the numbers.

All companies are able to cherry pick for the driver that is profitable for them. An example of a driver they prefer might be a mature driver, has no tickets, and drives less than 10,000 miles a year. Any driver who meets those qualifications will qualify for the lowest rates and as a result will probably save when switching.

Potential insureds who are not a match for these standards will be quoted more money and ends up with the customer not buying. The ad wording is "customers who switch" not "everybody who quotes" save that much. That's the way companies can truthfully advertise the way they do. This emphasizes why drivers must compare many company's rates. You cannot predict which car insurance company will provide you with the cheapest rates.

In the end, you save

Cheaper car insurance can be bought both online and also from your neighborhood Mt Sterling agents, and you need to price shop both to have the best chance of lowering rates. Some car insurance companies may not provide the ability to get a quote online and these smaller companies work with independent agents.

As you go through the steps to switch your coverage, make sure you don't reduce coverage to reduce premium. There are too many instances where an insured dropped liability limits or collision coverage only to find out that the savings was not a smart move. Your strategy should be to purchase a proper amount of coverage at the best price while still protecting your assets.

car insurance in Mt Sterling

Even more information is available at the Missouri Department of Insurance website. Visitors are able to read industry bulletins, discover disciplinary actions, read enforcement actions against agents and companies, and view agent and company licensing information.

Additional helpful sites include this online resource for car insurance quotes in Missouri and this list of insurance agents in Mt Sterling.