Best 6 Ways You Can Buy Car Insurance for Less in New London Missouri

Saving money on New London car insurance is difficult for consumers new to buying insurance online. Consumers have so many choices that it can easily become a challenge to compare prices in New London.

Pricing the lowest cost protection in New London is quite easy. If you have a current car insurance policy or are looking for a new policy, you can learn to find better prices while maintaining coverages. Missouri vehicle owners just need to know the best way to get comparison rates over the internet.

Save big with these six discounts

Properly insuring your vehicles can get expensive, but there could be available discounts that you may not know about. Certain discounts will be triggered automatically at the time of purchase, but a few need to be specially asked for prior to receiving the credit. If you're not getting every credit available, you are throwing money away.

  • No Accidents - Claim-free drivers can save substantially when compared to drivers who are more careless.
  • Payment Method - If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Paperwork-free - A few companies may give you up to $50 for buying a policy and signing up over the internet.
  • Distant Student - Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
  • Auto/Life Discount - Select insurance companies reward you with a discount if you purchase life insurance.
  • Multiple Policy Discount - If you have multiple policies with the same company you will save at least 10% off all policies.

Consumers should know that most discount credits are not given to the entire cost. Some only reduce the price of certain insurance coverages like comp or med pay. So when it seems like all the discounts add up to a free policy, companies don't profit that way. But all discounts will bring down your overall premium however.

Car insurance ads bend the truth

Consumers in Missouri get pounded daily by advertisements for the lowest price auto insurance by Progressive, Allstate and GEICO. They all make the same claim that you'll save big after switching to their company.

How does each company claim to save you money? This is how they do it.

Insurance companies can use profiling for the driver that earns them a profit. For example, a driver they prefer might be between the ages of 40 and 55, has no tickets, and chooses high deductibles. Any new insured who matches those parameters will get very good rates and most likely will save when switching.

Potential customers who fall outside these standards will be quoted higher prices which leads to the customer not buying. The ads say "drivers who switch" not "people who quote" save that much. That's why companies can state the savings.

This emphasizes why drivers should get as many comparisons as possible. It's just too difficult to predict the company that will give you the biggest savings.

More Missouri car insurance information

Much more information about car insurance in Missouri can be found on the Missouri Department of Insurance website. Click here for link. Visitors are able to read industry bulletins, view a list of available companies, and get help finding coverage.

compare New London car insurance rates

Best coverage at the best price

Insureds change insurance companies for any number of reasons including high rates after DUI convictions, unfair underwriting practices, an unsatisfactory settlement offer and even not issuing a premium refund. Whatever your reason, switching car insurance companies is less work than it seems.

Discount car insurance can be sourced both online and also from your neighborhood New London agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies may not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

When buying insurance coverage, it's very important that you do not skimp on coverage in order to save money. There are too many instances where an insured dropped physical damage coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to find the BEST coverage for the lowest price while still protecting your assets.