Car Insurance in Owensville - 6 Discounts to Save Money

Finding affordable Owensville car insurance over the internet can seem to be rather challenging for consumers new to comparison shopping online. Because there are so many insurers available, how can you even start to compare the different rates to find the cheapest rates?

It's important to check car insurance prices on a regular basis since rates are constantly changing. Even if you got the best rates a couple years back you will most likely find a better rate today. You can find a lot of wrong information about car insurance on the web, but I'm going to show you some great ways to put money back in your pocket.

If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using this information. Locating affordable protection in Owensville can be fairly easy. Nevertheless, Missouri car owners do need to know how insurance companies price insurance differently.

Policy discounts you shouldn't miss

The cost of insuring your cars can be expensive, but there are discounts available to reduce the price significantly. Some discounts apply automatically at quote time, but some may not be applied and must be asked about in order for you to get them.

College Student - Kids in college living away from home attending college and do not have access to a covered vehicle can receive lower rates.
Accident Waiver - A few companies will forgive one accident before your rates go up as long as you don't have any claims for a set time period.
Life Insurance - Larger companies have lower rates if you buy life insurance.
Driver Safety - Successfully completing a driver safety course could cut 5% off your bill if you qualify.
Anti-lock Brake System - Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
Passive Restraint Discount - Factory air bags or automatic seat belts can get savings of up to 25% or more.

It's important to understand that most discount credits are not given to all coverage premiums. Most only cut individual premiums such as liability, collision or medical payments. So when it seems like all the discounts add up to a free policy, it doesn't quite work that way. Any qualifying discounts will cut the amount you have to pay.

Save $429 a year? Really?

Car insurance companies such as Progressive, GEICO, Allstate and State Farm continually stream television and radio advertisements. They all seem to make an identical promise of big savings after switching to them. How do they all make the same claim?

Insurance companies have a preferred profile for the type of driver that earns them a profit. A good example of a desirable insured could be over the age of 50, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential insureds who don't qualify for the "perfect" profile will have to pay more money and ends up with business going elsewhere. The ad wording is "customers that switch" but not "drivers who get quotes" save money. This is how insurance companies can confidently advertise the way they do.

Because of the profiling, you should compare many company's rates. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

For more Missouri car insurance information

Additional car insurance information can be read on the Missouri Department of Insurance website located here. Consumers can read enforcement actions against agents and companies, get help finding coverage, and file complaints about an insurance agent or broker.

Affordable insurance is out there

As you go through the steps to switch your coverage, you should never buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced full coverage and found out when filing a claim that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage at a price you can afford.

Low-cost car insurance can be purchased from both online companies and with local Owensville insurance agents, and you should be comparing both in order to have the best chance of saving money. Some car insurance companies do not offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

You just learned some good ideas how you can reduce car insurance prices online. The most important thing to understand is the more times you quote, the higher your chance of finding lower rates. Consumers may even find the biggest savings come from a small local company.