Top 7 Ways to Pay Less on Car Insurance in Palmyra

No one looks forward to paying for car insurance, especially when their premiums are too high.

Companies like GEICO and Progressive persitently shower you with ad campaigns and consumers find it hard to sift through the bull and do the work needed to find the best deal.

Are you getting all your discounts?

Companies don't always list all available discounts in a way that's easy to find, so we researched some of the more common as well as the least known ways to save on car insurance.

  • Homeowners Savings - Owning a home in Palmyra may earn you a small savings because maintaining a house shows financial diligence.
  • Passive Restraint Discount - Vehicles equipped with air bags or motorized seat belts can qualify for discounts up to 30%.
  • Service Members Pay Less - Having a family member in the military could be rewarded with lower premiums.
  • Federal Employees - Active or retired federal employment could cut as much as 10% off depending on your company.
  • Theft Prevention Discount - Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Paperless Signup - A few companies will give a small break just for signing your application digitally online.
  • Clubs and Organizations - Belonging to a civic or occupational organization could trigger savings when buying car insurance.

Keep in mind that most discount credits are not given to the entire policy premium. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, it just doesn't work that way.

Tailor your coverage to you

When it comes to buying the best car insurance coverage for your vehicles, there really is not a "perfect" insurance plan. Everyone's needs are different so this has to be addressed. For instance, these questions may help highlight whether you would benefit from professional advice.

  • When do I need to add a new car to my policy?
  • Can I rate high risk drivers on liability-only vehicles?
  • Am I covered when delivering products for my home-based business?
  • Am I covered if I drive in a foreign country?
  • Do I need special endorsements for business use of my vehicle?
  • Does my liability insurance cover pulling a trailer or camper?

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

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

Allstate, GEICO and Progressive consistently run ads on television and other media. All the companies make the same claim that you can save if you change to their company. How can each company make the same claim?

Insurance companies have a certain "appetite" for the driver that earns them a profit. For instance, a profitable customer could be a mature driver, a clean driving record, and has great credit. Any new insured who matches those parameters is entitled to the best price and as a result will probably save when they switch companies.

Drivers who are not a match for the requirements must pay a higher premium which leads to business going elsewhere. The ads state "customers that switch" not "everybody who quotes" save that much. That is how insurance companies can advertise the savings. This illustrates why drivers should compare many company's rates. It's just too difficult to predict which company will fit your personal profile best.

Additional Missouri consumer information

Additional detailed information is located at the Missouri Department of Insurance website. Consumers can report car insurance fraud, file complaints about a company, find disaster information, and download brochures.

Missouri car insurance

The best insurance company isn't always the cheapest

Affordable car insurance is attainable from both online companies and also from your neighborhood Palmyra agents, and you need to price shop both to have the best selection. There are still a few companies who may not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

You just learned some good ideas how to reduce car insurance prices online. It's most important to understand that the more rate comparisons you have, the better your chances of lowering your rates. Consumers may even find the best price on car insurance is with a small local company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as .