7 Tricks to Save on Car Insurance in Parma

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me when I say many Parma consumers feel financially strained by their car insurance policy.

You have so many to buy insurance from, and although it's a good thing to be able to choose, lots of choices makes it harder to compare rates.

It's important to shop coverage around every six months since rates are constantly changing. Despite the fact that you may have had the best deal a year ago you can probably find a better price now. Starting now, block out anything you think you know about car insurance because we're going to show you the proper way to find better rates and still maintain coverage.

Missouri car insurance

Save big with these seven discounts

Car insurance companies don't always publicize every available discount very clearly, so here is a list both the well known and the harder-to-find savings tricks you should be using.

  • Discount for Good Grades - This discount can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.
  • Multiple Vehicles - Insuring multiple vehicles with the same company qualifies for this discount.
  • Resident Student - Kids in college who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • Life Insurance - Some companies give a discount if you purchase auto and life insurance together.
  • Payment Method - If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
  • E-sign - A handful of insurance companies may give you up to $50 just for signing your application over the internet.
  • Low Mileage - Fewer annual miles can qualify you for discounted rates on garaged vehicles.

Keep in mind that most discounts do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like medical payments or collision. So when the math indicates all those discounts means the company will pay you, it just doesn't work that way.

To choose providers who offer car insurance discounts in Missouri, click here to view.

Car insurance ads bend the truth

Companies like State Farm and Allstate continually stream ads on TV and radio. All the ads make an identical promise that you can save after switching your coverage to them. How does each company claim to save you money? This is how they do it.

All the different companies are able to cherry pick for the type of customer that makes them money. An example of a preferred risk might be between the ages of 30 and 50, has no driving citations, and has excellent credit. Any new insured who meets those qualifications will get the preferred rates and most likely will save when switching.

Drivers who fall outside these standards will be charged a higher premium and ends up with the customer not buying. The ads state "drivers who switch" not "people who quote" save that much money. That's the way insurance companies can make those claims. That is why you should get as many comparisons as possible. It's just too difficult to predict which car insurance company will have the lowest rates.

Learn more about Missouri car insurance

Additional detailed information is available at the Missouri Department of Insurance website. Visitors are able to file complaints about a company, report car insurance fraud, read enforcement actions against agents and companies, and file complaints about an insurance agent or broker.

Affordable insurance is out there

We just covered many tips how you can save on car insurance. The most important thing to understand is the more you quote, the more likely it is that you will get a better rate. You may even find the lowest rates come from a smaller regional carrier. Some small companies can often insure niche markets at a lower cost than their larger competitors like .

Affordable car insurance can be bought both online as well as from independent agents in Parma, and you should compare price quotes from both to have the best selection. Some companies don't offer online price quotes and many times these smaller companies only sell through independent insurance agents.

While you're price shopping online, it's very important that you do not buy poor coverage just to save money. There have been many cases where someone sacrificed liability limits or collision coverage only to find out they didn't purchase enough coverage. Your goal should be to get the best coverage possible for the lowest price, not the least amount of coverage.