Top Ways to Save on Springfield Auto Insurance

I can't think of anyone who likes having to buy auto insurance, in particular when their premiums are too high.

Because you have many auto insurance companies to choose from, it's nearly impossible to locate the cheapest provider.

It's important to compare prices periodically because insurance rates are constantly changing. Despite the fact that you may have had the lowest price a year ago a different company probably has better rates today. Forget anything you know (or think you know) about auto insurance because you're about to learn one of the best ways to buy cheaper auto insurance.

Finding affordable coverage in Springfield is quite easy. In a nutshell, everyone who has to buy auto insurance should be able to save money. Nevertheless, Tennessee drivers do need to know how insurance companies compete online because it can help you find the best coverage.

Be sure to get all your discounts

Companies offering auto insurance don't always advertise all their discounts very well, so we researched both well-publicized and the harder-to-find discounts you could be receiving.

Bundle and Save - If you have multiple policies with one company you may earn approximately 10% to 15%.
Good Student - Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
College Student - Youth drivers who are attending college and do not have access to a covered vehicle can receive lower rates.
Theft Prevention System - Vehicles with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
Drive Less and Save - Fewer annual miles could be rewarded with a substantially lower rate.
Clubs and Organizations - Participating in a professional or civic organization may earn a discount on auto insurance.
Multiple Vehicles - Buying insurance for multiple vehicles on one policy qualifies for this discount.
Homeowners Savings - Owning a house in Springfield can save you money due to the fact that maintaining a home shows financial diligence.

Consumers should know that some of the credits will not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, companies don't profit that way.

How to Lower your Auto Insurance Rates

Smart consumers have a good feel for the factors that help determine the price you pay for auto insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that may reward you with big savings.

Where you live is a factor - Living in less populated areas can be a good thing when insuring your vehicles. Urban drivers tend to have much more traffic and longer commute times. Lower population means a lower chance of having an accident as well as less vandalism and auto theft.
Traffic violations increase rates - Just one citation can bump up the cost twenty percent or more. Drivers who don't get tickets tend to pay less for car insurance compared to drivers with tickets. Drivers who have flagrant citations like DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
Older drivers pay less - Teen drivers in Tennessee are known to be more careless behind the wheel so auto insurance rates are higher. Parents adding a teen driver onto a policy can be quite pricey. Older drivers are viewed as being more responsible, file fewer claims and are safer drivers.
How many coverages with the same company - Many insurance companies will give a discount to customers who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it's in your best interest to compare other company rates to verify if the discount is saving money.

How do I know if I need professional advice?

When it comes to buying the best auto insurance coverage for your vehicles, there really is no one size fits all plan. Every insured's situation is different and your policy should reflect that. For example, these questions may help highlight whether or not you may require specific advice.

What are the best liability limits?
Do I need to file an SR-22 for a DUI in Tennessee?
What are Tennessee no-fault laws?
Does my personal auto insurance policy cover using my vehicle for business use?
Is my nanny covered when driving my vehicle?
Are rental cars covered under my policy?

If you can't answer these questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Is there truth in advertising?

Auto insurance companies such as GEICO, State Farm and Progressive continually stream television and radio advertisements. They all seem to have a common claim of big savings after switching your coverage to them. But how can every company make almost identical claims? This is how they do it.

All the different companies have a certain "appetite" for the type of customer that earns them a profit. For instance, a desirable insured could possibly be over the age of 50, a clean driving record, and has excellent credit. A driver that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Drivers who don't measure up to this ideal profile will have to pay a higher premium and this can result in the driver buying from a lower-cost company. The ad wording is "drivers who switch" but not "drivers who get quotes" save that much money. That is how insurance companies can confidently make those claims. Because of the profiling, drivers should get a wide range of price quotes. It is impossible to predict which company will have the lowest rates.

Additional Tennessee consumer information

More tips and info about auto insurance is located at the Tennessee Department of Commerce and Insurance website. Tennessee consumers can view agent and company licensing information, file complaints about a company, read enforcement actions against agents and companies, and read consumer alerts.

Also read more on Wikipedia and this Springfield agent directory.

The best insurance company isn't always the cheapest

While you're price shopping online, do not skimp on coverage in order to save money. In many instances, someone dropped liability coverage limits only to discover later they didn't purchase enough coverage. The ultimate goal is to get the best coverage possible for the lowest price.

In this article, we presented a lot of techniques to reduce auto insurance prices online. The most important thing to understand is the more rate quotes you have, the better likelihood of reducing your rate. You may even discover the biggest savings come from a lesser-known regional company. Regional companies may often insure only within specific states and give getter rates compared to the large companies like .

Cost effective auto insurance can be bought online as well as from independent agents in Springfield, and you should be comparing both to have the best selection. Some companies don't offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.