Top 8 Ways to Save Money on Car Insurance in St Louis

Scraping up a payment for overpriced car insurance can drain your personal savings and force you to make sacrifices. Doing a price comparison is free, only takes a few minutes, and is a good way to tighten up your finances.

Lots of contend for your business, and because of this it can be hard to compare and get the best coverage at the lowest price

It's important to get comparison quotes yearly since rates are constantly changing. Even if you think you had the lowest rates last year you will most likely find a better rate today. So ignore everything you know about car insurance because we're going to show you the tricks you need to know to save on car insurance.

If you currently have car insurance, you will most likely be able to lower your premiums substantially using this information. Finding affordable coverage in St Louis is easy if you know what you're doing. But Missouri car owners do need to know the way insurance companies market insurance on the web and use this information to your advantage.

Be sure to get all your discounts

Companies don't always advertise all their discounts in an easy-to-find place, so we break down some of the more common as well as the least known savings tricks you should be using.

Life Insurance - Select insurance companies reward you with lower rates if you buy life insurance from them.
Drive Less and Save - Low mileage vehicles can earn discounted rates on garaged vehicles.
Bundle and Save - If you have multiple policies with one company you could get a discount of 10% to 20% off each policy.
No Claims - Drivers who don't have accidents can save substantially as compared to drivers who are more careless.
Clubs and Organizations - Belonging to certain professional organizations is a good way to get lower rates on car insurance.
Pay Now and Pay Less - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
Seat Belts Save - Requiring all passengers to use a seat belt could save 15% off your PIP or medical payments premium.
Government Employees - Active or retired federal employment can earn a discount up to 10% with select insurance companies.

Drivers should understand that most discounts do not apply to your bottom line cost. Most cut individual premiums such as collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, companies wouldn't make money that way.

How do I know if I need professional advice?

When it comes to buying adequate coverage for your personal vehicles, there is no "perfect" insurance plan. Everyone's situation is a little different so your insurance should reflect that For example, these questions can help discover whether or not you would benefit from professional advice.

When does my teenage driver need to be added to my policy?
What happens if I owe more than my vehicle is worth?
Is my nanny covered when driving my vehicle?
Am I covered when driving on a suspended license?
Am I covered when driving in Canada or Mexico?
Will I be non-renewed for getting a DUI or other conviction?
Are rental cars covered under my policy?

If you're not sure about those questions but a few of them apply, you might consider talking to a licensed agent. If you don't have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Is there truth in advertising?

Car insurance companies such as GEICO, State Farm and Progressive consistently run television and radio advertisements. They all seem to make an identical promise that you'll save big if you change your policy. How do they all make the same claim?

Different companies have a preferred profile for the right customer that earns them a profit. For example, a desirable insured could be a mature driver, has no prior claims, and has great credit. Any new insured who meets those qualifications gets the lowest rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't measure up to the "perfect" profile will have to pay higher prices and ends up with business going elsewhere. The ads say "customers that switch" but not "drivers who get quotes" save that kind of money. This is how companies can advertise the savings. Because of the profiling, you should compare many company's rates. It's just too difficult to predict which insurance companies will give you the biggest savings.

More detailed Missouri car insurance information can be found at the Missouri Department of Insurance website. Consumers can view agent and company licensing information, file complaints about an insurance agent or broker, find disaster information, and report car insurance fraud.

The best insurance company isn't always the cheapest

As you prepare to switch companies, never buy lower coverage limits just to save a few bucks. In many instances, consumers will sacrifice uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. The ultimate goal is to purchase plenty of coverage at a price you can afford.

Budget-conscious car insurance is attainable from both online companies in addition to many St Louis insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.