Tightwads Tips for Saving on Trenton Auto Insurance

Are you sick and tired of paying out the nose each month for car insurance? Your situation is no different than many other Missouri consumers.

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

It's important to shop coverage around once or twice a year because prices are constantly changing. If you had the lowest price on your last policy you can probably find a better price now. Forget all the misinformation about auto insurance because we're going to demonstrate one of the easiest ways to buy cheaper auto insurance.

Buying car insurance in Trenton is quite easy. If you currently have a car insurance policy, you should be able to cut costs considerably using these methods. Nevertheless, Missouri consumers do need to know the way companies determine prices because it can help you find the best coverage.

Tips to Get Lower Trenton Rates

Consumers need to have an understanding of the rating factors that come into play when calculating the rates you pay for auto insurance. Knowing what determines base rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.

The list below includes a partial list of the pieces used by your company to calculate your rates.

  • High credit ratings translate to low rates - Your credit rating is a huge factor in your rate calculation. People with excellent credit tend to be more responsible than drivers with lower ratings. So if your credit score can use some improvement, you could save money insuring your by spending a little time repairing your credit.
  • Claim-free discounts can add up - If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Insurance companies in Missouri give lower rates to policyholders who do not file claims often. Your insurance policy is intended for major claims that would cause financial hardship.
  • Lower rates with optional equipment - Driving a car with anti-theft technology or alarm system can get you a discount on your auto insurance. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your vehicle from being stolen.
  • With age comes lower rates - Youthful drivers in Missouri tend to be less responsible in a vehicle so they pay higher auto insurance rates. Mature drivers tend to be more responsible, statistically cause fewer accidents and receive fewer citations.
  • Being married can save on auto insurance - Having a wife or husband actually saves money on your auto insurance policy. Marriage translates into being more mature and responsible it has been statistically shown that drivers who are married are more cautious.
  • Drive a safer car and pay less - Vehicles with high crash test scores tend to have better insurance rates. Safer cars protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims and thus lower rates.
  • Rates may be lower depending on your job - Occupations like judges, executives and financial analysts have higher average rates in part from job stress and long work days. Conversely, professions such as farmers, engineers and the unemployed get better rates.

Missouri auto insurance

Take advantage of discounts

Companies offering auto insurance don't list every available discount very clearly, so we researched both the well known and the harder-to-find ways to save on auto insurance.

  • Passive Restraints and Air Bags - Vehicles with factory air bags may earn rate discounts of up to 25% or more.
  • Drivers Education - Cut your cost by having your teen driver take driver's ed class in high school.
  • Pay Upfront and Save - If paying your policy premium upfront instead of making monthly payments you could save up to 5%.
  • Resident Student - Any of your kids who are attending college without a vehicle on campus may qualify for this discount.
  • E-sign - A few companies may give you up to $50 simply for signing over the internet.
  • Low Mileage - Keeping the miles down could be rewarded with better rates on cars that stay parked.
  • Lower Rates for Military - Having a family member in the military can result in better rates.
  • Organization Discounts - Being a member of a qualifying organization could trigger savings on your policy.

Consumers should know that many deductions do not apply to the entire cost. Most only reduce the price of certain insurance coverages like medical payments or collision. Just because you may think adding up those discounts means a free policy, companies don't profit that way.

To choose providers with the best auto insurance discounts in Missouri, click this link.

Are auto insurance companies telling the truth?

Companies like State Farm and Allstate regularly use ads on TV and radio. All the ads make the same claim of big savings if you move your coverage to them. How does each company claim to save you money? This is how they do it.

Insurance companies can use profiling for the type of customer that makes them money. For instance, a preferred risk might be between the ages of 30 and 50, has no tickets, and has great credit. A customer getting a price quote who matches those parameters will get the preferred rates and most likely will save when switching.

Drivers who don't qualify for these standards will be charged a higher premium which leads to the customer not buying. The ads state "drivers who switch" not "people who quote" save that much money. That's why insurance companies can confidently advertise the savings. That is why you should get a wide range of price quotes. It's impossible to know the company that will fit your personal profile best.

More Missouri auto insurance information

More tips and info about auto insurance is located at the Missouri Department of Insurance website. Visitors are able to find out industry alerts, download brochures, view a list of available companies, and read enforcement actions against agents and companies.

compare Trenton auto insurance rates

Do the work, save more money

We covered many ideas to save on auto insurance. The key concept to understand is the more you quote, the higher the chance of saving money. You may even discover the lowest rates come from a lesser-known regional company. Some small companies may often insure only within specific states and give getter rates than their larger competitors like .

When you buy insurance online, it's very important that you do not buy poor coverage just to save money. There have been many cases where an insured dropped liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible for the lowest price, not the least amount of coverage.