Car Insurance in Woodburn - 10 Ways to Save Money

Are you sick and tired of robbing Peter to pay Paul each month for car insurance? You are in the same boat as many other drivers in Oregon.

Big-name insurance companies like State Farm, Allstate, GEICO and Progressive persitently shower you with advertising and it can be hard to sift through the bull and effectively compare rates to find the best deal.

It's important to do rate comparisons before your policy renews since rates are constantly changing. Even if you got the best rates six months ago a different company probably has better rates today. There is a lot of bad advice regarding car insurance online but we're going to give you some great ways to find cheap car insurance.

If you have car insurance now, you stand a good chance to be able to reduce your rates substantially using this strategy. Finding the best rates in Woodburn is easy if you know what you're doing. But Oregon car owners do need to know the methods companies use to price insurance differently.

Are you getting all your discounts?

Car insurance companies do not advertise every available discount in a way that's easy to find, so the following is a list of some of the more common and the harder-to-find car insurance savings.

  • Multi-policy Discount - If you have multiple policies with one insurance company you will save up to 20% off your total premium.
  • Employee of Federal Government - Active or retired federal employment can save as much as 8% with certain companies.
  • New Car Discount - Adding a new car to your policy is cheaper since new cars are generally safer.
  • Military Rewards - Having a deployed family member may qualify for rate reductions.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.
  • Anti-theft Discount - Anti-theft and alarm systems help deter theft and therefore earn up to a 10% discount.
  • Homeowners Pay Less - Being a homeowner may trigger a car insurance policy discount due to the fact that maintaining a home demonstrates responsibility.
  • Use Seat Belts - Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off your PIP or medical payments premium.
  • Accident Free - Claim-free drivers pay less compared to drivers who are more careless.
  • Resident Student - Children living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.

Consumers should know that most credits do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Just because you may think you can get free auto insurance, companies don't profit that way.

Woodburn car insurance quote

How can Allstate and Progressive save drivers who switch?

Companies like Allstate and Progressive continually stream ads on television and other media. All the ads say the same thing that you'll save big after switching to them. How can each company make the same claim? This is how they do it.

All companies can use profiling for the type of driver that earns them a profit. A good example of a preferred risk could be over the age of 40, is a homeowner, and has a high credit rating. Any new insured who fits that profile gets the lowest rates and as a result will probably save when they switch companies.

Potential insureds who are not a match for the requirements will be charged more money which usually ends up with business going elsewhere. Company advertisements say "drivers who switch" not "everybody who quotes" save money. That's why companies can state the savings. That is why drivers should compare as many rates as you can. It's just too difficult to predict the company that will have the lowest rates.

More detailed Oregon car insurance information can be read at the Oregon Insurance Division website. Consumers can read consumer alerts, download brochures, file complaints about an insurance agent or broker, and view a list of available companies.

Final considerations

As you restructure your insurance plan, it's not a good idea to skimp on coverage in order to save money. Too many times, an accident victim reduced collision coverage and discovered at claim time that they should have had better coverage. The aim is to buy the best coverage you can find for the lowest price, not the least amount of coverage.

Discount car insurance can be purchased from both online companies and with local Woodburn insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies do not offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.