Are you tired of not being able to afford to buy car insurance? Your situation is no different than many other Iowa drivers. Companies like State Farm, Geico and Farmers Insurance continually hit you with TV and radio ads and consumers find it hard to see past the corporate glitz and effectively compare rates to find the best deal.
If you are insured now or are looking for a new policy, you can use this information to reduce the price you pay while maximizing coverage. Finding affordable coverage in Boone is not that difficult. Iowa drivers only need an understanding of the tricks to compare prices online.
These discounts can slash car insurance rates
Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will automatically apply at the time you complete a quote, but some may not be applied and must be manually applied before you will receive the discount. If you’re not getting every credit possible, you’re paying more than you need to.
- Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
- Good Student Discount – A discount for being a good student can save 20 to 25%. This discount can apply up to age 25.
- One Accident Forgiven – Some insurance companies allow you one accident without raising rates if your claims history is clear prior to the accident.
- Save with a New Car – Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
- Government Employees – Being employed by or retired from a federal job can earn a discount up to 10% depending on your company.
A little note about advertised discounts, most discounts do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears it’s possible to get free car insurance, you won’t be that lucky. But all discounts will reduce your overall premium however.
When might I need the advice of an agent?
When it comes to choosing adequate coverage, there is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions can aid in determining whether you might need professional guidance.
- How high should my uninsured/underinsured coverage be in Iowa?
- If my vehicle is totaled, can I afford another vehicle?
- Am I covered if I crash into my own garage door?
- Does my personal auto insurance policy cover using my vehicle for business use?
- Is my nanny covered when driving my vehicle?
- Who is covered when they drive my vehicle?
If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.
Buyer beware of car insurance advertising tricks
Iowa consumers can’t ignore all the ads that promise big savings from companies such as Allstate and Progressive. All the ads say the same thing that you can save after switching your policy.
But how can every company make almost identical claims?
Different companies can use profiling for the type of driver that earns them a profit. For instance, a preferred risk might be profiled as between the ages of 40 and 55, has no tickets, and has a high credit rating. A propective insured that hits that “sweet spot” receives the best rates and is almost guaranteed to save quite a bit of money when switching.
Potential insureds who do not match the requirements will be charged a more expensive rate and ends up with business not being written. Company advertisements say “drivers who switch” but not “drivers who get quotes” save money. That’s why companies can truthfully make the claims of big savings.
That is why drivers must compare as many rates as you can. It’s just too difficult to predict which company will provide you with the cheapest rates.
Additional information is available on the website for the Iowa Insurance Division. Click here for link. Visitors are able to find disaster information, view agent and company licensing information, and find out industry alerts.
In conclusion
As you restructure your insurance plan, don’t be tempted to skimp on coverage in order to save money. There have been many situations where an accident victim reduced physical damage coverage only to discover later that the savings was not a smart move. Your focus should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.
The cheapest car insurance can be sourced online as well as from independent agents in Boone, so you should be comparing quotes from both to have the best rate selection. There are still a few companies who don’t offer online quoting and these regional insurance providers work with independent agents.