Are you overwhelmed by the crazy number of car insurance choices in your area? You have so many choices that it can really be a challenge to lower your premium rates. Everyone knows that Lebanon is a great city to live in, but budgeting for expensive car insurance makes it difficult to pay for enough car insurance coverage.
Cost influencing factors
An important part of buying insurance is that you know some of the things that aid in calculating your premiums. When you understand what controls the rates you pay, this empowers consumers to make smart changes that may result in cheaper rates.
- Safety ratings are a factor – Vehicles with good safety scores get lower rates. These vehicles help reduce the chance of injuries in an accident and lower injury rates means less money paid by your insurance company and cheaper rates on your policy.
- Keep the miles off and save – The more you drive every year the more you will pay for car insurance. Many insurance companies rate vehicles partially by how you use the vehicle. Cars and trucks that have low annual miles get more affordable rates than those that get driven frequently. It’s a good idea to make sure your policy reflects annual mileage.
- Insurance prices and vehicle performance – The make and model of the car you are buying insurance for makes a substantial difference in your car insurance bill. The cheapest rates are usually for smaller low performance passenger cars, but many other things help determine your insurance rates.
- Being married can lower premiums – Having a wife or husband helps lower the price when buying car insurance. Having a spouse may mean you are more financially stable and statistics prove drivers who are married are more cautious.
- Do you have a stressful occupation? – Did you know your car insurance rates can be affected by your occupation? Occupational choices like military generalspolice officers and miners usually pay higher average rates because of intense work situations and extremely grueling work hours. On the flip side, professions such as scientists, engineers and performers generally pay rates lower than average.
- Liability coverage – Your policy’s liability coverage kicks in if ever you are responsible for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court which can cost thousands of dollars. Liability is cheap when compared with rates for comp and collision, so buy as much as you can afford.
- Urban residents pay more – Choosing to live in areas with lower population has definite advantages when shopping for auto insurance. Drivers in populated areas have to deal with more traffic problems and higher rates of accident claims. Lower population means reduced accidents and a lower car theft rate.
- Better prices with anti-theft devices – Buying a car with advanced anti-theft systems can earn a premium discount. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent auto theft.
Most larger insurance companies give price estimates on their websites. Getting online quotes is possible for anyone because it’s just a matter of typing in the amount of coverage you want into a form. After you submit the form their system gets your credit score and driving record and provides a quote.
Online price quotes makes it a lot easier to compare rates but the process of having to visit each company’s website and repetitively type in the same information is not the best way to spend an afternoon. But it’s necessary to perform this step in order to find better prices.
The easy way to compare rates
The quickest way to find lower prices is to use a quote form that gets prices from many companies. It’s a real time-saver, eliminates repetitive work, and makes rate comparisons a lot less work. After sending the form, it gets priced and you are able to buy any of the price quotes you receive.
If the quotes result in lower rates, you simply finish the application and buy the new coverage. This process only takes a few minutes and you will know how your current rates stack up.
In order to use this form to compare rates, click here to open in a new tab and submit the form. If you currently have coverage, we recommend that you enter the limits and deductibles exactly as shown on your declarations page. Using the same limits helps guarantee you will get rate comparison quotes for similar coverage.
Discounts to earn lower Lebanon car insurance rates
Auto insurance companies don’t always publicize every discount they offer very clearly, so the below list has some of the best known in addition to some of the lesser obvious discounts you could be receiving when you . If you do not check that you are getting every discount possible, you are just wasting money.
- Safe Driver Discounts – Accident-free drivers can save up to 40% or more on their compared to rates paid by drivers with frequent claims.
- Lebanon Homeowners Pay Less – Being a homeowner can earn you a little savings because of the fact that having a home is proof that your finances are in order.
- New Car Discount – Buying a new car instead of a used car can cost up to 25% less since new model year vehicles are generally safer.
- Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a lower premium rate if you buy some life insurance in addition to your auto policy.
- Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you can avoid the installment charge.
- Accident Forgiveness Coverage – Not a discount per se, but some companies like Liberty Mutual and GEICO will forgive one accident without the usual rate increase so long as you haven’t had any claims for a specific time period.
- Renewal Discounts – A few car insurance companies give discounts for switching companies prior to your current policy expiration. It could save around 10% when you .
Discounts lower rates, but most of the big mark downs will not be given to all coverage premiums. Most only reduce the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like you could get a free car insurance policy, car insurance companies aren’t that generous.
Some of the larger companies that possibly offer some of the above discounts are:
When getting a coverage quote, ask each company or agent which discounts can lower your rates. Some of the earlier mentioned discounts might not be available to policyholders in Lebanon. To view car insurance companies with discount car insurance rates in Lebanon, click here to view.
Local neighborhood insurance agents
Many people just prefer to get professional advice from a licensed agent and that can be a great decision The best thing about getting online price quotes is you may find cheap car insurance quotes and still have a local agent. Buying from and supporting local agents is definitely important in Lebanon.
After filling out this simple form, the quote information is sent to agents in your area that give free quotes for your business. It makes it easy because there is no need to contact any agents because prices are sent to your email. You can most likely find cheaper rates and a licensed agent to work with. If for some reason you want to quote rates from a specific insurance company, you would need to navigate to their website to submit a rate quote request.
If you would like to find a reliable insurance agency, there are two types of agencies and how they function. Agencies in Lebanon may be either independent (non-captive) or captive.
Independent Agencies or Brokers
These type of agents do not sell for just one brand so they have the ability to put coverage with an assortment of companies and potentially find a lower price. If premiums increase, the business is moved internally and the insured can keep the same agent. If you are trying to find cheaper rates, it’s a good idea to contact independent agents for the best price selection. Many write coverage with companies you’ve never heard of which can save you money.
The following is a partial list of independent insurance agencies in Lebanon who may be able to give you free price quotes.
- W D Waterman Insurance – 261 E 6th St – Lebanon, MO 65536 – (417) 532-7402
- Allstar Insurance – 2011 S Jefferson Ave – Lebanon, MO 65536 – (417) 532-5800
- Brown Agency – 20941 Cooper Rd – Lebanon, MO 65536 – (417) 588-2145
Captive Insurance Agents
These type of agents work for only one company like Farmers Insurance and State Farm. Captive agents are unable to provide rate quotes from other companies so they have to upsell other benefits. Captives are very knowledgeable on their products and sales techniques which helps offset the inability to provide other markets. Many people buy from captive agents mostly because of the brand legacy and solid financial strength.
Below are Lebanon captive agencies that can give you price quotes.
- Shelter Insurance – 2 Park Plz – Lebanon, MO 65536 – (417) 532-4329
- American Family Insurance – 737 S Jefferson Ave – Lebanon, MO 65536 – (417) 533-5444
- State Farm Insurance – 629 W Elm St – Lebanon, MO 65536 – (417) 588-1555
- Farm Bureau Insurance – 1122 Lynn St – Lebanon, MO 65536 – (417) 532-3750
For agents in your area, view this directory of Lebanon car insurance agents.
Picking an insurance agent should depend on more than just the quoted price. Below are some questions you should ask.
- Do you need full coverage on every vehicle?
- Are they able to provide referrals?
- In the event of vehicle damage, can you pick the collision repair facility?
- How many years have they been established?
- Are they giving you every discount you deserve?
- What insurance companies do they work with in Lebanon?
- Do they receive special compensation for putting your coverage with one company over another?
When do I need an agent’s advice?
When it comes to buying coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s.
Here are some questions about coverages that might point out whether or not you would benefit from an agent’s advice.
- Do I pay less if my vehicle is kept in my garage?
- Are split liability limits better than a combined single limit?
- Should I rate my vehicle as pleasure use or commute?
- Why am I required to buy high-risk coverage?
- Does liability extend to a camper or trailer?
- Why is insurance for a teen driver so high in Lebanon?
- Am I covered when driving on a suspended license?
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form.
Much more information about car insurance in Missouri is available on the through this link. Missouri drivers can view a list of available companies, read state legal mandates and laws, read enforcement actions against agents and companies, and find a variety of consumer forms.
Other related articles:
- Quote Online to Find a Car Insurance Agent in Lebanon
- Free Quotes for Cheaper Car Insurance Pricing From Agents in New Lebanon
- Uncover the Secrets to Cheaper Lebanon Tennessee Car Insurance
Affordable car insurance is out there
When buying insurance coverage, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice liability limits or collision coverage only to discover later that the savings was not a smart move. Your strategy should be to buy enough coverage for the lowest cost but still have enough coverage for asset protection.
We just showed you many ideas to save on car insurance. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. You may even find the lowest prices come from a company that doesn’t do a lot of advertising.
Lower-priced car insurance is definitely available online in addition to local insurance agencies, and you should be comparing both in order to have the best chance of saving money. Some insurance providers may not provide online rate quotes and these small insurance companies only sell through independent insurance agencies.