5 Ways to Pay Less on Car Insurance in Springville

I can’t think of anyone who cherishes buying car insurance, particularly when their premiums are too high. With consumers having so many insurance companies to choose from, it’s nearly impossible to locate the right provider.

It is always a good idea to compare prices yearly because prices change regularly. Even if you got the best deal on your last policy there may be better deals available now. Don’t believe everything you read about car insurance online, so we’re going to give you some of the best ways to save money.

More discounts equal less premium

Companies that sell car insurance don’t always list all their discounts very well, so here is a list both the well known as well as the least known ways to save on car insurance. If you don’t get every credit available, you’re just leaving money on the table.

Multi-policy Discount – When you have multiple policies with one insurance company you will save at least 10% off all policies.
E-sign – Certain companies will discount your bill up to fifty bucks for buying a policy and signing up online.
Driver’s Ed – Have your child enroll in driver’s education in high school.
Homeowners Discount – Owning a home in Springville can save you money because owning a home shows financial diligence.
New Car Discount – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.

Keep in mind that most discounts do not apply to your bottom line cost. Most only apply to specific coverage prices like collision or personal injury protection. Just because it seems like you would end up receiving a 100% discount, companies don’t profit that way.

To choose insurance companies offering car insurance discounts in Utah, click this link.

When might I need an agent?

When choosing proper insurance coverage, there is no one size fits all plan. Every insured’s situation is different and your policy should reflect that. For instance, these questions could help you determine whether you would benefit from professional advice.

Are my friends covered when driving my vehicle?
Do I need higher deductibles?
Does my vehicle need full coverage?
What are the financial responsibility laws in Utah?
Do I have coverage for damage caused while driving under the influence?
What are Utah no-fault laws?
Do I need to file an SR-22 for a DUI in Utah?
How much underlying liability do I need for an umbrella policy?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of car insurance companies in your area. It is quick, free and may give you better protection.

What about my local Springville agents?

Some consumers prefer to buy from a local agent. Licensed agents can point out coverage gaps and help submit paperwork. The biggest benefit of comparing insurance prices online is you can get the best rates and still have an agent to talk to.

Upon completion of this short form, the quote information is instantly submitted to insurance agents in Springville who will give you bids to get your business. There is no need to visit any agencies since price quotes are sent to the email address you provide. It doesn’t get any easier!

Picking an insurance company shouldn’t rely on just a low price. These questions are important to ask:

If your car is in the repair shop, do you have coverage for a rental car?
If they are an independent agency, which companies do they recommend?
Do they receive special compensation for putting your coverage with one company over another?
What insurance company do they write the most business with?
Will vehicle repairs be made with aftermarket parts or OEM replacement parts?

Types of insurance agents

When looking for a local agent, you need to know there are two different agency structures from which to choose. Agents are classified as either captive or independent (non-captive). Both insure your vehicles, but it’s worth learning how they differ because it can influence your agent selection.

Captive Agents

Captive agencies can only write with one company and some examples include Allstate, Farmers Insurance or State Farm. They generally cannot provide prices from multiple companies so they have no alternatives for high prices. They receive extensive training in insurance sales which helps them sell insurance even at higher premiums.

Shown below are Springville captive insurance agents that are able to give rate quotes.

Farmers Insurance Group – 25 E 200 S – Springville, UT 84663 – (801) 489-8000
Allstate Insurance – 274 S Main St – Springville, UT 84663 – (801) 489-6640

Independent Agents (or Brokers)

These agents do not work for one specific company so they can insure your vehicles with any number of different companies and possibly get better coverage at lower prices. If your agent finds better pricing, an independent agent can move your coverage and that require little work on your part. When comparing rates, we recommend you get quotes from at a minimum one independent agency to ensure the widest selection of prices.

Listed below is a list of independent insurance agents in Springville that are able to give rate quotes.

American National Insurance Co – 1190 N Main St – Springville, UT 84663 – (801) 489-9468
Deana Hill Insurance Inc – 1220 N Main St # 11 – Springville, UT 84663 – (801) 489-5499
Ryan Lennberg Agency – 1220 N Main St # 7b – Springville, UT 84663 – (801) 491-4212

For a complete listing of insurance agents in Springville, please go to this site.

Upon receiving answers to your satisfaction to these questions and locked in a price quote, you’ve probably found an insurance agent that can provide car insurance coverage.

Drivers who switch save $482 a year? Really?

Utah drivers can’t ignore all the ads for cheaper car insurance from the likes of 21st Century, Allstate and State Farm. All the companies make an identical promise that you’ll save big if you change your coverage to them.

How can each company say the same thing?

All companies have a preferred profile for the right customer they prefer to insure. An example of a driver they prefer might be over the age of 40, owns a home, and has great credit. Any driver that hits that “sweet spot” will get very good rates and is almost guaranteed to save when they switch companies.

Drivers who don’t qualify for the requirements will be quoted higher prices which leads to business going elsewhere. The ads say “customers that switch” not “people who quote” save money. That’s the way companies can claim big savings. This emphasizes why drivers must compare many company’s rates. It’s not possible to predict which company will give you the biggest savings.

Detailed coverages of your car insurance policy

Knowing the specifics of your policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverages found on the average car insurance policy.

Liability auto insurance – Liability insurance protects you from damage or injury you incur to other people or property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage pays for claims like structural damage, repair bills for other people’s vehicles, attorney fees, legal defense fees and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible. Utah requires minimum liability limits of 25,000/65,000/15,000 but you should consider buying higher limits.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as chiropractic care, EMT expenses, funeral costs and doctor visits. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Collision coverage – This will pay to fix damage to your vehicle resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like colliding with another moving vehicle, damaging your car on a curb, backing into a parked car, crashing into a ditch and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive coverages – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hitting a deer, a tree branch falling on your vehicle and vandalism. The most your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many Utah drivers only purchase the least amount of liability that is required (25/65/15), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Additional reading for car insurance information

More tips and info about car insurance is available at the Utah Insurance Department website. Consumers can read consumer alerts, discover disciplinary actions, read enforcement actions against agents and companies, and learn about insurance regulations.

Quote more, save more

Lower-priced car insurance is definitely available from both online companies as well as from independent agents in Springville, and you need to comparison shop both to have the best selection. Some insurance providers don’t offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

We just showed you many ways to lower your car insurance rates. The key thing to remember is the more quotes you get, the better your comparison will be. Drivers may discover the lowest priced car insurance comes from an unexpected company. These smaller insurers may cover specific market segments cheaper than their larger competitors like GEICO and State Farm.

As you restructure your insurance plan, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where drivers have reduced full coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to get the best coverage possible at an affordable rate while still protecting your assets.