Is Your Arnold, MO Auto Insurance Breaking the Bank?
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 Missouri consumers.
Insurance companies such as State Farm, Farmers Insurance, GEICO and Allstate continually bombard you with ad campaigns and it is difficult to see past the corporate glitz and effectively compare rates to find the best deal.
Smart consumers take time to price shop coverage at least once a year since rates change frequently. Just because you had the best price a year ago you may be paying too much now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the easiest way to save money, get proper deductibles and limits, all at the lowest rate.
Finding Auto Insurance Deals in Arnold, MO
To find the best auto insurance prices, there are several ways to compare quotes and find the best price. The recommended way to find the cheapest insurance rates is to get quotes online. It is quite easy and can be accomplished using a couple different methods.
- One of the simplest ways to get the best comparison quotes would be an industry-wide quote request form (click to open form in new window). This form prevents you from having to do boring form submissions for every auto insurance company. Filling out one form gets you price quotes from many national carriers.
- A less efficient way to compare prices is to take the time to go to the website for each individual company and complete a new quote form. For example, we’ll assume you want comparison quotes from USAA, Farmers and Allstate. To find out each rate you need to spend time on each company’s site and enter your policy data, which is why the first method is quicker. For a list of links to insurance companies in Arnold, click here.
It doesn’t matter which method you choose, just make sure you use identical coverages with each company. If you have unequal deductibles or liability limits it will be impossible to make a fair comparison in Arnold. Quoting even small variations in coverage limits can make a big difference in price. It’s important to know that comparing a large number of companies will increase your chances of finding a lower rate.
Is there truth in advertising?
Allstate and Progressive regularly use ads in print and on television. All the companies have a common claim that you’ll save big if you move your coverage to them. How can each company say the same thing? This is how they do it.
All companies have a certain “appetite” for the type of customer that earns them a profit. An example of a profitable customer might be between 25 and 40, a clean driving record, and drives less than 10,000 miles a year. A propective insured who matches those parameters will get the preferred rates and therefore will save quite a bit of money when switching.
Potential insureds who are not a match for the “perfect” profile will have to pay higher rates and ends up with business going elsewhere. Company advertisements say “people who switch” not “everybody who quotes” save money. That’s why insurance companies can confidently claim big savings.
Because of the profiling, you should get a wide range of price quotes. You cannot predict which company will fit your personal profile best.
Do you qualify for a discount?
Car insurance is not cheap, but there are discounts available to cut the cost considerably. Certain discounts will be applied when you purchase, but lesser-known reductions have to be asked about prior to getting the savings.
- Employee of Federal Government – Active or retired federal employment may qualify you for a discount with certain companies.
- 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for reduced rates.
- Braking Control Discount – Vehicles equipped with ABS or steering control can avoid accidents and therefore earn up to a 10% discount.
- Own a Home – Simply owning a home may earn you a small savings because owning a home shows financial diligence.
- No Accidents – Drivers who don’t have accidents can save substantially when compared to drivers who are more careless.
- Discount for New Cars – Insuring a new car can cost up to 25% less since new cars are generally safer.
- Safe Driver Discount – Safe drivers can get discounts for up to 45% lower rates than drivers with accidents.
- Paperwork-free – A handful of insurance companies may give you up to $50 for buying your policy on their website.
- Student Driver Training – Cut your cost by having your teen driver take driver’s ed class if it’s offered in school.
It’s important to note that many deductions do not apply the the whole policy. Some only reduce specific coverage prices like liability, collision or medical payments. Just because you may think all the discounts add up to a free policy, it just doesn’t work that way. Any qualifying discounts will help reduce your premiums.
For a list of providers with discount auto insurance rates in Missouri, click here.
Much more information about auto insurance in Missouri is available on the website for the Missouri Department of Insurance through this link. Visitors are able to get help finding coverage, learn about specific coverages, discover disciplinary actions, and read industry bulletins.
Cheaper insurance is a realistic goal
In this article, we presented a lot of information how to reduce auto insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the lowest premiums are with the smaller companies. These companies often have lower prices on specific markets than the large multi-state companies such as State Farm or Progressive.
Affordable auto insurance is possible online and with local Arnold insurance agents, and you need to price shop both to have the best selection. Some companies do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.