Pay Less for Newton Auto Insurance Rates in Five Minutes
Are you tired of robbing Peter to pay Paul to buy car insurance? You are in the same boat as many other Iowa drivers. Because there are so many insurance providers from which to choose, it can be diffult for consumers to pick the lowest cost insurance company.
It’s a great practice to price shop coverage quite often because rates are usually higher with each renewal. If you had the lowest price a couple years back you will most likely find a better rate today. So forget all the misinformation about auto insurance because you’re about to learn the only way to reduce your cost while increasing coverage.
Finding the best rates in Newton is not that difficult. If you have insurance now or are just looking to switch companies, you will benefit by learning to find better prices and still get good coverage. Iowa drivers just need to learn how to compare price quotes online.
Cut your premium with discounts
Companies don’t necessarily list every discount in an easy-to-find place, so we researched both well-publicized and the more hidden discounts you could be receiving. If they aren’t giving you every credit you deserve, you are throwing money away.
- Multiple Vehicles – Having multiple vehicles on one policy may reduce the rate for each vehicle.
- Homeowners Pay Less – Owning a home in Newton can save you money because maintaining a house requires personal responsibility.
- Safe Driver Discount – Insureds without accidents may receive a discount up to 45% less than drivers with accident claims.
- Resident Student – Children who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
- Bundle and Save – When you have multiple policies with one company you could get a discount of up to 20% off your total premium.
- Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can get savings up to 30%.
- Defensive Driving Course – Taking a defensive driving course could save 5% or more if you qualify.
A little note about advertised discounts, some of the credits will not apply the the whole policy. The majority will only reduce individual premiums such as collision or personal injury protection. So even though it sounds like you can get free auto insurance, you’re out of luck.
Save 15 percent in 15 minutes? Is it for real?
Iowa consumers get pounded daily by advertisements for cheaper car insurance from companies such as State Farm, Allstate and GEICO. They all have a common claim that you’ll save big if you switch your policy.
How does each company make almost identical claims?
Different companies are able to cherry pick for the type of customer that is profitable for them. For example, a driver they prefer could possibly be a mature driver, insures multiple vehicles, and chooses high deductibles. Any new insured who meets those qualifications will get very good rates and therefore will save quite a bit of money when switching.
Consumers who don’t qualify for this ideal profile will have to pay higher rates and this can result in business not being written. The ads say “people who switch” not “everyone that quotes” save that kind of money. That is how insurance companies can confidently advertise the way they do. Because of the profiling, drivers must compare many company’s rates. It’s just too difficult to predict the company that will fit your personal profile best.
More detailed Iowa auto insurance information can be read at the Iowa Insurance Division website. Visitors are able to find a variety of consumer forms, discover disciplinary actions, and read enforcement actions against agents and companies.
Other related articles:
Quote often and quote early
In this article, we covered a lot of techniques to get a better price on auto insurance. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may be surprised to find that the biggest savings come from a small local company. Smaller companies often have lower prices on specific markets as compared to the big name companies such as Allstate and Progressive.
When shopping online for auto insurance, make sure you don’t reduce needed coverages to save money. In many cases, drivers have reduced liability coverage limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy enough coverage at a price you can afford while still protecting your assets.