Tightwads Instructions on Saving on Hazelwood Car Insurance

Cutting costs on Hazelwood car insurance is always challenging for people who are new to shopping for insurance online. There are so many options that it can easily become more work than you anticipated to find lower rates in Hazelwood.

Consumers should take time to shop coverage around periodically because insurance rates change regularly. Just because you found the best price a few years ago other companies may now be cheaper. Don’t believe everything you read about car insurance online but by reading this article, you’re going to learn some guaranteed methods to save money.

Discounts are available to cut your rates

Auto insurance companies don’t necessarily list all available discounts very clearly, so the following is a list of some of the best known and also the lesser-known discounts you could be receiving.

• Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
• Bundle and Save – When you have multiple policies with the same insurance company you could get a discount of approximately 10% to 15%.
• Paperwork-free – Certain companies will discount your bill up to fifty bucks just for signing your application digitally online.
• Senior Citizens – If you’re over the age of 55, you may be able to get a discount up to 10%.
• Theft Prevention Discount – Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
• Life Insurance – Some companies give a discount if you purchase a life insurance policy as well.
• Service Members Pay Less – Being deployed with a military unit can result in better rates.
• Braking Control Discount – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.

It’s important to note that many deductions do not apply to the entire policy premium. The majority will only reduce specific coverage prices like collision or personal injury protection. So when the math indicates adding up those discounts means a free policy, you’re out of luck.

You have some control over your rates

An important part of buying insurance is that you know the rating factors that go into determining the price you pay for car insurance. Knowing what influences your rates helps enable you to make changes that can help you get big savings.

Listed below are some of the factors that factor into your rates.

• Being married can save on car insurance – Getting married can actually save you money on car insurance. It usually means you are more responsible and statistics show drivers who are married are more cautious.
• High crash test scores lower rates – Safer cars get lower rates. Safer cars protect occupants better and fewer injuries means less money paid by your insurance company and thus lower rates.
• Where you live is a factor – Residing in small towns and rural areas can be a good thing when talking about car insurance. Urban drivers have much more traffic and longer commute times. Lower population means fewer accidents as well as less vandalism and auto theft.
• Do you have enough liability coverage? – Your policy’s liability coverage is the protection if you are found to be at fault for damages caused by your negligence. Liability provides legal defense starting from day one. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.
• Younger drivers pay higher rates – Mature drivers are more cautious drivers, tend to file fewer claims and get fewer tickets. Young drivers tend to be careless and easily distracted in a vehicle and because of this, their car insurance rates are much higher.

Is there truth in advertising?

Companies like Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. All the ads have a common claim of big savings if you move to them. How do they all claim to save you money? It’s all in the numbers.

Insurance companies have a preferred profile for the type of driver that makes them money. An example of a desirable insured could possibly be between the ages of 40 and 55, has no tickets, and has great credit. A driver that hits that “sweet spot” receives the best rates and most likely will cut their rates substantially.

Drivers who don’t meet these standards will be charged a more expensive rate which leads to the driver buying from a lower-cost company. The ads say “drivers who switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can state the savings. That is why it’s extremely important to compare many company’s rates. It’s impossible to know the company that will provide you with the cheapest rates.

More tips and info about car insurance can be read at the Missouri Department of Insurance website. Missouri consumers can find out industry alerts, read industry bulletins, and learn about insurance regulations.

Additional helpful sites include NAIC.org’s Understanding your Policy and this link where you can make Hazelwood car insurance comparisons.

In the end, you save

Throughout this article, we presented many tips how you can reduce car insurance prices online. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest priced car insurance comes from some of the smallest insurance companies.

Affordable car insurance can be sourced on the web and also from your neighborhood Hazelwood agents, so compare prices from both to get a complete price analysis. Some car insurance companies may not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

Drivers leave their current company for any number of reasons including policy cancellation, delays in responding to claim requests, policy non-renewal and high prices. It doesn’t matter what your reason, finding a great new company is not as difficult as it may seem.