Waterloo Iowa Car Insurance For Less Than You’re Paying Now

Are you sick and tired of trying to scrape together enough money each month for car insurance? You’re in the same situation as many other Iowa drivers.

Insurance companies such as Progressive, GEICO and Farmers Insurance continually hit you with catchy ads and it is challenging if not impossible to not get sucked in by the cute commercials and take the time to shop coverage around.

It’s important to compare rates yearly due to the fact that insurance rates go up and down regularly. Just because you had the best rates last year you can probably find a better price now. You can find a lot of misleading information regarding car insurance on the internet, so with this article, you’re going to get some guaranteed methods to reduce your car insurance bill.

If you have car insurance now, you stand a good chance to be able to reduce your rates substantially using these methods. Choosing the best insurance company for you in Waterloo is quite easy. But Iowa car owners do need to understand how big insurance companies compete online and use this information to your advantage.

Comparison of Car Insurance in Waterloo, IA

When shopping for car insurance there are multiple ways of comparing price quotes and find the best price. By far the easiest way to find competitive insurance rates is simply to get online rate quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

1. The single most time-saving way to get quotes for comparison is an all-inclusive rate comparison click here to open form in new window. This easy form keeps you from doing separate quotation requests to each individual car insurance company. Completing one form will return quotes .
2. A more difficult way to get quotes online requires a trip to the website for every company you want to comare to complete a price quote. For instance, we’ll assume you want to compare rates from Farmers, Esurance and Allstate. You would have to go to every website and enter your information, which is why the first method is more popular. For a handy list of car insurance company links in Waterloo, click here.

Whichever method you choose, make darn sure you compare exactly the same information with each company. If you have higher or lower deductibles then you won’t be able to make an equal comparison in Waterloo. Just a small difference in coverages could mean much higher rates. Keep in mind that obtaining a wide range of quotes will enable you to find the best price.<img class="alignright" style="padding-top:15px;" src="https://www.findnewcarinsurance.com/wp-content/uploads/ci175-10.jpg" alt="Iowa car insurance prices“/>

Be sure to get all your discounts

The price of auto insurance can be rather high, but there could be available discounts to help bring down the price. A few discounts will automatically apply when you complete an application, but some must be asked about before being credited.

• Early Switch Discount – A few companies offer discounts for buying a policy prior to your current policy expiring. It’s a savings of about 10%.
• Resident Student – Youth drivers who attend school more than 100 miles from home and do not have a car may qualify for this discount.
• Senior Discount – Mature drivers can possibly qualify for a discount up to 10%.
• Clubs and Organizations – Being a member of a qualifying organization is a good way to get lower rates when buying car insurance.
• Driver Safety – Completing a course teaching defensive driving skills can save you 5% or more depending on where you live.
• Braking Control Discount – Cars that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.

As a disclaimer on discounts, most discounts do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, car insurance companies aren’t that generous. But all discounts will bring down your overall premium however.

To see a list of providers with the best car insurance discounts in Iowa, click here.

How insurance companies determine rates

Smart consumers have a good feel for some of the elements that come into play when calculating the rates you pay for car insurance. Having a good understanding of what impacts premium levels enables informed choices that may reward you with much lower annual insurance costs.

• Policy add-ons can waste money – There are quite a few add-on coverages that can waste your money when buying car insurance. Things like rental car reimbursement, accident forgiveness and motor club memberships may be wasting your money. These may sound like a good investment when talking to your agent, but if you don’t need them remove them from your policy.
• High performance equals high price – The performance of the vehicle you are buying insurance for makes a substantial difference in your rates. The lowest rates are usually for lower performance four cylinder passenger models, but the final cost of insurance is determined by many other factors.
• Frequent car insurance claims increase rates – Insurance companies in Iowa give cheaper rates to drivers who do not rely on their insurance for small claims. If you tend to file frequent claims, you can pretty much guarantee either higher rates or even cancellation. Car insurance is intended to be relied upon for larger claims.
• Rural vs Urban Areas – Being located in small towns and rural areas can be a good thing when it comes to car insurance. Urban drivers tend to have much more traffic and longer commute times. Lower population means a lower chance of having an accident.
• Higher safety ratings means cheaper insurance – Vehicles with good safety scores tend to have better insurance rates. Safer cars protect occupants better and better occupant protection means lower claim amounts and more competitive rates for policyholders.
• Occupation reflects on rates – Did you know your car insurance rates can be affected by your occupation? Occupations such as lawyers, social workers and stock brokers tend to pay the highest rates in part from stressful work requirements and long work days. On the other hand, occupations such as pilots, students and homemakers have the lowest average rates.

Additional car insurance information can be read on the website for the Iowa Insurance Division found here. Iowa drivers can view agent and company licensing information, find out which companies have the most complaints, find disaster information, and download brochures.

Other informative sites include III.org’s auto insurance page and this page where you can also get Waterloo car insurance quotes.

More quotes mean more savings

You just learned quite a bit of information on how to reduce car insurance prices online. The key concept to understand is the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the best prices are with an unexpected company. Some small companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm or Progressive.

While you’re price shopping online, do not skimp on critical coverages to save a buck or two. Too many times, drivers have reduced liability coverage limits only to regret at claim time that it was a big error on their part. Your goal should be to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.