Learn How to Lower Your Premiums for Greenwood, IN Car Insurance

Nobody I know cherishes buying car insurance, especially knowing their premiums are too high.

Companies like GEICO and Progressive all claim big savings with advertising and it is difficult to avoid their marketing magic and find the best price available.

How to Lower Your Car Insurance Cost in Greenwood, Indiana

All the larger car insurance companies give insurance quotes online. Getting online quotes is quite simple as you just type in the amount of coverage you want as detailed in the form. When complete, the company’s rating system automatically orders your driving record and credit report and returns a price quote based on many factors. This makes comparing rates easy, but the work required to visit a lot of sites and fill out multiple forms is not the best way to spend an afternoon. But it’s absolutely necessary to have as many quotes as possible in order to find the best price on car insurance.

The better way to compare rates

A more efficient way to find lower prices makes use of a single form that gets price quotes from multiple companies. This type of form saves time, reduces the work, and makes online shopping much easier to do. After sending the form, it gets priced with multiple companies and you can pick any of the resulting price quotes.

If a lower price is quoted, it’s easy to complete the application and buy the policy. It takes less than 15 minutes and may save quite a bit of money.

To get comparison pricing now, simply click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you replicate the limits and deductibles exactly as they are listed on your policy. Using the same limits helps guarantee you will be getting a rate comparison based on identical coverages.

Save $441 a year. For real?

Companies like Allstate and Progressive continually stream television and radio advertisements. All the ads make the same claim about savings after switching to their company. How can each company make the same claim? This is how they do it.

Different companies have a preferred profile for the right customer they prefer to insure. For instance, a driver they prefer could be between the ages of 40 and 55, has no driving citations, and drives less than 10,000 miles a year. Any driver who fits that profile will get the preferred rates and most likely will save quite a bit of money when switching.

Consumers who fall outside these standards will have to pay higher rates which usually ends up with the customer not buying. The ad wording is “customers who switch” but not “drivers who get quotes” save that much. That is how companies can truthfully advertise the way they do. Greenwood Indiana insurance ad

Because of the profiling, it is so important to quote coverage with many companies. It’s impossible to know which insurance companies will have the lowest rates.

Discounts are great for lower rates

Insurance can be prohibitively expensive, but you can get discounts that you may not know about. Certain discounts will be applied when you complete an application, but a few need to be specifically requested prior to receiving the credit.

Accident Waiver – Some insurance companies permit an accident before your rates go up if you are claim-free prior to the accident.
Paperless Signup – Some insurance companies give back up to $50 simply for signing online.
Safety Course Discount – Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
Anti-lock Brakes – Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
Distant Student – Youth drivers who are attending college and don’t have a car can receive lower rates.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like medical payments or collision. Just because you may think adding up those discounts means a free policy, you won’t be that lucky. But all discounts will bring down your overall premium however.

For a list of providers offering car insurance discounts in Indiana, follow this link.

Quote online but still have a local agent

A small number of people would prefer to talk to a local agent and that is OK! One of the great benefits of comparing insurance prices online is that you can obtain lower rates but also keep your business local. And providing support for small agencies is definitely important in Greenwood.

For easy comparison, once you complete this simple form, your coverage information is instantly submitted to local insurance agents who will give you bids for your business. You don’t have to leave your house because quoted prices will be sent to your email. It doesn’t get any easier! Get lower rates AND a local agent.

The following are Greenwood insurers that may be able to provide rate quotes.

Farmers Insurance Group – 156 S Park Blvd, Greenwood, IN 46143 – (317) 884-3969
State Farm Insurance – 338 Us Highway 31 S, Greenwood, IN 46142 – (317) 881-2110
Fisk Insurance Svc – 1842 Us Highway 31 S, Greenwood, IN 46143 – (317) 881-2195
Farm Bureau Insurance – 341 S State Road 135, Greenwood, IN 46142 – (317) 882-9700
John Bontrager Agency – 801 Loews Blvd # K, Greenwood, IN 46142 – (317) 888-3200
Allstate Insurance – 4800 W Smith Valley Rd # 1, Greenwood, IN 46142 – (317) 883-1000
A T Abel Bonds & Insurance – 386 Meridian Parke Ln # C, Greenwood, IN 46142 – (317) 859-7122

Selecting an insurance company needs to be determined by more than just the premium amount. Any agent should have no problem answering these questions:

Which company do they place the most coverage with?
Can glass repairs be made at your home?
If your car is totalled, how to they determine the replacement cost?
Do you have coverage for a rental car if your vehicle is in the repair shop?
Do they specialize in personal lines coverage?

Upon getting answers to your satisfaction to any questions you have as well as a affordable price, it’s possible that you found an insurer that meets your needs to properly insure your vehicles.

Additional car insurance information is available on the website for the Indiana Department of Insurance found here. Consumers can file complaints about a company, find out industry alerts, and report car insurance fraud.

The following articles may also be useful.

One last thing

The cheapest car insurance can be purchased both online and with local Greenwood insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some car insurance companies do not offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

When you buy insurance online, it’s a bad idea to buy less coverage just to save a little money. There are a lot of situations where an accident victim reduced full coverage and discovered at claim time they didn’t have enough coverage. The ultimate goal is to get the best coverage possible for the lowest price.

You just learned a lot of tips how to lower your car insurance rates. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with a smaller regional carrier. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate and Progressive.