Did you fall for a flashy sales pitch and buy high-priced car insurance? Believe me, many consumers are feeling buyer’s remorse and feel like there’s no way out.
Because there are so many insurance companies to choose from, it’s difficult to find the most cost effective provider.
Buying car insurance in Elgin is easy if you know what you’re doing. If you currently have a car insurance policy, you stand a good chance to be able to save some money using this strategy. But Illinois consumers benefit from understanding how big insurance companies price insurance differently and apply this information to your search.
Consumers need to have an understanding of the different types of things that help determine car insurance rates. Having a good understanding of what influences your rates enables informed choices that may reward you with better car insurance rates.
The following are some of the factors car insurance companies consider when setting rates.
Companies that sell car insurance don’t always list all available discounts in an easy-to-find place, so we took the time to find some of the more common and the harder-to-find ways to save on car insurance.
A little note about advertised discounts, most discounts do not apply the the whole policy. A few only apply to the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, it doesn’t quite work that way.
To choose insurance companies offering car insurance discounts in Elgin, click here to view.
Some people just want to buy from a local agent and there is nothing wrong with that. The biggest benefit of getting online price quotes is you may find better rates but still work with a licensed agent.
Upon completion of this quick form, your coverage information gets sent to insurance agents in Elgin who will battle for your business. There is no need to visit any agencies because quoted prices will be sent to the email address you provide. How’s that for easy! Get lower rates and a licensed agent to work with.
Deciding on an insurance company shouldn’t rely on just the premium amount. Any agent should have no problem answering these questions:
If you’re trying to find local Elgin agents, you must know there are a couple different agency structures to choose from. Agencies in Elgin are categorized either independent (non-captive) or captive.
Captive insurance agents can only write with one company and some examples include Liberty Mutual, Allstate, Farmers Insurance or State Farm. They usually cannot compare other company’s rates so always compare other rates. Captive agents are trained well on their products and sales techniques which helps them sell insurance even at higher premiums.
Listed below are Elgin captive agents who can help you get rate quotes.
Farmers Insurance Group – 10 N Spring St # 202 – Elgin, IL 60120 – (847) 888-8353
Allstate Insurance Co – 1475 Bluff City Blvd – Elgin, IL 60120 – (847) 531-5563
American Family Insurance – 860 Summit St # 233 – Elgin, IL 60120 – (847) 841-1444
State Farm Insurance – 310 S Mclean Blvd # B – Elgin, IL 60123 – (847) 741-5733
Independent insurance agents do not work for one specific company so they can insure your vehicles with multiple insurance companies and potentially find a lower price. To move your coverage to a new company, the agent simply finds a different carrier and you don’t have to find a new agent. When shopping rates, it’s recommended you include price quotes from at a minimum one independent agency for the best price selection.
Below is a list of independent agents in Elgin that are able to give rate quotes.
Magnum Insurance – 302 S Mclean Blvd # B – Elgin, IL 60123 – (847) 608-7260
M G Intl Insurance Ctr – 1098 Dundee Ave – Elgin, IL 60120 – (847) 468-0300
Mitchell Agency Inc – 693 Dundee Ave – Elgin, IL 60120 – (847) 742-9696
Leo R Cox Agency – 350 Dundee Ave – Elgin, IL 60120 – (847) 742-9713
Robert Lindemann Agency – 744 Diane Ave – Elgin, IL 60123 – (847) 742-5351
To view a complete directory of car insurance agents in Elgin, please go to this site.
After getting positive responses for all questions you ask and a low price estimate, you’ve probably found a car insurance agent that is a good match to provide car insurance coverage.
When choosing coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Every situation is different so your insurance should reflect that For example, these questions may help you determine if your insurance needs would benefit from professional advice.
If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier
Even more information can be found at the Illinois Department of Insurance website. Consumers can read state legal mandates and laws, find out industry alerts, file complaints about an insurance agent or broker, and report car insurance fraud.
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As you restructure your insurance plan, you should never skimp on critical coverages to save a buck or two. In too many instances, consumers will sacrifice liability limits or collision coverage only to regret that they should have had better coverage. The ultimate goal is to buy the best coverage you can find at an affordable rate while still protecting your assets.
We just covered a lot of ways to get a better price on car insurance. It’s most important to understand that the more quotes you get, the better your comparison will be. You may even find the biggest savings come from a small mutual company. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive and GEICO.