Expert Tips to Cheaper Lawrence Indiana Auto Insurance

Have you had enough of not being able to afford to buy car insurance? You’re in the same situation as the majority of other car owners in Indiana. Multiple auto insurance companies compete for your insurance dollar, so it can be very hard to choose a insurer to find the cheapest price

If you have insurance now or are looking for a new policy, you can use these techniques to find better prices while maximizing coverage. Buying car insurance in Lawrence is not rocket science. Indiana drivers just need to understand the proper methods to find the lowest price online.

Learn How to Buy Auto Insurance Cheaper

Consumers need to have an understanding of the different types of things that go into determining auto insurance rates. Understanding what influences your rates helps enable you to make changes that may reward you with big savings.

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

  • Is your vehicle built for speed? – The type of car you drive makes a substantial difference in your rates. The lowest base rates tend to be for economy passenger models, but there are many factors that impact the final cost.
  • Marriage pays dividends – Getting married helps lower the price on auto insurance. Marriage usually means you are more mature than a single person and statistics show being married results in fewer claims.
  • Tickets mean higher rates – Your driving citation history has a big impact on rates. Good drivers tend to pay less for car insurance than people who have multiple driving citations. Even one citation can increase rates by twenty percent. Drivers who have severe citations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 form to the state department of motor vehicles in order to drive a vehicle legally.
  • Liability insurance protects assets – Liability insurance is the protection if ever a jury decides you are liable for damages caused by your negligence. It will provide legal defense coverage which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so do not skimp.
  • Your auto insurance rates can be influenced by your job – Jobs such as lawyers, social workers and dentists tend to have the highest average rates in part from high stress and lengthy work days. Other professions such as pilots, historians and the unemployed receive lower rates.
  • Younger drivers pay higher rates – Youthful drivers in Indiana are known to get distracted easily when driving so they pay higher auto insurance rates. Having to add a teenage driver onto a policy can be quite pricey. More mature drivers are more responsible, file fewer claims and get fewer tickets.

Be sure to get all your discounts

The cost of insuring your cars can be expensive, buy you may qualify for discounts that can drop the cost substantially. Some discounts apply automatically when you get a quote, but lesser-known reductions have to be requested specifically before being credited. If you’re not getting every credit possible, you are paying more than you should be.

  • Accident Free – Drivers with accident-free driving histories can save substantially as compared to frequent claim filers.
  • Federal Government Employee – Active or retired federal employment may qualify you for a discount depending on your company.
  • Early Signing – A few companies offer discounts for signing up prior to your current policy expiration. This can save 10% or more.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same auto insurance policy qualifies for this discount.
  • Clubs and Organizations – Affiliation with a civic or occupational organization is a good way to get lower rates on your policy.
  • Resident Student – Kids in college living away from home attending college and don’t have a car may be able to be covered for less.
  • Service Members Pay Less – Being on active duty in the military could be rewarded with lower premiums.
  • Anti-theft Discount – Cars that have factory anti-theft systems can help prevent theft and will save you 10% or more.

Consumers should know that most of the big mark downs will not be given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates you could get a free auto insurance policy, it doesn’t quite work that way. Any qualifying discounts will reduce the cost of coverage.

To see a list of insurance companies with discount auto insurance rates in Lawrence, click this link.

Your insurance agent down the street

Some people would prefer to visit with an insurance agent. Insurance agents can point out coverage gaps and give you peace of mind. One of the great benefits of getting online price quotes is that you can obtain better rates and still have an agent to talk to. And providing support for local businesses is important especially in insurance image

To make it easy to find an agent, after completing this simple form, your coverage information is instantly submitted to participating agents in Lawrence who will give you bids for your insurance coverage. There is no reason to drive around as quotes are delivered directly to your email. It doesn’t get any easier!

Two types of Lawrence auto insurance agents

If you’re trying to find a good insurance agency, there are two types of insurance agents that you can select. Insurance agencies in Lawrence are classified as either independent (non-captive) or captive. Both types can insure your vehicles, but it’s good to learn the difference between them since it may influence the selection process.

Independent Agencies or Brokers

Independent insurance agents do not work for one specific company so they can insure your vehicles with many different companies and potentially find a lower price. To move your coverage to a new company, an independent agent can move your coverage and that require little work on your part.

When comparing rates, we recommend you contact at least one independent agent to have the most options to choose from.

Shown below is a short list of independent agents in Lawrence willing to provide price quote information.

Trueblood Insurance – 4433 N Franklin Rd # A – Lawrence, IN 46226 – (317) 545-0526

Agency Captives

This type of agents write business for a single company and some examples include Liberty Mutual, State Farm, Allstate and AAA. Captives cannot provide prices from multiple companies so keep that in mind. They are trained well in insurance sales which helps them compete with independent agents.

Choosing a car insurance agent needs to be determined by more than just a low price. These questions are important to ask:

Car insurance in Lawrence

  • Do the coverages you’re quoting properly cover your vehicle?
  • Does the company allow you to choose your own collision repair facility?
  • Do they assist clients in filing claims?
  • Is assistance available after office hours?
  • Does the agency have a good rating with the Better Business Bureau?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
  • Is their price quote a firm figure or are their hidden costs?
  • Do they receive special compensation for putting your coverage with one company over another?

Once you have received good answers as well as a affordable price, most likely you have located an insurance agent that will properly service your auto insurance policy.

For more Indiana auto insurance information

More information is located on the website for the Indiana Department of Insurance through this link. Indiana drivers can read enforcement actions against agents and companies, view a list of available companies, and discover disciplinary actions.

More related Lawrence auto insurance information:

In Summary

Low-cost auto insurance can be bought both online and also from your neighborhood Lawrence agents, and you need to comparison shop both to have the best chance of lowering rates. Some companies may not provide online quoting and most of the time these regional insurance providers sell through independent agents.

We’ve covered many ways to get a better price on auto insurance. The most important thing to understand is the more you quote, the higher the chance of saving money. You may even find the lowest premiums are with an unexpected company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as GEICO and State Farm.