Free Guide to Spending Less for Peoria Illinois Auto Insurance Online

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me when I say there are many people just like you.

Many auto insurance companies compete to insure your vehicles, so it can be very hard to choose a provider to find the lowest cost out there.

It’s important to price shop coverage at least once a year because rates fluctuate regularly. Even if you got the best rates two years ago the chances are good that you can find a lower rate today. Forget all the misinformation about auto insurance because you’re about to find out the proper way to buy cheaper auto insurance.

If you are paying for car insurance now, you should be able to cut costs considerably using these methods. Finding the best rates in Peoria is easy if you know what you’re doing. But Illinois consumers must comprehend how big insurance companies determine prices and take advantage of how the system works.

Informed Drivers can Cut Their Rates

Smart consumers have a good feel for the different types of things that help determine the price you pay for auto insurance. When you know what positively or negatively determines base rates helps enable you to make changes that could result in better auto insurance rates.

The following are a partial list of the pieces that factor into premiums.

  • High numbers of claims are not good – If you file claims often, you can definitely plan on either higher rates or even cancellation. Car insurance companies in Illinois award lower rates to people who do not rely on their insurance for small claims. Car insurance is intended for major claims that would cause financial hardship.
  • Multi-policy discounts can save money – Many insurance companies give discounts to customers who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, you may still want to shop around to make sure you are getting the best deal. You may still find a better deal by buying insurance from more than one company.
  • Theft deterrents lower rates – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart your car from being stolen.
  • Lower miles equals lower premium – The higher the mileage driven each year the higher your rate. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars and trucks that are left in the garage can get a lower rate than those used for commuting. Verify your auto insurance declarations sheet is rated on the correct usage for each vehicle, because it can save money.
  • Men pay higher rates – Statistics demonstrate that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are worse drivers. Both sexes are in accidents at a similar rate, but the male of the species cause more damage. Men also tend to receive more costly citations like reckless driving and DUI. Young males are the most expensive to insure and therefore have the most expensive auto insurance rates.
  • Better credit scores mean better rates – A driver’s credit score is a huge factor in your rate calculation. If your credit history is lower than you’d like, you could be paying less to insure your by improving your rating. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with poor credit.
  • Don’t cancel a policy without a new one in place – Having an insurance coverage lapse will be a guaranteed way to increase your auto insurance rates. And not only will insurance be more expensive, but being ticketed for driving with no insurance can result in a steep fine or even jail time.

How to Get Cheap Auto Insurance in Peoria, IL

There are a variety of methods you can shop for auto insurance but one way is less time-consuming than others. You could spend your day driving to agents in Peoria, or you could save time and use online quoting to get the quickest rates.

Many companies are enrolled in a marketplace where insurance shoppers complete one form, and each participating company can give them a price based on the submitted data. This system prevents you from having to do quote forms for each company.

To find out how much you’re overpaying now click here to start a free quote.Peoria insurance comparisons

The only downside to doing it this way is buyers cannot specifically choose which insurance companies you want pricing from. So if you prefer to pick from a list of companies to request quotes from, we have assembled a list of low cost auto insurance companies in Illinois. Click to view list.

Whichever way you use, ensure you’re using apples-to-apples coverage limits and deductibles for every quote you compare. If each company quotes differing limits it’s impossible to determine which rate is truly the best in Peoria. Quoting even small variations in coverage limits can result in a big premium difference. And when quoting auto insurance, remember that comparing a large number of companies helps you find lower pricing.

Companies offer discounts so take them!

Companies offering auto insurance do not list every available discount in a way that’s easy to find, so here is a list some of the more common and also the lesser-known ways to save on auto insurance.

  • Early Signing – Some companies give discounts for signing up prior to your current policy expiration. This can save 10% or more.
  • Senior Discount – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums.
  • Homeowners Savings – Owning a home in Peoria may earn you a small savings because maintaining a house demonstrates responsibility.
  • Save with a New Car – Buying coverage on a new vehicle can save up to 30% due to better safety requirements for new cars.
  • Accident Forgiveness – Some insurance companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
  • Organization Discounts – Affiliation with a qualifying organization could trigger savings when buying auto insurance.
  • Federal Employees – Active or retired federal employment can save as much as 8% depending on your company.
  • Service Members Pay Less – Having a family member in the military can result in better rates.

Keep in mind that most discounts do not apply the the whole policy. Most cut specific coverage prices like comp or med pay. So even though it sounds like you would end up receiving a 100% discount, companies wouldn’t make money that way.

For a list of companies with discount auto insurance rates in Peoria, click this link.

What about my local Peoria agents?

Some people just want to buy from a local agent and there is nothing wrong with that. One of the best bonuses of comparing rates online is that you can obtain better rates but still work with a licensed agent.

To find an agent, once you fill out this form (opens in new window), your information is immediately sent to participating agents in Peoria who will compete to get your business. You don’t have to leave your house due to the fact that quote results will go to your email. How cool is that?! You’ll get the best rates and work with a local agent.

Choosing a company shouldn’t rely on just the premium amount. Some important questions to ask are:

  • How many years of experience in personal lines insurance coverages do they have?
  • How are claims handled?
  • Do they carry Errors and Omissions coverage?
  • Do you have coverage for a rental car if your vehicle is in the repair shop?
  • Is vehicle damage repaired with OEM or aftermarket parts?
  • Do they have any clout with companies to ensure a fair claim settlement?
  • Can they give you a list of client referrals?

Shown below are agents in Peoria willing to provide rate quotes.

Dooley Agency – 2405 N University St, Peoria, IL 61604 – (309) 685-7575
Insurance Services Inc – 4617 N Prospect Rd # 17, Peoria, IL 61616 – (309) 682-3314
Allstate Insurance – 7800 N Sommer St # 204, Peoria, IL 61615 – (309) 691-0104
Farmers Insurance Group – 7625 N University St # B3, Peoria, IL 61614 – (309) 693-3003
State Farm Insurance – 2610 W Forrest Hill Ave, Peoria, IL 61604 – (309) 679-9600
Country Insurance & Financial – 4718 N Sheridan Rd, Peoria, IL 61614 – (309) 686-7050

Upon receiving good answers to any questions you have and a low price estimate, you may have just found an provider that can properly insure your vehicles.

Even more information is located at the Illinois Department of Insurance website. Illinois consumers can find out industry alerts, read consumer alerts, learn about insurance regulations, and get help finding coverage.

The articles below may also help you learn more about auto insurance in Peoria

Do the work, save more money

We covered a lot of techniques to compare auto insurance prices online. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding lower rates. Consumers may even find the lowest premiums are with a company that doesn’t do a lot of advertising. Some small companies may only write in your state and offer lower rates as compared to the big name companies such as Progressive and GEICO.

As you prepare to switch companies, never buy poor coverage just to save money. Too many times, drivers have reduced comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy a smart amount of coverage at the best price, not the least amount of coverage.