Learn How to Find the Lowest Price on Peoria, IL Auto Insurance

Did you fall for a flashy sales pitch and buy overpriced auto insurance? Trust us, many Peoria consumers feel financially strained by their auto insurance policy. There are many auto insurance companies to choose from, and although it’s a good thing to have multiple companies, too many choices makes it more difficult to locate the cheapest rates.

You should take the time to compare rates occasionally due to the fact that insurance rates go up and down regularly. Even if you got the best rates a couple years back you can probably find a lower rate today. There is a lot of bad advice regarding auto insurance online but we’re going to give you some solid techniques on how to stop overpaying for insurance.

Peoria Auto Insurance Quote Comparison

Most companies like State Farm, Allstate and GEICO give insurance quotes online. Obtaining pricing doesn’t take a lot of time as you just enter the coverage amounts you desire as detailed in the form. Behind the scenes, their system orders reports for credit and driving violations and returns pricing information determined by many factors. Online quotes helps simplify price comparisons, but having to visit a lot of sites and complete many quote forms is not the best way to spend an afternoon. Unfortunately, it is important to get many rate quotes in order to find the lowest possible prices on auto insurance.

Rate comparisons made easy

The smarter way to lower your rates makes use of a single form that obtains quotes from more than one company. The form is fast, eliminates form submissions, and makes online price comparison a little more enjoyable. As soon as you send your information, your coverage is rated and you can select any one of the returned quotes.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase coverage. The entire process takes less than 15 minutes and can result in significant savings.

To save time and compare rates using this form now, simply click here to open in new window and begin entering your coverage information. If you currently have coverage, we recommend that you enter exactly as shown on your declarations page. Doing this assures you will have rate quotes for similar coverage.

Lots of discounts mean lots of savings

Insuring your fleet can be pricey, but there could be available discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at the time of quoting, but some must be requested specifically before they will apply. If you don’t get every credit you deserve, you are paying more than you should be.

  • More Vehicles More Savings – Having multiple cars or trucks with the same company may reduce the rate for each vehicle.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts as compared to bad drivers.
  • Theft Prevention System – Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Sign Online – Some insurance companies will discount your bill up to fifty bucks for buying a policy and signing up digitally online.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts could save 15% off your PIP or medical payments premium.

A little note about advertised discounts, some credits don’t apply to all coverage premiums. Most only cut the price of certain insurance coverages like liability and collision coverage. Even though it may seem like you could get a free auto insurance policy, companies don’t profit that way. Any qualifying discounts will cut your overall premium however.

Buying car insurance locally

Some people just want to talk to a local agent and that is OK! Professional agents can point out coverage gaps and give you peace of mind. The best thing about getting online price quotes is you may find the lowest rates and still have an agent to talk to. And providing support for local agencies is definitely important in Peoria.Illinois car insurance quote

To help locate an agent, after submitting this quick form, the quote information is immediately sent to insurance agents in Peoria who will battle to get your business. There is no need to even leave your home because quoted prices will be sent immediately to your email address. How’s that for easy!

Types of insurance agents

If you’re trying to find a reliable agent, you need to know there are two types of insurance agents to choose from. Agencies in Peoria are categorized either independent (non-captive) or captive. While both can do a good job, but it’s worth learning the difference between them because it can impact your selection of an agent.

Independent Agencies or Brokers

Independent insurance agents are not required to write business for one company but rather can write business with lots of companies depending on which coverage is best. If you are not satisfied with one company, the business is moved internally without you having to go to a different agency. When searching for an agent, we recommend you include at least one independent agent for maximum quote selection.

Shown below are independent agents in Peoria that may be able to provide pricing information.

Managed Benifits Agency Inc – 1605 W Candletree Dr # 103 – Peoria, IL 61614 – (309) 689-1695
Hawk Agency – 7131 N Knoxville Ave – Peoria, IL 61614 – (309) 690-9800
Iliff and Hauser Agency – 3100 N Knoxville Ave # 206 – Peoria, IL 61603 – (309) 686-9090
Richard Velpel Insurance – 1418 W Glen Ave – Peoria, IL 61614 – (309) 689-3006
Integrated Insurance and Risk – 1912 N Sheridan Rd – Peoria, IL 61604 – (309) 686-3737

Agency Captives

Captive agencies can only place business with one company and some examples include State Farm or Allstate. They generally cannot shop your coverage around so always compare other rates. They are very knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums.

Listed below are captive agents in Peoria that can give you comparison quotes.

Farmers Insurance Group – 2600 N Knoxville Ave – Peoria, IL 61604 – (309) 682-9660
State Farm Insurance – 2610 W Forrest Hill Ave – Peoria, IL 61604 – (309) 679-9600
Allstate Insurance – 3701 N Sheridan Rd – Peoria, IL 61614 – (309) 681-0050
American Family Insurance – 4605 N University St – Peoria, IL 61614 – (309) 688-8855

To view a full list of captive insurance agents in Peoria, view this link.

Selecting an insurance agency shouldn’t rely on just a low price. These are valid questions to ask:

Illinois car insurance quote

  • Are you getting all the discounts the company offers?
  • Do they specialize in personal lines coverage?
  • Are claims handled at the agent’s location?
  • What will you get paid if your car is a total loss? How is that amount determined?
  • Will their companies depreciate repairs to your car based on the mileage?
  • How much can you save by raising your physical damage deductibles?

Upon getting answers to your satisfaction to your questions and locked in a price quote, you’ve probably found a car insurance agent that meets your needs to provide auto insurance coverage.

Do I just need basic coverages?

When it comes to buying the right insurance coverage for your vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions can aid in determining if you would benefit from an agent’s advice.

  • How can I get high-risk coverage after a DUI?
  • Do I have coverage when using my vehicle for my home business?
  • Will my rates increase for filing one claim?
  • Who is covered by my policy?
  • When should my teen driver be added to my policy?
  • How do I file an SR-22 for a DUI in Illinois?
  • What is the difference between comprehensive and collision coverage?
  • Is my vehicle covered for flood damage?
  • Are all vehicle passengers covered by medical payments coverage?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and you can get the answers you need.

More information is available on the website for the Illinois Department of Insurance found here. Visitors are able to view agent and company licensing information, read consumer alerts, and learn about insurance regulations.

More related Peoria auto insurance information:

Online plus local equals savings

Throughout this article, we presented many ideas to lower your auto insurance rates. The most important thing to understand is the more companies you get rates for, the better your comparison will be. You may be surprised to find that the lowest priced auto insurance comes from some of the smallest insurance companies. They can often provide lower rates in certain areas as compared to the big name companies such as Progressive or GEICO.

When trying to cut insurance costs, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced liability coverage limits only to regret they didn’t purchase enough coverage. Your focus should be to find the BEST coverage at a price you can afford while still protecting your assets.