If price shopping auto insurance online is new to you, it’s easy to be confused by the large number of online auto insurance companies and websites vying for business in Bloomington.
It’s a good idea to check auto insurance prices quite often due to the fact that insurance rates are adjusted regularly by insurance companies. Just because you found the best rates on your last policy you may be paying too much now. So block out anything you think you know about auto insurance because it’s time to teach you the tricks you need to know to lower your annual insurance bill.
Finding affordable coverage in Bloomington is easy if you know what you’re doing. Just about everyone who shops for auto insurance most likely will be able to save money. Although Illinois drivers can benefit from knowing how companies compete online.
All major auto insurance companies like Progressive, Allstate and GEICO quote prices for coverage directly from their websites. Obtaining pricing is fairly simple as you simply enter the amount of coverage you want as detailed in the form. Once entered, the company’s rating system will order reports for credit and driving violations and returns a price quote based on many factors.
This helps simplify price comparisons, but the time required to go to several different sites and fill out multiple forms can be a bit repetitive. But it is imperative to have as many quotes as possible if you want to find the best price on auto insurance.
Quote rates the easy way
The quickest way to lower your rates uses one simple form that gets price quotes from more than one company. This type of form saves time, helps eliminate reptitive entry, and makes quoting online much more enjoyable and efficient. After sending your information, it is quoted and you can select your choice of the pricing results. If you find a better price you simply finish the application and buy the policy. It can be completed in a matter of minutes and may save quite a bit of money.
If you want to get comparison pricing now, click here and submit your coverage information. If you have your current policy handy, we recommend you copy deductibles and limits just like they are on your policy. This ensures you will be getting rate quotes for similar insurance coverage.
Auto insurance companies such as Progressive, Allstate and GEICO constantly bombard you with ads on television and other media. They all seem to make an identical promise that you’ll save big if you switch to their company. But how can every company make almost identical claims?
Insurance companies have a preferred profile for the right customer that earns them a profit. For instance, a profitable customer might be a mature driver, has no prior claims, and drives less than 7,500 miles a year. A driver who fits that profile will get the preferred rates and as a result will probably save a lot of money.
Consumers who do not match the requirements must pay higher premiums and this can result in business not being written. The ads state “people who switch” but not “drivers who get quotes” save that kind of money. That is how insurance companies can make the claims of big savings. This illustrates why it’s extremely important to compare as many rates as you can. It is impossible to predict the company that will fit your personal profile best.
Consumers need to have an understanding of the factors that play a part in calculating auto insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that could result in much lower annual insurance costs.
Companies offering auto insurance don’t always publicize every discount very well, so here is a list both the well known and the more hidden savings tricks you should be using.
Consumers should know that most credits do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like having all the discounts means you get insurance for free, companies don’t profit that way.
Certain consumers prefer to visit with an insurance agent and that is a personal choice. The best thing about comparing rates online is you may find better rates but also keep your business local.
Upon completion of this form (opens in new window), the coverage information is emailed to agents in your area who will give you bids for your business. There is no need to leave your house as quotes are delivered directly to your email. How cool is that?! You’ll get the best rates and work with a local agent.
Choosing an insurer should depend on more than just a cheap price. Agents should be asked these questions:
When searching for an insurance agent, you need to know there are two types of insurance agents to choose from. Bloomington agents are categorized either independent or captive.
Captive agents can only place business with one company and examples are Allstate, AAA, Liberty Mutual and State Farm. These agents are unable to give you multiple price quotes so keep that in mind. Captive agents are trained well on their company’s products which helps them compete with independent agents. Some consumers prefer to buy from captive agents primarily because of the brand legacy and solid financial strength.
Listed below are Bloomington captive agencies that can give you price quote information.
Independent agents are not employed by any specific company so they have the ability to put coverage with multiple insurance companies and possibly get better coverage at lower prices. If your agent finds better pricing, the agent simply finds a different carrier and you won’t have to switch agencies. When comparison shopping, you should always contact several independent insurance agents to have the most options to choose from. They often place coverage with different regional companies who may have lower rates.
Listed below are independent agencies in Bloomington that can give you comparison quotes.
For a complete listing of Bloomington insurance agents, please view this page.
Once you have good answers for all questions you ask and a good coverage price, you’ve probably found an auto insurance agent that is a good match to adequately provide auto insurance.
Drivers change insurance companies for many reasons like delays in responding to claim requests, high prices, high rates after DUI convictions and even delays in paying claims. Regardless of your reason, switching companies is pretty easy and you might even save some money in the process.
Discount auto insurance is available both online and also from your neighborhood Bloomington agents, and you need to price shop both in order to have the best price selection to choose from. Some companies may not provide online quoting and most of the time these small insurance companies sell through independent agents.
As you prepare to switch companies, do not buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice liability limits or collision coverage and discovered at claim time that they should have had better coverage. Your focus should be to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.
Additional detailed information is available at the Illinois Department of Insurance website. Illinois consumers can download brochures, get help finding coverage, find out which companies have the most complaints, and learn about specific coverages.
The following information may also be useful.