Save Money on Palatine, IL Car Insurance Rates in Five Minutes

Shopping for the cheapest Palatine car insurance on the web may be impossible for people who are new to online price comaprisons. With a ridiculous number of insurers to choose from, how can you effectively compare the different rates to find the lowest price?

Policy discounts you shouldn’t miss

Companies offering auto insurance don’t list all their discounts in an easy-to-find place, so we break down some of the more common as well as the least known ways to save on car insurance. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Low Mileage Discounts – Keeping the miles down could be rewarded with discounted rates on garaged vehicles.
  • Theft Prevention Discount – Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Military Rewards – Being on active duty in the military can result in better rates.
  • Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates than drivers with accident claims.
  • Passive Restraints – Cars that have air bags can receive discounts of up to 25% or more.
  • Early Switch Discount – Select companies give a discount for switching to them before your current policy expires. It’s a savings of about 10%.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
  • Save over 55 – If you’re over the age of 55, you may qualify for reduced rates.
  • Homeowners Savings – Owning a home in Palatine can save you money due to the fact that maintaining a home shows financial diligence.

It’s important to understand that some of the credits will not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, you won’t be that lucky.

To see a list of companies with discount car insurance rates in Illinois, click here.

Do car insurance companies bend the truth?

Consumers in Illinois constantly see and hear ads for cheaper car insurance from companies such as Allstate, GEICO and Progressive. All the ads say the same thing about savings if you change your insurance image

But how can every company claim to save you money? This is how they do it.

Different companies have a certain “appetite” for the type of customer they prefer to insure. For instance, a preferred risk could possibly be between 30 and 50, owns a home, and has great credit. A propective insured that hits that “sweet spot” will qualify for the lowest rates and therefore will save when switching.

Potential insureds who don’t measure up to the requirements will be charged higher rates which leads to business not being written. The ads say “drivers who switch” not “people who quote” save that kind of money. That’s why companies can state the savings. That is why you should get as many comparisons as possible. You cannot predict the company that will provide you with the cheapest rates.

More sites with car insurance information

More detailed Illinois car insurance information can be read at the Illinois Department of Insurance website. Visitors are able to read enforcement actions against agents and companies, discover disciplinary actions, view agent and company licensing information, and download brochures.

In Summary

Drivers leave their current company for any number of reasons including not issuing a premium refund, high rates after DUI convictions, being labeled a high risk driver or an unsatisfactory settlement offer. It doesn’t matter what your reason, finding a new company is not as difficult as it may seem.

Illinois auto insurance

The cheapest car insurance is available online and with local Palatine insurance agents, so you should compare both to get a complete price analysis. Some insurance companies do not offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

When shopping online for car insurance, don’t be tempted to sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice uninsured motorist or liability limits only to regret that it was a big error on their part. The proper strategy is to buy the best coverage you can find at a price you can afford while still protecting your assets.