Techniques for Saving Money on Rexburg, ID Car Insurance Rates

Searching for affordable Rexburg car insurance on the web can seem to be rather challenging for consumers not familiar with comparison shopping online. With such a large number of choices, how can you even start to compare the different rates to find the cheapest rates?

Pricing the cheapest car insurance coverage in Rexburg is easy if you know what you’re doing. If you have insurance now or need new coverage, you can use this information to find better prices while maximizing coverage. Idaho consumers only need an understanding of the most effective way to compare price quotes over the internet.

Compare Rexburg Car Insurance Costs

Getting a cheaper price on insurance is actually quite simple. All you need to do is invest a few minutes comparing rates from different insurance companies. It is quite easy and can be accomplished using a couple different methods.

  • Probably the best way consumers can make multiple comparisons is a comparison rater form click to view form in new window. This form prevents you from having to do separate quote forms to each individual car insurance company. In just a few minutes this one form will get you price quotes from multiple companies. It’s the fastest way to compare.
  • A more difficult way to analyze rates consists of visiting the website for every company you want to comare to complete a price quote. For sake of this example, let’s assume you want to compare Progressive, 21st Century and Liberty Mutual. You would have to take the time to go to each site and enter your policy data, and that’s why the first method is more popular. For a list of links to insurance companies in Rexburg, click here.
  • The least recommended method of getting rate comparisons is driving to insurance agents’ offices. Buying insurance online can eliminate the need for a local agent unless you prefer the professional guidance of a local agent. It is possible to compare the best prices online but still have the advice of a local agent and we’ll touch on that later.

Which method you use is up to you, but make darn sure you compare apples-to-apples coverage information with every price quote. If you use unequal deductibles or liability limits it will be next to impossible to decipher which rate is best in Rexburg.

Cut your premium with discounts

The cost of insuring your cars can be expensive, but you can get discounts to help bring down the price. Some discounts apply automatically when you purchase, but some must be manually applied in order for you to get them. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Defensive Driver – Taking a driver safety course could possibly earn you a 5% discount depending on where you live.
  • Discount for Good Grades – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Auto/Home Discount – When you combine your home and auto insurance with the same insurance company you will save 10% to 20% off each policy.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class if offered at their school.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on the same car insurance policy can get a discount on all vehicles.
  • No Claims – Drivers with accident-free driving histories pay much less compared to drivers who are more careless.
  • Senior Citizens – If you’re over the age of 55, you may be able to get better car insurance rates.
  • Military Rewards – Having a family member in the military may qualify for rate reductions.
  • Theft Prevention Discount – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.

Drivers should understand that many deductions do not apply the the whole policy. Most only cut the price of certain insurance coverages like medical payments or collision. Just because it seems like it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will bring down your premiums.

Quote online but still have a local agent

A small number of people would prefer to sit down with an agent and that is OK! Agents are trained to spot inefficiencies and help in the event of a claim. The best thing about getting online price quotes is you may find lower rates and still have an agent to talk to. Buying from local insurance agencies is important particularly in Rexburg.

By using this form (opens in new window), your insurance data is transmitted to participating agents in Rexburg who will return price quotes for your business. You don’t have to visit any agencies since price quotes are sent to your email. It doesn’t get any easier!

Best auto insurance agent in Rexburg

When looking for an insurance agent, you must know there are a couple different types of agents from which to choose. Insurance agencies in Rexburg are either independent or captive. Both insure your vehicles, but it’s worth mentioning the differences since it may influence the selection Rexburg insurance quote

Independent Agents (or Brokers)

Independent agents are not required to write business for one company so they have the ability to put coverage amongst many companies enabling the ability to shop coverage around. To transfer your coverage to a different company, the business is moved internally and you won’t have to switch agencies. When comparing rates, it’s recommended you include multiple independent agents to ensure the widest selection of prices. They often place coverage with smaller companies which can be an advantage.

Shown below are independent insurance agencies in Rexburg that may be able to provide pricing information.

  • Archibald Insurance – 135 W Main St – Rexburg, ID 83440 – (208) 356-4411
  • Leonardson Insurance – 1109 Summers Dr – Rexburg, ID 83440 – (208) 356-6315
Captive Insurance Agents

Captive agencies work for only one company such as Allstate, Farmers Insurance, State Farm and AAA. They are unable to compare other company’s rates so it’s a take it or leave it situation. Captive agents are usually quite knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums. Consumers often buy from captive agents mainly due to high brand loyalty and solid financial strength.

Listed below is a short list of captive insurance agents in Rexburg who can help you get rate quotes.

  • American Family Insurance – 485 N 2nd E # 106 – Rexburg, ID 83440 – (208) 356-5840
  • Farmers Insurance Group – 147 N 2nd E # 2 – Rexburg, ID 83440 – (208) 356-6060
  • Farm Bureau Insurance – 1116 Bond Ave – Rexburg, ID 83440 – (208) 356-4439
  • State Farm Insurance – 46 N 2nd E – Rexburg, ID 83440 – (208) 356-9378
  • Allstate Insurance – 305 W Main St – Rexburg, ID 83440 – (208) 356-6280

For a full directory of Rexburg captive agents, please view this page.

Picking an insurance agency needs to be determined by more than just the bottom line cost. Agents should be asked these questions:

  • How long have they worked with personal auto insurance coverage?
  • Do clients work directly with the agent or are most inquiries handled by a CSR?
  • What insurance company do they write the most business with?
  • How much can you save by raising your physical damage deductibles?
  • Is their price quote a firm figure or are their hidden costs?
  • What are the financial ratings for the companies they represent?
  • Which insurance companies are they affiliated with?
  • Will their companies depreciate repairs to your car based on the mileage?

Upon receiving satisfactory answers to all your questions in addition to an acceptable price estimate, you have narrowed it down to an insurance agent that is a good match to insure your vehicles.

Lower your Rexburg Car Insurance Rates

Smart consumers have a good feel for the rating factors that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that will entitle you to better car insurance rates.

  • Occupation reflects on rates – Careers like doctors, architects and financial analysts are shown to have higher average rates attributed to high stress levels and lengthy work days. Conversely, occupations such as actors, engineers and retirees pay the least.
  • Extra coverages can waste money – There are many additional coverages that you can get tricked into buying on your policy. Coverages like roadside assistance, accidental death and motor club memberships are examples of these. They may seem like a good idea initially, but if you don’t need them get rid of them and save.
  • Where you live is a factor – Living in small towns and rural areas can be a good thing when insuring your vehicles. Less people living in that area translates into fewer accidents. Urban drivers regularly have much more traffic to deal with and longer commute times. Higher commute times means higher likelihood of an accident.
  • Higher deductibles cost less – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims are colliding with a building, damage caused by hail, and windstorm damage. Your deductibles are the amount of money you are willing to pay in the event of a claim. The higher the amount you’re willing to pay, the bigger discount you will receive.

In the end, you save

Insureds change insurance companies for any number of reasons including policy cancellation, lack of trust in their agent, policy non-renewal and even an unsatisfactory settlement offer. No matter why you want to switch, finding a new company can be less work than you think.

Auto insurance in Rexburg ID

We just presented some good ideas how you can shop for car insurance online. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may be surprised to find that the biggest savings come from a small local company.

When you buy insurance online, you should never reduce coverage to reduce premium. In many cases, someone dropped liability coverage limits only to find out that the few dollars in savings costed them thousands. The aim is to get the best coverage possible for the lowest price, not the least amount of coverage.

Much more information about car insurance in Idaho can be found on the Idaho Department of Insurance website located here. Consumers can file complaints about a company, view a list of available companies, and find out industry alerts.

Other useful links include this page for car insurance prices in Idaho and this page for help finding agents in Rexburg, ID.