Did you make the mistake of buying high-priced insurance? You're preaching to the choir because many Valparaiso consumers feel financially strained by their insurance policy.
A recent study showed that the vast majority of consumers kept their coverage with the same insurance company for well over three years, and virtually 40% of consumers have never even compared rates from other companies. Consumers in Valparaiso could save nearly 55% a year by just shopping around, but they feel it's too difficult to find lower-cost insurance rates. Insurance companies such as Allstate, Liberty Mutual and State Farm promote their brand names with advertising and it can be hard to sift through the bull and take the time to shop coverage around.
It is always a good idea to do rate comparisons occasionally since prices change regularly. Despite the fact that you may have had the best rate on insurance six months ago the chances are good that you can find a lower premium rate today. Block out anything you think you know about insurance because I'm going to let you in on the secrets to how to quote online to properly buy coverages while reducing your premium.
If you are insured now or just want to reduce your rates, take advantage of these tips to get lower rates without reducing coverage. Locating the best insurance company for you in Valparaiso is not that difficult. Drivers just have to know the most efficient way to compare price quotes from many companies at once.
Car insurance companies in Valparaiso
The car insurance companies shown below have been selected to offer free quotes in Valparaiso, IN. If multiple companies are shown, it's a good idea that you visit as many as you can in order to find the lowest rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT Crew Cab 4WD||$1,042||$521||$87|
|Chevrolet Equinox LTZ 2WD||$1,048||$524||$87|
|Chevrolet Malibu LTZ||$714||$357||$60|
|Chevrolet Silverado LT Crew Cab 4WD||$912||$456||$76|
|Dodge Grand Caravan Hero||$728||$364||$61|
|Dodge Ram Crew Cab ST 2WD||$1,002||$501||$84|
|Ford Escape XLT 2WD||$696||$348||$58|
|Ford Explorer Limited 2WD||$786||$393||$66|
|Ford F-150 XLT Crew Cab 2WD||$732||$366||$61|
|Ford Focus SE 4-Dr Sedan||$850||$425||$71|
|Honda Accord EX 2-Dr Coupe||$1,206||$603||$101|
|Honda CR-V EX 4WD||$742||$371||$62|
|Honda Civic VP 4-Dr Sedan||$796||$398||$66|
|Jeep Wrangler Rubicon 4WD 2-Dr||$792||$396||$66|
|Mazda 3 S Sport 4-Dr Sedan||$1,318||$659||$110|
|Nissan Altima 3.5 SR 2-Dr Coupe||$1,340||$670||$112|
|Toyota Camry LE||$742||$371||$62|
|Toyota Corolla XLE||$784||$392||$65|
|Get Your Own Custom Quote Go|
Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Price estimates do not factor in garaging location in Valparaiso which can increase or decrease coverage rates substantially.
Higher deductibles save money
One frequently asked question is which deductible level should you buy. The data tables below show the costs and benefits between high and low policy deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.
Nissan Sentra rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sentra 2.0 S||$188||$430||$280||$16||$84||$1,023||$85|
|Sentra 2.0 SR||$188||$430||$280||$16||$84||$1,023||$85|
|Sentra 2.0 SL||$216||$430||$280||$16||$84||$1,051||$88|
|Sentra SE-R SPEC V||$216||$496||$280||$16||$84||$1,117||$93|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sentra 2.0 S||$116||$270||$280||$16||$84||$766||$64|
|Sentra 2.0 SR||$116||$270||$280||$16||$84||$766||$64|
|Sentra 2.0 SL||$134||$270||$280||$16||$84||$784||$65|
|Sentra SE-R SPEC V||$134||$312||$280||$16||$84||$826||$69|
|Get a Quote for Your Vehicle Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in specific location information which can raise or lower rates noticeably.
Using the premium rates above, we can conclude that using a $250 deductible costs about $22 more each month or $264 each year than buying the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you go more than 34 months between claim filings, you would more than likely save some money by selecting a higher deductible.
Discount Valparaiso auto insurance rates
Auto insurance companies do not advertise every policy discount in an easy-to-find place, so below is a list a few of the more well known and also the lesser-known credits available to lower your premiums when you buy Valparaiso car insurance online.
- Good Student - Being a good student may save as much as 25% on a Valparaiso car insurance quote. You can use this discount normally up to age 25.
- Resident Student - Children who live away from home to go to college without a vehicle on campus may be able to be covered for less.
- Senior Citizen Discount - If you qualify as a senior citizen, you may be able to get a small discount on rates.
- Theft Deterrent System - Vehicles equipped with tracking devices and advanced anti-theft systems help deter theft and can earn a small discount on your policy.
- E-sign - Certain larger companies provide a small discount for buying your policy on the internet.
- Life Insurance - Select insurance carriers reward you with a break if you buy some life insurance in addition to your auto policy.
Discounts reduce rates, but you should keep in mind that many deductions do not apply to all coverage premiums. The majority will only reduce individual premiums such as liability and collision coverage. Even though the math looks like you could get a free auto insurance policy, you won't be that lucky.
A few of the larger companies and a selection of discounts are outlined below.
- State Farm has discounts for multiple autos, anti-theft, student away at school, good driver, and driver's education.
- GEICO may include discounts for multi-vehicle, defensive driver, driver training, daytime running lights, federal employee, and five-year accident-free.
- Liberty Mutual policyholders can earn discounts including teen driver discount, new vehicle discount, exclusive group savings, multi-policy, preferred payment discount, and good student.
- The Hartford may offer discounts for air bag, defensive driver, vehicle fuel type, bundle, and good student.
- MetLife offers discounts including good driver, good student, multi-policy, accident-free, defensive driver, and claim-free.
- Progressive includes discounts for multi-policy, good student, multi-vehicle, homeowner, and continuous coverage.
When getting a coverage quote, ask all companies you are considering to give you their best rates. Some credits might not be offered on policies in your area.
When should I discuss my situation with an agent?
When quoting and comparing a policy, there really isn't a best way to insure your cars. Your situation is unique and your auto insurance should unique, too. For example, these questions may help you determine if your situation will benefit from professional help.
- What can I do if my company denied a claim?
- Do I have coverage when using my vehicle for my home business?
- What exactly is covered by my policy?
- Am I covered if I hit someone who is not insured?
- What does medical payments coverage do?
- Is a driver training discount available?
- What does roadside assistance cover?
- Does my policy cover my teen driver if they drive my company car?
- I don't drive much so do I pay less?
- Am I covered when delivering products for my home-based business?
If you don't know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don't have a local agent, fill out this quick form or you can also visit this page to select a carrier It's fast, free and may give you better protection.
Can't I compare rate quotes from local Valparaiso insurance agents?
A lot of people just prefer to have an agent's advice and that is just fine! Most agents will help you protect your assets and help submit paperwork. The biggest benefit of comparing rate quotes online is the fact that drivers can get the lowest rates and still have a local agent.
Upon completion of this short form, your information gets sent to participating agents in Valparaiso that can provide free Valparaiso car insurance quotes for your insurance coverage. You never need to do any legwork because quoted prices will be sent immediately to you. If you have a need to compare prices from one company in particular, don't hesitate to go to their quote page and give them your coverage information.
Choosing the best company needs to be determined by more than just a cheap price. Here are some questions to ask:
- How much training do they have in personal risk management?
- How would your car be valued if totalled?
- What are the financial ratings for the companies they represent?
- Does the agent recommend any additional coverage?
- Who are their largest clients?
- Are they properly licensed to sell insurance in Indiana?
- If you raise deductibles, how much can you save?
- How many years have they been established?
Exclusive or Independent: There is a difference
If you need to find a local Valparaiso insurance agency, there are a couple of types of agencies and how they work. Insurance agencies in Valparaiso may be either exclusive or independent (non-exclusive). Either one can properly insure your vehicles, but it's good to learn why they differ since it can affect your selection of an agent.
Exclusive Insurance Agencies
Agents that elect to be exclusive write business for a single company and examples are Allstate, AAA, Farmers Insurance, and State Farm. They generally cannot shop your coverage around so they are skilled at selling on more than just price. Exclusive insurance agents are very knowledgeable on their products and sales techniques and that allows them to sell at a higher price point.
Independent Insurance Agents
Independent agencies are not limited to a single company and that is an advantage because they can write policies through many different insurance companies and find the cheapest rate. If prices rise, your policy is moved internally and the insured can keep the same agent.
If you are comparing insurance prices, it's a good idea to compare quotes from several independent agencies to have the best price comparison.
Persistence is the key to cheaper rates
We just presented a lot of ways to reduce insurance premium rates online in Valparaiso. The key concept to understand is the more rate quotes you have, the better your comparison will be. Consumers may even find the lowest priced insurance comes from some of the lesser-known companies. Some small companies often have lower prices on specific markets than the large multi-state companies such as State Farm, GEICO and Nationwide.
As you quote Valparaiso car insurance, do not buy less coverage just to save a little money. Too many times, drivers have reduced liability coverage limits only to find out that the small savings ended up costing them much more. Your goal should be to buy enough coverage at the lowest possible cost, but do not skimp to save money.
To learn more, link through to the resources below:
- Credit Impacts Car Insurance Rates (State Farm)
- How Much are Indiana Car Insurance Quotes for a Ford Explorer? (FAQ)
- What Auto Insurance is Cheapest for Welfare Recipients in Indiana? (FAQ)
- What Auto Insurance is Cheapest for a Subaru Outback in Indiana? (FAQ)
- Things to Know Before you Cancel Insurance (Allstate)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Vehicle Size and Weight FAQ (iihs.org)