Almost everyone who drives an automobile wants to get cheap automobile insurance in Iowa – and if they don’t, they should!
The good news is there are several steps you can easily take that will help to keep the cost of your automobile insurance at a bare minimum – steps that you need to take even before you get online and start comparing policies and prices, searching for the best deal possible.
For example, the way you drive can have a great effect on how much you pay each month for your automobile insurance here in Iowa. If you frequently speed or drive recklessly and you receive a ticket for any moving violation then your automobile insurance rates will most like increase.
If you drive drunk or impaired and are convicted of DUI or DWI your automobile insurance costs are going to go through the roof. If you are convicted of a second such offense you’ll be lucky to get insurance at any price.
If you have homeowner’s or health or any other insurance policy with the same carrier you should ask your agent if you qualify for a Multi-Policy Discount on your car insurance.
If you have been with the same company for at least 5 years you need to ask about a Long-Term Discount on your monthly premiums.
Do you keep your car in a garage at night? If so, you are entitled to a discount on your monthly premium.
Do you drive less than 500 miles each month? If so, talk to your agent about getting a Low-Mileage Discount.
If you’re over 55 you could get a hefty discount if you take and pass a special driver’s refresher course. Not every insurance company offers this discount so be sure to ask.
If you’re buying a new car talk to your insurance agent first. Not every new car is created equal when it comes to the cost of insuring it. It would be a shame to set your heart on one model only to discover that you can’t afford the monthly insurance cost.
If you’re under 25 you are automatically placed in a high-risk category and you’ll pay a higher premium than you would if you were older. One solution to this problem is to stay in school and maintain at least a “B” grade average – in that way you can qualify for approximately a 5% Good Student Discount on your automobile insurance.
Do you drive an older model car, one that no longer has much, if any, Kelly Blue Book value? If so you should be aware that paying for collision or comprehensive insurance could be a total waste of your money since your insurance company won’t pay you anything for your vehicle regardless of how long you’ve paid your premiums.
And what about your deductible? The larger your deductible the lower your monthly premium payment is going to be. But think carefully before increasing your deductible too high, since you will be required to pay this amount in cash before your insurance company will pay on any claim you make.
O.K., now you know how to structure an automobile insurance policy to get the best rates possible, so it’s time to get online and plug this information into at least 3 different websites that allow you to make side-by-side comparisons of automobile insurance polices and prices between various insurance companies.
Don’t skimp on this part. It’s convenient to think that you only have to make your comparison on just one website, but no website compares all of the different insurance companies operating in Iowa. If you want to make certain that you are getting the cheapest possible automobile insurance online in Iowa, you’ll need to take the time to make your comparisons on at least 3 different websites.