Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us, you are not the only one feeling buyer’s remorse.
Consumers have many insurance companies to pick from, and though it is a good thing to have multiple companies, lots of choices makes it harder to compare rates and find the lowest cost auto insurance.
Discounts are available to cut your rates
Companies offering auto insurance don’t always list every available discount very well, so we researched both the well known and also the lesser-known auto insurance savings.
- Save over 55 – If you’re over the age of 55, you may receive reduced rates on LR2 insurance.
- New Vehicle Savings – Adding a new car to your policy can cost up to 25% less due to better safety requirements for new cars.
- Multi-policy Discount – If you insure your home and vehicles with the same company you may save up to 20% off your total premium.
- Driver’s Ed – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in high school.
- Driver Safety – Completing a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
- Payment Method – If paying your policy premium upfront instead of paying each month you could save up to 5%.
- Braking Control Discount – Anti-lock brake equipped vehicles are safer to drive and therefore earn up to a 10% discount.
- Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
It’s important to note that most credits do not apply to the entire policy premium. Most only apply to specific coverage prices like liability and collision coverage. So when the math indicates all the discounts add up to a free policy, companies wouldn’t make money that way.
To choose companies who offer auto insurance discounts, click this link.
Comprehensive Auto Insurance Comparison Quotes
There are a lot of ways to compare auto insurance prices but there is one way that is less time-consuming than others. You could spend your day driving to agents in your area, or you can stay home and use online quotes to get pricing more quickly.
Many insurance companies participate in an industry program where prospective buyers submit their information once, and each company can give them a price based on the submitted data. This prevents consumers from doing repetitive form submissions to every company.
To compare rates using this form now click here (opens in new window).
The single downside to pricing coverage this way is buyers cannot specifically choose the insurers you want pricing from. So if you want to choose specific insurance companies to compare prices, we have a listing of low cost auto insurance companies in your area. Click to view list.
Whichever method you choose, double check that you are using identical quote information for each comparison quote. If you use mixed coverages you will not be able to determine the best price for your Land Rover LR2. Having just a slight variation in insurance coverages can make a big difference in price. And when quoting auto insurance, remember that having more price comparisons helps you find the best rates.
Final considerations
As you shop your coverage around, it’s a bad idea to buy poor coverage just to save money. Too many times, consumers will sacrifice liability limits or collision coverage to discover at claim time that the small savings ended up costing them much more. Your goal should be to purchase plenty of coverage at the best price while not skimping on critical coverages.
In this article, we presented many ways to shop for Land Rover LR2 insurance online. It’s most important to understand that the more times you quote, the better likelihood of reducing your rate. You may even find the biggest savings come from a lesser-known regional company. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate or State Farm.
