Comparison shopping for cheaper Land Rover LR4 insurance in St. Louis can seem to be a challenge for drivers who are beginners to quoting coverage prices online. Because there are so many insurers available, it can be a burden to find the best price in Missouri on Land Rover LR4 insurance.
It's hard to fathom, but nearly 70% of customers have been with the same company for at least four years, and nearly the majority have never compared rates to find cheap insurance. Consumers in St. Louis can save approximately 25% each year, but they think it's difficult to save money by comparing rate quotes.
Smart consumers take time to check auto insurance prices every six months because insurance prices tend to go up over time. Even if you think you had the best deal on Land Rover LR4 insurance in St. Louis at your last renewal there may be better deals available now. Forget anything you know (or think you know) about auto insurance because we're going to demonstrate the proper way to properly buy coverages while reducing your premium.
If you are insured now, you will surely be able to reduce premiums using this strategy. Comparison shopping for the lowest cost insurance in St. Louis is not as difficult as people think. But Missouri drivers must learn how insurance companies calculate your policy premium and use it to your advantage.
Reduce Insurance Rates with These Tips
Consumers need to have an understanding of some of the elements that are used to determine the price you pay for car insurance. If you have some idea of what positively or negatively impacts your premiums, this helps enable you to make changes that could help you find lower car insurance prices. Many factors are part of the calculation when you get your auto insurance bill. Some factors are common sense such as traffic violations, although some other factors are not as apparent such as your marital status or how financially stable you are.
The items below are some of the things utilized by car insurance companies to help set rates.
Accidents hurt - Good drivers receive lower rates than their less careful counterparts. Even one driving citation can boost insurance rates to the point where it's not affordable. People who have dangerous violations such as DUI, reckless driving or excessive speeding are required to prove financial responsibility with their state motor vehicle department in order to keep their license.
Getting married can lower premiums - Getting married actually saves money on your car insurance policy. Having a spouse generally demonstrates drivers are more mature it has been statistically shown that drivers who are married are more cautious.
High deductibles equal low rates - Physical damage insurance, termed comprehensive and collision coverage on your policy, insures against damage to your Land Rover. Examples of covered claims are collision with another vehicle, damage caused by hail, and burglary. Physical damage deductibles are the amount of money you are required to spend out-of-pocket if a covered claim is submitted. The more expense you are required to pay out-of-pocket, the better rate you will receive.
Your gender affects premiums - Over the last 30 years, statistics show that females tend to be a little less risky than males. However, don't assume that women are BETTER drivers than men. They both cause auto accidents at about the same rate, but males tend to have more serious accidents. They also get cited for more serious violations like driving under the influence (DUI). Male teenagers are most likely to cause an accident and are penalized with high car insurance rates.
Age of drivers impacts rates - Beginning drivers in Missouri have been known to be inattentive and easily distracted when driving with friends and because of this, their car insurance rates are much higher. Older insureds are more responsible, cost insurance companies less in claims, and get fewer tickets.
Maintain car insurance coverage - Driving any period of time without insurance is against the law and you may have a hard time finding new coverage because you let your insurance coverage expire. And not only will insurance be more expensive, the inability to provide proof of insurance will get you a steep fine or even jail time.
Claims statistics for a Land Rover LR4 - Auto insurance companies use claims history as a way to help calculate a profitable premium price. Vehicles that the statistics show to have higher losses will have higher premium rates.
The table below illustrates the actual insurance loss data for Land Rover LR4 vehicles. For each type of coverage, the loss probability for all vehicles, regardless of make, model or trim level, is equal to 100. Percentages below 100 indicate better than average losses, while values that are above 100 point to more losses or tendency to have larger claims.
Insurance Loss Ratings for Land Rover LR4 Vehicles
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Land Rover LR4 4dr 4WD||87||105||134||47|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
How to buy St. Louis Land Rover LR4 insurance online
Many insurance companies allow consumers to get coverage price quotes direct online. Comparing Land Rover LR4 insurance rates online is very simple as you simply enter your coverage preferences into the form. Once entered, their system pulls credit information and your driving record and generates pricing information based on the data you entered.
This streamlines rate comparisons, and it is imperative to have as many quotes as possible in order to get a better rate.
If you want to find out how much you're overpaying now, compare rates now from the companies shown below. If you currently have coverage, we recommend you duplicate deductibles and limits identical to your current policy. This guarantees you're receiving a price comparison for similar insurance coverage.
The providers in the list below offer free rate quotes in St. Louis, MO. If more than one company is shown, we recommend you compare several of them to find the lowest car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|LR4 HSE Plus||$286||$532||$266||$16||$80||$1,180||$98|
|Get Your Own Custom Quote Go|
Prices above based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Table data does not factor in zip code location which can raise or lower auto insurance rates noticeably.
Rate comparison of full coverage and liability-only
The example below illustrates the comparison of Land Rover LR4 car insurance costs with full physical damage coverage and with liability coverage only. The premiums are based on no accidents, no driving violations, $500 deductibles, single male driver, and no discounts are taken into consideration.
Are you wasting money paying for full coverage?
There is no set rule that works best for making the decision to drop full coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the settlement you would receive from your company, then it could be time to drop full coverage.
For example, let's say your Land Rover LR4 book value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $3,000 after the deductible is paid. If you are paying over $300 annually for physical damage coverage, then it's probably a good time to buy liability coverage only.
There are some cases where removing full coverage is not advised. If you still have a loan on your vehicle, you are required to maintain full coverage to protect the lienholder's interest. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.
Auto insurance cost for men versus women
The illustration below visualizes the comparison of Land Rover LR4 car insurance costs for male and female drivers. The data is based on no claims or driving violations, comp and collision included, $100 deductibles, marital status is single, and no discounts are applied to the premium.
Drivers who switch save $470 a year? Really?
Car insurance providers like Progressive, GEICO, Allstate and State Farm seem to constantly run television and radio advertisements. They all seem to make the promise that you can save just by moving to their company. How do they all offer you a better deal on Land Rover LR4 insurance in St. Louis? This is the way they can do it.
All companies quote their best rates for the driver that will add to their bottom line. One example of a profitable insured should be between 30 and 50, has no tickets, and drives newer vehicles. A driver who meets those qualifications may get the lowest rates in St. Louis and have a good chance to save a lot of money.
Potential insureds who are not a match for these stringent criteria must pay higher premiums which usually ends up with the prospect going elsewhere. Company advertisements say "drivers who switch" not "all people who quote" will save that much if they switch. That's the way insurance companies can confidently make claims like that. Because of these techniques, you absolutely need to compare price quotes frequently. Because you cannot predict the company that will have the lowest Land Rover LR4 insurance in St. Louis.
Buying the right LR4 insurance in Missouri is an important decision
Despite the high cost of buying insurance for a Land Rover LR4 in St. Louis, paying for auto insurance is required in Missouri but also provides important benefits.
- Almost all states have mandatory liability insurance requirements which means you are required to buy a specific minimum amount of liability protection in order to license the vehicle. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your LR4 has a lienholder, almost all lenders will stipulate that you have insurance to guarantee loan repayment. If the policy lapses, the bank or lender will purchase a policy for your Land Rover at an extremely high rate and require you to fork over a much higher amount than you were paying before.
- Auto insurance protects both your vehicle and your assets. It will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, your policy will cover the damage repairs after a deductible is paid.
The benefits of buying auto insurance are without a doubt worth the cost, especially when you need to use it. The average driver in Missouri overpays as much as $800 each year so shop around at least once a year to be sure current rates are still competitive.
Verify you're applying every discount
Some insurers don't always list their entire list of discounts in a way that's easy to find, so the list below details both the well known and also the lesser-known credits available to you.
- ABS Braking Discount - Cars, trucks, and SUVs with ABS and/or traction control can reduce accidents so companies give up to a 10% discount.
- Defensive Driver - Successfully completing a driver safety course could cut 5% off your bill and also improve your driving technique.
- Homeowners Savings - Owning a house in St. Louis can save a few bucks because of the fact that having a home is proof of financial responsibility.
- Discounts for Cautious Drivers - Drivers who avoid accidents may save up to 50% more as compared to drivers with claims.
- Professional Organizations - Being in qualifying clubs or civic groups could trigger savings on your bill.
- Distant College Student Discount - Any of your kids who are attending college and do not have access to a covered vehicle may be able to be covered for less.
- Seat Belt Discounts - Drivers who always wear seat belts and also require passengers to use a seat belt may be able to save a few bucks off the medical payments premium.
- Discount for Life Insurance - Larger insurance carriers have better rates if you take out life insurance from them.
- Military Deployment Discount - Having an actively deployed family member could qualify you for better prices.
- Accident Forgiveness Coverage - Not a discount per se, but a handful of insurance companies will turn a blind eye to one accident without getting socked with a rate hike if you have no claims for a set time period.
Please keep in mind that some of the credits will not apply to your bottom line cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, companies wouldn't make money that way. But all discounts should definitely cut your insurance premiums.
To see a list of insurers with the best Land Rover LR4 insurance discounts in St. Louis in St. Louis, click here to view.
Insurance quotes from neighborhood St. Louis auto insurance agents
Some consumers still like to talk to a local agent and that can be a smart move One of the great benefits of comparing insurance online is you can get the lowest rates but still work with a licensed agent.
To find an agent, once you fill out this quick form, your insurance coverage information is sent to companies in St. Louis that provide free St. Louis auto insurance quotes for your coverage. There is no need to search for an agent because prices are sent to the email address you provide. You'll get the best rates without a big time investment. If you need to get a price quote from a specific insurance provider, you just need to navigate to their website and submit a quote form there.
Picking the best insurance company requires more thought than just a cheap price quote. These questions are important to ask:
- Does the company have a solid financial rating?
- Which family members are covered?
- Do they have a Better Business Bureau rating in St. Louis?
- Are they able to provide referrals?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Is the agency covered by Errors and Omissions coverage?
- Are they full-time agents?
If you are wanting to find a reliable agent, there are two different agency structures and how they differ in how they quote coverages. Insurance agents in St. Louis can either be independent or exclusive.
These type of agents generally can only insure with one company and examples are Farmers Insurance or State Farm. They are unable to provide other company's prices so always compare other rates. Exclusive agents are usually well trained on what they offer and that enables them to sell even at higher rates. Some insured continue to buy from the same agent for years mainly due to the brand rather than having the cheapest rates.
The following are exclusive insurance agents in St. Louis that can give you price quote information.
- Allstate Insurance: Schaefer Agency Inc.
2315 Pine St # 103 - St. Louis, MO 63103 - (314) 652-2047 - View Map
- Wil Seyer - State Farm Insurance Agent
12122 Tesson Ferry Rd #203 - St. Louis, MO 63128 - (314) 472-7445 - View Map
- Evelyn Jamison State Farm??
519 N Taylor Ave - St. Louis, MO 63108 - (314) 361-3800 - View Map
Independent Insurance Agencies
Agents that elect to be independent are not employed by one company so they can quote policies through many different insurance companies depending on which coverage is best. If they find a lower price, the business is moved internally and you don't have to do anything. When shopping rates, you should always contact a few independent agents for maximum quote selection. Most also have access to small regional insurance companies that may have much lower rates than larger companies.
Listed below are independent insurance agencies in St. Louis willing to provide price quote information.
- Rea Insurance Agency
117 N Kirkwood Rd # 201 - St. Louis, MO 63122 - (314) 965-0501 - View Map
- Brader, Roger - Bittner Insurance
5408 Hampton Ave - St. Louis, MO 63109 - (314) 481-5600 - View Map
- Alexander Insurance Agency
821 Madison St - St Charles, MO 63301 - (636) 949-9525 - View Map
Smart consumers save more
In this article, we covered many ways to compare Land Rover LR4 insurance premium rates in St. Louis. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may even find the best premium rates are with some of the lesser-known companies.
When shopping online for car insurance, do not reduce needed coverages to save money. Too many times, consumers will sacrifice collision coverage and learned later that they should have had better coverage. The goal is to purchase a proper amount of coverage at the lowest possible cost.
Cheap Land Rover LR4 insurance in St. Louis is possible both online as well as from independent agents in St. Louis, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who don't offer online quoting and usually these regional carriers only sell coverage through independent agencies.
Even more information is located at these sites:
- Understanding Limits and Deductibles (Allstate)
- Who Has Affordable Auto Insurance Rates for Drivers Under 25 in Missouri? (FAQ)
- Who Has the Cheapest Auto Insurance for a 20 Year Old Female in Missouri? (FAQ)
- Who Has Affordable Missouri Car Insurance for Business Use? (FAQ)
- How Much is Auto Insurance for High Mileage Drivers in Missouri? (FAQ)
- Drunk Driving Statistics (Insurance Information Institute)
- Learn About Car Insurance (GEICO)
- Where can I buy Insurance? (Insurance Information Institute)