Are you burned out from sacrificing other expenses to buy insurance coverage? Your situation is no different than many other drivers. People have many car insurance companies to purchase coverage from, and although it’s nice to have multiple companies, more choices can make it harder to find the lowest cost provider.
Some companies don’t list every discount they offer in a way that’s easy to find, so the next list breaks down some of the best known in addition to some of the lesser obvious savings tricks you should be using when you buy car insurance online. If you do not check that you are getting every discount available, you are paying more than you should be.
Discounts save money, but please remember that some credits don’t apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So even though you would think adding up those discounts means a free policy, that’s just not realistic.
Larger car insurance companies and a partial list of their discounts are shown below.
Double check with every insurance company to give you their best rates. Savings might not be offered in your area. To choose car insurance companies with the best discounts, click here.
When choosing coverage, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that might help in determining if your situation would benefit from an agent’s advice.
If you’re not sure about those questions then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.
Learning about specific coverages of your policy aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages offered by car insurance companies.
Collision coverage – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for things such as colliding with another moving vehicle, colliding with a tree, hitting a mailbox, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Volkswagen GTI.
Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for expenses like nursing services, chiropractic care, X-ray expenses and pain medications. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
Auto liability – This coverage protects you from damage or injury you incur to people or other property in an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage pays for things such as legal defense fees, pain and suffering, medical services, loss of income and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.
Comprehensive auto coverage – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as hail damage, a tree branch falling on your vehicle and hitting a deer. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
As you quote car insurance, you should never buy less coverage just to save a little money. In too many instances, an insured dropped comprehensive coverage or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy the best coverage you can find at a price you can afford, but don’t skip important coverages to save money.
Cheap 1991 Volkswagen GTI insurance is definitely available online as well as from insurance agents, so get free car insurance quotes from both of them so you have a total pricing picture. Some insurance providers do not provide the ability to get a quote online and usually these smaller providers only sell coverage through independent insurance agencies.