Did you make the mistake of buying an expensive car insurance policy? Believe me, many drivers have buyer’s remorse.
People have so many insurance companies to insure vehicles with, and though it is a good thing to have a choice, so many choices can make it hard to locate the cheapest rates.
It’s smart to check car insurance prices yearly since insurance prices fluctuate regularly. If you had the best deal for Stealth insurance at your last renewal you may be paying too much now. Forget anything you know (or think you know) about car insurance because you’re about to learn the right way to save money, get proper coverage and the best rates.
Shopping for lower insurance rates can be a lot of work if you don’t know the fastest way to get free quotes. You could waste time driving to agents in your area, or you can utilize the internet to get prices fast.
Many insurance companies are enrolled in a marketplace that allows shoppers to submit their information once, and every company returns a competitive quote determined by their information. This eliminates the need for quote requests to each individual insurance company.
To compare pricing click to open in new window.
The only drawback to using this type of form is you don’t know exactly which companies you want to price. If you would rather choose from a list of companies to request quotes from, we put together a list of low cost insurance companies in your area. Click here to view list.
You can use whichever method you prefer to find lower rates, just make sure you use the same coverage limits for every company. If you use different data you can’t possibly make a fair rate comparison. Quoting even small variations in insurance coverages or limits can result in a big premium difference. And when quoting insurance, remember that more quotes helps increase your odds of locating better pricing. Not every company does rate quotes online, so you need to compare rates from the smaller companies as well.
Car insurance is neither fun to buy or cheap, but there could be available discounts that can dramatically reduce your bill. Many of these discounts will be applied automatically when you purchase, but some must be specifically requested prior to getting the savings.
You should keep in mind that most discounts do not apply to your bottom line cost. Most cut the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, it just doesn’t work that way.
A list of companies and their possible discounts are shown below.
Double check with each insurance company to give you their best rates. A few discounts might not apply in your area.
When choosing the right insurance coverage for your vehicles, there really is no cookie cutter policy. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions might point out whether your personal situation might need an agent’s assistance.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Learning about specific coverages of your policy can be of help when determining which coverages you need and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from insurance companies.
Liability car insurance
Liability insurance can cover damage or injury you incur to people or other property that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.
Liability can pay for things such as funeral expenses, court costs and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.
Collision protection
Collision coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for things like hitting a mailbox, scraping a guard rail, crashing into a ditch, sustaining damage from a pot hole and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.
Uninsured and underinsured coverage
This protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as damage to your Dodge Stealth.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Coverage for medical payments
Coverage for medical payments and/or PIP provide coverage for immediate expenses for rehabilitation expenses, chiropractic care, doctor visits and hospital visits. They can be used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Comprehensive coverages
This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things such as falling objects, damage from flooding, hitting a bird and rock chips in glass. The maximum amount 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.
You just read a lot of information how to reduce 1993 Dodge Stealth insurance rates online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding cheaper insurance coverage. You may even discover the lowest rates are with a lesser-known regional company. Regional companies often have lower car insurance rates on specific markets as compared to the big name companies such as Progressive or Geico.
When you buy insurance coverage online, do not buy lower coverage limits just to save a few bucks. There have been many cases where an insured cut comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. The goal is to find the BEST coverage at the lowest possible cost, but do not sacrifice coverage to save money.
Additional detailed information can be found at these sites: