Want lower insurance coverage rates for your Chevrolet Corsica? Wish you could get a refund on overpriced insurance coverage? Don’t feel bad because there are many people just like you.
With people having so many different company options, it’s difficult to locate a lower cost insurer.
Auto insurance is neither fun to buy or cheap, but discounts can save money and there are some available that many people don’t even know exist. Certain discounts will be triggered automatically when you quote, but occassionally some discounts must be specially asked for prior to receiving the credit.
A little disclaimer on discounts, most discount credits are not given to the entire policy premium. Some only reduce individual premiums such as comp or med pay. Despite the appearance that having all the discounts means you get insurance for free, companies don’t profit that way.
Companies that may offer most of these discounts may include but are not limited to:
Before buying, ask every company how you can save money. All car insurance discounts might not be offered in your state. To find providers who offer discounts, click this link.
When choosing proper insurance coverage, there is no “best” method to buy coverage. Every insured’s situation is different and your policy should reflect that. Here are some questions about coverages that can help discover if your insurance needs would benefit from professional advice.
If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area.
Popular car insurance providers such as 21st Century, Allstate and State Farm constantly bombard you with television and radio advertisements. They all seem to advertise the message that you can save if you get a free car insurance quote and switch to their company. That’s great but how can every company offer drivers better rates?
Car insurance companies have an ideal profile for the type of customer that earns them a profit. For instance, a preferred risk could possibly be between the ages of 30 and 45, has never had a policy lapse, and insures a new vehicle. Anybody that matches those criteria will get the preferred premium rates and will probably pay quite a bit less when switching companies.
Insureds who don’t measure up to these stringent criteria will get a higher rate with the end result being the customer not purchasing. If you listen closely, the ads state “customers who switch” but not “all drivers who get quotes” save that much when switching. That’s the way insurance companies can lure you into getting a quote.
Because of this risk profiling, you really need to compare many company’s prices. It is impossible to predict the company that will fit your personal profile best.
Having a good grasp of a insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Listed below are the normal coverages found on most insurance policies.
Comprehensive insurance – Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as fire damage, theft, falling objects and a broken windshield. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Collision coverages – This coverage will pay to fix damage to your Corsica resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims such as driving through your garage door, colliding with a tree, backing into a parked car, damaging your car on a curb and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.
Auto liability insurance – Liability insurance protects you from damage or injury you incur to a person or their property by causing an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability insurance covers things like repair costs for stationary objects, court costs and medical expenses. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.
Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for short-term medical expenses for things like surgery, funeral costs and X-ray expenses. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. They cover you and your occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
As you restructure your insurance plan, you should never buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your goal is to buy the best coverage you can find at the best price and still be able to protect your assets.
Cheaper 1994 Chevy Corsica insurance is available online as well as from independent agents, so you need to quote car insurance with both to have the best chance of lowering rates. Some insurance companies may not have online price quotes and many times these smaller providers only sell through local independent agencies.
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