Feel like you have overpriced insurance? Trust us when we tell you many drivers feel the same as you.
Consumers have many auto insurance companies to purchase coverage from, and even though it’s nice to be able to choose, lots of choices makes it harder to find the best rates.
Many things are used in the calculation when quoting car insurance. Some factors are common sense such as your driving record, but other factors are more transparent like your continuous coverage or your commute time.
The cost of insuring your cars can be expensive, but you might already qualify for some discounts that many people don’t even know exist. Some discounts will apply when you purchase, but occassionally some discounts must be manually applied before they will apply.
Drivers should understand that most discount credits are not given the the whole policy. Some only reduce individual premiums such as comprehensive or collision. Just because you may think you can get free auto insurance, auto insurance companies aren’t that generous.
Large auto insurance companies and their possible discounts include:
Check with every prospective company which discounts they offer. Depending on the company, some discounts may not apply to policyholders in your state. To view insurance companies who offer discounts, click here to view.
Allstate and Progressive constantly bombard you with ads on TV and radio. They all seem to state the claim of big savings just by switching your auto insurance policy to them. How is it plausible that every one can lower your premium rates? It’s all in the wording.
Many companies quote their cheapest rates for the type of driver that earns them the most money. An example of a desirable insured could possibly be over the age of 50, has other policies, and has excellent credit. Anyone who matches those parameters will probably get the lowest car insurance rates and is almost guaranteed to save a lot of money.
Drivers who are not a match for these criteria may be forced to pay higher premium rates which results in the customer not buying. The wording the ads use say “customers that switch” not “everyone who quotes” save money. That’s the way insurance companies can confidently advertise the way they do. This really emphasizes why you should compare quotes as often as possible. It is just not possible to predict with any certainty which company will provide the lowest car insurance rates.
When choosing proper insurance coverage, there is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. For instance, these questions could help you determine if your insurance needs might need an agent’s assistance.
If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.
Understanding the coverages of your insurance policy aids in choosing the right coverages for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages offered by insurance companies.
Collision coverage – Collision insurance will pay to fix damage to your Safari from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims such as driving through your garage door, sideswiping another vehicle and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible to bring the cost down.
Liability car insurance – Liability coverage protects you from injuries or damage you cause to people or other property in an accident. It protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.
Liability coverage protects against claims such as court costs, legal defense fees and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Comprehensive auto coverage – This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims such as hitting a bird, theft, a tree branch falling on your vehicle and fire damage. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like chiropractic care, EMT expenses, prosthetic devices and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Throughout this article, we presented a lot of information how to compare 1994 GMC Safari insurance car insurance rates online. The key concept to understand is the more price quotes you have, the higher your chance of finding cheaper insurance. You may even discover the lowest priced insurance comes from the least-expected company. These smaller insurers often have lower premium rates on specific markets than their larger competitors like Progressive or Geico.
Lower-priced insurance can be purchased on the web and from local agencies, so you need to shop insurance with both to have the best selection. There are still a few companies who may not have the ability to get a quote online and many times these smaller companies provide coverage only through local independent agencies.
Even more information is available at these sites: