Looking for better insurance coverage rates for your Buick Regal? Having to pay for overpriced insurance coverage can overdraw your savings account and put a big crunch on your finances. Price shopping at each renewal is a fast and free way to lower your monthly bill.
Online insurance companies like State Farm, Farmers Insurance, Geico and Allstate increase brand awareness with ads and it can be hard to see through the cute green geckos and mayhem and take the time to shop coverage around.
It is always a good idea to price shop coverage quite often because insurance coverage prices are rarely the same from one policy term to another. Just because you had the best deal for Regal insurance six months ago you can probably find a lower rate today. Forget all the misinformation about insurance coverage because you’re about to learn the proper way to find better rates and still maintain coverage.
If you are insured now or need a new policy, you can use these techniques to find the best rates and possibly find even better coverage. Finding the best rates is quite easy. Consumers only need to know how to buy car insurance online.
An important part of buying insurance is that you know the factors that aid in calculating your premiums. When you know what positively or negatively positively or negatively impacts your premiums, this enables you to make decisions that may result in lower rates.
The items below are a few of the things utilized by car insurance companies to help set rates.
Buying insurance is not cheap, but there could be available discounts that may help make it more affordable. A few discounts will be applied at the time of purchase, but a few must be specifically requested before being credited.
Please keep in mind that some credits don’t apply to your bottom line cost. Most only apply to individual premiums such as comprehensive or collision. Even though the math looks like all those discounts means the company will pay you, that’s just not realistic.
Companies and some of their more popular discounts can be read below.
Before you buy a policy, ask all companies you are considering to give you their best rates. Some discounts might not be available to policyholders in your area.
When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. For example, these questions can help discover if your insurance needs would benefit from professional advice.
If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and may give you better protection.
Learning about specific coverages of a car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages found on most car insurance policies.
Comprehensive coverage
Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as hail damage, a broken windshield, theft and damage from a tornado or hurricane. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Uninsured/Underinsured Motorist coverage
This provides protection when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your 1998 Buick Regal.
Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP kick in for immediate expenses like X-ray expenses, funeral costs, pain medications and dental work. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
Collision protection
Collision insurance will pay to fix damage to your Regal from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims such as driving through your garage door, backing into a parked car and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.
Liability car insurance
This coverage will cover damage that occurs to other people or property. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.
Liability can pay for things like pain and suffering, funeral expenses and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.
When buying insurance coverage, it’s not a good idea to buy less coverage just to save a little money. There have been many cases where an insured dropped full coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy the best coverage you can find for the lowest cost, but do not sacrifice coverage to save money.
We just covered a lot of ways to lower your 1998 Buick Regal insurance rates. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding cheap auto insurance. You may be surprised to find that the biggest savings come from a lesser-known regional company. They may have significantly lower car insurance rates on certain market segments than their larger competitors like State Farm and Allstate.
Much more information about auto insurance is available at the links below