Sick and tired of sacrificing to pay high auto insurance rates every month? Your situation is no different than most other people. Big-name insurance companies like Allstate, Progressive and Geico constantly blast consumers with TV and radio ads and it is challenging if not impossible to see past the corporate glitz and effectively compare rates to find the best deal.
It is always a good idea to do price comparisons once or twice a year because insurance prices are usually higher with each renewal. Just because you found the lowest price on S-10 Blazer insurance two years ago there may be better deals available now. Block out anything you think you know about auto insurance because I’m going to let you in on the secrets to the best methods to properly buy coverages while reducing your premium.
The method we recommend to compare car insurance company rates is to take advantage of the fact car insurance companies pay for the opportunity to give you rate quotes. To get started, all you need to do is spend a couple of minutes providing details like if a SR-22 is needed, the year, make and model of vehicles, what you do for a living, and driver details. That rating information is submitted instantly to insurance carriers in your area and you will get price comparisons within a short period of time.
Consumers can’t escape the ads that claim the cheapest premium rates from the likes of Allstate, Geico and Progressive. They all seem to try to convey promises that people will save if you change your coverage.
That’s great but how can every company give you a better price? This is the trick they use.
All the different companies have specific criteria for the right customer they prefer to insure. One example of a driver they prefer could possibly be a married female, has had continuous coverage, and has a high credit rating. Any driver who matches that profile will get the preferred prices and most likely will pay quite a bit less when switching companies.
Drivers who fall short of the requirements will be charged higher rates and the driver buying from a lower-cost company. If you pay close attention to the ads, they say “people who switch” not “everyone that quotes” save money. This is how companies can truthfully claim big savings. Because of these techniques, drivers must quote coverage with many companies. It is impossible to predict which insurance companies will give you the biggest savings.
Some insurers do not advertise every disount available very well, so here is a list a few of the more well known and also the lesser-known savings tricks you should be using when you buy auto insurance online.
As a disclaimer on discounts, many deductions do not apply to your bottom line cost. Most only apply to individual premiums such as liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts should help lower your premiums.
For a list of insurance coverage companies that offer some of these discounts, click this link.
When choosing the right insurance coverage for your vehicles, there really is no cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions can aid in determining whether you might need professional guidance.
If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can help protect your family.
Learning about specific coverages of your car insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages found on the average car insurance policy.
Auto liability – This coverage provides protection from damage that occurs to other people or property. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000.
Liability can pay for claims such as legal defense fees, repair costs for stationary objects and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.
Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.
Collision coverage – This coverage pays for damage to your S-10 Blazer resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for claims like colliding with a tree, sideswiping another vehicle and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as hail damage, theft, falling objects, damage from a tornado or hurricane and rock chips in glass. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Insurance for medical payments – Med pay and PIP coverage pay for short-term medical expenses such as rehabilitation expenses, nursing services and pain medications. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. They cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible
As you prepare to switch companies, you should never reduce coverage to reduce premium. There are many occasions where an insured dropped liability coverage limits to discover at claim time they didn’t purchase enough coverage. Your objective should be to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.
In this article, we covered a lot of techniques to compare 1998 Chevy S-10 Blazer insurance premium rates online. The most important thing to understand is the more times you quote, the better your chances of lowering your prices. You may even find the best premium rates are with a small local company. Smaller companies often have lower prices on specific markets than their larger competitors like Progressive and Geico.
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