Nobody fancies paying their premiums for car insurance, especially knowing they are paying too much. Many insurers compete for your insurance dollar, and because of this it can be hard to compare insurers and get the best coverage at the best rate
Finding a better price on car insurance isn’t really that difficult. Just spend a few minutes on the computer comparing free auto insurance quotes from some recommended companies. It’s super easy and can be done in a couple of different ways.
The simplest way consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This style of form eliminates the need for repetitive form entry for each company you want a rate for. One simple form gets insurance cost estimates from several companies.
A harder way to obtain and compare quotes online consists of going to each individual company website and complete a new quote form. For instance, we’ll assume you need rates from Nationwide, Progressive and Farmers. To do that, you would have to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular. To view a list of companies in your area, click here.
You can choose any of those ways to find more affodable coverage, but try to keep apples-to-apples coverages and limits on every price quote you get. If you are comparing different data you will not be able to determine which company has the best rates.
Properly insuring your vehicles can get expensive, but you might be missing out on some discounts that can dramatically reduce your bill. Many of these discounts will be applied automatically at quote time, but some must be asked for before you will receive the discount.
You can save money using discounts, but most discount credits are not given to the entire cost. Most cut the cost of specific coverages such as liability and collision coverage. Even though it appears adding up those discounts means a free policy, it’s just not the way it works.
A partial list of companies that may offer policyholders some of the above discounts are:
If you want low cost auto insurance quotes, ask each company or agent what discounts are available to you. All car insurance discounts might not be available to policyholders in your area. If you would like to choose from a list of insurance companies that offer discounts, click here.
A large part of saving on car insurance is knowing some of the factors that come into play when calculating the price you pay for car insurance. When you know what positively or negatively influences your rates, this enables you to make decisions that could result in lower rates.
Listed below are some of the things that factor into your prices.
When choosing the right insurance coverage for your personal vehicles, there is no single plan that fits everyone. Each situation is unique so your insurance needs to address that. For example, these questions can help discover whether your personal situation could use an agent’s help.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.
Consumers constantly see and hear ads for auto insurance savings by companies like State Farm, Geico and Progressive. They all seem to seem to make the promise about savings if you get a free auto insurance quote and switch your coverage.
But how can every company charge lower premium rates?
All companies give the cheapest rates for the type of customer that makes them money. For example, this type of driver could possibly be over the age of 50, has a low-risk occupation, and chooses high deductibles. Any customer that fits those parameters will probably get cheap premium rates and as a result will probably cut their rates substantially.
Potential insureds who fall outside those standards may be required to pay more expensive rates and this results in the prospect going elsewhere. The ads state “customers that switch” not “everyone that quotes” can save as much as they claim. That’s the way companies can truthfully make it sound like they have such great prices.
Because each company has a different risk profile, you really should get price quotes at each policy renewal. Because you cannot predict which insurance companies will have the best premium rates at this point in time.
Having a good grasp of your policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on most car insurance policies.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like funeral costs, dental work, pain medications and surgery. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay
Comprehensive car insurance
Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against claims like damage from a tornado or hurricane, falling objects, fire damage and a broken windshield. The most a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision coverage protection
This pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision can pay for things such as colliding with another moving vehicle, rolling your car, colliding with a tree and damaging your car on a curb. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also choose a higher deductible to bring the cost down.
Liability auto insurance
This can cover injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as pain and suffering, loss of income and attorney fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.
Coverage for uninsured or underinsured drivers
This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as damage to your Hyundai Accent.
Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these coverages do not exceed the liability coverage limits.
When trying to cut insurance costs, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where consumers will sacrifice physical damage coverage to discover at claim time that the savings was not a smart move. The ultimate goal is to get the best coverage possible at the lowest possible cost, but don’t skip important coverages to save money.
Cost effective 1999 Hyundai Accent insurance is available from both online companies and from local insurance agents, so get free auto insurance quotes from both of them in order to have the best chance of saving money. Some car insurance companies may not offer online price quotes and most of the time these regional carriers only sell through independent agencies.
We just presented some good ideas how to get a better price on 1999 Hyundai Accent insurance. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may be surprised to find that the lowest prices are with a company that doesn’t do a lot of advertising. Some small companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm and Allstate.
More detailed car insurance information is available in these articles: