Being forced to pay for expensive insurance coverage premiums can take a big chunk out of your budget and make it tough to pay other bills. Drivers have so many insurers to insure vehicles with, and although it’s nice to have a choice, it makes it harder to adequately compare rates.
It’s a great practice to compare prices quite often because insurance prices change quite often. Even if you got the best rates on Boxster coverage a few years ago you may be paying too much now. You can find a lot of wrong information about insurance coverage online, but in a few minutes you can learn the best ways to save money.
There are multiple methods to compare car insurance prices but some are less labor-intensive and much quicker. You can waste a lot of time talking to insurance agencies in your area, or you can stay home and use the internet to maximize your effort.
Most car insurance companies belong to an insurance system that enables customers to enter their policy data once, and at least one company provides a quote for coverage. This prevents consumers from doing quotation requests for every car insurance company. To submit your quote information now, click here to open in new window.
The single downside to pricing coverage this way is that you can’t choose which companies you will receive quotes from. So if you prefer to pick individual companies to request quotes from, we have assembled a list of companies who write car insurance in your area. Click here for list of insurance companies.
It’s up to you which method you use, but be sure you’re using exactly the same quote information on every quote. If you have mixed coverages you will not be able to decipher which rate is best.
Companies that sell car insurance do not advertise every discount in an easy-to-find place, so below is a list some of the best known in addition to some of the lesser obvious discounts that you can inquire about if you buy insurance coverage online. If you check and find you aren’t receiving every discount you deserve, it’s possible you qualify for a lower rate.
Drivers should understand that most discount credits are not given to the entire cost. A few only apply to the cost of specific coverages such as comprehensive or collision. Just because you may think adding up those discounts means a free policy, that’s just not realistic. Any amount of discount will help reduce your policy cost.
Companies and a partial list of their discounts can be found below.
Before you buy a policy, ask each company which credits you are entitled to. All car insurance discounts might not be offered on policies in your area. To see insurance companies who offer free insurance coverage quotes, click here.
When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so your insurance should reflect that For instance, these questions may help highlight if your situation would benefit from an agent’s advice.
If you can’t answer these questions, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.
Knowing the specifics of your car insurance policy can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverage types offered by car insurance companies.
Liability coverages – This coverage can cover damages or injuries you inflict on other people or property. This insurance protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.
Liability insurance covers things like medical expenses, structural damage, emergency aid and legal defense fees. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.
Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Comprehensive coverage – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as hail damage, damage from flooding, rock chips in glass and a tree branch falling on your vehicle. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Collision coverage – Collision insurance pays for damage to your Boxster caused by collision 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 coverage pays for things like rolling your car, hitting a mailbox, crashing into a building, damaging your car on a curb and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like doctor visits, rehabilitation expenses, pain medications and funeral costs. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers you and your occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay
While you’re price shopping online, make sure you don’t sacrifice coverage to reduce premiums. There have been many cases where an insured dropped uninsured motorist or liability limits and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to find the BEST coverage at the best price, but do not skimp to save money.
Low-cost 2001 Porsche Boxster insurance is available online and also from your neighborhood agents, and you should compare rates from both to get a complete price analysis. Some insurance companies may not provide internet price quotes and these smaller companies work with independent agents.