Buying the most affordable car insurance online is intimidating for drivers who are new to buying insurance on the internet. Because there are so many insurers available, how are we expected to efficiently compare every company in order to find cheaper car insurance prices?
If you have car insurance now, you will be able to cut costs considerably using these tips. Finding cheaper insurance coverage coverage is quite easy. But drivers need to have an understanding of how the larger insurance companies price insurance differently and use this information to your advantage.
There are several ways of comparing rates from local insurance coverage companies. The fastest way to do a complete rate comparison is to use the internet to compare rates. It is quite easy and can be accomplished in just a few minutes using one of these methods.
To view a list of companies in your area, click here.
You can use whichever method you prefer to find lower rates, just double check that you are using equivalent deductibles and coverage limits with every price quote. If your comparisons have different liability limits it will be very difficult to make a fair comparison for your Saturn L-Series. Slightly different limits may cause a big price difference. It’s important to know that having more price comparisons helps increase your odds of locating a lower rate than you’re paying now.
Car insurance can cost a lot, but there could be significant discounts that could drop your premiums quite a bit. Many discounts should be triggered when you quote, but some need to be inquired about before they will apply.
As is typical with insurance, most of the big mark downs will not be given to the entire policy premium. Some only apply to the cost of specific coverages such as collision or personal injury protection. If you do the math and it seems like all the discounts add up to a free policy, it’s just not the way it works.
A few companies that may offer some of the discounts shown above include:
Before purchasing a policy, check with every insurance company how many discounts you can get. Some discounts listed above may not apply to policyholders in your area. To see a list of auto insurance companies that provide some of the discounts listed above, follow this link.
When it comes to buying adequate coverage, there is no cookie cutter policy. Everyone’s situation is unique.
For instance, these questions can aid in determining whether or not you might need professional guidance.
If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form.
Knowing the specifics of a car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.
Comprehensive (Other than Collision) – This coverage covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like a broken windshield, hitting a bird, damage from getting keyed and hitting a deer. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Saturn L-Series.
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. So UM/UIM coverage is very important.
Liability car insurance – This provides protection from damages or injuries you inflict on other people or property that is your fault. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.
Liability coverage protects against things like court costs, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford.
Collision – Collision coverage covers damage to your L-Series resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision coverage protects against things such as hitting a parking meter, backing into a parked car and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.
Medical expense insurance – Coverage for medical payments and/or PIP reimburse you for bills like X-ray expenses, EMT expenses, rehabilitation expenses and doctor visits. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage