Are you irritated from wondering where the money will come from to keep your car insured? You’re in the same situation as many other vehicle owners.
There are many car insurance companies to pick from, and even though it’s nice to have a choice, so many choices can make it hard to compare rates.
Auto insurance companies do not list every policy discount very well, so the following list contains both the well known and the harder-to-find credits available to lower your premiums when you buy car insurance online.
A quick disclaimer, some credits don’t apply to the entire cost. Most cut the cost of specific coverages such as liability and collision coverage. Despite the fact that it seems like it’s possible to get free car insurance, it doesn’t quite work that way.
A list of insurance companies and a selection of discounts are shown below.
Double check with each company what discounts are available to you. Some discounts may not apply everywhere. If you would like to view insurance companies with discount rates, follow this link.
Multiple criteria are taken into consideration when quoting car insurance. Most are fairly basic such as traffic violations, although some other factors are less apparent like where you live and annual miles driven.
When it comes to buying proper insurance coverage for your vehicles, there really is no single plan that fits everyone. Everyone’s needs are different so your insurance should reflect that These are some specific questions may help you determine if your insurance needs would benefit from an agent’s advice.
If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.
Well-known insurance companies like Progressive, Geico, Allstate and State Farm consistently run ads in print and on television. All the ads convey the message that people will save just by switching your policy. How do they all say the same thing? Here is how they do it.
All companies have a preferred profile for the type of driver that will most likely be profitable. One example of a desirable risk could possibly be over the age of 50, has no driving citations, and drives less than 5,000 miles a year. Any driver who fits those characteristics will get low rates and will also cut their rates substantially.
Consumers who do not fit those criteria will probably be forced to pay higher prices and the customer not purchasing. The wording the ads use say “people who switch” not “everyone that quotes” save the amount stated. That’s why insurance companies can confidently claim big savings. This really drives home the point why you absolutely need to do a quote comparison often. It is just not possible to predict with any certainty which company will have the best rates for your profile.
Learning about specific coverages of your insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are typical coverage types found on the average insurance policy.
Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like dental work, chiropractic care, funeral costs, surgery and EMT expenses. They are utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay
Uninsured/Underinsured Motorist coverage – This provides protection when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.
Comprehensive coverage – Comprehensive insurance pays to fix your vehicle from 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 can pay for claims like rock chips in glass, theft and a broken windshield. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Collision – Collision insurance pays for damage to your RL resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things such as colliding with another moving vehicle, hitting a parking meter and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.
Liability auto insurance – Liability coverage can cover damage or injury you incur to people or other property. This coverage protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.
Liability can pay for things like court costs, legal defense fees and attorney fees. How much coverage you buy is a personal decision, but consider buying as much as you can afford.
As you shop your coverage around, you should never skimp on coverage in order to save money. There have been many cases where someone sacrificed liability coverage limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage at the best possible price while not skimping on critical coverages.
Lower-priced insurance coverage can be sourced online and from local agencies, so you need to quote car insurance with both in order to have the best price selection to choose from. There are still a few companies who may not offer the ability to get a quote online and usually these smaller providers work with independent agencies.
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