Are you burned out from robbing Peter to pay Paul to insure your Bentley every month? You have the same problem as millions of other consumers. Since you have so many choices, it can be challenging to locate the right company.
Part of the car insurance buying process is learning the factors that are used to determine your policy premiums. If you know what positively or negatively impacts your premiums, this empowers consumers to make smart changes that can earn you lower rates.
Not many people think insurance is cheap, but there are discounts available that can dramatically reduce your bill. Certain discounts will be triggered automatically when you purchase, but some need to be asked about prior to getting the savings. If you do not check that you are getting every discount you qualify for, you are not getting the best rate possible.
A little disclaimer on discounts, some of the credits will not apply to the entire policy premium. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates all those discounts means the company will pay you, you’re out of luck.
If you would like to choose from a list of insurance companies with discount insurance rates, follow this link.
When it comes to choosing the best insurance coverage coverage, there really is no one size fits all plan. Every situation is different so your insurance should reflect that Here are some questions about coverages that may help highlight if you would benefit from professional advice.
If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.
Understanding the coverages of insurance can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverages available from insurance companies.
Comprehensive protection
This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as damage from getting keyed, a tree branch falling on your vehicle and damage from flooding. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Liability
Liability insurance will cover injuries or damage you cause to other’s property or people. It protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.
Liability coverage protects against claims such as emergency aid, repair costs for stationary objects, pain and suffering and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.
Uninsured or underinsured coverage
This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as damage to your Bentley Continental GT.
Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.
Collision insurance
Collision insurance will pay to fix damage to your Continental GT caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as backing into a parked car, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.
Medical expense coverage
Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like X-ray expenses, chiropractic care, nursing services, rehabilitation expenses and hospital visits. They are used in conjunction with a health insurance program or if you do not have health coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage
We’ve covered some good ideas how to compare 2007 Bentley Continental GT insurance car insurance rates online. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. You may even find the lowest car insurance rates are with some of the smallest insurance companies. Smaller companies often have lower premium rates on specific markets than the large multi-state companies such as Progressive or Geico.
More affordable insurance can be sourced on the web in addition to local insurance agencies, so you need to quote car insurance with both to have the best rate selection. There are still a few companies who do not offer online rate quotes and most of the time these smaller providers only sell coverage through local independent agencies.
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