I really doubt anyone anticipates paying for car insurance, especially when their premiums are through the roof. Drivers have multiple insurance companies to pick from, and even though it’s nice to have a selection, so many choices can make it hard to find a good deal.
Companies don’t always publicize every possible discount very clearly, so we break down some of the best known in addition to some of the lesser obvious ways to save on insurance.
As a footnote on discounts, most credits do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, it’s just not the way it works.
Insurance companies that may offer quotes with some of the above discounts include:
Before purchasing a policy, check with each insurance company which credits you are entitled to. A few discounts may not apply to policies in your state. If you would like to see a list of insurance companies with significant discounts, follow this link.
Most of the larger companies such as 21st Century, Allstate and State Farm make it easy to get pricing on their websites. Doing online quotes is pretty painless as you just enter your personal and coverage information into a form. After the form is submitted, their rating system collects your driving record and credit report and returns a price based on the information you submitted. Online price estimates makes it simple to compare prices but having to visit many different websites and type in the same data is a big time waster. But it’s necessary to perform this step in order to get a lower rate.
A less time-consuming method to locate the lowest prices makes use of a single form that gets prices from several different companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online price comparison much more enjoyable and efficient. After sending your information, it is rated and you can select any or none of the quote results. If one or more price quotes are lower than your current rates, you simply finish the application and purchase the new policy. It can be completed in a matter of minutes and may save quite a bit of money.
To save time and compare pricing, click here and enter your vehicle and coverage information. If you have a policy now, it’s recommended you duplicate the coverages as close as possible to your current policy. This makes sure you will be getting a rate comparison for the exact same coverage.
When it comes to choosing adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions may help you determine if you would benefit from professional advice.
If you don’t know the answers to these questions, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, free and can help protect your family.
Understanding the coverages of your insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverage types offered by insurance companies.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as damage to your 2010 Nissan Versa.
Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.
Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for expenses for things like pain medications, chiropractic care, prosthetic devices and X-ray expenses. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover you and your occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Comprehensive auto coverage – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against things such as fire damage, hail damage and hitting a bird. The most a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Liability coverage – Liability insurance will cover damage or injury you incur to people or other property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see 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 a limit of $50,000 paid for damaged property.
Liability coverage pays for things such as legal defense fees, attorney fees, pain and suffering and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Collision coverages – This coverage covers damage to your Versa caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as hitting a mailbox, colliding with another moving vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.
In this article, we covered some good ideas how you can compare 2010 Nissan Versa insurance prices online. The key concept to understand is the more you quote auto insurance, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from some of the smallest insurance companies. Smaller companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm and Allstate.
As you restructure your insurance plan, make sure you don’t buy less coverage just to save a little money. There are a lot of situations where drivers have reduced full coverage and learned later that the small savings ended up costing them much more. The goal is to buy enough coverage at the lowest possible cost, not the least amount of coverage.
To learn more, link through to these articles: