Sick and tired of not being able to scrape enough together to make your car insurance payment? You’re in the same situation as most other consumers.
Companies like Geico and Progressive continually hit you with TV and radio ads and it is difficult to sift through the bull and find the best price available.
If you have car insurance now, you should be able to lower your premiums substantially using this strategy. Finding affordable coverage is quite easy. Nevertheless, consumers need to learn the methods companies use to market insurance on the web.
Most major insurance companies allow consumers to get insurance quotes direct online. Comparing prices online doesn’t take much effort as you just type in the coverage amounts you desire as detailed in the form. When the form is submitted, the company’s rating system makes automated requests for reports for credit and driving violations and generates pricing information. Being able to quote online makes it a lot easier to compare rates but the time it takes to visit a lot of sites and complete many quote forms can be a bit tiresome and repetitive. But it’s absolutely necessary to do this in order to get the best price on auto insurance.
There is a better way!
A better way to find better auto insurance pricing uses one simple form to return rates from a lot of companies. It saves time, eliminates repetitive work, and makes price shopping online much more enjoyable. As soon as the form is sent, it is quoted and you are able to buy any or none of the pricing results.
If a lower price is quoted, you can simply submit the application and buy the new coverage. It can be completed in a matter of minutes and may result in a nice savings.
To find out what other companies charge, click here to open in new window and submit your coverage information. If you have coverage now, it’s recommended you replicate the coverages identical to your current policy. This way, you will have rate comparison quotes for similar coverage.
An important part of buying insurance is that you know the different types of things that come into play when calculating the price you pay for insurance. If you have a feel for what determines base rates, this enables you to make decisions that will entitle you to cheaper rates. Many different elements are used in the calculation when you get your auto insurance bill. Some are pretty understandable such as your driving history, although others are not as apparent like your continuous coverage or how safe your car is.
Listed below are just a few of the factors companies use to determine premiums.
Auto insurance companies do not advertise every discount they offer in an easy-to-find place, so we break down a few of the more well known as well as some of the hidden discounts you could be receiving when you buy auto insurance online.
As a sidenote, most discount credits are not given to the entire cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Despite the appearance that adding up those discounts means a free policy, you won’t be that lucky.
If you would like to see a list of insurance companies that have a full spectrum of discounts, click here to view.
When it comes to buying the best insurance coverage coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different so this has to be addressed. For instance, these questions could help you determine whether your personal situation would benefit from professional advice.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.
Knowing the specifics of insurance aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverages offered by insurance companies.
Comprehensive insurance
This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims like damage from a tornado or hurricane, hail damage, theft, damage from getting keyed and vandalism. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Coverage for uninsured or underinsured drivers
This coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Audi A3.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these limits do not exceed the liability coverage limits.
Collision insurance
This will pay to fix damage to your A3 resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like sustaining damage from a pot hole, hitting a parking meter and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.
Coverage for medical expenses
Coverage for medical payments and/or PIP provide coverage for immediate expenses for hospital visits, dental work, rehabilitation expenses, EMT expenses and prosthetic devices. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Liability coverages
Liability insurance will cover damages or injuries you inflict on a person or their property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.
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. You commonly see liability limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.
Liability coverage pays for claims like funeral expenses, medical services and legal defense fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
When trying to cut insurance costs, make sure you don’t buy poor coverage just to save money. There have been many cases where an accident victim reduced uninsured motorist or liability limits only to regret that they should have had better coverage. The ultimate goal is to purchase a proper amount of coverage for the lowest price, but do not skimp to save money.
We covered many ideas to compare 2013 Audi A3 insurance premium rates online. The key concept to understand is the more providers you compare, the better chance you’ll have of finding cheaper auto insurance. Consumers could even find that the lowest premium rates come from the least-expected company. Smaller companies can often provide lower prices in certain areas than the large multi-state companies such as Allstate and Progressive.
To learn more, feel free to visit the articles below: