Did you make the mistake of buying overpriced insurance coverage? Trust us when we tell you you are not the only one feeling buyer’s remorse.
Insurance companies such as Allstate, Progressive and Geico persitently shower you with TV and radio ads and it is difficult to see through the deception and take the time to shop coverage around.
If you are paying for car insurance now, you stand a good chance to be able to save some money using this strategy. Finding affordable coverage is easy if you know what you’re doing. Nevertheless, vehicle owners benefit from understanding the way companies market on the web.
All major insurance companies allow you to get prices for coverage directly from their websites. The process is possible for anyone as you simply type in your required coverages on the page. After you submit the form their quoting system gets your driving and credit reports and returns pricing information based on the data you entered. This makes it a lot easier to compare rates but having to visit multiple sites and complete many quote forms is not the best way to spend an afternoon. But it’s also necessary to get many rate quotes if you are searching for better insurance pricing.
A better way to lower your insurance bill uses just one form that gets price quotes from more than one company. The form is fast, eliminates repetitive work, and makes price shopping online much more enjoyable. As soon as you send your information, it gets priced with multiple companies and you can pick any or none of the quote results.
If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. The entire process can be completed in a matter of minutes and can result in significant savings.
To find out what other companies charge, click here and submit the form. If you have your current policy handy, we recommend you replicate the coverage information exactly as shown on your declarations page. This helps ensure you will have an apples-to-apples comparison for similar insurance coverage.
Car insurance is not cheap nor is it fun to buy but you might be missing out on some discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time you complete a quote, but a few need to be requested specifically before you get the savings.
As a footnote on discounts, most discount credits are not given the the whole policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think all the discounts add up to a free policy, that’s just not realistic.
Larger car insurance companies and some of the premium reductions they offer are shown below.
Double check with every company the best way to save money. Some of the earlier mentioned discounts might not be offered on policies in your area. To view car insurance companies with the best car insurance discounts, click here to view.
When it comes to buying adequate coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different so this has to be addressed. For example, these questions could help you determine whether your personal situation might need an agent’s assistance.
If you can’t answer these questions then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.
Having a good grasp of auto insurance can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Listed below are the usual coverages found on most auto insurance policies.
This coverage will cover damage that occurs to people or other property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. 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 insurance covers claims such as structural damage, medical expenses, medical services, loss of income and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.
This coverage will pay to fix damage to your Crosstour from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision coverage protects against things like hitting a parking meter, driving through your garage door and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.
Coverage for medical payments and/or PIP pay for bills such as chiropractic care, dental work and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage
This gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Honda Crosstour.
Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Normally these limits do not exceed the liability coverage limits.
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like hail damage, a tree branch falling on your vehicle, falling objects, vandalism and damage from a tornado or hurricane. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
When you buy car insurance online, it’s very important that you do not reduce coverage to reduce premium. There are too many instances where drivers have reduced collision coverage only to regret at claim time that the small savings ended up costing them much more. The ultimate goal is to find the BEST coverage at the best possible price and still be able to protect your assets.
You just learned a lot of tips how to lower your 2014 Honda Crosstour insurance prices. It’s most important to understand that the more quotes you get, the better your comparison will be. You may even discover the best prices are with the smaller companies. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate and Progressive.
Even more information is located in these articles: