How Much Does 2014 Land Rover LR2 Car Insurance Cost?

Trying to find cheaper insurance rates for your Land Rover LR2? There isn’t a single person who looks forward to buying insurance, especially when the cost is too high.

There are many car insurance companies to insure vehicles with, and though it is a good thing to have a choice, it can be more difficult to compare rates and cut insurance costs.

Smart consumers take time to compare prices once or twice a year because insurance rates change quite often. Just because you found the lowest rate on LR2 coverage last year you will most likely find a better price today. Block out anything you think you know about insurance because we’re going to demonstrate the right way to find better coverage at a better price.

The purpose of this post is to instruct you on the most effective way to quote insurance. If you are paying for car insurance now, you will be able to cut costs considerably using these methods. But car owners must comprehend the way insurance companies price insurance differently and take advantage of how the system works.

How to buy insurance online

To get low cost car insurance quotes, there a variety of ways to compare rate quotes from all the different companies. The simplest method to compare 2014 Land Rover LR2 insurance prices is to get quotes online. It is quite easy and can be accomplished in a couple of different ways.

  1. The most efficient method to find the lowest comparison rates would be an industry-wide quote request form click to view form in new window. This method keeps you from doing repetitive form submissions for each company you want a rate for. Filling out one form will get you price quotes direct from many companies.
  2. A harder way to get comparison quotes is spending the time to visit the website for every company you want to comare and go through the quote process again. For example, let’s assume you want to get rates from Liberty Mutual, Esurance and Travelers. To find out each rate you need to visit each site and type in your information over and over, which is why first method is reommended. To view a list of companies in your area, click here.
  3. The old school method to find cheaper rates to each insurance agency near you. Buying insurance online eliminates the middleman unless you require the trained guidance of an agent trained in personal lines coverage. However, consumers can comparison shop online and have a local agent actually service the policy.

Compare rates however you want, just do your best to use identical coverages and limits for each price quote. If your comparisons have different liability limits it’s not possible to determine the best price for your Land Rover LR2. Having just a slight variation in insurance coverages or limits may cause a big price difference. And when comparing insurance rates, know that quoting more helps increase your odds of locating lower pricing.

Cheaper rates with discounts

Insurance can be prohibitively expensive, but you may be missing some discounts that can dramatically reduce your bill. Certain credits will be shown at the time of quoting, but some discounts are required to be asked about in order for you to get them.

  • Early Renewal Discounts – Some companies give discounts for renewing your policy prior to the expiration date on your current policy. The savings is around 10%.
  • Bundle and Save – When you combine your home and auto insurance with the same insurance company you may earn at least 10 to 15 percent or more.
  • Waiver for an Accident – Not a discount per se, but companies like Progressive, Allstate, and Liberty Mutual may permit one accident without raising rates so long as you haven’t had any claims prior to the accident.
  • Discount for Life Insurance – Insurance companies who offer life insurance give a discount if you purchase some life insurance too.
  • More Vehicles More Savings – Buying insurance for multiple cars on one policy may reduce the rate for each vehicle.
  • Data Collection Discounts – People who choose to allow their insurance company to look at driving manner by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive might see lower rates as long as the data is positive.

Remember that many deductions do not apply to the entire cost. The majority will only reduce specific coverage prices like liability, collision or medical payments. Even though it appears you would end up receiving a 100% discount, it’s just not the way it works.

Companies and a partial list of their discounts are outlined below.

  • State Farm policyholders can earn discounts including safe vehicle, accident-free, multiple autos, student away at school, and Drive Safe & Save.
  • Progressive offers discounts for homeowner, continuous coverage, online signing, online quote discount, and good student.
  • Progressive offers discounts including online quote discount, homeowner, multi-policy, continuous coverage, online signing, and good student.
  • MetLife has discounts for multi-policy, defensive driver, accident-free, good student, and claim-free.
  • Farm Bureau offers premium reductions for multi-vehicle, good student, multi-policy, renewal discount, youthful driver, safe driver, and 55 and retired.
  • Geico has savings for anti-theft, defensive driver, air bags, good student, seat belt use, multi-policy, and daytime running lights.
  • SAFECO includes discounts for multi-car, homeowner, teen safety rewards, accident prevention training, and drive less.

When comparing rates, check with every prospective company to give you their best rates. A few discounts may not be offered everywhere. To locate insurers who offer insurance discounts, click here.

What is the best insurance coverage coverage?

When buying adequate coverage for your vehicles, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions might point out if your situation could use an agent’s help.

  • How does medical payments coverage work?
  • Can I drive in Mexico and have coverage?
  • Am I better off with higher deductibles on my 2014 Land Rover LR2?
  • What is no-fault insurance?
  • Does my liability insurance cover pulling a trailer or camper?
  • How much liability insurance is required?
  • Does my policy pay for OEM or aftermarket parts?
  • Is borrowed equipment or tools covered if stolen or damaged?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Informed drivers can reduce insurance rates

Lots of things are taken into consideration when you quote your car insurance policy. Most are fairly basic such as your driving record, but other criteria are not as apparent like where you live or your financial responsibility.

  • Only buy add-on coverages you need – There are a ton of additional extra coverages that can add up if you aren’t careful. Insurance for things like rental car reimbursement, accident forgiveness, and extra equipment coverage could be just wasting money. They may seem good when you first buy your policy, but if you have no use for them eliminate them to save money.
  • Your address can push rates up or down – Residing in a small town is a positive aspect when trying to find low car insurance rates. Less people translates into fewer accident claims in addition to lower liability claims Drivers who live in large cities have to deal with congested traffic and more time behind the wheel. Higher commute times means higher likelihood of an accident.
  • Drive less and save – Driving more miles in a year’s time the more you’ll pay to insure it. A lot of companies charge rates based upon how much you drive. Autos left parked in the garage can be on a lower rate level than vehicles that have high annual mileage. It’s a smart idea to ensure your insurance coverage coverage states the correct usage for each vehicle. Improper usage on your LR2 may be costing you higher rates.
  • Gender and car insurance premiums – Statistics show women are more cautious behind the wheel. This data doesn’t prove that men are worse drivers. Males and females get in auto accidents at a similar rate, but men cause more damage. Not only that, but men also receive more costly citations such as reckless driving.
  • Credit rating impact insurance coverage prices – Having a bad credit score can be a huge factor in calculating your premium rate. People with very good credit scores tend to be better drivers and file fewer claims than drivers who have poor credit. Therefore, if your credit rating is lower than you’d like, you could be paying less to insure your 2014 Land Rover LR2 by spending a little time repairing your credit.

Can you really save if you switch?

Popular car insurance providers such as Allstate and Progressive regularly use television, radio, and online ads. All the companies seem to make the promise that you’ll save big after switching your car insurance policy to them. How do they all claim to save you money? This is the way they can do it.

Most companies quote their best rates for the type of driver that will generate a profit. One example of a preferred risk might be described as a mature driver, carries high limits, and the vehicle is rated for pleasure use. Someone that hits that “sweet spot” receive the lowest rate quotes and will most likely save when they switch companies.

Drivers who cannot meet the “perfect” profile may be forced to pay higher premiums which translates to the customer buying from a different company. If you listen closely, the ads state “drivers that switch” not “everyone who quotes” can save as much as they claim. That’s why insurance companies can advertise the way they do.

This really emphasizes why you should do a quote comparison often. Because you cannot predict which car insurance company will be your best fit.

Insurance coverages and their meanings

Understanding the coverages of your policy helps when choosing the best coverages for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording. These are the usual coverages found on most insurance policies.

Comprehensive protection – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as fire damage, a broken windshield, damage from getting keyed and falling objects. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage – This coverage pays for damage to your LR2 resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as driving through your garage door, hitting a parking meter, crashing into a building and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your 2014 Land Rover LR2.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Medical expense coverage – Coverage for medical payments and/or PIP kick in for bills such as ambulance fees, X-ray expenses, pain medications and funeral costs. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Liability coverages – Liability coverage will cover injuries or damage you cause to other’s property or people. This coverage protects you against claims from other people, and 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 stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things like pain and suffering, loss of income and medical expenses. How much coverage you buy is your choice, but you should buy as much as you can afford.

Be Smart and Buy Smart

The cheapest 2014 Land Rover LR2 insurance can be bought online in addition to many insurance agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who do not provide internet price quotes and usually these smaller companies provide coverage only through independent agents.

As you quote car insurance, do not reduce coverage to reduce premium. Too many times, someone sacrificed physical damage coverage only to discover later they didn’t purchase enough coverage. The proper strategy is to buy a smart amount of coverage at the best possible price and still be able to protect your assets.

Other learning opportunities