No normal person looks forward to buying insurance coverage, especially knowing they are paying too much. There is such a variety of insurance companies to choose from, and although it’s nice to have multiple companies, it makes it harder to compare rates and find the lowest cost insurance coverage.
Choosing the best insurance company for you is not that difficult. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Consumers only need to know the tricks to shop online.
Some insurers don’t list every policy discount in an easy-to-find place, so we took the time to find a few of the more well known in addition to some of the lesser obvious credits available to you.
As a sidenote, some of the credits will not apply to the entire cost. Most only reduce specific coverage prices like medical payments or collision. Even though the math looks like you could get a free insurance policy, you aren’t that lucky.
A list of companies and some of their more popular discounts are:
Before purchasing a policy, check with every insurance company which discounts they offer. Some discounts might not be offered on policies in your state. To see a list of companies with the best discounts, click this link.
The quickest way to compare rates is to realize most insurance companies participate in a system to give free rates quotes. All you need to do is take a few minutes to give details like if you require a SR-22, whether the vehicles are used for commuting, the type of vehicles you drive, and deductibles desired. Your information is then submitted to insurance companies and they return quotes almost instantly.
Multiple criteria are used in the calculation when quoting car insurance. A few of the factors are predictable like an MVR report, although some other factors are more transparent such as your credit history or your financial responsibility.
When it comes to choosing the right insurance coverage, there is no best way to insure your cars. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that may help highlight whether or not you could use an agent’s help.
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and may give you better protection.
Consumers constantly see and hear ads for the lowest price car insurance by companies like Allstate, Geico and Progressive. They all advertise the message about how much you will save if you switch your car insurance coverage to their company.
But how can every company charge you less for auto insurance? This is the way they can do it.
Different companies require specific criteria for the type of insured that will add to their bottom line. A good example of this type of insured might be over the age of 45, has few claims, and drives a vehicle with a low ISO rating. Any driver who meets those qualifications will get very good auto insurance rates and will save some money.
Insureds who fall outside these standards must pay a higher rate and ends up with the customer buying from a different company. The ad wording is “people who switch” not “everyone that quotes” save that much money. That is how insurance companies can claim big savings. Because of these techniques, it’s extremely important to get insurance quotes from several different companies. It is just not possible to predict which company will have the best auto insurance rates.
Knowing the specifics of your policy aids in choosing which coverages you need at the best deductibles and correct limits. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are the usual coverages available from car insurance companies.
Auto liability – This coverage can cover damage that occurs to a person or their property that is your fault. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability can pay for things such as repair costs for stationary objects, pain and suffering, court costs and funeral expenses. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.
Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for bills like dental work, hospital visits and ambulance fees. They are used in conjunction with a health insurance program or if there is no health insurance coverage. They cover you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage
Collision coverage – This pays to fix your vehicle from damage from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision can pay for things such as sustaining damage from a pot hole, sideswiping another vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Audi TTS.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as fire damage, hitting a deer, hail damage, vandalism and hitting a bird. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
As you go through the steps to switch your coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. In many cases, an insured cut physical damage coverage and learned later that the small savings ended up costing them much more. The aim is to buy the best coverage you can find at an affordable rate while still protecting your assets.
In this article, we covered some good ideas how you can get a better price on 2015 Audi TTS insurance. The key concept to understand is the more companies you get car insurance rates for, the higher your chance of finding low cost insurance. Drivers may discover the lowest rates come from a smaller regional carrier. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm, Geico and Nationwide.
A few companies don’t offer price quotes online and these small insurance companies only sell through local independent agencies. Lower-priced insurance can be sourced on the web and also from your neighborhood agents, and you should compare rates from both to get a complete price analysis.
Much more information about insurance can be found at the links below