Do you get overwhelmed by the dozens of car insurance providers available to you? You have so many options that it can easily turn into a difficult challenge to find better car insurance rates.
Insurance can be pricey, but there may be some discounts that you may not even be aware of. Larger premium reductions will be automatically applied when you purchase, but less common discounts must be specifically requested before you will receive the discount. If you do not check that you are getting every discount possible, you are paying more than you should be.
Discounts reduce rates, but you should keep in mind that most discount credits are not given the the whole policy. Most only reduce specific coverage prices like comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, nobody gets a free ride.
Larger insurance companies and a selection of discounts are included below.
When comparing rates, check with each company or agent which discounts can lower your rates. Some discounts may not apply in your area. To view insurance companies that have a full spectrum of discounts, click this link.
Many factors are used in the calculation when you get a price on insurance. Some are obvious like an MVR report, although some other factors are more obscure like your vehicle usage and annual miles driven.
When choosing adequate coverage, there isn’t really a one size fits all plan. Everyone’s needs are different.
Here are some questions about coverages that can help discover if you might need an agent’s assistance.
If you’re not sure about those questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, take a second and complete this form.
Auto insurance providers like Progressive, Allstate and Geico consistently run ads in print and on television. They all seem to have a common claim that you’ll save big just by moving your policy. How is it plausible that every one can charge you less for car insurance? Here is the trick they use.
Most companies are able to cherry pick for the type of driver that earns them the highest profit. For example, a desirable risk may need to be over the age of 40, has few claims, and drives a safe vehicle. Any customer who meets those qualifications will get very good prices and will also cut their rates if they switch.
Potential customers who fall short of the requirements will get higher prices and this results in business not being written. The trick is to say “customers that switch” not “everyone that quotes” can save as much as they claim. That is how companies can make claims like that.
This illustrates why you need to quote coverage with many companies. It is impossible to guess which company will fit your personal profile best.
Having a good grasp of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.
Auto liability – Liability insurance can cover damages or injuries you inflict on people or other property in an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as emergency aid, court costs, medical expenses and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.
Medical costs insurance – Med pay and PIP coverage reimburse you for immediate expenses such as hospital visits, chiropractic care and pain medications. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage
Collision – This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims like sideswiping another vehicle, rolling your car and backing into a parked car. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also increase the deductible to bring the cost down.
UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Mercedes-Benz GLK-Class.
Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Frequently the UM/UIM limits are identical to your policy’s liability coverage.
Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like damage from flooding, damage from a tornado or hurricane, theft, a tree branch falling on your vehicle and hitting a bird. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. In many instances, drivers have reduced collision coverage and learned later that they should have had better coverage. Your aim should be to buy a smart amount of coverage at the best cost while still protecting your assets.
Insureds leave their current company for a number of reasons such as being labeled a high risk driver, not issuing a premium refund, delays in paying claims or even lack of trust in their agent. Regardless of your reason for switching companies, finding a new company can be easier than you think.
Lower-priced 2015 Mercedes-Benz GLK-Class insurance can be purchased both online and from local agencies, so you should compare both in order to have the best price selection to choose from. Some insurance coverage companies don’t offer online rate quotes and many times these regional carriers sell through independent agents.
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