Finding lower-cost car insurance may be intimidating for drivers not familiar with comparing prices on the internet. Since there are so many insurance companies available, how are drivers able to efficiently compare every company in order to find the lowest rates?
Buying the lowest cost auto insurance coverage can be fairly easy. In a nutshell, anyone who has to buy auto insurance most likely will be able to find better rates. But drivers must know how big insurance companies price insurance differently and apply this information to your search.
Some providers do not advertise every discount in a way that’s easy to find, so we break down a few of the more common and also the lesser-known ways to save on auto insurance.
Don’t be surprised that most discounts do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like you would end up receiving a 100% discount, you won’t be that lucky.
Companies and their offered discounts include:
Before buying, ask each company or agent to apply every possible discount. Discounts may not be offered in your area. To see a list of insurers with the best discounts, click here.
When choosing the right insurance coverage, there isn’t really a perfect coverage plan. Each situation is unique.
For instance, these questions can help discover if your situation would benefit from an agent’s advice.
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, complete this form.
Understanding the coverages of your policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.
Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against claims like a tree branch falling on your vehicle, falling objects and vandalism. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
This can cover injuries or damage you cause to a person or their property. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, 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 that pays claims from the same limit without having the split limit caps.
Liability coverage protects against things such as emergency aid, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Coverage for medical payments and/or PIP reimburse you for immediate expenses for pain medications, prosthetic devices, X-ray expenses, doctor visits and rehabilitation expenses. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage
Collision coverage pays for damage to your Sprinter resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims like crashing into a ditch, hitting a parking meter and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.
Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and damage to your Mercedes-Benz Sprinter.
Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these coverages do not exceed the liability coverage limits.
People switch companies for any number of reasons including being labeled a high risk driver, denial of a claim, delays in responding to claim requests or even high rates after DUI convictions. It doesn’t matter why you want to switch switching companies is easier than you think.
We covered quite a bit of information on how to reduce 2015 Mercedes-Benz Sprinter insurance prices online. The key concept to understand is the more times you quote, the better your chances of lowering your rates. You may be surprised to find that the best price on insurance coverage is with a company that doesn’t do a lot of advertising.
As you go through the steps to switch your coverage, don’t be tempted to skimp on coverage in order to save money. There are many occasions where someone sacrificed liability coverage limits to discover at claim time that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at the best cost, but don’t skip important coverages to save money.