Have you finally had enough of not being able to scrape enough together to buy car insurance? You are in the same boat as many other consumers. Due to the abundance of insurance providers from which to choose, it is hard for the average consumer to pick a more affordable company.
Many different elements are considered when premium rates are determined. Some factors are common sense like a motor vehicle report, but other factors are more obscure such as whether you are married or your financial responsibility.
Most companies make it easy to get pricing online. Getting prices online is pretty painless as you just enter your required coverages on the page. After you complete the form, the company’s rating system makes automated requests for your driving record and credit report and provides a quote determined by many factors. Being able to quote online simplifies rate comparisons, but having to visit many different websites and type in the same information gets old quite quickly. But it’s absolutely necessary to do this if you want to find better insurance pricing.
There is a better way to compare rates
An easier way to compare rates requires only one form to obtain quotes from a bunch of companies at once. It saves time, reduces the work, and makes online shopping much more enjoyable and efficient. After sending your information, it is rated with multiple companies and you can pick your choice of the quotes that you receive. If a lower price is quoted, you can simply submit the application and buy the new coverage. The whole process takes 15 minutes at the most and you will know how your current rates stack up.
In order to compare rates using this form now, click here to open in new window and fill out the form. If you have a policy now, it’s recommended you input the coverage information exactly as they are listed on your policy. This makes sure you will have a fair comparison based on similar coverages.
Consumers can’t get away from ads for cheaper auto insurance from companies such as Progressive, Geico, Allstate and State Farm. All the ads try to convey promises of big savings after switching your policy.
That’s great but how can every company claim to save you money?
Most companies are able to cherry pick for a prospective insured that will add to their bottom line. For example, a preferred risk might be described as over the age of 45, carries high limits, and chooses high deductibles. Any new insured that hits that “sweet spot” will probably get cheap car insurance rates and most likely will save some money.
Insureds who don’t qualify for this stringent profile may be required to pay a more expensive rate which translates to the customer buying from someone else. If you listen closely, the ads state “customers who switch” not “all people who quote” save the amount stated. That’s the way insurance companies can confidently state the savings. This really emphasizes why it’s extremely important to compare as many free insurance quotes as you can. It is impossible to guess which auto insurance company will fit your personal profile best.
Insuring your vehicles can cost a lot, but there may be some discounts that could drop your premiums quite a bit. Some of these disounts will be visible when you quote, but some must be inquired about before you will receive the discount.
As a sidenote, many deductions do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.
Large insurance companies and their possible discounts are shown below.
If you need lower rates, check with all companies you are considering which discounts you qualify for. Some credits may not be available in your area. To choose insurance companies that offer multiple discounts, click here to view.
When choosing the best auto insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different so this has to be addressed. For instance, these questions can help discover if your situation could use an agent’s help.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.
Learning about specific coverages of your policy can be of help when determining 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. Listed below are the normal coverages available from car insurance companies.
Collision protection
Collision insurance pays for damage to your Transit Van resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims like hitting a parking meter, colliding with another moving vehicle, hitting a mailbox and driving through your garage door. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage pay for bills for doctor visits, surgery, prosthetic devices and rehabilitation expenses. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Liability auto insurance
This coverage will cover damage or injury you incur to other’s property or people that is your fault. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.
Liability coverage protects against things such as pain and suffering, legal defense fees, medical expenses and medical services. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.
Uninsured Motorist or Underinsured Motorist insurance
This gives you protection when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like damage from flooding, a tree branch falling on your vehicle, hitting a bird and hail damage. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Lower-priced insurance coverage is definitely available on the web and also from your neighborhood agents, so you need to quote insurance with both to have the best rate selection. Some insurance providers don’t offer internet price quotes and usually these small insurance companies only sell through independent insurance agencies.
When getting insurance quotes online, it’s very important that you do not reduce needed coverages to save money. In many instances, drivers have reduced comprehensive coverage or liability limits only to discover later that their decision to reduce coverage ended up costing them more. The goal is to buy enough coverage at the best possible price.
You just read many ideas to compare 2016 Ford Transit Van insurance rates online. The key concept to understand is the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. You may even find the best price on insurance coverage is with an unexpected company. These smaller insurers may only write in your state and offer lower car insurance rates as compared to the big name companies such as State Farm, Geico and Nationwide.
More detailed insurance coverage information can be read in the articles below: