Are you tired of being strong-armed to make your insurance payment? You are in the same boat as many other people.
Numerous car insurance companies battle for your business, and because of this it can be hard to compare auto insurance companies to get the lowest rate possible.
If you currently have car insurance, you will most likely be able to reduce your rates substantially using this strategy. Finding the best rates is not that difficult. Although drivers must comprehend how insurance companies sell online because it can help you find the best coverage.
There are several ways to compare car insurance quotes, and some are easier and takes less work. You could waste a few hours discussing policy coverages with agents in your area, or you can stay home and use the web to quickly compare rates.
The majority of car insurance companies participate in an industry program where insurance shoppers submit one quote, and every company then returns a price quote based on that data. This eliminates the need for quote forms for each company.
To get comparison pricing now click here to start a free quote.
The only downside to using this type of form is that you can’t choose the insurers you want to price. If you prefer to choose from a list of companies to request quotes from, we put together a list of car insurance companies in your area. Click here to view list.
How you compare quotes is your choice, just make darn sure you compare nearly identical quote data for every quote you compare. If you enter differing limits you will not be able to determine the lowest rate for your Mercedes-Benz G-Class. Just a small difference in coverage limits may cause a big price difference. Just remember that comparing more quotes helps locate more affordable insurance. Some smaller insurers to not give online price quotes, so it’s necessary to compare rates from them, too.
Well-known car insurance companies like Allstate, Geico and Progressive constantly bombard you with television and radio advertisements. They all have a common claim about how much you will save if you just switch to their company. It sounds good, but how can they all give you a better price? Here is how they do it.
Car insurance companies require specific criteria for the right customer that will not have excessive claims. For example, a profitable risk profile should be a married female, has few claims, and drives newer vehicles. Anybody who fits those characteristics will most likely get cheap rates and therefore will cut their rates if they switch.
Consumers who fall short of these standards will probably be forced to pay a higher premium which translates to the customer buying from someone else. Company advertisements say “customers that switch” not “everyone that quotes” save that much when switching. This is how companies can advertise the way they do. Because every company is different, drivers should compare quotes as often as possible. Because you cannot predict which insurance companies will be your best fit.
It’s important that you understand the factors that go into determining the price you pay for car insurance. If you have a feel for what impacts premium levels, this enables informed choices that can help you get cheaper rates. Many factors are considered when quoting car insurance. Some are obvious like an MVR report, but other criteria are less obvious such as your marital status and annual miles driven.
The factors shown below are a few of the “ingredients” companies use to determine your rate level.
Car insurance companies do not advertise every policy discount very clearly, so the next list breaks down some of the best known as well as some of the hidden credits available to you. If you check and find you aren’t receiving every discount you qualify for, you could be saving more on your insurance coverage.
Just know that many deductions do not apply to the entire cost. Most only reduce the cost of specific coverages such as medical payments or collision. Even though it appears all the discounts add up to a free policy, it just doesn’t work that way. Any amount of discount will definitely reduce the amount you have to pay.
Popular insurance coverage companies and a summarized list of policyholder discounts include:
When getting free auto insurance quotes, it’s a good idea to every insurance company which discounts you may be entitled to. Depending on the company, some discounts may not be available everywhere. To find insurance companies who offer free insurance coverage quotes, follow this link.
When it comes to buying proper insurance coverage, there is no perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that may help highlight whether your personal situation would benefit from professional advice.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.
Learning about specific coverages of your policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.
Collision coverage – This coverage pays for damage to your G-Class resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like rolling your car, damaging your car on a curb, sideswiping another vehicle, scraping a guard rail and driving through your garage door. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.
Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as vandalism, theft, hitting a deer and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Coverage for uninsured or underinsured drivers – This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Coverage for medical expenses – Med pay and PIP coverage pay for short-term medical expenses such as hospital visits, pain medications and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay
Liability insurance – This coverage will cover damage that occurs to a person or their property in an accident. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage pays for claims like emergency aid, pain and suffering, medical expenses, repair bills for other people’s vehicles and funeral expenses. How much coverage you buy is up to you, but consider buying as large an amount as possible.
As you go through the steps to switch your coverage, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where drivers have reduced uninsured motorist or liability limits and discovered at claim time that the savings was not a smart move. The proper strategy is to purchase plenty of coverage at a price you can afford but still have enough coverage for asset protection.
We’ve covered many ways to shop for 2016 Mercedes-Benz G-Class insurance online. The key thing to remember is the more companies you get premium rates for, the higher the chance of saving money. You may even discover the biggest savings come from an unexpected company. They may have significantly lower premium rates on certain market segments than their larger competitors like Allstate or State Farm.
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