Are you frustrated by the crazy number of car insurance choices available to you? Lot’s of other drivers are too. There are so many choices that it can easily become a challenge to find a more affordable company.
The purpose of this post is to introduce you to the best way to quote coverages and some money-saving tips. If you currently have car insurance, you stand a good chance to be able to save some money using this strategy. Nevertheless, car owners need to have an understanding of the way insurance companies determine prices and apply this information to your search.
Some providers don’t always list the complete list of policy discounts very clearly, so the below list has both well-publicized in addition to some of the lesser obvious savings tricks you should be using when you buy car insurance online. If they aren’t giving you every credit you qualify for, you are paying more than you should be.
A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most cut the cost of specific coverages such as collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, auto insurance companies aren’t that generous.
Large auto insurance companies and a partial list of their discounts are shown below.
Before you buy a policy, ask every prospective company how many discounts you can get. Some discounts may not apply to policies in your area. To see a list of insurers with the best discounts, follow this link.
There are multiple methods to compare auto insurance quotes, but one way is more efficient than others. You can waste a few hours (or days) driving to insurance companies in your area, or you could use online quoting to get prices fast.
Most car insurance companies enroll in a system that enables customers to send in one quote, and every company then gives them pricing based on that information. This prevents consumers from doing quote requests for each company.
To submit your quote information now, click here to open in new window.
One minor caviat to doing it this way is you cannot specify the insurers you want to price. So if you prefer to choose specific insurance companies for rate comparison, we have a listing of companies who write auto insurance in your area. Click here for list of insurance companies.
It’s up to you which method you use, but make sure you are using the exact same coverage limits and deductibles with every price quote. If you use different coverage information it will be nearly impossible to determine the lowest rate for your Dodge Durango. Slightly different coverage limits could throw off the whole comparison. Just remember that getting more free quotes increases the change that you will find better pricing.
When it comes to buying coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.
For example, these questions could help you determine if your insurance needs might need an agent’s assistance.
If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form.
Understanding the coverages of your policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for chiropractic care, doctor visits and surgery. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Liability coverage – Liability coverage can cover damages or injuries you inflict on people or other property. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.
Liability coverage pays for things like bail bonds, court costs, structural damage and medical services. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Dodge Durango.
Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Collision – This covers damage to your Durango resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims like colliding with a tree, scraping a guard rail and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Comprehensive (Other than Collision) – This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like damage from flooding, falling objects, vandalism and hitting a deer. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
You just learned quite a bit of information on how to lower your 2017 Dodge Durango insurance premium rates. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Consumers could even find that the lowest priced car insurance comes from the least-expected company.
When you buy car insurance online, do not buy poor coverage just to save money. Too many times, consumers will sacrifice liability limits or collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to buy enough coverage at the best possible price while still protecting your assets.
Budget-friendly car insurance can be bought from both online companies and from local agencies, so you should be comparing quotes from both in order to have the best chance of saving money. Some companies may not provide rates over the internet and many times these small, regional companies work with local independent agents.
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