Are you overwhelmed by the sheer number of auto insurance choices available to you? Lot’s of other drivers are too. People have such a large number of options that it can really be a lot of work to locate the lowest rates.
It’s a good idea to price shop coverage at least once a year because prices trend upward over time. Just because you had the lowest price on S3 coverage a few years ago the chances are good that you can find a lower rate today. Forget all the misinformation about auto insurance because I’m going to teach you the proper way to reduce your cost while increasing coverage.
The quickest way to compare rate quotes is to know the fact most of the bigger providers provide online access to give you rate quotes. The one thing you need to do is give them some information like whether or not you need a SR-22, how much school you completed, if you lease or own, and how much coverage you want. Those rating factors gets sent immediately to insurance carriers in your area and you will receive price estimates within a short period of time.
Companies offering auto insurance don’t always list the complete list of policy discounts in a way that’s easy to find, so we researched some of the best known as well as some of the hidden insurance coverage savings. If you don’t get every credit you qualify for, you are paying more than you should be.
Don’t be surprised that most discounts do not apply to your bottom line cost. The majority will only reduce individual premiums such as collision or personal injury protection. So even though you would think you would end up receiving a 100% discount, it just doesn’t work that way.
Insurance companies that may offer quotes with many of the previously listed discounts may include but are not limited to:
If you want the cheapest car insurance quotes, ask each company which credits you are entitled to. Some credits may not be offered in your state. If you would like to see a list of insurers offering insurance coverage discounts, click here to view.
When it comes to choosing the right insurance coverage for your personal vehicles, there is no best way to insure your cars. Your needs are not the same as everyone else’s.
For example, these questions might help in determining if your insurance needs would benefit from professional advice.
If you don’t know the answers to these questions, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form.
Understanding the coverages of a insurance policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and coverage can change by endorsement.
Comprehensive insurance
This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things such as damage from getting keyed, a broken windshield, theft and hail damage. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Collision insurance
This covers damage to your S3 caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like rolling your car, colliding with a tree, sideswiping another vehicle and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.
Liability coverages
Liability insurance will cover damage or injury you incur to a person or their property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.
Liability insurance covers things such as structural damage, funeral expenses, loss of income and medical expenses. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.
Uninsured/Underinsured Motorist (UM/UIM)
This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your 2018 Audi S3.
Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for pain medications, doctor visits, nursing services, X-ray expenses and funeral costs. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage