Searching for the cheapest insurance coverage rates for your Buick Electra? Do you get exhausted from trying to scrape together enough money to keep your car insured? Your situation is no different than many other consumers.
Having so many insurance coverage companies to choose from, it can be hard to find the best insurance company.
This article will instruct you on how to effectively get price quotes and some money-saving tips. If you are paying for car insurance now, you will most likely be able to cut costs considerably using these methods. Although vehicle owners do need to understand how insurance companies determine prices and apply this information to your search.
There are a lot of ways you can shop for car insurance but one way is less labor-intensive and much quicker. You could waste a few hours driving to local insurance agents in your area, or you can stay home and use online quoting to quickly compare rates.
All the larger companies enroll in a system where insurance shoppers enter their policy data once, and at least one company can give them a price based on that information. This eliminates the need for repetitive form submissions for each company.
To find out how much you can save on car insurance click here to start a free quote.
The single downside to getting quotes like this is buyers cannot specifically choose the insurers to get quotes from. If you prefer to choose from a list of companies to compare, we have a page of low cost car insurance companies in your area. Click here to view list.
It’s up to you how you get prices quotes, just make sure you are using exactly the same coverage data on every quote you get. If you have different coverage information it’s impossible to find the best deal for your Buick Electra. Having just a slight variation in insurance coverages can result in a big premium difference. And when comparison shopping, more quotes increases your odds of finding the best price. Not every company provides online price quotes, so you should also compare prices from those companies as well.
Companies do not list their entire list of discounts in an easy-to-find place, so the list below gives a summary of some of the more common and also the more inconspicuous ways to save on car insurance.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates you could get a free car insurance policy, nobody gets a free ride.
Auto insurance companies that may include some of the above discounts possibly include:
If you want affordable auto insurance quotes, ask each company to apply every possible discount. Depending on the company, some discounts might not be offered on policies in your area.
When it comes to choosing proper insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. These are some specific questions can aid in determining if you will benefit from professional help.
If it’s difficult to answer those questions but a few of them apply, you might consider talking 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.
Having a good grasp of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by auto insurance companies.
Collision coverage protection
Collision coverage pays for damage to your Electra from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like hitting a mailbox, rolling your car, sideswiping another vehicle, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.
Liability coverage protects you from injuries or damage you cause to other people or property by causing an accident. It protects you against other people’s claims. It does not 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. As an example, you may have limits of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage pays for things such as legal defense fees, loss of income, emergency aid, bail bonds and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.
This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, falling objects, theft, damage from a tornado or hurricane and rock chips in glass. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Uninsured/Underinsured Motorist (UM/UIM)
This coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and also any damage incurred to your Buick Electra.
Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages are set the same as your liablity limits.
Med pay and Personal Injury Protection (PIP)
Med pay and PIP coverage kick in for bills such as pain medications, funeral costs, X-ray expenses and dental work. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover you and your occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage