Tired of not being able to afford each month for auto insurance? Your situation is no different than the majority of other consumers.
There are many car insurance companies to choose from, and although it’s nice to have a choice, having more auto insurance companies makes it harder to compare company pricing.
You should take the time to compare prices once or twice a year because insurance rates trend upward over time. Even if you got the lowest rate on Probe coverage a couple years back you can probably find a lower rate today. There are lots of tips to save on auto insurance on the internet, but in a few minutes you can learn some proven techniques to find cheap auto insurance.
There are multiple methods to shop for insurance coverage, but there is one way that is less labor-intensive and much quicker. You could spend your day talking to agents in your area, or you can utilize online quotes to quickly compare rates.
Many insurance companies participate in a marketplace that enables customers to submit one quote, and at least one company then gives them pricing based on the submitted data. This eliminates the need for quote requests for each company.
To use this form to compare rates click here to open in new window.
The one downside to using this type of form is buyers cannot specifically choose which providers you want pricing from. If you prefer to choose specific insurance companies to compare, we have a listing of companies who write insurance coverage in your area. View list of insurance companies.
Whichever way you choose to compare rates, be certain you are entering exactly the same coverage information on every quote. If you have mixed coverages you will not be able to get a fair rate comparison. Having just a slight variation in coverages can make a big difference in price. Just keep in mind that quoting more increases the change that you will find the best rates.
Auto insurance companies don’t always publicize all possible discounts in a way that’s easy to find, so here is a list some of the best known as well as some of the hidden credits available to you.
A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. A few only apply to the price of certain insurance coverages like comp or med pay. Even though the math looks like all those discounts means the company will pay you, companies don’t profit that way. But all discounts will help lower your insurance premiums.
A list of companies and some of the premium reductions they offer are included below.
Before you buy a policy, ask every insurance company which credits you are entitled to. A few discounts may not be available in your area. To see providers with significant discounts, click here to view.
When buying adequate coverage for your vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions might help in determining whether your personal situation would benefit from professional advice.
If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.
It’s important that you understand the rating factors that help determine the price you pay for auto insurance. When you understand what controls the rates you pay, this enables you to make decisions that could help you find lower premium levels. Many different elements are used when you get your auto insurance bill. Some factors are common sense such as traffic violations, but other criteria are not as apparent like where you live or your financial responsibility.
Shown below are a few of the “ingredients” that factor into your prices.
Knowing the specifics of a insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring. Listed below are typical coverage types available from insurance companies.
Protection from uninsured/underinsured drivers
Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your 1991 Ford Probe.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.
Medical expense insurance
Medical payments and Personal Injury Protection insurance pay for bills for things like X-ray expenses, nursing services, prosthetic devices and hospital visits. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Comprehensive (Other than Collision)
This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims such as a broken windshield, hail damage, damage from flooding, damage from getting keyed and rock chips in glass. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Collision coverage protection
This will pay to fix damage to your Probe caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision insurance covers things like rolling your car, hitting a parking meter, colliding with a tree, damaging your car on a curb and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.
Coverage for liability
Liability insurance provides protection from damage or injury you incur to people or other property by causing an accident. This insurance 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 policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.
Liability can pay for claims such as loss of income, repair costs for stationary objects, legal defense fees, pain and suffering and attorney fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.
When getting insurance coverage quotes online, it’s not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where someone sacrificed full coverage only to discover later that the small savings ended up costing them much more. Your aim should be to buy enough coverage at the best cost, not the least amount of coverage.
In this article, we presented some good ideas how to save on 1991 Ford Probe insurance. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with some of the lesser-known companies. These companies often have lower prices on specific markets compared to the large companies like State Farm or Progressive.
Much more information about car insurance is available at these links: