Are you tired of not being able to afford to buy car insurance? You have the same problem as many other consumers. Drivers have many insurance companies to choose from, and though it is a good thing to have a selection, more choices can make it harder to find a good deal.
Consumers should take time to get comparison quotes periodically because insurance prices are constantly changing. Just because you had the best deal on Five Hundred coverage a couple years back you may be paying too much now. You’ll find a ton of advice on car insurance out there, but in just a couple of minutes you can learn some of the best techniques to find cheap car insurance.
Finding the best rates is not rocket science. If you have a current car insurance policy or are shopping for new coverage, you can follow these tips to get lower rates while maximizing coverage. Consumers just need to know how to compare rates online.
Finding a lower price on 1993 Ford Five Hundred insurance can be surprisingly simple. You just have to take time comparing price quotes online with multiple companies. It’s really simple and can be done in a couple of different ways.
For a list of companies in your area, click here.
Whichever way you use, try to keep apples-to-apples coverage limits and deductibles with every price quote. If you have different limits and deductibles on each one it will be nearly impossible to determine which company has the best rates.
Car insurance is expensive, but you might be missing out on some discounts that could drop your premiums quite a bit. Most are applied when you purchase, but once in a while a discount must be asked about before they will apply.
While discounts sound great, it’s important to understand that most credits do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. If you do the math and it seems like it’s possible to get free car insurance, that’s just not realistic. But any discount will reduce your car insurance premiums.
A list of companies and a summarized list of policyholder discounts can be found below.
When comparing rates, check with each company which discounts they offer. Discounts may not be offered in your area. For a list of car insurance companies with the best discounts, click here to view.
When buying proper insurance coverage, there really is not a single plan that fits everyone. Each situation is unique so this has to be addressed. Here are some questions about coverages that might point out whether or not you could use an agent’s help.
If you can’t answer these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and may give you better protection.
Learning about specific coverages of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages available from insurance companies.
Collision insurance pays for damage to your Five Hundred resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things like rolling your car, scraping a guard rail, colliding with another moving vehicle and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.
Protection from uninsured/underinsured drivers
This gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as damage to your Ford Five Hundred.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
This coverage can cover injuries or damage you cause to other’s property or people by causing an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage pays for claims like court costs, loss of income and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.
Comprehensive (Other than Collision)
This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as damage from flooding, a broken windshield, hitting a deer, theft and falling objects. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage pay for bills such as ambulance fees, hospital visits, nursing services and pain medications. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage