Did budget coverage turn out to be overpriced insurance? Don’t sweat it because many drivers have buyer’s remorse. Many auto insurance companies compete to insure your vehicles, so it’s not easy to compare every insurance company to get the best rates possible.
If you have a current auto insurance policy or need a new policy, you can follow these tips to get lower rates and still get good coverage. Finding the best rates is not that difficult. Drivers only need to know the proper methods to get comparison rates online.
There are a lot of ways to shop for auto insurance, and some are more efficient than others. You could waste time talking about coverages with local insurance agents in your area, or you can stay home and use the web to get rate comparisons in just a few minutes.
Most of the best insurance companies participate in a marketplace where insurance shoppers enter their coverage request one time, and every company returns a rated price. This saves time by eliminating quote requests to each individual auto insurance company.
To access this free quoting program, click here to start a free quote.
The one disadvantage to comparing rates this way is that consumers can’t choose the providers to get quotes from. So if you prefer to pick individual companies to compare, we have a page of low cost auto insurance companies in your area. Click here to view list.
Take whichever approach you prefer, but double check that you are using the same information for every company. If you are comparing mixed coverages then you won’t be able to find the best deal for your Suzuki Samurai.
Not many people think insurance is cheap, but you can get discounts that you may not even be aware of. Many of these discounts will be applied automatically when you quote, but some may not be applied and must be inquired about before they will apply.
It’s important to note that most discount credits are not given to the entire cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Even though it appears adding up those discounts means a free policy, it’s just not the way it works.
A few popular companies and a partial list of their discounts are detailed below.
Before you buy a policy, ask all companies you are considering to apply every possible discount. All car insurance discounts may not apply to policies in your state.
When buying coverage for your personal vehicles, there is no “perfect” insurance plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions can help discover if your insurance needs may require specific advice.
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.
Learning about specific coverages of your insurance policy aids in choosing appropriate coverage for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.
Uninsured or underinsured coverage
Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your 1993 Suzuki Samurai.
Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Most of the time these limits are identical to your policy’s liability coverage.
Medical expense coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like EMT expenses, funeral costs, X-ray expenses and surgery. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like rock chips in glass, hitting a bird, falling objects and fire damage. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Liability coverage protects you from injuries or damage you cause to other’s property or people that is your fault. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have 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 can pay for things like loss of income, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.
Collision coverage protection
Collision coverage covers damage to your Samurai resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims like hitting a parking meter, crashing into a ditch, driving through your garage door, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.
When shopping online for insurance coverage, don’t be tempted to buy lower coverage limits just to save a few bucks. In many instances, someone dropped comprehensive coverage or liability limits only to regret they didn’t purchase enough coverage. Your goal should be to purchase a proper amount of coverage for the lowest cost but still have enough coverage for asset protection.
We’ve covered quite a bit of information on how to lower your 1993 Suzuki Samurai insurance premium rates. The most important thing to understand is the more rate quotes you have, the better likelihood of getting cheaper insurance coverage. Consumers may even find the most savings is with a small local company. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as Allstate and Progressive.