If online car insurance comparisons are new to you, you can be confused thanks to the incredible selection of insurance providers all advertising big savings.
It’s a great practice to take a look at other company’s rates as often as possible because car insurance rates are usually higher with each renewal. If you had the best premium rates for Savana insurance last year you can probably find a lower rate today. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the best methods to find better coverage at a better price.
The best way we recommend to compare car insurance rates is to know the fact all the major auto insurance companies have advanced systems to provide you with a free rate quote. All consumers are required to do is spend a couple of minutes providing details such as the make and model of your vehicles, whether or not you need a SR-22, how old drivers are, and if you’re married. Your insurance information is submitted instantly to multiple insurance providers and they return cost estimate almost instantly.
When buying the right insurance coverage, there is no one size fits all plan. Your needs are not the same as everyone else’s.
For instance, these questions could help you determine whether you might need an agent’s assistance.
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form.
Learning about specific coverages of auto insurance can be of help when determining the right coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy.
Collision coverages – This coverage pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision can pay for things such as rolling your car, backing into a parked car, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.
Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Coverage for liability – Liability insurance provides protection from damage that occurs to other’s property or people in an accident. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of 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 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.
Liability coverage pays for claims such as pain and suffering, emergency aid and structural damage. The amount of liability coverage you purchase is a personal decision, but consider buying as much as you can afford.
Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like damage from flooding, falling objects and vandalism. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for expenses for doctor visits, EMT expenses and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage