There isn’t anyone who is fond of buying car insurance, particularly when the cost is too high. Big-name insurance companies like Progressive, GEICO and Farmers Insurance all claim big savings, bombarding you with fancy advertisements and it is challenging if not impossible to ignore the propoganda and take the time to shop coverage around.
You should make it a habit to compare rates yearly because prices go up and down regularly. Just because you found the best rate on Viper coverage a few years ago a different company probably has better premium rates today. There are a lot of ways to save on car insurance on the internet, but we’re going to give you some solid techniques on how to put money back in your pocket.
There are multiple methods to compare car insurance quotes, but some are less labor-intensive and much quicker. You could spend your day discussing policy coverages with local insurance agents in your area, or you could save time and use the internet to maximize your effort.
Many of the larger companies enroll in a system where prospective buyers submit their information once, and at least one company returns a rated price based on that information. This saves time by eliminating quote requests for each company.
To compare rates using this form now click here (opens in new window).
The one downside to doing it this way is that consumers can’t choose which insurance companies you want pricing from. So if you prefer to choose from a list of companies to request quotes from, we have a page of low cost car insurance companies in your area. Click to view list.
Take whichever approach you prefer, but do your best to use equivalent coverage information on every quote. If your comparisons have different data it’s not possible to determine which rate is truly the best.
The cost of insuring your cars can be expensive, but there could be significant discounts to help offset the cost. Certain discounts will be applied at quote time, but less common discounts must be manually applied prior to receiving the credit.
It’s important to note that some credits don’t apply to all coverage premiums. A few only apply to individual premiums such as liability and collision coverage. Despite the fact that it seems like you would end up receiving a 100% discount, you won’t be that lucky. Any amount of discount will reduce your policy premiums.
If you would like to view companies who offer auto insurance discounts, follow this link.
When choosing coverage, there really is not a perfect coverage plan. Each situation is unique so this has to be addressed. Here are some questions about coverages that can help discover if your situation may require specific advice.
If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.
Having a good grasp of insurance can help you determine appropriate coverage for your vehicles. Insurance terms can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages found on the average insurance policy.
Uninsured/Underinsured Motorist coverage – This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Dodge Viper.
Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.
Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance provide coverage for expenses for EMT expenses, dental work, hospital visits, chiropractic care and doctor visits. They are used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage
Comprehensive coverage – This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as vandalism, damage from getting keyed, rock chips in glass, hitting a bird and hail damage. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Collision – This coverage covers damage to your Viper resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things like damaging your car on a curb, colliding with another moving vehicle, hitting a parking meter, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.
Liability – This coverage will cover damage that occurs to other people or property by causing an accident. It protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.
Liability coverage protects against things such as emergency aid, repair costs for stationary objects, medical expenses, attorney fees and court costs. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.
You just learned a lot of tips how to compare 2004 Dodge Viper insurance rates online. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding low cost auto insurance. You may even discover the best rates are with a small mutual company. Smaller companies may only write in your state and offer lower car insurance rates than the large multi-state companies such as Allstate and Progressive.
While you’re price shopping online, do not reduce coverage to reduce premium. In too many instances, an insured cut comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. Your goal should be to get the best coverage possible at the best cost but still have enough coverage for asset protection.
Much more information about auto insurance is located below: