Pricey Ford F-350 Super Duty insurance can overdraw your checking account and force you to prioritize other expenses. Doing a rate comparison is an excellent way to tighten up your finances.
Consumers have multiple car insurance companies to purchase coverage from, and although it’s a good thing to have a choice, having more insurers makes it harder to compare company pricing.
Companies offering auto insurance don’t always list every available discount very well, so the below list has some of the more common and the more hidden discounts that may be available.
Discounts save money, but please remember that some credits don’t apply to all coverage premiums. Most only reduce specific coverage prices like medical payments or collision. If you do the math and it seems like all the discounts add up to a free policy, you won’t be that lucky.
A few of the larger companies and a selection of discounts are included below.
When getting free auto insurance quotes, it’s a good idea to all companies you are considering how many discounts you can get. Some discounts listed above may not be available in your area. To choose companies offering car insurance discounts, follow this link.
Multiple criteria are taken into consideration when pricing auto insurance. Some are obvious such as your driving history, but others are not quite as obvious such as your marital status or your vehicle rating.Smart consumers have a good feel for a few of the rating criteria that go into determining the rates you pay for auto insurance. When you know what positively or negatively influences your rates, this empowers consumers to make smart changes that can help you get lower rates.
When it comes to buying proper insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different so this has to be addressed. These are some specific questions can aid in determining if you could use an agent’s help.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, free and can help protect your family.
Learning about specific coverages of your policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are the normal coverages found on most car insurance policies.
Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against claims like damage from getting keyed, falling objects, hitting a bird, rock chips in glass and theft. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Liability insurance – This coverage protects you from damage or injury you incur to people or other property that is your fault. This coverage protects you from claims by other people. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.
Liability coverage protects against claims like funeral expenses, emergency aid, attorney fees, legal defense fees and medical services. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Insurance for medical payments – Med pay and PIP coverage kick in for expenses like nursing services, ambulance fees, rehabilitation expenses, hospital visits and doctor visits. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things such as colliding with another moving vehicle, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
Some companies do not provide online price quotes and most of the time these smaller providers only sell through local independent agents. Lower-priced auto insurance can be sourced from both online companies in addition to many insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from.
When you buy auto insurance online, never skimp on critical coverages to save a buck or two. In many instances, drivers have reduced liability coverage limits and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to buy a smart amount of coverage at the lowest possible cost, but don’t skip important coverages to save money.
Additional auto insurance information can be read at the links below