Lower Your 2004 Suzuki Verona Insurance Cost

Have you had enough of sacrificing to insure your Suzuki every month? You are in the same boat as the majority of other vehicle owners. Many auto insurance companies vie for your insurance dollar, so it’s not easy to compare every insurer and uncover the absolute lowest rate

Where can I get cheap insurance coverage?

Finding a better price on insurance coverage can be surprisingly simple. All you need to do is take the time to get quotes from online providers. This can easily be done in several different ways.

The best way to get quotes is an all-inclusive rate comparison click to view form in new window. This method keeps you from doing a different quote for each price estimate. One quote request gets insurance cost estimates direct from many companies.

Another way to compare rate quotes requires visiting the website of each company to request a price quote. For example, we’ll assume you want rates from Auto-Owners, Esurance and Geico. To do that, you would have to visit each site and repeatedly type in your coverage information, which is why most consumers use the first method.

For a list of links to companies insuring cars in your area, click here.

It doesn’t matter which method you choose, just be certain you are entering identical coverage limits with every price quote. If your comparisons have higher or lower deductibles it’s impossible to get a fair rate comparison.

Advertising myths

Consumers can’t get away from all the ads for the lowest price auto insurance from companies such as 21st Century, Allstate and State Farm. All the ads try to convey promises that you’ll save big if you just switch your auto insurance policy to them.

How does every auto insurance company offer drivers better rates? It’s all in how they say it.

Insurance providers give the cheapest rates for the type of driver that earns them the most money. For example, this type of insured should be over the age of 40, has no prior claims, and drives a safe vehicle. Any customer that meets those criteria will get low prices as well as save when they switch companies.

Potential insureds who don’t meet these criteria will be charged a more expensive rate which results in the customer buying from someone else. If you listen closely, the ads state “customers who switch” not “all people who quote” save that kind of money. That’s the way insurance companies can confidently make those statements. Each company has different criteria, so it’s extremely important to do a price quote comparison at every renewal. Because without a comparison, you cannot know which auto insurance company will have the best premium rates at this point in time.

Informed consumers save every year

Many things are used in the calculation when premium rates are determined. Some are pretty understandable like a motor vehicle report, but others are less obvious such as your credit history and annual miles driven.

• Never let your policy expire – Having a lapse in insurance coverage is a sure-fire way to trigger a rate increase. In addition to paying higher rates, not being able to provide proof of insurance may result in a steep fine or even jail time. You could then be forced to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
• Frequent insurance claims increase insurance coverage rates – If you’re an insured who likes to file claims you shouldn’t be surprised to get either policy cancellation or increased premiums. Car insurance companies give the lowest premiums to people who file claims infrequently. Auto insurance is designed for claims that pose a financial burden.
• Your liability insurance limits – Liability insurance provides coverage when you are ruled to be at fault for damages from an accident. It provides legal defense to defend your case. This coverage is very inexpensive compared to physical damage coverage, so do not cut corners here.
• Get married and get cheaper rates – Having a significant other may save some money on your insurance coverage policy. Having a significant other generally demonstrates drivers are less irresponsible and it’s statistically proven that married couples file fewer claims.

Take policy discounts and save

Some insurers don’t list every discount very clearly, so the following is a list of both the well known and also the more inconspicuous savings tricks you should be using when you buy auto insurance online. If you do not check that you are getting every discount you deserve, you’re paying more than you need to.

• Senior Citizen Rates – Seniors could receive a slight reduction on a auto insurance quote for Verona insurance.
• ABS and Traction Control Discounts – Cars with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
• Paperless Signup – A few larger companies provide a small discount simply for signing online.
• Savings for New Vehicles – Insuring a vehicle that is new can save up to 30% due to better safety requirements for new model year vehicles.
• Student in College – Youth drivers who are enrolled in higher education away from home and leave their car at home could get you a discount.
• Clubs and Organizations – Being in qualifying clubs or civic groups could qualify you for a break on your bill.
• Own a Home – Owning a home can save you money because it shows financial diligence.
• Theft Deterent System – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and that can save you a little bit as well.

As a disclaimer on discounts, most of the big mark downs will not be given the the whole policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. Despite the appearance that adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

A few popular companies and some of their more popular discounts are detailed below.

• Geico offers premium reductions for seat belt use, five-year accident-free, multi-vehicle, membership and employees, federal employee, and good student.
• Mercury Insurance may include discounts for accident-free, good driver, annual mileage, ease of repair, type of vehicle, anti-theft, and multi-policy.
• Farmers Insurance policyholders can earn discounts including youthful driver, electronic funds transfer, business and professional, teen driver, homeowner, switch companies, and alternative fuel.
• Auto-Owners Insurance offers discounts including paperless, safe driver, paid in full, anti-lock brakes, multiple vehicles, and group or association.
• Liberty Mutual has savings for new move discount, new vehicle discount, multi-policy, new graduate, exclusive group savings, hybrid vehicle, and preferred payment discount.
• SAFECO may offer discounts for accident prevention training, anti-lock brakes, teen safe driver, drive less, and safe driver.
• Progressive offers discounts for good student, online quote discount, continuous coverage, online signing, homeowner, multi-vehicle, and multi-policy.
• USAA includes discounts for military installation, driver training, multi-policy, good student, new vehicle, and defensive driver.

If you need lower rates, check with every prospective company which discounts can lower your rates. Some of the earlier mentioned discounts may not apply to policies everywhere. If you would like to choose from a list of insurance companies that offer many of these discounts, click this link.

Which policy gives me the best coverage?

When buying the best insurance coverage, there is no cookie cutter policy. Everyone’s needs are different and your policy should reflect that. For instance, these questions can aid in determining whether you would benefit from an agent’s advice.

• Does coverage extend to my business vehicle?
• Do I have any recourse if my insurance company denies a claim?
• When should my teen driver be added to my policy?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Who is covered by my policy?
• Am I covered if I hit a deer?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Can I pay claims out-of-pocket if I buy high deductibles?
• What is no-fault insurance?
• When can my company non-renew my policy?

If you can’t answer these questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Coverage specifics

Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. Insurance terms can be confusing and reading a policy is terribly boring. Listed below are the normal coverages offered by insurance companies.

Liability auto insurance – This provides protection from damage that occurs to other’s property or people. It protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for things such as court costs, funeral expenses, repair bills for other people’s vehicles, repair costs for stationary objects and emergency aid. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Comprehensive protection – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like vandalism, damage from getting keyed and falling objects. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured or underinsured coverage – This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Suzuki Verona.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like scraping a guard rail, hitting a mailbox, sideswiping another vehicle, driving through your garage door and hitting a parking meter. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for things like nursing services, surgery, X-ray expenses and hospital visits. The coverages can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Coverage on a shoestring budget

In this article, we presented many tips how you can save on 2004 Suzuki Verona insurance. It’s most important to understand that the more companies you get auto insurance rates for, the better your comparison will be. Consumers may even find the best price on car insurance is with a small local company. Some small companies may have significantly lower auto insurance rates on certain market segments than the large multi-state companies such as Allstate and Progressive.

Cost effective 2004 Suzuki Verona insurance can be sourced online and from local agencies, so you should compare both to have the best selection. Some insurance companies do not offer the ability to get quotes online and many times these small, regional companies only sell through independent insurance agencies.

While you’re price shopping online, never skimp on coverage in order to save money. In too many instances, an insured dropped physical damage coverage and found out when filing a claim that it was a big mistake. Your aim should be to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

More tips and info about car insurance can be read at these sites:

• Teen Driving Statistics (iihs.org)
• What is Full Coverage? (Allstate)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Understanding Car Crashes Video (iihs.org)