No one in their right mind rejoices having to buy insurance, especially when the cost is too high. With so many online and local companies to choose from, it is very difficult to choose the lowest cost insurance provider.
Finding affordable coverage is quite easy. If you are paying for car insurance now, you should be able to lower your premiums substantially using these tips. Drivers just need to know the best way to shop their coverage around online.
Finding a better price on car insurance isn’t really that difficult. The only requirement is to spend a few minutes to compare free insurance coverage quotes to find. Comparing prices online can be done in just a few minutes using one of these methods.
To view a list of companies in your area, click here.
Which method you use is up to you, but make sure you are using apples-to-apples coverage data for every quote you compare. If each company quotes different limits and deductibles on each one then you won’t be able to make an equal comparison.
When it comes to choosing the right insurance coverage for your vehicles, there is no single plan that fits everyone. Each situation is unique so this has to be addressed. These are some specific questions can aid in determining if your insurance needs might need professional guidance.
If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.
Knowing the specifics of your auto insurance policy helps when choosing the best coverages for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on the average auto insurance policy.
Comprehensive coverage (or Other than Collision)
This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as falling objects, a broken windshield and vandalism. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision insurance pays for damage to your Phaeton from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for claims such as hitting a parking meter, rolling your car, damaging your car on a curb and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2004 Volkswagen Phaeton.
Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses like hospital visits, rehabilitation expenses and dental work. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
Liability insurance will cover injuries or damage you cause to a person or their property in an accident. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 which means 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 can pay for things like structural damage, funeral expenses, repair bills for other people’s vehicles and court costs. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.