If price shopping auto insurance quotes online is new to you, by this point your are probably overwhelmed due to the large number of car insurance companies that all promise the best rates.
Car insurance can cost a lot, but you might already qualify for some discounts to help bring down the price. Certain discounts will be triggered automatically when you complete an application, but once in a while a discount must be specifically requested prior to receiving the credit. If you’re not getting every credit you qualify for, you may be paying too high a price.
While discounts sound great, it’s important to understand that most discount credits are not given to your bottom line cost. Most cut specific coverage prices like comprehensive or collision. Even though it appears adding up those discounts means a free policy, company stockholders wouldn’t be very happy.
Larger auto insurance companies and the discounts they provide are outlined below.
Before buying, ask every insurance company which discounts they offer. A few discounts may not apply in your area.
When buying the right insurance coverage for your personal vehicles, there is no single plan that fits everyone. Everyone’s needs are different.
For example, these questions can aid in determining if you might need an agent’s assistance.
If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Knowing the specifics of your insurance policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.
Comprehensive insurance – This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims like hail damage, falling objects, a broken windshield and vandalism. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Liability auto insurance – This coverage protects you from damages or injuries you inflict on people or other property. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.
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 policy limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.
Liability can pay for things like attorney fees, pain and suffering, repair costs for stationary objects and funeral expenses. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2006 Bentley Continental GT.
Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.
Collision coverage – Collision coverage covers damage to your Continental GT from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as scraping a guard rail, rolling your car, sideswiping another vehicle, colliding with another moving vehicle and crashing into a building. 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 bump up the deductible in order to get cheaper collision rates.
Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for immediate expenses such as rehabilitation expenses, chiropractic care, hospital visits, EMT expenses and pain medications. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Some insurance coverage companies may not provide rates over the internet and usually these small insurance companies provide coverage only through independent insurance agencies. Cheap 2006 Bentley Continental GT insurance can be sourced from both online companies as well as from insurance agents, and you need to comparison shop both in order to have the best price selection to choose from.
People leave their current company for any number of reasons including extreme rates for teen drivers, policy non-renewal, lack of trust in their agent and even being labeled a high risk driver. No matter why you want to switch, switching companies can be easy and end up saving you some money.
As you shop your coverage around, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed comprehensive coverage or liability limits only to find out they didn’t have enough coverage. Your aim should be to buy a smart amount of coverage for the lowest cost and still be able to protect your assets.
For more information, feel free to browse the resources below: