Are you drained from sacrificing other expenses each month for car insurance? You are in the same boat as many other vehicle owners.
Online insurance companies like Progressive, State Farm and Geico continually hit you with catchy ads and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.
It’s a great practice to quote other rates at least once a year because prices are usually higher with each renewal. Just because you had the best deal on Range Rover coverage a couple years back you can probably find a lower rate today. There is a lot of bad advice regarding car insurance on the web, but you can learn some guaranteed methods to lower your car insurance premiums.
If you currently have car insurance, you will most likely be able to save some money using these techniques. Buying car insurance is not that difficult. Although consumers must understand the methods companies use to price insurance differently and use this information to your advantage.
Companies don’t always list every disount available very well, so the next list breaks down some of the more common and the harder-to-find discounts you could be receiving when you buy insurance online.
Just know that some of the credits will not apply the the whole policy. A few only apply to the cost of specific coverages such as liability and collision coverage. Even though the math looks like having all the discounts means you get insurance for free, it doesn’t quite work that way.
Auto insurance companies that may offer quotes with these benefits include:
Check with each company the best way to save money. Discounts might not be offered on policies in your area. If you would like to choose from a list of insurance companies who offer free insurance quotes, follow this link.
The are a couple different ways to compare quotes from many different insurance companies. The easiest way by far to comparison shop is to use the internet to compare rates. It’s really quite simple and can be done by using one of the methods below.
The easiest and least time consuming way to compare a lot of rates at once would be an industry-wide quote request form like this one (opens in new window). This style of form eliminates the need for a different quote for every company. One form submission gets prices estimates from many national carriers.
A harder way to analyze rates requires visiting the website for every company you want to comare and repeat the quote process again and again. For instance, we’ll assume you want to compare rates from Liberty Mutual, Geico and Allstate. You would be required to visit each site and enter your information, which is not fast way to get rate quotes. For a handy list of car insurance company links in your area, click here.
You can choose any of those ways to find more affodable coverage, but double check that you are using the exact same quote information for each quote you get. If the quotes have different values for each quote it will be next to impossible to get a fair rate comparison. Even a minor difference in limits can mean a large discrepancy in price. And when comparison shopping, getting more free quotes gives you a better chance of getting better pricing. Not every company does prices over the internet, so you also need to get price quotes on coverage from those companies, too.
Many factors are used in the calculation when pricing auto insurance. Some are pretty understandable like a motor vehicle report, but others are not as apparent like where you live or your vehicle rating.
When it comes to buying adequate coverage, there isn’t really a best way to insure your cars. Every situation is different so your insurance should reflect that Here are some questions about coverages that may help you determine whether or not you would benefit from an agent’s advice.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.
Knowing the specifics of your car insurance policy can be of help when determining the best coverages and proper limits and deductibles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages available from car insurance companies.
Collision insurance
This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for claims such as hitting a mailbox, sustaining damage from a pot hole and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.
Uninsured or underinsured coverage
Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and also any damage incurred to your 2007 Land Rover Range Rover.
Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Medical expense coverage
Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like nursing services, X-ray expenses, doctor visits and dental work. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants as well as 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
Comprehensive protection
Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive insurance covers things like theft, damage from getting keyed, damage from flooding and falling objects. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Auto liability
Liability insurance protects you from damages or injuries you inflict on other’s property or people by causing an accident. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Some companies may use a combined limit which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage pays for things like bail bonds, repair costs for stationary objects and emergency aid. How much coverage you buy is your choice, but buy as large an amount as possible.
When getting insurance quotes online, it’s not a good idea to reduce needed coverages to save money. Too many times, an accident victim reduced physical damage coverage and discovered at claim time that the small savings ended up costing them much more. Your strategy should be to purchase a proper amount of coverage at the best possible price, but do not skimp to save money.
We just covered a lot of techniques to save on 2007 Land Rover Range Rover insurance. The key concept to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may even discover the lowest prices are with an unexpected company. Regional companies may only write in your state and offer lower rates as compared to the big name companies such as State Farm, Geico and Nationwide.
To learn more, feel free to visit the resources below:
Corina Greene
What is comprehensive coverage?
Meggan Rogers
Mine is so expensive. Got a quote with Liberty Mutual for my 2007 Land Rover Range Rover and cut my rates about $390 a year. Was with Mercury. Not sure if rates are cheaper online or not.
Zoe Hickman
What is Underinsured Motorist coverage?
Kyra Greer
If you have a good history and live around Jersey City, NJ, check out GEICO. You might get cheaper rates. Thankfully I have a good driving record. You can get a rate quote online.
Wesley Manning
Liked the article. Went with AAA for my 2007 Land Rover Range Rover and am saving around $390 a year. Just waiting to see how claims go.
Yasmine Hancock
Does GEICO settle claims fairly?
Jone Booth
If you have a clean record and are close to Birmingham, AL, check out Allstate. I saved quite a bit. Left GMAC to switch. Got better coverage too. :P
Annett Calhoun
Anyone compare Progressive and Allstate rates in Providence, Rhode Island?
Lucy Pope
It’s all a rip off. Lifelong resident of Lewiston, ME. Quoted rates from Travelers, AAA, GMAC, and Sentry for my Land Rover and I’m now saving $37 a month. Insured with USAA before. They have a lot of discounts available. I quoted rates online then called them.
Virgilio Crosby
From a town just southwest of Missoula, MT. Quoted quotes with USAA, American Family, Hanover, and Sentry for my Range Rover and saved just over $310 a year. Online quotes are the way to go.
Darline Black
Found cheapest coverage with State Farm for my 2007 Land Rover Range Rover and saved around $120 a year. My new agent seems to be really good.
Zonia Carson
Affordable car insurance is a myth. Checking in from Paterson, NJ. Got free quotes online for a 2007 Land Rover Range Rover. Ended up at about $300 savings annually. Went with State Farm. They were helpful in switching over.