Feel like you have an overpriced auto insurance policy? Don’t feel bad because you’re not alone. There is such a variety of insurers to buy insurance from, and although it’s a good thing to be able to choose, too many choices makes it more difficult to compare company pricing.
Car insurance can cost a lot, but you might be missing out on some discounts that you may not even know about. Some of these disounts will be visible at the time you complete a quote, but a few need to be asked for prior to receiving the credit.
A quick disclaimer, most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as comp or med pay. So even though it sounds like you can get free auto insurance, car insurance companies aren’t that generous. Any qualifying discounts will help reduce the amount you have to pay.
A list of car insurance companies and a selection of discounts are detailed below.
Check with all the companies which discounts can lower your rates. Discounts may not apply to policyholders in your area. To choose companies with the best car insurance discounts, follow this link.
When it comes to buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For example, these questions might help in determining if you would benefit from professional advice.
If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.
Consumers get pounded daily by advertisements for cheaper insurance coverage by companies like 21st Century, Allstate and State Farm. All the ads state the claim that you’ll save big just by moving to their company.
How can each company make the same claim? It’s all in the words they use.
Many companies can use profiling for the type of driver that makes them money. One example of a desirable insured could possibly be married and over the age of 30, has never had a policy lapse, and insures a new vehicle. Someone who fits those characteristics will get very good car insurance rates and will most likely save if they switch.
People who cannot meet this stringent profile may be forced to pay more expensive rates which results in the customer buying from a different company. The ad wording is “customers who switch” but not “all drivers who get quotes” save that kind of money. This is how companies can make claims that they all have the best premium rates.
That is why it’s extremely important to compare as many free insurance quotes as you can. Because you never know with any certainty which company will give you lower car insurance rates than your current company.
Having a good grasp of a car insurance policy can help you determine which coverages you need and the correct deductibles and limits. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages found on the average car insurance policy.
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for surgery, X-ray expenses, rehabilitation expenses and doctor visits. They are used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Chrysler Crossfire.
Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like theft, hail damage, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
This pays for damage to your Crossfire resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.
Collision insurance covers things such as hitting a parking meter, damaging your car on a curb, hitting a mailbox, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to bring the cost down.
This coverage provides protection from damage or injury you incur to other people or property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit without having the split limit caps.
Liability coverage pays for claims like pain and suffering, attorney fees, bail bonds and emergency aid. How much coverage you buy is up to you, but consider buying higher limits if possible.
Lower-priced auto insurance is definitely available on the web and from local agencies, so you need to shop insurance with both so you have a total pricing picture. Some companies don’t offer price quotes online and many times these smaller providers only sell coverage through independent agents.
We just showed you many ways to shop for 2008 Chrysler Crossfire insurance online. The key concept to understand is the more times you quote, the better chance you’ll have of finding cheaper insurance. You may even find the lowest premium rates come from a company that doesn’t do a lot of advertising. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as State Farm, Geico and Nationwide.
When buying insurance coverage, you should never skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped collision coverage only to regret at claim time that the few dollars in savings costed them thousands. The proper strategy is to purchase a proper amount of coverage for the lowest cost, but do not sacrifice coverage to save money.
Justine Shields
Cheap is relative. I live just to the south of Seattle, WA. Received quotes with AAA, Erie, and Mercury for my 2008 Chrysler Crossfire and saved $150 a year. Get lots of quotes to find the best rate.
Francoise Vasquez
From Seattle, WA. Can’t remember who all I quoted but I ended up saving about $30 each month. I just quoted rates online.
Millard Santiago
This is too expensive. Quoted with Erie for my Crossfire and saved around $500 a year. Left Erie to switch. Switched homeowners coverage too. I used their online quote form to compare rates.
Branden Shannon
Cheaper car insurance is a myth. I’m in the north part of New Haven, CT. Received prices from GEICO, Esurance, and GMAC for my Chrysler and saved just over $90 a year. Left Nationwide to switch.
Kesha Hall
Liked the article. I live on the south side of Cranston, Rhode Island. Got rates from American Family, MetLife, and a few others for my Chrysler and saved $190 a year. Insured with Hanover before.
Shyla Moon
Lots of useful info here. I live just to the west of Oklahoma City, OK. Compared rates from a lot of places. Saved darn near $20 a month. Progressive was the cheapest for me. I have several vehicles insured with them.
Loyd Conrad
Will Progressive do a SR22 in San Antonio, Texas?
Matthew Cabrera
All companies are crooks. Located in Miami, FL. I quoted with The General, AAA, MetLife, and a couple others for my 2008 Chrysler Crossfire and am saving around $570 a year. I’m a pretty good driver though. Not sure about claim service.
Bennie Mcneil
Progressive was cheapest for my 2008 Chrysler Crossfire in Phoenix, AZ.
Merlin Mcbride
If you have a clean record and live around Norman, OK, check out State Farm. They seem to be cheaper. Was with AIG Insurance. Good savings if you bundle.
Regenia Wise
All companies are crooks. I live in a small town just outside of Fort Smith, AR. Not sure of all the companies but I ended up saving about $60 each month. It’s still not cheap enough.
Dalene Webb
Got pretty cheap 2008 Chrysler Crossfire insurance from Allstate in San Diego, CA.