No normal person likes having to buy car insurance, especially when they are aware that it costs too dang much. There are many insurance companies to choose from, and although it’s a good thing to be able to choose, more choices can make it harder to compare company pricing.
Choosing the best insurance company for you is easy if you know what you’re doing. If you have insurance now or need new coverage, you can use these tips to get lower rates while maintaining coverages. Drivers just need to know the most effective way to compare price quotes over the internet.
Effectively comparing insurance coverage prices can take time and effort if you don’t understand the fastest way to get free quotes. You could spend the better part of a day discussing policy coverages with insurance agencies in your area, or you can stay home and use online quoting to maximize your effort.
Most major companies are enrolled in a marketplace where insurance shoppers enter their coverage request one time, and each company can provide price quotes for coverage. This system prevents you from having to do form submissions for each company.
To participate in this free quote system, click here to start a free quote.
The one downside to using this type of form is buyers cannot specifically choose which carriers to get quotes from. So if you prefer to choose specific insurance companies to request quotes from, we have assembled a list of low cost insurance coverage companies in your area. View list of insurance companies.
Which method you use is up to you, but make sure you are using the exact same coverage data with each company. If each company quotes differing limits it will be impossible to make an equal comparison.
Car insurance companies don’t necessarily list every discount they offer very clearly, so here is a list some of the more common and also the more inconspicuous credits that you can use to lower your rates.
Discounts save money, but please remember that most discount credits are not given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think it’s possible to get free car insurance, that’s just not realistic.
To locate insurance companies who offer free insurance quotes, follow this link.
When it comes to buying coverage, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help highlight if you could use an agent’s help.
If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area. It’s fast, free and may give you better protection.
Learning about specific coverages of your auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. Shown next are the usual coverages offered by auto insurance companies.
Collision – This pays for damage to your 5 Series Gran Turismo from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for claims such as damaging your car on a curb, sideswiping another vehicle, rolling your car, colliding with another moving vehicle and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.
Liability car insurance – This protects you from damages or injuries you inflict on other’s property or people in an accident. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.
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. As an example, you may have limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.
Liability can pay for things like repair bills for other people’s vehicles, pain and suffering, funeral expenses, loss of income and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.
Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for expenses like dental work, funeral costs, chiropractic care, nursing services and EMT expenses. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM) – This provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your BMW 5 Series Gran Turismo.
Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.
Comprehensive insurance – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like a tree branch falling on your vehicle, damage from flooding, rock chips in glass and a broken windshield. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Enjoyed the article. Checking in from Tucson, Arizona. Checked online prices for a 2010 BMW 5 Series Gran Turismo. Ended up at about $120 savings annually. Went with State Farm. Was with Amica. I got a quote from their website.
Compared auto insurance prices with Allstate and Progressive but still not cheap enough.
I’m in Lincoln, NE. Not sure of all the companies but I ended up saving about $40 each month. Are quotes cheaper online?
Just my two cents. I’m in Denver, CO. Received quotes from GEICO, Eastwood, and Hanover for my BMW and I’m now saving $42 a month. Left Erie to switch. I recommend comparing lots of rates.
Where is cheaper car insurance? Live in the northern part of Las Vegas, NV. Received quotes with GEICO, Hanover, and Erie for my BMW and cut my rates about $310 a year. Have an at-fault accident tho. I used their website to get prices.
Great site. I’m in the west part of Bismarck, ND. Quoted quotes with Allstate, AAA, and some I forget for my 5 Series Gran Turismo and saved just over $370 a year. My new agent seems to be really good. They have free quotes online.
From Parkersburg, WV. Quoted quotes from AIG Insurance, Esurance, and MetLife for my BMW and I’m now saving $32 a month. I get a discount for insuring multiple vehicles.
Too expensive. I ride a bike.
From Frederick, MD. Got car insurance quotes from GEICO, Esurance, and Hanover for my 5 Series Gran Turismo and I’m now saving $63 a month. Good savings if you bundle.