Cheaper 2011 Land Rover LR4 Car Insurance Rates

Nobody I know rejoices having to buy insurance, especially when the prices are way too high. Because you have many options, it is hard for the average consumer to find the right insurance provider.

It’s important to compare prices periodically because prices trend upward over time. If you had the lowest rate on LR4 insurance a year ago there is a good chance you can find better premium rates now. Block out anything you think you know about insurance because it’s time to teach you one of the quickest ways to lower your annual insurance bill.

How much is car insurance?

Finding a lower price on 2011 Land Rover LR4 insurance can be surprisingly simple. The only thing you need to do is take the time comparing price quotes from different insurance companies. You can get a good selection of rate quotes by following the guidelines below.

1. Probably the best way to get quotes would be an industry-wide quote request form like this one (opens in new window). This easy form eliminates the need for repetitive form submissions for every car insurance company. A single form gets you price quotes from multiple low-cost companies.
2. A more difficult way to compare prices requires you to visit each individual company website and request a quote. For examples sake, let’s say you want comparison quotes from Auto-Owners, Esurance and Allstate. To find out each rate you need to take the time to go to each site to enter your coverage information, which is why most consumers use the first method. For a list of companies in your area, click here.

The approach you take is up to you, just be sure to compare the same quote data for each quote you get. If each company quotes differing limits you will not be able to find the best deal for your Land Rover LR4.

Use discounts to get cheaper insurance coverage quotes

Properly insuring your vehicles can get expensive, but companies offer discounts to reduce the price significantly. A few discounts will automatically apply when you quote, but less common discounts must be requested specifically prior to getting the savings.

• Driver’s Education for Students – Teen drivers should take driver’s ed class in high school.
• Home Ownership Discount – Being a homeowner can earn you a little savings because maintaining a house requires a higher level of personal finance.
• Defensive Driver Discount – Taking time to complete a course that instructs on driving safety may get you a small discount if your company offers it.
• Telematics Data Discounts – Drivers that enable their insurance company to scrutinize vehicle usage remotely such as Drivewise from Allstate or Snapshot from Progressive might see lower rates as long as they are good drivers.
• Bundle and Save – If you combine your auto and home policies and place coverage with the same company they may give you a discount of up to 20% off your total premium.
• Memberships – Affiliation with a civic or occupational organization is a good way to get lower rates when getting a auto insurance quote.
• Full Payment Discount – By making one initial payment rather than spreading payments over time you can actually save on your bill.
• Good Grades Discount – This discount can save 20 to 25%. This discount can apply up until you turn 25.

One last thing about discounts, some credits don’t apply to the entire policy premium. Some only apply to individual premiums such as collision or personal injury protection. Just because you may think you could get a free insurance coverage policy, it just doesn’t work that way.

A few of the larger companies and some of the premium reductions they offer are detailed below.

• Progressive includes discounts for homeowner, online quote discount, online signing, continuous coverage, multi-policy, multi-vehicle, and good student.
• SAFECO offers premium reductions for accident prevention training, anti-lock brakes, safe driver, teen safety rewards, anti-theft, and teen safe driver.
• American Family has discounts for defensive driver, mySafetyValet, early bird, good student, bundled insurance, Steer into Savings, and accident-free.
• MetLife offers discounts for accident-free, defensive driver, multi-policy, claim-free, good student, good driver
• Geico policyholders can earn discounts including air bags, good student, federal employee, military active duty, multi-policy, and defensive driver.
• The Hartford may have discounts that include air bag, good student, vehicle fuel type, defensive driver, and bundle.

Check with each company to apply every possible discount. Some discounts listed above might not be offered in your area. To find insurers that offer many of these discounts, follow this link.

How you can control Land Rover LR4 insurance rates

Lots of factors are considered when quoting car insurance. Some are obvious like a motor vehicle report, but other criteria are less apparent such as whether you are married or your financial responsibility.One of the most helpful ways to save on insurance coverage is to to have a grasp of the rating factors that help calculate your policy premiums. When you know what positively or negatively determines premiums, this helps enable you to make changes that may result in cheaper rates.

The factors shown below are a few of the “ingredients” insurance coverage companies consider when setting your prices.

• Don’t skimp on liability – Your policy’s liability coverage will protect you in the event that you are ruled to be at fault for causing damage or personal injury in an accident. Your liability coverage provides legal defense coverage starting from day one. It is affordable coverage as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
• GPS tracking and theft deterrents reduce rates – Selecting a car model with an alarm system can help bring down rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft and help lower rates.
• Multi-policy discounts can save money – Lots of insurance companies will give lower prices to customers that purchase more than one policy such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. Even if you qualify for this discount already, consumers should still compare other insurance prices to ensure the best deal.
• Employer can influence prices – Did you know that where you work can have an impact on rates? Jobs like judgespolice officers and financial analysts usually pay higher premium rates in part from stressful work requirements and incredibly demanding work hours. Conversely, professions such as professors, historians and homemakers have the lowest average rates on LR4 insurance.
• Guys pay higher rates – Statistics demonstrate that women are safer drivers than men. The data does not necessarily mean that men are WORSE drivers than women. Females and males are in auto accidents at about the same rate, but the males have costlier accidents. Not only that, but men also receive more major tickets like driving under the influence (DUI). Young males generally have the highest accident percentage and therefore are the most expensive to insure.
• Your location is important – Living in smaller towns and rural areas of the country has it’s advantages when buying insurance coverage. Fewer people translates into fewer accident claims. Drivers in populated areas regularly have traffic congestion and a longer drive to work. More time behind the wheel means more chances of being involved in an auto accident.
• Get better rates if married – Being married may cut your premiums on insurance coverage. It generally demonstrates drivers are more financially stable and insurance companies like that drivers who are married are more cautious.

Tailor your auto insurance coverage to you

When choosing proper insurance coverage for your personal vehicles, there really is no cookie cutter policy. Every situation is different so your insurance should reflect that For example, these questions can aid in determining if your situation might need an agent’s assistance.

• Is my state a no-fault state?
• Is my 2011 Land Rover LR4 covered for smoke damage?
• Am I covered if I hit my neighbor’s mailbox?
• What exactly is covered by my policy?
• How many claims can I have before being cancelled?
• When should I not file a claim?
• Do I have coverage when using my vehicle for my home business?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Advertising myths

Consumers get pounded daily by advertisements for cheaper insurance from companies such as Progressive, Geico, Allstate and State Farm. They all seem to make the point that you’ll save big after switching your policy.

How is it possible that every company can say the same thing? It’s all in how they say it.

All companies have specific criteria for the right customer that will be a good risk. For instance, this type of risk profile might be over the age of 50, owns their home, and drives less than 7,500 miles a year. Someone who fits that profile will probably get the lowest car insurance rates and have a good chance to save when switching.

Drivers who don’t measure up to this ideal profile may be required to pay a more expensive rate which usually ends up with the customer not buying. If you listen closely, the ads state “customers that switch” not “everyone who quotes” save that much money. That’s the way companies can advertise the way they do.

Because each company has a different risk profile, you really should get auto insurance quotes from several different companies. Because you never know which insurance company will have the best rates for your profile.

Auto insurance coverages

Knowing the specifics of your car insurance policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverages available from car insurance companies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your 2011 Land Rover LR4.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Collision protection

This pays for damage to your LR4 resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like damaging your car on a curb, driving through your garage door, crashing into a ditch and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like fire damage, hitting a bird, theft and damage from flooding. The maximum amount your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as EMT expenses, rehabilitation expenses, nursing services and hospital visits. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Liability coverage

This provides protection from damage or injury you incur to other’s property or people. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like pain and suffering, medical services, bail bonds, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

More comparisons equals lower rates

While you’re price shopping online, make sure you don’t reduce needed coverages to save money. In too many instances, drivers have reduced collision coverage and discovered at claim time that it was a big mistake. The aim is to buy the best coverage you can find for the lowest price, but do not sacrifice coverage to save money.

Some insurance companies may not have online price quotes and these small insurance companies provide coverage only through independent insurance agencies. Lower-priced 2011 Land Rover LR4 insurance can be bought online and from local agencies, and you need to comparison shop both to have the best chance of lowering rates.

Much more information about auto insurance can be read below:

• Smart Auto Insurance Tips (Insurance Information Insitute)
• Choosing a Car for Your Teen (State Farm)
• Auto Theft Statistics (Insurance Information Insitute)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)
• Child Safety Seats (Insurance Information Insitute)