Expensive auto insurance can eat up your bank account and force you to cut corners elsewhere. Shopping your coverage around is a great way to tighten up your finances.
You have multiple insurance companies to choose from, and although it’s a good thing to have a selection, having more auto insurance companies makes it harder to compare company pricing.
Buying car insurance is easy if you know what you’re doing. Just about everyone who has to buy car insurance should be able to reduce their rates. Nevertheless, consumers can benefit by having an understanding of the methods companies use to determine prices and apply this information to your search.
Most of the larger companies make it easy to get coverage price quotes on their websites. Comparing rates online is pretty easy as you just type in the coverages you want as requested by the quote form. After you submit the form the quote system will order reports for credit and driving violations and gives you a price quote based on the data you entered. Online price estimates streamlines rate comparisons, but the work required to visit different websites and complete many quote forms is a big time waster. Unfortunately, it is important to have as many quotes as possible if you want to find a better rate.
The easy way to compare rates
The quickest way to compare rates makes use of a single form to obtain quotes from a lot of companies. This type of form saves time, eliminates form submissions, and makes online quotes much more enjoyable and efficient. Once the form is submitted, it is quoted and you can choose any or none of the resulting price quotes. If you find a better price it’s easy to complete the application and purchase coverage. The entire process just takes a couple of minutes and you will know how your current rates stack up.
To find out what other companies charge, click here and submit your coverage information. If you have a policy now, it’s recommended you duplicate your coverages as close as possible to your current policy. This helps ensure you’re receiving an apples-to-apples comparison for similar insurance coverage.
Companies like Progressive, Geico, Allstate and State Farm constantly bombard you with television and radio advertisements. All the companies advertise the message that you can save just by moving your policy. How does each company have lower policy pricing? This is the trick they use.
All the different companies have specific guidelines for the driver that makes them money. For instance, a preferred risk might be described as married and over the age of 30, has no claims, and drives less than 5,000 miles a year. Anyone that hits that “sweet spot” will get very good rates and will probably save money with a new company.
Potential customers who may not quite match this stringent profile will have to pay higher premium rates which usually ends up with the customer not buying. If you pay attention, the ads say “customers that switch” but not “all drivers who get quotes” save that much. That’s the way companies can make those statements. Because every company is different, drivers must compare quotes as often as possible. Because you cannot predict which insurance coverage company will give you the biggest savings.
Many factors are used when pricing auto insurance. Most are fairly basic like your driving record, but other criteria are not quite as obvious such as your marital status or how financially stable you are.
Companies offering auto insurance don’t necessarily list every available discount in a way that’s easy to find, so we break down a few of the more well known in addition to some of the lesser obvious credits that you can use to lower your rates.
As a disclaimer on discounts, most discount credits are not given to your bottom line cost. Most only reduce individual premiums such as liability and collision coverage. So even though they make it sound like it’s possible to get free car insurance, companies wouldn’t make money that way.
A few of the larger companies and a selection of discounts can be found below.
If you need lower rates, check with every prospective company which discounts you may be entitled to. A few discounts may not be offered in your area. If you would like to choose from a list of companies with the best car insurance discounts, click this link.
When it comes to choosing the right insurance coverage, there is no best way to insure your cars. Every situation is different so this has to be addressed. Here are some questions about coverages that can help discover if your situation will benefit from professional help.
If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier
Understanding the coverages of your policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from car insurance companies.
This coverage provides protection from damage or injury you incur to other’s property or people by causing an accident. It protects you from claims by other people. It does not cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability coverage protects against claims like medical expenses, funeral expenses, structural damage, bail bonds and medical services. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.
This covers damage to your ILX resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims like hitting a mailbox, crashing into a building, scraping a guard rail, damaging your car on a curb and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.
Personal Injury Protection (PIP) and medical payments coverage pay for bills like hospital visits, pain medications, doctor visits and dental work. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things like hitting a deer, rock chips in glass, hail damage and vandalism. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.
When trying to cut insurance costs, don’t be tempted to reduce coverage to reduce premium. There are many occasions where someone dropped uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. The aim is to buy a smart amount of coverage at an affordable rate, but do not skimp to save money.
Discount 2013 Acura ILX insurance is attainable online and from local agencies, and you should compare price quotes from both in order to have the best price selection to choose from. A few companies may not have online quoting and many times these small insurance companies prefer to sell through independent agents.
Additional detailed information can be read by following these links:
Live in Tucson, AZ. I got free quotes from Travelers, Auto-Owners, Hartford, and Mercury for my Acura and saved just over $290 a year. Left Eastwood to switch. BTW speeding tickets are not good.
Will Progressive raise rates for a windshield claim?
This is too expensive. From west side of Burlington, VT. Got car insurance prices from 21st Century, Amica, and Farmers for my ILX and cut my rates about $250 a year.
In Chesapeake, VA try State Farm or Progressive. Both had decent prices.
What is comprehensive coverage?
Does Allstate use ACV or replacement cost?
Thanks for putting this site together. Proud to be from San Jose, California. Received prices from AIG Insurance, Mercury, and some smaller one I can’t remember the name of for my Acura and I’m now saving $17 a month. I get lower rates because of my clean driving record.
I live just outside North Charleston, South Carolina. Got rates from Amica, Mercury, and some smaller one I can’t remember the name of for my ILX and saved $349 a year.
Do I have to have car insurance in Delaware?
I’m from Fargo, North Dakota. Got car insurance quotes with State Farm, Esurance, and Hanover for my 2013 Acura ILX and I’m now saving $19 a month.
Affordable car insurance is a myth. Live in Charleston, SC. Quoted with Nationwide, Erie, State Farm, and American Family for my 2013 Acura ILX and saved just over $530 a year. Not sure if rates are cheaper online or through an agent.
All companies are crooks. I live just outside Rochester, Minnesota. Don’t remember every company but I ended up saving about $30 each month. Not sure if rates are cheaper online or not.
I found pretty cheap rate quotes for a 2013 Acura ILX in Aurora, CO. Ended up at roughly $240 every six months with Amica. Insured with Sentry before. Highly recommended.
Got a quote with Allstate for my ILX and am saving around $350 a year. Insured with 21st Century before. It never hurts to quote around.
I’m just south of Warren, MI. Can’t remember who all I quoted but I ended up saving about $20 each month.
Live in Evansville, Indiana and for me 21st Century had the lowest quote. :)
Is Allstate cheap in Huntington, West Virginia?
Will Allstate give a discount for driver training?