Do you get exhausted from not being able to scrape enough together to buy car insurance? Your situation is no different than the majority of other people.
There are many insurance companies to purchase coverage from, and even though it’s nice to be able to choose, having more auto insurance companies makes it harder to get the best deal.
It’s a good idea to take a look at other company’s rates quite often since insurance prices are rarely the same from one policy term to another. Just because you found the lowest price on Continental GT coverage six months ago there is a good chance you can find better rates now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the fastest way to get good coverage at a lower rate.
Companies offering auto insurance don’t always list all available discounts in a way that’s easy to find, so the following list contains both well-publicized in addition to some of the lesser obvious discounts that you may qualify for.
As a sidenote, most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as comprehensive or collision. So despite the fact that it appears you would end up receiving a 100% discount, companies don’t profit that way.
A list of car insurance companies and some of their more popular discounts can be found below.
Before purchasing a policy, check with all the companies what discounts are available to you. All car insurance discounts may not be available everywhere. If you would like to see a list of insurers that offer multiple discounts, click here.
Effectively comparing insurance coverage prices is a ton of work if you don’t understand the easiest way. You can waste a lot of time talking to insurance agencies in your area, or you could use the internet to get the quickest rates.
Most car insurance companies participate in an industry program where prospective buyers submit their information once, and every company provides a quote based on the submitted data. This prevents consumers from doing form submissions to each company.
To fill out one form to compare multiple rates now click here (opens in new window).
The only downside to getting quotes like this is you are unable to specify the insurers you want pricing from. So if you prefer to choose individual companies to compare, we put together a list of the cheapest insurance coverage companies in your area. Click to view list.
It doesn’t matter which method you choose, just compare nearly identical information for each comparison quote. If you are comparing differing limits you will not be able to determine which rate is truly the best. Quoting even small variations in insurance coverages or limits could mean much higher rates. Just remember that comparing more quotes increases the change that you will find the best rates.
When buying adequate coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s situation is unique and your policy should reflect that. For example, these questions may help you determine if you would benefit from an agent’s advice.
If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.
Understanding the coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and coverage can change by endorsement. Shown next are the usual coverages available from auto insurance companies.
Medical expense coverage – Med pay and PIP coverage kick in for short-term medical expenses like dental work, ambulance fees and nursing services. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently the UM/UIM limits are similar to your liability insurance amounts.
Comprehensive protection – This covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things like theft, damage from getting keyed and fire damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Coverage for liability – This coverage can cover damage that occurs to people or other property by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.
Liability insurance covers things like medical services, bail bonds and pain and suffering. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.
Collision coverage – This coverage pays for damage to your Continental GT resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for things such as damaging your car on a curb, scraping a guard rail, colliding with a tree and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.
In this article, we presented many ways to reduce 2013 Bentley Continental GT insurance car insurance rates online. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. You may even find the lowest car insurance rates are with an unexpected company. They may only write in your state and offer lower premium rates as compared to the big name companies such as Allstate, Geico and Progressive.
As you restructure your insurance plan, don’t be tempted to buy less coverage just to save a little money. In many cases, an insured dropped uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. The goal is to find the BEST coverage at a price you can afford, not the least amount of coverage.
More detailed insurance coverage information is located by following these links: