Wish you could get a refund on high-priced auto insurance? You’re preaching to the choir because there are lots of people in the same boat. Insurance companies such as State Farm, Progressive and Geico continually bombard you with TV and radio ads and consumers find it hard to sift through the bull and effectively compare rates to find the best deal.
If you are insured now or need new coverage, you can follow these tips to shop for the lowest rates while maintaining coverages. Buying car insurance is quite easy. Vehicle owners just need to know the proper way to compare rates over the internet.
The best way to get policy rate comparisons takes advantage of the fact almost all companies have advanced systems to compare rate quotes. The only thing you need to do is give them rating details like whether you are married, how much coverage you want, distance driven, and if you are currently licensed. The data is instantly submitted to multiple car insurance providers and they return cost estimate instantly to find the best rate.
When it comes to choosing proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions could help you determine if your situation may require specific advice.
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.
Having a good grasp of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. These are the normal coverages available from insurance companies.
Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like damage from getting keyed, hitting a bird and vandalism. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your 2014 Bentley Continental GT Speed Convertible.
Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
This coverage will pay to fix damage to your Continental GT Speed Convertible resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims such as colliding with another moving vehicle, hitting a parking meter, sustaining damage from a pot hole, sideswiping another vehicle and crashing into a building. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.
Liability insurance provides protection from damage that occurs to a person or their property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.
Liability insurance covers claims such as loss of income, legal defense fees and medical services. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like X-ray expenses, ambulance fees, surgery, doctor visits and nursing services. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
In Little Rock, Arkansas, Amica had the best rates for my 2014 Bentley Continental GT Speed Convertible. Left State Farm to switch. LOL
Cheap is not always the best policy. I’m in Chesapeake, VA. I don’t recall every quote but I ended up saving about $50 each month. Online quotes are the way to go.
I’m in Fargo, North Dakota and need high risk coverage. Help!
Lifelong resident of Dover, DE. I quoted with Sentry, Erie, Allstate, and Auto-Owners for my Bentley and I’m now saving $28 a month.
Corporate greed I’m telling you. I live on the east side of Paterson, NJ. Quoted prices from GEICO, Auto-Owners, and Erie for my Bentley and saved just over $200 a year. Just waiting to see how claims go.
If you’re a decent driver and live around Cincinnati, OH, check out 21st Century. You might get cheaper rates. It was easy to get rates.
I compared a lot of rate quotes for a 2014 Bentley Continental GT Speed Convertible in Columbus, Ohio. Ended up at roughly $530 every six months with Auto-Owners. Left GEICO to switch. I have a teen driver too.
Progressive was cheapest for my 2014 Bentley Continental GT Speed Convertible in Rochester, MN.
Thought I’d throw in my experience. I live in Bridgeport, CT. Quoted quotes from Liberty Mutual, American Family, Safeco, and a couple others for my Bentley and saved just over $510 a year. I have several vehicles insured with them. Highly recommended.
Is Allstate cheaper than GEICO in Knoxville, TN?