High-priced insurance can bottom out your bank account and possibly require postponing other expenditures. Comparing cost estimates can save money and help to lower your bills every month.
Big-name insurance companies like Progressive, GEICO and Farmers Insurance promote their brand names with ads and it is difficult to sift through the bull and take the time to shop coverage around.
There are a variety of methods you can shop for car insurance and some are more efficient than others. You can spend your afternoon talking about coverages with insurance companies in your area, or you could use the web to get rates in a matter of minutes.
Many popular insurance companies are enrolled in a marketplace where insurance shoppers enter their coverage request one time, and each participating company returns a rated price based on that data. This prevents consumers from doing quote requests for each company.
To access this free quoting program, click here to start a free quote.
The only downside to doing it this way is buyers cannot specifically choose which companies to receive prices from. So if you want to choose specific providers to compare, we have a listing of low cost car insurance companies in your area. Click here for list of insurance companies.
Compare rates however you want, just ensure you’re using exactly the same coverage information on every quote. If you enter different data you will not be able to determine which company has the best rates. Having just a slight variation in insurance coverages or limits can make a big difference in price. And when comparison shopping, having more price comparisons helps locate a better price.
Lots of things are taken into consideration when you get a price on insurance. Some are obvious like an MVR report, but some are not as apparent such as whether you are married or your financial responsibility.Smart consumers have a good feel for the rating factors that help determine insurance coverage rates. If you have some idea of what positively or negatively impacts your premiums, this enables informed choices that can earn you cheaper rates.
Car insurance is not cheap, but you can get discounts that you may not even know about. A few discounts will be applied at quote time, but occassionally some discounts must be manually applied before being credited.
A little disclaimer on discounts, some credits don’t apply to the entire policy premium. Some only apply to individual premiums such as liability and collision coverage. Even though the math looks like having all the discounts means you get insurance for free, that’s just not realistic. But all discounts will positively reduce the cost of your policy.
Popular car insurance companies and a selection of discounts include:
If you need cheaper auto insurance quotes, ask each company or agent which discounts you may be entitled to. A few discounts might not be offered on policies in your area. For a list of companies that offer many of these discounts, follow this link.
When buying the right insurance coverage for your vehicles, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions can help discover if your insurance needs could use an agent’s help.
Learning about specific coverages of your car insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average car insurance policy.
Collision coverage protection
Collision coverage pays for damage to your Continental GTC caused by collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims like colliding with a tree, rolling your car, scraping a guard rail, crashing into a building and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.
Liability insurance can cover damage that occurs to other people or property in an accident. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage protects against claims like legal defense fees, funeral expenses, pain and suffering and court costs. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.
Uninsured or underinsured coverage
This provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your Bentley Continental GTC.
Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Medical expense coverage
Coverage for medical payments and/or PIP kick in for expenses like nursing services, pain medications, surgery, funeral costs and ambulance fees. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like vandalism, damage from a tornado or hurricane and falling objects. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
We covered a lot of techniques to compare 2014 Bentley Continental GTC insurance car insurance rates online. It’s most important to understand that the more companies you get premium rates for, the more likely it is that you will get a better rate. Consumers may even find the most savings is with an unexpected company. Some small companies may only write in your state and offer lower premium rates than their larger competitors like Allstate, GEICO and Progressive.
Some insurance coverage companies do not provide internet price quotes and most of the time these small insurance companies prefer to sell through local independent agencies. Budget-friendly insurance coverage is available both online as well as from insurance agents, and you need to comparison shop both to get a complete price analysis.
As you quote auto insurance, don’t be tempted to sacrifice coverage to reduce premiums. There are many occasions where someone dropped full coverage only to regret that it was a big error on their part. Your strategy should be to buy the best coverage you can find at the best cost, but do not skimp to save money.
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