Did you make the mistake of buying an overpriced insurance policy? You’re in good company because there are lots of people in the same boat.
Insurance companies such as Allstate and Progressive continually bombard you with fancy advertisements and it is difficult to separate fact from fiction and effectively compare rates to find the best deal.
Some insurers don’t always advertise all disounts very clearly, so here is a list both well-publicized as well as some of the hidden discounts that you may qualify for.
As a footnote on discounts, most discounts do not apply the the whole policy. Most only reduce individual premiums such as comp or med pay. Just because you may think you could get a free car insurance policy, companies wouldn’t make money that way.
To see companies who offer cheap car insurance quotes, click here.
A large part of saving on auto insurance is knowing some of the things that go into determining the price you pay for auto insurance. When you understand what influences your rates, this helps enable you to make changes that may reward you with lower premium levels. Many different elements are considered when pricing auto insurance. Some are pretty understandable such as traffic violations, although others are less obvious like your vehicle usage or your vehicle rating.
When choosing adequate coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that may help highlight whether your personal situation will benefit from professional help.
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with 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
Learning about specific coverages of insurance helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. These are typical coverage types offered by insurance companies.
This will cover damages or injuries you inflict on other people or property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.
Liability coverage protects against claims such as loss of income, repair bills for other people’s vehicles, medical services, attorney fees and funeral expenses. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.
This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your Ford Transit Van.
Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits do not exceed the liability coverage limits.
This covers damage to your Transit Van from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things like colliding with another moving vehicle, backing into a parked car, hitting a mailbox, damaging your car on a curb and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.
This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as hail damage, rock chips in glass, theft and vandalism. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as hospital visits, funeral costs, chiropractic care and doctor visits. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
As you quote car insurance, it’s very important that you do not skimp on coverage in order to save money. In many cases, an accident victim reduced liability limits or collision coverage and discovered at claim time that it was a big mistake. Your aim should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.
Low-cost 2016 Ford Transit Van insurance can be found on the web as well as from insurance agents, so you need to shop car insurance with both to get a complete price analysis. Some car insurance companies may not offer the ability to get a quote online and these small insurance companies only sell through independent agencies.
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