Nobody I know likes having to buy car insurance, especially when they could find better prices if they shop around.
Popular companies such as Progressive, GEICO and Farmers Insurance continually bombard you with ads and it is challenging if not impossible to see past the geckos and flying pigs and take the time to shop coverage around.
Effectively comparing car insurance prices can be a lot of work if you don’t utilize the fastest way to get free quotes. You can waste a lot of time talking to insurance agencies in your area, or you could save time and use online quotes to accomplish the same thing much quicker.
The majority of car insurance companies belong to a marketplace that enables customers to enter their policy data once, and each company then returns a price quote determined by their information. This eliminates the need for quote forms to each company.
To get comparison pricing now click here to open in new window.
The only downside to using this type of form is you cannot specify the companies to get pricing from. So if you want to select individual companies to receive pricing from, we put together a list of the cheapest car insurance companies in your area. Click to view list.
You can use whichever method you prefer to find lower rates, just make sure you compare equivalent coverage limits and deductibles for every company. If your comparisons have different limits and deductibles on each one it will be impossible to truly determine the lowest rate. Having just a slight variation in insurance coverages or limits can mean a large discrepancy in price. And when quoting car insurance, remember that more quotes gives you a better chance of getting better pricing.
Companies don’t necessarily list every possible discount in an easy-to-find place, so we took the time to find some of the more common and the more hidden credits available to bring down your rates. If you check and find you aren’t receiving every discount available, you’re just leaving money on the table.
Keep in mind that most discount credits are not given to the entire cost. The majority will only reduce individual premiums such as comprehensive or collision. Just because you may think it’s possible to get free car insurance, company stockholders wouldn’t be very happy.
If you would like to choose from a list of insurance companies that provide some of the discounts listed above, follow this link.
When it comes to choosing proper insurance coverage, there really is not a cookie cutter policy. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions can aid in determining if your situation could use an agent’s help.
If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.
Understanding the coverages of a car insurance policy can be of help when determining the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. These are typical coverages offered by car insurance companies.
Collision coverage pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers claims like damaging your car on a curb, hitting a parking meter and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.
This will cover damage that occurs to other’s property or people by causing an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability coverage pays for claims such as structural damage, repair costs for stationary objects, legal defense fees and medical services. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.
Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like hitting a deer, falling objects and fire damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.
Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as nursing services, hospital visits, chiropractic care and pain medications. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
More affordable auto insurance is attainable both online in addition to many insurance agents, so get free insurance coverage quotes from both of them so you have a total pricing picture. Some auto insurance companies don’t offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.
When buying insurance coverage, it’s not a good idea to reduce needed coverages to save money. Too many times, someone dropped uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. Your objective should be to buy the best coverage you can find at the best possible price, but do not sacrifice coverage to save money.
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