Are you drained from trying to scrape together enough money each month for insurance? You are no different than most other people. You have so many car insurance companies to pick from, and although it’s a good thing to have a choice, lots of choices makes it harder to find a good deal.
It is always a good idea to do rate comparisons periodically because prices are adjusted regularly by insurance companies. Even if you got the lowest quotes for 2 Series coverage last year a different company probably has better rates today. Block out anything you think you know about insurance because you’re going to learn the quickest way to reduce your cost while increasing coverage.
Cutting your car insurance rates is a great way to save money. The only requirement is to take the time to compare free insurance quotes online from several insurance companies. It’s super easy and can be done by following the guidelines below.
For a list of links to insurance companies in your area, click here.
You can use whichever method you prefer to find lower rates, just do your best to enter apples-to-apples information for each quote you get. If each company quotes differing limits you can’t possibly determine which rate is truly the best.
Some providers do not list every possible discount very well, so below is a list some of the best known as well as the least known credits available to bring down your rates.
One thing to note about discounts is that some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. Despite the appearance that having all the discounts means you get insurance for free, it just doesn’t work that way.
To see a list of insurance companies with significant discounts, click here.
When it comes to choosing adequate coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions can help discover if your situation will benefit from professional help.
If you can’t answer these questions, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.
Knowing the specifics of your policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the normal coverages found on most insurance policies.
This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like sideswiping another vehicle, scraping a guard rail, crashing into a building, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to get cheaper collision coverage.
This protects you from damages or injuries you inflict on other’s property or people in an accident. It protects you against claims from other people. It does not cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.
Liability coverage pays for claims like legal defense fees, bail bonds, structural damage and medical services. How much coverage you buy is a personal decision, but consider buying higher limits if possible.
Medical payments and Personal Injury Protection insurance pay for immediate expenses for X-ray expenses, EMT expenses and surgery. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like hitting a deer, theft, a broken windshield, fire damage and vandalism. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.