Did you fall for a flashy sales pitch and buy an overpriced insurance policy? Don’t feel bad because many drivers have buyer’s remorse. Companies like Progressive, State Farm and Geico constantly bombard you with fancy advertisements and consumers find it hard to ignore the flashy ads and do the work needed to find the best deal.
It’s a good idea to price shop coverage every six months due to the fact that insurance prices are rarely the same from one policy term to another. Just because you found the best rates for Cruze insurance at your last renewal there is a good chance you can find better rate quotes now. You can find a lot of information about insurance out there, but you can learn a lot of great tips on how to stop overpaying for insurance.
If you have insurance now or are just looking to switch companies, you can use this information to find better prices while maintaining coverages. Finding affordable coverage is easy if you know what you’re doing. Drivers only need to know the tricks to shop for insurance over the internet.
Most of the larger companies allow consumers to get coverage price quotes directly from their websites. This process is pretty easy as you simply type in into a form. Once entered, the quote system collects reports for credit and driving violations and returns pricing information based on many factors. This makes comparing rates easy, but the time it takes to visit a lot of sites and enter the same data into a form can be a bit repetitive. But it’s very important to compare as many rates as possible if you want to find a lower rate.
There is a better way!
A more efficient way to locate the lowest prices uses one form that gets prices from several companies at one time. It’s a real time-saver, eliminates repetitive work, and makes online price comparison much easier. As soon as you send your information, your coverage is rated and you are able to buy any or none of the price quotes you receive.
If the quotes result in lower rates, it’s easy to complete the application and buy the policy. The entire process just takes a couple of minutes and you will know how your current rates stack up.
If you want to compare rates now, click here to open in a new tab and complete the simple form. If you have a policy now, it’s recommended you copy as shown on your current policy. This makes sure you will be getting a fair comparison using the same coverage and limits.
Consumers can’t escape the ads that claim the cheapest rates from the likes of Progressive, Allstate and Geico. All the ads state the claim that you’ll save big if you get a free auto insurance quote and switch to their company.
How is it possible that every company can say the same thing? It’s all in how they say it.
Insurance companies have a preferred profile for the type of driver that makes them money. An example of this type of driver could be between 30 and 50, carries full coverage, and has a high credit rating. A driver that fits those parameters will most likely get cheap rates as well as save if they switch.
Potential customers who are not a match for these stringent criteria will probably have to pay a higher premium and ends up with the customer buying from a different company. The wording the ads use say “customers who switch” not “everybody who quotes” save money. That’s why companies can advertise the savings.
This really emphasizes why you need to get auto insurance quotes as often as possible. It’s not possible to predict which company will have the best prices at this point in time.
Some companies do not advertise every possible discount in an easy-to-find place, so below is a list some of the best known as well as the least known ways to save on insurance coverage.
A quick disclaimer, some credits don’t apply to the entire cost. Most cut individual premiums such as comp or med pay. Just because it seems like all those discounts means the company will pay you, you aren’t that lucky.
Popular insurance coverage companies and the discounts they provide are:
When getting a coverage quote, ask all the companies which discounts can lower your rates. Some credits may not be available in your area. To view insurers that have a full spectrum of discounts, follow this link.
When choosing coverage, there really is no best way to insure your cars. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that may help you determine whether your personal situation could use an agent’s help.
If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.
Understanding the coverages of your policy aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages offered by insurance companies.
Comprehensive (Other than Collision)
This coverage covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for claims like theft, damage from getting keyed, falling objects, hail damage and damage from flooding. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Medical expense insurance
Med pay and PIP coverage kick in for bills for X-ray expenses, funeral costs, hospital visits and surgery. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible
Protection from uninsured/underinsured drivers
This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and damage to your Chevy Cruze.
Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Usually these coverages are identical to your policy’s liability coverage.
Collision coverage protection
This coverage pays to fix your vehicle from damage resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims like sustaining damage from a pot hole, sideswiping another vehicle, crashing into a building, hitting a parking meter and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Liability car insurance
Liability coverage can cover damages or injuries you inflict on a person or their property. It protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage protects against things like emergency aid, structural damage, bail bonds and legal defense fees. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.
Cost effective 2018 Chevy Cruze insurance is possible from both online companies and with local insurance agents, so you should compare both to have the best chance of lowering rates. A few companies don’t offer online quoting and these smaller providers prefer to sell through independent agents.
As you restructure your insurance plan, do not reduce needed coverages to save money. In many cases, an accident victim reduced uninsured motorist or liability limits only to discover later that the small savings ended up costing them much more. The ultimate goal is to get the best coverage possible at the lowest possible cost, but do not sacrifice coverage to save money.
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Lots of useful info here. Quoted with AIG Insurance for my Cruze and saved around $530 a year. Insured with Esurance before. Ask about discounts.
Live in Cedar Rapids, Iowa. Quoted prices from Auto-Owners, Eastwood, and Safeco for my 2018 Chevrolet Cruze and I’m now saving $24 a month. I think they have home insurance too. :)
Just a quick comment on my experience. From north side of Wilmington, DE. I don’t recall every quote but I ended up saving about $60 each month. Left Allstate to switch.