I can’t think of a single person who anticipates paying for auto insurance, especially knowing they are paying too much. Big-name insurance companies like Geico, Progressive and Allstate constantly bombard you with catchy ads and it is difficult to see past the corporate glitz and effectively compare rates to find the best deal.
Effectively comparing insurance coverage prices is a ton of work if you don’t utilize the fastest way to get free quotes. You can waste hours driving to insurance agencies in your area, or you can utilize online quoting to get rates in a matter of minutes.
Many popular insurance companies belong to a marketplace where insurance shoppers enter their coverage request one time, and each participating company then gives them pricing based on the submitted data. This saves time by eliminating form submissions for each company.
To participate in this free quote system, click here to start a free quote.
The single downside to doing it this way is that you can’t choose which carriers to receive prices from. So if you want to select specific providers to request quotes from, we put together a list of insurance coverage companies in your area. Click here to view list.
You can choose any of those ways to find more affodable coverage, but make sure you compare nearly identical coverage limits for each comparison quote. If you use different liability limits it’s not possible to make an equal comparison.
Drivers can’t ignore all the ads that promise big savings for switching from companies such as Progressive, Geico, Allstate and State Farm. They all seem to say the same thing about saving some big amount if you move your coverage.
How does every auto insurance company save you money? It’s all in how they say it.
Insurance providers require specific criteria for the type of driver that will add to their bottom line. For example, a profitable insured may need to be a married male, has a low-risk occupation, and drives a vehicle with a low ISO rating. Anyone who meets those qualifications will get a cheap rate quote and have a good chance to save a lot if they switch.
Insureds who fall outside the “perfect” profile may be required to pay higher premiums which usually ends up with the customer buying from someone else. If you pay close attention to the ads, they say “drivers who switch” but not “all drivers who get quotes” save that much money. That’s the way insurance companies can confidently make those statements.
That is why you really should compare as many free auto insurance quotes as you can. Because you cannot predict the company that will have better car insurance rates than you’re paying now.
Many things are part of the equation when premium rates are determined. Some of the criteria are obvious like your driving record, but other factors are less apparent like your vehicle usage or your financial responsibility.The best way to find cheaper car insurance is to take a look at some of the factors that play a part in calculating your premiums. If you have a feel for what positively or negatively impacts your premiums, this enables informed choices that will entitle you to lower premium levels.
The following are a partial list of the pieces used by companies to determine prices.
Not many people think insurance is cheap, but you might be missing out on some discounts that you may not know about. Certain credits will be shown when you get a quote, but a few must be asked for before you will receive the discount.
While discounts sound great, it’s important to understand that most credits do not apply to the overall cost of the policy. Most only reduce individual premiums such as comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, it’s just not the way it works.
A few companies that possibly offer most of the discounts above include:
If you want inexpensive auto insurance quotes, ask all the companies what discounts are available to you. Some of the earlier mentioned discounts may not be offered in your state. If you would like to view companies that offer multiple discounts, click this link.
When it comes to choosing coverage, there really is no best way to insure your cars. Everyone’s situation is a little different so this has to be addressed. For instance, these questions might help in determining whether your personal situation could use an agent’s help.
If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.
Understanding the coverages of a car insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverages found on the average car insurance policy.
This pays for damage to your A8 resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things like sideswiping another vehicle, sustaining damage from a pot hole, hitting a mailbox, backing into a parked car and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your 2019 Audi A8.
Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Coverage for medical payments and/or PIP pay for bills for things like ambulance fees, doctor visits and X-ray expenses. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
This protects you from injuries or damage you cause to other people or property in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.
Liability coverage pays for claims like pain and suffering, bail bonds, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.
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 your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as damage from a tornado or hurricane, rock chips in glass, hitting a bird, fire damage and hail damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
When buying insurance coverage, make sure you don’t buy less coverage just to save a little money. Too many times, consumers will sacrifice liability limits or collision coverage and learned later that it was a big mistake. Your aim should be to buy enough coverage for the lowest price, not the least amount of coverage.
Lower-priced auto insurance can be bought both online and with local insurance agents, so get free auto insurance quotes from both of them to get a complete price analysis. Some insurance companies may not have online rate quotes and usually these smaller companies work with independent insurance agencies.
I live just outside Memphis, TN. Received rates from 21st Century, AAA, and some I forget for my 2019 Audi A8 and saved around $160 a year. Not sure if rates are cheaper online or not.
If you have a good history and are close to Owensboro, Kentucky, check out Progressive. I saved quite a bit. Online quotes are the way to go.