Are you tired of being strong-armed to buy car insurance? You are no different than millions of other consumers. Multiple insurers compete for your hard-earned dollar, so it can be very hard to choose a insurer and uncover the absolute best price available.
If you have a current insurance coverage policy or are looking for a new policy, you can use these tips to get lower rates and still get good coverage. Finding affordable coverage is not rocket science. Drivers just need to know the most efficient way to find the lowest price online.
Insurance can cost an arm and a leg, but there are discounts available to cut the cost considerably. Certain discounts will be applied when you complete an application, but some may not be applied and must be specifically requested in order for you to get them. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.
It’s important to note that some credits don’t apply to the entire policy premium. Some only apply to specific coverage prices like liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, car insurance companies aren’t that generous. But all discounts will cut your premiums.
For a list of companies who offer car insurance discounts, click this link.
Smart consumers have a good feel for the different types of things that play a part in calculating the rates you pay for insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that could result in lower insurance prices.
Shown below are a few of the “ingredients” companies use to determine premiums.
When choosing coverage for your vehicles, there is no single plan that fits everyone. Every situation is different so your insurance needs to address that. These are some specific questions may help you determine if your situation would benefit from an agent’s advice.
If you’re not sure about those questions then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area. It is quick, free and you can get the answers you need.
Understanding the coverages of car insurance can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages offered by car insurance companies.
Collision coverage protection
Collision coverage pays for damage to your Park Avenue caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as crashing into a building, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.
Comprehensive auto coverage
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like a tree branch falling on your vehicle, fire damage and vandalism. The maximum payout your car insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Liability auto insurance
Liability insurance can cover damage that occurs to people or other property. It protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage protects against things like bail bonds, pain and suffering and medical expenses. The amount of liability coverage you purchase is your choice, but buy higher limits if possible.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as prosthetic devices, surgery and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP is not available in all states and may carry a deductible
UM/UIM (Uninsured/Underinsured Motorist) coverage
This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Low-cost 1991 Buick Park Avenue insurance can be sourced on the web in addition to many insurance agents, so compare prices from both so you have a total pricing picture. There are still a few companies who do not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.
We’ve covered a lot of tips how to compare insurance prices online. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding lower rates. You may even discover the biggest savings come from some of the smallest insurance companies. Regional companies may cover specific market segments cheaper than the large multi-state companies such as State Farm, GEICO and Nationwide.