Nobody I know cherishes buying car insurance, in particular when the cost is way too high.
Companies like GEICO, Farmers Insurance and State Farm promote their brand names with TV and radio ads and it is challenging if not impossible to avoid their marketing magic and take the time to shop coverage around.
You need to take a look at other company’s rates on a regular basis because insurance rates are constantly changing. If you had the best deal on Protege coverage a few years ago there is a good chance you can find better rates now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the best way to eliminate unnecessary coverages and save money.
If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using this information. Finding the best rates is quite easy. Nevertheless, drivers should learn how big insurance companies sell online and use this information to your advantage.
The price of auto insurance can be rather high, buy you may qualify for discounts that can drop the cost substantially. Some discounts apply automatically when you quote, but a few must be inquired about prior to getting the savings.
A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Some only apply to individual premiums such as collision or personal injury protection. Just because it seems like all the discounts add up to a free policy, it doesn’t quite work that way. But any discount will reduce your overall premium however.
A partial list of companies that possibly offer these money-saving discounts are:
It’s a good idea to ask each insurance company which discounts you may be entitled to. All car insurance discounts might not be offered everywhere.
When it comes to buying adequate coverage, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s so this has to be addressed. For instance, these questions may help you determine 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, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area.
Having a good grasp of your insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Insurance terms can be confusing and reading a policy is terribly boring. Listed below are typical coverage types found on the average insurance policy.
UM/UIM Coverage – This provides protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Mazda Protege.
Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Frequently these limits do not exceed the liability coverage limits.
Medical costs insurance – Coverage for medical payments and/or PIP pay for immediate expenses such as X-ray expenses, doctor visits and surgery. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible
Liability auto insurance – Liability insurance provides protection from damage that occurs to people or other property by causing an accident. This insurance protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.
Liability can pay for things like medical expenses, emergency aid, court costs, repair bills for other people’s vehicles and medical services. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford.
Collision – Collision coverage will pay to fix damage to your Protege resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for things such as sustaining damage from a pot hole, scraping a guard rail, crashing into a ditch, colliding with another moving vehicle and damaging your car on a curb. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to bump up the deductible to bring the cost down.
Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for things such as hitting a bird, hitting a deer, damage from flooding, rock chips in glass and fire damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Discount 1994 Mazda Protege insurance is attainable from both online companies in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates. A few companies do not provide the ability to get a quote online and these small, regional companies work with independent agents.
When trying to cut insurance costs, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, an insured cut physical damage coverage to discover at claim time that the small savings ended up costing them much more. The proper strategy is to buy the best coverage you can find at an affordable rate, not the least amount of coverage.
More detailed auto insurance information is located by following these links: