Nobody enjoys paying for insurance, especially knowing the price is too high.
Lots of insurance companies contend for your insurance dollar, so it’s not easy to compare every insurance company and uncover the absolute lowest cost out there.
Auto insurance companies do not advertise every available discount very well, so here is a list some of the best known as well as the least known discounts you could be receiving.
It’s important to note that most discount credits are not given to the entire policy premium. Some only reduce individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, you’re out of luck.
To see a list of insurance companies with the best auto insurance discounts, click this link.
The best way to compare insurance rates from multiple companies is to understand all the major auto insurance companies actually pay money for the chance to give free rates quotes. To begin a comparison, all you need to do is provide the companies a bit of rating information such as if you have an active license, whether you are single or married, your credit rating estimate, and if a SR-22 is needed. The rating information is automatically sent to multiple top-rated companies and they return rate quotes instantly to find the best rate.
To start a rate quote now, click here and find out if you can get cheaper insurance.
When buying adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs so this has to be addressed. For example, these questions can help discover whether you might need an agent’s assistance.
If you can’t answer these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.
Understanding the coverages of your auto insurance policy helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages offered by auto insurance companies.
This protects you from injuries or damage you cause to other people or property by causing an accident. It protects YOU against claims from other people, and doesn’t 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. You commonly see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.
Liability insurance covers claims such as structural damage, medical expenses and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.
Uninsured Motorist or Underinsured Motorist insurance
This provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.
Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision can pay for things such as scraping a guard rail, rolling your car, backing into a parked car, colliding with a tree and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for doctor visits, nursing services, EMT expenses and pain medications. They are used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage (or Other than Collision)
This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims like a tree branch falling on your vehicle, vandalism and theft. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
You just learned many ideas to reduce 1996 Mercury Cougar insurance prices online. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. You may even find the lowest priced car insurance comes from a smaller regional carrier. These companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate and Progressive.
Affordable insurance is available both online in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. Some companies do not provide you the ability to get quotes online and these small, regional companies work with independent agents.