Nobody cherishes buying auto insurance, in particular when their premiums are through the roof. Online insurance companies like GEICO, 21st Century and Progressive all promote huge savings with TV and radio ads and consumers find it hard to see past the geckos and flying pigs and take the time to shop coverage around.
Consumers need to compare rates yearly because rates go up and down regularly. Even if you think you had the lowest price for C/K Series insurance on your last policy you may be paying too much now. Ignore everything you know about auto insurance because you’re about to learn the best methods to save money, get proper deductibles and limits, all at the lowest rate.
Properly insuring your vehicles can get expensive, but companies offer discounts to help bring down the price. Certain discounts will be applied at the time of purchase, but some must be manually applied in order for you to get them. If you don’t get every credit available, you are throwing money away.
A little note about advertised discounts, some credits don’t apply to your bottom line cost. Most only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates it’s possible to get free car insurance, car insurance companies aren’t that generous. But any discount will help reduce the cost of coverage.
Companies that may offer some of the above discounts include:
It’s a good idea to ask each insurance company how you can save money. Discounts might not apply everywhere.
It’s important that you understand the factors that help determine the price you pay for auto insurance. Having a good understanding of what determines base rates enables informed choices that can help you get big savings.
When choosing adequate coverage for your personal vehicles, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions can aid in determining if you may require specific advice.
If you don’t know the answers to these questions but you know they 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, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.
Consumers constantly see and hear ads for car insurance savings by companies like Allstate and Progressive. They all make an identical promise of big savings if you change to them.
How can each company make almost identical claims?
All the different companies have a certain “appetite” for the right customer that is profitable for them. A good example of a preferred risk could possibly be between the ages of 30 and 50, insures multiple vehicles, and has great credit. A driver that hits that “sweet spot” gets the lowest rates and as a result will probably cut their rates substantially.
Potential insureds who fall outside the requirements will be charged a higher premium and this can result in the driver buying from a lower-cost company. Company advertisements say “customers who switch” but not “drivers who get quotes” save that much. That’s why insurance companies can confidently claim big savings.
That is why it’s extremely important to quote coverage with many companies. Because you never know which insurance companies will have the lowest Chevy C/K 2500 Series insurance rates.
Knowing the specifics of your car insurance policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages found on the average car insurance policy.
Liability – Liability insurance provides protection from damage or injury you incur to people or other property by causing an accident. This coverage 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 for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Occasionally you may see a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage protects against claims like bail bonds, funeral expenses, attorney fees, loss of income and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.
Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Chevy C/K 2500 Series.
Since many 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. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Comprehensive (Other than Collision) – This pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for claims like rock chips in glass, hitting a bird, damage from a tornado or hurricane, falling objects and damage from getting keyed. The highest amount your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Medical expense insurance – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses such as dental work, surgery and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers all vehicle occupants as well as any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage
Collision coverage – This will pay to fix damage to your C/K 2500 Series resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like damaging your car on a curb, crashing into a building, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.
When you buy insurance online, you should never buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped full coverage only to discover later that the savings was not a smart move. Your aim should be to purchase plenty of coverage at a price you can afford while still protecting your assets.
Low-cost 1997 Chevy C/K 2500 Series insurance is definitely available both online in addition to many insurance agents, and you should be comparing both to have the best selection. A few companies do not provide online quoting and many times these smaller companies only sell through independent insurance agents.