Are you sick and tired of being strong-armed to pay your car insurance bill each month? Your situation is no different than many other consumers. You have multiple car insurance companies to buy insurance from, and although it’s nice to have multiple companies, it can be more difficult to compare rates.
This information will familiarize you with how to get online quotes and some money-saving tips. If you have car insurance now, you will most likely be able to cut costs considerably using this strategy. Consumers only need to know the proper methods to get comparison quotes online.
Insurance can cost an arm and a leg, buy you may qualify for discounts that many people don’t even know exist. Most are applied when you complete an application, but some may not be applied and must be inquired about before you will receive the discount. If you aren’t receiving every discount you deserve, you are paying more than you should be.
Consumers should know that some of the credits will not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way. Any amount of discount will reduce the cost of coverage.
For a list of insurance companies who offer insurance coverage discounts, click this link.
When buying the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions can aid in determining whether you might need an agent’s assistance.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.
Having a good grasp of your auto insurance policy can help you determine the best coverages and proper limits and deductibles. Auto insurance terms can be confusing and coverage can change by endorsement. Below you’ll find typical coverage types offered by auto insurance companies.
Liability – This will cover damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage pays for things such as legal defense fees, repair costs for stationary objects, medical services and loss of income. How much coverage you buy is up to you, but buy as much as you can afford.
Comprehensive auto insurance – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like falling objects, damage from getting keyed, theft, a broken windshield and damage from flooding. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for pain medications, hospital visits, prosthetic devices, dental work and rehabilitation expenses. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz E-Class.
Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Usually these limits are set the same as your liablity limits.
Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision coverage protects against claims such as crashing into a ditch, colliding with another moving vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.
As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. There have been many situations where an accident victim reduced full coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The aim is to buy a smart amount of coverage for the lowest price while not skimping on critical coverages.
We just covered many tips how you can get a better price on 1997 Mercedes-Benz E-Class insurance. The most important thing to understand is the more price quotes you have, the better your chances of lowering your rates. You may be surprised to find that the best prices are with the smaller companies. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.
More information can be found at the links below