I can’t think of a single person who looks forward to buying insurance, especially knowing the cost is too high. Big companies like Allstate, Liberty Mutual and State Farm increase brand awareness with ads and it is difficult to sift through the bull and effectively compare rates to find the best deal.
Properly insuring your vehicles can get expensive, but companies offer discounts to cut the cost considerably. Certain discounts will be triggered automatically when you quote, but a few must be specially asked for in order for you to get them. If you aren’t receiving every discount you qualify for, you are throwing money away.
As a disclaimer on discounts, most of the big mark downs will not be given the the whole policy. Some only reduce individual premiums such as liability and collision coverage. Even though it may seem like you could get a free car insurance policy, companies wouldn’t make money that way. Any amount of discount will bring down your premiums.
To see a list of insurers with discount car insurance rates, follow this link.
When it comes to buying proper insurance coverage for your vehicles, there really is not a cookie cutter policy. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions can help discover whether you might need an agent’s assistance.
If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.
Having a good grasp of your car insurance policy aids in choosing which coverages you need for your vehicles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. These are typical coverage types available from car insurance companies.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for pain medications, doctor visits, EMT expenses and ambulance fees. They are often used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay
Uninsured/Underinsured Motorist (UM/UIM)
This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your 2002 Porsche 911.
Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.
This coverage covers damage to your 911 resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things such as backing into a parked car, scraping a guard rail, colliding with a tree and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.
Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as a broken windshield, damage from a tornado or hurricane and falling objects. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
This will cover damages or injuries you inflict on other people or property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.
Liability coverage pays for things such as repair bills for other people’s vehicles, attorney fees and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.
When you buy insurance online, don’t be tempted to buy lower coverage limits just to save a few bucks. There have been many cases where consumers will sacrifice liability coverage limits only to find out they didn’t purchase enough coverage. The aim is to find the BEST coverage at the best price while still protecting your assets.
We just showed you a lot of techniques to compare 2002 Porsche 911 insurance prices online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. Drivers may discover the lowest rates come from a lesser-known regional company. They may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate and Progressive.
Affordable insurance can be sourced from both online companies in addition to many insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies do not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.