Did you fall for a flashy sales pitch and buy an overpriced insurance policy? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out. Drivers have multiple auto insurance companies to choose from, and although it’s a good thing to have multiple companies, so many choices can make it hard to adequately compare rates.
It’s a good idea to compare prices periodically because insurance rates change regularly. Just because you found the lowest price for L-Series coverage a year ago you can probably find a better price now. Starting right now, forget all the misinformation about insurance because I’m going to teach you the best methods to find better rates and still maintain coverage.
Lowering your 2002 Saturn L-Series auto insurance rates doesn’t have to be difficult. The only requirement is to take a couple of minutes to compare quotes online with multiple companies. This is very easy and can be done in just a few minutes using one of these methods.
For a list of links to insurance companies in your area, click here.
It’s your choice how you get your quotes, but be sure to compare identical information with every price quote. If you use different limits and deductibles on each one it’s not possible to find the best deal for your Saturn L-Series.
Companies offering auto insurance don’t always publicize every discount in a way that’s easy to find, so we break down both the well known and also the lesser-known auto insurance savings. If you aren’t receiving every discount you qualify for, you are paying more than you should be.
It’s important to understand that most credits do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, companies wouldn’t make money that way.
A partial list of companies that possibly offer these discounts include:
Check with each insurance company how you can save money. All car insurance discounts might not be offered in every state.
When buying proper insurance coverage for your vehicles, there really is not a perfect coverage plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions might point out whether your personal situation will benefit from professional help.
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.
Understanding the coverages of your insurance policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages found on the average insurance policy.
This coverage will pay to fix damage to your L-Series caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things such as backing into a parked car, rolling your car, hitting a mailbox and colliding with a tree. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.
Liability coverage can cover injuries or damage you cause to a person or their property by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.
Liability coverage protects against claims such as repair costs for stationary objects, medical expenses, funeral expenses and pain and suffering. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible.
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like funeral costs, nursing services and X-ray expenses. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible
Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Saturn L-Series.
Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.
This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as damage from getting keyed, a tree branch falling on your vehicle and vandalism. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.