Have you fallen victim to an underperforming, overpriced car insurance policy? Believe me, many consumers are feeling buyer’s remorse and feel like there’s no way out. Because there are so many car insurance companies to choose from, it can be diffult for consumers to choose the right insurer.
Most companies like Allstate, GEICO and Progressive provide coverage prices directly from their websites. The process is pretty easy as you just type in your personal and coverage information into a form. Once entered, the system makes automated requests for credit information and your driving record and provides a quote based on many factors. This simplifies rate comparisons, but the work required to visit many different websites and type in the same information can be a bit tiresome and repetitive. Unfortunately, it is important to have as many quotes as possible if you want to find better car insurance pricing.
Rate comparisons made easy
A less time-consuming method to lower your rates requires only one form that obtains quotes from a bunch of companies at once. It’s a real time-saver, requires much less work on your part, and makes online price comparison much easier to do. As soon as the form is sent, it gets priced with multiple companies and you can pick any or none of the returned quotes. If a lower price is quoted, it’s easy to complete the application and purchase coverage. The entire process takes 15 minutes at the most and may save quite a bit of money.
If you want to find out if lower rates are available, click here to open in new window and submit the form. If you have a policy now, it’s recommended you input the coverages exactly as they are listed on your policy. Doing this assures you are getting rate quotes using the same coverage and limits.
Consumers constantly see and hear ads for car insurance savings from companies such as Allstate, GEICO and Progressive. All the ads say the same thing about savings if you switch your policy.
How do they all make the same claim?
Different companies have a certain “appetite” for the driver that is profitable for them. For example, a preferred risk might be profiled as over the age of 50, has no prior claims, and has a high credit rating. Any driver that hits that “sweet spot” will qualify for the lowest rates and is almost guaranteed to save a lot of money.
Drivers who don’t measure up to the “perfect” profile will be charged higher rates which leads to the driver buying from a lower-cost company. The ads state “customers who switch” not “everyone that quotes” save that much. That’s the way insurance companies can claim big savings. That is why you need to get as many quotes as possible. You cannot predict which insurance companies will have the lowest Chevy Cavalier insurance rates.
Companies don’t necessarily list every discount very well, so here is a list some of the more common and also the lesser-known car insurance savings. If you don’t get every credit you qualify for, you are throwing money away.
It’s important to note that some credits don’t apply to all coverage premiums. Some only reduce the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears you would end up receiving a 100% discount, it doesn’t quite work that way.
To see a list of companies with discount car insurance rates, click this link.
When choosing coverage, there really is no one size fits all plan. Every situation is different so this has to be addressed. Here are some questions about coverages that could help you determine whether or not you would benefit from professional advice.
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
Learning about specific coverages of your policy aids in choosing the best coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most auto insurance policies.
Liability insurance provides protection from injuries or damage you cause to other people or property. It protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.
Liability insurance covers claims such as repair costs for stationary objects, bail bonds and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.
Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims like crashing into a ditch, driving through your garage door, colliding with a tree, rolling your car and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for things like damage from getting keyed, a broken windshield, fire damage and hitting a deer. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Uninsured Motorist or Underinsured Motorist insurance
This coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 2005 Chevy Cavalier.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Insurance for medical payments
Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for dental work, EMT expenses, funeral costs and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay
Low-cost 2005 Chevy Cavalier insurance can be purchased from both online companies in addition to many insurance agents, and you should be comparing both to have the best chance of lowering rates. A few companies do not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.
As you restructure your insurance plan, it’s very important that you do not reduce coverage to reduce premium. There are many occasions where someone sacrificed collision coverage and found out when filing a claim that it was a big error on their part. Your aim should be to find the BEST coverage at the best price while still protecting your assets.
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