Trying to find lower auto insurance rates for your Cadillac XLR? Have you fallen victim to overpriced auto insurance? Believe me, there are a lot of people just like you who feel imprisoned by their auto insurance policy. Having so many companies to choose from, it can be hard to find the most cost effective insurer.
Most companies like Allstate, GEICO and Progressive provide coverage prices on the web. Getting quotes doesn’t take a lot of time as you just enter your coverage preferences as requested by the quote form. When complete, the system will order your driving record and credit report and provides a quote. Quoting online streamlines rate comparisons, but the work required to visit a lot of sites and enter the same data into a form is not the best way to spend an afternoon. Unfortunately, it is important to compare as many rates as possible in order to find the best price on auto insurance.
There is a better way!
A more efficient way to compare auto insurance pricing is to use a quote form to obtain quotes from a lot of companies. The form is fast, requires less work, and makes online quotes much easier to do. After your information is entered, it is rated and you can choose any of the resulting price quotes. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. This process takes 15 minutes at the most and you will know how your current rates stack up.
To save time and compare pricing, simply click here to open in new window and enter your information. If you have your current policy handy, we recommend you enter your coverages just like they are on your policy. This helps ensure you will have a rate comparison using the exact same coverages.
When it comes to buying coverage, there is no perfect coverage plan. Every situation is different so your insurance needs to address that. For instance, these questions might help in determining if you will benefit from professional help.
If you can’t answer these questions, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of car insurance companies in your area. It only takes a few minutes and may give you better protection.
Learning about specific coverages of a car insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement. Shown next are the usual coverages found on the average car insurance policy.
Coverage for liability – Liability insurance can cover damage that occurs to other’s property or people. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.
Liability coverage pays for things like attorney fees, medical expenses and court costs. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.
Collision coverages – Collision coverage covers damage to your XLR from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision coverage pays for things like damaging your car on a curb, hitting a parking meter and crashing into a building. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.
Comprehensive auto coverage – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like fire damage, damage from getting keyed and vandalism. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like X-ray expenses, EMT expenses, nursing services and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay