Are you a victim of an underperforming, overpriced car insurance policy? Believe me when I say there are many people just like you. Numerous car insurance companies battle for your insurance dollar, so it’s not easy to compare every insurance company to get the lowest cost out there.
It is always a good idea to do rate comparisons yearly because insurance rates change frequently. Just because you found the lowest rates for Town Car coverage two years ago a different company probably has better rates today. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to the fastest way to lower your rates without sacrificing coverage.
If you are insured now or need new coverage, you can use these techniques to find the best rates and possibly find even better coverage. Finding affordable coverage is quite easy. Drivers only need to know how to compare prices on the web.
Companies that sell car insurance don’t necessarily list all available discounts very clearly, so we break down some of the best known and the harder-to-find savings tricks you should be using. If you’re not getting every credit available, you are throwing money away.
It’s important to understand that most discounts do not apply the the whole policy. Most only reduce specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears all those discounts means the company will pay you, you won’t be that lucky.
To see a list of companies offering car insurance discounts, follow this link.
There are a lot of ways to compare car insurance quotes, but there is one way that is more efficient than others. You could waste a few hours driving to insurance companies in your area, or you could save time and use online quotes to get pricing more quickly.
Many of the larger companies participate in an industry program that enables customers to submit their information once, and every company can give them a price based on that information. This eliminates the need for repetitive form submissions to every company.
To access this free quoting program, click here to open in new window.
The one downside to doing it this way is you are unable to specify the companies to receive prices from. So if you prefer to choose specific providers to compare prices, we have a page of car insurance companies in your area. Click here to view list.
Whichever way you use, make darn sure you compare the exact same deductibles and coverage limits for each price quote. If you compare different liability limits you can’t possibly determine which rate is truly the best.
When buying the right insurance coverage, there is no “perfect” insurance plan. Every situation is different so this has to be addressed. For instance, these questions can aid in determining whether your personal situation will benefit from professional help.
If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area. It’s fast, free and you can get the answers you need.
Knowing the specifics of your policy aids in choosing the right coverages for your vehicles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverages found on most insurance policies.
Coverage for uninsured or underinsured drivers
This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Lincoln Town Car.
Because many people 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 should not be overlooked.
Collision insurance covers damage to your Town Car from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims such as sideswiping another vehicle, colliding with a tree, scraping a guard rail, crashing into a ditch and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.
Auto liability insurance
This coverage provides protection from damages or injuries you inflict on other’s property or people by causing an accident. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.
Liability coverage pays for things such as loss of income, funeral expenses and emergency aid. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Coverage for medical expenses
Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like dental work, hospital visits, pain medications, surgery and EMT expenses. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
Comprehensive insurance coverage covers 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 claims such as hitting a bird, theft, damage from a tornado or hurricane, rock chips in glass and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
As you restructure your insurance plan, don’t be tempted to buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced liability limits or collision coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to find the BEST coverage at an affordable rate while still protecting your assets.
Cheaper 2007 Lincoln Town Car insurance is available on the web in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates. A few companies do not provide online quoting and many times these small insurance companies only sell through independent insurance agents.
We just showed you some good ideas how you can get a better price on insurance. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. You may be surprised to find that the best prices are with a company that doesn’t do a lot of advertising. Regional companies often have lower prices on specific markets than the large multi-state companies such as Progressive or GEICO.
Additional information can be found on the following sites: