No one in their right mind looks forward to paying for auto insurance, particularly when their premiums are too high. Lots of insurance companies contend for your insurance dollar, and because of this it can be hard to compare insurers to find the lowest price
Auto insurance companies don’t always list every available discount in a way that’s easy to find, so we took the time to find both the well known and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount you qualify for, you are throwing money away.
A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Most cut the price of certain insurance coverages like liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, it doesn’t quite work that way.
For a list of insurance companies offering insurance coverage discounts, click this link.
When buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions could help you determine whether or not you might need an agent’s assistance.
If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.
Consumers get pounded daily by advertisements for cheaper car insurance by companies like Allstate, GEICO and Progressive. They all make an identical promise that you can save if you change to them.
How does each company make the same claim?
All the different companies can use profiling for the driver that makes them money. A good example of a desirable insured might be profiled as over the age of 40, has no tickets, and drives less than 10,000 miles a year. Any new insured who matches those parameters will get the preferred rates and is almost guaranteed to save when they switch companies.
Drivers who do not match the “perfect” profile will be quoted a more expensive rate which leads to the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “people who quote” save money. That’s the way companies can truthfully make the claims of big savings. This emphasizes why drivers should compare many company’s rates. Because you never know which company will provide you with the cheapest Ford Econoline Wagon insurance rates.
Knowing the specifics of insurance can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverages found on the average insurance policy.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Ford Econoline Wagon.
Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.
Comprehensive (Other than Collision) – This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like hitting a deer, theft, vandalism, fire damage and a tree branch falling on your vehicle. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for things like rolling your car, sideswiping another vehicle and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.
Liability insurance – This coverage will cover injuries or damage you cause to a person or their property. This insurance 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. You commonly see values of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.
Liability coverage pays for claims such as repair costs for stationary objects, pain and suffering and legal defense fees. How much coverage you buy is a personal decision, but consider buying as much as you can afford.
Medical expense insurance – Coverage for medical payments and/or PIP pay for immediate expenses for things like X-ray expenses, ambulance fees, rehabilitation expenses, dental work and doctor visits. 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 getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
We just showed you many tips how you can get a better price on 2009 Ford Econoline Wagon insurance. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your rates. You may be surprised to find that the most savings is with an unexpected company. These companies may have significantly lower rates on certain market segments compared to the large companies like State Farm, GEICO and Nationwide.
Discount insurance is definitely available both online and also from your neighborhood agents, so compare prices from both to have the best rate selection. Some insurance companies may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.
As you restructure your insurance plan, don’t be tempted to buy poor coverage just to save money. There have been many cases where an insured cut uninsured motorist or liability limits and discovered at claim time they didn’t have enough coverage. Your strategy should be to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.
Additional information can be read at the links below