I can’t think of anyone who likes having to buy auto insurance, especially knowing their premiums are too high.
Consumers have many insurers to choose from, and though it is a good thing to be able to choose, it can be more challenging to get the best deal.
It’s smart to take a look at other company’s rates periodically due to the fact that insurance rates change frequently. Even if you think you had the best price for Brooklands insurance a couple years back a different company probably has better rates today. Forget anything you know (or think you know) about auto insurance because you’re about to find out the fastest and easiest way to buy cheaper auto insurance.
Finding affordable coverage is quite easy. If you currently have a car insurance policy, you should be able to lower your premiums substantially using these techniques. But car owners do need to know how the larger insurance companies sell online and use this information to your advantage.
Auto insurance companies don’t necessarily list all their discounts in an easy-to-find place, so we took the time to find some of the best known and the harder-to-find ways to save on auto insurance.
Drivers should understand that most discounts do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you could get a free auto insurance policy, companies wouldn’t make money that way.
Insurance companies that possibly offer some of the above discounts include:
Before buying, ask every prospective company what discounts are available to you. All car insurance discounts may not apply everywhere.
Smart consumers have a good feel for the factors that help determine the rates you pay for insurance. Having a good understanding of what controls the rates you pay allows you to make educated decisions that can help you get much lower annual insurance costs.
The following are some of the factors companies use to determine your rates.
When buying adequate coverage, there really is no “perfect” insurance plan. Each situation is unique so this has to be addressed. For instance, these questions could help you determine whether you will benefit from professional help.
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.
Learning about specific coverages of insurance helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages offered by insurance companies.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your 2010 Bentley Brooklands.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.
Insurance for medical payments
Coverage for medical payments and/or PIP kick in for bills for doctor visits, dental work and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage
Liability auto insurance
Liability coverage provides protection from injuries or damage you cause to other’s property or people. This insurance protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: 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 $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.
Liability insurance covers claims such as repair costs for stationary objects, bail bonds, loss of income and medical services. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.
Comprehensive coverage (or Other than Collision)
This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like vandalism, hail damage, hitting a deer, a tree branch falling on your vehicle and a broken windshield. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.
This pays for damage to your Brooklands caused by collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for things such as colliding with a tree, scraping a guard rail, backing into a parked car and hitting a mailbox. This coverage can be expensive, 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.
When shopping online for insurance coverage, it’s not a good idea to buy less coverage just to save a little money. There are too many instances where an insured dropped collision coverage and discovered at claim time that it was a big error on their part. The proper strategy is to buy a smart amount of coverage at the best price, not the least amount of coverage.
Cheaper 2010 Bentley Brooklands insurance is available from both online companies in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance coverage companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.