Cutting costs on insurance is always difficult for consumers not familiar with buying insurance online. There are so many options available that it can turn into a real challenge to compare prices.
You need to do rate comparisons once or twice a year due to the fact that insurance rates change frequently. If you had the best deal on Continental GTC Speed insurance a year ago a different company probably has better rates today. Starting right now, ignore everything you know about insurance because you’re going to get a crash course in how to use the internet to save on insurance.
The purpose of this post is to introduce you to the best way to quote coverages. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these techniques. But consumers can benefit from knowing the way insurance companies determine prices and take advantage of how the system works.
There are a lot of ways to compare insurance prices but one way is more efficient than others. You could spend your day talking to insurance agencies in your area, or you can stay home and use online quoting to get the quickest rates.
Most of the best insurance companies enroll in a system that enables customers to only type in their quote data once, and every company then gives them pricing determined by their information. This system prevents you from having to do quotation requests to each individual insurance company.
To use this form to compare 2010 Bentley Continental GTC Speed insurance rates click here to open in new window.
The only downside to getting quotes like this is you can’t choose which companies you will receive quotes from. So if you prefer to pick from a list of companies to compare prices, we have assembled a list of companies who write insurance in your area. Click to view list.
It’s your choice how you get your quotes, but ensure you are comparing exactly the same coverage limits and deductibles with each company. If you have different liability limits you can’t possibly decipher which rate is best. Slightly different limits can result in a big premium difference. Keep in mind that quoting more will increase your chances of finding the best rates.
Insurance can be prohibitively expensive, but you may find discounts that can drop the cost substantially. Most are applied when you purchase, but some must be specifically requested before they will apply.
Consumers should know that some credits don’t apply to all coverage premiums. Some only reduce the cost of specific coverages such as comp or med pay. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way. Any amount of discount will cut the amount you have to pay.
A partial list of companies that possibly offer these discounts may include but are not limited to:
It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Some discounts may not apply in your state.
When it comes to buying proper insurance coverage, there is no cookie cutter policy. Everyone’s needs are different.
Here are some questions about coverages that might point out whether your personal situation would benefit from professional advice.
If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form.
Knowing the specifics of your car insurance policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.
Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.
Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like scraping a guard rail, rolling your car and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.
Comprehensive or Other Than Collision
This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims like rock chips in glass, vandalism, hitting a bird and falling objects. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Medical costs insurance
Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like ambulance fees, chiropractic care and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Coverage for liability
This coverage protects you from damages or injuries you inflict on people or other property in an accident. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.
Liability insurance covers things such as pain and suffering, repair costs for stationary objects, legal defense fees and medical services. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.
People switch companies for any number of reasons including questionable increases in premium, unfair underwriting practices, poor customer service or not issuing a premium refund. No matter why you want to switch, choosing a new insurance company is actually quite simple.
As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. In many instances, drivers have reduced comprehensive coverage or liability limits only to regret at claim time they didn’t purchase enough coverage. The proper strategy is to get the best coverage possible at the best price while not skimping on critical coverages.
Affordable 2010 Bentley Continental GTC Speed insurance can be purchased on the web in addition to many insurance agents, and you need to price shop both to have the best rate selection. A few companies do not provide online quoting and these small, regional companies work with independent agents.