Are you intimidated by the dozens of insurance coverage company choices? You’re not the only one! There are so many choices that it can be a real challenge to find the perfect company for you.
All major car insurance companies such as GEICO, State Farm and Progressive give prices directly from their websites. The process doesn’t take much effort as you simply type in the coverages you want into a form. When complete, the company’s rating system gets your driving record and credit report and returns pricing information.
This streamlines rate comparisons, but having to visit each company’s website and repetitively fill out multiple forms gets old quite quickly. But it’s absolutely necessary to get many rate quotes if you want to find the lowest price.
The easiest way to compare car insurance pricing requires only one form that analyzes rates from a bunch of companies at once. This type of form saves time, requires less work, and makes online quotes much easier to do. After sending your information, it is quoted and you can choose any one of the quote results. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the policy. The whole process only takes a few minutes and may save quite a bit of money.
To save time and find out how much you’re overpaying now, simply click here to open in new window and enter your vehicle and coverage information. If you have a policy now, it’s recommended you enter the insurance coverages exactly as shown on your declarations page. This helps ensure you will get a fair comparison based on identical coverages.
Smart consumers have a good feel for the factors that help determine car insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that could result in lower car insurance prices.
The following are some of the items used by your company to calculate premiums.
Car insurance companies do not list every discount very clearly, so here is a list both the well known as well as the least known discounts you could be receiving.
Drivers should understand that most of the big mark downs will not be given the the whole policy. A few only apply to specific coverage prices like collision or personal injury protection. Just because you may think all the discounts add up to a free policy, it just doesn’t work that way.
To see a list of insurance companies who offer insurance coverage discounts, click here.
When it comes to choosing adequate coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s situation is a little different.
For example, these questions might point out if your insurance needs may require specific advice.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Having a good grasp of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording.
This protects you from damage that occurs to other people or property. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.
Liability insurance covers things like medical expenses, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.
Coverage for medical payments and/or PIP pay for short-term medical expenses for things like dental work, doctor visits and EMT expenses. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for things such as damage from getting keyed, damage from flooding, vandalism and fire damage. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like scraping a guard rail, backing into a parked car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.
Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your MINI Cooper.
Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Consumers leave their current company for a number of reasons such as high rates after DUI convictions, not issuing a premium refund, an unsatisfactory settlement offer or extreme rates for teen drivers. No matter why you want to switch, finding a new insurance company can be less work than you think.
Cheaper 2010 MINI Cooper insurance is available online and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. Some insurance companies may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
We just covered a lot of techniques to shop for insurance online. The key concept to understand is the more companies you get rates for, the better likelihood of reducing your rate. Consumers may even find the lowest rates come from the least-expected company.
Much more information about insurance can be read below: