Beginners to comparison shopping online may find finding cheap insurance coverage quite challenging.
Smart consumers take time to do rate comparisons yearly because prices change quite often. Even if you think you had the best deal for Flex coverage a year ago there may be better deals available now. Starting now, forget anything you know (or think you know) about insurance coverage because we’re going to show you the best methods to lower your annual insurance bill.
The purpose of this post is to tell you the best way to quote coverages and some tricks to saving. If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these techniques. Although consumers must understand how companies market on the web because it can help you find the best coverage.
The are a couple different ways to get quotes from local insurance companies. The best way to find the cheapest 2015 Ford Flex insurance rates is simply to get online rate quotes. This is very easy and can be done in a couple of different ways.
One of the simplest ways to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This method saves time by eliminating multiple quote forms for every insurance company. One form will get you rate comparisons from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
A less efficient way to obtain and compare quotes online consists of visiting each company website to complete their respective quote request forms. For example, let’s say you want comparison quotes from Farmers, Allstate and Progressive. To find out each rate you need to spend time on each company’s site and enter your policy data, which is why the first method is quicker. To view a list of companies in your area, click here.
It doesn’t matter which method you choose, just double check that you are using identical coverage limits and deductibles for every quote you compare. If you have different values for each quote then you won’t be able to truly determine the lowest rate. Slightly different limits may result in a large different in cost. And when comparison shopping, having more price comparisons helps you find a lower rate.
Insurance can cost an arm and a leg, but discounts can save money and there are some available to reduce the price significantly. Certain discounts will be triggered automatically when you get a quote, but some may not be applied and must be inquired about before being credited.
Consumers should know that some credits don’t apply to your bottom line cost. Most only reduce specific coverage prices like comprehensive or collision. So even though it sounds like having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any qualifying discounts will cut the amount you have to pay.
For a list of providers offering insurance coverage discounts, click this link.
When choosing coverage, there really is no single plan that fits everyone. Every situation is different.
For instance, these questions might point out if your situation might need an agent’s assistance.
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form.
Having a good grasp of your auto insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.
Liability auto insurance
This coverage protects you from damage that occurs to other people or property. This coverage protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage pays for things like medical expenses, medical services, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.
This covers damage to your Flex from colliding with an object or car. A deductible applies and then insurance will cover the remainder.
Collision can pay for claims such as colliding with a tree, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.
Uninsured/Underinsured Motorist coverage
This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 2015 Ford Flex.
Since a lot of drivers 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 is very important. Normally the UM/UIM limits do not exceed the liability coverage limits.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for surgery, prosthetic devices and X-ray expenses. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible
Comprehensive insurance coverage pays for 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 coverage protects against claims such as rock chips in glass, damage from flooding, falling objects and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.