Are you a victim of an overpriced insurance policy? Trust us, you’re not alone. You have multiple car insurance companies to pick from, and although it’s a good thing to have multiple companies, lots of choices makes it harder to find the lowest cost provider.
It’s a good idea to take a look at other company’s rates yearly since rates are variable and change quite frequently. If you had the lowest price on M-Class coverage two years ago there is a good chance you can find better rates now. Forget anything you know (or think you know) about insurance because we’re going to demonstrate one of the easiest ways to buy cheaper insurance.
Finding the best rates is not that difficult. If you currently have car insurance, you will be able to reduce your rates substantially using these tips. Drivers only need an understanding of the tricks to get comparison rates online.
The method we recommend to compare car insurance rates takes advantage of the fact auto insurance companies have advanced systems to compare rate quotes. All you need to do is provide a small amount of information such as types of safety features, which vehicles you own, whether or not you need a SR-22, and how much coverage you want. That information is then sent to insurance companies and you receive quotes instantly to find the best rate.
Car insurance companies do not advertise every discount very well, so we took the time to find some of the more common as well as the least known insurance savings. If you don’t get every credit you deserve, you’re just leaving money on the table.
As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. The majority will only reduce individual premiums such as medical payments or collision. So when the math indicates you could get a free insurance policy, you won’t be that lucky.
Car insurance companies that may offer these money-saving discounts are:
Double check with all companies you are considering which discounts they offer. Savings might not apply everywhere.
When it comes to choosing coverage for your personal vehicles, there is no one size fits all plan. Every situation is different so this has to be addressed. For example, these questions might point out whether your personal situation could use an agent’s help.
If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.
Learning about specific coverages of car insurance can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are the usual coverages available from car insurance companies.
This coverage will pay to fix damage to your M-Class from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things like sideswiping another vehicle, colliding with another moving vehicle and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.
Personal Injury Protection (PIP) and medical payments coverage pay for bills for hospital visits, rehabilitation expenses, nursing services, doctor visits and pain medications. They are utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Liability insurance protects you from damage or injury you incur to a person or their property by causing an accident. It protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000.
Liability coverage protects against claims like legal defense fees, bail bonds, loss of income, medical services and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.
This covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things such as a tree branch falling on your vehicle, damage from getting keyed, damage from flooding, fire damage and hail damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
This coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Mercedes-Benz M-Class.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.