Nobody I know looks forward to buying insurance coverage, in particular when their premiums are too high. Multiple insurers compete for your hard-earned dollar, so it’s not easy to compare every provider and get the definite lowest rate
Smart consumers have a good feel for the rating factors that go into determining the rates you pay for insurance. Understanding what determines base rates empowers consumers to make smart changes that can help you get better insurance rates.
Companies offering auto insurance don’t always publicize every available discount in a way that’s easy to find, so we researched both the well known as well as the least known discounts you could be receiving. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.
A little note about advertised discounts, most credits do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way.
To see a list of insurance companies with discount auto insurance rates, click this link.
When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions might point out whether you may require specific advice.
If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.
Learning about specific coverages of your car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most car insurance policies.
This protects you from damage or injury you incur to other people or property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t 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. As an example, you may have liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage protects against claims like attorney fees, legal defense fees, pain and suffering, funeral expenses and structural damage. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.
Coverage for medical payments and/or PIP provide coverage for expenses such as ambulance fees, doctor visits and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers you and your occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage
This coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Volkswagen e-Golf.
Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
This coverage covers damage to your e-Golf resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims such as crashing into a ditch, sideswiping another vehicle, damaging your car on a curb, colliding with a tree and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.
This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like a broken windshield, damage from a tornado or hurricane, damage from flooding and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
We’ve covered some good ideas how to get a better price on 2015 Volkswagen e-Golf insurance. The most important thing to understand is the more you quote, the better your chances of lowering your rates. You may even discover the most savings is with an unexpected company. They can often insure niche markets at a lower cost than their larger competitors like GEICO and State Farm.
While you’re price shopping online, make sure you don’t skimp on coverage in order to save money. In many cases, someone sacrificed liability limits or collision coverage and found out when filing a claim that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.
Additional detailed information can be read by following these links: