Looking for better insurance coverage rates for your Buick Regal? Having to pay for overpriced insurance coverage can deplete your accounts and force you to prioritize other expenses.
Lots of insurance companies contend to insure your vehicles, so it’s not easy to compare every insurance company to find the absolute lowest rate possible.
You need to check insurance coverage prices quite often because prices change quite often. Just because you had the best price for Regal coverage last year you may be paying too much now. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to the best way to properly buy coverages while reducing your premium.
An important part of buying insurance is that you know the factors that play a part in calculating your policy premiums. If you know what influences your rates, this helps enable you to make changes that can help you get lower auto insurance prices.
Companies that sell car insurance do not advertise all possible discounts in an easy-to-find place, so the below list has a few of the more well known and the harder-to-find credits available to bring down your rates. If you do not check that you are getting every discount available, you are throwing money away.
You should keep in mind that most discounts do not apply the the whole policy. Most only apply to the price of certain insurance coverages like comp or med pay. So even though it sounds like adding up those discounts means a free policy, it doesn’t quite work that way.
Some of the insurance companies that have most of the discounts above include:
When getting free insurance coverage quotes, it’s a good idea to every prospective company to apply every possible discount. Some of the earlier mentioned discounts might not apply in your area. If you would like to see a list of insurance companies that offer the discounts shown above, follow this link.
When it comes to choosing proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is unique so your insurance should reflect that These are some specific questions may help you determine if you would benefit from an agent’s advice.
If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.
Having a good grasp of your policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the usual coverages available from auto insurance companies.
Comprehensive auto insurance
This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like vandalism, a tree branch falling on your vehicle, falling objects and hitting a deer. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
This coverage will cover injuries or damage you cause to other’s property or people that is your fault. It protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.
Liability can pay for things such as court costs, loss of income, repair costs for stationary objects and pain and suffering. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.
Collision insurance pays for damage to your Regal resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims such as backing into a parked car, hitting a mailbox, damaging your car on a curb and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.
Coverage for uninsured or underinsured drivers
Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.
Coverage for medical expenses
Coverage for medical payments and/or PIP kick in for bills for doctor visits, EMT expenses and hospital visits. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. There are a lot of situations where someone dropped full coverage and discovered at claim time that the savings was not a smart move. Your focus should be to get the best coverage possible at an affordable rate, not the least amount of coverage.
Cheaper car insurance is possible on the web and also from your neighborhood agents, and you should compare rates from both in order to have the best price selection to choose from. Some insurance providers don’t offer online quoting and many times these regional carriers sell through independent agents.
For more information, feel free to visit the resources below: