Have you had enough of robbing Peter to pay Paul each month for auto insurance? You have the same problem as millions of other drivers. Numerous auto insurance companies battle for your insurance dollar, so it’s not easy to compare every provider to get the best rates possible.
The method we recommend to compare car insurance company rates is to know most of the bigger providers will pay a fee to give rate comparisons. The only thing you need to do is give the companies some data such as the make and model of your vehicles, daily mileage, if you are currently licensed, and what you do for a living. That information is instantly provided to multiple top-rated companies and they return cost estimate instantly to find the best rate.
Auto insurance is not cheap nor is it fun to buy but you might be missing out on some discounts that can drop the cost substantially. Many of these discounts will be applied automatically when you quote, but less common discounts must be specially asked for before you get the savings.
Policy discounts save money, but most credits do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages 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. But any discount will definitely lower your policy premium.
Popular auto insurance companies and their possible discounts are outlined below.
Before purchasing a policy, check with every prospective company to give you their best rates. A few discounts might not be offered in your area. To see providers with the best discounts, click here to view.
When choosing proper insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different so this has to be addressed. For instance, these questions can aid in determining if your insurance needs may require specific advice.
If it’s difficult to answer those questions but you know they apply to you, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Knowing the specifics of a car insurance policy can be of help when determining appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find typical coverage types found on the average car insurance policy.
Auto liability insurance – This coverage can cover damage or injury you incur to a person or their property. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.
Liability coverage protects against claims such as court costs, bail bonds, medical services, emergency aid and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.
Comprehensive coverages – This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like theft, hitting a bird, vandalism and rock chips in glass. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Uninsured and underinsured coverage – Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as damage to your Jeep Wrangler.
Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.
Collision coverage – This coverage will pay to fix damage to your Wrangler from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims such as rolling your car, sustaining damage from a pot hole, colliding with another moving vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.
Coverage for medical payments – Med pay and PIP coverage pay for short-term medical expenses such as X-ray expenses, hospital visits, funeral costs, rehabilitation expenses and pain medications. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage