Pretty sure you bought an expensive auto insurance policy? It’s quite common and there are many drivers thinking the same thing. Consumers have so many car insurance companies to pick from, and even though it’s nice to have a selection, more options can take longer to find the best rates.
You should make it a habit to shop coverage around as often as possible because auto insurance rates tend to go up over time. Despite the fact that you may have had the best premium rates on 190-Class insurance a year ago you can probably find a better price now. There is a lot of bad information regarding auto insurance online but in just a couple of minutes you can learn a lot of great tips on how to slash your auto insurance rates.
The purpose of this article is to instruct you on how car insurance quotes work and some money-saving tips. If you currently have car insurance, you will most likely be able to save some money using these tips. Drivers just need to know how to get comparison rates over the internet.
Lots of things are part of the equation when you get your auto insurance bill. Most are fairly basic such as your driving record, although some other factors are not quite as obvious such as whether you are married or how safe your car is.
Companies that sell car insurance don’t necessarily list all their discounts very well, so the below list has some of the best known and the more hidden credits available to you.
A quick disclaimer, some of the credits will not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you could get a free auto insurance policy, it’s just not the way it works.
A few of the larger companies and some of their more popular discounts are shown below.
If you want cheap car insurance quotes, ask all companies you are considering the best way to save money. Some discounts may not apply to policies in your area. If you would like to choose from a list of insurers that offer the discounts shown above, click here to view.
When choosing proper insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is unique so this has to be addressed. Here are some questions about coverages that can help discover if your situation might need professional guidance.
If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.
Learning about specific coverages of your auto insurance policy can be of help when determining the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on most auto insurance policies.
Auto liability insurance – This coverage provides protection from injuries or damage you cause to people or other property by causing an accident. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability can pay for things such as funeral expenses, attorney fees, court costs and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.
Uninsured/Underinsured Motorist (UM/UIM) – This provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your 1993 Mercedes-Benz 190-Class.
Since many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.
Collision coverage – Collision coverage covers damage to your 190-Class from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims such as sustaining damage from a pot hole, driving through your garage door, colliding with a tree, sideswiping another vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also raise the deductible to get cheaper collision coverage.
Comprehensive insurance – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as a broken windshield, damage from getting keyed and falling objects. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as hospital visits, chiropractic care and surgery. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage
Cheaper 1993 Mercedes-Benz 190-Class insurance can be bought on the web in addition to local insurance agencies, and you need to comparison shop both to have the best selection. Some insurance companies do not offer online price quotes and many times these small insurance companies only sell through independent agencies.
While you’re price shopping online, make sure you don’t skimp on critical coverages to save a buck or two. There are many occasions where someone dropped full coverage only to discover later that they should have had better coverage. Your focus should be to buy enough coverage at the best price, but don’t skip important coverages to save money.