No one likes buying auto insurance, especially when they are aware that it costs too dang much.
Companies like Progressive, GEICO and Farmers Insurance all promote huge savings with ads and it can be hard to separate fact from fiction and do the work needed to find the best deal.
It’s a great practice to do rate comparisons before your next renewal because insurance prices go up and down regularly. Just because you had the best price on Probe insurance six months ago other companies may now be cheaper. There are a lot of ways to save on auto insurance on the web, but you can learn some great ways to find affordable auto insurance.
Some providers don’t necessarily list every possible discount very well, so we took the time to find both well-publicized and also the more inconspicuous credits that may apply to you. If you do not check that you are getting every discount you qualify for, you are paying more than you should be.
A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most only cut individual premiums such as comp or med pay. So when it seems like adding up those discounts means a free policy, it’s just not the way it works. Any qualifying discounts should definitely cut the amount you have to pay.
To see a list of insurance companies that offer the discounts shown above, click here to view.
When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions can help discover if you would benefit from professional advice.
If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to 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.
Knowing the specifics of your policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages found on most auto insurance policies.
Protection from uninsured/underinsured drivers
This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your 1994 Ford Probe.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently these limits are set the same as your liablity limits.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like ambulance fees, pain medications and EMT expenses. They are used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Comprehensive (Other than Collision)
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as hitting a deer, damage from getting keyed, hitting a bird, hail damage and rock chips in glass. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Liability insurance can cover injuries or damage you cause to people or other property by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 which stand for a limit of $100,000 per injured person, 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 number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.
Liability insurance covers things such as structural damage, funeral expenses, repair bills for other people’s vehicles, bail bonds and court costs. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.
Collision coverage protection
This coverage covers damage to your Probe from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for claims like crashing into a ditch, sideswiping another vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also raise the deductible in order to get cheaper collision rates.
As you quote insurance coverage, it’s a bad idea to sacrifice coverage to reduce premiums. In many instances, someone sacrificed liability limits or collision coverage only to discover later that it was a big error on their part. Your strategy should be to purchase plenty of coverage for the lowest price, but do not sacrifice coverage to save money.
Some companies may not have the ability to get a quote online and most of the time these regional insurance providers prefer to sell through independent agents. Affordable 1994 Ford Probe insurance is definitely available from both online companies in addition to local insurance agencies, so you need to compare both in order to have the best price selection to choose from.
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