Having to pay for high-priced car insurance can bottom out your savings and possibly require postponing other expenditures. Shopping your coverage around is an excellent way to reduce premiums and put more money in your pocket.
Insurance companies such as Progressive, State Farm and GEICO all promote huge savings with fancy advertisements and consumers find it hard to see past the geckos and flying pigs and take the time to shop coverage around.
Many insurance companies like State Farm, Allstate and GEICO allow consumers to get price estimates on their websites. Doing online quotes doesn’t take a lot of time because it’s just a matter of typing in your coverage information into the form. After you complete the form, their quoting system requests information on your driving record and credit history and returns a price. Online price estimates makes it a lot easier to compare rates but the work required to visit a lot of sites and type in the same information can be a bit repetitive. But it is imperative to do this if you want to get the best price on insurance.
There is a better way to compare rates
The easiest way to find lower prices utilizes a single form to get prices from a lot of companies. It saves time, requires much less work on your part, and makes online quotes much easier. As soon as you send your information, it is rated and you are able to buy any one of the resulting price quotes.
If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. It takes less than 15 minutes and may save quite a bit of money.
To quickly find out how much you’re overpaying now, simply click here to open in new window and submit the form. If you currently have coverage, we recommend that you enter just like they are on your policy. This guarantees you will be getting a fair comparison based on similar coverages.
The cost of insuring your cars can be expensive, but you can get discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically when you complete an application, but some discounts are required to be requested specifically prior to getting the savings.
As a disclaimer on discounts, most discount credits are not given the the whole policy. Most cut individual premiums such as liability, collision or medical payments. If you do the math and it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.
A list of car insurance companies and some of the premium reductions they offer can be found below.
If you are trying to find low cost insurance coverage quotes, ask every insurance company to give you their best rates. Depending on the company, some discounts might not be offered on policies in your area. If you would like to view companies that have a full spectrum of discounts, click here.
When choosing adequate coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions could help you determine if you may require specific advice.
If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.
Having a good grasp of your policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are the usual coverages offered by car insurance companies.
This coverage pays for damage to your Sephia 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 like hitting a mailbox, driving through your garage door, backing into a parked car and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.
This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as hitting a deer, rock chips in glass and theft. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
This will cover damage or injury you incur to a person or their property that is your fault. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.
Liability can pay for claims like bail bonds, medical services, emergency aid, pain and suffering and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like X-ray expenses, surgery and prosthetic devices. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and also any damage incurred to your Kia Sephia.
Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time these coverages are identical to your policy’s liability coverage.