Trying to come up with a payment for overpriced auto insurance can sap your budget and possibly require postponing other expenditures. Big-name insurance companies like Progressive, State Farm and GEICO promote their brand names with fancy advertisements and it is difficult to separate fact from fiction and find the best price available.
Performing a rate comparison can be a daunting task if you don’t understand the easiest way. You could waste a few hours driving to insurance companies in your area, or you could use the web to get prices fast.
Most of the larger companies participate in a marketplace where prospective buyers submit their information once, and each company returns a competitive quote. This system prevents you from having to do repetitive form submissions for each company you want a rate for.
To submit your quote information now, click here (opens in new window).
The only downside to using this type of form is you are unable to specify the companies you will receive quotes from. If you prefer to choose specific insurance companies to compare rates, we put together a list of insurance companies in your area. Click to view list.
It’s up to you how you get prices quotes, just compare the same coverage data for each quote you get. If you are comparing differing limits it will be impossible to make a fair rate comparison.
Companies that sell car insurance don’t necessarily list every policy discount very clearly, so we break down a few of the more well known in addition to some of the lesser obvious credits available to lower your premiums when you buy auto insurance online. If you’re not getting every credit you qualify for, you are paying more than you should be.
You can save money using discounts, but most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like it’s possible to get free car insurance, you aren’t that lucky.
A list of companies and the discounts they provide can be read below.
It’s a good idea to ask all the companies which credits you are entitled to. Some discounts listed above might not apply in every state. To locate insurance companies that provide some of the discounts listed above, click here to view.
When choosing coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions might help in determining whether or not you would benefit from an agent’s advice.
If you can’t answer these questions, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Having a good grasp of auto insurance can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. These are typical coverage types available from auto insurance companies.
This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims like rock chips in glass, hail damage and damage from getting keyed. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability insurance provides protection from damage that occurs to a person or their property that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.
Liability coverage pays for things like bail bonds, emergency aid, structural damage, medical expenses and repair bills for other people’s vehicles. How much coverage you buy is up to you, but buy higher limits if possible.
Collision insurance will pay to fix damage to your MX-6 resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for things such as colliding with a tree, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.
This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Med pay and PIP coverage provide coverage for short-term medical expenses for prosthetic devices, EMT expenses and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay