Nobody I know likes buying insurance coverage, especially when they know they are paying too much. Companies like Allstate, Progressive and GEICO all promote huge savings with ads and it can be hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.
It’s a good habit to compare rates as often as possible because insurance coverage prices change quite often. Even if you think you had the lowest rates for Altima insurance on your last policy you can probably find a better premium rate now. Forget all the misinformation about insurance coverage because we’re going to show you one of the best ways to save money, get proper coverage and the best rates.
Shopping for lower car insurance rates can be a daunting task if you don’t know the easiest way. You can waste a few hours (or days) driving to agents in your area, or you can stay home and use the internet to get pricing more quickly.
Many insurance companies participate in an industry program that enables customers to submit their information once, and each company can provide price quotes. This prevents consumers from doing repetitive form submissions for each company you want a rate for. To get comparison pricing now click here to open in new window.
The one downside to using this type of system is you are unable to specify which providers you will receive quotes from. If you would rather choose specific providers to compare, we have assembled a list of car insurance companies in your area. Click here to view list.
However you get your quotes, ensure you are comparing apples-to-apples coverages and limits for every quote you compare. If the quotes have unequal deductibles or liability limits you can’t possibly determine which company has the best rates.
When choosing adequate coverage for your vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions can help discover whether your personal situation would benefit from an agent’s advice.
If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.
Having a good grasp of insurance can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement. Below you’ll find typical coverages available from insurance companies.
Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.
Collision insurance covers things like scraping a guard rail, colliding with a tree and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.
Liability insurance can cover damages or injuries you inflict on people or other property that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
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 policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage pays for things such as repair costs for stationary objects, medical services and court costs. How much coverage you buy is up to you, but consider buying higher limits if possible.
Comprehensive insurance pays for 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 can pay for things like a tree branch falling on your vehicle, fire damage, damage from flooding, hitting a bird and theft. The most you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like surgery, dental work and rehabilitation expenses. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Nissan Altima.
Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages do not exceed the liability coverage limits.