Confused by the number of auto insurance providers? You’re not alone. Consumers have so many providers available that it can really be hard work to find lower prices.
Consumers need to have an understanding of the factors that help calculate your premiums. If you have some idea of what determines base rates, this enables you to make decisions that could help you find much lower annual insurance costs. Many factors are taken into consideration when pricing auto insurance. Some are pretty understandable like your driving record, although some other factors are less apparent like your continuous coverage or your commute time.
The price of auto insurance can be rather high, but you might already qualify for some discounts to help bring down the price. Larger premium reductions will be automatically applied when you quote, but some need to be specially asked for before you will receive the discount.
As a disclaimer on discounts, some credits don’t apply to all coverage premiums. Some only reduce individual premiums such as medical payments or collision. So when the math indicates you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.
Insurance companies who may offer these discounts include:
When getting a coverage quote, ask every insurance company which discounts they offer. Some credits might not apply in every state. To choose insurance companies with the best insurance discounts, click here to view.
Big name companies like State Farm, GEICO and Progressive continually stream ads on television and other media. They all seem to make the same claim about saving some big amount if you change to them. It sounds good, but how can they all cost less than your current company? This is the trick they use.
Many companies have an ideal profile for the type of customer that makes them money. For example, a desirable risk may need to be over age 30, owns their home, and drives a car with an anti-theft system. A driver who meets those qualifications receive the lowest rate quotes and is almost guaranteed to cut their rates if they switch.
People who do not fit these standards will get a higher rate with the end result being the customer buying from a different company. If you pay close attention to the ads, they say “customers that switch” not “everyone that quotes” save the amount stated. This is how insurance companies can confidently make claims like that. This really illustrates why it is so important to get a wide range of price quotes. It is impossible to guess which insurance companies will have the lowest rates.
When it comes to choosing the right insurance coverage, there isn’t really a best way to insure your cars. Everyone’s situation is unique.
For instance, these questions may help you determine if your situation will benefit from professional help.
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form.
Learning about specific coverages of a auto insurance policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.
Liability car insurance – Liability coverage will cover damages or injuries you inflict on other’s property or people. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.
Liability coverage pays for things such as court costs, legal defense fees, structural damage, pain and suffering and funeral expenses. How much coverage you buy is up to you, but buy as large an amount as possible.
Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as prosthetic devices, chiropractic care, rehabilitation expenses and surgery. They are utilized in addition to your health insurance program or if you are not covered by health insurance. They cover you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
Comprehensive auto insurance – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like damage from a tornado or hurricane, a tree branch falling on your vehicle, hitting a bird and hitting a deer. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Coverage for uninsured or underinsured drivers – This protects you and your vehicle from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your 1997 Dodge Neon.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
Collision – This will pay to fix damage to your Neon from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like crashing into a building, hitting a parking meter, hitting a mailbox, sustaining damage from a pot hole and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.
Some insurance companies don’t offer the ability to get quotes online small, regional companies work with local independent agencies. Affordable 1997 Dodge Neon insurance is attainable on the web and from local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates.
In this article, we presented a lot of information how to compare 1997 Dodge Neon insurance premium rates online. The key thing to remember is the more quotes you get, the better chance you’ll have of finding cheaper car insurance. You may be surprised to find that the lowest priced insurance coverage comes from a small local company.
Consumers switch companies for any number of reasons including lack of trust in their agent, extreme rates for teen drivers, high prices and policy cancellation. Regardless of your reason, choosing a new insurance company is not as hard as you think.
More detailed insurance coverage information is available at these sites: