There isn’t a single person who anticipates paying for car insurance, in particular when it costs too dang much. Multiple car insurance companies compete to insure your vehicles, so it can be very hard to choose a company to find the absolute lowest price
If you have a current car insurance policy or are just looking to switch companies, you can follow these tips to find the best rates while maximizing coverage. Finding affordable coverage is not rocket science. Drivers just need to understand the proper methods to shop for car insurance online.
Cutting your auto insurance rates is a fairly straight forward process. All you need to do is take a couple of minutes to compare free auto insurance quotes provided by online insurance companies. It’s really simple and can be done by using one of the methods below.
For a list of links to companies insuring cars in your area, click here.
Which method you use is up to you, but make sure you compare nearly identical deductibles and coverage limits with each company. If the quotes have differing limits it will be next to impossible to determine the best price for your Dodge Ram Wagon.
Some insurers do not advertise all their discounts very well, so the below list has a few of the more well known in addition to some of the lesser obvious ways to save on car insurance.
A little note about advertised discounts, some credits don’t apply to your bottom line cost. A few only apply to specific coverage prices like medical payments or collision. So when the math indicates adding up those discounts means a free policy, insurance companies wouldn’t stay in business. But any discount will positively reduce the cost of your policy.
A few popular companies and a selection of discounts are:
Before purchasing a policy, check with each insurance company to apply every possible discount. Some credits might not be available to policyholders in your area.
When it comes to buying the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s needs are different so your insurance needs to address that. These are some specific questions may help you determine if your insurance needs would benefit from professional advice.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area. It is quick, free and can provide invaluable advice.
One of the most helpful ways to save on insurance is to to have a grasp of the rating factors that come into play when calculating the rates you pay for insurance. If you have a feel for what determines base rates, this enables informed choices that could result in lower insurance prices. Many different elements are taken into consideration when you get your auto insurance bill. Most are fairly basic such as traffic violations, although others are not quite as obvious such as your credit history or your financial responsibility.
Consumers can’t escape the ads for the lowest price car insurance by Allstate, GEICO and Progressive. All the ads advertise claims that you’ll save big if you just switch your car insurance policy to them.
How do they all charge you a lower premium?
Companies give the cheapest rates for the type of driver they prefer to insure. For example, this type of driver should be over the age of 40, has never had a claim, and drives newer vehicles. A propective insured that fits those parameters will get very good auto insurance rates and is almost guaranteed to save when they switch companies.
Potential customers who are not a match for this ideal profile will be quoted a more expensive rate which translates to the customer not buying. The trick is to say “drivers who switch” but not “everyone who gets a quote” save money. That’s why companies can truthfully make the claims of big savings. This really emphasizes why you should compare rate quotes every year. It’s just not possible to know the company that will have the best rates.
Knowing the specifics of your auto insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages found on most auto insurance policies.
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as EMT expenses, funeral costs, pain medications, nursing services and rehabilitation expenses. They are used in conjunction with a health insurance program or if you do not have health coverage. They cover you and your occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible
This provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family as well as your vehicle’s damage.
Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
This coverage protects you from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.
Liability coverage protects against things like bail bonds, emergency aid, repair bills for other people’s vehicles and structural damage. How much coverage you buy is your choice, but buy higher limits if possible.
This covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as damage from getting keyed, a broken windshield, hitting a bird, theft and vandalism. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Collision coverage pays to fix your vehicle from damage resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for claims like damaging your car on a curb, hitting a mailbox, sideswiping another vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also raise the deductible to save money on collision insurance.
You just learned a lot of ways to save on 1997 Dodge Ram Wagon insurance. It’s most important to understand that the more times you quote, the better your comparison will be. Drivers may discover the lowest rates come from some of the lesser-known companies. Smaller companies may have significantly lower car insurance rates on certain market segments than their larger competitors like Progressive and GEICO.
More affordable auto insurance is attainable from both online companies and with local insurance agents, so get free auto insurance quotes from both of them to have the best rate selection. Some insurance companies may not offer the ability to get quotes online and usually these smaller companies only sell through independent agencies.