Are you drained from being strong-armed to make your car insurance payment? You’re in the same situation as the majority of other vehicle owners. Since you have so many choices of insurance companies, it can be challenging to find the best car insurance provider.
Insurance can be pricey, but you can get discounts that can drop the cost substantially. Some discounts apply automatically when you get a quote, but some discounts are required to be manually applied before you will receive the discount.
Discounts lower rates, but most discounts do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like all those discounts means the company will pay you, insurance companies aren’t that generous. But any discount will reduce the amount you have to pay.
A few popular companies and some of the premium reductions they offer are outlined below.
Before purchasing a policy, check with every prospective company which discounts you qualify for. Some discounts listed above may not apply to policies in every state. To view insurance companies who offer cheap insurance quotes, click this link.
When it comes to buying the best auto insurance coverage, there isn’t really a single plan that fits everyone. Every situation is different so your insurance needs to address that. For instance, these questions can help discover if your situation could use an agent’s help.
If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
Understanding the coverages of your policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Listed below are the usual coverages available from insurance companies.
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as fire damage, hail damage and theft. The maximum amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Collision coverage covers damage to your Skylark resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things such as scraping a guard rail, backing into a parked car, hitting a parking meter, driving through your garage door and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to bump up the deductible to save money on collision insurance.
Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like chiropractic care, dental work and X-ray expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage
Liability coverage provides protection from damages or injuries you inflict on a person or their property. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 which stand for 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. Another option is a combined limit which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage protects against claims like repair costs for stationary objects, pain and suffering and structural damage. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.
As you quote insurance, you should never sacrifice coverage to reduce premiums. There are a lot of situations where an insured dropped liability coverage limits only to regret that they should have had better coverage. Your strategy should be to find the BEST coverage at the best possible price, not the least amount of coverage.
Some insurance companies may not provide the ability to get a quote online and usually these regional carriers sell through independent insurance agents. Budget-friendly auto insurance can be found both online and with local insurance agents, and you should compare rates from both to have the best chance of lowering rates.
Additional auto insurance information is available below: