No normal person enjoys paying for insurance, especially when they could find lower prices if they just compared rates.
Consumers have multiple insurers to insure vehicles with, and although it’s nice to have a selection, more choices can make it harder to locate the cheapest rates.
Consumers should take time to compare prices at least once a year since insurance rates change regularly. Despite the fact that you may have had the best deal on Contour coverage last year there may be better deals available now. Forget anything you know (or think you know) about insurance because you’re going to get a crash course in the things you must know in order to lower your annual insurance bill.
Insurance can be prohibitively expensive, but discounts can save money and there are some available that could drop your premiums quite a bit. Some discounts will apply at quote time, but some may not be applied and must be asked for before being credited.
We need to note that most credits do not apply to the entire policy premium. Most only apply to individual premiums such as medical payments or collision. If you do the math and it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.
Some of the insurance companies that possibly offer these benefits may include but are not limited to:
If you need lower rates, check with every company what discounts are available to you. Discounts may not be available in your area. To choose companies with discount rates, click here to view.
When buying the best insurance coverage coverage, there really is no “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether your personal situation would benefit from an agent’s advice.
If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area.
Progressive, Allstate and GEICO constantly bombard you with television, radio, and online ads. They all seem to convey the message that people will save just by moving your auto insurance coverage to their company. Is it even possible that every company can give you a lower rate? This is how they do it.
Auto insurance companies quote their best rates for the type of customer that will add to their bottom line. For example, a driver they prefer may be over the age of 50, is a homeowner, and has great credit. Anybody that meets those criteria will most likely get cheap rates and will also save if they switch.
Drivers who do not fit these stringent criteria will get higher prices which translates to the customer buying from someone else. The trick companies use is to say “customers that switch” not “all people who quote” save that much money. That’s why insurance companies can confidently advertise the savings. This really illustrates why it’s extremely important to compare many company’s car insurance rates. Because you cannot predict which insurance companies will give you lower rates than your current company.
Having a good grasp of your car insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the usual coverages available from car insurance companies.
Comprehensive auto coverage
This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as rock chips in glass, vandalism, damage from getting keyed and hitting a bird. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Collision coverage pays for damage to your Contour resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims like driving through your garage door, colliding with a tree, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP kick in for immediate expenses for things like funeral costs, EMT expenses, pain medications and surgery. They are often used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible
Liability coverage protects you from damages or injuries you inflict on other people or property in an accident. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage protects against claims such as medical expenses, funeral expenses and pain and suffering. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This gives you protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your 1999 Ford Contour.
Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.
While you’re price shopping online, make sure you don’t reduce needed coverages to save money. Too many times, drivers have reduced physical damage coverage only to regret at claim time they didn’t have enough coverage. Your goal should be to buy enough coverage at an affordable rate while still protecting your assets.
Budget-conscious 1999 Ford Contour insurance can be purchased on the web and with local insurance agents, and you should compare rates from both to have the best rate selection. Some insurance companies do not offer rate quotes online and many times these small, regional companies sell through independent insurance agencies.
Additional detailed information can be found by following these links: