Are you tired of robbing Peter to pay Paul to make your car insurance payment? You’re in the same situation as millions of other drivers.
Multiple auto insurance companies compete to insure your vehicles, so it’s not easy to compare every company and uncover the absolute best price available.
If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Finding affordable coverage is quite easy. But vehicle owners do need to understand how insurance companies compete online.
Lots of things are used in the calculation when pricing auto insurance. Some are obvious such as your driving record, but some are more obscure like where you live or your vehicle rating.
The list below includes a few of the things used by insurance companies to determine premiums.
All the larger insurance coverage companies allow you to get prices for coverage on the web. Doing online quotes doesn’t take a lot of time because it’s just a matter of typing in the coverage amounts you desire into the form. Once you submit the form, their rating system automatically retrieves your driving record and credit report and quotes a price based on the information you submitted. This makes it a lot easier to compare rates but the work required to visit each company’s website and repetitively type in the same information is a big time waster. But it’s also necessary to do this if you want to get better prices.
Rate comparisons made easy
A better way to find lower prices uses one simple form that obtains quotes from several different companies. The form is fast, requires less work, and makes rate comparisons much easier to do. As soon as you send your information, it is quoted with multiple companies and you can pick your choice of the price quotes you receive. If the quotes result in lower rates, you simply finish the application and buy the policy. It just takes a couple of minutes and you will find out if you’re overpaying now.
If you want to compare rates using this form now, click here and enter your information. To compare your current rates, we recommend that you enter your coverages exactly as shown on your declarations page. This helps ensure you are getting a rate comparison based on identical coverages.
Some insurers don’t necessarily list every discount in an easy-to-find place, so the following list contains some of the more common and the harder-to-find discounts that you may qualify for.
A little disclaimer on discounts, some of the credits will not apply the the whole policy. Most cut the cost of specific coverages such as comp or med pay. So even though they make it sound like it’s possible to get free car insurance, nobody gets a free ride.
Some companies that have these discounts include:
When getting a coverage quote, ask each company or agent which credits you are entitled to. Some discounts listed above might not be offered on policies in your area.
When choosing the best car insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. These are some specific questions can help discover whether your personal situation might need an agent’s assistance.
If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Knowing the specifics of your car insurance policy can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages offered by car insurance companies.
This coverage can cover damages or injuries you inflict on people or other property that is your fault. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.
Liability insurance covers claims like medical services, repair costs for stationary objects, legal defense fees, funeral expenses and court costs. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.
Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like hail damage, fire damage and a broken windshield. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Mercedes-Benz SLK-Class.
Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.
Med pay and PIP coverage kick in for expenses like hospital visits, chiropractic care, surgery and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage
This will pay to fix damage to your SLK-Class resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like hitting a mailbox, driving through your garage door, crashing into a ditch, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.
We covered quite a bit of information on how to lower your 1999 Mercedes-Benz SLK-Class insurance prices. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even find the lowest prices come from some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive or GEICO.
Some insurance providers may not provide rate quotes online and many times these small insurance companies only sell coverage through independent agencies. The cheapest 1999 Mercedes-Benz SLK-Class insurance is attainable on the web and with local insurance agents, and you should be comparing both to have the best selection.
More information can be found on the following sites: