Having to pay for expensive insurance can dry up your family’s budget and force you to prioritize other expenses. Multiple car insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates to find the best price available.
If you have a policy now or are just looking to switch companies, you can follow these tips to get lower rates while maintaining coverages. Finding affordable coverage is easy if you know what you’re doing. Vehicle owners only need to know the proper methods to shop their coverage around online.
Shopping for lower insurance coverage rates can take time and effort if you don’t utilize the fastest way to get free quotes. You can waste hours talking about coverages with agents in your area, or you could use online quotes to accomplish the same thing much quicker.
Many of the larger companies take part in a program that allows shoppers to enter their policy data once, and each participating company then returns a price quote based on that information. This saves time by eliminating quote forms for every insurance coverage company.
To fill out one form to compare multiple rates now click to open in new window.
The single downside to comparing rates this way is you don’t know exactly which carriers you want pricing from. So if you want to select individual companies to receive pricing from, we have a page of the cheapest insurance coverage companies in your area. View list of insurance companies.
How you compare quotes is your choice, just make sure you are using the same coverage information with every price quote. If each company quotes different liability limits you can’t possibly determine which company has the best rates.
Car insurance companies do not list every discount they offer very clearly, so the following is a list of some of the more common and the harder-to-find credits available to lower your premiums when you buy insurance online.
As is typical with insurance, most discount credits are not given to the overall cost of the policy. Most only apply to the cost of specific coverages such as comp or med pay. So even though you would think you could get a free auto insurance policy, you aren’t that lucky.
Popular auto insurance companies and some of their more popular discounts can be found below.
When comparing rates, check with every company to apply every possible discount. Some of the discounts discussed earlier may not be available in your area. To see a list of providers who offer online auto insurance quotes, follow this link.
When it comes to choosing coverage for your personal vehicles, there is no one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. For example, these questions can aid in determining whether you would benefit from an agent’s advice.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and may give you better protection.
Understanding the coverages of your policy helps when choosing appropriate coverage for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages offered by insurance companies.
Collision coverage protection
Collision coverage pays for damage to your Escort from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as damaging your car on a curb, hitting a mailbox and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.
This provides protection from damage or injury you incur to a person or their property. It protects you against claims from other people. Liability doesn’t cover 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 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.
Liability insurance covers things such as repair costs for stationary objects, legal defense fees and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.
Comprehensive (Other than Collision)
This pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims such as damage from flooding, damage from a tornado or hurricane and hitting a bird. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Protection from uninsured/underinsured drivers
This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and also any damage incurred to your Ford Escort.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Usually these limits do not exceed the liability coverage limits.
Medical expense insurance
Med pay and PIP coverage reimburse you for short-term medical expenses such as funeral costs, dental work, pain medications and EMT expenses. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible
While you’re price shopping online, you should never skimp on critical coverages to save a buck or two. There are too many instances where someone dropped physical damage coverage and learned later that it was a big mistake. Your aim should be to buy the best coverage you can find at the best cost.
Cheaper auto insurance can be bought from both online companies in addition to many insurance agents, so get free insurance quotes from both of them to get a complete price analysis. There are still a few companies who may not offer online rate quotes and usually these regional insurance providers work with local independent agencies.
Additional detailed information is available by following these links: