Shopping for the cheapest insurance coverage over the internet may at first seem to be intimidating for people that are not comfortable with quoting and comparing rates and buying insurance coverage online. When there are so many companies in the marketplace, how are we expected to have the ability to compare every company to locate better rates?
There are multiple methods you can shop for car insurance but some are easier and takes less work. You can spend countless hours talking to insurance companies in your area, or you can utilize the internet to get prices fast.
Many companies take part in a program where insurance shoppers enter their coverage request one time, and each company returns a rated price based on that data. This eliminates the need for repetitive form submissions for each company.
To find out how much you’re overpaying now click here to start a free quote.
The only drawback to getting quotes like this is that you can’t choose which providers to receive prices from. If you prefer to choose from a list of companies to receive pricing from, we have a listing of car insurance companies in your area. Click here for list of insurance companies.
You can choose any of those ways to find more affodable coverage, but make darn sure you compare the exact same coverages for every company. If you are comparing different deductibles it will be impossible to make an equal comparison. Just a small difference in coverages may result in large price differences. Just keep in mind that making a lot of price comparisons increases the change that you will find more affordable insurance. Some regional insurers cannot provide online rate quotes, so it’s recommended that you also compare prices from them as well.
When it comes to buying the right insurance coverage for your vehicles, there is no perfect coverage plan. Every situation is different.
These are some specific questions could help you determine if your insurance needs could use an agent’s help.
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form.
Having a good grasp of your auto insurance policy aids in choosing which coverages you need for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy.
Medical expense coverage – Coverage for medical payments and/or PIP kick in for short-term medical expenses for dental work, rehabilitation expenses and nursing services. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Comprehensive protection – This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as hitting a deer, a broken windshield and fire damage. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Collision coverages – This coverage covers damage to your Regal caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for claims like scraping a guard rail, rolling your car, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.
Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and also any damage incurred to your Buick Regal.
Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.
Coverage for liability – Liability insurance will cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.
Liability can pay for claims such as emergency aid, repair bills for other people’s vehicles, funeral expenses and bail bonds. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.