Getting low-cost car insurance over the internet can appear to be rather challenging for consumers who are new to online price comparisons. With so many insurance agents and online companies, how can anyone have time to compare every one to find better car insurance prices?
Comparing car insurance rates can be a lot of work if you aren’t aware of the best way to get rate quotes. You can spend your afternoon driving to local insurance agents in your area, or you can stay home and use online quotes to get rate comparisons in just a few minutes.
Most of the best insurance companies belong to a marketplace that allows shoppers to enter their policy data once, and every company then gives them pricing for coverage. This prevents consumers from doing quote requests to each company. To submit your quote information now, click to open in new window.
One minor caviat to using this type of system is you don’t know exactly the insurers to get quotes from. If you would rather choose individual companies for rate comparison, we have a listing of the cheapest car insurance companies in your area. Click to view list.
It’s your choice how you get your quotes, but ensure you are comparing the same quote information on every quote you get. If you compare mixed coverages you can’t possibly determine the lowest rate for your Chevy Silverado 2500. Having just a slight variation in insurance coverages may result in large price differences. And when comparing car insurance rates, know that making a lot of price comparisons increases the change that you will find a lower rate than you’re paying now. Some regional insurers cannot provide online price quotes, so you need to compare rates on coverage from those companies, too.
Some insurers do not advertise all possible discounts in an easy-to-find place, so we researched both well-publicized as well as the least known credits available to lower your premiums when you buy auto insurance online.
Don’t be surprised that some of the credits will not apply to the entire cost. A few only apply to specific coverage prices like comp or med pay. Just because it seems like you would end up receiving a 100% discount, you won’t be that lucky.
A list of insurance companies and some of their more popular discounts include:
If you are trying to find cheap auto insurance quotes, ask each company which discounts can lower your rates. A few discounts may not apply to policies in your state.
When buying the right insurance coverage, there really is no one size fits all plan. Everyone’s situation is a little different.
Here are some questions about coverages that could help you determine if your situation would benefit from an agent’s advice.
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.
Learning about specific coverages of your auto insurance policy can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.
This pays to fix your vehicle from 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 pays for claims like damage from flooding, damage from getting keyed, theft and a tree branch falling on your vehicle. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
This coverage can cover injuries or damage you cause to other people or property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.
Liability insurance covers claims such as funeral expenses, loss of income and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like funeral costs, pain medications, surgery and hospital visits. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover you and your occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible
This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your Chevy Silverado 2500.
Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.
This coverage pays for damage to your Silverado 2500 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims such as crashing into a building, damaging your car on a curb and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.