Do you get exhausted from being strong-armed to make your insurance payment? You are no different than most other people.
Insurance companies such as GEICO, 21st Century and Progressive constantly bombard you with catchy ads and consumers find it hard to see past the geckos and flying pigs and find the best price available.
To find affordable car insurance quotes, there are several ways to compare rate quotes from all the different companies. The easiest way by far to compare rates consists of shopping online. This can be done in just a few minutes using one of these methods.
The simplest way consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This method prevents you from having to do separate quotes to each individual car insurance company. In just a few minutes this one form gets prices estimates from multiple low-cost companies.
A more time consuming way to find lower rates consists of visiting each individual company website and fill out a new quote form. For instance, let’s assume you are doing a rate comparison from Auto-Owners, Esurance and State Farm. In order to compare rates, you need to go to each individual site to enter the same coverage data repeatedly, which is why the first method is quicker.
For a list of links to companies insuring cars in your area, click here.
You can choose any of those ways to find more affodable coverage, but do your best to use nearly identical coverages and limits on every quote you get. If you enter different data you will not be able to truly determine the lowest rate. Just a small difference in insurance coverages or limits could skew the results. Just remember that comparing all the rates in your area helps improve the odds of finding a lower rate than you’re paying now.
Insurance can be prohibitively expensive, but there are discounts available to cut the cost considerably. Larger premium reductions will be automatically applied at quote time, but lesser-known reductions have to be asked for before they will apply.
Just know that some credits don’t apply to the overall cost of the policy. Some only reduce specific coverage prices like medical payments or collision. Even though it may seem like all those discounts means the company will pay you, it just doesn’t work that way.
A list of auto insurance companies and some of their more popular discounts are included below.
If you need lower rates, check with all companies you are considering which discounts you qualify for. Some discounts may not apply in your area. To choose companies with discount rates, follow this link.
When buying the best insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions may help you determine whether or not you might need an agent’s assistance.
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, complete this form or click here for a list of insurance companies in your area.
Understanding the coverages of your car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. These are typical coverage types offered by car insurance companies.
Uninsured and underinsured coverage
Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Kia Spectra.
Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.
This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things such as driving through your garage door, colliding with a tree and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.
Coverage for medical payments
Coverage for medical payments and/or PIP provide coverage for bills for things like funeral costs, pain medications and surgery. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay
Comprehensive insurance coverage will pay to fix 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 claims such as hitting a bird, hail damage, fire damage, damage from getting keyed and damage from flooding. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
This coverage can cover damage or injury you incur to other’s property or people in an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability coverage protects against claims like legal defense fees, attorney fees and loss of income. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.
As you go through the steps to switch your coverage, it’s very important that you do not skimp on coverage in order to save money. There are too many instances where consumers will sacrifice uninsured motorist or liability limits only to regret they didn’t have enough coverage. The proper strategy is to get the best coverage possible at the best possible price, not the least amount of coverage.
More affordable auto insurance can be sourced both online and also from your neighborhood agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who may not provide the ability to get quotes online and many times these small insurance companies work with local independent agencies.
More detailed auto insurance information can be read by following these links: