Feel like you have an underperforming, overpriced auto insurance policy? Don’t feel bad because there are lots of people in the same boat. Big companies like GEICO and Progressive increase brand awareness with fancy advertisements and consumers find it hard to see through the cute green geckos and mayhem and do the work needed to find the best deal.
There are a lot of ways to compare insurance quotes, but there is one way that is less labor-intensive and much quicker. You can spend your afternoon driving to local insurance agents in your area, or you can stay home and use online quotes to achieve your goal.
The majority of car insurance companies participate in an industry program where prospective buyers submit their information once, and every company can give them a price based on that information. This saves time by eliminating quote forms for each company you want a rate for. To fill out one form to compare multiple rates now click here (opens in new window).
The one downside to using this type of form is you can’t choose the companies you want pricing from. So if you prefer to choose specific insurance companies to compare, we have assembled a list of low cost insurance companies in your area. Click to view list.
The method you choose is up to you, but be sure to compare exactly the same coverage limits and deductibles on every quote you get. If you compare higher or lower deductibles it will be next to impossible to determine which rate is truly the best.
Consumers can’t get away from ads that promise big savings from the likes of GEICO, State Farm and Progressive. All the ads advertise the message that drivers will save a bundle if you get a free car insurance quote and switch to them.
How does each company say the same thing? It’s all in how they say it.
Most companies quote the lowest rates for the type of customer that will generate a profit. An example of this type of insured might be described as over the age of 45, has no tickets, and drives a safe vehicle. Any new insured who matches those parameters may get the lowest prices and will most likely save money with a new company.
Potential customers who do not meet these criteria must pay higher prices which usually ends up with the customer buying from someone else. The ad wording is “drivers that switch” but not “everyone who gets a quote” save that kind of money. That is how companies can make it sound like they have such great rates. That is why drivers must do a rate comparison at every renewal. It is just not possible to predict with any certainty which company will have better prices than you’re paying now.
Smart consumers have a good feel for some of the factors that go into determining the price you pay for auto insurance. When you understand what determines base rates, this allows you to make educated decisions that may reward you with cheaper rates.
The factors shown below are some of the most common factors auto insurance companies consider when setting prices.
Insurance can be prohibitively expensive, but there could be significant discounts that could help you make your next renewal payment. Certain credits will be shown when you quote, but a few must be specially asked for prior to getting the savings. If you aren’t receiving every discount you deserve, you could be paying more than you need to.
You can save money using discounts, but most discount credits are not given to your bottom line cost. A few only apply to specific coverage prices like liability, collision or medical payments. So even though they make it sound like you could get a free auto insurance policy, insurance companies wouldn’t stay in business.
Popular auto insurance companies and some of the discounts are shown below.
If you need lower rates, check with every prospective company which credits you are entitled to. Depending on the company, some discounts may not apply to policies in your area.
When it comes to choosing the best auto insurance coverage for your vehicles, there really is no best way to insure your cars. Each situation is unique so this has to be addressed. These are some specific questions can help discover if your situation will benefit from professional help.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, free and can help protect your family.
Having a good grasp of insurance helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement. Shown next are the normal coverages available from insurance companies.
Auto liability insurance
This coverage provides protection from damage or injury you incur to other’s property or people that is your fault. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000.
Liability insurance covers claims such as funeral expenses, bail bonds and attorney fees. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.
This covers damage to your Aztek resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers things such as crashing into a ditch, sideswiping another vehicle, hitting a mailbox, colliding with another moving vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.
Medical payments coverage and PIP
Med pay and PIP coverage provide coverage for immediate expenses for things like chiropractic care, X-ray expenses, ambulance fees, dental work and funeral costs. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Uninsured/Underinsured Motorist coverage
This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Pontiac Aztek.
Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as hitting a deer, a tree branch falling on your vehicle and damage from getting keyed. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
You just learned a lot of information how to compare 2004 Pontiac Aztek insurance premium rates online. It’s most important to understand that the more times you quote, the better your comparison will be. Consumers could even find that the lowest premium rates come from the smaller companies. These companies often have lower prices on specific markets as compared to the big name companies such as Allstate or State Farm.
When you buy car insurance online, don’t be tempted to buy poor coverage just to save money. In too many instances, drivers have reduced liability coverage limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to get the best coverage possible at the best price but still have enough coverage for asset protection.
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