Are you burned out from sacrificing other expenses to buy auto insurance? You’re in the same situation as most other drivers. Because there are so many choices of insurance companies, it’s difficult to locate the cheapest auto insurance company.
You need to do rate comparisons before your next renewal since insurance prices are rarely the same from one policy term to another. Just because you had the lowest price for DeVille coverage two years ago you will most likely find a better rate quote today. You can search a lot of auto insurance online, but I’m going to show you the best ways to lower your auto insurance bill.
Most of the larger companies such as GEICO, State Farm and Progressive make it easy to get pricing from their websites. Doing online quotes is quite easy as you just enter the amount of coverage you want as detailed in the form. When the form is submitted, the quote system makes automated requests for reports for credit and driving violations and gives you a price quote based on the data you entered. Online price estimates streamlines rate comparisons, but the work required to visit each company’s website and repetitively complete many quote forms is monotonous and tiresome. But it’s very important to get many rate quotes if you want to get better prices.
Isn’t there an easier way to compare rates?
A quicker way to compare rates requires only one form that gets prices from several different companies. The form is fast, reduces the work, and makes comparison shopping much easier. After sending the form, it is quoted and you can choose any one of the quotes that you receive.
If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. The entire process takes less than 15 minutes and may save quite a bit of money.
To use this form to compare rates, simply click here to open in new window and submit your coverage information. If you have coverage now, it’s recommended you complete the form with your coverages exactly as they are listed on your policy. Doing this guarantees you will receive a rate comparison based on similar coverages.
When buying adequate coverage, there isn’t really a single plan that fits everyone. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that may help you determine if your insurance needs will benefit from professional help.
If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.
Having a good grasp of your insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Listed below are the usual coverages available from insurance companies.
This provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Cadillac DeVille.
Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Medical payments and Personal Injury Protection insurance reimburse you for bills for EMT expenses, nursing services and surgery. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Liability coverage can cover damage or injury you incur to people or other property that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability insurance covers things such as funeral expenses, court costs and pain and suffering. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.
Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims like fire damage, a tree branch falling on your vehicle, hitting a bird and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
This covers damage to your DeVille caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision can pay for claims such as colliding with another moving vehicle, scraping a guard rail, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also increase the deductible to bring the cost down.