Are you at wits end from robbing Peter to pay Paul to buy car insurance? You have the same problem as millions of other consumers.
Consumers have multiple car insurance companies to pick from, and although it’s a good thing to have a selection, it can be more challenging to find the best rates.
Finding the best rates is not that difficult. If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using these methods. But consumers do need to understand how the larger insurance companies market insurance on the web.
Some insurance providers don’t always publicize all available discounts very clearly, so here is a list both the well known and the more hidden discounts that you may qualify for.
Don’t be shocked that most discounts do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, that’s just not realistic.
To see a list of insurers with significant discounts, click here.
When buying the best car insurance coverage, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that may help highlight if your insurance needs would benefit from professional advice.
If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.
Car insurance companies such as 21st Century, Allstate and State Farm continually stream television and radio advertisements. All the companies make the same claim that drivers can save some big amount if you get a free car insurance quote and switch to their company. How can each company have lower policy pricing?
Different companies quote their best rates for the type of insured that earns them the highest profit. One example of a desirable insured might be married and over the age of 30, carries high limits, and does not commute to work. A propective insured that meets those criteria will get very good rates and therefore will save quite a bit of money when switching.
Consumers who cannot meet this ideal profile must pay more expensive rates which results in the customer buying from someone else. Company advertisements say “customers who switch” not “everybody who quotes” save that much when switching. That’s the way companies can make those claims. Each company has different criteria, so it is so important to do a quote comparison often. Because you never know the company that will be your best fit.
Understanding the coverages of insurance aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverage types found on the average insurance policy.
Collision – Collision insurance pays for damage to your Sedona resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision can pay for claims such as rolling your car, crashing into a ditch, backing into a parked car and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.
Comprehensive (Other than Collision) – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things such as hitting a bird, hitting a deer, falling objects, damage from getting keyed and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for chiropractic care, prosthetic devices, funeral costs, pain medications and EMT expenses. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage
Protection from uninsured/underinsured drivers – This gives you protection when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Kia Sedona.
Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.
Liability – Liability insurance can cover damage that occurs to other’s property or people. It protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.
Liability can pay for claims like funeral expenses, medical services, loss of income and bail bonds. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
When getting car insurance quotes online, it’s very important that you do not reduce needed coverages to save money. In too many instances, an accident victim reduced comprehensive coverage or liability limits and learned later they didn’t purchase enough coverage. Your goal should be to purchase a proper amount of coverage at the lowest possible cost.
Cheaper 2005 Kia Sedona insurance can be found online in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from. Some insurance companies do not provide online price quotes and many times these regional insurance providers only sell coverage through local independent agencies.
We covered a lot of ways to save on 2005 Kia Sedona insurance. The most important thing to understand is the more times you quote, the better chance you’ll have of finding inexpensive car insurance. Consumers could even find that the lowest priced insurance coverage comes from a small local company. Regional companies can often provide lower premium rates in certain areas than their larger competitors like Allstate, GEICO and Progressive.
More detailed insurance coverage information can be found in these articles: