Feeling guilty for buying high-priced insurance? You’re preaching to the choir because there are many people just like you. Due to the large number of different company options, it can be hard to pick the best insurance company.
You should make it a habit to quote other rates occasionally due to the fact that insurance prices are usually higher with each renewal. Just because you found the lowest rates for Continental GTC insurance six months ago there is a good chance you can find better rate quotes now. Block out anything you think you know about insurance because you’re going to get a crash course in one of the quickest ways to lower your annual insurance bill.
Choosing the best insurance company for you is not that difficult. If you have insurance now or are just looking to switch companies, you can use these tips to find the best rates while maximizing coverage. Drivers only need an understanding of the proper way to compare prices online.
Car insurance is expensive, but companies offer discounts to reduce the price significantly. A few discounts will be applied when you get a quote, but once in a while a discount must be specifically requested in order for you to get them.
A little disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, car insurance companies aren’t that generous.
Large car insurance companies and a partial list of their discounts are shown below.
If you need inexpensive auto insurance quotes, ask every insurance company to give you their best rates. All car insurance discounts may not apply in every state. For a list of insurance companies that offer the discounts shown above, follow this link.
Part of the insurance coverage buying process is learning some of the elements that go into determining your premiums. If you have some idea of what impacts premium levels, this enables you to make decisions that could result in big savings.
Listed below are most of the major factors insurance coverage companies consider when setting your rate level.
When it comes to choosing proper insurance coverage, there really is no one size fits all plan. Everyone’s needs are different so your insurance needs to address that. For instance, these questions may help you determine if your situation would benefit from professional advice.
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.
Having a good grasp of your policy helps when choosing the best coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are typical coverages available from auto insurance companies.
Liability car insurance – Liability insurance protects you from damage that occurs to a person or their property in an accident. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.
Liability coverage protects against claims such as attorney fees, medical services, structural damage and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage pay for bills such as EMT expenses, chiropractic care, pain medications and funeral costs. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers you and your occupants as well as being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage
Comprehensive auto coverage – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as fire damage, hitting a bird and damage from getting keyed. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.
Collision – This covers damage to your Continental GTC from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things like hitting a parking meter, crashing into a building, hitting a mailbox, rolling your car and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
As you restructure your insurance plan, you should never reduce coverage to reduce premium. In too many instances, someone sacrificed physical damage coverage and discovered at claim time that they should have had better coverage. The ultimate goal is to get the best coverage possible at the best cost.
Some insurance providers may not provide internet price quotes and usually these regional insurance providers sell through local independent agents. Budget-conscious 2010 Bentley Continental GTC insurance is definitely available on the web in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates.
More information can be read at the links below