Being forced to pay for overpriced auto insurance premiums can overdraw your checking account and maybe even restrict other spending.
Numerous insurance companies battle for your business, and because of this it can be hard to compare insurers to find the absolute lowest cost out there.
It’s smart to check auto insurance prices as often as possible because auto insurance prices trend upward over time. If you had the lowest price on Town and Country coverage at your last renewal a different company probably has better rate quotes today. Block out anything you think you know about auto insurance because you’re about to learn the easiest way to lower your annual insurance bill.
If you currently have car insurance, you will most likely be able to reduce your rates substantially using these methods. Choosing the best insurance company for you is not that difficult. But consumers need to have an understanding of the way companies determine prices and use this information to your advantage.
There are a lot of ways to compare auto insurance prices but there is one way that is less time-consuming than others. You can spend your afternoon discussing policy coverages with local insurance agents in your area, or you can stay home and use online quotes to accomplish the same thing much quicker.
Many popular insurance companies are enrolled in a marketplace that allows shoppers to only type in their quote data once, and every company returns a competitive quote determined by their information. This system prevents you from having to do form submissions for each company you want a rate for.
To submit your quote information now, click to open in new window.
The one disadvantage to doing it this way is you don’t know exactly the companies to get quotes from. So if you want to select individual companies for rate comparison, we put together a list of low cost auto insurance companies in your area. Click to view list.
It’s your choice how you get your quotes, but compare the same coverages on every quote. If your comparisons have higher or lower deductibles it’s impossible to determine which rate is truly the best. Even a minor difference in limits could skew the results. It’s important to know that quoting more will increase your chances of finding a better price.
Popular car insurance providers such as Progressive, GEICO, Allstate and State Farm consistently run ads in print and on television. They all seem to make the same claim that drivers can save some big amount if you get a free insurance quote and switch your car insurance policy to them. How is it possible that every company can claim to save you money? Here is the trick they use.
Different companies quote their best rates for a prospective insured that will add to their bottom line. An example of a desirable insured could be a married male, has no claims, and has excellent credit. A driver who matches that profile will get low prices as well as save money with a new company.
Consumers who do not fit the ideal profile may receive more expensive rates with the end result being the customer not buying. Company advertisements say “customers who switch” not “everybody who quotes” save that much when switching. That’s the way insurance companies can confidently state the savings. Each company has different criteria, so you need to get price quotes at each policy renewal. It’s impossible to know the company that will provide the lowest premium rates.
Companies that sell car insurance don’t necessarily list all their discounts very clearly, so the list below gives a summary of some of the best known and also the lesser-known credits that you can use to lower your rates. If you are not receiving all the discounts available, you could be paying more than you need to.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Just because it seems like all the discounts add up to a free policy, it’s just not the way it works.
To locate insurance companies that provide some of the discounts listed above, click this link.
When choosing adequate coverage, there is no perfect coverage plan. Everyone’s needs are different so this has to be addressed. For instance, these questions might help in determining whether you might need professional guidance.
If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Knowing the specifics of car insurance can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most car insurance policies.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for chiropractic care, surgery and hospital visits. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover you and your occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible
Liability auto insurance – This coverage protects you from damages or injuries you inflict on other’s property or people. This insurance protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 that translate to 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 coverage pays for things such as repair bills for other people’s vehicles, structural damage, medical expenses, repair costs for stationary objects and loss of income. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.
Collision coverage – Collision coverage covers damage to your Town and Country resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision can pay for claims such as colliding with another moving vehicle, crashing into a building, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your Chrysler Town and Country.
Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.
Comprehensive auto coverage – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like a broken windshield, hitting a deer and damage from a tornado or hurricane. The maximum amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
We just showed you some good ideas how you can get a better price on 2013 Chrysler Town and Country insurance. The key thing to remember is the more rate quotes you have, the higher your chance of finding the cheapest insurance. You may be surprised to find that the most savings is with some of the lesser-known companies. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and GEICO.
Discount 2013 Chrysler Town and Country insurance is available both online and also from your neighborhood agents, so you need to shop insurance with both to have the best selection. There are still a few companies who may not offer the ability to get a quote online and many times these small insurance companies only sell through independent agents.
As you shop your coverage around, make sure you don’t reduce coverage to reduce premium. In too many instances, an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that it was a big error on their part. Your objective should be to buy a smart amount of coverage at the lowest possible cost.