Getting lower-cost insurance coverage on the internet can be somewhat intimidating for drivers new to comparing rates on the internet. With such a large choice of insurers available, how are drivers able to possibly compare every company in order to find better prices?
Performing a rate comparison is a ton of work if you don’t utilize the most efficient way. You can waste a few hours (or days) talking about coverages with insurance companies in your area, or you can utilize the internet to maximize your effort.
Many insurance companies belong to a marketplace that allows shoppers to only type in their quote data once, and each participating company returns a competitive quote determined by their information. This system prevents you from having to do quotation requests to each individual auto insurance company.
To fill out one form to compare multiple rates now click to open in new window.
The one disadvantage to using this type of form is that you can’t choose which insurance companies to receive prices from. If you wish to select individual companies for rate comparison, we have a page of companies who write auto insurance in your area. Click here for list of insurance companies.
Whichever way you choose to compare rates, do your best to use equivalent quote data on every quote you get. If the quotes have unequal deductibles or liability limits it’s impossible to make a fair rate comparison. Quoting even small variations in coverage limits may result in a large different in cost. And when comparing auto insurance rates, know that comparing more quotes will increase your chances of finding better pricing.
Companies that sell car insurance do not list every available discount very well, so the list below contains a few of the more common and the more hidden credits available to you.
A little note about advertised discounts, some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like medical payments or collision. So when it seems like all the discounts add up to a free policy, that’s just not realistic.
Some of the insurance companies that have these discounts include:
Double check with every company which credits you are entitled to. Some of the earlier mentioned discounts may not be offered in every state.
When it comes to choosing adequate coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.
For instance, these questions could help you determine if you might need professional guidance.
If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form.
Knowing the specifics of a auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.
Comprehensive (Other than Collision) – 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 claims such as hitting a deer, hail damage and falling objects. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Liability coverage – This coverage protects you from damage that occurs to other’s property or people in an accident. 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 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.
Liability insurance covers claims such as attorney fees, court costs, structural damage and medical expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Medical expense insurance – Coverage for medical payments and/or PIP kick in for immediate expenses such as chiropractic care, dental work, nursing services, EMT expenses and X-ray expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible
Collision coverages – This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims such as colliding with a tree, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Land Rover Range Rover.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.