Are you confused by the dozens of auto insurance companies that you can choose from? Many other drivers are too. People have so many companies to choose from that it can be a difficult situation to find a cheaper company.
Most companies provide insurance quotes on their websites. Getting prices online is pretty easy because you just enter your coverage preferences into a form. Upon sending the form, their rating system requests credit information and your driving record and returns pricing information based on the information you submitted.
This makes it easy to compare insurance prices but the process of having to visit several different sites and enter the same data into a form can get tiresome after awhile. But it’s also necessary to perform this step in order to get lower prices.
There is a better way to compare rates
The easiest way to lower your insurance coverage bill requires only one form that gets prices from several different companies. This type of form saves time, requires much less work on your part, and makes price shopping online much more enjoyable. After sending the form, it gets priced and you are able to buy any of the price quotes you receive. If a lower price is quoted, it’s easy to complete the application and buy the policy. The whole process can be completed in less than 10 minutes and can result in significant savings.
To quickly find out how much you’re overpaying now, click here to open in new window and complete the simple form. If you currently have coverage, we recommend you replicate your coverages exactly as shown on your declarations page. Doing this guarantees you’re receiving a fair comparison for exact coverage.
Auto insurance providers like Allstate and Progressive seem to constantly run ads on TV and radio. They all seem to say the same thing that drivers can save some big amount just by moving your auto insurance coverage to their company. How is it plausible that every one can offer you a better deal? Here is the trick they use.
Most companies quote their best rates for a prospective insured that will most likely be profitable. One example of a profitable insured might have to be over the age of 35, is a homeowner, and the vehicle is rated for pleasure use. A customer getting a price quote that matches those criteria is entitled to the best price and have a good chance to cut their rates if they switch.
People who may not quite match the requirements will have to pay higher premium rates which leads to business not being written. If you listen closely, the ads state “customers that switch” not “everyone who quotes” will save that much if they switch. That’s the way companies can truthfully make the claims of big savings. Each company has different criteria, so you really should get a wide range of price quotes. It’s just too difficult to predict which insurance companies will fit you best based on your risk profile.
Lots of factors are part of the equation when premium rates are determined. Some of the criteria are obvious such as your driving history, but other criteria are less obvious such as your marital status or how financially stable you are.It’s important that you understand the factors that help determine the price you pay for insurance. When consumers understand what determines base rates, this allows you to make educated decisions that may reward you with lower insurance prices.
Listed below are some of the major factors used by companies to determine prices.
Car insurance companies don’t always publicize all available discounts in an easy-to-find place, so the list below gives a summary of some of the more common and also the lesser-known discounts that may be available.
Remember that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. Despite the appearance that all those discounts means the company will pay you, it’s just not the way it works.
Companies and the discounts they provide can be read below.
Double check with all companies you are considering which discounts can lower your rates. A few discounts might not be offered in your area.
When choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different.
For instance, these questions can help discover if you would benefit from professional advice.
If you can’t answer these questions, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.
Knowing the specifics of a insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording.
UM/UIM Coverage – Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Audi TTS.
Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.
Liability auto insurance – Liability coverage protects you from damage or injury you incur to other’s property or people. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.
Liability coverage protects against things such as bail bonds, medical expenses, repair costs for stationary objects, emergency aid and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford.
Comprehensive or Other Than Collision – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like a tree branch falling on your vehicle, hitting a deer, vandalism and damage from flooding. The highest amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Medical costs insurance – Med pay and PIP coverage provide coverage for expenses like prosthetic devices, hospital visits and dental work. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Collision coverage – This pays for damage to your TTS resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things like backing into a parked car, colliding with another moving vehicle and colliding with a tree. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.
As you prepare to switch companies, it’s not a good idea to buy poor coverage just to save money. In too many instances, someone sacrificed comprehensive coverage or liability limits and learned later that they should have had better coverage. Your focus should be to buy the best coverage you can find at a price you can afford, but don’t skip important coverages to save money.
We covered a lot of techniques to lower your 2014 Audi TTS insurance rates. The key thing to remember is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the lowest rates are with some of the lesser-known companies.
People switch companies for many reasons like poor customer service, unfair underwriting practices, policy non-renewal and an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a new insurance company is not as hard as you think.
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