Nobody that owns a car likes buying car insurance, particularly when they could get a better deal.
Big companies like GEICO, 21st Century and Progressive all claim big savings, bombarding you with catchy ads and it can be hard to ignore the propoganda and effectively compare rates to find the best deal.
The most recommended method to get policy rate comparisons is to know all the major auto insurance companies participate in online systems to compare rate quotes. All consumers are required to do is provide information including the year, make and model of vehicles, how much you drive, if a SR-22 is required, and marital status. Your information is then sent to many highly-rated insurers and you will get price comparisons instantly to find the best rate.
Progressive, Allstate and GEICO regularly use ads on TV and radio. All the companies convey the message that drivers will save a bundle if you switch your coverage. It sounds good, but how can they all offer you a better deal? It’s all in the numbers.
Most companies require specific criteria for a prospective insured that will most likely be profitable. A good example of this type of insured might have to be over the age of 35, has never had a claim, and drives less than 5,000 miles a year. A propective insured that matches those criteria receives the best premium rates and will save quite a bit of money when switching.
Potential insureds who are not a match for the “perfect” profile will get a higher premium which translates to the customer buying from someone else. If you listen to the ad wording, they say “customers that switch” not “all people who quote” save that kind of money. That is how insurance companies can confidently advertise the savings.
This really illustrates why you should compare price quotes frequently. It is just not possible to predict which insurance companies will have the best car insurance rates for your profile.
Some companies do not advertise every available discount very clearly, so the list below contains a few of the more common and the harder-to-find credits available to you. If you check and find you aren’t receiving every discount available, you are just wasting money.
You can save money using discounts, but most credits do not apply the the whole policy. Most cut the price of certain insurance coverages like medical payments or collision. So when it seems like you could get a free insurance policy, nobody gets a free ride. But any discount will cut the cost of coverage.
A list of companies and their offered discounts can be found below.
Double check with each company or agent which credits you are entitled to. Some of the earlier mentioned discounts might not be offered in your area. For a list of providers with the best discounts, click here to view.
When choosing the right insurance coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. For example, these questions could help you determine if your insurance needs could use an agent’s help.
Having a good grasp of your policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are the usual coverages found on most auto insurance policies.
Collision coverage – Collision coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like damaging your car on a curb, crashing into a ditch, hitting a parking meter, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.
Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like a broken windshield, theft, fire damage, rock chips in glass and hitting a deer. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as damage to your Nissan Cube.
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 important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.
Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as rehabilitation expenses, surgery, hospital visits and prosthetic devices. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible
Auto liability – This can cover damages or injuries you inflict on a person or their property. It protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage pays for things such as repair bills for other people’s vehicles, attorney fees and structural damage. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.
In this article, we covered some good ideas how to get a better price on 2014 Nissan Cube insurance. The key concept to understand is the more companies you get prices for, the higher the chance of saving money. You may even discover the lowest priced insurance comes from some of the smallest insurance companies. Regional companies can often insure niche markets at a lower cost compared to the large companies like Allstate, GEICO and Progressive.
Affordable 2014 Nissan Cube insurance can be sourced both online as well as from insurance agents, so get free car insurance quotes from both of them to have the best selection. Some insurance providers don’t offer rate quotes online and many times these small insurance companies provide coverage only through local independent agents.
When searching for the cheapest car insurance quotes, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many instances, an insured cut uninsured motorist or liability limits only to find out that it was a big mistake. The goal is to purchase a proper amount of coverage at the best possible price, but do not skimp to save money.
Additional detailed information can be found in these articles: