If you are a novice to online auto insurance shopping, you can be baffled by the crazy number of insurers that all promise to save you money.
If you are paying for car insurance now, you will be able to lower your premiums substantially using this strategy. Pricing the best auto insurance is easy if you know what you’re doing. Although consumers do need to understand the way insurance companies sell online and apply this information to your search.
Shopping for lower insurance coverage rates can take time and effort if you don’t utilize the most efficient way. You can waste a lot of time talking about coverages with agents in your area, or you can stay home and use online quoting to quickly compare rates.
Many of the larger companies take part in a program where insurance shoppers submit their information once, and every company returns a rated price for coverage. This eliminates the need for quote forms to each company.
To compare rates now click here to start a free quote.
The one downside to pricing coverage this way is buyers cannot specifically choose which insurance companies you want pricing from. So if you want to select from a list of companies to compare, we put together a list of low cost insurance coverage companies in your area. Click here to view list.
However you get your quotes, make sure you use identical coverage data for each price quote. If the quotes have different values for each quote it will be next to impossible to determine which rate is truly the best. Quoting even small variations in coverage limits could skew the results. And when quoting insurance coverage, remember that quoting more helps improve the odds of finding more affordable insurance.
Auto insurance can be pricey, but you might already qualify for some discounts to help offset the cost. Some trigger automatically when you purchase, but a few need to be asked about before they will apply.
You should keep in mind that most of the big mark downs will not be given to the entire policy premium. Most only cut individual premiums such as medical payments or collision. Despite the fact that it seems like all the discounts add up to a free policy, it’s just not the way it works.
A few of the larger companies and some of the discounts are outlined below.
If you need lower rates, check with every company to apply every possible discount. Some discounts listed above may not apply everywhere.
When choosing proper insurance coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that might point out if your insurance needs might need an agent’s assistance.
If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, fill out this quick form.
Having a good grasp of car insurance can be of help when determining the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement.
Liability – This coverage protects you from injuries or damage you cause to other people or property in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.
Liability coverage pays for things such as medical services, funeral expenses, bail bonds and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.
Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for pain medications, doctor visits and funeral costs. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage
UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and damage to your Nissan Versa Note.
Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.
Comprehensive or Other Than Collision – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as hail damage, damage from getting keyed, a broken windshield, vandalism and theft. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Collision coverages – This coverage covers damage to your Versa Note caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like sideswiping another vehicle, colliding with a tree, crashing into a ditch, colliding with another moving vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible in order to get cheaper collision rates.