Shopping for cheaper car insurance over the internet may be intimidating for vehicle owners that are not comfortable with quoting and comparing rates over the internet. With such a large choice of online companies available, how can drivers have a chance to compare every one to find the best available price?
Consumers should take time to check car insurance prices as often as possible since prices are usually higher with each renewal. Just because you had the lowest rates for Q3 coverage a couple years back a different company probably has better premium rates today. Ignore everything you know about car insurance because you’re about to learn how to use online quotes to eliminate unnecessary coverages and save money.
Shopping for lower insurance coverage rates is a ton of work if you aren’t aware of the easiest way. You can spend countless hours discussing policy coverages with agents in your area, or you could save time and use the web to quickly compare rates.
Many insurance companies participate in an industry program where insurance shoppers enter their coverage request one time, and each participating company provides a quote based on that data. This saves time by eliminating quotation requests to every company.
To fill out one form to compare multiple rates now click here to start a free quote.
The only drawback to comparing rates this way is you can’t choose the providers to get quotes from. So if you want to select from a list of companies to compare, we have assembled a list of the cheapest insurance coverage companies in your area. Click here to view list.
How you compare quotes is your choice, just do your best to use the same deductibles and coverage limits for every company. If you use different coverage information it will be impossible to determine which rate is truly the best. Even a minor difference in insurance coverages or limits may result in a large different in cost. And when price shopping your coverage, comparing a wide range of rates helps locate the best rates. Some regional insurers cannot provide online rate quotes, so you should also compare quotes from the smaller companies as well.
When it comes to buying adequate coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is a little different.
For example, these questions can help discover whether your personal situation would benefit from an agent’s advice.
If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form.
Having a good grasp of auto insurance can help you determine which coverages you need at the best deductibles and correct limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.
Liability – This protects you from injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.
Liability coverage protects against things such as medical expenses, structural damage, funeral expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.
Comprehensive protection – This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for things such as hitting a deer, hail damage, damage from a tornado or hurricane, fire damage and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things like hitting a parking meter, crashing into a building and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.
Uninsured or underinsured coverage – This provides protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as doctor visits, surgery and nursing services. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage