Penny Pincher Insurance for your Land Rover Discovery
If buying auto insurance was as easy as it sounds on TV commercials, we'd have no problem getting the lowest rates. But most likely we pay more than we want to and don't really enjoy the buying process. Finding affordable coverage for your Land Rover Discovery probably is no different.
Step One: Compare Multiple Rate Quotes
In years past, the only way to purchase car insurance was to visit the office of a local agent. Now that we have the internet, shopping for car insurance online is a snap!
Almost every car insurance company now offers online quotes, and you can actually get insurance quotes for a Land Rover Discovery without even visiting their websites!
Simply click the link below to start a quote that will compare rates from many companies and you may find a lower rate than you're currently paying.
Use the Same Coverages! It's really important that when doing multiple quotes for your Discovery that you use identical coverages for liability, comprehensive and collision. If you use different values, it's impossible to determine which company has the lower rates.
Step Two: How to Lower your Discovery Insurance Premium
If you have completed step one above (if not, please complete that step first), then you are now ready to learn some ways to insure your Discovery that will also lower the rate you pay irregardless of which company you choose.
- Some people just like the looks of a higher performance vehicle like the Land Rover Discovery, but even if you don't use the extra power it's going to cost you more when your insurance bill arrives.
- Auto theft is a big problem that costs us all money, but if your car is on the list of the most frequently stolen autos, you might be paying a little extra because of the temptation to thieves.
- If you are a senior citizen or belong to a particular professional organization, you may qualify for a break on insurance.
- SUV's tend to have slightly higher insurance rates due to the fact that you can take them offroad and they have a more complex drive train system.
- Newer car models are coming standard with advanced passenger safety systems, and these help reduce the risk of injury in an accident. Less injuries mean lower insurance rates.
- If your teen driver has completed a driver's education class in school, check to see if your insurance company offers any discounts for this.
- A claim-free discount can help keep your rates down, so don't file claims that are only marginally more than your deductible. You're better off keeping the discount.
- Never allow one policy to expire without having a new policy effective the same date. This causes a lapse in coverage and if you don't have insurance for any length of time, your next policy will cost you more.
- Teen drivers have a tendancy to learn the hard way when driving, and that means having a few fender-benders. Rating them on a high profile newer vehicle can be very expensive so you might consider buying an older model vehicle for them to drive and only insure it with liability coverage.
- Bundling your auto and home insurance with the same company can often get you a discount, and just being a homeowner in itself will get you a lower rate.
- If you have a speeding ticket or other moving violation, you could be charged more for insurance. If you get a ticket, find out if your county or state offers a defensive driving course that will void the ticket upon completion.
- How is your credit rating? The better credit you have, the less insurance will cost for your Discovery. If you have bad credit, work on improving your credit score and repair past credit problems.
- If you're willing to shoulder more of the cost at claim time, consider raising your comprehensive and collision deductibles. This can easily cut 30% or more from your policy premium.
Step Three: Buy the Policy That's Right for You
Choosing a new car insurance company is not easy. But hopefully you have a handful of quotes for your Discovery that will give you a good idea of how much it will cost, as well as some idea of any coverage changes you may want to make.
If you're cancelling an old policy, make sure the new coverage starts the same day your old policy ends. This avoids any penalty for having a lapse in coverage which can cost you more.
Coverage will extend from your current policy if you're buying a Land Rover Discovery, but if you don't have a policy, you will need to make sure you have coverage in place before you drive it off the dealership lot. If you have a current policy and you only carry liability coverage, then that's the only coverage that will automatically extend to your Discovery. But if you currently carry full coverage, comprehensive and collision coverage will extend to your new vehicle.
Your insurance company will provide you with proof-of-insurance forms to keep in your vehicle. It's required by state law to carry at least the state minimum liability limits. If your state requires you to file an SR-22 for being a high-risk driver, make sure your new company is aware of this requirement. Failure to comply can result in loss of your driver's license.
More Insurance Buying Tips
The Insurance Information Institute website has a great library of car insurance topics that cover claims, replacement parts, rental cars and more.
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