![](https://www.quotefreely.com/blog/wp-content/uploads/ci175-15.jpg)
Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us when we tell you many consumers feel financially strained by their auto insurance policy. Insurance companies such as GEICO and Progressive constantly bombard you with TV and radio ads and consumers find it hard to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.
It is always a good idea to compare rates periodically due to the fact that insurance rates change frequently. Even if you think you had the best deal on Ghost coverage two years ago you can probably find a better price now. Forget all the misinformation about auto insurance because you’re about to find out one of the easiest ways to reduce your cost while improving coverage.
If you have a current auto insurance policy or are just looking to switch companies, you will benefit by learning to cut your premiums and possibly find even better coverage. Finding the best rates is quite easy. Drivers just need to learn the proper methods to get comparison rates online.
Auto Insurance Comparison Rates
Getting a lower price on Rolls Royce Ghost insurance is surprisingly easy. The only thing you need to do is take time to compare quotes online from several insurance companies. This is very easy and can be done using a couple different methods.
- The best way to get quotes would be an industry-wide quote request form click here to open form in new window. This form keeps you from doing repetitive form submissions to each individual auto insurance company. A single form will return quotes from many national carriers.
- Another way to obtain and compare quotes online requires you to visit each company’s website to complete their respective quote request forms. For sake of this example, we’ll assume you want to compare rates from Nationwide, Allstate and GMAC. To get each rate you have to go to every website to enter your coverage information, and that’s why the first method is more popular.
For a list of links to companies insuring cars in your area, click here.
- The hardest way to get comparison rates is driving around to and from local insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you require the professional guidance only provided by licensed agents. However, consumers can get prices online and get advice from an agent in your area and you’ll learn how to do that later.
Which method you use is up to you, but ensure you are comparing exactly the same coverages for each price quote. If you have different values for each quote it will be very difficult to determine the best price for your Rolls Royce Ghost.
Can’t I compare rates from local agents?
Some people just want to talk to a local agent. Agents can point out coverage gaps and give you peace of mind. One of the best bonuses of getting online price quotes is the fact that you can find the lowest rates but also keep your business local.
Upon completion of this quick form, the quote information is immediately sent to agents in your area who will give you bids for your coverage. There is no need to even leave your home due to the fact that quote results will go directly to your email. How cool is that?!
Choosing an insurer needs to be determined by more than just the price. Agents should be asked these questions:
- Does the agent have professional designations like CIC, CPCU or AIC?
- Are they properly licensed to sell insurance in your state?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Is their price quote a firm figure or are their hidden costs?
- Do they receive special compensation for putting your coverage with one company over another?
- Is vehicle mileage a factor when determining depreciation for repairs?
- If you are a high risk driver, do they have special markets for your coverage?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
What types of auto insurance agents are there?
If you’re trying to find a reputable insurance agent or broker, you must know there are a couple types of insurance agents from which to choose. Agents can either be captive or independent (non-captive). Both do a good job, but it’s worth learning how they differ because it can impact buying decisions.
Captive Insurance Agents
Captive agencies can only place business with one company and examples are Allstate, Farmers Insurance, State Farm and AAA. They usually cannot provide prices from multiple companies so they are skilled at selling on more than just price. Captive agents are very knowledgeable on the products they sell which helps them compete with independent agents.
Independent Insurance Agents
These agents are not required to write business for one company but instead can place your coverage with any number of different companies and potentially find a lower price. If you are not satisfied with one company, the agent simply finds a different carrier without you having to go to a different agency. When shopping rates, we recommend you get quotes from at least one independent agent to have the most options to choose from.
To view a complete directory of auto insurance agents, click here.
Upon getting good answers and a low price estimate, you have narrowed it down to an insurance agency that is a good match to adequately provide auto insurance.
Auto insurance 101
Learning about specific coverages of your auto insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. These are the usual coverages found on the average auto insurance policy.
Comprehensive protection
This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims like damage from a tornado or hurricane, a broken windshield and vandalism. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Collision insurance
This covers damage to your Ghost caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like colliding with another moving vehicle, crashing into a ditch, hitting a mailbox and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
Uninsured or underinsured coverage
Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Rolls Royce Ghost.
Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.
Liability car insurance
Liability insurance will cover damages or injuries you inflict on other’s property or people. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.
Liability can pay for things such as attorney fees, legal defense fees and pain and suffering. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.
Medical expense coverage
Med pay and PIP coverage pay for expenses such as doctor visits, ambulance fees and EMT expenses. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay