Are you a victim of an overpriced auto insurance policy? Believe me, there are a lot of people just like you who feel imprisoned by their auto insurance policy. Because there are so many choices, it can be diffult for consumers to find the lowest cost insurance company.
This information will introduce you to the most effective way to quote insurance and some money-saving tips. If you have car insurance now, you should be able to reduce your rates substantially using these techniques. Drivers just need to learn the proper methods to compare rates online.
Auto Insurance Prices
Getting a cheaper price on insurance is not a difficult process. The only requirement is to invest a few minutes comparing price quotes provided by online insurance companies. This is very easy and can be done in several different ways.
- The fastest way consumers can make multiple comparisons is a comparison rater form (click to open form in new window). This type of form saves time by eliminating repetitive form entry to each individual auto insurance company. One form will get you rate comparisons from multiple low-cost companies.
- A harder way to shop for auto insurance online is spending the time to visit each company’s website and request a quote. For examples sake, let’s say you want comparison quotes from Allstate, GEICO and GMAC. You would have to go to every website and enter your information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.
- The least recommended way to compare rates to local insurance agencies. The ability to buy insurance online makes this process obsolete unless you require the professional guidance of a licensed agent. Drivers can price shop online but still have the advice of a local agent and you’ll learn how to do that later.
It’s your choice how you get your quotes, but double check that you are using the exact same coverage information on every quote you get. If you compare unequal deductibles or liability limits it will be very difficult to make a fair comparison for your Subaru Tribeca.
Pay less by taking advantage of these eight discounts
The cost of insuring your cars can be expensive, but discounts can save money and there are some available to help bring down the price. Certain discounts will be applied at the time of quoting, but a few must be specifically requested in order for you to get them. If you’re not getting every credit available, you’re paying more than you need to.
- Accident Forgiveness – A handful of insurance companies will allow you to have one accident without raising rates as long as you don’t have any claims prior to the accident.
- Discounts for Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less for Tribeca coverage than drivers with accidents.
- Defensive Driver – Successfully completing a course in driver safety could save 5% or more and easily recoup the cost of the course.
- Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts until age 25.
- Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of up to 25% or more.
- Student in College – Children who attend school more than 100 miles from home and don’t have a car may qualify for this discount.
- Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.
- Use Seat Belts – Buckling up and requiring all passengers to use their safety belts can save 10% or more on the medical payments or PIP coverage costs.
A little note about advertised discounts, most credits do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like medical payments or collision. So even though it sounds like all those discounts means the company will pay you, you won’t be that lucky. Any amount of discount will cut the amount you have to pay.
For a list of providers with discount auto insurance rates, click here.
You are unique and your auto insurance should be too
When it comes to choosing adequate coverage for your vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions might help in determining whether you might need professional guidance.
- If my Subaru Tribeca is totaled, can I afford another vehicle?
- Is there coverage for injuries to my pets?
- Does my Subaru Tribeca qualify for pleasure use?
- When do I need to add a new car to my policy?
- Do I have coverage when making deliveries for my home business?
- Am I covered if I wreck a rental car?
- Are rental cars covered under my policy?
- Why am I required to buy high-risk coverage?
- Do I need added coverage for expensive stereo equipment?
If you can’t answer these questions, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.
Auto insurance coverage basics
Having a good grasp of auto insurance aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. These are typical coverage types found on most auto insurance policies.
Collision coverage protection
Collision coverage will pay to fix damage to your Tribeca caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like sustaining damage from a pot hole, damaging your car on a curb, crashing into a building, colliding with a tree and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.
Comprehensive coverages
Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as a tree branch falling on your vehicle, vandalism, damage from getting keyed, hail damage and fire damage. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Coverage for medical payments
Med pay and PIP coverage kick in for expenses for funeral costs, chiropractic care and prosthetic devices. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
Liability auto insurance
This coverage protects you from damage that occurs to people or other property. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.
Liability insurance covers things like repair bills for other people’s vehicles, pain and suffering and attorney fees. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.
Uninsured and underinsured coverage
This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Subaru Tribeca.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits do not exceed the liability coverage limits.
