Having to pay for overpriced car insurance can drain your personal savings and force you to make sacrifices. Comparing price quotes is free, only takes a few minutes, and is a good way to lower your monthly bill.
Insurance companies such as GEICO and Progressive persitently shower you with TV and radio ads and it is difficult to see past the geckos and flying pigs and find the best price available.
If you have car insurance now, you should be able to cut costs considerably using these techniques. Finding affordable coverage is easy if you know what you’re doing. But car owners need to learn how big insurance companies determine prices because it can help you find the best coverage.
Fast and Easy Car Insurance Quotes
Most companies give coverage prices on the web. Getting online rates is quite easy as you just type in as detailed in the form. Upon sending the form, their rating system pulls your driving record and credit report and returns a price. Online price quotes streamlines rate comparisons, but the time it takes to visit multiple sites and complete many quote forms can be a bit tiresome and repetitive. But it’s very important to compare as many rates as possible if you are searching for the best price possible.
A more efficient way to compare rates utilizes a single form to get prices from many companies. This type of form saves time, eliminates form submissions, and makes quoting online much easier. As soon as you send your information, it gets priced with multiple companies and you can pick any or none of the quotes that you receive.
If the quotes result in lower rates, you simply finish the application and buy the new coverage. It takes less than 15 minutes and can result in significant savings.
To compare rates using this form now, simply click here to open in new window and begin entering your coverage information. If you have your current policy handy, we recommend you replicate the coverage information exactly as they are listed on your policy. This helps ensure you will get a price comparison based on the exact same insurance coverage.
Lots of discounts mean lots of savings
Insuring your vehicles can cost a lot, but companies offer discounts to help offset the cost. Certain discounts will be triggered automatically when you get a quote, but less common discounts must be inquired about before you get the savings.
- Life Insurance Discount – Some companies give a break if you buy a life insurance policy as well.
- Club Memberships – Affiliation with a qualifying organization could trigger savings on your policy for 3.2CL coverage.
- Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and earn discounts up to 10%.
- No Accidents – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.
- Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
A little note about advertised discounts, most discount credits are not given to the entire cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, it just doesn’t work that way. Any qualifying discounts will reduce the cost of coverage.
To see a list of insurance companies with discount car insurance rates, click here to view.
Can you really save that much by switching?
Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. All the companies say the same thing that you can save if you move to their company. How can each company make almost identical claims?
All companies are able to cherry pick for the driver that is profitable for them. For example, a driver they prefer could be between the ages of 40 and 55, has no driving citations, and drives less than 7,500 miles a year. A customer getting a price quote who fits that profile gets the lowest rates and therefore will cut their rates substantially.
Potential customers who don’t qualify for the “perfect” profile will have to pay a more expensive rate and this can result in business going elsewhere. Company advertisements say “people who switch” not “people who quote” save money. This is how companies can make the claims of big savings.
Because of the profiling, it’s extremely important to compare as many rates as you can. Because you never know which company will fit your personal profile best.
Educate yourself about car insurance coverages
Knowing the specifics of car insurance helps when choosing the best coverages for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverages offered by car insurance companies.
Coverage for medical payments
Personal Injury Protection (PIP) and medical payments coverage kick in for bills for rehabilitation expenses, prosthetic devices, funeral costs, X-ray expenses and doctor visits. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage
Comprehensive coverages
Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things like vandalism, damage from a tornado or hurricane and hail damage. The most your car insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Uninsured and underinsured coverage
This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Acura 3.2CL.
Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Collision protection
This pays for damage to your 3.2CL resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like crashing into a ditch, scraping a guard rail, colliding with a tree, sideswiping another vehicle and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.
Liability coverages
Liability coverage will cover damage that occurs to people or other property by causing an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.
Liability insurance covers things like emergency aid, bail bonds, repair bills for other people’s vehicles and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as much as you can afford.
Quote often and quote early
As you go through the steps to switch your coverage, you should never skimp on critical coverages to save a buck or two. In many cases, an accident victim reduced liability limits or collision coverage and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to buy the best coverage you can find at a price you can afford.
Cheap Acura 3.2CL insurance is definitely available from both online companies in addition to many insurance agents, and you should be comparing both to have the best selection. There are still a few companies who do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.
