Sick and tired of being strong-armed each month for car insurance? You are in the same boat as many other consumers. Insurance companies such as GEICO, Farmers Insurance and State Farm increase brand awareness with fancy advertisements and consumers find it hard to ignore the propoganda and effectively compare rates to find the best deal.
Consumers need to get comparison quotes once or twice a year because prices are variable and change quite frequently. Even if you got the lowest price on CR-Z insurance six months ago other companies may now be cheaper. Starting now, forget anything you know (or think you know) about car insurance because you’re going to learn how to use online quotes to remove unneeded coverages and save money.
If you have a policy now or are shopping for new coverage, you will benefit by learning to reduce the price you pay while maintaining coverages. Choosing the best insurance company for you is not rocket science. Vehicle owners only need to know how to shop for car insurance online.
Are you getting all your discounts?
Properly insuring your vehicles can get expensive, but there could be available discounts to help bring down the price. Certain discounts will be triggered automatically when you quote, but lesser-known reductions have to be inquired about prior to receiving the credit. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.
- Student Driver Training – Have your child take driver’s ed class in school.
- Homeowners Pay Less – Simply owning a home can help you save on car insurance because maintaining a house demonstrates responsibility.
- Senior Citizens – If you’re over the age of 55, you may receive reduced rates on CR-Z insurance.
- Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts can save 10% or more off your medical payments premium.
- Anti-lock Brakes – Anti-lock brake equipped vehicles are safer to drive and qualify for as much as a 10% discount.
- Discount for Good Grades – Performing well in school can save 20 to 25%. The discount lasts well after school through age 25.
- Payment Method – If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
- Memberships – Participating in a civic or occupational organization may earn a discount when buying car insurance on CR-Z insurance.
It’s important to note that most of the big mark downs will not be given the the whole policy. Some only reduce specific coverage prices like liability and collision coverage. So even though it sounds like you could get a free car insurance policy, it doesn’t quite work that way. But all discounts will reduce the amount you have to pay.
For a list of companies with the best car insurance discounts, click this link.
Car Insurance Prices
All major car insurance companies such as Progressive, GEICO, Allstate and State Farm provide insurance quotes online. Getting online rates is pretty easy as you simply type in your coverage preferences as detailed in the form. Once entered, their rating system automatically orders credit information and your driving record and gives you a price quote. Being able to quote online streamlines rate comparisons, but the work required to visit multiple sites and enter the same data into a form can get tiresome after awhile. But it’s very important to get many rate quotes in order to find the lowest price.
The quickest way to lower your rates is to use a quote form to get prices from many companies. It saves time, eliminates repetitive work, and makes online quotes much more enjoyable. After sending the form, it is quoted and you can choose any of the resulting price quotes.
If a lower price is quoted, you can simply submit the application and buy the new coverage. It only takes a few minutes and you’ll know if lower rates are available.
In order to compare rates now, click here to open in a new tab and complete the simple form. If you have a policy now, it’s recommended you enter your coverages exactly as they are listed on your policy. Doing this guarantees you will have rate quotes for similar insurance coverage.
When should I use an insurance agent?
When choosing the best car insurance coverage, there really is not a cookie cutter policy. Every insured’s situation is different and your policy should reflect that. Here are some questions about coverages that could help you determine whether you might need professional guidance.
- When does my teenage driver need to be added to my policy?
- When should I remove comp and collision on my Honda CR-Z?
- Do I need roadside assistance coverage?
- Am I covered when driving in Canada or Mexico?
- Why am I be forced to buy a membership to get insurance from some companies?
- When would I need additional glass coverage?
- Does my medical payments coverage pay my health insurance deductible?
- Does my car insurance cover rental cars?
If you can’t answer these questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area. It only takes a few minutes and you can get the answers you need.
Information about specific coverages
Learning about specific coverages of a car insurance policy aids in choosing the best coverages and proper limits and deductibles. Car insurance terms can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages available from car insurance companies.
Uninsured or underinsured coverage
Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda CR-Z.
Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time these limits do not exceed the liability coverage limits.
Collision insurance
This covers damage to your CR-Z resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things like damaging your car on a curb, driving through your garage door, crashing into a ditch and rolling your car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.
Auto liability insurance
Liability coverage protects you from damage that occurs to a person or their property that is your fault. This coverage protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability coverage protects against things like pain and suffering, repair costs for stationary objects, funeral expenses and medical expenses. How much liability should you purchase? That is up to you, but consider buying as large an amount as possible.
Comprehensive protection
This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like damage from getting keyed, theft, damage from flooding, rock chips in glass and hail damage. The most a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Medical expense coverage
Coverage for medical payments and/or PIP pay for immediate expenses for things like hospital visits, prosthetic devices, funeral costs and chiropractic care. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
One last thing about your coverage
When you buy insurance online, it’s very important that you do not skimp on critical coverages to save a buck or two. In too many instances, an accident victim reduced physical damage coverage and learned later that it was a big error on their part. Your goal should be to buy the best coverage you can find for the lowest price while still protecting your assets.
We just presented many ideas to lower your Honda CR-Z insurance rates. The key concept to understand is the more companies you get rates for, the better likelihood of reducing your rate. You may be surprised to find that the best price on car insurance is with some of the lesser-known companies. They can often insure niche markets at a lower cost as compared to the big name companies such as State Farm and Allstate.
