Have you fallen victim to overpriced auto insurance? Trust us, there are many people just like you. There is such a variety of car insurance companies to purchase coverage from, and although it’s nice to be able to choose, it can be more difficult to compare rates.
The purpose of this post is to familiarize you with how to get online quotes and some money-saving tips. If you are paying for car insurance now, you should be able to lower your premiums substantially using this information. Drivers just need to know the tricks to compare prices over the internet.
Cheap Auto Insurance Comparisons
Most companies provide prices directly from their websites. Getting quotes doesn’t take a lot of time as you just enter the coverage amounts you desire as detailed in the form. After you complete the form, the company’s rating system automatically retrieves your credit score and driving record and generates a price based on these and other factors. Online price quotes simplifies rate comparisons, but having to visit many different websites and type in the same information can get tiresome after awhile. Unfortunately, it is important to get many rate quotes if you want to find a better rate.
A more efficient way to compare auto insurance pricing utilizes a single form to obtain quotes from a lot of companies. It’s a real time-saver, reduces the work, and makes rate comparisons a lot less work. Immediately after submitting the form, your coverage is rated and you can choose any of the pricing results.
If a lower price is quoted, you can simply submit the application and buy the policy. The whole process just takes a couple of minutes and may result in a nice savings.
To quickly get comparison pricing now, click here and begin entering your coverage information. If you have coverage now, it’s recommended you duplicate coverages and limits as shown on your current policy. This ensures you’re receiving rate quotes for exact coverage.
Don’t miss out on these six money-saving discounts
Car insurance is not cheap, buy you may qualify for discounts to reduce the price significantly. A few discounts will automatically apply when you complete an application, but less common discounts must be manually applied before you will receive the discount. If they aren’t giving you every credit possible, you are paying more than you should be.
- Low Mileage Discounts – Keeping the miles down on your Saab can earn discounted rates on garaged vehicles.
- Good Student – Performing well in school can be rewarded with saving of up to 25%. The good student discount can last until age 25.
- Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you could save 5% or more.
- Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less for 9-4X insurance than less cautious drivers.
- No Claims – Drivers with accident-free driving histories can earn big discounts compared to drivers who are more careless.
- Life Insurance Discount – Larger companies have lower rates if you buy auto and life insurance together.
A little note about advertised discounts, many deductions do not apply to the entire cost. Most only reduce individual premiums such as comp or med pay. So even though it sounds like all those discounts means the company will pay you, it just doesn’t work that way. Any qualifying discounts will help reduce the cost of coverage.
To choose companies with discount auto insurance rates, click this link.
Auto insurance coverage considerations
Understanding the coverages of auto insurance can help you determine the right coverages and proper limits and deductibles. Auto insurance terms can be confusing and coverage can change by endorsement. These are the normal coverages offered by auto insurance companies.
Uninsured Motorist or Underinsured Motorist insurance – This gives you protection when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Saab 9-4X.
Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Frequently these coverages are set the same as your liablity limits.
Collision coverage – This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims like colliding with a tree, colliding with another moving vehicle, rolling your car and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.
Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for expenses for funeral costs, ambulance fees and pain medications. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible
Liability – Liability coverage can cover damage that occurs to other people or property in an accident. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.
Liability coverage protects against things like repair costs for stationary objects, pain and suffering and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, a broken windshield, hitting a deer and hitting a bird. The highest amount 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.
