Searching for the cheapest auto insurance rates for your Dodge Colt? Are you sick and tired of not being able to afford to buy auto insurance? You are no different than most other drivers.
Popular companies such as GEICO, 21st Century and Progressive all claim big savings, bombarding you with fancy advertisements and it can be hard to see past the corporate glitz and effectively compare rates to find the best deal.
Consumers need to take a look at other company’s rates at least once a year because insurance prices are constantly changing. Even if you got the best rates for Colt coverage a year ago you can probably find a lower rate today. There are lots of tips to save on auto insurance out there, but in just a couple of minutes you can learn a bunch of ideas how to save money.
Car insurance can cost a lot, but you might already qualify for some discounts that can dramatically reduce your bill. Larger premium reductions will be automatically applied when you get a quote, but a few must be inquired about prior to receiving the credit.
Remember that most discounts do not apply to all coverage premiums. Most cut specific coverage prices like comp or med pay. Despite the fact that it seems like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business. But any discount will help reduce your premiums.
A partial list of companies who may offer most of the discounts above include:
Before buying, ask every company how many discounts you can get. Some discounts listed above might not apply in your area.
Effectively comparing insurance coverage prices can be exhausting if you don’t know the easiest way. You can spend countless hours talking to insurance agencies in your area, or you can utilize online quoting to quickly compare rates.
Most car insurance companies belong to an insurance system that allows shoppers to enter their policy data once, and each company then returns a price quote. This saves time by eliminating quote requests to each individual insurance coverage company.
To fill out one form to compare multiple rates now click to open in new window.
The one disadvantage to getting quotes like this is that you can’t choose which insurance companies you want pricing from. So if you want to select individual companies to request quotes from, we have a page of the cheapest insurance coverage companies in your area. Click here to view list.
However you get your quotes, make sure you use equivalent information on every quote. If your comparisons have different liability limits then you won’t be able to get a fair rate comparison. Quoting even small variations in limits could skew the results. And when price shopping your coverage, comparing more quotes provides better odds of finding a lower rate than you’re paying now.
Many factors are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, but others are less obvious such as your credit history or how safe your car is.Consumers need to have an understanding of the different types of things that help calculate the level of your policy premiums. If you have a feel for what influences your rates, this enables informed choices that can help you get much lower annual insurance costs.
The list below includes most of the major factors that factor into your rates.
When choosing adequate coverage for your vehicles, there really is no single plan that fits everyone. Each situation is unique and your policy should reflect that. These are some specific questions could help you determine if your insurance needs might need professional guidance.
If it’s difficult to answer those questions but one or more may apply to you, 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
Allstate, GEICO and Progressive endlessly run television and radio advertisements. All the ads say the same thing that drivers will save a bundle just by switching to them. How does every company give you a lower rate? It’s all in the numbers.
Insurance providers have specific guidelines for the type of customer that makes them money. One example of this type of risk profile might be over the age of 50, carries high limits, and does not commute to work. Anybody who fits that profile will get very good premium rates as well as save when switching.
Drivers who do not fit these criteria will have to pay higher premiums with the end result being the customer not buying. The trick companies use is to say “people who switch” not “everyone who quotes” save the amount stated. That’s why insurance companies can make those statements.
Different companies use different criteria so you really need to compare price quotes frequently. It’s not possible to predict the company that will provide the lowest car insurance rates.
Understanding the coverages of your car insurance policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are the usual coverages found on most car insurance policies.
Medical expense insurance
Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for doctor visits, pain medications, X-ray expenses and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay
Comprehensive (Other than Collision)
This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like falling objects, fire damage, hitting a bird, damage from flooding and vandalism. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Protection from uninsured/underinsured drivers
Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your 1991 Dodge Colt.
Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these limits are set the same as your liablity limits.
Auto liability
Liability coverage can cover damages or injuries you inflict on other people or property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.
Liability insurance covers claims like medical services, court costs and loss of income. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.
Collision insurance
This will pay to fix damage to your Colt caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision coverage pays for things like colliding with a tree, scraping a guard rail, driving through your garage door and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.
We covered quite a bit of information on how to reduce 1991 Dodge Colt insurance prices online. The most important thing to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may even find the most savings is with an unexpected company. Smaller companies may often insure only within specific states and give getter rates than their larger competitors like State Farm or Progressive.
As you restructure your insurance plan, you should never skimp on critical coverages to save a buck or two. In many cases, someone dropped collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The goal is to buy a smart amount of coverage at an affordable rate, but don’t skip important coverages to save money.
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