Searching for cheaper insurance coverage rates for your Oldsmobile Eighty-Eight Royale? I doubt anyone looks forward to buying insurance coverage, in particular when the price is too high. You have multiple insurers to pick from, and although it’s nice to have a choice, too many choices makes it more difficult to find a good deal.
Shopping for lower auto insurance rates can be a daunting task if you don’t know the fastest way to get free quotes. You can waste a few hours (or days) talking about coverages with agents in your area, or you can utilize the internet to quickly compare rates.
Most of the best insurance companies are enrolled in a marketplace that enables customers to submit their information once, and each participating company returns a rated price. This prevents consumers from doing quotation requests to each individual auto insurance company.
To participate in this free quote system, click here to open in new window.
The one disadvantage to using this type of system is that you can’t choose the providers to receive prices from. So if you prefer to pick specific providers for rate comparison, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.
It’s up to you which method you use, but ensure you’re using exactly the same quote information with each company. If you use different values for each quote you will not be able to get a fair rate comparison.
When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s needs are different and your policy should reflect that. For example, these questions may help highlight whether or not you would benefit from an agent’s advice.
If it’s difficult to answer those questions but a few of them apply then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can provide invaluable advice.
Knowing the specifics of your policy helps when choosing appropriate coverage for your vehicles. Insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages available from insurance companies.
Comprehensive or Other Than Collision – This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims like rock chips in glass, hitting a deer and damage from flooding. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as dental work, surgery and chiropractic care. They can be utilized in addition to your health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Liability auto insurance – Liability insurance can cover damage or injury you incur to a person or their property in an accident. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit which limits claims to one amount without having the split limit caps.
Liability can pay for claims such as loss of income, pain and suffering and repair bills for other people’s vehicles. How much coverage you buy is up to you, but buy as high a limit as you can afford.
Collision – This coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for claims such as scraping a guard rail, rolling your car, sustaining damage from a pot hole, driving through your garage door and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.
UM/UIM Coverage – This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your Oldsmobile Eighty-Eight Royale.
Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.