Feel like you have overpriced car insurance? It’s a common feeling and many consumers are in the same pinch. Because there are so many car insurance companies to choose from, it’s difficult to choose the cheapest insurer.
Car insurance can cost a lot, but there may be some discounts that you may not even know about. Certain reductions will be credited at the time of purchase, but some may not be applied and must be asked for before they will apply.
As is typical with insurance, most credits do not apply to the entire policy premium. Most only apply to specific coverage prices like liability and collision coverage. Even though the math looks like you would end up receiving a 100% discount, companies don’t profit that way. But all discounts will help reduce your premiums.
A few companies that may include most of these discounts possibly include:
If you need lower rates, check with all the companies which discounts they offer. Depending on the company, some discounts might not apply in your area. If you would like to see a list of insurance companies who offer insurance discounts, follow this link.
Lots of factors are part of the calculation when you quote your car insurance policy. Some are obvious like a motor vehicle report, but other criteria are more transparent like your vehicle usage and annual miles driven.
The itemized list below are most of the major factors utilized by car insurance companies to help set your premiums.
When buying the right insurance coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your situation might need an agent’s assistance.
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.
Understanding the coverages of a auto insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages found on most auto insurance policies.
Comprehensive coverage
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like a broken windshield, falling objects, hitting a bird and theft. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP pay for short-term medical expenses for doctor visits, dental work, hospital visits and EMT expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist coverage
This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz E-Class.
Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently the UM/UIM limits are identical to your policy’s liability coverage.
Collision coverage protection
Collision coverage covers damage to your E-Class resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims such as colliding with a tree, crashing into a building, scraping a guard rail, hitting a parking meter and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.
Coverage for liability
This coverage will cover damages or injuries you inflict on people or other property in an accident. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage protects against claims such as funeral expenses, bail bonds and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.
When shopping online for auto insurance, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced collision coverage only to find out they didn’t purchase enough coverage. Your goal should be to buy the best coverage you can find at the best price and still be able to protect your assets.
Discount 1999 Mercedes-Benz E-Class insurance is available on the web in addition to local insurance agencies, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies may not offer the ability to get quotes online and usually these small, regional companies prefer to sell through independent insurance agents.
Even more information can be found at these sites: