Vehicle owners that are new to comparing auto insurance rates online could find purchasing low cost insurance is harder than they anticipated.
Most companies like Allstate and Progressive give prices on their websites. Doing online price comparisons is fairly simple as you simply type in your personal and coverage information into a form. Upon sending the form, their system will order reports for credit and driving violations and quotes a price based on these and other factors.
This makes comparing rates easy, but the process of having to visit several different sites and enter the same data into a form is monotonous and tiresome. But it’s also necessary to get many rate quotes if you want to get a lower rate.
There is an easier way!
A quicker way to find cheaper rates utilizes a single form that gets prices from many companies. This type of form saves time, requires much less work on your part, and makes price shopping online a lot less work. As soon as the form is sent, it is quoted and you can choose your choice of the quote results.
If a lower price is quoted, you can click and sign and purchase the new policy. It just takes a couple of minutes and could lower your rates considerably.
If you want to find out how much you can save on car insurance, click here to open in a new tab and begin entering your coverage information. If you have coverage now, it’s recommended you enter your coverages just like they are on your policy. This makes sure you’re receiving a price comparison using the same coverage and limits.
Allstate and Progressive regularly use ads in print and on television. They all say the same thing that you can save if you change to their company. How does each company save you money? You have to listen carefully.
Most companies can use profiling for the right customer they prefer to insure. An example of this type of insured could possibly be between the ages of 30 and 50, has a clear driving record, and has excellent credit. Any customer who matches that profile receives the best rates and is almost guaranteed to save when they switch companies.
Potential customers who do not fit those criteria will see higher premiums which usually ends up with the customer buying from someone else. The ads say “customers that switch” not “all people who quote” save that kind of money. This is how insurance companies can confidently claim big savings.
Each company has different criteria, so you need to do a rate comparison at every renewal. It’s just not possible to know which car insurance company will fit you best based on your risk profile.
Some providers don’t always publicize every policy discount very well, so the next list breaks down some of the more common and also the lesser-known ways to save on auto insurance.
One last thing about discounts, some of the credits will not apply to your bottom line cost. Some only apply to the cost of specific coverages such as comprehensive or collision. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way.
For a list of insurers that offer discounts, click this link.
When it comes to choosing proper insurance coverage, there isn’t really a “best” method to buy coverage. Each situation is unique.
Here are some questions about coverages that could help you determine if you might need an agent’s assistance.
If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Learning about specific coverages of car insurance can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.
Insurance for medical payments
Med pay and PIP coverage reimburse you for expenses for things like surgery, hospital visits, pain medications, dental work and prosthetic devices. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
Liability insurance
This provides protection from damage or injury you incur to people or other property. It protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.
Liability can pay for claims like attorney fees, bail bonds and medical services. How much coverage you buy is up to you, but buy as high a limit as you can afford.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2010 Dodge Viper.
Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Normally these coverages are set the same as your liablity limits.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as damage from flooding, hitting a deer, a broken windshield and damage from a tornado or hurricane. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Collision insurance
This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims such as hitting a parking meter, rolling your car, hitting a mailbox, scraping a guard rail and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.
As you quote insurance, make sure you don’t sacrifice coverage to reduce premiums. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at the lowest possible cost but still have enough coverage for asset protection.
Some auto insurance companies may not offer online rate quotes and usually these small, regional companies only sell coverage through independent insurance agents. Lower-priced 2010 Dodge Viper insurance is definitely available from both online companies in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis.
Insureds who switch companies do it for many reasons like lack of trust in their agent, delays in responding to claim requests, denial of a claim or delays in paying claims. No matter why you want to switch, switching companies is pretty simple and you could end up saving a buck or two.
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