Looking for lower car insurance rates for your Volkswagen Tiguan? Did budget coverage turn out to be overpriced car insurance? Don’t sweat it because there are lots of residents who feel the same. Numerous insurers battle for your insurance dollar, and because of this it can be hard to compare insurance companies to find the lowest rate
Insuring your fleet can be pricey, but there are discounts available that can dramatically reduce your bill. Certain discounts will be triggered automatically at quote time, but less common discounts must be requested specifically before you will receive the discount.
It’s important to understand that most credits do not apply to the entire policy premium. Most only cut the cost of specific coverages such as comp or med pay. So when the math indicates you could get a free car insurance policy, company stockholders wouldn’t be very happy.
The best car insurance companies and some of their more popular discounts include:
If you need lower rates, check with each company or agent the best way to save money. Some discounts listed above may not apply to policyholders everywhere. To view car insurance companies that offer the discounts shown above, click here.
When choosing adequate coverage, there really is no “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. For instance, these questions can help discover whether your personal situation might need professional guidance.
If you’re not sure about those questions then you might want to talk to an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, free and can provide invaluable advice.
Consumers can’t get away from ads for cheaper auto insurance from the likes of GEICO, State Farm and Progressive. They all say the same thing that you can save after switching to them.
How can each company charge you a lower premium? It’s all in the wording.
Different companies quote their best rates for a prospective insured that earns them a profit. For example, a profitable risk profile may be a married male, carries full coverage, and has a high credit rating. A customer that hits that “sweet spot” will most likely get cheap rates and have a good chance to save quite a bit of money when switching.
Drivers who don’t measure up to the “perfect” profile will be charged higher prices with the end result being business not being written. If you listen to the ad wording, they say “customers that switch” but not “all drivers who get quotes” save the amount stated. That’s why companies can truthfully make claims like that.
This really drives home the point why you really should get as many free insurance quotes as possible. Because without a comparison, you cannot know the company that will have the best premium rates for your profile.
Having a good grasp of your car insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages available from car insurance companies.
Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Collision coverages – Collision insurance covers damage to your Tiguan resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like sustaining damage from a pot hole, hitting a parking meter and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.
Liability coverage – Liability insurance will cover damage that occurs to people or other property that is your fault. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage protects against claims like bail bonds, attorney fees and court costs. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.
Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like pain medications, chiropractic care, prosthetic devices and EMT expenses. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like damage from a tornado or hurricane, fire damage, falling objects, vandalism and hitting a deer. The highest amount your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Cheaper auto insurance can be found on the web as well as from insurance agents, so you need to quote insurance with both to have the best chance of lowering rates. Some companies may not have online price quotes and many times these smaller providers prefer to sell through local independent agents.
As you restructure your insurance plan, do not reduce needed coverages to save money. There have been many cases where an accident victim reduced liability limits or collision coverage to discover at claim time they didn’t have enough coverage. The aim is to buy the best coverage you can find at the lowest possible cost while not skimping on critical coverages.
Much more information about auto insurance is available below: