Are you regretting the purchase of overpriced auto insurance? Don’t feel bad because you are not the only one feeling buyer’s remorse.
You have multiple auto insurance companies to buy insurance from, and although it’s nice to have multiple companies, having more insurers makes it harder to compare rates.
Insuring your vehicles can cost a lot, but there may be some discounts to cut the cost considerably. Certain discounts will be applied at the time of purchase, but some need to be inquired about before you get the savings.
You should keep in mind that most of the big mark downs will not be given to the entire cost. Some only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears having all the discounts means you get insurance for free, you won’t be that lucky.
To locate providers that offer some of these discounts, follow this link.
There are several ways to get quotes from many available auto insurance companies in your state. One of the best ways to lower the rate you pay for 2012 Jeep Wrangler insurance is to get quotes online. It’s really quite simple and can be done using a couple different methods.
You can choose any of those ways to find more affodable coverage, but make sure you compare apples-to-apples coverage limits and deductibles for each comparison quote. If you enter higher or lower deductibles you will not be able to determine the best price for your Jeep Wrangler. Having just a slight variation in insurance coverages or limits could throw off the whole comparison. Just keep in mind that having more price comparisons helps increase your odds of locating more affordable rates.
When buying coverage, there really is not a cookie cutter policy. Everyone’s situation is unique so this has to be addressed. For instance, these questions might point out whether your personal situation may require specific advice.
If you’re not sure about those questions but you know they apply to you 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.
Learning about specific coverages of your auto insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverages found on most auto insurance policies.
Comprehensive auto coverage – Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as a tree branch falling on your vehicle, rock chips in glass and damage from getting keyed. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things like damaging your car on a curb, hitting a mailbox and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.
Medical payments and PIP coverage – Med pay and PIP coverage kick in for bills like X-ray expenses, dental work, doctor visits, nursing services and prosthetic devices. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
Liability – Liability insurance can cover damage or injury you incur to other’s property or people in an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage protects against claims like repair costs for stationary objects, repair bills for other people’s vehicles and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your Jeep Wrangler.
Because many people only carry the minimum required liability limits, 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. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Some insurance coverage companies do not offer online quoting and many times these regional insurance providers sell through independent insurance agencies. More affordable insurance coverage can be found both online as well as from independent agents, and you should be comparing both in order to have the best chance of saving money.
As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. In too many instances, someone sacrificed liability coverage limits and learned later that a couple dollars of savings turned into a financial nightmare. Your goal is to buy a smart amount of coverage at the best possible price, not the least amount of coverage.
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