Feel like you’re a prisoner to overpriced auto insurance? Believe me, you’re not alone.
Companies like Progressive, State Farm and GEICO continually hit you with advertising and it is difficult to see through the cute green geckos and mayhem and take the time to shop coverage around.
You should make it a habit to get comparison quotes every six months due to the fact that insurance prices change quite often. Even if you got the lowest rates on Outback coverage at your last renewal you can probably find a lower rate today. Forget anything you know (or think you know) about auto insurance because we’re going to show you the quickest way to find lower rates on auto insurance.
Part of the car insurance buying process is learning the factors that play a part in calculating the price you pay for car insurance. If you have a feel for what determines premiums, this allows you to make educated decisions that could result in lower car insurance prices.
The itemized list below are just a few of the factors utilized by car insurance companies to help set your rates.
All the larger insurance companies such as Allstate, GEICO and Progressive give price estimates from their websites. Getting prices online doesn’t take much effort because you just enter the coverages you want into a form. When the form is submitted, their system automatically retrieves your credit score and driving record and returns a price based on the data you entered. Online quotes makes comparing rates easy, but the work required to visit many different websites and type in the same information is monotonous and tiresome. But it’s absolutely necessary to have as many quotes as possible if you want to find a lower rate.
Compare rates the easy way
The quickest way to compare insurance pricing makes use of a single form to return rates from many companies. It saves time, requires much less work on your part, and makes rate comparisons a lot less work. After your information is entered, it gets priced with multiple companies and you can pick your choice of the resulting price quotes. If you find a better price it’s easy to complete the application and buy the policy. This process takes 15 minutes at the most and can result in significant savings.
To find out how much you can save on insurance, click here and input your coverage information. If you have coverage now, it’s recommended you copy the insurance coverages as close as possible to your current policy. Doing this guarantees you will receive an apples-to-apples comparison for exact coverage.
Car insurance is not cheap, but you may find discounts that could drop your premiums quite a bit. Most are applied at quote time, but some may not be applied and must be requested specifically prior to receiving the credit.
A little note about advertised discounts, many deductions do not apply to all coverage premiums. Most only reduce individual premiums such as comprehensive or collision. Despite the appearance that you can get free auto insurance, you aren’t that lucky. But all discounts will cut the amount you have to pay.
Popular insurance coverage companies and their offered discounts are:
If you need cheap car insurance quotes, ask every insurance company to give you their best rates. Discounts might not be offered in your area. For a list of insurers that can offer you the previously mentioned discounts, click here.
When it comes to choosing coverage for your personal vehicles, there is no best way to insure your cars. Every situation is different so your insurance needs to address that. For example, these questions might help in determining if your insurance needs will benefit from professional help.
If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
Having a good grasp of your policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from car insurance companies.
Liability insurance
This coverage provides protection from damage or injury you incur to a person or their property by causing an accident. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.
Liability coverage pays for claims like loss of income, medical expenses and repair bills for other people’s vehicles. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.
Collision insurance
This coverage pays for damage to your Outback caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as colliding with another moving vehicle, crashing into a building, damaging your car on a curb, hitting a mailbox and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance reimburse you for bills like doctor visits, surgery and X-ray expenses. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage (or Other than Collision)
This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like hail damage, rock chips in glass and hitting a deer. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. There have been many situations where consumers will sacrifice physical damage coverage only to find out they didn’t have enough coverage. The aim is to purchase plenty of coverage at the best possible price, but do not skimp to save money.
You just learned some good ideas how to compare 2014 Subaru Outback insurance car insurance rates online. The key thing to remember is the more providers you compare, the better chance you’ll have of finding cheaper car insurance. Drivers may discover the lowest car insurance rates come from some of the lesser-known companies. These companies may often insure only within specific states and give getter rates compared to the large companies like Progressive and GEICO.
Additional information can be found on the following sites: