Are you drained from sacrificing other expenses to pay auto insurance each month? You are in the same boat as many other drivers. Companies like Progressive, GEICO and Farmers Insurance all claim big savings with ads and it is challenging if not impossible to separate fact from fiction and do the work needed to find the best deal.
It is always a good idea to check auto insurance prices at least once a year because auto insurance prices are usually higher with each renewal. Just because you had the lowest price for Sonic insurance at your last renewal you can probably find a lower rate today. There is a lot of bad advice regarding auto insurance on the internet, but by reading this article, you’re going to learn some good information on how to save money.
There are a variety of methods to shop for car insurance, and some are less labor-intensive and much quicker. You can spend countless hours talking to local insurance agents in your area, or you can stay home and use the web to get pricing more quickly.
Many of the larger companies take part in a program where insurance shoppers only type in their quote data once, and at least one company returns a rated price based on the submitted data. This prevents consumers from doing repetitive form submissions for every car insurance company. To compare rates now click here to start a free quote.
The one downside to using this type of form is you can’t choose the companies you will receive quotes from. So if you prefer to pick specific insurance companies to compare prices, we have a page of car insurance companies in your area. Click to view list.
Whichever way you use, make absolute certain that you use exactly the same quote information on every quote you get. If you use unequal deductibles or liability limits you will not be able to determine which rate is truly the best.
Consumers can’t avoid all the ads that claim the lowest car insurance rates by companies like Allstate, GEICO and Progressive. They all seem to make the point that drivers can save some big amount if you move your coverage to them.
How can each company make almost identical claims? It’s all in the numbers.
Most companies quote their cheapest rates for the type of driver that will be a good risk. For instance, a desirable risk might be described as over the age of 40, owns their home, and the vehicle is rated for pleasure use. A propective insured who matches that profile will probably get the lowest prices and as a result will probably save money with a new company.
Insureds who are not a match for the requirements will see a higher rate with the end result being the prospect going elsewhere. If you listen to the ad wording, they say “people that switch” not “all people who quote” will save that much if they switch. That’s why insurance companies can confidently claim big savings.
This really illustrates why drivers should compare as many free insurance quotes as you can. It is impossible to guess which insurance companies will have the best prices for your profile.
Lots of factors are considered when you get a price on insurance. Some are pretty understandable such as your driving history, although some other factors are more obscure like where you live and annual miles driven.The best way to find cheaper insurance is to take a look at the rating factors that aid in calculating the rates you pay for insurance. When you understand what controls the rates you pay, this allows you to make good choices that can earn you big savings.
Shown below are some of the factors used by companies to determine your premiums.
Not many people think insurance is cheap, but there may be some discounts that can help lower your rates. Many discounts should be triggered at quote time, but lesser-known reductions have to be specifically requested before you get the savings.
As a footnote on discounts, most credits do not apply to the entire cost. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, it doesn’t quite work that way.
A few companies that may offer quotes with these benefits include:
If you want cheap insurance quotes, ask every prospective company which discounts they offer. Discounts may not apply in your area. To choose insurers that can offer you the previously mentioned discounts, click here to view.
When buying proper insurance coverage, there is no perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if your insurance needs will benefit from professional help.
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.
Having a good grasp of your policy can be of help when determining the best coverages for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are typical coverages available from car insurance companies.
Comprehensive protection – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for claims like rock chips in glass, theft, a tree branch falling on your vehicle, vandalism and hitting a bird. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as funeral costs, chiropractic care and ambulance fees. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 2015 Chevy Sonic.
Since a lot of 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 very important. Usually these limits are identical to your policy’s liability coverage.
Collision coverages – Collision coverage pays to fix your vehicle from damage resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.
Collision coverage protects against claims like hitting a parking meter, driving through your garage door, sideswiping another vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.
Liability insurance – This coverage can cover injuries or damage you cause to people or other property. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see a combined limit which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage pays for things such as medical services, repair bills for other people’s vehicles, funeral expenses, repair costs for stationary objects and bail bonds. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.
The cheapest 2015 Chevy Sonic insurance can be sourced from both online companies in addition to many insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance providers may not offer the ability to get quotes online and these smaller companies provide coverage only through independent agents.
You just learned a lot of techniques to compare 2015 Chevy Sonic insurance rates online. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Consumers may even find the biggest savings come from some of the smallest insurance companies. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.
Much more information about insurance is available on the following sites: