2015 Land Rover LR2 Car Insurance Cost

Are you drained from scraping the payment together to keep your car insured? You’re in the same situation as many other drivers.

Many auto insurance companies vie for your insurance dollar, so it’s not easy to compare every provider and get the best coverage at the best price available.

You should make it a habit to get comparison quotes on a regular basis because prices tend to go up over time. Just because you had the best rates on LR2 coverage six months ago there is a good chance you can find better rate quotes now. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to the easiest way to buy cheaper insurance coverage.

If you are paying for car insurance now, you will be able to reduce your rates substantially using these methods. Finding the best rates is not rocket science. But consumers do need to understand how the larger insurance companies sell online because it can help you find the best coverage.

The cheapest auto insurance quotes online

The are a couple different ways of comparing rate quotes from different insurance companies. The easiest way by far to comparison shop consists of obtaining rate quotes online. This is very easy and can be done by using one of the methods below.

  • If you are pressed for time, the simplest way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This form eliminates the need for a different quote for every auto insurance company. In just a few minutes this one form gets coverage cost estimates from all major companies.
  • A less efficient way to find more affordable insurance is to take the time to go to the website for every company you want to comare and request a quote. For example, we’ll assume you need rates from Farmers, Allstate and Travelers. You would need to spend time going to each site individually and repeatedly enter your information, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Whichever way you use, do your best to enter apples-to-apples coverage limits and deductibles for every company. If each company quotes different values for each quote it’s impossible to make a fair comparison for your Land Rover LR2. Quoting even small variations in coverage limits may cause a big price difference. And when quoting auto insurance, remember that comparing more company’s prices helps improve the odds of finding the best offered rates.

Which policy gives me the best coverage?

When it comes to buying coverage for your personal vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions can help discover if you might need professional guidance.

  • Why am I required to get a high-risk car insurance policy?
  • Do I need an umbrella policy?
  • Is rental equipment covered for theft or damage?
  • When should my teen driver be added to my policy?
  • Exactly who is provided coverage by my policy?
  • Can I pay claims out-of-pocket if I buy high deductibles?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Insurance coverage considerations

Knowing the specifics of your policy helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be impossible to understand and coverage can change by endorsement. These are typical coverage types found on the average insurance policy.

Collision coverage protection

This will pay to fix damage to your LR2 resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims like sideswiping another vehicle, colliding with another moving vehicle, driving through your garage door, backing into a parked car and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a deer, damage from a tornado or hurricane, hitting a bird and damage from getting keyed. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and damage to your 2015 Land Rover LR2.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Usually the UM/UIM limits do not exceed the liability coverage limits.

Liability coverages

This coverage provides protection from damage that occurs to people or other property by causing an accident. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims like funeral expenses, repair bills for other people’s vehicles, structural damage and medical expenses. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for expenses for EMT expenses, surgery and funeral costs. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay