Nobody I know cherishes buying insurance, in particular when they are paying too much. Many insurers compete for your insurance dollar, and because of this it can be hard to compare insurers to discover the definitive lowest price
If you have a current insurance policy or are just looking to switch companies, you will benefit by learning to cut your premiums while maintaining coverages. Choosing the best insurance company for you is quite easy. Drivers just need to learn the best way to shop their coverage around online.
Companies that sell car insurance don’t always advertise all their discounts in an easy-to-find place, so we took the time to find some of the best known as well as the least known discounts you could be receiving. If they aren’t giving you every credit available, you’re just leaving money on the table.
A little note about advertised discounts, most credits do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way.
Insurance companies that may have these discounts include:
It’s a good idea to ask each company which discounts they offer. Savings may not apply in every state.
The most recommended method to compare insurance rates from multiple companies is to know the fact all the major auto insurance companies allow for online access to provide you with a free rate quote. The only thing you need to do is give them some information like what your job is, if the vehicle is leased, if you have an active license, and how old drivers are. Your information is automatically sent to multiple companies and you get price estimates almost instantly.
To compare multiple company rates now, click here and enter your zip code.
Smart consumers have a good feel for the different types of things that play a part in calculating your insurance rates. Understanding what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.
Shown below are some of the factors insurance companies consider when setting prices.
When choosing coverage, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether you might need an agent’s assistance.
If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.
Understanding the coverages of your auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement. Below you’ll find the normal coverages offered by auto insurance companies.
Collision coverages – Collision coverage will pay to fix damage to your Durango resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for claims such as backing into a parked car, colliding with a tree, sustaining damage from a pot hole and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to bump up the deductible to save money on collision insurance.
Liability insurance – This coverage provides protection from injuries or damage you cause to other people or property in an accident. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.
Liability coverage pays for claims such as attorney fees, bail bonds, structural damage, pain and suffering and medical expenses. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.
Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for immediate expenses such as X-ray expenses, surgery, funeral costs, rehabilitation expenses and doctor visits. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage
Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Dodge Durango.
Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.
Comprehensive (Other than Collision) – This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like damage from a tornado or hurricane, a broken windshield and vandalism. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Low-cost 2002 Dodge Durango insurance can be bought from both online companies as well as from independent agentsinsurance , so you should compare both to get a complete price analysis. Some insurance companies don’t offer online price quotes and these smaller companies work with independent agents.
When you buy insurance online, make sure you don’t reduce coverage to reduce premium. There have been many situations where drivers have reduced liability coverage limits only to regret at claim time they didn’t have enough coverage. Your aim should be to buy enough coverage at a price you can afford while still protecting your assets.