I can’t think of anyone who looks forward to buying auto insurance, particularly when the cost is way too high.
Big-name insurance companies like State Farm, Geico and Farmers Insurance all claim big savings, bombarding you with ads and it can be hard to see through the deception and take the time to shop coverage around.
Companies offering auto insurance don’t list all their discounts very well, so we break down some of the best known and also the lesser-known savings tricks you should be using.
As a disclaimer on discounts, many deductions do not apply the the whole policy. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, companies wouldn’t make money that way.
For a list of insurance companies with discount auto insurance rates, follow this link.
When it comes to choosing the right insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For example, these questions can help discover whether or not you may require specific advice.
If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.
Having a good grasp of your auto insurance policy can be of help when determining the right coverages and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring. These are typical coverage types available from auto insurance companies.
Liability coverage provides protection from damage that occurs to other people or property that is your fault. This insurance protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.
Liability can pay for things like medical services, repair bills for other people’s vehicles and medical expenses. How much coverage you buy is a personal decision, but you should buy as much as you can afford.
This pays for damage to your F-350 Super Duty from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for claims such as colliding with a tree, scraping a guard rail, crashing into a building 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. Another option is to raise the deductible to get cheaper collision coverage.
Med pay and PIP coverage kick in for bills such as nursing services, prosthetic devices, chiropractic care and dental work. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims like hitting a deer, damage from flooding, hitting a bird, fire damage and theft. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
This provides protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.
Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.
In this article, we presented many ways to reduce 2002 Ford F-350 Super Duty insurance prices online. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may even discover the most savings is with the least-expected company. They may have significantly lower rates on certain market segments than the large multi-state companies such as Progressive or Geico.
While you’re price shopping online, do not skimp on coverage in order to save money. There have been many situations where someone dropped physical damage coverage only to find out that the small savings ended up costing them much more. Your goal should be to buy the best coverage you can find at the best price while not skimping on critical coverages.
For more information, feel free to browse the articles below: