Have you fallen victim to an underperforming, overpriced auto insurance policy? Trust us, there are many consumers feeling the pinch from expensive auto insurance. You have so many car insurance companies to insure vehicles with, and although it’s nice to have multiple companies, having more insurers makes it harder to find the best rates for your vehicles.
The price of auto insurance can be rather high, but you may find discounts to cut the cost considerably. Certain discounts will be triggered automatically when you quote, but some must be requested specifically before you get the savings. If you don’t get every credit you deserve, you are throwing money away.
It’s important to understand that most discounts do not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, insurance companies aren’t that generous. Any qualifying discounts will bring down your overall premium however.
To see a list of companies with discount insurance rates, click here.
Consumers need to have an understanding of the different types of things that come into play when calculating your insurance rates. Having a good understanding of what impacts premium levels enables informed choices that will entitle you to lower insurance prices.
When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining whether or not you could use an agent’s help.
If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.
Knowing the specifics of your insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverages found on most insurance policies.
This protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Nissan Altima Hybrid.
Since a lot of 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. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.
This coverage protects you from damage or injury you incur to people or other property in an accident. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability can pay for claims like funeral expenses, legal defense fees and structural damage. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.
Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as hitting a bird, hail damage and hitting a deer. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for claims like backing into a parked car, damaging your car on a curb and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.
Coverage for medical payments and/or PIP provide coverage for bills like EMT expenses, rehabilitation expenses, prosthetic devices, funeral costs and hospital visits. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
As you go through the steps to switch your coverage, do not reduce needed coverages to save money. In many instances, someone sacrificed liability limits or collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to buy the best coverage you can find at the best price while not skimping on critical coverages.
The cheapest 2007 Nissan Altima Hybrid insurance can be found from both online companies in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance companies do not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.