Sick and tired of robbing Peter to pay Paul each month for car insurance? You are in the same boat as many other consumers.
Numerous auto insurance companies battle for your insurance dollar, and because of this it can be hard to compare car insurance companies and get the best coverage at the best rate
Consumers need to get comparison quotes at least once a year because rates change quite often. Even if you got the best rates on tC insurance a couple years back there is a good chance you can find better rates now. Block out anything you think you know about car insurance because we’re going to demonstrate the fastest way to reduce your cost while improving coverage.
All major auto insurance companies give insurance quotes online. Getting online quotes is fairly simple as you just type in the coverages you want into a form. Behind the scenes, their system automatically retrieves credit information and your driving record and quotes a price based on many factors. Quoting online makes it a lot easier to compare rates but the time it takes to visit many different websites and enter the same data into a form is repetitive and time-consuming. Unfortunately, it is important to compare as many rates as possible if you want to find the best price on auto insurance.
A quicker way to find lower prices makes use of a single form that gets prices from many companies. The form is fast, requires much less work on your part, and makes online shopping much more enjoyable and efficient. Once the form is submitted, your coverage is rated with multiple companies and you can pick your choice of the quotes returned. If a lower price is quoted, you can simply submit the application and purchase the new policy. The whole process can be completed in a matter of minutes and may save quite a bit of money.
To compare rates using this form now, click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend you type in the insurance coverages exactly as shown on your declarations page. This helps ensure you are getting an apples-to-apples comparison using the same coverage and limits.
Auto insurance companies don’t always list every discount in a way that’s easy to find, so the following is a list of some of the best known and the more hidden discounts you could be receiving.
A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like all the discounts add up to a free policy, insurance companies aren’t that generous.
A partial list of companies who might offer some of the above discounts include:
Check with all companies you are considering how you can save money. Discounts might not apply everywhere.
When it comes to choosing the best car insurance coverage, there is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that might help in determining whether or not you might need an agent’s assistance.
If you can’t answer these questions but you think they might apply to your situation, 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
Understanding the coverages of a insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages available from insurance companies.
Collision – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for claims such as sideswiping another vehicle, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.
Medical payments coverage and PIP – Med pay and PIP coverage reimburse you for immediate expenses like rehabilitation expenses, funeral costs, EMT expenses and prosthetic devices. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 2009 Scion tC.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.
Liability auto insurance – Liability coverage protects you from damages or injuries you inflict on other’s property or people. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.
Liability coverage pays for things such as repair bills for other people’s vehicles, loss of income, funeral expenses and medical services. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.
Comprehensive coverage – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for things such as falling objects, damage from flooding and a broken windshield. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.