Price shopping your insurance can seem to be a challenge for consumers not familiar with comparison shopping online. People have so many companies to choose from that it can be a real hassle to locate the lowest price.
Car insurance is not cheap, but there are discounts available that you may not even be aware of. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be specially asked for before you will receive the discount.
Drivers should understand that most discounts do not apply the the whole policy. Some only reduce specific coverage prices like comprehensive or collision. Just because you may think you can get free auto insurance, companies wouldn’t make money that way. Any amount of discount will help reduce your premiums.
Insurance companies who might offer these benefits are:
It’s a good idea to ask all companies you are considering which discounts you may be entitled to. All car insurance discounts might not be offered in every state.
Consumers need to have an understanding of the factors that play a part in calculating the price you pay for auto insurance. Knowing what influences your rates helps enable you to make changes that can help you get much lower annual insurance costs.
Shown below are a partial list of the pieces that factor into your rates.
When choosing coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different.
For example, these questions can aid in determining whether or not you would benefit from professional advice.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form.
Understanding the coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. Insurance terms can be confusing and even agents have difficulty translating policy wording.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage pay for expenses for doctor visits, nursing services, dental work, ambulance fees and chiropractic care. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible
Comprehensive coverage (or Other than Collision)
This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like hitting a deer, hail damage, damage from flooding, rock chips in glass and a tree branch falling on your vehicle. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Uninsured Motorist or Underinsured Motorist insurance
This coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 2014 Ford F-350 Super Duty.
Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Collision insurance
Collision insurance covers damage to your F-350 Super Duty caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things such as sideswiping another vehicle, colliding with a tree, hitting a parking meter, crashing into a ditch and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also bump up the deductible to get cheaper collision coverage.
Auto liability
Liability insurance protects you from damage or injury you incur to people or other property. It protects YOU from claims by other people. Liability doesn’t cover 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. As an example, you may have limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage protects against claims like loss of income, funeral expenses, structural damage, repair bills for other people’s vehicles and medical services. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.
Consumers leave their current company for a number of reasons such as extreme rates for teen drivers, denial of a claim, being labeled a high risk driver and high rates after DUI convictions. It doesn’t matter why you want to switch finding the right auto insurance provider is not as difficult as it may seem.
Cost effective 2014 Ford F-350 Super Duty insurance can be sourced on the web and with local insurance agents, and you should be comparing both to get a complete price analysis. Some companies do not offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.
When you buy insurance online, make sure you don’t skimp on coverage in order to save money. There are many occasions where drivers have reduced liability coverage limits only to regret that their decision to reduce coverage ended up costing them more. The aim is to buy a smart amount of coverage for the lowest price.