I can’t think of a single person who gets a kick out of paying for auto insurance, in particular when their premiums are through the roof. Lots of insurers contend to insure your vehicles, and because of this it can be hard to compare insurance companies and uncover the absolute lowest rate possible.
Consumers need to compare premium rates periodically since rates tend to go up over time. Despite the fact that you may have had the best rate for Impreza insurance a couple years back there is a good chance you can find better prices now. Forget all the misinformation about auto insurance because you’re about to find out the only way to find better coverage at a better price.
If you have insurance now or are looking for a new policy, you can follow these tips to shop for the lowest rates while maximizing coverage. Choosing the best insurance company for you is quite easy. Drivers just need to understand the proper methods to compare price quotes online.
Shopping for lower insurance coverage rates can be challenging if you don’t know the most efficient way. You could spend your day talking about coverages with agents in your area, or you can stay home and use the internet to get rate comparisons in just a few minutes.
Many of the larger companies belong to a marketplace where insurance shoppers only type in their quote data once, and each participating company returns a competitive quote based on that information. This eliminates the need for quote forms to each individual insurance coverage company.
To find out how much you’re overpaying now click here to start a free quote.
The one disadvantage to pricing coverage this way is that consumers can’t choose which carriers to get pricing from. So if you want to choose from a list of companies to compare, we have assembled a list of companies who write insurance coverage in your area. Click here to view list.
You can use whichever method you prefer to find lower rates, just ensure you’re using equivalent coverages and limits for each price quote. If the quotes have mixed coverages it will be impossible to determine which company has the best rates.
Companies offering auto insurance don’t list all disounts in a way that’s easy to find, so below is a list a few of the more common and also the more inconspicuous ways to save on car insurance.
Policy discounts save money, but most credits do not apply the the whole policy. Most only reduce the price of certain insurance coverages like comp or med pay. If you do the math and it seems like you would end up receiving a 100% discount, car insurance companies aren’t that generous.
A list of companies and some of the discounts are outlined below.
It’s a good idea to ask every prospective company which discounts they offer. Some credits may not be offered in your area. To locate car insurance companies that offer multiple discounts, click this link.
When it comes to choosing the best car insurance coverage for your personal vehicles, there is no single plan that fits everyone. Everyone’s situation is a little different and your policy should reflect that. For example, these questions can help discover whether your personal situation would benefit from an agent’s advice.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
Learning about specific coverages of insurance aids in choosing the best coverages and proper limits and deductibles. Insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are the normal coverages found on the average insurance policy.
Collision coverage – This coverage will pay to fix damage to your Impreza resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.
Collision insurance covers things such as sideswiping another vehicle, crashing into a ditch, hitting a parking meter, scraping a guard rail and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
Medical expense insurance – Med pay and PIP coverage provide coverage for short-term medical expenses for things like pain medications, rehabilitation expenses, nursing services, dental work and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible
Comprehensive (Other than Collision) – This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things like damage from flooding, a tree branch falling on your vehicle, rock chips in glass and hail damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Coverage for liability – Liability insurance will cover damage that occurs to people or other property by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.
Liability insurance covers things like bail bonds, attorney fees, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as damage to your Subaru Impreza.
Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important. Frequently these limits are identical to your policy’s liability coverage.