Looking for the cheapest car insurance rates for your Buick Regal? Sick and tired of scraping the payment together each month for car insurance? Your situation is no different than many other consumers. There is such a variety of car insurance companies to choose from, and though it is a good thing to have multiple companies, it can be more challenging to find the best rates.
It’s a good habit to compare prices yearly since insurance rates are usually higher with each renewal. If you had the lowest rates for Regal coverage two years ago there may be better deals available now. Ignore everything you know about car insurance because you’re about to find out the fastest and easiest way to buy cheaper car insurance.
Auto insurance companies don’t necessarily list all their discounts in an easy-to-find place, so here is a list some of the best known and also the lesser-known ways to save on auto insurance. If they aren’t giving you every credit you qualify for, you are throwing money away.
Consumers should know that most discounts do not apply to all coverage premiums. Most only apply to specific coverage prices like collision or personal injury protection. Even though it may seem like all those discounts means the company will pay you, auto insurance companies aren’t that generous.
A partial list of companies that possibly offer these discounts may include but are not limited to:
Check with all companies you are considering which discounts you may be entitled to. Discounts might not apply everywhere.
An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for car insurance. Understanding what influences your rates allows you to make educated decisions that will entitle you to much lower annual insurance costs.
The list below includes a few of the “ingredients” companies use to determine prices.
When it comes to buying proper insurance coverage for your vehicles, there is no perfect coverage plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions can aid in determining whether your personal situation would benefit from an agent’s advice.
If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Consumers can’t ignore all the ads for cheaper car insurance by companies like Progressive, Geico, Allstate and State Farm. They all make the same claim about savings after switching to them.
But how can every company claim to save you money?
All the different companies have a preferred profile for the driver that is profitable for them. For instance, a preferred risk might be over the age of 40, has no prior claims, and has a short commute. Any driver that hits that “sweet spot” will qualify for the lowest rates and is almost guaranteed to save when switching.
Potential customers who fall outside the “perfect” profile will be quoted higher rates which usually ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” but not “drivers who get quotes” save money. This is how insurance companies can state the savings. This emphasizes why you should get as many comparisons as possible. You cannot predict which company will fit your personal profile best.
Having a good grasp of your policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. These are typical coverage types found on the average auto insurance policy.
Medical expense insurance
Medical payments and Personal Injury Protection insurance pay for bills such as X-ray expenses, funeral costs, chiropractic care, EMT expenses and pain medications. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Collision protection
Collision coverage covers damage to your Regal resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.
Collision coverage protects against claims like driving through your garage door, scraping a guard rail, hitting a parking meter, sideswiping another vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
Protection from uninsured/underinsured drivers
Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Buick Regal.
Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.
Comprehensive (Other than Collision)
This covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like hitting a bird, theft and fire damage. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Liability auto insurance
This coverage provides protection from damage that occurs to other people or property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.
Liability coverage pays for things like repair bills for other people’s vehicles, bail bonds, court costs and medical expenses. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
Throughout this article, we presented many tips how you can save on 1993 Buick Regal insurance. The most important thing to understand is the more price quotes you have, the better likelihood of reducing your rate. Consumers could even find that the lowest priced car insurance comes from the least-expected company. These companies can often provide lower rates in certain areas than their larger competitors like Geico and State Farm.
As you prepare to switch companies, do not buy poor coverage just to save money. There are too many instances where drivers have reduced comprehensive coverage or liability limits and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to find the BEST coverage at a price you can afford while still protecting your assets.
Much more information about car insurance is available on the following sites: