Sick and tired of not being able to afford each month for car insurance? You are no different than many other drivers. Because there are so many insurance providers from which to choose, it is hard for the average consumer to pick the right car insurance company.
It’s a good habit to check insurance coverage prices every six months because rates trend upward over time. If you had the best price on Taurus coverage last year other companies may now be cheaper. Forget anything you know (or think you know) about insurance coverage because you’re about to learn one of the easiest ways to buy cheaper insurance coverage.
Comparing auto insurance rates can be exhausting if you don’t know the fastest way to get free quotes. You could spend your day discussing policy coverages with local insurance agents in your area, or you could save time and use online quotes for quick rates.
Many insurance companies belong to an insurance system where insurance shoppers submit one quote, and every company then returns a price quote based on that data. This saves time by eliminating quote forms to each company.
To find out how much you’re overpaying now click here to start a free quote.
The one disadvantage to using this type of form is you cannot specify the providers to get quotes from. So if you prefer to choose from a list of companies to compare, we have a page of companies who write auto insurance in your area. Click here to view list.
It’s up to you which method you use, but be sure to compare exactly the same coverages with every price quote. If your comparisons have higher or lower deductibles it’s not possible to truly determine the lowest rate.
Car insurance is not cheap, but discounts can save money and there are some available that you may not know about. Some discounts apply automatically when you complete an application, but lesser-known reductions have to be specifically requested before you get the savings. If you’re not getting every credit possible, you’re paying more than you need to.
A little note about advertised discounts, most credits do not apply to the entire cost. Most only reduce specific coverage prices like medical payments or collision. So despite the fact that it appears you can get free auto insurance, you won’t be that lucky. Any amount of discount will help reduce your overall premium however.
Insurance companies that may offer these money-saving discounts include:
Double check with each company which discounts they offer. Discounts might not be offered in your area.
It’s important that you understand the rating factors that go into determining your insurance rates. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
When it comes to choosing the best insurance coverage, there isn’t really a single plan that fits everyone. Each situation is unique and your policy should reflect that. For instance, these questions can help discover if you would benefit from an agent’s advice.
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.
Drivers can’t ignore all the ads for cheaper car insurance from companies such as Allstate and Progressive. They all have a common claim that you can save after switching your policy.
How can each company say the same thing? It’s all in the numbers.
All the different companies can use profiling for the right customer that is profitable for them. A good example of a profitable customer could possibly be between 30 and 50, insures multiple vehicles, and drives less than 10,000 miles a year. Any driver that hits that “sweet spot” will get the preferred rates and therefore will pay quite a bit less when switching companies.
Potential customers who don’t measure up to the requirements will be quoted higher prices which leads to business going elsewhere. The ads say “customers that switch” not “everyone that quotes” save that much money. This is how companies can truthfully claim big savings.
This emphasizes why you absolutely need to compare as many rates as you can. It’s impossible to know which auto insurance company will give you the biggest savings on Ford Taurus insurance.
Knowing the specifics of insurance can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverages offered by insurance companies.
Uninsured/Underinsured Motorist coverage
This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.
Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.
Liability insurance
This will cover damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount without having the split limit caps.
Liability coverage pays for things such as emergency aid, court costs and structural damage. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.
Collision protection
This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like hitting a mailbox, driving through your garage door, backing into a parked car, crashing into a building and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.
Comprehensive coverage
Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like hitting a deer, vandalism, damage from getting keyed, damage from flooding and a broken windshield. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Medical payments coverage and PIP
Med pay and PIP coverage reimburse you for expenses such as prosthetic devices, nursing services, dental work, chiropractic care and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Cheap 2004 Ford Taurus insurance can be found from both online companies as well as from independent agents, and you should be comparing both so you have a total pricing picture. Some companies don’t offer online quoting and many times these small, regional companies only sell through independent insurance agents.
As you restructure your insurance plan, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase plenty of coverage at the best price while not skimping on critical coverages.
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