I can’t think of a single person who looks forward to buying car insurance, in particular when their premiums are too high.
Many insurers vie for your hard-earned dollar, and because of this it can be hard to compare insurance companies to get the lowest rate possible.
Insurance can cost an arm and a leg, but there could be available discounts to reduce the price significantly. Certain discounts will be triggered automatically when you purchase, but less common discounts must be specifically requested before they will apply.
Keep in mind that most credits do not apply to the overall cost of the policy. Some only reduce individual premiums such as comprehensive or collision. So when it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way. But all discounts will bring down the cost of coverage.
To see a list of insurers with discount auto insurance rates, follow this link.
When choosing the best car insurance coverage for your personal vehicles, there is no single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. For example, these questions could help you determine whether your personal situation might need professional guidance.
If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area.
Companies like State Farm, Geico and Progressive consistently run ads on television and other media. All the ads have a common claim that you’ll save big if you change to their company. But how can every company claim to save you money? This is how they do it.
All the different companies have a certain “appetite” for the driver that makes them money. For example, a desirable insured could be between the ages of 30 and 50, has no prior claims, and has a short commute. A propective insured who matches those parameters receives the best rates and therefore will cut their rates substantially.
Potential insureds who don’t qualify for the “perfect” profile must pay higher rates which leads to business not being written. The ads say “people who switch” not “people who quote” save that kind of money. That’s why companies can make the claims of big savings.
This illustrates why drivers should get a wide range of price quotes. It is impossible to predict the company that will fit your personal profile best.
Knowing the specifics of a auto insurance policy aids in choosing the best coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average auto insurance policy.
This coverage pays for damage to your Navigator caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims like scraping a guard rail, colliding with a tree and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.
Med pay and PIP coverage kick in for bills like X-ray expenses, chiropractic care, ambulance fees and dental work. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover both the driver and occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage
Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your 2010 Lincoln Navigator.
Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
This pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like theft, vandalism and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
This will cover damages or injuries you inflict on a person or their property. It protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as repair costs for stationary objects, repair bills for other people’s vehicles and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.
Low-cost 2010 Lincoln Navigator insurance is attainable on the web in addition to many insurance agents, so compare prices from both in order to have the best price selection to choose from. Some insurance providers do not provide online price quotes and most of the time these small, regional companies sell through independent agents.
When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that they should have had better coverage. The aim is to buy a smart amount of coverage at a price you can afford while still protecting your assets.
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