Sick and tired of paying out the nose each month for car insurance? You are no different than many other drivers.
Having so many choices of insurance companies, it can be challenging to choose the most cost effective provider.
Finding affordable coverage is not rocket science. If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these techniques. Although drivers must learn how insurance companies sell online.
Companies that sell car insurance don’t necessarily list all available discounts in an easy-to-find place, so we took the time to find some of the more common and the more hidden discounts you could be receiving.
Consumers should know that most discounts do not apply to all coverage premiums. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like it’s possible to get free car insurance, companies don’t profit that way.
To see a list of providers who offer insurance coverage discounts, click this link.
When it comes to choosing the best insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every situation is different so this has to be addressed. For example, these questions can help discover if your situation would benefit from an agent’s advice.
If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.
Having a good grasp of your policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are typical coverage types found on the average car insurance policy.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Jaguar XF.
Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.
Collision can pay for things like backing into a parked car, crashing into a ditch and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.
Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as dental work, X-ray expenses and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage
Liability – This coverage can cover damage that occurs to other’s property or people in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for 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 values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.
Liability coverage protects against things like funeral expenses, emergency aid and pain and suffering. How much coverage you buy is a personal decision, but consider buying higher limits if possible.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as damage from a tornado or hurricane, vandalism, fire damage and a tree branch falling on your vehicle. The most a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
The cheapest 2011 Jaguar XF insurance can be found online and also from your neighborhood agents, so you should compare both in order to have the best chance of saving money. Some car insurance companies may not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
When you buy insurance online, it’s very important that you do not reduce coverage to reduce premium. Too many times, someone sacrificed collision coverage only to find out that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the best price, not the least amount of coverage.