Are you tired of not being able to afford to pay car insurance each month? You’re in the same situation as many other drivers.
You have so many car insurance companies to insure vehicles with, and although it’s nice to have a selection, lots of choices makes it harder to compare company pricing.
Some insurance providers don’t always advertise every disount available in an easy-to-find place, so the list below details a few of the more well known as well as the least known discounts you could be receiving when you buy insurance coverage online.
Remember that most discounts do not apply to all coverage premiums. The majority will only reduce specific coverage prices like comp or med pay. Even though it appears all the discounts add up to a free policy, insurance companies wouldn’t stay in business. Any amount of discount will definitely reduce the amount you pay for coverage.
Insurance companies that may offer policyholders most of these discounts include:
If you want cheap insurance coverage quotes, ask each company to give you their best rates. Depending on the company, some discounts may not be available in your area. To find insurers who offer free insurance quotes, click here.
When buying the right insurance coverage, there really is not a one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions could help you determine whether your personal situation could use an agent’s help.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.
Learning about specific coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find the usual coverages found on the average insurance policy.
Liability insurance provides protection from damage that occurs to people or other property. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.
Liability coverage protects against things such as pain and suffering, structural damage, attorney fees and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things such as sideswiping another vehicle, colliding with a tree, crashing into a ditch and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.
This covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for claims like vandalism, hitting a bird, damage from flooding, fire damage and hitting a deer. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as rehabilitation expenses, surgery, X-ray expenses and hospital visits. 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 you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family and also any damage incurred to your Volkswagen Beetle.
Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Budget-friendly auto insurance can be bought on the web and with local insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some companies do not provide internet price quotes and these smaller providers work with independent insurance agents.
While you’re price shopping online, it’s not a good idea to sacrifice coverage to reduce premiums. Too many times, drivers have reduced collision coverage only to regret at claim time they didn’t have enough coverage. Your goal should be to get the best coverage possible at a price you can afford but still have enough coverage for asset protection.
More information is available on the following sites: