I can’t think of anyone who enjoys paying for insurance coverage, in particular when the cost is way too high.
Insurance companies such as Geico, Farmers Insurance and State Farm all claim big savings, bombarding you with catchy ads and it is challenging if not impossible to ignore the promise of big savings and find the best price available.
Most companies such as 21st Century, Allstate and State Farm quote coverage price quotes on their websites. Getting online quotes is pretty painless as you just type in the coverages you want as requested by the quote form. Behind the scenes, their rating system automatically retrieves your driving record and credit report and gives you a price quote. Quoting online makes comparing rates easy, but the process of having to visit several different sites and enter the same data into a form can be a bit tiresome and repetitive. But it’s very important to perform this step if you want to find lower prices.
A less time-consuming method to compare car insurance pricing uses one simple form that gets price quotes from a bunch of companies at once. It saves time, requires much less work on your part, and makes online shopping much simpler. As soon as the form is sent, your coverage is rated with multiple companies and you can pick any or none of the pricing results. If the quotes result in lower rates, you can click and sign and buy the policy. The whole process takes 15 minutes at the most and you will know how your current rates stack up.
If you want to find out how much you can save on car insurance, click here and input your coverage information. If you have a policy now, it’s recommended you complete the form with the insurance coverages exactly as they are listed on your policy. Doing this assures you will have comparison quotes for similar insurance coverage.
When it comes to buying proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Every situation is different and your policy should reflect that. These are some specific questions can help discover if your situation will benefit from professional help.
If you can’t answer these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Having a good grasp of auto insurance can be of help when determining which coverages you need and proper limits and deductibles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverage types found on the average auto insurance policy.
Collision coverages – Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for claims such as scraping a guard rail, damaging your car on a curb and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.
Liability car insurance – Liability coverage protects you from damage that occurs to a person or their property. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability coverage protects against things like repair costs for stationary objects, medical services, funeral expenses and emergency aid. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.
Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 1994 Toyota T100.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Comprehensive coverages – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like hitting a deer, a tree branch falling on your vehicle and theft. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Coverage for medical payments – Med pay and PIP coverage pay for immediate expenses for doctor visits, hospital visits, prosthetic devices and nursing services. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to 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 is not universally available and gives slightly broader coverage than med pay