No one in their right mind likes having to buy car insurance, particularly when their premiums are too high. Because you have many companies to choose from, it can be challenging to locate the right provider.
The purpose of this article is to help you learn how car insurance quotes work and some tips to save money. If you are paying for car insurance now, you will be able to save some money using these techniques. Drivers just need to know the proper way to shop for insurance coverage on the web.
The price of auto insurance can be rather high, buy you may qualify for discounts to cut the cost considerably. A few discounts will automatically apply at the time you complete a quote, but a few need to be specially asked for prior to getting the savings. If you’re not getting every credit you qualify for, you’re paying more than you need to.
It’s important to note that some of the credits will not apply to your bottom line cost. Most only apply to individual premiums such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, auto insurance companies aren’t that generous. Any amount of discount will help reduce the amount you have to pay.
For a list of companies with discount auto insurance rates, follow this link.
There are a variety of methods to compare 2000 Ford Explorer insurance prices and some are easier and takes less work. You can spend countless hours discussing policy coverages with local insurance agents in your area, or you can stay home and use the web to get rate comparisons in just a few minutes.
Most of the larger companies participate in a marketplace where insurance shoppers only type in their quote data once, and every company then gives them pricing based on that information. This prevents consumers from doing quote requests to every company.
To compare 2000 Ford Explorer rates using this form now click here to start a free quote.
The one downside to using this type of system is that you can’t choose the providers you will receive quotes from. So if you prefer to pick specific insurance companies to compare, we have a listing of insurance companies in your area. Click here to view list.
It doesn’t matter which method you choose, just be sure to compare apples-to-apples deductibles and coverage limits with every price quote. If you compare different deductibles you will not be able to make a fair comparison for your Ford Explorer.
When it comes to buying coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help you determine if your situation will benefit from professional help.
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.
Learning about specific coverages of your auto insurance policy can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages available from auto insurance companies.
Liability auto insurance
This provides protection from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.
It consists of 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 total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.
Liability insurance covers things such as funeral expenses, legal defense fees and repair bills for other people’s vehicles. How much coverage you buy is your choice, but buy as high a limit as you can afford.
Uninsured/Underinsured Motorist coverage
This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2000 Ford Explorer.
Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Medical payments coverage and PIP
Med pay and PIP coverage provide coverage for expenses for things like surgery, rehabilitation expenses, doctor visits, chiropractic care and pain medications. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay
Collision insurance
This coverage covers damage to your Explorer from colliding with an object or car. A deductible applies and then insurance will cover the remainder.
Collision can pay for claims like colliding with another moving vehicle, damaging your car on a curb and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.
Comprehensive coverage
This pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as a tree branch falling on your vehicle, damage from flooding and vandalism. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
When buying insurance coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. There are a lot of situations where consumers will sacrifice physical damage coverage and found out when filing a claim that the small savings ended up costing them much more. Your goal should be to buy a smart amount of coverage at the best price while still protecting your assets.
You just learned some good ideas how to lower your 2000 Ford Explorer insurance rates. The key thing to remember is the more you quote, the higher the chance of saving money. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising. They may cover specific market segments cheaper than their larger competitors like Allstate and Progressive.
Budget-conscious insurance can be found from both online companies and also from your neighborhood agents, and you should be comparing both to have the best chance of lowering rates. Some insurance companies may not provide online quoting and these small insurance companies work with independent agents.
More detailed insurance information is available at these sites: