Are you a victim of an overpriced auto insurance policy? Trust us, there are lots of people in the same boat. You have so many car insurance companies to choose from, and though it is a good thing to have a selection, so many choices can make it hard to compare rates and cut insurance costs.
Smart consumers take time to take a look at other company’s rates at least once a year because insurance rates fluctuate regularly. Just because you found the best deal for Integra coverage six months ago there is a good chance you can find better rates now. You’ll find quite a bit of inaccurate information about auto insurance on the internet, so with this article, you’re going to get a bunch of ideas how to stop overpaying for insurance.
The best way to compare insurance rates from multiple companies utilizes the fact almost all companies provide online access to provide you with a free rate quote. The only thing you need to do is provide a little information such as if it has an alarm system, how much coverage you want, whether you drive to work or school, and your credit rating estimate. That rating data gets sent immediately to multiple top-rated companies and you receive quotes within a short period of time.
Consumers get pounded daily by advertisements for cheaper car insurance from companies such as Allstate and Progressive. They all make the same claim of big savings if you switch your policy.
How does each company make the same claim?
All companies can use profiling for the right customer they prefer to insure. For example, a driver they prefer could possibly be between the ages of 30 and 50, has no driving citations, and has excellent credit. A driver who fits that profile is entitled to the best price and most likely will cut their rates substantially.
Drivers who don’t meet the requirements will be charged a more expensive rate and ends up with the customer not buying. The ads say “drivers who switch” not “people who quote” save that much. That’s the way companies can truthfully advertise the way they do. That is why it is so important to quote coverage with many companies. Because you never know which insurance companies will provide you with the cheapest Acura Integra insurance rates.
Car insurance companies don’t always list every available discount very well, so we break down both the well known and also the lesser-known ways to save on auto insurance. If you don’t get every credit you deserve, you are throwing money away.
Keep in mind that most of the big mark downs will not be given the the whole policy. Most only apply to specific coverage prices like comp or med pay. So despite the fact that it appears you can get free auto insurance, companies wouldn’t make money that way.
Insurance companies who might offer some of the above discounts may include but are not limited to:
It’s a good idea to ask each company how you can save money. Some discounts might not apply in your state.
When choosing the best auto insurance coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions may help highlight whether or not you will benefit from professional help.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with 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. It is quick, free and you can get the answers you need.
Understanding the coverages of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages offered by auto insurance companies.
This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 2001 Acura Integra.
Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
This will pay to fix damage to your Integra resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims such as crashing into a ditch, driving through your garage door, damaging your car on a curb, crashing into a building and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.
This covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against things such as fire damage, vandalism and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Med pay and PIP coverage pay for immediate expenses such as chiropractic care, dental work, EMT expenses and hospital visits. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available and may carry a deductible
This coverage will cover injuries or damage you cause to other people or property in an accident. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.
Liability insurance covers claims such as loss of income, attorney fees and court costs. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.
When trying to cut insurance costs, it’s a bad idea to buy less coverage just to save a little money. In many cases, consumers will sacrifice uninsured motorist or liability limits only to find out that the savings was not a smart move. Your strategy should be to get the best coverage possible for the lowest price while still protecting your assets.
Low-cost 2001 Acura Integra insurance can be found both online in addition to many insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some auto insurance companies do not provide online quoting and many times these small, regional companies only sell through independent insurance agents.