Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me, there are many people just like you. Because you have many companies and agents to choose from, it can be diffult for consumers to find the lowest cost insurer.
Finding affordable coverage is easy if you know what you’re doing. If you have insurance now or need a new policy, you can use these techniques to find better prices and still get good coverage. Drivers only need an understanding of the most efficient way to compare company rates over the internet.
Most companies give price estimates online. Getting quotes is quite simple as you just enter the coverages you want into a form. After the form is submitted, the company’s rating system pulls information on your driving record and credit history and generates a price based on these and other factors. This makes comparing rates easy, but the process of having to visit multiple sites and fill out multiple forms gets old quite quickly. But it is imperative to compare as many rates as possible in order to get better auto insurance pricing.
Rate comparisons made easy
The easiest way to find better auto insurance pricing uses one simple form that analyzes rates from many companies. It saves time, eliminates form submissions, and makes comparison shopping much more enjoyable. Immediately after submitting the form, it is rated with multiple companies and you can pick your choice of the quotes that you receive. If one or more price quotes are lower than your current rates, you can click and sign and buy the policy. The entire process takes just a few minutes to complete and you will find out if you’re overpaying now.
In order to find out what other companies charge, click here to open in new window and begin entering your coverage information. If you have coverage now, it’s recommended you complete the form with the coverage information exactly as shown on your declarations page. Using the same limits helps guarantee you are getting rate comparison quotes using the exact same coverages.
Consumers can’t ignore all the ads that promise big savings from the likes of 21st Century, Allstate and State Farm. All the companies make an identical promise of big savings after switching your coverage to them.
But how can every company claim to save you money?
Insurance companies have a preferred profile for the right customer they prefer to insure. For example, a desirable insured might be profiled as between the ages of 30 and 50, has no tickets, and drives less than 10,000 miles a year. A customer that hits that “sweet spot” will qualify for the lowest rates and most likely will save when they switch companies.
Potential customers who do not match the requirements will be quoted a higher premium and ends up with the driver buying from a lower-cost company. The ads state “customers that switch” not “people who quote” save money. This is how insurance companies can make those claims. This emphasizes why you need to get as many comparisons as possible. You cannot predict which company will give you the biggest savings on Mercury Sable insurance.
Companies don’t always list all their discounts very clearly, so we break down some of the more common and also the lesser-known discounts you could be receiving. If you’re not getting every credit you deserve, you are paying more than you should be.
Drivers should understand that most credits do not apply to your bottom line cost. Most only cut individual premiums such as liability, collision or medical payments. So despite the fact that it appears all the discounts add up to a free policy, car insurance companies aren’t that generous.
To see a list of insurers who offer car insurance discounts, follow this link.
When it comes to choosing the best auto insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every insured’s situation is different so this has to be addressed. For example, these questions can aid in determining whether your personal situation may require specific advice.
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can help protect your family.
Having a good grasp of your policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are typical coverage types available from auto insurance companies.
Coverage for liability
Liability coverage can cover damages or injuries you inflict on people or other property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.
Liability coverage pays for things such as pain and suffering, emergency aid, court costs, repair bills for other people’s vehicles and loss of income. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.
Comprehensive coverage (or Other than Collision)
This covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as damage from getting keyed, theft, damage from a tornado or hurricane and vandalism. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision coverage protection
Collision coverage pays for damage to your Sable caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as crashing into a ditch, hitting a mailbox, sideswiping another vehicle and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercury Sable.
Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.
Insurance for medical payments
Med pay and PIP coverage kick in for immediate expenses for things like ambulance fees, prosthetic devices, EMT expenses and hospital visits. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible
As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, drivers have reduced liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.
We’ve covered many tips how you can lower your 2001 Mercury Sable insurance rates. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. Consumers could even find that the lowest rates come from some of the smallest insurance companies. They can often provide lower rates in certain areas as compared to the big name companies such as Allstate or State Farm.
Much more information about insurance coverage is available at these links: