Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out. There are many car insurance companies to pick from, and even though it’s nice to be able to choose, it makes it harder to find the lowest cost provider.
Choosing the best insurance company for you is not rocket science. If you have a policy now or need a new policy, you will benefit by learning to cut your premiums while maintaining coverages. Drivers just need to learn the most effective way to shop over the internet.
Auto insurance companies do not advertise all their discounts very well, so we break down both the well known and the harder-to-find savings tricks you should be using. If you don’t get every credit you deserve, you’re just leaving money on the table.
Drivers should understand that many deductions do not apply to the entire cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. So even though it sounds like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.
Companies who might offer these discounts include:
Before buying, ask each company what discounts are available to you. Savings may not be available everywhere.
When it comes to buying adequate coverage, there really is no perfect coverage plan. Every insured’s situation is different and your policy should reflect that. For instance, these questions might point out whether or not you could use an agent’s help.
If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.
Consumers get pounded daily by advertisements that promise big savings from the likes of Allstate and Progressive. They all make an identical promise that you can save if you switch your coverage to them.
How does each company make almost identical claims?
Insurance companies have a certain “appetite” for the type of customer that makes them money. An example of a driver they prefer could be over the age of 50, has no driving citations, and has great credit. A driver who meets those qualifications will get the preferred rates and most likely will pay quite a bit less when switching companies.
Drivers who fall outside this ideal profile must pay higher premiums and ends up with the customer not buying. The ad wording is “customers who switch” not “people who quote” save that much money. That’s the way companies can truthfully make the claims of big savings. This illustrates why drivers should quote coverage with many companies. It is impossible to predict which insurance company will have the lowest Jeep Liberty insurance rates.
Learning about specific coverages of your policy helps when choosing which coverages you need for your vehicles. Auto insurance terms can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages found on the average auto insurance policy.
Comprehensive coverages
This covers 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 like damage from a tornado or hurricane, hitting a bird, theft, vandalism and rock chips in glass. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Coverage for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as hospital visits, pain medications and dental work. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Collision protection
This will pay to fix damage to your Liberty from colliding 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 things like backing into a parked car, hitting a mailbox, crashing into a ditch, damaging your car on a curb and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.
Uninsured and underinsured coverage
Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Jeep Liberty.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.
Liability car insurance
Liability insurance protects you from damage that occurs to people or other property in an accident. It 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. Your policy might show limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000.
Liability insurance covers things like court costs, medical services, funeral expenses and medical expenses. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.
Throughout this article, we presented many ways to get a better price on 2002 Jeep Liberty insurance. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. Consumers could even find that the lowest priced insurance coverage comes from a company that doesn’t do a lot of advertising. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.
Discount insurance is possible from both online companies and with local insurance agents, and you should compare price quotes from both so you have a total pricing picture. Some insurance providers do not offer the ability to get a quote online and these small, regional companies work with independent agents.
Much more information about insurance coverage is located below: