Nobody I know looks forward to buying insurance, particularly when the price is too high. There is such a variety of insurance companies to insure vehicles with, and though it is a good thing to have multiple companies, it can be more challenging to compare company pricing.
It’s important to compare prices yearly since insurance rates are constantly changing. Just because you found the lowest price on Cooper insurance last year other companies may now be cheaper. So just forget anything you know (or think you know) about insurance because you’re going to learn the right way to find better rates and still maintain coverage.
Finding affordable coverage is easy if you know what you’re doing. If you have insurance now or are just looking to switch companies, you will benefit by learning to shop for the lowest rates while maintaining coverages. Consumers only need to know the best way to compare price quotes over the internet.
Comparing car insurance rates can take hours if you don’t utilize the fastest way to get free quotes. You can spend your afternoon talking about coverages with local insurance agents in your area, or you could use online quoting for quick rates.
The majority of car insurance companies take part in a program that allows shoppers to enter their policy data once, and each company can give them a price based on that data. This system prevents you from having to do repetitive form submissions to each company.
To use this form to compare 2003 MINI Cooper insurance rates click to open in new window.
The only drawback to pricing coverage this way is you cannot specify the providers to receive prices from. If you would rather choose individual companies to compare rates, we have assembled a list of companies who write car insurance in your area. View list of insurance companies.
Whichever way you use, make darn sure you compare the exact same quote information for each price quote. If you enter different limits and deductibles on each one you can’t possibly determine the best price for your MINI Cooper.
When it comes to choosing proper insurance coverage, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if your insurance needs may require specific advice.
If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.
Knowing the specifics of insurance can be of help when determining appropriate coverage for your vehicles. Insurance terms can be confusing and coverage can change by endorsement. Below you’ll find typical coverages available from insurance companies.
Comprehensive (Other than Collision) – Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as theft, rock chips in glass, falling objects and a broken windshield. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Liability – This coverage protects you from damage or injury you incur to other’s property or people. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability coverage protects against claims like bail bonds, repair bills for other people’s vehicles, medical expenses and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.
Collision – Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like driving through your garage door, backing into a parked car, colliding with a tree, rolling your car and colliding with another moving vehicle. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.
Medical expense insurance – Medical payments and Personal Injury Protection insurance reimburse you for expenses for prosthetic devices, rehabilitation expenses, pain medications and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your MINI Cooper.
Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.