Feel like you’re a prisoner to an overpriced insurance policy? Believe me when I say you are not the only one feeling buyer’s remorse. Many insurers compete for your insurance dollar, and because of this it can be hard to compare insurers and uncover the absolute lowest price
All major insurance companies like State Farm, Allstate and Geico allow you to get coverage prices on the web. The process is fairly straightforward as you just enter your coverage information into a form. After you submit the form the system collects information on your driving record and credit history and returns a price quote based on many factors. This makes it a lot easier to compare rates but the work required to visit multiple sites and fill out multiple forms can get tiresome after awhile. But it’s very important to do this in order to find better prices.
A more efficient way to locate the lowest prices requires only one form that gets prices from many companies. This type of form saves time, eliminates form submissions, and makes online quotes much more efficient. After your information is entered, it gets priced and you can select any of the quote results. If a lower price is quoted, you can click and sign and purchase the new policy. The entire process only takes a few minutes and can result in significant savings.
To get comparison pricing now, click here and enter your vehicle and coverage information. If you currently have coverage, we recommend you copy coverages and limits identical to your current policy. This ensures you will have a fair comparison for the exact same coverage.
Car insurance companies do not list all their discounts in an easy-to-find place, so here is a list both the well known and the harder-to-find discounts you could be receiving. If they aren’t giving you every credit you qualify for, you are paying more than you should be.
A little note about advertised discounts, most discounts do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like medical payments or collision. So even though it sounds like you could get a free insurance coverage policy, it just doesn’t work that way.
For a list of insurance companies offering insurance coverage discounts, click this link.
When it comes to buying coverage, there really is not a “perfect” insurance plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that could help you determine whether or not you would benefit from professional advice.
If it’s difficult to answer those questions, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It is quick, free and may give you better protection.
Consumers need to have an understanding of the rating factors that play a part in calculating the rates you pay for insurance coverage. Understanding what influences your rates allows you to make educated decisions that could result in lower insurance coverage prices.
Shown below are some of the factors companies use to determine premiums.
Knowing the specifics of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average insurance policy.
Collision – Collision insurance will pay to fix damage to your SSR caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.
Collision insurance covers claims such as rolling your car, hitting a mailbox, crashing into a building and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.
Liability coverage – This coverage can cover damage or injury you incur to other people or property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.
Liability can pay for claims like funeral expenses, repair costs for stationary objects and court costs. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.
Comprehensive coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like vandalism, damage from getting keyed, falling objects and rock chips in glass. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Uninsured/Underinsured Motorist coverage – This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Chevy SSR.
Since 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 a good idea.
Medical payments coverage and PIP – Coverage for medical payments and/or PIP reimburse you for immediate expenses for surgery, pain medications and doctor visits. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
We covered many ideas to lower your 2004 Chevy SSR insurance rates. The key concept to understand is the more you quote, the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from a small mutual company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate, Geico and Progressive.
Cheap insurance is definitely available online and also from your neighborhood agents, so compare prices from both so you have a total pricing picture. Some companies may not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.
More tips and info about insurance coverage can be read in these articles: