Feel like you’re a prisoner to an underperforming, overpriced auto insurance policy? Believe me when I say you’re not alone.
Multiple insurers compete for your business, so it can be very hard to choose a company to find the absolute lowest cost out there.
There are a lot of ways to compare insurance coverage prices but one way is less time-consuming than others. You can waste a few hours (or days) talking to insurance agencies in your area, or you could save time and use online quoting for quick rates.
Most car insurance companies take part in a program that enables customers to send in one quote, and at least one company can provide price quotes determined by their information. This prevents consumers from doing form submissions for each company.
To submit your quote information now, click here to open in new window.
The one disadvantage to pricing coverage this way is you don’t know exactly the companies you want pricing from. If you prefer to choose from a list of companies to receive pricing from, we have a listing of insurance coverage companies in your area. Click to view list.
It’s your choice how you get your quotes, but make darn sure you compare the exact same coverage information on every quote you get. If each company quotes different deductibles you can’t possibly truly determine the lowest rate. Having just a slight variation in coverages may result in large price differences. And when quoting insurance coverage, remember that comparing more company’s prices helps locate a lower rate.
Companies offering auto insurance don’t always list every discount in a way that’s easy to find, so we took the time to find both the well known and also the lesser-known discounts you could be receiving.
Consumers should know that some of the credits will not apply to your bottom line cost. Some only reduce specific coverage prices like medical payments or collision. So when the math indicates you would end up receiving a 100% discount, companies don’t profit that way.
For a list of insurance companies with discount car insurance rates, click here.
Smart consumers have a good feel for the rating factors that come into play when calculating the rates you pay for car insurance. Understanding what impacts premium levels allows you to make educated decisions that may reward you with much lower annual insurance costs.
The list below includes some of the factors companies use to determine rates.
When it comes to choosing adequate coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight if your situation would benefit from professional advice.
If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
Knowing the specifics of your insurance policy can be of help when determining the right coverages for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.
This covers damage to your PT Cruiser caused by collision with an object or car. You first must pay a deductible then your collision coverage will kick in.
Collision insurance covers things like hitting a mailbox, hitting a parking meter and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.
Liability insurance provides protection from damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: 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 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.
Liability coverage pays for things such as medical expenses, emergency aid, bail bonds, attorney fees and legal defense fees. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.
This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims like a tree branch falling on your vehicle, damage from flooding and a broken windshield. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Chrysler PT Cruiser.
Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as chiropractic care, rehabilitation expenses and pain medications. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
We just presented a lot of techniques to get a better price on 2004 Chrysler PT Cruiser insurance. The key concept to understand is the more price quotes you have, the better your comparison will be. You may be surprised to find that the best prices are with the smaller companies. These smaller insurers may only write in your state and offer lower rates than their larger competitors like Geico and State Farm.
When buying insurance coverage, it’s very important that you do not sacrifice coverage to reduce premiums. There are a lot of situations where someone dropped collision coverage and learned later that the savings was not a smart move. Your goal should be to buy the best coverage you can find for the lowest price while still protecting your assets.
Even more information can be found at these sites: