Scraping up a payment for overpriced Ford Crown Victoria insurance can overdraw your savings account and make it impossible to make ends meet. Comparing price quotes is free and is an excellent way to cut your insurance bill. There are many auto insurance companies to pick from, and although it’s nice to have a selection, having more insurers makes it harder to find the best rates.
The fastest way that we advise to compare rates is to know the fact all the major auto insurance companies provide online access to compare rate quotes. To begin a comparison, all you need to do is provide a small amount of information such as deductibles desired, if the vehicle is leased, if your license is active, and your job. Your information gets transmitted to insurance carriers in your area and you get price estimates within a short period of time.
Insuring your vehicles can cost a lot, but there are discounts available to cut the cost considerably. Some trigger automatically when you quote, but a few must be manually applied prior to getting the savings. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.
As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Some only apply to individual premiums such as liability and collision coverage. So when it seems like it’s possible to get free car insurance, it just doesn’t work that way. But all discounts will bring down the amount you have to pay.
Car insurance companies that may offer some of the above discounts may include but are not limited to:
It’s a good idea to ask all companies you are considering how you can save money. Some discounts may not apply everywhere.
When choosing proper insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions can aid in determining if your situation may require specific advice.
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking 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’s fast, doesn’t cost anything and can help protect your family.
Having a good grasp of your policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types found on the average car insurance policy.
Comprehensive coverage
Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as rock chips in glass, damage from flooding and hitting a deer. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like dental work, funeral costs, ambulance fees and doctor visits. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Coverage for liability
Liability insurance will cover damage that occurs to people or other property that is your fault. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage pays for things like repair bills for other people’s vehicles, structural damage, loss of income and medical services. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.
Collision protection
This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as colliding with a tree, crashing into a ditch and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to raise the deductible in order to get cheaper collision rates.
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Ford Crown Victoria.
Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.