Feel like you’re a prisoner to an underperforming, overpriced car insurance policy? Trust us, there are many consumers feeling the pinch from expensive car insurance.
You have multiple auto insurance companies to pick from, and although it’s a good thing to have a choice, so many choices can make it hard to find the lowest rates.
Finding the best rates is not that difficult. Basically, every driver who is required by state law to have insurance coverage will most likely be able to find lower rates. Although car owners need to have an understanding of how the larger insurance companies market on the web and apply this information to your search.
Consumers need to have an understanding of the factors that go into determining your insurance coverage rates. Understanding what determines base rates helps enable you to make changes that could result in big savings.
Comparing car insurance rates can take time and effort if you don’t utilize the easiest way. You could waste time discussing policy coverages with local insurance agents in your area, or you can utilize online quotes to accomplish the same thing much quicker.
Most car insurance companies take part in a program where prospective buyers submit their information once, and each participating company returns a competitive quote. This saves time by eliminating quote forms for each company. To find out how much you can save on car insurance click here (opens in new window).
One minor caviat to pricing coverage this way is you can’t choose which insurance companies to receive prices from. So if you prefer to choose specific providers for rate comparison, we have assembled a list of low cost car insurance companies in your area. Click here for list of insurance companies.
Whichever method you choose, compare the exact same coverage information with each company. If you have mixed coverages it will be impossible to determine the best price for your Saturn VUE. Slightly different coverage limits may cause a big price difference. Keep in mind that getting more free quotes provides better odds of finding better pricing.
Companies offering auto insurance do not list all their discounts in a way that’s easy to find, so here is a list some of the more common as well as the least known discounts you could be receiving.
It’s important to note that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to individual premiums such as comprehensive or collision. So despite the fact that it appears you can get free auto insurance, you’re out of luck.
Companies that may have these money-saving discounts include:
Before buying, ask each company which discounts they offer. Savings may not be available in every state.
When it comes to buying coverage for your personal vehicles, there really is not a cookie cutter policy. Everyone’s needs are different so your insurance should reflect that For example, these questions could help you determine if your insurance needs could use an agent’s help.
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area.
Having a good grasp of a insurance policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverage types found on most insurance policies.
Protection from uninsured/underinsured drivers
This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like doctor visits, hospital visits, nursing services and funeral costs. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover you and your occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage
Comprehensive (Other than Collision)
Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as damage from a tornado or hurricane, damage from getting keyed and hail damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Coverage for liability
Liability coverage protects you from damage that occurs to a person or their property that is your fault. It protects you against other people’s claims. It does not 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. You might see policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.
Liability coverage protects against things like structural damage, bail bonds, repair costs for stationary objects and medical expenses. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.
Collision protection
This coverage covers damage to your VUE from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like sideswiping another vehicle, colliding with a tree, driving through your garage door, crashing into a ditch and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.
Discount 2005 Saturn VUE insurance can be bought both online and also from your neighborhood agents, so compare prices from both to get a complete price analysis. Some insurance providers may not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
We just presented many ways to get a better price on insurance. The key concept to understand is the more times you quote, the higher your chance of finding lower rates. You may even find the best price on auto insurance is with a small local company. Smaller companies may cover specific market segments cheaper compared to the large companies like Allstate and Progressive.
Additional detailed information can be read in the articles below: