Want cheaper insurance coverage rates for your MINI Cooper? No one in their right mind likes paying for insurance coverage, especially knowing their premiums are through the roof. Companies like Allstate and Progressive continually bombard you with ads and it is difficult to sift through the bull and find the best price available.
It’s a great practice to do rate comparisons yearly since insurance rates tend to go up over time. Just because you found the best deal for Cooper coverage a few years ago a different company probably has better rates today. Forget all the misinformation about insurance coverage because I’m going to let you in on the secrets to how to use online quotes to lower your rates without sacrificing coverage.
Companies don’t necessarily list every available discount in an easy-to-find place, so here is a list some of the best known and the more hidden discounts you could be receiving. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.
A little note about advertised discounts, most discounts do not apply the the whole policy. Most only cut individual premiums such as collision or personal injury protection. Even though it may seem like you can get free auto insurance, it just doesn’t work that way.
A partial list of companies that may have these money-saving discounts include:
Before buying, ask every prospective company what discounts are available to you. Savings may not apply in your state.
When buying the best auto insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Everyone’s situation is a little different so this has to be addressed. For example, these questions might point out if your insurance needs might need an agent’s assistance.
If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and you can get the answers you need.
Learning about specific coverages of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Below you’ll find the usual coverages available from insurance companies.
Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as rock chips in glass, falling objects, hitting a bird and theft. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Uninsured and underinsured coverage – This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your MINI Cooper.
Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Coverage for medical payments – Coverage for medical payments and/or PIP provide coverage for bills for dental work, prosthetic devices, X-ray expenses, doctor visits and ambulance fees. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay
Collision coverages – Collision insurance will pay to fix damage to your Cooper from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims such as colliding with another moving vehicle, backing into a parked car, damaging your car on a curb, sideswiping another vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
Coverage for liability – This coverage will cover damage or injury you incur to other’s property or people. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.
Liability coverage protects against claims like repair costs for stationary objects, structural damage, funeral expenses, repair bills for other people’s vehicles and legal defense fees. How much coverage you buy is your choice, but consider buying as high a limit as you can afford.
In this article, we covered a lot of ways to save on 2009 MINI Cooper insurance. The most important thing to understand is the more times you quote, the better chance you’ll have of finding lower rates. You may be surprised to find that the best prices are with the least-expected company. These smaller insurers can often provide lower rates in certain areas compared to the large companies like State Farm and Allstate.
When you buy insurance online, do not skimp on coverage in order to save money. In many instances, drivers have reduced uninsured motorist or liability limits only to find out they didn’t purchase enough coverage. The ultimate goal is to buy enough coverage at a price you can afford while still protecting your assets.
Low-cost insurance can be sourced on the web and also from your neighborhood agents, and you should be comparing both in order to have the best chance of saving money. Some insurance providers may not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.
Even more information can be found in these articles: