If shopping for auto insurance online is new to you, it’s easy to get overwhelmed by the large number of companies all offering big savings.
All the larger insurance coverage companies such as 21st Century, Allstate and State Farm quote prices for coverage directly from their websites. Getting online quotes is fairly straightforward as you simply enter the amount of coverage you want as requested by the quote form. When complete, their system collects reports for credit and driving violations and generates a price.
Being able to quote online makes comparing rates easy, but having to visit different websites and fill out multiple forms gets old quite quickly. Unfortunately, it is important to do this in order to get the lowest possible prices on insurance coverage.
Isn’t there an easier way to compare rates?
An easier way to find lower prices is to use a quote form that obtains quotes from more than one company. The form is fast, reduces the work, and makes price shopping online much easier. After your information is entered, it gets priced and you can select any of the resulting price quotes. If a lower price is quoted, it’s easy to complete the application and buy the new coverage. The entire process takes less than 15 minutes and you will find out if you’re overpaying now.
To save time and find out what other companies charge, click here to open in a new tab and enter your vehicle and coverage information. If you have a policy now, it’s recommended you type in the coverage information exactly as they are listed on your policy. Doing this assures you’re receiving a price comparison using the exact same coverages.
An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively controls the rates you pay helps enable you to make changes that will entitle you to better auto insurance rates.
Companies that sell car insurance don’t always publicize all available discounts in an easy-to-find place, so we researched both well-publicized as well as the least known discounts you could be receiving.
Consumers should know that some of the credits will not apply to the overall cost of the policy. The majority will only reduce individual premiums such as comprehensive or collision. So despite the fact that it appears having all the discounts means you get insurance for free, you won’t be that lucky.
Companies that may offer these benefits may include but are not limited to:
Double check with all companies you are considering what discounts are available to you. Some discounts may not apply in your area.
When choosing adequate coverage, there really is no one size fits all plan. Everyone’s needs are different.
Here are some questions about coverages that may help highlight if you may require specific advice.
If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, complete this form.
Having a good grasp of your car insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring.
This can cover damage that occurs to other people or property. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.
Liability insurance covers things like repair bills for other people’s vehicles, emergency aid, medical expenses and court costs. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.
Collision coverage covers damage to your Colorado resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision can pay for claims such as crashing into a building, colliding with a tree, colliding with another moving vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.
Med pay and PIP coverage kick in for bills such as rehabilitation expenses, surgery, EMT expenses and X-ray expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible
This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your 2011 Chevy Colorado.
Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.
This covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as a broken windshield, damage from getting keyed and fire damage. The maximum amount your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
People switch companies for a number of reasons such as poor customer service, denial of a claim, policy cancellation and even high prices. Whatever your reason, finding a new insurance coverage company can be easy and end up saving you some money.
As you restructure your insurance plan, do not buy less coverage just to save a little money. There have been many situations where consumers will sacrifice liability coverage limits to discover at claim time they didn’t have enough coverage. The aim is to buy enough coverage at an affordable rate while not skimping on critical coverages.
We just covered quite a bit of information on how to lower your 2011 Chevy Colorado insurance rates. The most important thing to understand is the more providers you compare, the better your chances of lowering your rates. Drivers may discover the best price on insurance coverage is with the smaller companies.