Did you fall for a flashy sales pitch and buy an underperforming, overpriced insurance coverage policy? Trust us, you’re not alone. There are many car insurance companies to buy insurance from, and although it’s a good thing to have multiple companies, it can be more challenging to find the lowest rates.
Finding affordable coverage is easy if you know what you’re doing. If you have a current auto insurance policy or need new coverage, you can use this information to find the best rates and still get good coverage. Drivers just need to understand how to buy auto insurance online.
Getting a cheaper price on 2012 Chevy Sonic insurance can be relatively painless. All that’s required is to spend a little time comparing price quotes online with multiple companies. This is very easy and can be done in several different ways.
To view a list of companies in your area, click here.
Whichever way you use, compare exactly the same coverages and limits for each price quote. If you use unequal deductibles or liability limits it will be very difficult to decipher which rate is best.
Smart consumers have a good feel for some of the elements that play a part in calculating auto insurance rates. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that may reward you with better auto insurance rates.
Companies don’t always publicize all available discounts in a way that’s easy to find, so we break down some of the more common and also the lesser-known discounts you could be receiving. If you aren’t receiving every discount possible, you’re just leaving money on the table.
A little note about advertised discounts, some of the credits will not apply to the entire cost. Some only reduce individual premiums such as physical damage coverage or medical payments. So when the math indicates having all the discounts means you get insurance for free, it just doesn’t work that way.
To see a list of insurance companies offering auto insurance discounts, follow this link.
When choosing the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions may help highlight whether your personal situation would benefit from professional advice.
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, free and can provide invaluable advice.
Understanding the coverages of your auto insurance policy aids in choosing the best coverages for your vehicles. Auto insurance terms can be confusing and coverage can change by endorsement. Listed below are the normal coverages found on most auto insurance policies.
Uninsured/Underinsured Motorist (UM/UIM)
This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chevy Sonic.
Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.
Collision coverage protection
Collision insurance will pay to fix damage to your Sonic caused by collision 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 can pay for things such as colliding with another moving vehicle, backing into a parked car, crashing into a ditch and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.
Med pay and Personal Injury Protection (PIP)
Med pay and PIP coverage kick in for short-term medical expenses such as ambulance fees, hospital visits, funeral costs, dental work and pain medications. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible
Comprehensive insurance
Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things like damage from flooding, vandalism, hitting a bird, hitting a deer and hail damage. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Liability insurance
Liability coverage can cover damage that occurs to a person or their property by causing an accident. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.
Liability coverage protects against things like funeral expenses, repair costs for stationary objects and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.
We just showed you a lot of information how to compare 2012 Chevy Sonic insurance prices online. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding lower rates. Consumers could even find that the lowest rates come from an unexpected company. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as Geico and State Farm.
When you buy insurance online, it’s a bad idea to reduce coverage to reduce premium. There are many occasions where an accident victim reduced liability coverage limits and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible at the best price while still protecting your assets.
Additional car insurance information can be read on the following sites: