Nobody I know enjoys paying for insurance, in particular when the price is too high.
Having so many insurance providers from which to choose, it is very difficult to pick the best insurance company.
The best way to compare insurance rates from multiple companies utilizes the fact car insurance companies participate in a system to provide you with a free rate quote. All you need to do is provide a little information like if you have an active license, the type of vehicles you drive, how your vehicles are used, and whether you are married. The data is sent automatically to insurance companies and they return rate quotes immediately.
To compare multiple company rates now, click here and enter your zip code.
The price of auto insurance can be rather high, but discounts can save money and there are some available to help offset the cost. Larger premium reductions will be automatically applied when you purchase, but some may not be applied and must be asked about prior to receiving the credit.
As a disclaimer on discounts, most discount credits are not given to the entire policy premium. Most only cut the price of certain insurance coverages like medical payments or collision. Just because it seems like all those discounts means the company will pay you, it just doesn’t work that way. Any amount of discount will reduce the cost of coverage.
Companies that may offer these benefits include:
Check with every prospective company how you can save money. Some discounts may not be available everywhere.
When choosing the best insurance coverage coverage, there isn’t really a “best” method to buy coverage. Everyone’s needs are different so this has to be addressed. For instance, these questions might help in determining whether you might need professional guidance.
If you’re not sure about those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.
It’s important that you understand some of the elements that come into play when calculating auto insurance rates. When you know what positively or negatively determines base rates helps enable you to make changes that could result in much lower annual insurance costs.
The list below includes a partial list of the pieces that factor into premiums.
Having a good grasp of car insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. These are typical coverage types found on most car insurance policies.
Liability car insurance – This coverage provides protection from injuries or damage you cause to other’s property or people. This coverage protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage protects against claims such as repair costs for stationary objects, loss of income and medical expenses. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.
Collision coverage – This coverage will pay to fix damage to your Sportage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims such as hitting a parking meter, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.
Medical payments and PIP coverage – Med pay and PIP coverage kick in for short-term medical expenses such as funeral costs, nursing services, rehabilitation expenses, surgery and EMT expenses. They can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Kia Sportage.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally the UM/UIM limits are set the same as your liablity limits.
Comprehensive auto coverage – Comprehensive insurance coverage will pay to fix 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 protects against things such as falling objects, hitting a deer and rock chips in glass. 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 it’s probably time to drop comprehensive insurance.
Low-cost 2013 Kia Sportage insurance can be purchased online and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.
While you’re price shopping online, don’t be tempted to skimp on critical coverages to save a buck or two. In many cases, an insured dropped physical damage coverage only to regret that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase a proper amount of coverage for the lowest price while still protecting your assets.
Throughout this article, we presented many ideas to save on insurance. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. You may even find the lowest rates come from the smaller companies. They may cover specific market segments cheaper compared to the large companies like Progressive or Geico.
More tips and info about auto insurance is located at these sites: