Trying to find cheaper auto insurance rates for your Bentley Mulsanne? People not familiar with buying insurance online will discover shopping for low-cost auto insurance is harder than they anticipated.
It’s a good habit to do rate comparisons quite often because insurance rates fluctuate regularly. Just because you found the lowest price for Mulsanne insurance a few years ago a different company probably has better rates today. So just forget anything you know (or think you know) about auto insurance because I’m going to teach you one of the best ways to find better rates and still maintain coverage.
Insuring your fleet can be pricey, but there could be available discounts that can drop the cost substantially. Most are applied when you complete an application, but less common discounts must be asked for in order for you to get them.
Consumers should know that many deductions do not apply the the whole policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think adding up those discounts means a free policy, companies wouldn’t make money that way. Any qualifying discounts will cut your overall premium however.
Companies who might offer these benefits may include but are not limited to:
Check with each company which discounts you may be entitled to. Some discounts might not apply everywhere.
Companies like State Farm and Allstate continually stream ads in print and on television. All the ads make an identical promise about savings after switching your coverage to them. How do they all make the same claim?
Different companies can use profiling for the right customer that makes them money. A good example of a profitable customer might be between 30 and 50, insures multiple vehicles, and has a high credit rating. A customer who fits that profile will get very good rates and therefore will cut their rates substantially.
Drivers who don’t measure up to this ideal profile will be quoted higher premiums and ends up with business going elsewhere. The ad wording is “drivers who switch” but not “drivers who get quotes” save money. That’s the way companies can truthfully advertise the way they do.
This emphasizes why it’s extremely important to quote coverage with many companies. It is impossible to predict which company will provide you with the cheapest Bentley Mulsanne insurance rates.
When choosing proper insurance coverage, there is no “perfect” insurance plan. Every situation is different.
For instance, these questions might help in determining if your insurance needs would benefit from an agent’s advice.
If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form.
Understanding the coverages of your policy helps when choosing appropriate coverage and proper limits and deductibles. Auto insurance terms can be impossible to understand and reading a policy is terribly boring.
Coverage for liability – This coverage can cover damage that occurs to people or other property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability insurance covers things like repair costs for stationary objects, bail bonds, funeral expenses, attorney fees and pain and suffering. How much coverage you buy is up to you, but buy as high a limit as you can afford.
Collision coverage – This covers damage to your Mulsanne resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like rolling your car, crashing into a building, colliding with another moving vehicle and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.
Uninsured and underinsured coverage – This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your 2014 Bentley Mulsanne.
Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are similar to your liability insurance amounts.
Coverage for medical payments – Med pay and PIP coverage kick in for short-term medical expenses such as surgery, chiropractic care, dental work, prosthetic devices and pain medications. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay
Comprehensive coverages – This coverage covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as hitting a deer, damage from getting keyed, vandalism, hail damage and damage from flooding. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
While you’re price shopping online, never buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped physical damage coverage only to find out that the savings was not a smart move. The aim is to get the best coverage possible at a price you can afford while still protecting your assets.
Drivers change insurance companies for a number of reasons such as questionable increases in premium, policy cancellation, unfair underwriting practices and not issuing a premium refund. It doesn’t matter why you want to switch finding a new insurance company is pretty simple and you could end up saving a buck or two.
We’ve covered a lot of ways to save on 2014 Bentley Mulsanne insurance. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even find the lowest premiums are with a company that doesn’t do a lot of advertising.