Are you at wits end from wondering where the money will come from to buy auto insurance? You are in the same boat as the majority of other vehicle owners. Multiple insurers compete for your business, so it can be very hard to choose a insurance company and uncover the absolute lowest cost out there.
Consumers should take time to do price comparisons on a regular basis because auto insurance prices change regularly. Even if you got the best rate for Regal coverage six months ago the chances are good that you can find a lower premium rate today. Forget all the misinformation about auto insurance because you’re about to find out the best methods to properly buy coverages while reducing your premium.
Shopping for lower auto insurance rates can be a lot of work if you don’t know the best way to get rate quotes. You could waste time talking about coverages with agents in your area, or you can stay home and use the web to get the quickest rates.
Many of the larger companies participate in an industry program that allows shoppers to submit one quote, and at least one company can give them a price based on that information. This prevents consumers from doing repetitive form submissions to each company. To submit your quote information now, click to open in new window.
The only drawback to getting quotes like this is you cannot specify the insurers to get quotes from. So if you prefer to choose from a list of companies to compare, we have a page of low cost auto insurance companies in your area. View list of insurance companies.
How you compare quotes is your choice, just make sure you are using exactly the same coverages for every company. If you use different coverage information it will be impossible to decipher which rate is best.
Car insurance companies don’t list every possible discount very well, so we took the time to find some of the best known and the harder-to-find discounts that may be available.
Remember that many deductions do not apply the the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. So even though it sounds like having all the discounts means you get insurance for free, it doesn’t quite work that way.
A few companies that may offer these discounts include:
If you need lower rates, check with every prospective company which discounts you may be entitled to. Savings may not apply to policies everywhere. To choose auto insurance companies with discount auto insurance rates, click here.
When buying the right insurance coverage, there is no best way to insure your cars. Every insured’s situation is different so this has to be addressed. For instance, these questions may help you determine whether you would benefit from an agent’s advice.
If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.
Having a good grasp of a auto insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages available from auto insurance companies.
Liability
This coverage will cover damage that occurs to people or other property by causing an accident. It protects you against claims from other people. It does not cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.
Liability insurance covers claims such as emergency aid, loss of income, bail bonds and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP provide coverage for bills such as pain medications, prosthetic devices, dental work, doctor visits and rehabilitation expenses. They are often utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
Comprehensive insurance
This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against things like theft, a tree branch falling on your vehicle, damage from getting keyed and vandalism. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Buick Regal.
Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.
Collision protection
Collision coverage pays for damage to your Regal from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for things like damaging your car on a curb, sideswiping another vehicle and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. You can also increase the deductible to save money on collision insurance.