Looking for lower auto insurance rates for your Mercury Topaz? Overwhelmed by the wide range of auto insurance options? Lot’s of other consumers are too. There are so many options available that it can turn into a real challenge to compare prices.
Consumers need to get comparison quotes on a regular basis since insurance rates tend to go up over time. Even if you think you had the best price for Topaz insurance last year you will most likely find a better rate today. Block out anything you think you know about auto insurance because you’re about to learn the quickest way to reduce your cost while improving coverage.
If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using this strategy. Shopping for the lowest cost protection is simple if you know the tricks. But car owners benefit from understanding how insurance companies price online insurance and use this information to your advantage.
All the larger car insurance companies such as Progressive, Allstate and Geico give coverage prices on their websites. Getting quotes is pretty painless as you just enter the amount of coverage you want into the quote form. After the form is submitted, the company’s rating system makes automated requests for your driving and credit reports and provides a quote.
Quoting online streamlines rate comparisons, but the work required to visit multiple sites and fill out multiple forms can be a bit repetitive. But it’s very important to get many rate quotes in order to get better prices.
Quote rates the easy way
The easiest way to locate the lowest prices uses one simple form to obtain quotes from a lot of companies. It saves time, helps eliminate reptitive entry, and makes online quotes much simpler. As soon as the form is sent, your coverage is rated and you can choose any or none of the quote results.
If the quotes result in lower rates, you simply finish the application and buy the new coverage. It only takes a few minutes and can result in significant savings.
To save time and find out how much you can save on car insurance, click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you replicate the insurance coverages identical to your current policy. This way, you will have a fair comparison using the same coverage and limits.
Properly insuring your vehicles can get expensive, but companies offer discounts to reduce the price significantly. A few discounts will automatically apply at the time of quoting, but lesser-known reductions have to be asked about prior to getting the savings.
It’s important to understand that some of the credits will not apply to the overall cost of the policy. Some only apply to specific coverage prices like comp or med pay. So even though it sounds like it’s possible to get free car insurance, companies wouldn’t make money that way. Any qualifying discounts will reduce the cost of coverage.
To see a list of providers offering insurance coverage discounts, click here.
When buying the right insurance coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is a little different.
These are some specific questions can help discover if you would benefit from professional advice.
If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form.
Knowing the specifics of a insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.
Comprehensive coverage
Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as damage from a tornado or hurricane, damage from flooding, theft and a tree branch falling on your vehicle. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP reimburse you for expenses for things like hospital visits, X-ray expenses, chiropractic care and prosthetic devices. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Collision insurance
This will pay to fix damage to your Topaz caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as damaging your car on a curb, driving through your garage door and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Liability car insurance
Liability insurance will cover damage that occurs to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit which provides one coverage limit without having the split limit caps.
Liability can pay for things like structural damage, repair bills for other people’s vehicles, bail bonds, pain and suffering and court costs. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.