Are you overwhelmed by the wide range of insurance coverage choices? You’re not the only one! Drivers have so many options available that it can easily become a challenge to find better rates.
If you currently have a car insurance policy, you should be able to lower your premiums substantially using these tips. Finding affordable insurance coverage coverage is easy if you know what you’re doing. But consumers must know how insurance companies compete online and use this information to your advantage.
Car insurance is not cheap, but you may find discounts to cut the cost considerably. A few discounts will automatically apply when you get a quote, but a few must be specifically requested prior to getting the savings.
It’s important to understand that most credits do not apply to all coverage premiums. Some only apply to individual premiums such as liability and collision coverage. So even though they make it sound like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will help reduce the cost of coverage.
A partial list of companies that may have these money-saving discounts are:
Before buying, ask each company what discounts are available to you. Some discounts might not be offered in your area.
Auto insurance companies such as Allstate and Progressive continually stream television and radio advertisements. They all seem to make an identical promise that you can save after switching your policy. How do they all make almost identical claims? It’s all in the numbers.
Insurance companies are able to cherry pick for the type of driver that earns them a profit. A good example of a preferred risk might be profiled as over the age of 50, has no prior claims, and drives less than 7,500 miles a year. A customer who fits that profile will get very good rates and as a result will probably cut their rates substantially.
Potential customers who do not match the requirements will have to pay a higher premium and this can result in the driver buying from a lower-cost company. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much money. This is how companies can truthfully state the savings.
Because of the profiling, drivers should get a wide range of price quotes. Because you never know which auto insurance company will provide you with the cheapest Honda Civic del Sol insurance rates.
When it comes to choosing adequate coverage, there really is not a one size fits all plan. Every insured’s situation is different.
Here are some questions about coverages that might help in determining if your insurance needs would benefit from professional advice.
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.
Learning about specific coverages of your policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.
Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your 1996 Honda Civic del Sol.
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 a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.
Collision coverages – Collision coverage covers damage to your Civic del Sol from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision can pay for things like colliding with another moving vehicle, colliding with a tree, scraping a guard rail and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like ambulance fees, dental work and chiropractic care. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay
Comprehensive insurance – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like hitting a bird, hail damage and damage from flooding. The maximum amount your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Liability – This coverage provides protection from damages or injuries you inflict on other people or property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.
Liability coverage protects against things such as bail bonds, repair bills for other people’s vehicles and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as high a limit as you can afford.
Discount 1996 Honda Civic del Sol insurance can be found online and with local insurance agents, and you need to price shop both to have the best selection. Some insurance providers do not offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.
Drivers switch companies for many reasons like high prices, not issuing a premium refund, policy non-renewal or delays in responding to claim requests. Regardless of your reason, choosing a new insurance company is not as difficult as it may seem.
As you go through the steps to switch your coverage, don’t be tempted to buy poor coverage just to save money. There have been many situations where consumers will sacrifice liability limits or collision coverage only to regret 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 not skimping on critical coverages.
Additional information can be found below: