Lower Your 2002 Land Rover Range Rover Insurance Rates

I can’t think of a single person who looks forward to paying for car insurance, particularly when they are paying too much.

Lots of insurance companies contend to insure your vehicles, so it’s not easy to compare every company and get the definite best price available.

You should take the time to shop coverage around yearly since insurance rates trend upward over time. Just because you found the best rates for Range Rover insurance on your last policy you can probably find a better price now. Block out anything you think you know about car insurance because you’re about to find out the proper way to lower your rates without sacrificing coverage.

How to Compare Insurance Costs

When shopping for insurance there are multiple ways to compare quotes from insurance companies in your area. The fastest way to find the cheapest 2002 Land Rover Range Rover insurance rates is simply to get online rate quotes. This can be accomplished in a couple of different ways.

  1. The recommended way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This method eliminates the need for repetitive form submissions for each company. One form will get you rate comparisons direct from many companies.
  2. Another way to shop for insurance online requires you to visit the website for every company you want to comare and complete a new quote form. For examples sake, we’ll pretend you want to compare rates from Farmers, Esurance and State Farm. To get rate quotes you would need to visit each site to input your insurance information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
  3. The hardest method to compare rates is driving to different agent offices. Shopping for insurance online makes this process obsolete unless you have a need for the personal advice only provided by licensed agents. However, consumers can price shop online and get advice from an agent in your area. We’ll cover that shortly.

Whichever way you use, ensure you’re using identical quote information for each comparison quote. If you use mixed coverages you will not be able to determine the best price for your Land Rover Range Rover. Just a small difference in limits could mean much higher rates. Just remember that quoting more gives you a better chance of getting lower pricing.

Discounts are great for lower rates

Insurance can be prohibitively expensive, but there could be available discounts that many people don’t even know exist. Most are applied at quote time, but a few must be manually applied before being credited.

  • Sign Early and Save – Some insurance companies reward drivers for switching policies before your current policy expires. It can save you around 10%.
  • Accident Free – Good drivers with no accidents can earn big discounts as compared to drivers who are more careless.
  • Payment Discounts – By paying your policy upfront rather than paying monthly you could save 5% or more.
  • Low Mileage Discounts – Keeping the miles down on your Land Rover could be rewarded with lower rates on the low mileage vehicles.
  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts could save 15% off your PIP or medical payments premium.
  • Save over 55 – If you qualify as a senior citizen, you may be able to get a small decrease in premiums for Range Rover insurance.
  • Memberships – Affiliation with a qualifying organization could trigger savings on your policy for Range Rover insurance.

Consumers should know that some of the credits will not apply to your bottom line cost. Most only cut the cost of specific coverages such as comprehensive or collision. So even though it sounds like you could get a free insurance policy, companies wouldn’t make money that way. Any amount of discount will bring down the cost of coverage.

To see a list of companies who offer insurance discounts, click here to view.

You may need specialized coverage

When choosing the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions can help discover if your insurance needs may require specific advice.

  • Is rental equipment covered for theft or damage?
  • Does my medical payments coverage pay my health insurance deductible?
  • Does my liability insurance cover pulling a trailer or camper?
  • Can I make deliveries for my home business?
  • How do I buy GAP insurance?
  • Should I have a commercial auto policy?
  • Is my 2002 Land Rover Range Rover covered for flood damage?
  • Does having multiple vehicles earn me a discount?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Why your Land Rover Range Rover might be costing you more

It’s important that you understand some of the elements that play a part in calculating the rates you pay for auto insurance. Knowing what influences your rates helps enable you to make changes that will entitle you to better auto insurance rates.

Shown below are a few of the “ingredients” that factor into prices.

  • Where you reside plays a part – Residing in small towns and rural areas can save you money when insuring your vehicles. Drivers in populated areas tend to have traffic congestion and much longer commute distances. Lower population means fewer accidents.
  • Your car’s features help determine rates – Owning a car with anti-theft technology or alarm system can help bring down rates. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent car theft.
  • Liability coverage is cheap – The liability section of your policy is the coverage that protects you in the event that a jury decides you are liable for causing damage or personal injury in an accident. It will provide for a legal defense which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so do not skimp.
  • Pay less after the wedding – Having a wife or husband actually saves money on your auto insurance policy. Marriage usually means you are more mature and responsible and it’s proven that married couples file fewer claims.
  • Lower miles equals lower premium – The more you drive every year the more you will pay for auto insurance. The majority of insurers rate vehicles based upon how you use the vehicle. Vehicles left parked in the garage can get a lower rate compared to those used for work or business. If your policy improperly rates your Range Rover may be costing you. Make sure your auto insurance policy is showing the correct driver usage, because it can save money.
  • Occupation reflects on rates – Occupations such as judges, social workers and dentists tend to pay the highest average rates because of high stress levels and lots of time spent at work. Other jobs such as farmers, historians and the unemployed have the lowest average rates for Range Rover insurance.
  • Policy add-ons can waste money – There are many extra bells and whistles you can purchase on your auto insurance policy. Insurance for rental car reimbursement, better glass coverage and term life insurance may be wasting your money. They may seem good when talking to your agent, but if they’re wasting money eliminate the coverages to reduce your premium.

Educate yourself about insurance coverages

Understanding the coverages of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.

Uninsured/Underinsured Motorist coverage

This gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Land Rover Range Rover.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Frequently these coverages are similar to your liability insurance amounts.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for pain medications, doctor visits and nursing services. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive coverage

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, vandalism, damage from getting keyed and theft. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like rolling your car, scraping a guard rail, sustaining damage from a pot hole, backing into a parked car and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Coverage for liability

This provides protection from damages or injuries you inflict on other people or property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

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 liability limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as structural damage, attorney fees and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Make a quick buck

Cheaper 2002 Land Rover Range Rover insurance is available online in addition to many insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies do not provide online quoting and many times these small insurance companies only sell through independent insurance agents.

As you restructure your insurance plan, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed physical damage coverage to discover at claim time that the small savings ended up costing them much more. Your goal should be to get the best coverage possible at the best price while still protecting your assets.

More detailed auto insurance information can be read at these sites: