Nobody I know looks forward to buying auto insurance, especially when their premiums are through the roof.
With consumers having so many auto insurance companies to choose from, it’s nearly impossible to find the cheapest insurer.
Car insurance companies don’t necessarily list all their discounts in an easy-to-find place, so we researched some of the best known and also the lesser-known insurance savings.
Drivers should understand that most discount credits are not given to the entire cost. A few only apply to individual premiums such as comprehensive or collision. Just because it seems like you could get a free insurance policy, it just doesn’t work that way.
To see a list of companies with the best insurance discounts, click this link.
When choosing the best insurance coverage, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions might point out whether you might need an agent’s assistance.
If you can’t answer these questions but one or more may apply to you then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area.
Knowing the specifics of your policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverages offered by insurance companies.
UM/UIM Coverage – Your UM/UIM coverage gives you protection from other drivers 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 Oldsmobile Aurora.
Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important.
Collision coverages – Collision insurance will pay to fix damage to your Aurora resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision can pay for claims like driving through your garage door, hitting a mailbox, crashing into a building and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.
Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for expenses for X-ray expenses, EMT expenses, doctor visits and hospital visits. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible
Comprehensive or Other Than Collision – This pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like theft, damage from getting keyed and damage from flooding. The highest amount your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Liability car insurance – Liability coverage protects you from injuries or damage you cause to a person or their property in an accident. It protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability can pay for claims such as bail bonds, medical services 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.
As you restructure your insurance plan, don’t be tempted to sacrifice coverage to reduce premiums. There are many occasions where an accident victim reduced comprehensive coverage or liability limits only to regret that the few dollars in savings costed them thousands. The aim is to find the BEST coverage at the best price while still protecting your assets.
The cheapest 2002 Oldsmobile Aurora insurance is attainable online as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance providers don’t offer online quoting and most of the time these regional insurance providers sell through independent agents.
To learn more, link through to the following helpful articles: