2007 Bentley Continental GT Insurance Rates

Want better insurance rates? Drivers have lots of choices when trying to find the lowest priced Bentley Continental GT insurance. You can either spend your time calling around getting price quotes or save time using the internet to find the lowest rates. There is a right way and a wrong way to buy insurance and you need to know the proper way to get price quotes for your Bentley and locate the lowest possible price.

It’s smart to do rate comparisons once or twice a year since rates change quite often. Even if you think you had the best deal for Continental GT coverage on your last policy there may be better deals available now. Forget anything you know (or think you know) about insurance because we’re going to demonstrate one of the quickest ways to properly buy coverages while reducing your premium.

Factors determining your Bentley Continental GT insurance premium

It’s important that you understand the different types of things that come into play when calculating your insurance rates. Understanding what controls the rates you pay allows you to make educated decisions that could result in lower insurance prices.

The list below includes a few of the “ingredients” companies use to determine premiums.

  • Your stress level may be raising your rates – Did you know your insurance rates can be affected by your occupation? Careers like real estate brokers, business owners and accountants are shown to have higher rates than average in part from high stress and lengthy work days. On the flip side, occupations such as scientists, athletes and homemakers pay the least for Continental GT coverage.
  • Do you know your deductibles? – Physical damage deductibles represent how much money you are willing to pay out-of-pocket if you file a covered claim. Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your car. Some instances where coverage would apply are colliding with a building, damage from fire, and rolling your vehicle. The higher the amount you are required to pay out-of-pocket, the lower your rates will be for Continental GT coverage.
  • Frequent insurance claims increase rates – If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Auto insurance companies provide discounts to policyholders who do not rely on their insurance for small claims. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.
  • Consolidate policies to earn discounts – The majority of companies provide better rates to customers who have multiple policies with them such as combining an auto and homeowners policy. This can amount to anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s still a good idea to shop around to make sure you are getting the best deal.

Discounts are basically free money

Companies that sell car insurance don’t necessarily list all available discounts in a way that’s easy to find, so here is a list some of the more common and also the lesser-known ways to save on insurance. If you aren’t receiving every discount you qualify for, you are throwing money away.

  • Discount for Good Grades – This discount can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • Driver’s Ed – Require your teen driver to complete a driver education course if it’s offered in school.
  • Service Members Pay Less – Being deployed with a military unit could mean lower rates.
  • Accident Waiver – A handful of insurance companies will forgive one accident before your rates go up if your claims history is clear for a certain period of time.
  • Low Mileage – Keeping the miles down on your Bentley could qualify for better rates on cars that stay parked.
  • Safe Driver Discount – Drivers who avoid accidents can get discounts for up to 45% lower rates for Continental GT coverage than drivers with accident claims.
  • Life Insurance – Companies who offer life insurance give better rates if you take out a life insurance policy as well.

Consumers should know that some credits don’t apply the the whole policy. Some only reduce specific coverage prices like collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, companies wouldn’t make money that way.

For a list of insurance companies with discount insurance rates, click here to view.

Which insurance is the “right” coverage?

When it comes to buying coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that can help discover if your situation could use an agent’s help.

  • Do I need an umbrella policy?
  • Does coverage extend to my business vehicle?
  • Do I have newly-aquired coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • When should my teen driver be added to my policy?
  • What is the ISO rating for a 2007 Bentley Continental GT?
  • Is my teen driver covered when they drive my company car?
  • Do I need medical payments coverage since I have good health insurance?
  • Are rock chip repairs covered?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and may give you better protection.

Coverages available on your policy

Knowing the specifics of insurance helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like funeral costs, nursing services, EMT expenses, doctor visits and ambulance fees. 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 you and your 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

Collision coverage

This will pay to fix damage to your Continental GT from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like sustaining damage from a pot hole, backing into a parked car, sideswiping another vehicle, crashing into a building and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as fire damage, hitting a deer and a broken windshield. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability insurance

This can cover damage or injury you incur to other people or property that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like legal defense fees, bail bonds, court costs and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured and underinsured coverage

This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your 2007 Bentley Continental GT.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Be a smart shopper

We just presented a lot of information how to get a better price on 2007 Bentley Continental GT insurance. It’s most important to understand that the more times you quote, the better likelihood of reducing your rate. Consumers could even find that the best prices are with a small mutual company.

Discount insurance is possible from both online companies and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. There have been many cases where drivers have reduced full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase plenty of coverage for the lowest price while still protecting your assets.

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