Have you had enough of trying to scrape together enough money each month for car insurance? Your situation is no different than many other consumers.
You have multiple insurance companies to choose from, and although it’s a good thing to have a selection, lots of choices makes it harder to get the best deal.
Car insurance companies don’t list every available discount very well, so here is a list both well-publicized and the harder-to-find ways to save on insurance coverage.
Keep in mind that most discounts do not apply to all coverage premiums. Most cut individual premiums such as comprehensive or collision. So even though they make it sound like having all the discounts means you get insurance for free, it just doesn’t work that way.
Car insurance companies that may offer these discounts include:
It’s a good idea to ask all companies you are considering how you can save money. Discounts may not apply everywhere.
There are several ways to compare Pontiac Torrent car insurance prices but there is one way that is less labor-intensive and much quicker. You could waste a few hours discussing policy coverages with insurance companies in your area, or you can utilize online quotes to get prices fast.
All the larger companies enroll in a system where prospective buyers send in one quote, and each company returns a rated price based on that data. This saves time by eliminating repetitive form submissions for every car insurance company.
To get comparison pricing now click here (opens in new window).
The single downside to pricing coverage this way is buyers cannot specifically choose the companies you want to price. So if you want to select specific insurance companies to compare, we have a listing of the cheapest car insurance companies in your area. Click here to view list.
It’s your choice how you get your quotes, but ensure you are comparing exactly the same information for every quote you compare. If you use higher or lower deductibles you will not be able to make a fair comparison for your Pontiac Torrent. Quoting even small variations in coverages can make a big difference in price. Just keep in mind that quoting more helps locate the best offered rates.
An important part of buying insurance is that you know the rating factors that help determine insurance coverage rates. Understanding what determines base rates enables informed choices that may reward you with better insurance coverage rates.
The following are some of the factors insurance coverage companies consider when setting rates.
When buying the right insurance coverage for your vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions can aid in determining whether you would benefit from an agent’s advice.
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier
Allstate and Progressive continually stream ads in print and on television. All the companies make an identical promise about savings after switching to their company. How does each company say the same thing?
All the different companies have a preferred profile for the type of customer they prefer to insure. A good example of a preferred risk could possibly be over the age of 40, has no tickets, and has a short commute. Any driver who matches those parameters receives the best rates and therefore will pay quite a bit less when switching companies.
Potential customers who fall outside the “perfect” profile will have to pay a higher premium which leads to business not being written. Company advertisements say “customers who switch” but not “drivers who get quotes” save that much. This is how insurance companies can confidently make those claims. Because of the profiling, you absolutely need to get as many comparisons as possible. It’s not possible to predict which insurance companies will have the lowest Pontiac Torrent insurance rates.
Knowing the specifics of your insurance policy helps when choosing appropriate coverage for your vehicles. Insurance terms can be confusing and nobody wants to actually read their policy. Listed below are typical coverages found on the average insurance policy.
Comprehensive insurance – This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things such as damage from getting keyed, hail damage, hitting a deer, vandalism and a tree branch falling on your vehicle. The maximum payout you’ll receive from a 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.
Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Pontiac Torrent.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.
Liability coverage – Liability coverage protects you from damages or injuries you inflict on other’s property or people. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability coverage pays for things such as loss of income, funeral expenses and court costs. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.
Collision coverage – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like rolling your car, sustaining damage from a pot hole, colliding with another moving vehicle and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like doctor visits, rehabilitation expenses, prosthetic devices, nursing services and surgery. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay
Discount 2007 Pontiac Torrent insurance is possible from both online companies and with local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance coverage companies do not offer online price quotes and many times these small insurance companies only sell through independent insurance agents.
When trying to cut insurance costs, never buy less coverage just to save a little money. There have been many cases where an accident victim reduced full coverage and found out when filing a claim that the small savings ended up costing them much more. The proper strategy is to find the BEST coverage at an affordable rate, not the least amount of coverage.
To learn more, link through to these articles: