Are you a victim of an underperforming, overpriced car insurance policy? Trust us, there are many people just like you. Drivers have multiple insurers to purchase coverage from, and although it’s nice to have multiple companies, it makes it harder to compare rates and cut insurance costs.
It’s a good habit to check car insurance prices occasionally because prices are variable and change quite frequently. Despite the fact that you may have had the lowest price for New Beetle coverage six months ago a different company probably has better rates today. Block out anything you think you know about car insurance because you’re about to find out the tricks you need to know to eliminate unnecessary coverages and save money.
Buying car insurance is easy if you know what you’re doing. If you have insurance now or need new coverage, you can learn to shop for the lowest rates while maintaining coverages. Consumers just need to know the tricks to shop for auto insurance online.
An important part of buying insurance is that you know the factors that come into play when calculating car insurance rates. Understanding what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.
The quickest method we recommend to compare insurance rates in your area is to realize most insurance companies have advanced systems to provide you with a free rate quote. To start a quote, the only thing you need to do is give the companies some data such as how your vehicles are used, how much coverage you want, if the vehicle is leased, and whether or not you need a SR-22. Your information is then submitted to multiple auto insurance providers and they respond with quotes instantly.
Drivers can’t ignore all the ads for cheaper car insurance from companies such as State Farm, Allstate and Geico. All the ads have a common claim about savings if you move your policy.
But how can every company say the same thing?
All the different companies have a certain “appetite” for the type of customer that earns them a profit. A good example of a desirable insured might be profiled as over the age of 40, insures multiple vehicles, and has great credit. Any new insured who matches those parameters will get very good rates and most likely will cut their rates substantially.
Consumers who don’t measure up to the “perfect” profile will be quoted higher rates and this can result in business not being written. The ad wording is “customers that switch” not “everybody who quotes” save that much. That is how insurance companies can advertise the savings. This emphasizes why drivers must compare as many rates as you can. It’s not possible to predict which insurance companies will give you the biggest savings on Volkswagen New Beetle insurance.
Companies that sell car insurance do not list every discount in a way that’s easy to find, so we break down some of the more common and the harder-to-find ways to save on car insurance. If you aren’t receiving every discount you deserve, you are paying more than you should be.
Keep in mind that many deductions do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as comprehensive or collision. Even though it may seem like you could get a free car insurance policy, companies don’t profit that way.
For a list of providers with discount car insurance rates, click here to view.
When buying the best insurance coverage, there really is not a single plan that fits everyone. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining if your situation will benefit from professional help.
If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.
Having a good grasp of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverage types available from insurance companies.
Liability insurance provides protection from damages or injuries you inflict on other people or property. It protects YOU against other people’s claims. Liability doesn’t 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. You might see limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.
Liability coverage pays for things such as structural damage, bail bonds and pain and suffering. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.
Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like a broken windshield, damage from getting keyed, theft, damage from flooding and falling objects. The maximum amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Uninsured or underinsured coverage
This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 2010 Volkswagen New Beetle.
Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Medical expense coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like surgery, ambulance fees, nursing services and hospital visits. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible
Collision coverage covers damage to your New Beetle from colliding with an object or car. A deductible applies and then insurance will cover the remainder.
Collision insurance covers claims such as hitting a parking meter, scraping a guard rail, sideswiping another vehicle, crashing into a building and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also increase the deductible to get cheaper collision coverage.
When shopping online for insurance coverage, it’s not a good idea to buy poor coverage just to save money. Too many times, an insured dropped uninsured motorist or liability limits only to discover later that they should have had better coverage. Your aim should be to find the BEST coverage at a price you can afford.
You just learned many ways to save on 2010 Volkswagen New Beetle insurance. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. Drivers may discover the biggest savings come from some of the lesser-known companies. These smaller insurers can often insure niche markets at a lower cost than the large multi-state companies such as Geico and State Farm.
For more information, take a look at these articles: