Are you tired of being strong-armed to buy car insurance? Your situation is no different than many other drivers.
Many auto insurance companies vie for your hard-earned dollar, so it can be very hard to choose a provider to discover the definitive lowest rate possible.
It is always a good idea to compare prices yearly because prices fluctuate regularly. Even if you think you had the lowest price on SS coverage a couple years back you may be paying too much now. Starting now, forget anything you know (or think you know) about insurance coverage because you’re about to learn one of the easiest ways to properly buy coverages and cut your premium.
Companies that sell car insurance don’t always publicize all their discounts very clearly, so we took the time to find some of the more common and the harder-to-find ways to save on insurance.
It’s important to understand that some credits don’t apply to all coverage premiums. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like all those discounts means the company will pay you, you’re out of luck.
Insurance companies that may have some of the above discounts include:
It’s a good idea to ask each company what discounts are available to you. All car insurance discounts might not apply in every state.
When it comes to choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Each situation is unique so your insurance needs to address that. These are some specific questions can aid in determining whether or not you would benefit from an agent’s advice.
If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier
Understanding the coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages available from auto insurance companies.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Medical expense insurance – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like ambulance fees, pain medications, EMT expenses, doctor visits and prosthetic devices. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. They cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage
Collision coverages – Collision coverage pays to fix your vehicle from damage resulting from a collision 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 can pay for things like hitting a parking meter, colliding with a tree, driving through your garage door, crashing into a ditch and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.
Comprehensive (Other than Collision) – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like damage from a tornado or hurricane, damage from getting keyed, theft and damage from flooding. The most your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Liability auto insurance – This coverage provides protection from damage or injury you incur to other people or property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.
Liability can pay for claims like pain and suffering, structural damage, legal defense fees, court costs and funeral expenses. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.
As you prepare to switch companies, you should never skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your strategy should be to buy the best coverage you can find for the lowest price while still protecting your assets.
The cheapest 2015 Chevy SS insurance can be bought on the web and with local insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
Much more information about car insurance can be found below: