Are you a victim of an overpriced auto insurance policy? Trust us when we tell you there are many people just like you. Big-name insurance companies like Allstate and Progressive promote their brand names with fancy advertisements and it can be hard to ignore the flying pigs and cute green geckos and take the time to shop coverage around.
Auto insurance companies don’t necessarily list all their discounts in an easy-to-find place, so we break down some of the best known and also the lesser-known ways to save on auto insurance. If they aren’t giving you every credit possible, you are paying more than you should be.
Keep in mind that many deductions do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.
To see a list of insurance companies with discount auto insurance rates, click this link.
Finding a better price on insurance coverage can be relatively painless. Drivers just need to invest a little time comparing rates provided by online insurance companies. This is very easy and can be done in a couple of different ways.
For a list of links to companies insuring cars in your area, click here.
Whichever method you choose, make absolute certain that you use apples-to-apples coverage limits and deductibles with every price quote. If you have different liability limits then you won’t be able to decipher which rate is best.
Smart consumers have a good feel for the different types of things that help determine the price you pay for insurance. When you know what positively or negatively influences your rates helps enable you to make changes that can help you get big savings.
The following are a few of the “ingredients” that factor into your rates.
When it comes to buying coverage, there really is no one size fits all plan. Everyone’s needs are different so your insurance should reflect that For instance, these questions could help you determine whether or not you would benefit from professional advice.
If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.
Understanding the coverages of a auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are the normal coverages available from auto insurance companies.
Collision insurance pays for damage to your S-10 Blazer resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as colliding with a tree, crashing into a ditch and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.
Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims like a tree branch falling on your vehicle, vandalism, a broken windshield, damage from flooding and damage from getting keyed. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Chevy S-10 Blazer.
Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.
This protects you from damage or injury you incur to people or other property. This insurance 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. As an example, you may have liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.
Liability insurance covers claims like legal defense fees, medical expenses, bail bonds, emergency aid and repair costs for stationary objects. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like EMT expenses, doctor visits, pain medications and hospital visits. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage
In this article, we covered a lot of information how to get a better price on 2001 Chevy S-10 Blazer insurance. The key concept to understand is the more price quotes you have, the better your comparison will be. Consumers could even find that the most savings is with some of the lesser-known companies. Some small companies may cover specific market segments cheaper compared to the large companies like Allstate, GEICO and Progressive.
When you buy insurance online, never buy less coverage just to save a little money. Too many times, drivers have reduced liability limits or collision coverage to discover at claim time that it was a big mistake. The proper strategy is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.