Having to pay for overpriced insurance coverage can take a big chunk out of your savings account and make it hard to pay other bills. Doing a price comparison is free and is an excellent way to reduce premiums and put more money in your pocket. Drivers have so many insurance companies to buy insurance from, and although it’s nice to have a choice, it makes it harder to get the best deal.
Buying car insurance is not that difficult. If you have a policy now or are shopping for new coverage, you can learn to cut your premiums and still get good coverage. Consumers just need to know the best way to shop their coverage around online.
Smart consumers have a good feel for the factors that help determine the rates you pay for car insurance. Knowing what determines base rates allows you to make educated decisions that will entitle you to big savings.
The best way to get rate comparisons is to know the fact most insurance companies will pay a fee to give you rate quotes. The only thing you need to do is provide a small amount of information like level of coverage desired, an estimate of your credit level, which vehicles you own, and if you have an active license. That rating data is automatically sent to multiple car insurance providers and they return rate quotes instantly.
Auto insurance companies don’t always list all available discounts in an easy-to-find place, so we took the time to find both well-publicized and the harder-to-find ways to save on insurance coverage. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.
A little note about advertised discounts, most discounts do not apply the the whole policy. Some only apply to the cost of specific coverages such as comp or med pay. So when the math indicates you could get a free insurance coverage policy, companies wouldn’t make money that way.
Insurance companies that may offer these benefits may include but are not limited to:
Check with every prospective company which discounts they offer. Some discounts may not apply in your state.
When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions can aid in determining if your situation could use an agent’s help.
If you don’t know the answers to these questions, then you may want to think about talking 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’s fast, free and can help protect your family.
Having a good grasp of your insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverage types offered by insurance companies.
Collision – Collision coverage will pay to fix damage to your PT Cruiser resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers things like scraping a guard rail, sustaining damage from a pot hole, crashing into a building and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.
Insurance for medical payments – Coverage for medical payments and/or PIP kick in for immediate expenses like dental work, doctor visits and surgery. They are utilized in addition to your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Liability insurance – Liability coverage can cover damage that occurs to other people or property that is your fault. This insurance 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. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.
Liability coverage pays for things like medical expenses, loss of income, attorney fees, medical services and repair costs for stationary objects. How much coverage you buy is your choice, but you should buy as large an amount as possible.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things like vandalism, a broken windshield, damage from getting keyed and fire damage. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Uninsured Motorist or Underinsured Motorist insurance – This gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.
When you buy insurance online, it’s a bad idea to reduce needed coverages to save money. In many instances, an insured cut full coverage only to regret that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage for the lowest price.
Cheap 2006 Chrysler PT Cruiser insurance can be bought both online in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance companies do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.