Want lower car insurance rates for your MINI Cooper Clubman? Feel like you’re a prisoner to high-priced car insurance? Believe me, there are lots of people in the same boat. Having so many companies and agents to choose from, it can be impossible to choose the most affordable provider.
Buying car insurance is not rocket science. If you are paying for car insurance now, you should be able to lower your premiums substantially using these methods. Drivers just need to learn how to compare rates online.
There are a lot of ways to compare insurance coverage prices but there is one way that is less time-consuming than others. You can waste hours discussing policy coverages with local insurance agents in your area, or you can stay home and use online quotes to accomplish the same thing much quicker.
Most major companies participate in an industry program where prospective buyers enter their coverage request one time, and every company returns a rated price determined by their information. This prevents consumers from doing quotation requests to every company. To find out how much you’re overpaying now click here (opens in new window).
The only downside to pricing coverage this way is that consumers can’t choose the insurers to get pricing from. If you would rather choose specific providers to request quotes from, we have a page of companies who write insurance coverage in your area. Click here for list of insurance companies.
It’s up to you which method you use, but make sure you use exactly the same information for each price quote. If each company quotes mixed coverages it will be next to impossible to decipher which rate is best.
Companies that sell car insurance don’t necessarily list all their discounts in a way that’s easy to find, so the following is a list of both the well known and the more hidden discounts you could be receiving. If you aren’t receiving every discount you qualify for, you are throwing money away.
It’s important to note that most discounts do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like comp or med pay. Just because you may think it’s possible to get free car insurance, it just doesn’t work that way.
To see a list of companies with discount insurance rates, click here to view.
Consumers need to have an understanding of the factors that go into determining your auto insurance rates. When you know what positively or negatively impacts premium levels helps enable you to make changes that may reward you with big savings.
Listed below are a partial list of the pieces that factor into rates.
When it comes to choosing coverage for your personal vehicles, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions may help highlight if your insurance needs will benefit from professional help.
If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can help protect your family.
Consumers can’t get away from ads for the lowest price auto insurance from the likes of GEICO, State Farm and Progressive. They all seem to make the same claim about savings after switching your coverage to them.
How can each company claim to save you money?
Insurance companies have a certain “appetite” for the type of driver they prefer to insure. For example, a preferred risk could possibly be a mature driver, a clean driving record, and drives less than 10,000 miles a year. Any driver that hits that “sweet spot” will qualify for the lowest rates and as a result will probably save a lot of money.
Consumers who fall outside this ideal profile will have to pay higher rates and this can result in business going elsewhere. The ads say “customers that switch” not “everyone that quotes” save that kind of money. That is how companies can truthfully state the savings. Because of the profiling, it’s extremely important to compare many company’s rates. It’s not possible to predict the company that will give you the biggest savings on MINI Cooper Clubman insurance.
Having a good grasp of a car insurance policy aids in choosing the right coverages and proper limits and deductibles. Car insurance terms can be difficult to understand and coverage can change by endorsement. Shown next are typical coverage types available from car insurance companies.
Collision protection
Collision insurance pays for damage to your Cooper Clubman from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage protects against things like driving through your garage door, crashing into a ditch and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your MINI Cooper Clubman.
Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like rehabilitation expenses, X-ray expenses, ambulance fees, nursing services and dental work. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Liability auto insurance
Liability coverage protects you from injuries or damage you cause to other people or property. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.
Liability coverage has three 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 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.
Liability can pay for claims such as loss of income, structural damage, court costs and pain and suffering. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.
Comprehensive auto coverage
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like a tree branch falling on your vehicle, rock chips in glass, fire damage and hitting a deer. The highest amount a car 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 dropping full coverage.
We just covered a lot of ways to get a better price on 2008 MINI Cooper Clubman insurance. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding lower rates. Drivers may discover the best price on insurance is with a lesser-known regional company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm, GEICO and Nationwide.
Cheap insurance is definitely available online as well as from independent agents, and you need to comparison shop both to have the best rate selection. Some insurance companies don’t offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.
When shopping online for insurance, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many cases where an insured cut uninsured motorist or liability limits and found out when filing a claim they didn’t have enough coverage. The ultimate goal is to buy the best coverage you can find for the lowest price while still protecting your assets.