Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us, you’re not alone.
There is such a variety of insurance companies to buy insurance from, and though it is a good thing to be able to choose, too many choices makes it more difficult to find the best rates for your vehicles.
The purpose of this post is to help educate you on the best way to quote coverages and some tips to save money. If you currently have car insurance, you will most likely be able to save some money using this strategy. Nevertheless, car owners do need to know the way companies determine prices and apply this information to your search.
To find the best insurance coverage prices, there are several ways to compare rate quotes and find the best price. The best method to compare 2013 Chevy Express Cargo insurance prices is to perform an online rate comparison. This can be done in a couple of different ways.
The first (and easiest) way to find low rates is a comparison rater form like this one (opens in new window). This method saves time by eliminating repetitive form entry for each company you want a rate for. Just one form will return price quotes from many national carriers.
A more time consuming way to obtain and compare quotes online requires you to visit the website of each company and request a quote. For instance, let’s say you want rates from GEICO, 21st Century and Liberty Mutual. To get each rate you have to go to every website and enter your information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
The hardest way of comparing rate quotes is to drive around to different agent offices. Buying insurance online can eliminate the need for a local agent unless you prefer the professional advice of a licensed agent. You can, however, price shop your coverage online and get advice from an agent in your area and you’ll learn how to do that later.
It’s up to you how you get prices quotes, just ensure you are comparing identical coverage limits for each price quote. If you are comparing different limits and deductibles on each one it’s not possible to make an equal comparison. Just a small difference in insurance coverages can make a big difference in price. And when comparison shopping, comparing a large number of companies will improve the odds of getting a lower rate.
Car insurance can cost a lot, but there are discounts available to reduce the price significantly. Some trigger automatically at the time of quoting, but some must be asked about before you will receive the discount.
A little note about advertised discounts, most discount credits are not given the the whole policy. Most only cut individual premiums such as collision or personal injury protection. So when the math indicates you could get a free insurance coverage policy, it doesn’t quite work that way. Any qualifying discounts will bring down your premiums.
Insurance companies that may have these benefits are:
Double check with every prospective company what discounts are available to you. Savings may not be available in every state.
An important part of buying insurance is that you know some of the elements that go into determining your car insurance rates. Knowing what controls the rates you pay empowers consumers to make smart changes that may reward you with much lower annual insurance costs.
Listed below are a few of the “ingredients” used by your company to calculate rates.
When it comes to choosing adequate coverage, there really is no one size fits all plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that can help discover whether you would benefit from an agent’s advice.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area.
Having a good grasp of insurance helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types available from insurance companies.
This pays for damage to your Express Cargo resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for things such as scraping a guard rail, rolling your car, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to increase the deductible to bring the cost down.
Liability coverage will cover damage that occurs to a person or their property by causing an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.
Liability can pay for things like attorney fees, legal defense fees and repair costs for stationary objects. How much coverage you buy is your choice, but buy higher limits if possible.
This coverage pays for damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things such as a tree branch falling on your vehicle, fire damage and a broken windshield. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Chevy Express Cargo.
Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Coverage for medical payments and/or PIP pay for immediate expenses like funeral costs, EMT expenses, dental work, X-ray expenses and nursing services. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
When trying to cut insurance costs, it’s very important that you do not skimp on critical coverages to save a buck or two. There are too many instances where an accident victim reduced collision coverage only to regret at claim time that they should have had better coverage. Your strategy should be to buy the best coverage you can find at the best price while not skimping on critical coverages.
We just presented quite a bit of information on how to compare 2013 Chevy Express Cargo insurance prices online. The key thing to remember is the more you quote, the higher your chance of finding lower rates. Drivers may discover the lowest rates come from a small local company. Some small companies may cover specific market segments cheaper as compared to the big name companies such as State Farm, GEICO and Nationwide.