I can’t think of a single person who cherishes buying insurance coverage, in particular when they are paying too much. Popular companies such as GEICO and Progressive increase brand awareness with ads and consumers find it hard to see through the deception and effectively compare rates to find the best deal.
If you have a current car insurance policy or are just looking to switch companies, you can use these techniques to find better prices while maintaining coverages. Finding the best rates is not that difficult. Drivers only need an understanding of the most effective way to compare company rates on the web.
All the larger auto insurance companies provide prices for coverage online. Obtaining pricing is fairly simple as you just enter your personal and coverage information into a form. After you submit the form their system collects reports for credit and driving violations and gives you a price quote. This streamlines rate comparisons, but the process of having to visit a lot of sites and enter the same data into a form is monotonous and tiresome. Unfortunately, it is important to compare as many rates as possible in order to find lower prices.
A less time-consuming method to find better auto insurance pricing makes use of a single form to get prices from a bunch of companies at once. It’s a real time-saver, eliminates form submissions, and makes online shopping much more efficient. Immediately after submitting the form, it gets priced with multiple companies and you can pick your choice of the resulting price quotes. If one or more price quotes are lower than your current rates, you simply finish the application and purchase the new policy. The entire process takes less than 15 minutes and you will know how your current rates stack up.
To quickly compare rates now, simply click here to open in new window and enter your vehicle and coverage information. If you currently have coverage, we recommend you type in your coverages just like they are on your policy. Doing this assures you will have an apples-to-apples comparison based on identical coverages.
Auto insurance companies do not list all their discounts in an easy-to-find place, so we break down some of the more common and the harder-to-find ways to save on car insurance. If they aren’t giving you every credit you qualify for, you are paying more than you should be.
A little note about advertised discounts, most discounts do not apply to the entire cost. A few only apply to individual premiums such as medical payments or collision. So even though it sounds like you can get free auto insurance, car insurance companies aren’t that generous.
Companies that may have these benefits include:
Double check with each insurance company how you can save money. Discounts may not apply everywhere.
When it comes to choosing the best insurance coverage, there is no single plan that fits everyone. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that might help in determining if you might need an agent’s assistance.
If you can’t answer these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and you can get the answers you need.
An important part of buying insurance is that you know the factors that help determine your insurance coverage rates. Having a good understanding of what determines base rates allows you to make educated decisions that may reward you with better insurance coverage rates.
The following are a partial list of the pieces companies use to determine rates.
Drivers can’t get away from ads for cheaper car insurance from companies such as State Farm and Allstate. All the ads have a common claim that you’ll save big after switching your policy.
How can each company say the same thing?
Insurance companies can use profiling for the driver that makes them money. A good example of a desirable insured might be a mature driver, a clean driving record, and drives less than 7,500 miles a year. Any driver who meets those qualifications is entitled to the best price and as a result will probably save when they switch companies.
Potential insureds who are not a match for the requirements will have to pay higher rates and this can result in business going elsewhere. Company advertisements say “people who switch” but not “drivers who get quotes” save money. That’s why insurance companies can confidently make those claims. Because of the profiling, it is so important to compare as many rates as you can. It’s just too difficult to predict which company will fit your personal profile best.
Understanding the coverages of a auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. These are the normal coverages available from auto insurance companies.
Collision insurance
Collision coverage will pay to fix damage to your LR2 resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things like scraping a guard rail, damaging your car on a curb, hitting a parking meter and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.
Uninsured/Underinsured Motorist (UM/UIM)
This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Land Rover LR2.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Comprehensive insurance
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as hail damage, falling objects and a tree branch falling on your vehicle. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Med pay and Personal Injury Protection (PIP)
Med pay and PIP coverage kick in for expenses such as prosthetic devices, rehabilitation expenses and nursing services. They are utilized in addition to your health insurance program or if you lack health insurance entirely. It covers you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Liability coverages
Liability insurance protects you from damage or injury you incur to other’s property or people in an accident. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000.
Liability can pay for claims like emergency aid, legal defense fees and structural damage. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.
Lower-priced 2014 Land Rover LR2 insurance is possible both online in addition to many insurance agents, and you need to comparison shop both to have the best selection. Some companies do not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.
As you restructure your insurance plan, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many cases where someone dropped liability limits or collision coverage only to discover later that it was a big mistake. Your aim should be to buy the best coverage you can find for the lowest price while still protecting your assets.
Much more information about insurance coverage can be read at the links below