Want lower insurance rates for your MINI Cooper? Did you fall for a flashy sales pitch and buy high-priced insurance? Believe me when I say there are lots of people in the same boat.
Many car insurance companies compete for your business, so it’s not easy to compare every insurance company to get the best rates possible.
If you are paying for car insurance now, you will be able to save some money using these methods. Finding the best rates is not rocket science. But drivers need to learn how insurance companies sell insurance online.
The easiest way to compare insurance rates from multiple companies is to understand most of the larger companies have advanced systems to give rate comparisons. All you need to do is spend a couple of minutes providing details including what you do for a living, how much coverage you want, if the vehicle is leased, and if you have an active license. Your insurance information is instantly provided to insurance carriers in your area and you receive quotes instantly to find the best rate.
Car insurance companies don’t always advertise all their discounts in an easy-to-find place, so we took the time to find both well-publicized and the more hidden car insurance savings.
It’s important to note that many deductions do not apply the the whole policy. Most only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like adding up those discounts means a free policy, it just doesn’t work that way.
For a list of providers with discount car insurance rates, click here to view.
When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different so your insurance should reflect that These are some specific questions can aid in determining whether or not you may require specific advice.
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier
Knowing the specifics of your car insurance policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverages available from car insurance companies.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP pay for immediate expenses like pain medications, rehabilitation expenses, surgery and dental work. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your 2015 MINI Cooper.
Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.
Collision protection
Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for things such as sideswiping another vehicle, driving through your garage door, backing into a parked car, hitting a mailbox and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.
Auto liability insurance
Liability coverage provides protection from damage that occurs to people or other property that is your fault. This coverage protects you from legal claims by others. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.
Liability can pay for things like medical services, court costs and structural damage. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford.
Comprehensive insurance
Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like damage from getting keyed, falling objects, hitting a deer, damage from a tornado or hurricane and hitting a bird. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
As you restructure your insurance plan, it’s not a good idea to buy poor coverage just to save money. There have been many situations where someone sacrificed collision coverage only to regret at claim time they didn’t purchase enough coverage. Your strategy should be to find the BEST coverage at a price you can afford while not skimping on critical coverages.
In this article, we covered some good ideas how to compare 2015 MINI Cooper insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from some of the lesser-known companies. These smaller insurers can often provide lower rates in certain areas than their larger competitors like Progressive or GEICO.