Sick and tired of paying out the nose to insure your Honda every month? You are in the same boat as many other consumers. Lots of car insurance companies contend for your insurance dollar, so it’s not easy to compare every company and get the best coverage at the best rate
It’s a good habit to do price comparisons quite often because prices change quite often. Just because you found the best price for Fit insurance a few years ago the chances are good that you can find a lower rate quote today. There is a lot of wrong information about insurance coverage on the web, but I’m going to show you some of the best techniques to stop overpaying for insurance.
The quickest way to compare car insurance company rates is to take advantage of the fact most of the larger companies participate in online systems to provide you with free rate quotes. All you need to do is spend a couple of minutes providing details like your occupation, if you lease or own, if you require a SR-22, and coverage limits. The data gets transmitted to many highly-rated insurers and they respond with quotes instantly to find the best rate.
To start a rate quote now, click here and enter the information requested.
Not many people think insurance is cheap, but there could be significant discounts that could drop your premiums quite a bit. Certain reductions will be credited at quote time, but once in a while a discount must be specially asked for before they will apply.
As a sidenote, some of the credits will not apply to all coverage premiums. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like you can get free auto insurance, companies don’t profit that way.
Some companies who may offer most of these discounts may include but are not limited to:
When quoting, ask every prospective company which discounts you qualify for. Some discounts listed above may not apply to policies in your area.
When it comes to buying the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions can help discover if your insurance needs may require specific advice.
If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.
Learning about specific coverages of your policy can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement. These are typical coverages found on the average auto insurance policy.
Liability coverages – Liability insurance will cover damage or injury you incur to people or other property that is your fault. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.
Liability can pay for claims like court costs, legal defense fees, medical services and funeral expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.
Comprehensive auto coverage – Comprehensive insurance coverage pays for 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 coverage protects against claims such as damage from flooding, damage from getting keyed and theft. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.
Collision coverages – This coverage covers damage to your Fit resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims such as damaging your car on a curb, backing into a parked car and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.
Medical payments and PIP coverage – Med pay and PIP coverage kick in for immediate expenses for things like hospital visits, nursing services, EMT expenses and surgery. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible