7 Top Methods to Lower Aston Martin Rapide Insurance Expenses

Are you tired of being strong-armed to pay your car insurance bill each month? You are no different than most other car owners. With consumers having so many insurance providers from which to choose, it can be hard to find the cheapest insurer.

Which Car Insurance is Cheapest?

Effectively comparing car insurance prices can take time and effort if you aren’t aware of the easiest way. You can waste a few hours (or days) talking about coverages with insurance agencies in your area, or you can utilize online quoting to maximize your effort.

Most car insurance companies take part in a program that allows shoppers to only type in their quote data once, and each participating company then gives them pricing based on that information. This saves time by eliminating quotation requests for each company. To compare rates using this form now click to open in new window.

The single downside to comparing rates this way is that you can’t choose which carriers to receive prices from. If you would rather choose specific providers to receive pricing from, we put together a list of companies who write car insurance in your area. Click to view list.

It’s your choice how you get your quotes, but make sure you use the exact same information with each company. If you enter unequal deductibles or liability limits then you won’t be able to make a fair comparison for your Aston Martin Rapide.

Are insurance agents a thing of the past?

Certain consumers prefer to buy from a licensed agent and that is OK! Professional agents can help determine the best coverages and help in the event of a claim. The biggest benefit of comparing rates online is the fact that you can find lower rates but also keep your business local. And providing support for local agencies is important especially in small towns and cities.

Once you complete this quick form, your coverage information is submitted to participating agents who will compete for your business. You don’t have to leave your computer due to the fact that quote results will go straight to your inbox.

Choose the right car insurance agent

When finding local agents, you need to know there are two types of agencies from which to choose. Insurance agencies are either captive or independent (non-captive). Both types can properly insure your vehicles, but it’s worth learning how they are different since it may influence buying decisions.

Independent Agents

Independent agents are not employed by any specific company so they can insure your vehicles with many different companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, your agent can switch companies and that require little work on your part. When searching for an agent, it’s recommended you include multiple independent agents for maximum quote selection.

Captive Insurance Agents

Captive insurance agents are contracted to one company like State Farm, AAA, Farmers Insurance or Allstate. They usually cannot place coverage with different providers so they are skilled at selling on more than just price. Captives are trained well on the products they sell which can be an advantage.

To view a full list of insurance agencies, click here.

Selecting an insurance agent should depend on more than just the premium amount. Any agent should have no problem answering these questions:

• Did they already check your driving record and credit reports?
• Does the agent have professional designations like CIC, CPCU or AIC?
• Is their price quote a firm figure or are their hidden costs?
• Does the agency provide any after hours assistance?
• Do they make recommendations based only on price?
• How much will you save each year by using a higher deductible?
• Is working in the agency their full-time job?

Once you have answers to your satisfaction in addition to an acceptable price estimate, you may have just found a car insurance agent that meets your needs to properly service your car insurance policy. But remember, you can always cancel your policy for any reason so don’t think that you are obligated to any particular company with no way to switch.

Specific coverage details

Understanding the coverages of a car insurance policy helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find the normal coverages found on the average car insurance policy.

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like vandalism, fire damage, theft, falling objects and damage from flooding. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like funeral costs, EMT expenses, dental work, surgery and X-ray expenses. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability coverage provides protection from injuries or damage you cause to a person or their property by causing an accident. 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. Your policy might show policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as emergency aid, loss of income, medical services, bail bonds and court costs. How much coverage you buy is your choice, but you should buy as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually these coverages are identical to your policy’s liability coverage.

Auto collision coverage

Collision coverage pays for damage to your Rapide caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as hitting a parking meter, backing into a parked car and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.