Did you come to the realization that you have an overpriced car insurance policy? Don’t feel bad because there are many people just like you. Consumers have so many auto insurance companies to pick from, and though it is a good thing to be able to choose, it can be more difficult to find the lowest rates.
There are a variety of methods to compare car insurance quotes, and some are easier and takes less work. You can spend your afternoon discussing policy coverages with agents in your area, or you can stay home and use the web to quickly compare rates.
Most of the best insurance companies enroll in a system where insurance shoppers enter their coverage request one time, and each participating company then gives them pricing based on that information. This system prevents you from having to do quotation requests to each individual car insurance company.
To get comparison pricing now click here to start a free quote.
One minor caviat to pricing coverage this way is that consumers can’t choose which providers to receive prices from. If you would rather choose specific providers to compare prices, we have a listing of companies who write car insurance in your area. Click here to view list.
Compare rates however you want, just make sure you use the same coverage limits and deductibles for every company. If you have different limits and deductibles on each one you will not be able to determine the lowest rate for your Oldsmobile Regency. Even a minor difference in insurance coverages or limits may result in a large different in cost. And when comparing car insurance rates, know that comparing a large number of companies gives you a better chance of getting a better price. Not every company allows you to get online rate quotes, so it’s important to compare price estimates from those companies as well.
Car insurance providers like State Farm, GEICO and Progressive constantly bombard you with ads in print and on television. They all advertise the message that you can save after switching your policy. Is it even possible that every company can have lower policy pricing? Just pay attention to how they say it.
Most companies look for specific characteristics for the right customer that will generate a profit. A good example of this type of driver may be over the age of 35, carries full coverage, and the vehicle is rated for pleasure use. A customer getting a price quote that hits that “sweet spot” will get low auto insurance rates and will most likely pay quite a bit less when switching companies.
Drivers who do not match the requirements must pay higher prices which usually ends up with business not being written. The trick companies use is to say “people that switch” not “everybody who quotes” can get the lowest rates when switching. This is how insurance companies can confidently make claims like that. This really drives home the point why drivers should get a wide range of price quotes. It’s not possible to predict which company will provide you with the cheapest premium rates.
Companies don’t always advertise all disounts in a way that’s easy to find, so we researched a few of the more common and also the lesser-known savings tricks you should be using when you . If you aren’t receiving every discount you deserve, you are paying more than you should be.
A little disclaimer on discounts, many deductions do not apply to all coverage premiums. Most only reduce individual premiums such as physical damage coverage or medical payments. So even though you would think you could get a free car insurance policy, you’re out of luck.
A few of the larger companies and a selection of discounts include:
When comparing rates, check with all companies you are considering to apply every possible discount. Some credits may not apply in every state.
Certain consumers prefer to talk to an insurance agent. One of the best bonuses of getting free rate quotes online is the fact that drivers can get cheap car insurance quotes and still buy from a local agent.
Once you complete this simple form, your coverage information is immediately sent to local insurance agents that give free quotes and help you find cheaper coverage. There is no need to leave your computer since price quotes are sent to you directly. Get lower rates without requiring a lot of work. If you need to get a rate quote from one company in particular, you just need to find their quoting web page and give them your coverage information.
Selecting an company requires you to look at more than just the price. These questions are important to ask:
If you are wanting to purchase car insurance from a reliable agent, it helps to know the two different types of agents that differ in how they can insure your vehicles. Agents can be classified as either captive agents or independent agents.
Captive insurance agents have only one company to place business with and some examples include State Farm or Allstate. They are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Captive agencies are usually quite knowledgeable on their products and sales techniques which can be an advantage.
Independent agents do not work for one specific company and that allows them to write policies with many different companies and help determine which has the cheapest rates. To transfer your coverage to a different company, they simply move the coverage in-house which is easy for the insured. When comparison shopping, we highly recommend that you compare quotes from multiple independent agents for the best price selection.
To view insurance agents in your area, please see this complete selection of car insurance providers in your state.
When choosing the right insurance coverage for your vehicles, there is no “perfect” insurance plan. Every situation is different so your insurance needs to address that. These are some specific questions may help you determine if your situation would benefit from professional advice.
If you don’t know the answers to 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, complete this form or you can also visit this page to select a carrier
Learning about specific coverages of your policy helps when choosing which coverages you need at the best deductibles and correct limits. Car insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverages found on the average car insurance policy.
Uninsured or underinsured coverage
This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your Oldsmobile Regency.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Medical expense coverage
Med pay and PIP coverage provide coverage for immediate expenses like funeral costs, rehabilitation expenses and hospital visits. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay
Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as hitting a deer, a broken windshield, damage from getting keyed, vandalism and damage from a tornado or hurricane. The maximum payout 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 not worth carrying full coverage.
This coverage provides protection from injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.
Liability insurance covers things such as structural damage, bail bonds, medical expenses and pain and suffering. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.
Collision coverage will pay to fix damage to your Regency from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision coverage protects against claims such as sustaining damage from a pot hole, driving through your garage door, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.
Low-cost Oldsmobile Regency insurance is attainable online and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance providers don’t offer the ability to get quotes online and these small, regional companies only sell through independent agents.
When searching for , it’s a bad idea to buy poor coverage just to save money. In many instances, an insured cut comprehensive coverage or liability limits and found out when filing a claim they didn’t have enough coverage. Your goal should be to find the BEST coverage at the best possible price, but don’t skip important coverages to save money.