6 Discounts Consumers Miss when Buying Insurance Online for a Nissan NV2500 HD

Feel like you’re a prisoner to an overpriced car insurance policy? Say no more because many consumers are feeling buyer’s remorse and feel like there’s no way out. Multiple auto insurance companies compete for your insurance dollar, and because of this it can be hard to compare auto insurance companies to find the absolute best price available.

It’s important to take a look at other company’s rates before your policy renews because prices trend upward over time. Just because you had the lowest rate on NV2500 HD insurance last year you can probably find a lower rate today. Ignore everything you know about car insurance because you’re about to find out the fastest and easiest way to buy cheaper car insurance.

If you are paying for car insurance now, you will most likely be able to cut costs considerably using this strategy. Finding the best rates is easy if you know what you’re doing. But consumers must understand the way insurance companies sell insurance online and apply this information to your search.

Comparing car insurance rates is a ton of work if you don’t utilize the most efficient way to do it. You could spend your day discussing policy coverages with local insurance agents in your area, or you could use online quotes to get rates in a matter of minutes.

Many insurance companies belong to a marketplace where insurance shoppers enter their policy data once, and every company can give them a price for coverage. This eliminates the need for quote requests to each individual car insurance company.

To find out what other companies charge click here to start a free quote.

The only drawback to getting quotes like this is that consumers can’t choose the insurers you want pricing from. If you wish to select individual companies to compare rates, we have a listing of low cost car insurance companies in your area. Click here to view list.

You can use whichever method you prefer to find lower rates, just make sure you are using the exact same quote information with every price quote. If each company quotes different values for each quote it’s impossible to decipher which rate is best. Having just a slight variation in limits can result in a big premium difference. Just remember that having more price comparisons helps locate the best rates.

Verify you’re getting every discount

Insurance can be prohibitively expensive, but there’s a good chance there are discounts to help bring down the price. Most are applied at the time you complete a quote, but a few must be inquired about before you get the savings.

• Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts as much as 30%.
• Paperless Signup – Many car insurance companies will provide an incentive for buying a policy and signing up digitally online.
• Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to take driver’s ed class in high school.
• Anti-lock Brake Discount – Cars and trucks with ABS braking systems or traction control can stop better under adverse conditions and earn discounts up to 10%.
• Discounts for Multiple Vehicles – Insuring multiple vehicles with the same company can get a discount for every vehicle.
• Full Payment Discount – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.

Discounts lower rates, but some of the credits will not apply to your bottom line cost. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think you would end up receiving a 100% discount, you’re out of luck.

Popular car insurance companies and their possible discounts can be read below.

• State Farm policyholders can earn discounts including accident-free, good student, defensive driving training, safe vehicle, good driver, passive restraint, and multiple autos.
• Farmers Insurance includes discounts for homeowner, early shopping, youthful driver, teen driver, switch companies, and alternative fuel.
• Progressive offers premium reductions for continuous coverage, homeowner, online signing, online quote discount, multi-vehicle, and multi-policy.
• GEICO offers discounts for good student, multi-vehicle, seat belt use, membership and employees, anti-lock brakes, and defensive driver.
• Auto-Owners Insurance may offer discounts for student away at school, teen driver, company car, paperless, paid in full, multiple vehicles, and air bags.
• The Hartford offers discounts including vehicle fuel type, driver training, anti-theft, good student, air bag, and bundle.
• Farm Bureau may have discounts that include youthful driver, safe driver, good student, driver training, and multi-policy.
• USAA discounts include military installation, safe driver, vehicle storage, multi-policy, and defensive driver.

It’s a good idea to ask each insurance company to apply every possible discount. Some discounts might not apply in your area. To choose insurance companies with discount rates, follow this link.

Compare rate quotes or from insurance agents

A small number of people would rather have an agent’s advice. An additional benefit of getting online price quotes is that you can obtain better rates and still have an agent to talk to. And buying from local insurance agents is still important if you live in a smaller city or town.

Upon completion of this quick form, the quote information is submitted to local insurance agents who will give competitive quotes for your insurance coverage. You never need to contact an agency due to the fact that quote results will go immediately to your email address. You’ll get the best rates without having to waste a lot of time. If you wish to quote rates from a particular provider, just go to their quote page and give them your coverage information.

Independent or Captive: It’s your choice

When finding a local insurance agent, it helps to know the two different types of agencies and how they can service your needs differently. Car insurance policy providers are considered either captive agents or independent agents.

Independent Agents

These agents are not required to write business for one company so they can write business with multiple insurance companies and get the cheapest rates. If your agent finds better pricing, your agent can switch companies which is easy for the insured.

When comparing car insurance rates, it’s a good idea to compare quotes from a couple of independent agencies in order to compare the most rates.

Captive Car Insurance Agents

Agents that elect to be captive have only one company to place business with such as State Farm, AAA, and Liberty Mutual. Captives cannot place coverage with different providers so always compare other rates. Captive agencies receive a lot of sales training on sales techniques which can be an advantage.

To select from insurance agencies near you, here is a link to find an car insurance provider.

Finding a good insurance agent requires more thought than just the premium amount. Any good agent should know the answers to these questions.

• Are they in the agency full-time?
• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• Does the agent have professional designations like CIC, CPCU or AIC?
• How much experience to they have in personal lines coverages?
• Which companies can they place coverage with?
• Is there a 24/7 contact number?
• By raising physical damage deductibles, how much would you save?

Smaller companies may have the best rates

Car insurance companies such as Progressive, Allstate and GEICO endlessly run ads on television and other media. They all seem to make the same claim about how much you will save just by switching to them. How does every car insurance company make almost identical claims? It’s all in the words they use.

All companies have an ideal profile for the driver that makes them money. A good example of a desirable risk may be a mature driver, has never had a policy lapse, and does not commute to work. Any customer who matches those parameters will get low auto insurance rates and will also save when switching.

Drivers who do not meet the requirements will be quoted more expensive rates and this results in the driver buying from a lower-cost company. If you pay attention, the ads say “customers who switch” not “everybody who quotes” save the amount stated. That’s the way companies can advertise the savings.

Different companies use different criteria so you absolutely need to do a rate comparison at every renewal. It’s just too difficult to predict which car insurance company will have the lowest rates.

Information about specific coverages

Understanding the coverages of your policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Shown next are typical coverage types found on the average car insurance policy.

Uninsured and underinsured coverage – This gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Nissan NV2500 HD.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Normally these coverages are identical to your policy’s liability coverage.

Collision coverage – This pays for damage to your NV2500 HD resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as rolling your car, crashing into a ditch and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverages – This pays for 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 can pay for things like damage from flooding, a tree branch falling on your vehicle, damage from a tornado or hurricane, hitting a deer and rock chips in glass. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like doctor visits, funeral costs and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Auto liability – Liability coverage will cover damages or injuries you inflict on other people or property by causing an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers things like medical services, funeral expenses, court costs, bail bonds and pain and suffering. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Don’t give up on cheaper rates

When you , do not skimp on critical coverages to save a buck or two. There are a lot of situations where an insured dropped comprehensive coverage or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy a smart amount of coverage at the best possible price while not skimping on critical coverages.

Budget-conscious Nissan NV2500 HD insurance is possible from both online companies and from local agencies, so get from both of them so you have a total pricing picture. Some companies may not have online quoting and these small insurance companies only sell through independent agents.