Standard Car Insurance
When buying auto insurance, there are coverage that are generally offered from every carrier. These are the coverages that you need for protection from the most common costs related to car accidents. Standard auto insurance offers these coverages :
- Bodily Injury Liability
- Property Damage Liability
- Medical Payment or Personal Injury Protection (PIP)
- Uninsured and Underinsured Motorist Coverage
Not all of these are necessary to purchase a policy, as the requirements do vary from state to state. With so many options, including choosing different limits or deductibles for each of these coverage, rates can vary greatly.
How to Choose Coverage
It’s probably going to get a little confusing when choosing exactly what you want on your car insurance policy. Below are a few tips to keep in mind when choosing how much car insurance you need:
- Know what your state’s car insurance requirements are – AIS Insurance agents know the requirements of all states and can make the process easier. Making sure you have the right amount to legally drive in your state can save you tons of money from being fined, if caught without proper insurance.
- Decide on a limit that will cover you for the total amount of your assets.
- Consider choosing a higher deductibles for collision coverage to lower premiums.
- If you have good health insurance, you might consider not adding medical payments coverage to your policy. However, you must make sure that your health insurance does pay for accident-related medical expenses. Or in some cases, if you have both, your medical payments coverage might help pay for your health plan’s deductible.
Finding Cheap Auto Insurance
To find cheap auto insurance, a lot of work is involved. That is, comparing quotes from multiple companies to ensure the best coverage at the lowest rate available to you. Insurance carriers have different methods for calculating your risk and therefore, rates can vary significantly. Some carriers may consider the number of years of driving experience, while others don’t. You can save hundreds of dollars by shopping around, asking for discounts, change your limits and deductibles, or cash in on major life changes.
Ask for Discounts
Every state and carrier has discounts that are available to its drivers. Knowing these discounts can save you serious money. Some discounts that may be available to you are:
- Multi-policy (Home and Auto)
- Safety Device
- Safe Driver
- Defensive Driver (Safety Course required)
- Low Mileage
- Full payment
- Early Signing
- Good Student
- Distant Student (studying away from home without the car)
Reconsider your Limits and Deductibles
As mentioned above, you can choose the limits and deductibles for each coverage. Having a lower limit and a higher deductible will lower your monthly costs. However, it must be remembered that in case of an accident, you will have to pay the difference between the expenses and the coverage limit, if you don’t have enough coverage.
In addition, if you’re driving an older car that isn’t worth all that much, you may consider dropping collision and comprehensive coverage. Paying for a vandalism claim out of pocket is likely to be cheaper than paying these coverages for an older car. Talk to an AIS Auto Insurance agent to see if this is a good option for you.
Take Advantage of major Life Changes
Major life changes can include: marriage, joining the military, buying a home, becoming a wise senior. Yes, all of these life changes may qualify for lower rates. Insurance carriers view married people as less risky drivers because they have a family to be responsible for now. Buying a home or joining the military may qualify you for discounts mentioned in the discounts section above. Lastly, seniors can take advantage of safe driving courses to obtain a discount.
Working with AIS to Find Cheap Auto Insurance Rates
This was a lot of information to soak up and it might seem daunting, but it’s important to know if you want to find cheap auto insurance rates and still get the coverage that you need. Fortunately, there is another way to go about this. Simply give AIS a call and we’ll do all the work in comparing for you, while meeting your coverage needs. We are partnered with over 30+ insurance carriers, including Mercury Insurance, Progressive, Safeco, and National Interstate Insurance Company. We compare the rates and coverage for you and you choose which company you would like to work with. We handle everything for you and you never have to call another number if you have questions about your policy. Also, we do all of this without taking any broker fee, that means you pay low rates with convenience.
Ready to start shopping for car insurance? Get a quote from AIS today!
The information in this article was obtained from various sources. This content is offered for educational purposes only and does not represent contractual agreements, nor is it intended to replace manuals or instructions provided by the manufacturer or the advice of a qualified professional. The definitions, terms and coverage in a given policy may be different than those suggested here and such policy will be governed by the language contained therein. No warranty or appropriateness for a specific purpose is expressed or implied.