Are you overwhelmed by the sheer number of auto insurance choices in Libby? Many other drivers are as well. You have so many companies to choose from that it can quickly become more work than you anticipated to find the best price.
Consumers should take time to price shop coverage once or twice a year because insurance rates change regularly. Despite the fact that you may have had the best price six months ago the chances are good that you can find a lower rate today. Starting right now, ignore everything you know about auto insurance because we’re going to show you the things you must know in order to lower your annual insurance bill.
Finding affordable coverage in Libby is not rocket science. If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using these methods. Montana vehicle owners only need an understanding of the tricks to compare company rates online.
Finding Auto Insurance in Libby, MT
Lowering your auto insurance rates is surprisingly easy. The only thing you need to do is invest a little time to get quotes online with multiple companies. This can be accomplished in just a few minutes using one of these methods.
One of the simplest ways to find the lowest comparison rates is to use a rate comparison form (click to open form in new window). This method saves time by eliminating separate quotes to each individual auto insurance company. Filling out one form gets you price quotes from multiple companies.It’s the quickest way to get rates.
A more difficult way to analyze rates is spending the time to visit each company’s website and fill out their own quote form. For sake of this example, let’s assume you want comparison quotes from Progressive, State Farm and Allstate. You would have to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular.
For a list of links to insurance companies in Libby, click here.
Whichever method you choose, compare identical coverages for each price quote. If you have different deductibles it will be next to impossible to make an equal comparison in Libby.
Lower rates by qualifying for these ten discounts
Car insurance companies don’t always list every available discount very well, so we researched some of the best known and also the lesser-known auto insurance savings. If you don’t get every credit available, you’re paying more than you need to.
- Senior Citizens – Mature drivers may be able to get better auto insurance rates.
- Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.
- Save with a New Car – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
- Club Memberships – Participating in a civic or occupational organization may earn a discount on your policy.
- Discount for Swiching Early – A few companies offer discounts for signing up before your current expiration date. The savings is around 10%.
- Student in College – Kids in college living away from home attending college without a vehicle on campus can receive lower rates.
- Driver’s Ed – Require your teen driver to complete a driver education course in high school.
- Multi-car Discount – Buying coverage for more than one vehicle on one policy may reduce the rate for each vehicle.
- Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more than drivers with accidents.
- Military Discounts – Being deployed with a military unit could mean lower rates.
Consumers should know that most discount credits are not given to the overall cost of the policy. A few only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like all those discounts means the company will pay you, companies wouldn’t make money that way.
Car insurance is unique, just like you
When buying the right insurance coverage for your vehicles, there really is no single plan that fits everyone. Each situation is unique.
These are some specific questions can help discover whether or not you might need professional guidance.
- Does my medical payments coverage pay my health insurance deductible?
- Is there coverage for injuries to my pets?
- Are split liability limits better than a combined single limit?
- Does my policy pay for OEM or aftermarket parts?
- Does medical payments coverage apply to all occupants?
- Can I afford low physical damage deductibles?
- Do all my vehicles need collision coverage?
If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and may give you better protection.<img class="alignright" style="padding-top:15px" src="https://www.carinsurancediy.com/wp-content/uploads/ci175-65.jpg" alt="Libby Montana insurance quotes” />
Additional detailed information is located at the Montana Commissioner of Securities and Insurance website. Visitors are able to download brochures, read state legal mandates and laws, learn about specific coverages, and discover disciplinary actions.
Buyer beware of auto insurance advertising tricks
Consumers can’t get away from ads for cheaper car insurance from companies such as Progressive, Allstate and GEICO. They all make the same claim that you can save if you move your policy.
How do they all make the same claim? This is how they do it.
Different companies have a preferred profile for the type of customer that makes them money. For example, a desirable insured could be between 30 and 50, has no prior claims, and has a high credit rating. A driver who meets those qualifications gets the lowest rates and is almost guaranteed to cut their rates substantially.
Potential customers who don’t qualify for these standards will have to pay higher premiums and ends up with the customer not buying. The ads state “people who switch” not “everyone that quotes” save money. This is how companies can advertise the savings. Because of the profiling, it’s extremely important to get a wide range of price quotes. You cannot predict which company will fit your personal profile best.
Auto insurance coverage information
Learning about specific coverages of a auto insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and coverage can change by endorsement.
Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for expenses like pain medications, chiropractic care, ambulance fees, surgery and rehabilitation expenses. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay
Auto liability – This protects you from damage or injury you incur to a person or their property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.
Liability can pay for claims like loss of income, court costs, repair bills for other people’s vehicles, structural damage and medical expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible. Montana requires minimum liability limits of 25,000/50,000/10,000 but you should consider buying more liability than the minimum.
Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your vehicle.
Since many Montana drivers carry very low liability coverage limits (Montana limits are 25/50/10), their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as damage from a tornado or hurricane, rock chips in glass, a tree branch falling on your vehicle and theft. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Collision – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things such as hitting a parking meter, scraping a guard rail, backing into a parked car, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.
Keep this in mind
People switch companies for a number of reasons such as being labeled a high risk driver, policy cancellation, denial of a claim or lack of trust in their agent. Regardless of your reason, finding a great new company is less work than it seems.
We covered many ideas to reduce auto insurance prices online. The key concept to understand is the more price quotes you have, the better your chances of lowering your rates. Drivers may discover the best prices are with some of the smallest insurance companies.
Lower-priced auto insurance is definitely available on the web as well as from independent agents in Libby, and you should compare price quotes from both to have the best selection. A few companies don’t offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.