Perplexed by the number of auto insurance company choices in Eunice? Many other consumers are too. There are so many options that it can be a challenge to find better rates.
Take these ten discounts and save
Insurance can cost an arm and a leg, buy you may qualify for discounts to reduce the price significantly. Most are applied at quote time, but some may not be applied and must be requested specifically prior to receiving the credit.
- Save over 55 – If you qualify as a senior citizen, you may be able to get a small decrease in premiums.
- Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
- Lower Rates for Military – Being on active duty in the military can result in better rates.
- Life Insurance – Some companies give a break if you buy life insurance.
- Theft Prevention Discount – Vehicles with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
- Homeowners Discount – Owning a house in Eunice may trigger a auto insurance policy discount because maintaining a house demonstrates responsibility.
- Drive Less and Save – Driving fewer miles can qualify you for discounted rates on garaged vehicles.
- No Claims – Claim-free drivers can earn big discounts compared to accident-prone drivers.
- Organization Discounts – Affiliation with a civic or occupational organization is a good way to get lower rates on your policy.
- Multiple Policy Discount – When you have multiple policies with one insurance company you will save 10% to 20% off each policy.
It’s important to understand that some credits don’t apply to your bottom line cost. Most cut specific coverage prices like physical damage coverage or medical payments. So even though it sounds like adding up those discounts means a free policy, it just doesn’t work that way. Any qualifying discounts will cut the amount you have to pay.
To choose providers with discount auto insurance rates in Eunice, click here.
Much more information about auto insurance in Louisiana is located on the Louisiana Department of Insurance website located here. Visitors are able to read enforcement actions against agents and companies, file complaints about an insurance agent or broker, find disaster information, and find out industry alerts.
Auto insurance coverage information
Understanding the coverages of a auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.
Comprehensive auto coverage
Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as theft, fire damage, rock chips in glass and falling objects. The maximum payout your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Collision protection<img class="alignright" style="padding-top:15px;" src="https://www.carinsurancediy.com/wp-content/uploads/ci175-34.jpg" alt="Louisiana car insurance quote”/>
Collision coverage pays to fix your vehicle from damage resulting from colliding 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 insurance covers claims such as hitting a parking meter, backing into a parked car and colliding with a tree. 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. You can also bump up the deductible to get cheaper collision coverage.
Coverage for liability
Liability coverage will cover damage or injury you incur to a person or their property in an accident. It protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit without having the split limit caps.
Liability insurance covers claims like court costs, pain and suffering, emergency aid and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible. Louisiana requires drivers to carry at least 15,000/30,000/25,000 but you should think about purchasing more liability than the minimum.
Medical payments and PIP coverage
Medical payments and Personal Injury Protection insurance kick in for bills like ambulance fees, X-ray expenses and prosthetic devices. They are used in conjunction with a health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your vehicle.
Since many Louisiana drivers carry very low liability coverage limits (15/30/25), their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Most of the time these limits do not exceed the liability coverage limits.
The best insurance company isn’t always the cheapest
Cost effective auto insurance can be found online and with local Eunice insurance agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who do not offer online price quotes and usually these regional insurance providers provide coverage only through local independent agents.
As you restructure your insurance plan, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where someone dropped collision coverage to discover at claim time that the few dollars in savings costed them thousands. The proper strategy is to buy enough coverage for the lowest price while not skimping on critical coverages.
In this article, we covered a lot of tips how to shop for auto insurance online. The most important thing to understand is the more price quotes you have, the better your chances of lowering your rates. You may be surprised to find that the most savings is with the least-expected company.