Are you confused by the dozens of car insurance providers available to you? Drivers have such a large number of options that it can easily become a real challenge to find the perfect company for you. Pocahontas is a wonderful place to live, but inflated car insurance rates can make it hard for many residents to affordably buy enough coverage.
The quickest way to compare rates utilizes the fact most of the larger companies participate in a system to quote your coverage. The only thing you need to do is take a few minutes to give details like daily mileage, if you require a SR-22, driver details, and if you have an active license. That rating information is then submitted to multiple car insurance providers and they return rate quotes immediately.
To compare multiple company rates now, click here and enter the information requested.
Six discounts for lower Arkansas car insurance rates
Car insurance is neither fun to buy or cheap, but you may find discounts that can help lower your rates. A few discounts will be applied when you complete an application, but some may not be applied and must be manually applied before they will apply.
- Multiple Cars – Having several vehicles on one policy could earn a price break for each car.
- Defensive Driver Discount – Taking a course teaching defensive driving skills could earn you a small percentage discount and easily pay for the cost of the class.
- Club Memberships – Joining specific professional or occupational memberships or organizations could earn you a nice discount on your bill.
- Passive Restraints and Air Bags – Factory options such as air bags or motorized seat belts may get savings as much as 30%.
- Drivers Education – Have your child successfully complete driver’s ed class as it will make them better drivers and lower rates.
- Good Drivers – Drivers who avoid accidents may save up to 50% more than their less cautious counterparts.
A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.
A list of companies and their possible discounts are included below.
- Farmers Insurance has discounts for teen driver, switch companies, pay in full, bundle discounts, electronic funds transfer, homeowner, and alternative fuel.
- State Farm may offer discounts for safe vehicle, good driver, Steer Clear safe driver discount, multiple policy, and accident-free.
- Liberty Mutual offers discounts for multi-car, teen driver discount, newly married, new vehicle discount, and multi-policy.
- MetLife offers discounts including multi-policy, good student, claim-free, good driver, accident-free, defensive driver
- Progressive includes discounts for online signing, online quote discount, good student, multi-policy, multi-vehicle, homeowner, and continuous coverage.
It’s a good idea to ask each company or agent which discounts they offer. Some credits might not be offered in Pocahontas.
More information can be found on the Arkansas Insurance Department website. Click here for link. Arkansas consumers can view a list of available companies, view agent and company licensing information, and file complaints about an insurance agent or broker.
What car insurance coverages do you need?
Understanding the coverages of your car insurance policy can help you determine the right coverages and proper limits and deductibles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording.
Auto collision coverage
Collision insurance pays for damage to your vehicle resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like colliding with another moving vehicle, colliding with a tree and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.
Comprehensive auto coverage
This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like a broken windshield, damage from getting keyed, hitting a bird and theft. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This provides protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as damage to your vehicle.
Due to the fact that many Arkansas drivers have only the minimum liability required by law (which is 25/50/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Usually the UM/UIM limits do not exceed the liability coverage limits.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like doctor visits, prosthetic devices, funeral costs and nursing services. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Coverage for liability
Liability coverage protects you from damages or injuries you inflict on other’s property or people. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability insurance covers things like legal defense fees, pain and suffering and structural damage. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible. Arkansas requires minimum liability limits of 25,000/50,000/25,000 but drivers should carry higher limits.
Buy online or local, you save
In this article, we covered a lot of ways to compare car insurance rates online. The key thing to remember is the more times you quote, the better likelihood of getting . Drivers may discover the lowest rates come from a small local company.
Budget-friendly car insurance is attainable online as well as from independent agents in Pocahontas, so you need to with both to have the best selection. Some companies may not provide online price quotes and most of the time these regional insurance providers provide coverage only through local independent agents.
When searching for , it’s not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where someone dropped comprehensive coverage or liability limits and found out when filing a claim they didn’t purchase enough coverage. The proper strategy is to buy the best coverage you can find at a price you can afford, but don’t skip important coverages to save money.