Overpriced auto insurance can empty your checking account and make it hard to pay other bills. Doing a price comparison is free and is an excellent way to cut your insurance bill.
Many insurance companies vie for your insurance dollar, so it can be very hard to choose a insurer and get the definite lowest price
If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these methods. Finding affordable coverage in Rehoboth Beach is not that difficult. Although Delaware drivers should learn how insurance companies determine prices and use this information to your advantage.
Are you getting all your discounts?
Car insurance can cost a lot, but there are discounts available to help offset the cost. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be manually applied in order for you to get them.
- Braking Control Discount – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
- Pay Upfront and Save – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
- No Charge for an Accident – A few companies permit an accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.
- Passive Restraints – Cars that have air bags can get savings of more than 20%.
- Accident Free – Drivers with accident-free driving histories can save substantially when compared with frequent claim filers.
- Discount for New Cars – Putting insurance coverage on a new car is cheaper due to better safety requirements for new cars.
- Good Student – Getting good grades can save 20 to 25%. The good student discount can last until age 25.
- Auto/Life Discount – Select insurance companies reward you with better rates if you take out life insurance.
- Club Memberships – Participating in a qualifying organization could qualify you for a break when buying auto insurance.
It’s important to understand that most discounts do not apply to all coverage premiums. Most cut specific coverage prices like liability, collision or medical payments. Just because you may think you could get a free auto insurance policy, it doesn’t quite work that way. Any qualifying discounts will help reduce your premiums.
To choose providers with the best auto insurance discounts in Delaware, follow this link.
Low Cost Rehoboth Beach Auto Insurance
All the larger auto insurance companies such as State Farm, GEICO and Progressive quote coverage prices on the web. Getting quotes is fairly straightforward as you simply enter your coverage information as detailed in the form. Once you submit the form, the company’s rating system will order your driving and credit reports and returns a price quote based on these and other factors. Online price quotes makes comparing rates easy, but the process of having to visit many different websites and enter the same data into a form can be a bit repetitive. But it’s absolutely necessary to compare as many rates as possible in order to find lower prices.
The easiest way to find cheaper rates utilizes a single form that gets prices from multiple companies. This type of form saves time, requires much less work on your part, and makes comparison shopping much easier to do. Immediately after you send the form, it gets priced with multiple companies and you can pick any of the pricing results.
If one or more price quotes are lower than your current rates, you can click and sign and buy the new coverage. It only takes a few minutes and you’ll know if lower rates are available.
In order to find out how much you can save on auto insurance, simply click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend you replicate the coverages identical to your current policy. Using the same limits helps guarantee you’re receiving an apples-to-apples comparison based on the exact same insurance coverage.
When might I need an agent?
When it comes to choosing adequate coverage for your vehicles, there really is no cookie cutter policy. Every insured’s situation is different so this has to be addressed. These are some specific questions may help highlight if your insurance needs might need an agent’s assistance.
- Which companies will insure high-risk drivers?
- How high should my medical payments coverage be?
- Is my vehicle covered for flood damage?
- Is pleasure use cheaper than using my vehicle to commute?
- Why am I required to buy high-risk coverage?
- Am I covered if I drive in a foreign country?
- Will my rates increase for filing one claim?
- Does my vehicle need full coverage?
If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Coverages available on your policy
Having a good grasp of your auto insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types found on most auto insurance policies.
Coverage for medical expenses – Med pay and PIP coverage kick in for expenses like X-ray expenses, doctor visits, funeral costs and surgery. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Liability coverages – Liability coverage protects you from damage that occurs to other’s property or people that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability can pay for things like legal defense fees, emergency aid, pain and suffering, court costs and medical services. How much coverage you buy is a personal decision, but you should buy higher limits if possible. Delaware state minimum liability requirements are 15,000/30,000/10,000 but drivers should carry better liability coverage.
Coverage for uninsured or underinsured drivers – This coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your vehicle.
Since a lot of drivers carry very low liability coverage limits (Delaware limits are 15/30/10), it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Normally these limits are set the same as your liablity limits.
Collision coverages – This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for claims like damaging your car on a curb, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.
Comprehensive auto insurance – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as fire damage, a tree branch falling on your vehicle, vandalism, falling objects and damage from flooding. The most your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
More effort can pay off
We just showed you quite a bit of information on how to compare auto insurance prices online. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. Consumers may even find the most savings is with some of the smallest insurance companies. These companies often have lower prices on specific markets than their larger competitors like GEICO and State Farm.
When buying insurance coverage, it’s a bad idea to reduce coverage to reduce premium. Too many times, someone dropped physical damage coverage only to regret at claim time they didn’t purchase enough coverage. Your strategy should be to purchase plenty of coverage at an affordable rate while still protecting your assets.