Purchasing low-cost Fayetteville car insurance over the internet can be difficult for consumers not familiar with shopping for insurance online. With such a large number of choices, how can you effectively compare them all to find the best price?
If you have insurance now or are shopping for new coverage, you can learn to cut your premiums and possibly find even better coverage. Shopping for cheaper coverage in Fayetteville can be fairly easy. Arkansas drivers just need to learn the tricks to shop for car insurance on the web.
Car Insurance Prices in Fayetteville, Arkansas
All major car insurance companies allow you to get price estimates online. Obtaining pricing is quite easy as you just type in the coverage amounts you desire into a form. When the form is submitted, the company’s rating system makes automated requests for information on your driving record and credit history and returns pricing information based on these factors.
Quoting online simplifies rate comparisons, but the time it takes to visit different websites and fill out multiple forms is not the best way to spend an afternoon. But it’s absolutely necessary to perform this step if you want to find a better rate.
The easy way to compare rates
The easiest way to lower your rates requires only one form that gets prices from a lot of companies. The form is fast, reduces the work, and makes rate comparisons a little more enjoyable. Immediately after you send the form, it is quoted with multiple companies and you can pick your choice of the pricing results. If the quotes result in lower rates, you simply finish the application and purchase coverage. The whole process can be completed in a matter of minutes and you’ll know if lower rates are available.
To compare pricing, simply click here to open in new window and submit the form. If you currently have coverage, we recommend you replicate the limits and deductibles exactly as shown on your declarations page. This guarantees you are getting a rate comparison based on identical coverages.
Pay less by taking advantage of these 5 discounts
Car insurance companies do not list every discount very clearly, so we took the time to find both well-publicized and the more hidden car insurance savings. If you’re not getting every credit you qualify for, you’re paying more than you need to.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts can receive discounts of 20% or more.
- Bundle and Save – When you have multiple policies with the same company you could get a discount of at least 10% off all policies.
- Driver Safety – Successfully completing a defensive driving course could cut 5% off your bill if your company offers it.
- No Accidents – Drivers who don’t have accidents can save substantially as compared to accident-prone drivers.
- Own a Home – Owning a house in Fayetteville can help you save on car insurance due to the fact that maintaining a home requires personal responsibility.
It’s important to note that many deductions do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky.
To choose insurance companies who offer car insurance discounts in Fayetteville, click this link.
More detailed Arkansas car insurance information is available at the Arkansas Insurance Department website. Consumers can view a list of available companies, view agent and company licensing information, and file complaints about an insurance agent or broker.
Information about specific coverages
Understanding the coverages of a car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.
Medical costs insurance
Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for X-ray expenses, ambulance fees, surgery and funeral costs. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay
Coverage for collisions
Collision insurance pays for damage to your vehicle caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.
Collision insurance covers claims like damaging your car on a curb, hitting a mailbox, backing into a parked car and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.
UM/UIM Coverage
This protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your vehicle.
Since many Arkansas drivers only carry the minimum required liability limits (25/50/25 in Arkansas), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.
Liability coverages
This coverage can cover damage that occurs to a person or their property in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.
Liability coverage pays for things like funeral expenses, repair costs for stationary objects and pain and suffering. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible. Arkansas requires drivers to carry at least 25,000/50,000/25,000 but you should think about purchasing more liability than the minimum.
Comprehensive or Other Than Collision
Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like a broken windshield, damage from getting keyed, hitting a bird and theft. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Keep this in mind
We just showed you many tips how you can get a better price on car insurance. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the lowest priced car insurance comes from a smaller regional carrier.
Budget-conscious car insurance can be purchased on the web as well as from independent agents in Fayetteville, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies don’t offer you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.
When shopping online for car insurance, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, someone sacrificed liability coverage limits only to regret that the few dollars in savings costed them thousands. The aim is to find the BEST coverage at a price you can afford while not skimping on critical coverages.