Feel like you’re a prisoner to an overpriced car insurance policy? Trust us, you’re not the only one.
There is such a variety of insurance companies to buy insurance from, and even though it’s nice to have a choice, so many choices can make it hard to locate the cheapest rates.
Finding the best rates in Greybull is easy if you know what you’re doing. Basically, everyone who has to buy car insurance will be able to cut their insurance bill. Nevertheless, Wyoming car owners can benefit from knowing how insurance companies compete online.
Do you qualify for a discount?
Car insurance companies do not list all their discounts in an easy-to-find place, so we break down some of the best known and the harder-to-find ways to save on car insurance.
- Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts can qualify for discounts of up to 25% or more.
- Seat Belt Usage – Requiring all passengers to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
- College Student – Children who live away from home without a vehicle on campus can be insured at a reduced rate.
- Good Student – Getting good grades can get you a discount of up to 25%. The discount lasts until age 25.
- Homeowners Discount – Owning a home in Greybull can help you save on car insurance because owning a home is proof that your finances are in order.
- Defensive Driver – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if you qualify.
- Early Signing – Select companies give a discount for switching policies before your current expiration date. This can save 10% or more.
- Drive Safe and Save – Drivers who avoid accidents may receive a discount up to 45% less than their less cautious counterparts.
- Accident Forgiveness – A handful of insurance companies permit an accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
Keep in mind that most discount credits are not given to your bottom line cost. A few only apply to individual premiums such as medical payments or collision. So despite the fact that it appears it’s possible to get free car insurance, it doesn’t quite work that way.
For a list of insurance companies who offer car insurance discounts in Greybull, click here to view.
Compare Quotes for Greybull Car Insurance
There are several ways of comparing rates from car insurance companies in your area. The best way to find the cheapest insurance rates consists of obtaining rate quotes online. This is very easy and can be done using a couple different methods.
- The fastest way to find low rates is a comparison rater form click here to open form in new window. This easy form keeps you from doing a different quote for each company. In just a few minutes this one form will get you price quotes from many national carriers.
- A harder way to obtain and compare quotes online requires you to visit each individual company website and request a quote. For examples sake, let’s assume you want to compare rates from Auto-Owners, GEICO and Farmers. To find out each rate you need to visit each site to input your insurance information, which is why most consumers use the first method.
For a list of links to companies insuring cars in Greybull, click here.
However you get your quotes, be sure to compare apples-to-apples coverage information for each comparison quote. If each company quotes unequal deductibles or liability limits it’s not possible to truly determine the lowest rate in Greybull. Just a small difference in insurance coverages may result in a large different in cost. And when comparison shopping, obtaining a wide range of quotes will improve the odds of getting the best price.
What coverages do I need?
When it comes to buying the best car insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions might point out if you would benefit from an agent’s advice.
- What are Wyoming no-fault laws?
- What vehicles should carry emergency assistance coverage?
- Are my tools covered if they get stolen from my vehicle?
- What if I total my vehicle and owe more than it’s worth?
- Am I covered when driving in Canada or Mexico?
- At what point should I drop full coverage?
- Is my teen driver covered when they drive my company car?
- Do I need special endorsements for business use of my vehicle?
- How much liability do I need to cover my assets?
If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.
Coverages available on your car insurance policy
Understanding the coverages of your car insurance policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages found on the average car insurance policy.
Comprehensive car insurance – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as damage from getting keyed, falling objects and damage from a tornado or hurricane. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Coverage for medical expenses – Medical payments and Personal Injury Protection insurance pay for expenses for rehabilitation expenses, dental work, doctor visits, funeral costs and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your vehicle.
Because many people carry very low liability coverage limits (25/100/15), their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.
Liability coverages – Liability insurance can cover damages or injuries you inflict on other people or property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.
Liability coverage pays for things such as funeral expenses, repair costs for stationary objects, repair bills for other people’s vehicles, medical services and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible. Wyoming state law requires minimum liability limits of 25,000/100,000/15,000 but it’s recommended drivers buy higher limits.
Collision coverages – Collision insurance pays for damage to your vehicle resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision coverage protects against claims such as scraping a guard rail, crashing into a ditch and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.
And the best car insurance company is…
When buying insurance coverage, it’s not a good idea to buy less coverage just to save a little money. In too many instances, an insured dropped full coverage only to regret that they should have had better coverage. Your aim should be to get the best coverage possible at the best price, not the least amount of coverage.
Low-cost car insurance can be found both online as well as from independent agents in Greybull, so compare prices from both so you have a total pricing picture. Some insurance companies don’t offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
Learn more about car insurance in Wyoming
Additional detailed information is located at the Wyoming Insurance Department website. Visitors are able to find out industry alerts, find disaster information, read consumer alerts, and discover disciplinary actions.