Sick and tired of scraping the payment together to insure your Oldsmobile every month? You are no different than many other drivers.
There is such a variety of car insurance companies to choose from, and though it is a good thing to have a selection, it makes it harder to compare rates and find the lowest cost auto insurance.
Finding affordable coverage is easy if you know what you’re doing. In a nutshell, everyone who shops for auto insurance stands a good chance to be able to find lower rates. But drivers benefit from understanding the methods companies use to market on the web because it can help you find the best coverage.
Free Quotes for Auto Insurance
Most major insurance companies allow you to get pricing directly from their websites. Getting quotes is fairly straightforward as you just enter your coverage preferences into the quote form. Once you submit the form, the system will order information on your driving record and credit history and returns pricing information. This streamlines rate comparisons, but having to visit different websites and enter the same data into a form can get tiresome after awhile. But it’s absolutely necessary to get many rate quotes in order to get a better rate.
Isn’t there an easier way to compare rates?
An easier way to lower your auto insurance bill uses one simple form that obtains quotes from several companies at one time. It saves time, reduces the work, and makes online price comparison much easier. After your information is entered, it gets priced and you can choose your choice of the quotes returned. If you find a better price you can click and sign and purchase coverage. This process only takes a few minutes and may result in a nice savings.
If you want to find out what other companies charge, simply click here to open in new window and input your coverage information. If you have coverage now, it’s recommended you replicate the insurance coverages identical to your current policy. This ensures you will receive a price comparison using the exact same coverages.
Don’t overlook these eight discounts
Companies that sell car insurance do not list all available discounts in a way that’s easy to find, so we researched both the well known and also the lesser-known discounts you could be receiving.
- Save over 55 – Mature drivers may be able to get a discount up to 10% on Regency insurance.
- Pay Now and Pay Less – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
- Life Insurance Discount – Companies who offer life insurance give a discount if you purchase life insurance.
- Own a Home – Being a homeowner can help you save on auto insurance because maintaining a house demonstrates responsibility.
- Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
- Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
- Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on Regency insurance than their less cautious counterparts.
- One Accident Forgiven – A few companies allow you one accident before your rates go up as long as you don’t have any claims prior to the accident.
It’s important to note that most discount credits are not given to your bottom line cost. Most only cut specific coverage prices like liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, companies don’t profit that way.
For a list of insurers with the best auto insurance discounts, click here.
Won’t my local insurance agent miss me?
Certain consumers would prefer to buy from a licensed agent and there is nothing wrong with that. The best thing about getting online price quotes is that you can obtain the lowest rates but also keep your business local.
After filling out this form (opens in new window), the coverage information is instantly submitted to agents in your area who will battle to get your business. You don’t have to visit any agencies since price quotes are sent immediately to your email address. You can find the lowest rates and a licensed agent to work with.
Picking an provider should depend on more than just the price. Ask your prospective agent these questions:
- Do they specialize in personal lines coverage?
- What will you get paid if your car is a total loss? How is that amount determined?
- If your car is in the repair shop, do you have coverage for a rental car?
- Which company do they place the most coverage with?
- Are they full-time agents?
- Are they properly licensed to sell insurance in your state?
If you prefer to view licensed agents in your state, visit this site.
Upon receiving good answers to all your questions and a low price estimate, you may have just found an insurance company that meets your needs to provide auto insurance coverage. Just keep in mind policyholders can cancel your policy whenever you wish so never feel that you are obligated to a policy for the entire policy term.
Auto insurance coverage information
Knowing the specifics of your auto insurance policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverages available from auto insurance companies.
Coverage for medical expenses
Coverage for medical payments and/or PIP kick in for bills like X-ray expenses, surgery, dental work, rehabilitation expenses and funeral costs. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible
Liability insurance
This coverage provides protection from damage or injury you incur to other people or property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.
Liability insurance covers claims like legal defense fees, medical expenses, repair costs for stationary objects and structural damage. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.
Auto collision coverage
This coverage covers damage to your Regency resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as sustaining damage from a pot hole, scraping a guard rail, crashing into a building and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.
Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Comprehensive auto insurance
This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as hitting a deer, falling objects and vandalism. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
The best insurance company isn’t always the cheapest
Affordable Oldsmobile Regency insurance is available from both online companies in addition to many insurance agents, and you should compare price quotes from both to have the best selection. There are still a few companies who do not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.
When you buy insurance online, never buy less coverage just to save a little money. There are too many instances where consumers will sacrifice liability coverage limits and discovered at claim time that the savings was not a smart move. The proper strategy is to buy a smart amount of coverage at the best price while still protecting your assets.
