Wish you could get out of overpriced car insurance? Believe me, many consumers feel financially strained by their car insurance policy. Because there are so many car insurance companies to choose from, it’s difficult to locate the right insurance company.
It’s smart to take a look at other company’s rates before your policy renews because prices are constantly changing. Even if you got the best price on Tiburon insurance a year ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because it’s time to teach you the easiest way to save on car insurance.
The most recommended method to compare car insurance rates is to know the fact most larger insurance companies have advanced systems to give rate comparisons. All you need to do is provide a small amount of information like if you went to college, deductibles desired, the make and model of your vehicles, and an estimate of your credit level. Your information is instantly submitted to insurance companies and they return rate quotes immediately.
To find lower rates now, click here and enter your coverage details.
Nine discounts to earn lower car insurance rates
Some insurers do not advertise every available discount very well, so the list below gives a summary of some of the more common in addition to some of the lesser obvious ways to save on car insurance. If you check and find you aren’t receiving every discount available, it’s possible you qualify for a lower rate.
- Drive Safe and Save – Drivers without accidents can pay as much as 50% less on Tiburon insurance compared to rates paid by drivers with frequent claims.
- Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more on medical payment and PIP coverage.
- Federal Government Employee – Active or former government employment could cut as much as 10% off on Tiburon insurance with certain companies.
- New Car Discount – Insuring a new car can cost up to 25% less because newer models keep occupants safer.
- Safety Course Discount – Participating in a defensive driver course is a good idea and can lower rates and easily recoup the cost of the course.
- Discount for Swiching Early – Some insurance companies provide a discount for renewing your policy prior to your current policy expiration. It can save you around 10%.
- Accident Waiver – Not really a discount, but a few companies such as Allstate and GEICO will allow you to have one accident before they charge you more for coverage with the catch being you have to be claim-free prior to being involved in the accident.
- Good Students Pay Less – Being a good student may save as much as 25% on a . Earning this discount can benefit you up until you turn 25.
- Auto/Life Discount – Not all car insurance companies offer life insurance, but some may give you a discount if you purchase life insurance from them.
It’s important to note that most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as comprehensive or collision. So despite the fact that it appears you would end up receiving a 100% discount, it doesn’t quite work that way.
If you would like to view companies that offer some of these discounts, click this link.
Tailor your car insurance coverage to you
When buying proper insurance coverage, there really is no “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that can help discover if your situation might need an agent’s assistance.
- What companies insure drivers after a DUI or DWI?
- Do I have coverage for damage caused while driving under the influence?
- Which companies will insure high-risk drivers?
- What should my uninsured motorist coverage limits be in my state?
- Is my cargo covered for damage or theft?
- Can my teen driver be rated on a liability-only vehicle?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier
Car insurance coverages and their meanings
Understanding the coverages of car insurance aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Shown next are typical coverages offered by car insurance companies.
Auto liability
Liability coverage protects you from damage or injury you incur to other people or property. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability coverage pays for things like medical services, structural damage and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.
UM/UIM Coverage
This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as damage to your Hyundai Tiburon.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally the UM/UIM limits are identical to your policy’s liability coverage.
Comprehensive or Other Than Collision
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for things like vandalism, theft, hail damage and hitting a deer. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Collision coverage
Collision coverage will pay to fix damage to your Tiburon caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like colliding with another moving vehicle, damaging your car on a curb, backing into a parked car and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.
Medical costs insurance
Med pay and PIP coverage reimburse you for bills like pain medications, chiropractic care, rehabilitation expenses and ambulance fees. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
