Buick Verano Insurance – 5 Discounts You Might be Unaware of

Have you fallen victim to overpriced car insurance? Believe me when I say there are many people just like you.

Many insurance companies compete for your hard-earned dollar, so it’s not easy to compare every insurer to discover the definitive lowest cost out there.

If you have car insurance now, you will be able to cut costs considerably using these methods. Finding affordable coverage is not rocket science. But consumers benefit from understanding how the larger insurance companies price online insurance because it can help you find the best coverage.

How to Compare Car Insurance Costs

The are a couple different ways of comparing price quotes and find the best price. The best method to compare insurance prices consists of shopping online. This is very easy and can be done in several different ways.

The most efficient way to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This easy form prevents you from having to do separate quotation requests for each company you want a rate for. Just one form will return price quotes instantly.
Another way to shop for car insurance online is going to each company’s website to request a price quote. For instance, let’s say you want to compare Allstate, Esurance and Progressive. To get rate quotes you would need to go to every website to input your insurance information, which is why the first method is more popular.
For a list of links to insurance companies in your area, click here.
The hardest method of getting rate comparisons is driving to different agent offices. The ability to buy insurance online makes this process obsolete unless you want the professional guidance of a local agent. You can, however, find lower rates online and get advice from an agent in your area.

It’s up to you how you get prices quotes, just ensure you’re using the exact same deductibles and coverage limits for each price quote. If you compare higher or lower deductibles then you won’t be able to truly determine the lowest rate. Having just a slight variation in coverages can result in a big premium difference. Keep in mind that quoting more will improve the odds of getting the best offered rates.

Discounts can save BIG

Car insurance companies don’t always publicize all available discounts in a way that’s easy to find, so we break down both well-publicized and also the lesser-known discounts you could be receiving.

Homeowners Savings – Simply owning a home may trigger a car insurance policy discount because maintaining a house is proof that your finances are in order.
Sign Online – A few companies give back up to $50 for buying a policy and signing up on their website.
Military Discounts – Being on active duty in the military can result in better rates.
Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.

Consumers should know that some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, you’re out of luck.

To choose providers with the best car insurance discounts, click this link.

What happened to insurance agents?

Some people would prefer to talk to a local agent and that is a personal choice. One of the great benefits of getting online price quotes is you can get lower rates but also keep your business local.

To help locate an agent, after submitting this short form, the quote information is emailed to participating agents who will return price quotes for your business. You don’t have to even leave your home due to the fact that quote results will go to the email address you provide. How cool is that?! Get lower rates and an insurance agent to talk to.

Selecting an provider shouldn’t rely on just a cheap price. Some important questions to ask are:

Do they have any clout with companies to ensure a fair claim settlement?
Are there any hidden costs in their price quote and does it include driving and credit history?
How often do they review policy coverages?
Do they specialize in personal lines coverage?
What insurance company do they write the most business with?
Who is covered by the car insurance policy?
Do they feel the quoted coverages are adequate?
Are glass claims handled on-site or do you have to take your vehicle to a repair shop?

Auto insurance agents come in two varieties

When searching for a good insurance agent, you need to know there are two different types of agents to choose from. Agencies are classified as either captive or independent. free insurance quote

Agency Captives

Captive insurance agents can only place business with one company such as American Family, State Farm and Allstate. They generally cannot give you multiple price quotes so always compare other rates. Captives receive extensive training on their products and sales techniques which helps them sell insurance even at higher premiums.

Independent Agents (or Brokers)

Independent agents do not work for one specific company but instead can place your coverage with multiple insurance companies and potentially find a lower price. If your agent finds better pricing, your agent can switch companies and you won’t have to switch agencies.

When searching for an agent, you should always include price quotes from at least one independent agent to have the most options to choose from.

To view a complete directory of insurance agents, visit this page.

Upon getting positive feedback for all questions you ask and locked in a price quote, you have narrowed it down to a car insurance agent that can provide car insurance coverage.

Car insurance coverage basics

Learning about specific coverages of a car insurance policy can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages offered by car insurance companies.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance provide coverage for expenses such as rehabilitation expenses, EMT expenses and surgery. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance – Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like theft, hail damage, vandalism and falling objects. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverages – This coverage provides protection from injuries or damage you cause to a person or their property by causing an accident. It protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as repair costs for stationary objects, medical expenses, pain and suffering, emergency aid and loss of income. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Collision coverage – Collision insurance covers damage to your Verano from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as crashing into a building, sideswiping another vehicle, damaging your car on a curb, hitting a mailbox and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Buick Verano.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

What is YOUR best insurance company?

Lower-priced Buick Verano insurance is possible from both online companies and also from your neighborhood agents, and you should be comparing both to get a complete price analysis. Some car insurance companies may not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

As you go through the steps to switch your coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed collision coverage and discovered at claim time they didn’t purchase enough coverage. The aim is to buy enough coverage for the lowest price.