Paying for high-priced auto insurance can overdraw your savings account and put the squeeze on your family’s finances. Comparing price quotes is free and is an excellent way to make sure you’re not throwing money away. Drivers have multiple insurance companies to choose from, and although it’s a good thing to have multiple companies, so many choices can make it hard to find the best rates.
Most companies such as Allstate, GEICO and Progressive quote coverage price quotes directly from their websites. Getting quotes doesn’t take a lot of time as you just enter your coverage information as detailed in the form. When complete, their rating system obtains reports for credit and driving violations and quotes a price determined by many factors. Quoting online makes comparing rates easy, but the work required to visit many different websites and enter the same data into a form is repetitive and time-consuming. But it is imperative to compare as many rates as possible if you want to find the lowest price.
An easier way to find better auto insurance pricing utilizes a single form that gets prices from multiple companies. It’s a real time-saver, requires less work, and makes rate comparisons much easier. As soon as you send your information, it gets priced and you can select any one of the quotes that you receive.
If a lower price is quoted, you can simply submit the application and buy the policy. This process takes less than 15 minutes and you’ll know if lower rates are available.
To fill out one form to compare multiple rates now, click here to open in a new tab and fill out the form. To compare your current rates, we recommend you input the coverages exactly as they are listed on your policy. This makes sure you will have a price comparison based on similar coverages.
Insurance can cost an arm and a leg, but there could be available discounts that you may not know about. Certain discounts will be triggered automatically at the time of purchase, but lesser-known reductions have to be requested specifically prior to getting the savings. If they aren’t giving you every credit you deserve, you are throwing money away.
A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like comprehensive or collision. So when the math indicates having all the discounts means you get insurance for free, it doesn’t quite work that way. But all discounts will cut the amount you have to pay.
To see a list of companies with discount auto insurance rates in Greenville, click this link.
Knowing the specifics of your policy helps when choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverages found on most auto insurance policies.
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as damage from getting keyed, damage from flooding, rock chips in glass and damage from a tornado or hurricane. The maximum payout your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Med pay and PIP coverage kick in for short-term medical expenses for chiropractic care, prosthetic devices and hospital visits. They are used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Liability coverage will cover damages or injuries you inflict on people or other property. This insurance protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.
Liability can pay for things such as medical expenses, medical services and bail bonds. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible. Mississippi requires drivers to carry at least 25,000/50,000/25,000 but you should think about purchasing more coverage.
Collision insurance will pay to fix damage to your vehicle resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as hitting a parking meter, colliding with another moving vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.
This provides protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your vehicle.
Due to the fact that many Mississippi drivers carry very low liability coverage limits (25/50/25 in Mississippi), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits are set the same as your liablity limits.
More information is located on the website for the Mississippi Insurance Department through this link. Mississippi consumers can read enforcement actions against agents and companies, view agent and company licensing information, and read state legal mandates and laws.