When hopping behind the wheel, most people assume they'll travel safely from point A to point B. But unfortunately, that's not always the case. Driving accidents usually occur when they're least expected, and even a minor fender-bender can lead to high-cost repair bills or escalated medical expense.
That's why auto insurance is so important. By offering physical and financial protection for that fateful day when a mishap just can't be avoided, this type of insurance pays medical or car repair bills when they're needed most—as long as protection is adequate.
Taking a Closer Look
When shopping online for the right insurance protection, it's important to examine both lifestyle and budget before signing on the dotted line. Keep in mind that each situation is unique, so making the right decision about which coverage types to purchase depends in large part on a person's finances.
For instance, take a look at income and debts. For the household that is already struggling to make ends meet, this probably isn't the time to skimp on coverage. Instead, with only slightly higher premiums, most people can add uninsured motorist or additional liability protection to their basic motor policy, possibly saving hundreds or even thousands of dollars in case of an accident.
Other factors to consider when deciding which auto coverage to purchase include:
* Assets owned
* Dependent family members
* Emergency funds or savings accrued
Since each of these factors help determine a person's ability to bounce back during financial setback, getting a handle on finances and disposable income really helps when choosing the right insurance plan.
Monitoring Changes—and Your Car Insurance Policy
Once a policy has been selected based on personal finances, car insurance coverage should be examined at least once a year to determine whether or not changes are due. As life situations shift, particular coverages may no longer be necessary; while a need for others may prove a wise substitute.
As changes like the following occur, we recommend checking with an insurance agent to help ensure adequate coverage 365 days a year.
1. Marriage
2. Divorce
3. Pregnancy
4. Home purchase
5. Car purchase
6. Job change
7. New business purchase
8. Loss of income
9. Support of elderly parent or other relative
10. Retirement
Changes like these can have substantial impact on the amount of car coverage needed and the price of insurance premiums. For example, when couples marry, they become one—and so do their auto insurance policies—often leading to lower insurance rates.
When older policyholders retire, certain coverages may no longer be necessary. One car may also be sufficient now, causing rates to drop along with annual mileage—which means additional policy discounts.
When moving to a new home, insurance rates may fluctuate up or down, depending on the home's location and the driving records of other drivers in the area. Before buying or renting a new home, find out how making that particular move will affect car insurance rates.
Thursday, July 14, 2011
Online Car Insurance Quotes in 5 Easy Steps
With the tough economy we're all facing, most of us need help cutting costs wherever possible—and requesting insurance quotes is one of the best ways to save as much as 30 to 40 percent off online car premiums.
For those who've never explored this avenue to cheaper insurance rates, don't let confusion keep you from getting insured. It simply takes a small investment of time and information to get cheap rates online and protect yourself on the road. Let InsureMe help you get those quotes quickly and easily!
Setting Goals & Getting Informed
Before requesting online car insurance quotes, it's important to know what you're aiming for and how you intend to get there. To achieve this, we suggest setting goals for finding the right insurance quotes and keeping them at the forefront while shopping online. Use these as a guide:
1. Get the most car coverage for the lowest quotes
2. Find a financially strong company with a positive reputation
3. Find an insurer that's friendly, helpful and responsive
With these goals in mind, the next options are to speak with an agent on the phone or in person, or to converse by email. The preferred method of interaction often depends on age. Younger adults tend to like dealing with car agents and getting quotes online, while middle-aged and senior citizens often prefer face-to-face interaction.
Regardless how shopper and agent interact, before speaking with local car agents and requesting quotes, it's important to know what kind of car coverage is available online—and how much of each type is required in the state of residence. To get this information, visit the appropriate state department of insurance to cover all the bases. This preventative measure helps protect the car, driver, passengers and household finances following accidents involving claims.
5 Steps to Online Car Insurance Quotes
Once goals have been set and information gathered, online car insurance quotes can be collected within a matter of hours. By entering some basic information, multiple car insurance companies with the right types of policies and quotes can connect with consumers searching online. Some would say it's a match made in heaven!
With quotes in hand, take these steps to getting the right coverage online.
* Step #1: Compare car policies side by side. Look at the types of coverage provided and the cost of each from one insurer to another. Consider individual needs and determine if anything is lacking.
* Step #2: Compare car quotes and premiums. Remember the first goal, getting the most coverage for the lowest premium, and rate all quotes in relation to the others and overall premium cost.
* Step #3: Compare online car insurance carriers. Using state insurance department records and independent rating companies found online, examine each carrier's reputation, licensing, complaint ratio and customer service record.
* Step #4: Compare car insurance discounts. Each insurer offers its own car discounts, so compare the discounts applied from one company to another and determine the amount that can be saved with each policy. If one insurer offers better coverage but not as many discounts, ask if additional discounts can be applied.
* Step #5: Choose the insurance policy that best achieves the goals initially set.
Get Protected Affordably
Don't let confusion or lack of knowledge keep needed insurance at arm's length. Instead, set goals, get informed and compare quotes online. It'll keep everyone protected—affordably.
For those who've never explored this avenue to cheaper insurance rates, don't let confusion keep you from getting insured. It simply takes a small investment of time and information to get cheap rates online and protect yourself on the road. Let InsureMe help you get those quotes quickly and easily!
Setting Goals & Getting Informed
Before requesting online car insurance quotes, it's important to know what you're aiming for and how you intend to get there. To achieve this, we suggest setting goals for finding the right insurance quotes and keeping them at the forefront while shopping online. Use these as a guide:
1. Get the most car coverage for the lowest quotes
2. Find a financially strong company with a positive reputation
3. Find an insurer that's friendly, helpful and responsive
With these goals in mind, the next options are to speak with an agent on the phone or in person, or to converse by email. The preferred method of interaction often depends on age. Younger adults tend to like dealing with car agents and getting quotes online, while middle-aged and senior citizens often prefer face-to-face interaction.
Regardless how shopper and agent interact, before speaking with local car agents and requesting quotes, it's important to know what kind of car coverage is available online—and how much of each type is required in the state of residence. To get this information, visit the appropriate state department of insurance to cover all the bases. This preventative measure helps protect the car, driver, passengers and household finances following accidents involving claims.
5 Steps to Online Car Insurance Quotes
Once goals have been set and information gathered, online car insurance quotes can be collected within a matter of hours. By entering some basic information, multiple car insurance companies with the right types of policies and quotes can connect with consumers searching online. Some would say it's a match made in heaven!
With quotes in hand, take these steps to getting the right coverage online.
* Step #1: Compare car policies side by side. Look at the types of coverage provided and the cost of each from one insurer to another. Consider individual needs and determine if anything is lacking.
* Step #2: Compare car quotes and premiums. Remember the first goal, getting the most coverage for the lowest premium, and rate all quotes in relation to the others and overall premium cost.
* Step #3: Compare online car insurance carriers. Using state insurance department records and independent rating companies found online, examine each carrier's reputation, licensing, complaint ratio and customer service record.
* Step #4: Compare car insurance discounts. Each insurer offers its own car discounts, so compare the discounts applied from one company to another and determine the amount that can be saved with each policy. If one insurer offers better coverage but not as many discounts, ask if additional discounts can be applied.
* Step #5: Choose the insurance policy that best achieves the goals initially set.
Get Protected Affordably
Don't let confusion or lack of knowledge keep needed insurance at arm's length. Instead, set goals, get informed and compare quotes online. It'll keep everyone protected—affordably.
Choosing Cheap Online Car Insurance That Fits Your Life
Driving and maintaining even a cheap car can be rather expensive. Add up the cost of fuel, repairs and maintenance, and it might just be cheaper to take public transportation instead.
But for those who enjoy the freedom and independence driving offers, there's one expense associated with operating a car that's relatively cheap—if you know where to go and how to find it: cheap online car insurance.
Available to almost everyone, this type of coverage protects the driver, passengers and car—and offers a much-needed financial safety net no driver can afford to live without.
Getting Educated on Car Insurance
When buying car insurance online, the goal is to assemble a package deal containing the coverage most applicable to car and driver. But since many people aren't sure what they need for optimal protection—and what extras they could feasibly live without—they don't have a clue how to find it online.
Before trying to determine the coverage needed, there are a few important facts all drivers should know.
* Each state sets its own minimum liability limits that must be carried. When buying cheap online car insurance, it's important to know those minimums and make sure they're met in the state of residence by shopping online.
* Most experts recommend buying cheap online coverage based on personal situation and budget, rather than minimums required. For drivers involved in major accidents, those low-level online coverages aren't likely to pay for all the damages or injuries—and that could lead to huge accident-related bills no one is prepared to pay.
* When another driver causes an accident, it's the role of each driver's insurance company to pursue the at-fault party and their insurance provider for benefits online. So getting a cheap policy is important, but finding a top provider who's there when you need them is even more important.
In the end, finding the right policy takes a bit of knowledge and research…but that's time well spent when it comes to keeping everyone protected.
Choosing the Right Kind of Coverage
Standard coverages included in most policies include:
1. Bodily Injury Liability—Protects you financially when someone else gets injured or killed
2. Property Damage Liability—Covers the damage you cause to someone else's property
3. Collision—Pays for damage to your car as a result of colliding with another car or object
4. Comprehensive—Pays for damage to your car caused by something other than collision
5. Medical Payments—Covers your personal medical bills resulting from an accident, whether cheap or expensive
6. Underinsured/Uninsured Motorist—Pays the cost of damages and injuries that result when hit by a driver without cheap insurance, or without enough insurance to cover the bills
When considering coverages individually, make sure the cheap protection offered matches need. While it's important to get the right level of coverage, it also doesn't make sense to pay for some protections—especially when eliminating them could bring significant savings.
But for those who enjoy the freedom and independence driving offers, there's one expense associated with operating a car that's relatively cheap—if you know where to go and how to find it: cheap online car insurance.
Available to almost everyone, this type of coverage protects the driver, passengers and car—and offers a much-needed financial safety net no driver can afford to live without.
Getting Educated on Car Insurance
When buying car insurance online, the goal is to assemble a package deal containing the coverage most applicable to car and driver. But since many people aren't sure what they need for optimal protection—and what extras they could feasibly live without—they don't have a clue how to find it online.
Before trying to determine the coverage needed, there are a few important facts all drivers should know.
* Each state sets its own minimum liability limits that must be carried. When buying cheap online car insurance, it's important to know those minimums and make sure they're met in the state of residence by shopping online.
* Most experts recommend buying cheap online coverage based on personal situation and budget, rather than minimums required. For drivers involved in major accidents, those low-level online coverages aren't likely to pay for all the damages or injuries—and that could lead to huge accident-related bills no one is prepared to pay.
* When another driver causes an accident, it's the role of each driver's insurance company to pursue the at-fault party and their insurance provider for benefits online. So getting a cheap policy is important, but finding a top provider who's there when you need them is even more important.
In the end, finding the right policy takes a bit of knowledge and research…but that's time well spent when it comes to keeping everyone protected.
Choosing the Right Kind of Coverage
Standard coverages included in most policies include:
1. Bodily Injury Liability—Protects you financially when someone else gets injured or killed
2. Property Damage Liability—Covers the damage you cause to someone else's property
3. Collision—Pays for damage to your car as a result of colliding with another car or object
4. Comprehensive—Pays for damage to your car caused by something other than collision
5. Medical Payments—Covers your personal medical bills resulting from an accident, whether cheap or expensive
6. Underinsured/Uninsured Motorist—Pays the cost of damages and injuries that result when hit by a driver without cheap insurance, or without enough insurance to cover the bills
When considering coverages individually, make sure the cheap protection offered matches need. While it's important to get the right level of coverage, it also doesn't make sense to pay for some protections—especially when eliminating them could bring significant savings.
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