Have you fallen victim to an underperforming, overpriced car insurance policy? Trust us, you’re not alone. You have so many insurers to pick from, and although it’s a good thing to have a choice, so many choices can make it hard to find the best rates for your vehicles.
It is always a good idea to compare rates at least once a year since rates tend to go up over time. Just because you found the lowest rates a couple years back there may be better deals available now. So block out anything you think you know about car insurance because it’s time to teach you the quickest way to find lower rates on car insurance.
Finding affordable coverage in Bethel is not that difficult. If you have a policy now or need new coverage, you can use these tips to get lower rates and still get good coverage. Alaska vehicle owners just need to know the proper methods to get comparison rates over the internet.
Companies offering auto insurance don’t always advertise all available discounts in an easy-to-find place, so we researched some of the more common and also the lesser-known savings tricks you should be using. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.
It’s important to understand that most discount credits are not given to the entire policy premium. Some only reduce individual premiums such as medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, it just doesn’t work that way.
To see a list of insurance companies with the best car insurance discounts in Alaska, follow this link.
When buying the best car insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. These are some specific questions could help you determine if you would benefit from an agent’s advice.
If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.
Having a good grasp of your car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverage types offered by car insurance companies.
This pays for damage to your vehicle resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.<img class="alignright" style="padding-top:15px" src="https://www.findnewcarinsurance.com/wp-content/uploads/ci175-48.jpg" alt="Bethel AK insurance quotes” />
Collision can pay for things like colliding with a tree, crashing into a building, sideswiping another vehicle, rolling your car and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.
Liability insurance provides protection from damages or injuries you inflict on a person or their property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.
Liability coverage protects against things such as funeral expenses, attorney fees and medical expenses. How much coverage you buy is a personal decision, but consider buying as large an amount as possible. Alaska requires drivers to carry at least 50,000/100,000/25,000 but you should think about purchasing more liability than the minimum.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance kick in for bills for X-ray expenses, chiropractic care, prosthetic devices and surgery. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against things like hail damage, vandalism and fire damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your vehicle.
Since a lot of drivers only carry the minimum required liability limits (50/100/25 in Alaska), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Even more information is located at the Alaska Division of Insurance website. Alaska drivers can read consumer alerts, file complaints about a company, file complaints about an insurance agent or broker, and view agent and company licensing information.
Other useful links include III.org’s auto insurance page and this list of insurance agents in Bethel.
As you prepare to switch companies, do not skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut comprehensive coverage or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find at a price you can afford.
We just showed you a lot of ways to reduce car insurance prices online. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. Consumers may even find the lowest rates come from some of the lesser-known companies. Some small companies may cover specific market segments cheaper than their larger competitors like Allstate or State Farm.