Get the Cheapest Car Insurance Quotes
You already know that you should take your time when buying a new automobile and shop around carefully. Often times people neglect to use the same care when it comes to buying auto insurance coverage. This can result in paying to much for a policy or getting overlapping coverage that you don’t need. One way to make sure you get the best plan at the best price is to get a Fred Loya quote online. You will receive up to 10 quotes, all at the lowest direct prices. This means you save more money and can evaluate multiple insurers from the comfort of your home. You really can get the cheapest car insurance quotes online because insurers offer direct rates than other sources like agents, brokers and adjusters can’t match. With quick Fred Loya quotes can save you $600 or more, in a matter of a few minutes.
Get the Insurance Coverage You Need
Getting cheaper auto insurance does not mean you purchased the right amount of auto insurance coverage. The entire intent of automobile insurance is to protect you from a financial calamity. Protecting your assets should be the objective when you get covered and not price alone. This means learning about the type of coverage you need to purchase and the limit amounts.
One of the main factors involved is the car you own
If your vehicle is 20 years old and is worth very little, you should get basic liability insurance. This will cover you from liability costs in most accidents while saving you a lot of money on insurance. If you have a good driving record, you can buy liability coverage for as little as $29 per month. Just get a free Fred Loya quote on-line and compare top insurers best rates.
On the flip side, if you are a wealthy person, with assets over $500,000 and drive a new car worth more than $30,000, then you are going to need more coverage. If you are under-insured and get into a major at-fault accident, there is a high likely hood that you will get sued. This means lawyers will target your assets to make up for damages done in an accident that you caused. A policy with a 1 million dollar limit should safely insure you from nearly every scenario, and it is not as expensive as you might think. A comprehensive insurance plan with a high limit of $1 million can be bought for as little as $3,000 per year.
There are a few things that you should ask yourself when you shop for car insurance. Does the policy you are buying allow you to handle the financial expenses after a major car accident? Are you overpaying for the car insurance plan you selected and are considering buying? If you answered yes to the first question and no to the second one then, you are in good shape. Remember, the whole idea of comparison shopping is to get you the absolute lowest price possible for the type of coverage you need. It is that simple.
As with any policy you are considering buying, shop around to get the lowest price. The best place to get fast and cheap quotes are online. There are some amazing contracts you can get from direct insurers like Fred Loya insurance. Just apply for the coverage you need, and you will be served up to 10 quotes instantly.
Buying the Best Auto Insurance Policy Online
You need auto insurance that complies with your specific state laws. It also needs to satisfy your lender or leaseholders terms, if the car is financed. Each state sets their rules, and it is your responsibility to abide by them. Don’t worry too much though. Most states have laws that govern liability limits and not more expensive comprehensive insurance. There are several coverages you can choose from. These include:
Liability
Collision
Comprehensive
Optional Medical Payments
Uninsured Motorist
GAP Insurance
Towing and Labor
Rental reimbursement
If you are leasing a vehicle, make sure you are aware of the car insurance requirements. You will presumably be required to purchase comprehensive insurance at a high limit.
Many people falsely believe that if your car is totaled in an accident, your car insurance will pay off the entire amount of the loan. This is not exactly accurate. Your insurer will pay off the current “fair value” of your vehicle. This means that if you owe $22,000 on your car, but it is only worth $19,000 then you will be responsible for paying the lender that gap amount of $3,000. This is why it is important to get gap auto coverage in situations like these. Gap insurance is not that expensive, and it can save you a lot of money if your vehicle is totaled in a crash.
Get a free Fred Loya quote and get all the discounts you need in only five minutes or less. The average consumer saves over $500, and it is even possible to get a better plan for less money at Fred Loya’s website. Get started now and see the savings for yourself.