Do you want low-cost auto insurance rates in Corcoran, CA? Corcoran drivers have a choice when trying to find low-cost car insurance. You can either spend your time contacting agents trying to get quotes or use the internet to make rate comparisons.
There is a right way and a wrong way to compare auto insurance rates and you need to know the quickest way to quote coverages for a new or used and find the lowest possible price.
Smart consumers take time to do rate comparisons once or twice a year due to the fact that insurance prices tend to go up over time. Just because you had the lowest quotes on auto insurance a year ago the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about auto insurance because it's time to teach you one of the easiest ways to find lower rates on auto insurance.
These tips will introduce you to the best way to buy inexpensive car insurance and some tips to save money. If you are already insured, you should be able to get lower rates using the techniques covered below. Shoppers only have to learn the most time-saving way to shop for car insurance using one simple form.
Reducing your insurance rates is a great way to save money. Just invest a little time to get quotes online from several insurance companies.
The following companies offer price comparisons in Corcoran, CA. To buy cheap car insurance in California, we suggest you click on several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT Crew Cab 2WD||$1,028||$514||$86|
|Chevrolet Silverado LS Extended Cab 2WD||$1,302||$651||$109|
|Dodge Ram Crew Cab SLT 2WD||$1,246||$623||$104|
|Ford Escape XLS 2WD||$992||$496||$83|
|Ford F-150 Lariat King Ranch 2WD||$1,226||$613||$102|
|Ford Focus SE 4-Dr Sedan||$1,680||$840||$140|
|GMC Sierra SLT Extended Cab 2WD||$1,406||$703||$117|
|Honda Accord EX-L 4-Dr Sedan||$1,568||$784||$131|
|Honda CR-V LX 2WD||$1,324||$662||$110|
|Honda Civic SI 2-Dr Coupe||$2,006||$1,003||$167|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,620||$810||$135|
|Toyota Camry XLE||$1,638||$819||$137|
|Toyota Corolla XLE||$1,280||$640||$107|
|Volkswagen Jetta 2.0T 4-Dr Sedan||$1,698||$849||$142|
|Get Your Own Custom Quote Go|
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Price estimates do not factor in vehicle garaging location which can change premium rates substantially.
Policy deductible comparison
The example below shows how different deductible levels and can increase or decrease Ford F-150 insurance costs for different categories of driver ages. The data is based on a single male driver, full coverage, and no discounts are applied to the premium.
Ford F-150 rates are for example purposes only. To get rates for your specific vehicle, click here.
Full coverage rates compared to liability only
The example below visualizes the comparison of Honda Accord car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no violations or claims, $500 deductibles, married female driver, and no discounts are taken into consideration.
Honda Accord rates are for example purposes only. To get rates for your specific vehicle, click here.
Are you wasting money paying for full coverage?
There is no clear-cut formula of when to stop paying for full coverage, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.
For example, let's assume your Honda Accord replacement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,000 after paying your deductible. If you are paying more than $700 a year for physical damage coverage, then it might be time to buy liability only.
There are a few cases where dropping full coverage is not a good plan. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Why auto insurance is not optional
Despite the high cost of buying insurance in Corcoran, maintaining insurance is most likely required but also gives you several important benefits.
First, almost all states have mandatory insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance in order to drive the car legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your vehicle has a lienholder, most lenders will make it mandatory that you buy full coverage to guarantee loan repayment. If you do not keep the policy in force, the lender will be forced to insure your vehicle for a lot more money and make you pay a much higher amount than you were paying before.
Third, auto insurance preserves both your vehicle and your personal assets. Insurance will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability coverage will also pay attorney fees if you are sued as the result of an accident. If mother nature or an accident damages your car, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of insuring your vehicle more than cancel out the cost, specifically if you ever have a liability claim. But the average driver in California is overpaying over $830 a year so it's recommended you shop around at every renewal to be sure current rates are still competitive.
Take these six policy discounts and save on car insurance
Companies offering auto insurance don't list all available discounts very clearly, so the following list contains a few of the more common and also the lesser-known credits available to bring down your rates. If you do not double check each discount you qualify for, you could be paying more than you need to.
- Anti-lock Brakes - Cars equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
- Telematics Data - Insureds who allow their insurance company to scrutinize vehicle usage remotely such as Drivewise from Allstate or Snapshot from Progressive could possibly reduce rates if they show good driving skills.
- Bundle and Save - When you have multiple policies with the same company you may earn 10% to 20% off each policy.
- Senior Citizen Rates - Drivers that qualify as senior citizens can possibly qualify for a discount up to 10%.
- Active Service Discounts - Having an actively deployed family member could qualify you for better premium rates.
- Passive Restraints and Air Bags - Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of 20 to 30 percent.
Discounts reduce rates, but you should keep in mind that most discount credits are not given to the overall cost of the policy. Most only cut individual premiums such as liability, collision or medical payments. So even though you would think having all the discounts means you get insurance for free, companies don't profit that way.
A few popular companies and the discounts they provide are:
- State Farm offers discounts including Steer Clear safe driver discount, accident-free, anti-theft, safe vehicle, driver's education, Drive Safe & Save, and multiple policy.
- GEICO may have discounts that include driver training, multi-policy, defensive driver, air bags, and daytime running lights.
- Liberty Mutual may offer discounts for safety features, newly married, new move discount, newly retired, multi-car, preferred payment discount, and good student.
- The Hartford offers discounts for good student, air bag, driver training, anti-theft, vehicle fuel type, bundle, and defensive driver.
- MetLife policyholders can earn discounts including defensive driver, accident-free, good driver, multi-policy, claim-free, and good student.
- Progressive discounts include online signing, online quote discount, multi-policy, homeowner, and multi-vehicle.
Check with every insurance company which credits you are entitled to. Depending on the company, some discounts might not be offered on policies in every state.
Which policy gives me the best coverage?
When quoting and choosing coverage for your personal vehicles, there isn't really a "best" method to buy coverage. Each situation is unique and your car insurance should unique, too. These are some specific questions may help highlight if your situation will benefit from professional help.
- When does my teenage driver need to be added to my policy?
- What does medical payments coverage do?
- Does my vehicle need full coverage?
- What is the difference between personal and commercial auto insurance policies?
- Should I bundle my homeowners policy with my auto?
- When would I need rental car insurance?
If you're not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.
Learn about car insurance coverages
Knowing the specifics of your car insurance policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverage types found on most car insurance policies.
Coverage for collisions
This coverage pays for damage to your vehicle from colliding with another car or object. A deductible applies then your collision coverage will kick in.
Collision can pay for things like colliding with a tree, scraping a guard rail and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.
This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like hail damage, damage from flooding, hitting a bird and theft. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it's not worth carrying full coverage.
Auto liability insurance
Liability coverage provides protection from damages or injuries you inflict on a person or their property. This coverage protects you from legal claims by others, and doesn't cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 15/30/5 which means a $15,000 limit per person for injuries, a limit of $30,000 in injury protection per accident, and a limit of $5,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage pays for claims such as funeral expenses, loss of income, repair bills for other people's vehicles, legal defense fees and bail bonds. How much liability should you purchase? That is up to you, but you should buy as much as you can afford. California requires drivers to carry at least 15/30/5 but you should think about purchasing higher limits.
Coverage for medical payments
Coverage for medical payments and/or PIP kick in for bills for things like chiropractic care, X-ray expenses, rehabilitation expenses, funeral costs and dental work. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP is not universally available and may carry a deductible
Uninsured and underinsured coverage
Your UM/UIM coverage protects you and your vehicle's occupants when the "other guys" either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your vehicle.
Due to the fact that many California drivers only purchase the least amount of liability that is required (15/30/5), their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Frequently these limits are similar to your liability insurance amounts.
Persistence is the key to affordable rates
Cost effective auto insurance is definitely available from both online companies and from local insurance agents, so get free Corcoran auto insurance quotes from both of them so you have a total pricing picture. There are still a few companies who don't offer the ability to get a quote online and most of the time these smaller providers sell through independent agents.
In this article, we presented some good ideas how to save on auto insurance in Corcoran. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Drivers may even discover the most savings is with an unexpected company. Some small companies can often provide lower rates in certain areas compared to the large companies like State Farm or Progressive.
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- Collision Coverage (Liberty Mutual)
- Auto Insurance FAQ (Farmers Insurance)
- Get the Right Protection (InsureUonline.org)
- Can I Drive Legally without Insurance? (Insurance Information Institute)