Cutting costs on Coppell auto insurance is always challenging for consumers not familiar with buying insurance online. Consumers have so many choices that it can be a ton of work to compare prices in Coppell.
Finding Auto Insurance Deals in Coppell, Texas
Comparing auto insurance rates is a ton of work if you don’t know the most efficient way to do it. You can waste hours discussing policy coverages with local insurance agents in Coppell, or you could save time and use the web to achieve your goal.
Many insurance companies are enrolled in a marketplace that allows shoppers to enter their policy data once, and each participating company can give them a price for coverage. This eliminates the need for quote requests to each company.
To find out what other companies charge click to open in new window.
The one disadvantage to using this type of form is you can’t choose which providers you will receive quotes from. If you would rather choose specific insurance companies to request quotes from, we have a listing of the cheapest auto insurance companies in Texas. Click here for list of insurance companies in Texas.
It’s up to you how you get prices quotes, just make darn sure you compare the exact same coverages for every company. If you have unequal deductibles or liability limits it will be very difficult to make a fair comparison in Coppell. Slightly different coverages may result in a large different in cost. Keep in mind that quoting more will enable you to find the best offered rates.
Cut your auto insurance rates with these ten discounts
Companies that sell car insurance don’t always publicize all available discounts in an easy-to-find place, so we break down some of the more common and also the lesser-known savings tricks you should be using.
- Employee of Federal Government – Employees or retirees of the government may qualify you for a discount with select insurance companies.
- Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
- Military Discounts – Being on active duty in the military can result in better rates.
- Discount for Life Insurance – Larger companies have lower rates if you buy auto and life insurance together.
- Claim Free – Drivers with accident-free driving histories pay much less when compared to bad drivers.
- E-sign – A handful of insurance companies will discount your bill up to fifty bucks for buying your policy online.
- Good Student – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
- Anti-lock Brake Discount – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
- Air Bag Discount – Cars that have air bags or motorized seat belts can receive discounts of more than 20%.
- Anti-theft System – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way.
To choose providers with discount auto insurance rates in Texas, click this link.
You are unique and your auto insurance should be too
When choosing the best auto insurance coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that can aid in determining whether you would benefit from professional advice.
- Is my nanny covered when driving my vehicle?
- Why does it cost so much to insure a teen driver in Coppell?
- Are my friends covered when driving my vehicle?
- Is business property covered if stolen from my car?
- Is my vehicle covered for smoke damage?
- Can I rate high risk drivers on liability-only vehicles?
If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.
Can you really save $400 a year?
Auto insurance providers like Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. They all have a common claim of big savings if you move your coverage to them. How can each company claim to save you money?
All companies have a preferred profile for the driver they prefer to insure. For instance, a driver they prefer could be a mature driver, is a homeowner, and drives less than 7,500 miles a year. A driver who meets those qualifications will get very good rates and most likely will save quite a bit of money when switching.
Drivers who don’t meet the requirements must pay higher prices which leads to business going elsewhere. The ad wording is “drivers who switch” not “people who quote” save money. That’s the way insurance companies can advertise the way they do. This illustrates why you absolutely need to get a wide range of price quotes. It’s not possible to predict which company will provide you with the cheapest rates.
Specific coverages
Understanding the coverages of a auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.
Auto liability insurance
This coverage can cover injuries or damage you cause to other people or property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.
Liability coverage protects against claims such as bail bonds, attorney fees, pain and suffering, medical expenses and structural damage. How much coverage you buy is up to you, but you should buy as large an amount as possible. Texas state minimum liability requirements are 30,000/60,000/25,000 but drivers should carry higher limits.
Coverage for medical expenses
Med pay and PIP coverage provide coverage for immediate expenses like pain medications, ambulance fees, hospital visits, EMT expenses and chiropractic care. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay
Coverage for collisions
Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as colliding with another moving vehicle, hitting a parking meter and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to choose a higher deductible to bring the cost down.
Coverage for uninsured or underinsured drivers
This coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your vehicle.
Due to the fact that many Texas drivers have only the minimum liability required by law (Texas limits are 30/60/25), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.
Comprehensive auto insurance
This coverage will pay to fix 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 claims such as falling objects, fire damage, hail damage and hitting a deer. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Compare but don’t skimp
While you’re price shopping online, it’s a bad idea to sacrifice coverage to reduce premiums. There are too many instances where an insured cut comprehensive coverage or liability limits only to discover later that they should have had better coverage. Your focus should be to get the best coverage possible for the lowest price while not skimping on critical coverages.
Cost effective auto insurance can be purchased online as well as from independent agents in Coppell, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who don’t offer the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.
People switch companies for many reasons like high rates after DUI convictions, denial of a claim, being labeled a high risk driver or lack of trust in their agent. It doesn’t matter why you want to switch finding a new auto insurance company can be less work than you think.
Even more information can be found at the Texas Department of Insurance website. Texas consumers can download brochures, find out which companies have the most complaints, find out industry alerts, and view agent and company licensing information.
Additional helpful sites include this page for Texas auto insurance and this link where you can get more info about Coppell auto insurance.