Trying to find better insurance prices for a new or used Ford E150 Econoline Van in Texas can be a painful process, but you can follow a few tricks and make it easy. There is a right way and a wrong way to buy car insurance and you need to know the best way to get price quotes for a new or used Ford and locate the lowest price.
It is always a good idea to get comparison quotes at least once a year because insurance rates tend to go up over time. Just because you had the best deal on E150 Econoline van insurance on your last policy a different company probably has better rates today. There is a lot of wrong information about car insurance online but by reading this article, you’re going to learn some solid techniques on how to quit paying high car insurance rates.
Finding the best rates is easy if you know what you’re doing. Essentially everyone who is shopping for car insurance should be able to save money. But Texas drivers can benefit by having an understanding of how the larger insurance companies market on the web.
Compare the Market for Car Insurance in Texas
Shopping for lower car insurance rates can be challenging if you don’t know the most efficient way. You could waste time talking about coverages with agents in your area, or you can stay home and use online quoting to get rates in a matter of minutes.
Most major companies belong to an insurance system that enables customers to submit one quote, and each company provides a quote. This system prevents you from having to do quote requests for every car insurance company.
To find out how much you can save on car insurance click here to open in new window.
The single downside to getting quotes like this is you cannot specify which companies to get quotes from. So if you prefer to pick specific providers for rate comparison, we have a listing of companies who write car insurance in Texas. View list of Texas insurance companies.
Whichever way you use, ensure you’re using identical coverage information with every price quote. If you enter differing limits it’s not possible to truly determine the lowest rate. Just a small difference in coverages may cause a big price difference. And when comparison shopping, comparing a large number of companies will enable you to find the best rates.
Do I need special coverages?
When choosing proper insurance coverage for your vehicles, there really is no single plan that fits everyone. Everyone’s situation is a little different.
These are some specific questions might point out whether or not you will benefit from professional help.
- Why am I required to get a high-risk car insurance policy?
- Do I need rental car coverage?
- Do I need roadside assistance coverage?
- How high should my uninsured/underinsured coverage be in Texas?
- Should I drop comprehensive coverage on older vehicles?
- Do I pay less if my vehicle is kept in my garage?
- Do I really need UM/UIM coverage?
- When should I not file a claim?
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form.
Neighborhood agents for car insurance
Some consumers prefer to visit with an insurance agent and that is a personal choice. One of the great benefits of price shopping on the web is that you can obtain better rates and still have an agent to talk to.
For easy comparison, once you complete this short form, your insurance coverage information is sent to companies who will battle for your coverage. There is no reason to even leave your home because quoted prices will be sent to your email. You’ll get the best rates and an insurance agent to talk to.
Deciding on an provider requires more thought than just the bottom line cost. Agents should be asked these questions:
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Which company do they place the most coverage with?
- Can they provide you with a list of referrals?
- Is assistance available after office hours?
- Do they carry Errors and Omissions coverage?
- Does the agency support the community they serve?
- Do they have any clout with companies to ensure a fair claim settlement?
If you want to contact a specific insurance agent in Texas, click here.
Once you have answers to your satisfaction to your questions in addition to an acceptable price estimate, it’s possible that you found an insurance company that meets your needs to provide car insurance coverage. Keep in mind once you purchase a policy you can cancel your coverage at any time so don’t feel that you are obligated to the car insurance policy for the entire policy term.
Information about specific coverages
Having a good grasp of your car insurance policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.
Comprehensive auto coverage – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like damage from getting keyed, fire damage, hail damage, hitting a bird and theft. The highest 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 dropping full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Ford E150 Econoline Van.
Due to the fact that many Texas drivers only carry the minimum required liability limits (30/60/25), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Collision – This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for things like backing into a parked car, sideswiping another vehicle, crashing into a building and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as nursing services, surgery, dental work and ambulance fees. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Liability car insurance – This coverage provides protection from damage that occurs to other’s property or people that is your fault. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.
Liability coverage pays for things like bail bonds, pain and suffering, structural damage, legal defense fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible. Texas state minimum liability requirements are 30,000/60,000/25,000 but drivers should carry better liability coverage.
Even more information is located at the Texas Department of Insurance website. Texas consumers can get help finding coverage, discover disciplinary actions, and read consumer alerts.
Additional helpful sites include this page for car insurance in Texas and this list of Texas insurance agents.