Car Insurance in Maumelle, AR – 5 Tricks to Save Money

I can’t think of a single person who looks forward to paying for car insurance, especially knowing they are paying too much.

Numerous insurers battle to insure your vehicles, so it can be very hard to choose a insurance company to discover the definitive best rate

Save money by taking advantage of these 5 discounts

Car insurance can cost a lot, but companies offer discounts to help bring down the price. Most are applied at quote time, but a few need to be inquired about before they will apply.

• Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
• Save with a New Car – Insuring a new car is cheaper since new cars are generally safer.
• Clubs and Organizations – Affiliation with a professional or civic organization may earn a discount on your policy.
• Military Rewards – Having a deployed family member could be rewarded with lower premiums.
• Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.

It’s important to understand that most discount credits are not given to the overall cost of the policy. Most only cut individual premiums such as comp or med pay. Just because you may think it’s possible to get free car insurance, you’re out of luck. But any discount will cut your premiums.

To choose providers with discount car insurance rates in Maumelle, click this link.

Quick Maumelle Car Insurance Quotes

There are several ways of comparing rates and find the best price. The fastest way to find the lowest rates is to perform an online rate comparison. This can be done in just a few minutes using one of these methods.

The most efficient way consumers can make multiple comparisons would be an industry-wide quote request form click here to open form in new window. This method keeps you from doing boring form submissions for each company. One simple form will return quotes from many national carriers.

A different way to find lower rates consists of visiting each company website to complete a price quote. For example, let’s say you want to compare rates from Liberty Mutual, State Farm and GMAC. You would have to take the time to go to each site to enter your coverage information, which is why the first method is quicker. For a list of links to companies insuring cars in Maumelle, click here.

The least recommended way to get comparison rates to insurance agents’ offices. Buying insurance online can eliminate the need for a local agent unless you prefer the professional advice of a licensed agent. Drivers can comparison shop your insurance online but still have the advice of a local agent. We’ll cover that shortly.

Whichever method you choose, be sure to compare identical coverage limits for each comparison quote. If the quotes have mixed coverages then you won’t be able to determine the lowest rate in Maumelle. Having just a slight variation in limits can mean a large discrepancy in price. And when quoting car insurance, remember that getting more free quotes will increase your chances of finding a lower rate.

What is the best insurance coverage?

When buying adequate coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions may help highlight whether or not you might need professional guidance.

• What companies insure drivers after a DUI or DWI?
• Is my cargo covered for damage or theft?
• Do I need to file an SR-22 for a DUI in Arkansas?
• Does liability extend to a camper or trailer?
• Do I need roadside assistance coverage?
• Should I buy more coverage than the required Arkansas minimum liability coverage?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

The coverage is in the details

Learning about specific coverages of a car insurance policy helps when choosing the best coverages 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 the usual coverages offered by car insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many Arkansas drivers only purchase the least amount of liability that is required (which is 25/50/25), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these coverages are identical to your policy’s liability coverage.

Liability

This protects you from injuries or damage you cause to a person or their property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as legal defense fees, funeral expenses, repair costs for stationary objects and court costs. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford. Arkansas requires minimum liability limits of 25,000/50,000/25,000 but you should consider buying more liability than the minimum.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as hitting a deer, fire damage and theft. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto collision coverage

This coverage pays for damage to your vehicle from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like driving through your garage door, rolling your car and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible to bring the cost down.

Insurance for medical payments

Med pay and PIP coverage kick in for immediate expenses for things like chiropractic care, pain medications, funeral costs, doctor visits and EMT expenses. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

What is YOUR best insurance company?

As you go through the steps to switch your coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. In many instances, someone sacrificed full coverage to discover at claim time they didn’t purchase enough coverage. The ultimate goal is to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Cheap car insurance can be bought on the web in addition to many Maumelle insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and these small insurance companies work with independent agents.

We just covered many ways to save on car insurance. It’s most important to understand that the more quotes you get, the higher your chance of finding lower rates. Consumers could even find that the lowest rates come from the least-expected company. Some small companies may have significantly lower rates on certain market segments compared to the large companies like Progressive and GEICO.