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1.) Liability Coverage includes Bodily Injury Liability insurance and Property Damage Liability insurance. If there is an accident and people are hurt this coverage will pay the bills. If there is property damage this insurance coverage will pay for it.
Liability Insurance is mandatory in just about every state. You must have this type of insurance coverage on your vehicle.
The other types of insurance are optional except if your financing or leasing your vehicle. If that is the case, then you must also have a Comprehensive Insurance Coverage.
2.) Comprehensive Coverage this covers damage to your car if it has been damaged in a flood, in a fire or if it has been stolen. If your car is old you may not need this kind of coverage.
3.) Collision Coverage pays when your car is hit by another car, or when your car hits another car. Again if your car is older it may be cheaper to replace it in case of an accident than it is to pay this kind of coverage.
4.) Underinsured Motorist Property Damage, Uninsured Property Damage and Underinsured Motorist Bodily Injury pays when the other driver involved in the accident does not carry enough insurance.
5.) Personal Injury Protection Coverage (PIP): covers medical and hospital expenses of the driver and passengers of your vehicle or anyone hit by your vehicle up to the insured limits.
You can decide if you want a higher or lower insurance deductible amount, or if you want higher coverage in some areas but not others.
Now that you know a little about the kinds of auto insurance coverage you may need, it is time to start looking and comparing auto insurance rates online.
insurance.com
carinsurance.com
netquote.com
insweb.com
These four web sites are just a few of the many sites you can visit and get multiple online auto insurance quotes and you will be able to compare them with each other.
Make sure all the information for each insurance policy quote is the same on each application. You don't want to compare auto insurance quotes for different types of coverage.
You want to compare like to like. If you decide to lower your coverage in one area, do so on all quote requests. You want to compare apples to apples, not apples to oranges. This way the online auto quotes you receive will be the best rates for the specific criteria you entered.
Do several comparisons when trying to find the best and cheapest car insurance policy for yourself. Try some quotes with higher deductibles, and others with higher coverage amounts. You will soon see where the true differences are in the cost of your auto insurance coverage. You can then sit down and think about what kind of insurance coverage you want to carry.
Do you want larger amounts applied to your policy with regard to your liability coverage? Or your comprehensive coverage. Play with all the numbers you want. The online auto insurance quotes are free, and you can change the numbers until you come up with a payment and an auto insurance coverage policy that fits not only your insurance needs, but your budget as well.
If you find that you can buy a comparable or better auto insurance policy for less money don't think that your present insurance company is ripping you off.
You did not pursue the matter and look aggressively for the proper amounts and available discounts when you got that insurance policy, did you? If not, and you just renewed the auto policy every year without looking at it and analyzing it the insurance company would continue to think this was the policy you wanted.
Now that you are armed with information on how to get an cheap auto insurance quote online what are you waiting for. It may be to your financial benefit, and your auto insurance coverage benefit, to begin comparing online auto insurance quotes right away. You could find yourself with a brand new auto insurance policy and great auto insurance coverage and be saving yourself a fortune at the same time!