It’s an obvious assumption that insurance companies don’t want you shop around. Insureds who shop around for the cheapest rate will presumably switch companies because of the good chance of finding a lower rate. A study discovered that drivers who compared rates regularly saved as much as $3,450 over four years compared to people who never compared rates.
If finding the lowest price on Pontiac Solstice insurance in Laredo is the reason for your visit, then having some knowledge of how to get free comparison quotes and analyze car insurance can save money and time.
If you want to save the most money, the best way to get affordable Pontiac Solstice insurance is to compare prices once a year from companies that sell auto insurance in Laredo.
- First, learn about the different coverages in a policy and the things you can control to prevent rate increases. Many rating criteria that cause high rates such as careless driving and your credit history can be amended by making minor changes in your lifestyle. Read the full article for instructions to help prevent expensive coverage and find additional discounts.
- Second, request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO or State Farm, while independent agencies can quote prices for many different companies.
- Third, compare the new rate quotes to your existing policy to see if you can save by switching companies. If you find a lower rate quote and switch companies, ensure coverage does not lapse between policies.
- Fourth, provide notification to your current company to cancel your current car insurance policy and submit the completed application along with a down payment to your new company or agent. As soon as you receive it, store the certificate verifying coverage in an accessible location in your vehicle.
An important note is to make sure you enter the same deductibles and limits on each quote request and and to get price estimates from all possible companies. Doing this provides a fair rate comparison and a good representation of prices.
Best auto insurance company in Laredo
Finding a highly-rated auto insurance provider is difficult considering how many companies sell coverage in Texas. The ranking data displayed below may help you pick which auto insurers to look at comparing price quotes from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Parts of your insurance policy
Learning about specific coverages of your insurance policy can help you determine the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverages available from insurance companies.
Liability auto insurance
This coverage will cover injuries or damage you cause to a person or their property that is your fault. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 30/60/25 that translate to a $30,000 limit per person for injuries, a per accident bodily injury limit of $60,000, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability insurance covers things like attorney fees, funeral expenses and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford. Texas state law requires minimum liability limits of 30/60/25 but it’s recommended drivers buy more liability than the minimum.
The chart below demonstrates why buying low liability limits may not be high enough to cover claims.
Medical payments coverage and PIP
Med pay and PIP coverage kick in for short-term medical expenses like ambulance fees, funeral costs and hospital visits. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Coverage for collisions
This coverage pays for damage to your Solstice resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.
Collision coverage pays for things like colliding with a tree, backing into a parked car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to increase the deductible on your Solstice to get cheaper collision coverage.
Uninsured/Underinsured Motorist coverage
This coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Pontiac Solstice.
Because many people carry very low liability coverage limits (Texas limits are 30/60/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Frequently the UM/UIM limits are set the same as your liability limits.
Comprehensive coverage
Comprehensive insurance 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 insurance covers things such as falling objects, a broken windshield, hitting a bird, theft and damage from getting keyed. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
One last note
A few companies may not offer online quoting and these regional insurance providers only sell through independent agents. Cost effective Pontiac Solstice insurance is definitely available both online as well as from independent agents in Laredo, so you need to compare both to have the best chance of lowering rates.
We just showed you quite a bit of information on how to reduce Pontiac Solstice insurance prices online in Laredo. The most important thing to understand is the more companies you get rates for, the higher your chance of finding cheaper Laredo auto insurance quotes. You may even be surprised to find that the best prices are with a smaller regional carrier. Smaller companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate, GEICO and Progressive.
When getting Laredo auto insurance quotes online, make sure you don’t skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped collision coverage and discovered at claim time that they should have had better coverage. Your goal should be to purchase plenty of coverage at the best possible price and still be able to protect your assets.
To read more, link through to the resources below:
- Vehicle Size and Weight FAQ (iihs.org)
- Who Has Cheap Laredo Auto Insurance Rates for Low Income Drivers? (FAQ)
- Who Has Affordable Auto Insurance Rates for Uninsured Drivers in Laredo? (FAQ)
- Who Has Cheap Car Insurance Quotes for Teachers in Laredo? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers with a DUI in Laredo? (FAQ)
- Who Has Cheap Car Insurance for a Nissan Altima in Laredo? (FAQ)
- Keeping Children Safe in Crashes Video (iihs.org)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)