How can we get car insurance quotes online? What are car insurance premiums? What are the benefits of auto car insurances? What are the types of car insurance coverage? How to get car insurance quotes online?


What is car insurance?

A car insurance is a policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. 

In simple words, auto car insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. 

So instead of paying out of pocket for auto accidents, people pay annual premiums to an car insurance company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage.

Car insurance acts like a great friend at the time of crisis. It covers the losses made in an accident and thus saves you from paying out the huge sum from your pocket.


Car insurance premiums

Car insurance premiums, or the amount policyholders pay to be insured, vary depending on: age, gender, years of driving experience, accident and moving violation history, and other factors. Most states mandate that all vehicle owners purchase a minimum amount of auto insurance, but many people purchase additional insurance to further protect themselves. 

What are car insurance benefits?

Car insurance provides property, liability, and medical coverage:

  • Property coverage pays for damage to or theft of your car. 
  •  Liability coverage pays for your legal responsibility to others for bodily injury or property damage. 
  • Medical coverage pays for the cost of treating injuries, rehabilitation, and sometimes lost wages and funeral expenses.

What are types of car insurance coverage?

Auto policies include several different types of coverage, all of which may be priced differently:

1- Bodily Injury Liability

It provides protection if you injure or kill someone while operating your car. It also provides for a legal defense if another party in the accident files a lawsuit against you. In the event of a serious accident, you want enough insurance to cover a judgment against you in a lawsuit, without jeopardizing your personal assets.

This type of coverage pays for medical bills, lost wages or income, pain and suffering, and even funeral expenses for those injured in an accident where you were legally responsible for their injuries. This coverage also pays for the legal and court costs to defend you in a covered lawsuit.

Bodily injury liability covers injury to people, not your vehicle. Therefore, it's a good idea to have the same level of coverage for all of your cars.

2- Property Damage Liability

Property damage coverage not only covers the cost to repair the other person’s car, but it also covers repair costs of anything you hit with your vehicle, such as a street lamp, fence or building. It also provides you with legal defense if another party files a lawsuit against you. It is a good idea to purchase enough of this insurance to cover the amount of damage your car might do to another vehicle or object.

3- Collision

This type of auto insurance coverage pays for damage to your car as the result of a collision with another vehicle. Even if you are at fault for causing an accident, this type of coverage will reimburse you for the cost of fixing your car once you have paid the out-of-pocket deductible amount. 

If you are not at fault, your insurance company can seek reimbursement from another driver to cover the cost of repairs to your vehicle. To keep your premiums low, select as large a deductible as you feel comfortable paying out of pocket. For older cars, consider dropping this coverage, since coverage is normally limited to the cash value of your car.

4- Comprehensive

It pays for losses resulting from incidents other than collision. For example, comprehensive insurance covers damage to your car if it is stolen; or damaged by flood, fire or animals. To keep your premiums low, select as high a deductible as you feel comfortable paying out of pocket.

5- Uninsured and Underinsured Motorist Coverage

This policy protects you and other passengers in your automobile if you are injured in an accident by a motorist who is uninsured and held legally responsible for your injuries. pays for your injuries caused by an uninsured driver or, in some states, a hit-and-run driver. It pays the medical expenses and related expenses you have incurred up to the coverage limits you select.



How to get car insurance quotes online?

Car insurance can be purchased the same kind of way. If you have little regard for quality, do a search for the following: 

  1. Coverage: Find a company that offers good coverage in minimum amount.
  2. Claims Service: Look for companies that consistently rank good regarding customer satisfaction at the time of claim. 
  3. Customer Service: Find companies that consistently rank good in customer service satisfaction surveys. 
  4.  Get Quotes: From the companies you find above, ask for quotes with minimum coverage limits and see who comes out the cheapest.for asking quotes,you have to provide below details
  • City
  • Manufacturer
  • Model 
  • Fuel type
  • variant
  • Registration year

How to get best car insurance quotes online:

1- Insurance company online

Advantage: Car insurance Policy is emailed to you. The prices of the car insurance policies are discounted at maximum.
Disadvantage: No comparison options. You get to choose between the options provided by the company itself. This however isn’t a problem if you have already decided which company you wish to choose.

2- Insurance Company Offline

Advantage: Walk to your nearest branch and get one to one guidance throughout the process. You can get better discounts easily
Disadvantage: No comparison options plus requires effort of travel

3- Insurance agent offline

Benefit: They assist you in complete buying process. So you get a good knowledge about the insurance options available in that company.
Disadvantage: They represent one company. So they’ll try selling you that one company only. They also get a premium for each sale.

4- Aggregator online

Benefit: Comparison of all car policies from various companies. This helps you get a fair idea on what are the coverages being offered by different companies and their price ranges
Disadvantage: Too many options have the potential to confuse you. They are basically the bridge and not the company itself. So for claim assistance they will get you in touch with the company not solve your problems themselves.

Why do you need a car insurance?