Insurance Cheap Full Coverage: 4-Step Guide to Save 50%

Finding affordable full coverage insurance can be a challenge, but it's not impossible. By following these four steps, you can save up to 50% on your insurance premiums.

1. Compare Quotes from Multiple Insurers

The first step to finding cheap full coverage insurance is to compare quotes from multiple insurers. There are a number of ways to do this, including:

• Online: There are a number of websites that allow you to compare quotes from multiple insurers in one place.
• Phone: You can call each insurer directly to get a quote.
• Agent: You can work with an insurance agent to compare quotes from different insurers.

When comparing quotes, be sure to compare the following:

• Coverage: Make sure that each quote includes the same level of coverage.
• Deductible: The deductible is the amount of money you have to pay out of pocket before your insurance coverage kicks in. A higher deductible will result in lower premiums.
• Premiums: The premium is the amount of money you pay each month for your insurance coverage.

2. Increase Your Deductible

One of the easiest ways to save money on your full coverage insurance is to increase your deductible. The deductible is the amount of money you have to pay out of pocket before your insurance coverage kicks in. By increasing your deductible, you can lower your premiums.

However, it's important to remember that you should only increase your deductible if you can afford to do so. If you have an accident, you will have to pay the deductible out of pocket.

3. Take Advantage of Discounts

Many insurers offer discounts for things like:

• Good driving record: Drivers with a clean driving record can qualify for discounts.
• Multiple policies: Insuring multiple vehicles or properties with the same insurer can qualify you for discounts.
• Safety features: Vehicles with safety features, such as airbags and anti-lock brakes, can qualify for discounts.

Be sure to ask your insurer about any discounts that you may be eligible for.

4. Bundle Your Insurance

Bundling your insurance policies can save you money. For example, you may be able to get a discount if you bundle your car insurance and homeowners insurance with the same insurer.

Before you bundle your insurance policies, be sure to compare quotes from multiple insurers. Make sure that you're getting the best possible deal on each policy.

Common Mistakes to Avoid

When shopping for cheap full coverage insurance, there are a few common mistakes to avoid:

• Not comparing quotes: This is the biggest mistake you can make. By comparing quotes from multiple insurers, you can save up to 50% on your premiums.
• Choosing a policy with too low of a deductible: If you have an accident, you will have to pay the deductible out of pocket. Make sure that you can afford to do so before you choose a policy with a low deductible.
• Not taking advantage of discounts: Many insurers offer discounts for things like good driving records and multiple policies. Be sure to ask your insurer about any discounts that you may be eligible for.
• Bundling your insurance policies with the wrong insurer: Not all insurers offer discounts for bundling. Before you bundle your insurance policies, be sure to compare quotes from multiple insurers.

FAQs

• What is the average cost of full coverage insurance? The average cost of full coverage insurance is $1,269 per year. However, the cost of insurance can vary depending on a number of factors, such as your age, driving record, and vehicle.
• What is the minimum amount of coverage I need? The minimum amount of coverage you need depends on your state's laws. However, most experts recommend having at least $100,000 of liability coverage.
• Can I get full coverage insurance if I have a bad driving record? Yes, you can get full coverage insurance if you have a bad driving record. However, your premiums will be higher than if you had a clean driving record.
• What are the benefits of full coverage insurance? Full coverage insurance provides a number of benefits, including:
  • Liability coverage: Liability coverage protects you from financial responsibility if you cause an accident.
  • Collision coverage: Collision coverage pays for damage to your vehicle if you are involved in an accident.
  • Comprehensive coverage: Comprehensive coverage pays for damage to your vehicle caused by non-collision events, such as theft or vandalism.
• How can I save money on full coverage insurance? You can save money on full coverage insurance by:
  • Comparing quotes from multiple insurers
  • Increasing your deductible
  • Taking advantage of discounts
  • Bundling your insurance policies