Are you tired of trying to find low-cost Buick Lucerne insurance in Corpus Christi? Pretty sure you bought an overpriced auto insurance policy? You’re preaching to the choir because many Corpus Christi drivers feel the same as you.
Unbelievably, a large majority of auto insurance policyholders have been with the same company for more than four years, and 38% of customers have never compared quotes from other companies. The average driver in Texas could save 70% each year just by comparing rates, but they don’t want to take the time to compare rate quotes.
How to save on Buick Lucerne insurance in Corpus Christi
If you want to save the most money, the best way to get affordable Buick Lucerne insurance is to compare quotes annually from insurance carriers in Corpus Christi. You can shop around by completing these steps.
- Step 1: Spend a few minutes and learn about what coverages are included in your policy and the measures you can take to lower rates. Many things that drive up the price like your driving record and poor credit rating can be eliminated by making minor changes in your lifestyle. This article gives tips to help reduce premium rates and find missing discounts.
- Step 2: Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from a single company like GEICO or State Farm, while agents who are independent can provide price quotes from multiple insurance companies.
- Step 3: Compare the new rates to your existing coverage and see if there is a cheaper rate in Corpus Christi. If you can save some money and make a switch, make sure there is no lapse in coverage.
A tip to remember is to make sure you enter identical limits and deductibles on every price quote and and to get quotes from as many car insurance companies as possible. Doing this ensures an accurate price comparison and the most accurate and complete price analysis.
Many insurance companies vie for your business, so it can be very hard to choose a insurance company to find the absolute lowest rate on Buick Lucerne insurance in Corpus Christi.
You should make it a habit to compare premium rates once or twice a year since prices are variable and change quite frequently. If you had the best deal on Buick Lucerne insurance in Corpus Christi on your last policy there is a good chance you can find better rates now. There is a lot of bad information regarding Lucerne insurance on the internet, but I’m going to show you some great ideas on how to stop overpaying for insurance in Corpus Christi.
Facts and figures for Buick Lucerne insurance
The table shown next highlights different insurance costs for Buick Lucerne models. Being more informed about how car insurance prices are established can be valuable when making decisions on the best policy coverages.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Lucerne CXL Special Edition||$208||$450||$358||$22||$108||$1,146||$96|
|Get Your Own Custom Quote Go|
Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Information does not factor in the specific area where the vehicle is garaged which can alter prices significantly.
Drive safe and save
The chart below demonstrates how citations and at-fault claims can raise Buick Lucerne insurance premiums for different age categories. The premium estimates are based on a married female driver, full coverage, $250 deductibles, and no other discounts are factored in.
Rate difference between full and liability-only coverage
The diagram below visualizes the comparison of Buick Lucerne auto insurance costs with full physical damage coverage compared to only buying liability only. The information is based on no accidents or driving violations, $250 deductibles, marital status is single, and no discounts are factored in.
Should you buy full coverage or liability only?
There is no exact formula of when to exclude full coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s assume your Buick Lucerne book value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $2,000 after paying the physical damage deductible. If it’s costing in excess of $200 annually for physical damage coverage, then it might be time to buy liability only.
There are some cases where dropping full coverage is not financially feasible. If you haven’t satisfied your loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.
Specific coverages for a Buick Lucerne
Having a good grasp of your car insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverages found on the average car insurance policy.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people have only the minimum liability required by law (Texas limits are 30/60/25), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as hail damage, rock chips in glass, damage from getting keyed, hitting a deer and a broken windshield. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Collision insurance will pay to fix damage to your Lucerne caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like sideswiping another vehicle, hitting a mailbox, colliding with a tree and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible on your Lucerne to bring the cost down.
Insurance for medical payments
Med pay and PIP coverage provide coverage for immediate expenses such as rehabilitation expenses, chiropractic care, prosthetic devices, pain medications and dental work. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Liability auto insurance
Liability insurance protects you from injuries or damage you cause to a person or their property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 30/60/25 which stand for a $30,000 limit per person for injuries, a limit of $60,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is 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 claims such as repair bills for other people’s vehicles, court costs, emergency aid and bail bonds. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford. Texas state minimum liability requirements are 30/60/25 but you should think about purchasing higher limits.
The next chart demonstrates why buying low liability limits may not provide you with enough coverage.
What is YOUR best insurance company?
In this article, we covered many tips how you can lower your Buick Lucerne insurance rates in Corpus Christi. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding affordable Buick Lucerne insurance quotes. You may even be surprised to find that the best rates are with a company that doesn’t do a lot of advertising. Smaller companies can often provide lower auto insurance rates in certain areas than the large multi-state companies such as GEICO and State Farm.
As you restructure your insurance plan, you should never buy less coverage just to save a little money. There are many occasions where someone dropped physical damage coverage and discovered at claim time they didn’t have enough coverage. Your focus should be to get the best coverage possible at the best price while not skimping on critical coverages.
Steps to finding cheaper Buick Lucerne insurance in Corpus Christi
The best way we recommend to get affordable car insurance rates is to start doing an annual price comparison from companies who provide car insurance in Corpus Christi.
- First, try to learn a little about how insurance works and the measures you can take to prevent rate increases. Many factors that cause rate increases such as at-fault accidents and a bad credit score can be improved by improving your driving habits or financial responsibility.
- Second, quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from a single company like Progressive or State Farm, while independent agencies can provide rate quotes from many different companies.
- Third, compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate quote and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
- Fourth, provide notification to your current agent or company of your intention to cancel your existing policy and submit a down payment along with a completed application to your new insurance company. Immediately place the new certificate verifying coverage in an accessible location in your vehicle.
One key aspect when comparing rates is to try to use identical coverages on every quote request and and to look at as many different companies as possible. Doing this enables a fair price comparison and a good representation of prices.
More detailed car insurance information can be read at these sites: