Traders Insurance Coverage
We offer several types of insurance coverage. This includes our popular car insurance plans, homeowners, life and healthcare coverage. Whether you need the cheap auto insurance with the lowest deposit possible or comprehensive auto insurance for a new leased vehicle, we can find you best deals that most competitors cannot match.
How Traders Work
There are two main ways to get a Traders insurance quote. The most popular is to complete a free online quote. The application only takes about 4 to 5 minutes to complete. You can use almost any device that’s connected to the internet, including the most popular choice, your smartphone. if you feel more comfortable talking to a representative, you can call toll free and request a quote over the phone.
Traders also offers auto, home, life and health insurance quotes online and over-the-phone during normal business hours. If you have a small of large business, consider Traders commercial auto Insurance. Whether you have to 3 or 10 vehicles that need to be insured, we can get you the coverage you need at a rate that will fit your budget. Get a quote online or call today for low cost commercial auto Insurance.
Three Main Types of Auto Insurance Coverage
There are three types of auto insurance coverage available at Traders Insurance Company. This includes liability, collision and comprehensive insurance. Let’s take a look at each one, so you can better educate yourself on what type of coverage is best for you.
Liability
This is often referred to as "bare bones" car insurance. The reason why it's called this is because of the limited protection provided with this type of policy. Liability insurance will protect you in the event you get into an accident and compensate the other party for damages you caused. You are required to buy the state minimum level of liability coverage, but often this is not enough. If you get into an accident they caused significant damage, or totals the other party's vehicle, you could be responsible for major financial compensation, that far exceeds your coverage amounts. This is why it's smart to get as much coverage as you can afford, even if you are only interested in liability insurance. In some cases, you may be eligible for $1 a day car insurance. This is offered to drivers who have an excellent driving record and meet other conditions.
Collision
This type of car insurance will pay for repairs or even replacement to your vehicle if it's damaged in a collision with another automobile or an object, like a pole or hitting a wall. if you have paid off your vehicle, then this is optional coverage, but you should still strongly consider getting it.
Comprehensive
This is the gold standard of automobile insurance. A comprehensive plan will cover you for almost any damages that occurred of your vehicle, other than colliding with another vehilce. This includes weather events, like damages from a flood, fire, or hurricane. One of the reasons why this coverage is so important, is that it covers theft protection. If you are financing or leasing your vehicle, comprehensive coverage is usually mandatory. Struggling to figure out the type of auto insurance that you need? Don't hesitate to call one of our professional insurance agents. They will answer any question you have and will recommend the best type of policy that fits your needs and also your budget.
Tips to Getting cheaper car insurance
There are proven strategies you can use to get lower auto insurance rates right away. Let’s go over a few.
Get a car that’s cheap to drive.
The newer and more expensive your vehicle is, the more it will cost to insure. One way to lower your auto insurance cost is to get a used, boring vehicle. Automobiles that have less powerful, four cylinder engines, four doors and are more than 8 years old have some of the lowest rates available.
Get rid of excess and overlapping coverage.
This includes rental car insurance and towing plans, which you might already have with AAA or other motorist clubs. Another good tip is to keep your credit score above 650. Believe it or not, your credit score is tied to your auto insurance rates. The higher your score is the lower you will pay for auto insurance. Conversely, the lower your credit score is the more you will pay for coverage. You might be asking why credit matters? The reason why your credit rating applies to insurance, is insurers associate a persons credit rating closely with risk. Stats show that people with bad credit get into more accidents and file more claims.
Bundle Coverage
Another tip often overlooked by many people is bundling your car insurance together onto one policy. if you have two or more vehicles, this can save you 5% and more. If you’re a homeowner, consider bundling your auto and home insurance together. This is a great way to eliminate another bill and also save money.
Get Discounts
A great way to save money on insurance is to get every discount you possibly can. At Traders Insurance Company we offer numerous discounts. This includes:
- Bundling home and car insurance discount
- Good student discount (students that maintain a B or higher GPA)
- Safe driver discount
- Senior citizen and AARP discount
- Active military and veteran discount.
- Apply now for free quote online and see what discounts you qualify for.
Compare Traders auto insurance online
Do you need cheap car insurance with a low deposit? Do you need auto insurance for less than $100 a month? Are you a high-risk driver that is having a hard time finding a company that will accept you? At Traders Insurance, we have solutions for all your auto insurance needs. Whether you are a high-risk driver, or a senior citizen with an impeccable driving record, we can get you covered for less. Get your free Traders car insurance quote, and compare our best rates. Get started now by entering your zip code or by calling our toll-free number. Save more with Traders Insurance co and get the quality coverage you deserve.
Trade Car Insurance
Trade car insurance can help you save money on your auto policy. It is surprising how many people don’t take the time to look for a trade car insurance quote. Figures show that as many as one in three people are paying too much for their car insurance. They may not even… Continue reading
Save Money with Traders Ins
Well, there is an easy way to do so. Using traders insurance, we are able to help you save. Is your car totaled? Do you need insurance? We can aid you in either fixing your car or getting a whole new vehicle. How Does It Work? Car insurance is essentially a ‘just in case’ investment.… Continue reading
Traders Insurance Company Review
Traders Insurance has a long-standing reputation, based on providing customers with excellent service and affordable insurance. This includes low-cost auto Insurance and the popular buy now pay later car insurance plans. Traders can fill almost any insurance need, whether you are an individual that needs minimum coverage or a large business. The company has a… Continue reading