Save on 1992 Pontiac Bonneville Insurance Cost

Pricey Pontiac Bonneville insurance can dwindle your family’s budget, especially in this economy. Doing a rate analysis can save money and help to cut your insurance bill.

With vehicle owners having so many companies to choose from, it’s nearly impossible to choose the lowest price insurance coverage provider.

Compare car insurance rates

To find cheaper auto insurance quotes, there are several ways to obtain and compare prices from different companies. By far the easiest way to find cheaper Pontiac Bonneville rates is to get quotes online. It is quite easy and can be accomplished in several different ways.

  1. The most efficient method consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This quick form prevents you from having to do multiple quote forms for each company. One quote request gets rate comparisons from multiple companies.
  2. A more time consuming way to analyze rates is to manually visit each company website and repeat the quote process again and again. For example, we’ll pretend you want to view quotes from Farmers, Progressive and Travelers. To find out each rate you need to spend time on each company’s site and enter your policy data, which can take a lot of time. For a list of companies in your area, click here.

You can use whichever method you prefer to find lower rates, just make darn sure you compare nearly identical coverages for every company. If you have higher or lower deductibles it will be nearly impossible to make a fair rate comparison. Even a minor difference in coverages can mean a large discrepancy in price. Keep in mind that more quotes increases the change that you will find more affordable insurance. Not every company allows you to get rate quotes online, so you need to compare price quotes from the smaller companies as well.

Choices you make can impact your insurance rates

Lots of things are used in the calculation when you quote your car insurance policy. Some are obvious such as your driving record, but some are more transparent like your continuous coverage and annual miles driven.The best way to find cheaper auto insurance is to take a look at some of the elements that help calculate your policy premiums. If you know what controls the rates you pay, this enables informed choices that could help you find lower rates.

Listed below are some of the factors that factor into premiums.

  • Your employer and auto insurance rates – Occupations like lawyers, business owners and financial analysts are shown to have higher rates than the rest of us because of high stress and long work days. Conversely, careers such as actors, athletes and retirees have lower than average premiums for Bonneville coverage.
  • Your spouse saves you money – Being married can get you a discount when shopping for auto insurance. Having a spouse may mean you are more mature and insurance companies like that married drivers get in fewer accidents.
  • More people means more accidents – Choosing to live in less populated areas can save you money if you are looking for the lowest rates. Fewer people means less chance of accidents and lower theft and vandalism rates. City drivers regularly have traffic congestion and longer commute times. Longer commute distances translates into higher accident risk.
  • Never let your auto insurance policy lapse – Driving without insurance can get your license suspended and you will pay a penalty because you let your coverage cancel without a new policy in place. And not only will your rates increase, getting caught without coverage may earn you a hefty fine and possibly a revoked license. You may then have to file a SR-22 with your state motor vehicle department.
  • Liability protection limits on your policy – A critical coverage on your policy, liability insurance provides coverage when a jury decides you are liable for physical damage or personal injury to other. This coverage provides for a legal defense which can be incredibly expensive. This coverage is relatively inexpensive compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
  • Lower premiums for cars with good safety ratings – Vehicles with good safety scores tend to have better insurance rates. Vehicles built for safety reduce injuries and lower injury rates translates directly to fewer claims which can result in lower premiums. If your Pontiac earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.

More discounts mean cheaper premiums

Some insurance providers don’t always publicize every discount they offer very well, so the list below details both well-publicized and also the lesser-known discounts that may be available. If you are not receiving all the discounts you qualify for, you could be saving more on your insurance.

  • Discount for Swiching Early – Some larger companies give discounts for switching policies before your current policy expires. This can save 10% or more.
  • Multi-policy Discount – When you have multiple policies and insure them with the same company you could save up to 20% off your total premium.
  • Auto/Life Discount – Some insurance companies give a discount if you purchase a life policy as well.
  • Military Deployment Discount – Having a family member in the military may qualify for rate reductions.
  • One Accident Forgiven – Not really a discount, but a few companies such as Liberty Mutual, Allstate and State Farm may permit one accident before raising your premiums with the catch being you have to be claim-free for a specific time period.

One last thing about discounts, many deductions do not apply to the entire cost. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So even though you would think you could get a free insurance policy, company stockholders wouldn’t be very happy. Any amount of discount will reduce your policy premium.

Larger insurance companies and some of the discounts can be read below.

  • Progressive offers discounts including online quote discount, good student, homeowner, multi-vehicle, online signing, multi-policy, and continuous coverage.
  • Geico policyholders can earn discounts including daytime running lights, good student, defensive driver, emergency military deployment, and air bags.
  • State Farm offers discounts for Steer Clear safe driver discount, driver’s education, safe vehicle, passive restraint, multiple policy, and anti-theft.
  • Esurance may include discounts for DriveSense, anti-theft, multi-car, paid-in-full, online shopper, good driver, and multi-policy.
  • The Hartford has discounts for air bag, anti-theft, vehicle fuel type, defensive driver, and bundle.

Before buying, ask each company which credits you are entitled to. Some discounts listed above may not apply to policies in your area. For a list of insurers offering insurance discounts, click here to view.

It’s not one size fits all

When it comes to choosing the best car insurance coverage for your vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might point out whether your personal situation could use an agent’s help.

  • When do I need to add a new car to my policy?
  • When should I not file a claim?
  • What is no-fault insurance?
  • What are the best liability limits?
  • Which is better, split liability limits or combined limits?
  • How much liability insurance is required?
  • Do I need to file an SR-22 for a DUI in my state?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Auto insurance coverage information

Having a good grasp of your policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverage types found on the average auto insurance policy.

Liability car insurance

This coverage can cover damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like medical services, repair bills for other people’s vehicles, structural damage, pain and suffering and court costs. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 1992 Pontiac Bonneville.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a parking meter, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as falling objects, theft, damage from flooding, damage from getting keyed and rock chips in glass. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for short-term medical expenses for things like X-ray expenses, hospital visits and dental work. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Cheaper insurance is a realistic goal

When searching for the cheapest auto insurance quotes, you should never buy poor coverage just to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits and found out when filing a claim that they should have had better coverage. The aim is to buy enough coverage at the lowest possible cost, but do not skimp to save money.

More affordable insurance is attainable online in addition to local insurance agencies, and you need to price shop both to have the best selection. Some companies may not offer internet price quotes and usually these regional carriers provide coverage only through local independent agents.

For more information, take a look at the articles below: