1994 Pontiac Grand Am Insurance Rates – 5 Discounts for Best Quotes

Are you a victim of high-priced insurance? You’re preaching to the choir because you’re not alone. Vehicle owners have many auto insurance companies to pick from, and although it’s nice to have a choice, lots of choices makes it harder to locate the cheapest rates.

It’s smart to compare rates every six months because prices are rarely the same from one policy term to another. Just because you had the best rates for Grand Am coverage a year ago you can probably find a lower rate today. Forget anything you know (or think you know) about insurance because you’re about to learn one of the easiest ways to lower your rates without sacrificing coverage.

The purpose of this article is to help you learn the most effective way to quote insurance and some tips to save money. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these tips. Drivers only need an understanding of the proper way to get comparison rates online.

Five discounts for affordable insurance coverage rates

Companies don’t necessarily list all their discounts in an easy-to-find place, so we took the time to find a few of the more well known and also the lesser-known ways to save on insurance coverage.

  • Theft Deterent – Cars, trucks, and SUVs with anti-theft systems are less likely to be stolen so companies will give you a small discount.
  • Passive Restraints – Factory options such as air bags may get savings up to 30%.
  • Good Grades Discount – Performing well in school can get you a discount of up to 25%. The discount lasts well after school through age 25.
  • Bundle and Save – If you insure your home and vehicles with one company you may earn over 10 percent off each policy depending on the company.
  • Data Collection Discounts – Insureds that choose to allow driving data collection to look at their driving habits by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system could see a rate decrease as long as they are good drivers.

Just know that most of the big mark downs will not be given to the overall cost of the policy. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Despite the appearance that having all the discounts means you get insurance for free, that’s just not realistic.

To see companies with discount insurance coverage rates, follow this link.

Tailor your insurance coverage coverage to you

When buying coverage, there really is not a one size fits all plan. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions may help highlight whether your personal situation will benefit from professional help.

  • What is roadside assistance coverage?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is a blown tire covered by insurance?
  • Will my rates increase for filing one claim?
  • What should my uninsured motorist coverage limits be in my state?
  • Why do I need rental car insurance?
  • At what point should I drop full coverage?
  • Will my insurance pay for OEM parts?
  • Am I covered when driving someone else’s vehicle?
  • Is extra glass coverage worth it?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, complete this form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can help protect your family.

Car insurance in the media

Consumers constantly see and hear ads for car insurance savings by companies like Allstate, Geico and Progressive. They all seem to try to convey promises that you’ll save big just by moving your car insurance coverage to their company.

Is it even possible that every company can charge lower premium rates? Here is how they do it.

Car insurance companies give the cheapest rates for a prospective insured they prefer to insure. For instance, this type of insured should be between 25 and 40, has never had a policy lapse, and has a short commute. A driver who fits those characteristics may get the lowest rates and have a good chance to cut their rates substantially.

Potential insureds who fall short of these stringent criteria may be required to pay more expensive rates with the end result being the customer buying from someone else. If you pay attention, the ads say “drivers that switch” but not “everyone who gets a quote” save money. That is how companies can state the savings.

This really emphasizes why you should get insurance coverage quotes as often as possible. It’s not possible to predict the company that will have the lowest rate quotes.

Learn about insurance coverages for a 1994 Pontiac Grand Am

Understanding the coverages of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on the average insurance policy.

Comprehensive coverages – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like rock chips in glass, hitting a bird, damage from flooding and theft. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Pontiac Grand Am.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally these limits do not exceed the liability coverage limits.

Auto liability – Liability coverage can cover injuries or damage you cause to a person or their property in an accident. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Some companies may use a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things like repair bills for other people’s vehicles, funeral expenses, court costs and medical expenses. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Collision coverages – This coverage pays for damage to your Grand Am resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like sideswiping another vehicle, hitting a mailbox, sustaining damage from a pot hole and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for expenses like doctor visits, ambulance fees and hospital visits. The coverages can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Shop. Compare. Save.

As you quote insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. In many instances, an accident victim reduced liability limits or collision coverage only to find out that they should have had better coverage. Your strategy should be to find the BEST coverage at an affordable rate, but do not skimp to save money.

Discount 1994 Pontiac Grand Am insurance is attainable from both online companies as well as from insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some car insurance companies don’t offer rates over the internet and most of the time these small, regional companies sell through local independent agents.

Even more information is available by following these links: