Searching for the cheapest insurance rates for your Pontiac Grand Prix? Have you had enough of scraping nickels together to pay insurance each month? You have the same problem as many other consumers. Insurance companies such as Progressive, Geico and Farmers Insurance all promote huge savings with ad campaigns and it is challenging if not impossible to ignore the propoganda and do the work needed to find the best deal.
Smart consumers take time to compare rates before your next renewal because prices are usually higher with each renewal. Even if you got the best quotes for Grand Prix coverage last year there is a good chance you can find better rates now. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the tricks you need to know to properly buy coverages while reducing your premium.
Insurance coverage can be pricey, but you may find discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically when you purchase, but occassionally some discounts must be specifically requested in order for you to get them.
One last thing about discounts, some credits don’t apply the the whole policy. The majority will only reduce individual premiums such as medical payments or collision. So despite the fact that it appears you can get free auto insurance, that’s just not realistic.
A few popular companies and some of the discounts include:
Before purchasing a policy, check with all companies you are considering which discounts you may be entitled to. Depending on the company, some discounts may not be available everywhere. To locate providers that offer some of these discounts, click here to view.
A large part of saving on insurance is knowing some of the things that aid in calculating your policy premiums. When you understand what determines base rates, this enables informed choices that can help you get lower insurance prices.
Shown below are a few of the “ingredients” utilized by car insurance companies to help set your premiums.
When choosing coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions may help you determine whether you would benefit from professional advice.
If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.
Understanding the coverages of auto insurance aids in choosing appropriate coverage for your vehicles. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages available from auto insurance companies.
Comprehensive auto coverage – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims like fire damage, damage from a tornado or hurricane, falling objects, vandalism and hitting a bird. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision coverages – This pays for damage to your Grand Prix resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for things like rolling your car, driving through your garage door, sustaining damage from a pot hole and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually the UM/UIM limits are similar to your liability insurance amounts.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like hospital visits, dental work, ambulance fees and nursing services. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage
Liability insurance – Liability coverage protects you from damage or injury you incur to a person or their property. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have a combined limit which limits claims to one amount rather than limiting it on a per person basis.
Liability can pay for claims such as court costs, loss of income and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.
When getting auto insurance quotes online, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where consumers will sacrifice uninsured motorist or liability limits only to find out that it was a big error on their part. The proper strategy is to purchase plenty of coverage for the lowest cost while still protecting your assets.
Throughout this article, we presented a lot of ways to lower your 1995 Pontiac Grand Prix insurance rates. The key concept to understand is the more providers you compare, the better chance you’ll have of finding low cost auto insurance. Consumers may even find the best rates are with a company that doesn’t do a lot of advertising. Smaller companies can often insure niche markets at a lower cost than their larger competitors like Allstate or State Farm.
Additional detailed information can be read in these articles: