Cheaper 2000 Buick Regal Insurance Rates

When looking for lower-cost insurance, are you confused by the crazy number of auto insurance sources? You’re not alone. There are so many choices that it can easily turn into a lot of work to find the perfect company for you.

Smart consumers take time to do rate comparisons at least once a year because insurance rates go up and down regularly. Even if you think you had the lowest rate on Regal insurance a few years ago you will most likely find a better price today. There is a lot of wrong information about auto insurance online, but I’m going to show you some great ways to stop overpaying for insurance.

You may qualify for discounts

The cost of insuring your cars can be expensive, but there may be some discounts that many consumers don’t even know exist. Some trigger automatically at quote time, but a few must be asked for before you get the savings.

  • Discounts for New Vehicles – Buying a new car instead of a used car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Multi-Vehicle Discounts – Having all your vehicles with one company can reduce the rates for all insured vehicles.
  • Smart Student Discounts – Performing well in school may save as much as 25% on a insurance coverage quote. Many companies even apply the discount to college students until age 25.
  • Memberships – Participating in certain professional organizations can get you a small discount on your next auto insurance statement.
  • Senior Citizen Discount – Drivers over the age of 55 may qualify for a discount up to 10% on Regal insurance.
  • Bundled Policy Discount – If you insure your home and vehicles with the same company you could save nearly 15% which can help you find inexpensive insurance coverage.
  • Driver Safety – Participating in a driver safety class is a good idea and can lower rates if you qualify.
  • Own a Home and Save – Owning a house may earn you a small savings because it is proof of financial responsibility.
  • Seat Belt Usage – Requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) off the medical payments premium.
  • Onboard Data Collection – Insureds who allow companies to monitor where and when they drive by installing a telematics device such as Progressive’s Snapshot could possibly reduce rates as long as they are good drivers.

A quick disclaimer, most of the big mark downs will not be given to your bottom line cost. A few only apply to the cost of specific coverages such as comp or med pay. Even though the math looks like you would end up receiving a 100% discount, companies wouldn’t make money that way.

Some of the larger companies that may include some of the discounts shown above include:

It’s a good idea to ask all the companies to apply every possible discount. Depending on the company, some discounts may not be offered in your area. For a list of companies that offer multiple discounts, click here to view.

Reduce insurance rates with these tips

When buying insurance it’s important to understand some of the elements that play a part in calculating the price you pay for insurance. If you understand what positively or negatively impacts your premiums, this enables you to make decisions that can help you get much lower annual insurance costs. Many factors are part of the calculation when premium rates are determined. A few of the factors are predictable like an MVR report, but others are less apparent like where you live and annual miles driven.

The factors shown below are a few of the “ingredients” used by insurance companies to determine your premiums.

  • Lower rates with GPS tracking and theft deterrents – Purchasing a vehicle with anti-theft technology or alarm system can help bring down rates. Systems that thwart theives like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft and help lower rates.
  • Lower premiums for vehicles with better crash test results – Vehicles with good safety scores tend to be cheaper to insure. Highly rated vehicles reduce occupant injuries and fewer injuries means lower claim amounts and cheaper rates on your policy. If your Buick Regal earned at least four stars on Safercar.gov you may qualify for a discount.
  • Do you have enough liability insurance? – The liability section of your policy is the coverage that protects you when a court rules you are at fault for physical damage or personal injury to other. This coverage provides you with a defense in court which can cost thousands of dollars. Liability is cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
  • Low credit history equals high prices – Having a bad credit score can be a huge factor in calculating your premium rate. So if your credit rating leaves room for improvement, you could potentially save money when insuring your 2000 Buick Regal by taking the time to improve your credit score. People that have high credit scores tend to be better drivers and file fewer claims as compared to drivers with poor credit.
  • How do annual miles impact costs? – The more you drive in a year’s time the more you will pay for insurance. Many insurance companies calculate rates based on their usage. Vehicles that sit idle most of the time qualify for better rates than those that get driven frequently. A policy that improperly rates your Regal is just wasting money. It’s a good idea to make sure your declarations sheet properly reflects the right rating data, because improper ratings can cost you money.

There’s no such thing as the perfect insurance policy

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine whether you might need professional guidance.

  • Are split liability limits better than a combined single limit?
  • I have a DUI can I still get coverage?
  • What are the financial responsibility laws in my state?
  • What is an SR-22 filing?
  • Are rental cars covered under my policy?
  • When should I drop full coverage on my 2000 Buick Regal?
  • Does having multiple vehicles earn me a discount?
  • Who is covered by my policy?
  • Do I need higher collision deductibles?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. If you don’t have a local agent, complete this form.

Car insurance specifics

Having a good grasp of car insurance helps when choosing which coverages you need and proper limits and deductibles. Car insurance terms can be confusing and reading a policy is terribly boring.

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your 2000 Buick Regal.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for ambulance fees, pain medications and funeral costs. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Liability car insurance – This protects you from injuries or damage you cause to people or other property in an accident. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like repair bills for other people’s vehicles, structural damage and medical services. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Collision – Collision coverage covers damage to your Regal resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like driving through your garage door, crashing into a building, sideswiping another vehicle and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

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

Comprehensive insurance covers things such as a broken windshield, fire damage, a tree branch falling on your vehicle, rock chips in glass and vandalism. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Final thoughts

When shopping online for insurance coverage, it’s a bad idea to reduce coverage to reduce premium. There are many occasions where someone dropped physical damage coverage only to regret that the few dollars in savings costed them thousands. Your objective should be to buy a smart amount of coverage at the best possible price while still protecting your assets.

Insureds leave their current company for a variety of reasons including questionable increases in premium, not issuing a premium refund, being labeled a high risk driver and high prices. Regardless of your reason for switching companies, finding a great new company is actually quite simple.

We just presented some good ideas how to save on 2000 Buick Regal insurance. It’s most important to understand that the more you quote insurance coverage, the more likely it is that you will get a better rate. Consumers may even find the lowest rates are with a company that doesn’t do a lot of advertising.

More detailed insurance coverage information is located by following these links: