Save on 2001 Pontiac Grand Am Insurance Rates

Looking for lower car insurance rates for your Pontiac Grand Am? Did you come to the realization that you have an overpriced car insurance policy? Trust us when we tell you many consumers feel financially strained by their car insurance policy. Popular companies such as Progressive, State Farm and Geico all claim big savings with advertising and consumers find it hard to ignore the propoganda and take the time to shop coverage around.

How to buy car insurance

Reducing your 2001 Pontiac Grand Am insurance rates is actually easier than you may think. Consumers just need to spend a few minutes comparing rate quotes to find. This can be accomplished using one of these methods.

  1. One of the fastest ways to compare a lot of rates at once is a comparison rater form click to view form in new window. This easy form prevents you from having to do separate quotation requests for each price estimate. Just one form compares rates direct from many companies.
  2. A more time consuming way to find lower rates requires you to visit each individual company website and repeat the quote process. For instance, let’s say you want to get rates from Liberty Mutual, Safeco and GMAC. In order to get each rate, you would have to visit each site to input your insurance information, which can be really labor intensive. For a list of links to insurance companies in your area, click here.
  3. The least efficient and most time consuming method to find and compare rates is to drive around to each insurance agency near you. Buying insurance online can eliminate the need for a local agent unless you have a complicated situation and need the trained guidance of a local agency. Although, it is possible compare online quotes but buy the policy through an agent.

You can choose any of those ways to find more affodable coverage, but make absolute certain that you use apples-to-apples coverage limits on every quote you get. If you enter different liability limits it will be nearly impossible to determine the lowest rate for your Pontiac Grand Am.

The ad said I’d save $389 a year!

Consumers constantly see and hear ads that claim the cheapest prices from companies such as Allstate, Geico and Progressive. All the ads make an identical promise that people will save just by moving your car insurance policy to them.

How does every car insurance company charge you a lower premium?

Insurance companies are able to cherry pick for the type of customer that makes them money. A good example of a profitable risk profile may need to be between the ages of 40 and 55, has no claims, and drives less than 10,000 miles a year. Someone who fits that profile will get low prices and will also save if they switch.

Potential insureds who do not fit those criteria will probably be forced to pay higher premium rates and ends up with the prospect going elsewhere. The ads say “drivers that switch” not “everyone who quotes” save that much. That is how companies can advertise the savings.

Different companies use different criteria so it is so important to do a quote comparison often. It’s not possible to predict which car insurance company will have the best rates.

Buy Pontiac Grand Am insurance for less

Multiple criteria are used in the calculation when you get a price on insurance. Some are pretty understandable like an MVR report, although some other factors are more transparent such as your marital status or your vehicle rating.An important part of buying insurance is that you know some of the things that help calculate the level of your policy premiums. When you understand what positively or negatively impacts your premiums, this enables you to make decisions that could result in lower premium levels.

  • Lower rates by increasing coverage deductibles – Your deductibles tell how much you are required to pay before your insurance coverage pays a claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Examples of covered claims are collision with another vehicle, damage caused by hail, and damage from wind. The more of the claim you’re willing to pay, the lower your rates will be on Grand Am insurance.
  • Expect high rates for teens – Young drivers are statistically proven to get distracted easily when at the wheel of a vehicle so they pay higher insurance coverage rates. Older people are shown to be more cautious, cause fewer claims and accidents and get fewer tickets.
  • Extra policy coverages push up costs – There are quite a few add-on coverages you can purchase if you don’t pay attention. Coverage for things like rental car reimbursement, accidental death, and extra equipment coverage are examples of these. The coverages may be enticing initially, but if you have no use for them remove them and pocket the money.
  • Alarm systems lower rates – Purchasing a vehicle that has an advanced theft prevention system can save you some money. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft and help lower rates.

Earn discounts on car insurance

Companies offering auto insurance do not list all disounts in a way that’s easy to find, so the following list contains some of the more common and also the lesser-known savings tricks you should be using when you buy insurance coverage online.

  • 55 and Retired – Drivers that qualify as senior citizens could receive lower premium rates on Grand Am insurance.
  • Discount for Life Insurance – Insurance companies who offer life insurance give a lower premium rate if you buy a life policy as well.
  • Multiple Cars – Buying coverage for multiple vehicles with the same car insurance company can get a discount on all vehicles.
  • Accident Forgiveness Coverage – This one is not really a discount per se, but companies like Geico, State Farm, and Progressive will let one accident slide without raising rates so long as you are claim-free for a specific time period.
  • Federal Employees – Employees or retirees of the government can earn a discount up to 10% on Grand Am insurance but check with your company.
  • Discount for Multiple Policies – If you insure your home and vehicles and place coverage with the same company you may earn up to 20% off your total premium.

A quick disclaimer, many deductions do not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates you can get free auto insurance, that’s just not realistic.

Some of the insurance companies that may offer policyholders most of these discounts include:

When getting a coverage quote, ask each company how many discounts you can get. Savings may not apply to policies everywhere.

Tailor your car insurance coverage to you

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions might point out if your insurance needs could use an agent’s help.

  • Do I really need UM/UIM coverage?
  • Which is better, split liability limits or combined limits?
  • Are rock chip repairs covered?
  • Can I afford low physical damage deductibles?
  • Does coverage extend to Mexico or Canada?
  • I have a DUI can I still get coverage?
  • How can I get my company to pay me more for my totalled car?
  • Does my liability insurance cover pulling a trailer or camper?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance coverages

Learning about specific coverages of car insurance can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are the usual coverages found on most car insurance policies.

Auto liability

This can cover damage that occurs to a person or their property. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of 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 values of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims like loss of income, repair costs for stationary objects, repair bills for other people’s vehicles, funeral expenses and structural damage. The amount of liability coverage you purchase is a personal decision, but consider buying as much as you can afford.

UM/UIM Coverage

This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and also any damage incurred to your 2001 Pontiac Grand Am.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for EMT expenses, doctor visits and surgery. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like hitting a deer, vandalism, a broken windshield and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage protection

Collision insurance pays for damage to your Grand Am from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as rolling your car, colliding with another moving vehicle, sideswiping another vehicle, sustaining damage from a pot hole and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Find Good Coverage for Less

As you restructure your insurance plan, it’s a bad idea to reduce coverage to reduce premium. In too many instances, an insured dropped comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The proper strategy is to purchase plenty of coverage at the lowest possible cost, but don’t skip important coverages to save money.

We just covered many ways to shop for 2001 Pontiac Grand Am insurance online. The key concept to understand is the more price quotes you have, the higher your chance of finding cheaper insurance coverage. Drivers may discover the most savings is with the least-expected company. Some small companies can often provide lower rates in certain areas compared to the large companies like Allstate, Geico and Progressive.

A few companies do not provide the ability to get a quote online regional carriers work with local independent agencies. Cheaper insurance coverage can be found from both online companies and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis.

Additional insurance coverage information can be found below: