2001 Pontiac Grand Prix Insurance Rates

Want the cheapest auto insurance rates for your Pontiac Grand Prix? Are you tired of robbing Peter to pay Paul to buy auto insurance? You are no different than many other consumers.

Many insurers vie for your hard-earned dollar, so it can be very hard to choose a company to find the absolute best rates possible.

It’s smart to quote other rates as often as possible because auto insurance prices change frequently. Even if you got the best rate for Grand Prix coverage at your last renewal a different company probably has better premium rates today. Block out anything you think you know about auto insurance because you’re going to get a crash course in one of the quickest ways to lower your annual insurance bill.

Compare auto insurance rates

There are a variety of methods to shop for auto insurance, and some are easier and takes less work. You can waste hours discussing policy coverages with insurance agencies in your area, or you can stay home and use the web to get the quickest rates.

Most car insurance companies enroll in a system that allows shoppers to enter their coverage request one time, and at least one company then gives them pricing based on the submitted data. This eliminates the need for repetitive form submissions for each company you want a rate for.

To compare pricing click to open in new window.

The only drawback to comparing rates this way is buyers cannot specifically choose which providers to get quotes from. If you prefer to choose specific insurance companies to compare, we put together a list of companies who write auto insurance in your area. Click here to view list.

You can choose any of those ways to find more affodable coverage, but make sure you use identical coverage limits and deductibles for every quote you compare. If you use different limits and deductibles on each one it will be impossible to find the best deal for your Pontiac Grand Prix. Quoting even small variations in insurance coverages or limits could throw off the whole comparison. And when quoting auto insurance, remember that comparing all the rates in your area gives you a better chance of getting more affordable insurance. Some regional insurers cannot provide quotes online, so you need to compare price quotes from those companies as well.

Advertising and insurance coverage

Insurance coverage companies such as State Farm and Allstate regularly use ads in print and on television. They all seem to advertise claims that drivers can save some big amount if you switch to them. How is it possible that every company can sell you cheaper insurance coverage? You have to listen carefully.

Many companies have specific criteria for the type of customer that earns them a profit. For example, a driver they prefer may be over the age of 35, is a homeowner, and drives less than 7,500 miles a year. Any driver who fits those characteristics will qualify for the lowest prices and will save money with a new company.

Insureds who fall outside this stringent profile will be quoted a higher rate and this results in the driver buying from a lower-cost company. Company advertisements say “drivers who switch” but not “everyone who gets a quote” save that much money. That is how companies can truthfully advertise the way they do. That is why you really should compare as many free insurance quotes as you can. You cannot predict with any certainty which company will fit your personal profile best.

Smart consumers know how to quote insurance for less

Consumers need to have an understanding of some of the elements that play a part in calculating your policy premiums. When consumers understand what controls the rates you pay, this enables informed choices that may result in lower premium levels.

Listed below are some of the things used by insurance companies to determine your premiums.

  • Guys tend to take more risk – Statistics show that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Women and men cause accidents at about the same rate, but the men tend to have higher claims. Not only are claims higher, but men receive more major tickets such as driving while intoxicated (DWI) or driving recklessly.
  • Youthful drivers pay more – Drivers with little experience are known to be inattentive and easily distracted when behind the wheel therefore insurance rates are much higher. Parents adding a beginning driver onto a policy can increase premiums substantially. Older, more experienced drivers are viewed as being more responsible, file fewer claims and are safer drivers.
  • Married people drive safer – Being married can get you a discount compared to being single. It is viewed as being more mature and responsible it has been statistically shown that married couples file fewer claims.
  • Liability protection preserves assets – Your policy’s liability coverage is the protection in the event that a jury decides you are liable for an accident. Liability insurance provides legal defense coverage starting from day one. It is affordable coverage when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
  • Cautious drivers have lower costs – Having a clean driving record influences premium rates substantially. Just one citation can bump up the cost substantially. Careful drivers have lower premiums than their less careful counterparts. Drivers who get careless citations such as hit and run, DWI or reckless driving convictions might be required by their state to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to keep their license.
  • Pay more out-of-pocket – The deductibles you choose tell how much you are willing to pay out-of-pocket if a covered claim is submitted. Physical damage protection, aka comp and collision, is used to repair damage to your car. Examples of some claims that would be covered could be collision with another vehicle, damage from fire, and damage caused by road hazards. The larger the amount you are required to pay out-of-pocket, the lower your rates will be for Grand Prix coverage.
  • More people means more accidents – Living in less populated areas can be a good thing when insuring your vehicles. Residents of big cities have to deal with more aggressive driving styles and more severe claims. Fewer drivers means less chance of accidents and also fewer theft and vandalism claims.
  • Policy add-ons could be costing you – There are a lot of extra coverages that may not really be needed but may not be useful. Insurance for replacement cost coverage, death and dismemberment, and motor club memberships may not be needed and are just wasting money. These coverages may sound good at first, but if you have no use for them remove them and pocket the money.

Save a ton with these insurance discounts

Some providers don’t necessarily list every disount available very well, so here is a list some of the best known in addition to some of the lesser obvious credits available to lower your premiums when you buy insurance online.

  • Smart Student Discounts – Performing well in school may save you up to 25%. This discount can apply up until you turn 25.
  • Passive Restraints and Air Bags – Factory options such as air bags and/or automatic seat belt systems could see savings of up to 25% or more.
  • Discount for Multiple Policies – If you have multiple policies with the same company you may save approximately 10% to 15%.
  • Driver Training Discounts – Participating in a safe driver class could cut 5% off your bill and easily recoup the cost of the course.
  • Savings for New Vehicles – Buying a new car instead of a used car can save up to 30% compared to insuring an older model.

While discounts sound great, it’s important to understand that some credits don’t apply to your bottom line cost. Most only apply to individual premiums such as liability, collision or medical payments. Despite the appearance that all those discounts means the company will pay you, insurance companies aren’t that generous.

A list of companies and some of the premium reductions they offer are outlined below.

  • Geico discounts include multi-vehicle, anti-theft, five-year accident-free, daytime running lights, emergency military deployment, membership and employees, and seat belt use.
  • MetLife may include discounts for claim-free, accident-free, multi-policy, good student, and defensive driver.
  • Progressive may offer discounts for good student, online signing, multi-policy, homeowner, online quote discount, and multi-vehicle.
  • Travelers offers premium reductions for multi-car, payment discounts, continuous insurance, driver training, home ownership, and student away at school.
  • SAFECO may have discounts that include teen safety rewards, teen safe driver, anti-theft, homeowner, safe driver, bundle discounts, and multi-car.
  • AAA includes discounts for multi-car, education and occupation, multi-policy, good driver, AAA membership discount, anti-theft, and pay-in-full.

If you are trying to find cheap insurance quotes, ask each company what discounts are available to you. All car insurance discounts may not apply to policies in your area. If you would like to view insurers who offer online insurance quotes, click here to view.

Auto insurance can get complicated

When choosing the best auto insurance coverage, there isn’t really a cookie cutter policy. Every situation is different and your policy should reflect that. Here are some questions about coverages that could help you determine whether or not you may require specific advice.

  • Am I insured when driving a different vehicle?
  • At what point should I drop full coverage?
  • What is the minimum liability in my state?
  • Do I need rental car coverage?
  • What companies insure drivers after a DUI or DWI?
  • Am I covered if I crash into my own garage door?
  • Is my state a no-fault state?
  • Is my cargo covered for damage or theft?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.

Car insurance policy specifics

Having a good grasp of car insurance helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages found on most car insurance policies.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as falling objects, damage from flooding, a broken windshield and vandalism. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for bills like dental work, hospital visits, rehabilitation expenses, X-ray expenses and EMT expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Auto liability insurance

This coverage provides protection from damage that occurs to other people or property by causing an accident. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims such as funeral expenses, court costs, pain and suffering and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Collision insurance

Collision coverage covers damage to your Grand Prix resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like driving through your garage door, crashing into a ditch, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.

Buy Smart and Save

You just learned many ideas to get a better price on 2001 Pontiac Grand Prix insurance. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers may even find the lowest premium rates come from an unexpected company. Regional companies may often insure only within specific states and give getter rates than their larger competitors like State Farm or Progressive.

Budget-friendly auto insurance is attainable both online and from local insurance agents, and you need to price shop both in order to have the best price selection to choose from. A few companies may not have online price quotes and most of the time these smaller providers provide coverage only through independent insurance agents.

While you’re price shopping online, don’t be tempted to sacrifice coverage to reduce premiums. There are too many instances where consumers will sacrifice full coverage to discover at claim time they didn’t have enough coverage. The aim is to purchase plenty of coverage at the best cost but still have enough coverage for asset protection.

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