Lower Your 2003 Saab 9-5 Insurance Cost

Looking for cheaper car insurance rates? Shoppers have many options when shopping for affordable Saab 9-5 insurance. They can either waste time calling around trying to get quotes or utilize the internet to make rate comparisons.

There are more efficient ways to buy car insurance and we’ll show you the proper way to quote coverages for a new or used Saab and obtain the best price possible from both online companies and local agents.

It’s a good idea to do rate comparisons on a regular basis because rates trend upward over time. Even if you think you had the lowest rate on 9-5 coverage two years ago a different company probably has better prices today. Forget all the misinformation about car insurance because you’re about to learn the proper way to save on car insurance.

Saab 9-5 insurance cost factors

Consumers need to have an understanding of the different types of things that help determine your policy premiums. If you understand what controls the rates you pay, this helps enable you to make changes that may result in big savings. Multiple criteria are part of the calculation when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but others are more transparent like your continuous coverage and annual miles driven.

  • Vocation stress can make you pay more – Did you know your occupation can influence how much you pay for insurance coverage? Careers such as fire fighters, social workers and accountants have the highest rates because of intense work-related stress and long work hours. On the flip side, occupations such as professors, athletes and the unemployed receive lower rates on 9-5 coverage.
  • Put fewer miles on your vehicle – The more miles you rack up on your Saab every year the more you’ll pay to insure your vehicle. Most insurance companies price each vehicle’s coverage based on how the vehicle is used. Cars and trucks that do not get driven very much receive lower rates than vehicles that have high annual mileage. Having the wrong rating on your 9-5 can result in significantly higher rates. Double check that your policy states the proper vehicle usage.
  • More traffic means higher claims – Having an address in less populated areas of the country can be a good thing if you are looking for the lowest rates. Less people means fewer accidents and also fewer theft and vandalism claims. People in densly populated areas tend to have congested traffic and more severe claims. The longer drive time means more chances of being involved in an auto accident.
  • Raise comp and collision deductibles and save – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your Saab. Some instances where coverage would apply would be a broken windshield, damage from fire, and damage from a fallen tree branch. Physical damage deductibles define the amount you are required to pay before a claim is paid by your company. The more damage repair cost you’re willing to pay, the lower your rates will be on 9-5 coverage.
  • Policy add-ons may not be needed – There are a lot of optional add-on coverages that may not really be needed if you aren’t diligent. Insurance for vanishing deductibles, towing coverage, and Farm Bureau memberships may not be needed and are just wasting money. They may seem like a good idea when buying your policy, but if you’ve never needed them in the past remove them and pocket the money.
  • Prevent insurance coverage policy lapses – Driving with no insurance can get you a ticket and you will pay a penalty because you let your coverage have a gap. In addition to paying higher rates, not being able to provide proof of insurance will get you a steep fine or even jail time.
  • Lower rates for vehicles with better crash test results – Vehicles that have high safety ratings tend to be cheaper to insure. Safer cars result in less severe injuries and reduced instances of injuries means lower claim amounts passed on to you as lower rates. If the Saab 9-5 scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may be receiving a better rate.

Compare free insurance coverage rate quotes

Most companies like Geico, State Farm and Progressive allow consumers to get prices directly from their websites. This process doesn’t take a lot of time as you simply type in the coverages you want on the page. Behind the scenes, the system pulls your driving record and credit report and gives you a price quote.

Online price quotes makes it a lot easier to compare rates but the work required to visit multiple sites and complete many quote forms is a waste of time. But it’s absolutely necessary to compare as many rates as possible if you want to find a lower rate.

A more efficient way to lower your rates requires only one form to return rates from multiple companies. It’s a real time-saver, reduces the work, and makes online shopping a lot less work. Immediately after submitting the form, it is rated with multiple companies and you can pick any of the quotes that you receive.

If the quotes result in lower rates, you simply finish the application and purchase the new policy. The whole process takes just a few minutes to complete and you will find out if you’re overpaying now.

In order to find out how much you’re overpaying now, click here and input your coverage information. If you have coverage now, it’s recommended you replicate the coverage information as close as possible to your current policy. Using the same limits helps guarantee you will get comparison quotes for exact coverage.

Car insurance discounts help cut rates

Auto insurance companies don’t always advertise all available discounts very clearly, so here is a list a few of the more common in addition to some of the lesser obvious savings tricks you should be using when you buy insurance online.

  • Club Memberships – Participating in certain professional organizations could qualify you for a break on your policy.
  • More Vehicles More Savings – Drivers who insure multiple cars on one policy could earn a price break for each car.
  • Use Seat Belts – Forcing all vehicle occupants to buckle up can save up to 15% off the personal injury premium cost.
  • Waiver for an Accident – This isn’t a discount exactly, but some companies like Progressive and Allstate will turn a blind eye to one accident before your rates go up if you have no claims prior to the accident.
  • College Student – Any of your kids living away from home attending college and won’t have access to an insured vehicle may qualify for this discount.
  • Student Discounts – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.
  • Defensive Driving Course – Taking a course teaching safe driver skills may get you a small discount and easily recoup the cost of the course.
  • Multi-policy Discount – If you combine your auto and homeowners policies with one insurance company you could earn a discount of as much as 10 to 15 percent.
  • Renewal Discounts – Some insurance companies provide a discount for buying a new policy before your current expiration date. It’s a savings of about 10%.

Policy discounts save money, but many deductions do not apply to all coverage premiums. Some only apply to individual premiums such as comp or med pay. Despite the appearance that all the discounts add up to a free policy, car insurance companies aren’t that generous.

The best car insurance companies and some of the discounts are shown below.

  • 21st Century offers discounts for 55 and older, good student, air bags, anti-lock brakes, and automatic seat belts.
  • State Farm has discounts for accident-free, good student, multiple policy, passive restraint, Steer Clear safe driver discount, and good driver.
  • AAA may include discounts for AAA membership discount, good driver, education and occupation, multi-car, and good student.
  • Liberty Mutual offers premium reductions for newly retired, hybrid vehicle, multi-car, new graduate, teen driver discount, and exclusive group savings.
  • Progressive has savings for continuous coverage, multi-vehicle, online signing, multi-policy, homeowner, good student, and online quote discount.

If you are trying to find cheap insurance quotes, ask every insurance company to give you their best rates. All car insurance discounts may not be available in your area.

Which is the best insurance coverage?

When it comes to choosing proper insurance coverage, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s.

Here are some questions about coverages that can help discover if you would benefit from an agent’s advice.

  • Why am I required to buy liability insurance?
  • Is my nanny covered when driving my vehicle?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Why is insurance for a teen driver so high?
  • What is UM/UIM insurance?
  • Is a blown tire covered by insurance?
  • Do I have coverage when pulling a U-Haul trailer?
  • What are the financial responsibility laws in my state?
  • Are split liability limits better than a combined single limit?
  • Where can I find DUI or SR-22 insurance?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and may give you better protection.

Auto insurance policy coverages for a 2003 Saab 9-5

Understanding the coverages of a auto insurance policy aids in choosing which coverages you need for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection 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 as well as damage to your Saab 9-5.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like rehabilitation expenses, dental work, EMT expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability car insurance

This coverage provides protection from damage that occurs to a person or their property that is your fault. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims like medical services, emergency aid and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but consider buying as large an amount as possible.

Auto collision coverage

Collision coverage covers damage to your 9-5 caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things like sustaining damage from a pot hole, scraping a guard rail, colliding with another moving vehicle, crashing into a ditch and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things such as rock chips in glass, fire damage and falling objects. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Get your money’s worth

Consumers who switch companies do it for many reasons like policy cancellation, poor customer service, high rates after DUI convictions or high prices. Whatever your reason, choosing a new company is less work than it seems.

In this article, we covered some good ideas how to get a better price on 2003 Saab 9-5 insurance. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with a small local company.

As you prepare to switch companies, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where someone dropped comprehensive coverage or liability limits only to regret that the small savings ended up costing them much more. Your goal should be to buy enough coverage for the lowest price and still be able to protect your assets.

Additional insurance coverage information can be found below: