How Much Does 2004 Pontiac Grand Am Car Insurance Cost?

Searching for the cheapest insurance coverage rates for your Pontiac Grand Am? Have you finally had enough of trying to scrape together enough money to pay high insurance coverage rates every month? You have the same problem as many other consumers. Lots of insurers contend for your insurance dollar, and because of this it can be hard to compare insurers and uncover the absolute cheapest price

Auto insurance discounts are available to cut your rates

Auto insurance companies don’t always list every discount they offer in an easy-to-find place, so the following list contains some of the best known and the harder-to-find credits available to you. If you don’t get every credit you deserve, you may be paying too high a price.

  • Full Payment Discount – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may have a lower total premium amount.
  • Drive Safe and Save – Drivers who avoid accidents may receive a discount up to 45% on Grand Am insurance compared to rates paid by drivers with frequent claims.
  • Senior Citizen Discount – If you’re over the age of 55, you are able to get a small decrease in premiums on Grand Am insurance.
  • Online Discount – Many insurance companies give back up to $50 for buying your policy on your computer.
  • ABS and Traction Control Discounts – Anti-lock brake equipped vehicles are much safer to drive and will save you 10% or more.

One last thing about discounts, some credits don’t apply to the entire cost. A few only apply to specific coverage prices like medical payments or collision. If you do the math and it seems like all those discounts means the company will pay you, you aren’t that lucky.

The best auto insurance companies and a summarized list of policyholder discounts can be read below.

  • Travelers may include discounts for new car, multi-car, student away at school, payment discounts, continuous insurance, and save driver.
  • 21st Century offers discounts including good student, defensive driver, driver training, teen driver, student driver, and automatic seat belts.
  • State Farm policyholders can earn discounts including accident-free, multiple policy, good student, driver’s education, safe vehicle, and Steer Clear safe driver discount.
  • Geico may have discounts that include membership and employees, military active duty, daytime running lights, driver training, air bags, anti-lock brakes, and multi-vehicle.
  • SAFECO discounts include teen safe driver, homeowner, drive less, accident prevention training, anti-theft, and teen safety rewards.
  • AAA offers discounts for pay-in-full, AAA membership discount, multi-car, anti-theft, and good driver.

When getting a coverage quote, ask every prospective company how you can save money. Depending on the company, some discounts might not be offered in your area. If you would like to view insurance companies who offer discounts, follow this link.

Everyone needs different auto insurance coverages

When it comes to choosing the best auto insurance coverage for your vehicles, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions may help you determine whether you might need professional guidance.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Am I covered if I hit a deer?
  • Should I bundle my homeowners policy with my auto?
  • Why does it cost so much to insure a teen driver?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my custom paint covered by insurance?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Beware of misleading insurance coverage ads

Drivers can’t get away from all the ads that claim the lowest prices by companies like Allstate and Progressive. They all seem to advertise the message that drivers can save some big amount if you get a free auto insurance quote and switch your coverage to them.

How does each company lower your prices? Just pay attention to how they say it.

All the different companies have a preferred profile for the type of driver that is profitable for them. For example, a profitable insured might have to be a married male, is a homeowner, and drives a lower-performance vehicle. A customer who matches those parameters will probably get the lowest premium rates and will probably save a lot of money.

Insureds who don’t qualify for these stringent criteria may receive more expensive rates which usually ends up with the customer buying from a different company. If you listen to the ad wording, they say “drivers who switch” not “all people who quote” save that much. That’s the way companies can truthfully make the claims of big savings.

This really illustrates why it’s extremely important to compare as many free auto insurance quotes as you can. You cannot predict which insurance companies will have better prices than you’re paying now.

Auto insurance coverage information

Understanding the coverages of a auto insurance policy helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages found on most auto insurance policies.

Medical expense insurance – Med pay and PIP coverage pay for immediate expenses such as funeral costs, hospital visits and EMT expenses. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and also covers being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverages – This protects you from damages or injuries you inflict on a person or their property. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers things like repair costs for stationary objects, bail bonds and legal defense fees. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hail damage, falling objects, theft and vandalism. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision coverages – Collision insurance will pay to fix damage to your Grand Am resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like damaging your car on a curb, rolling your car, hitting a parking meter and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

A fool and his money are soon parted

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 sacrificed full coverage only to find out that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy a smart amount of coverage at the best price, but do not skimp to save money.

Some insurance companies do not provide the ability to get a quote online and these regional carriers only sell through independent agents. Discount 2004 Pontiac Grand Am insurance can be sourced from both online companies in addition to many insurance agents, so compare prices from both to get a complete price analysis.

You just read some good ideas how you can get a better price on 2004 Pontiac Grand Am insurance. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding affordable auto insurance. Consumers may even find the biggest savings come from some of the lesser-known companies. Regional companies can often provide lower car insurance rates in certain areas than their larger competitors like State Farm, Geico and Nationwide.

Additional detailed information can be found at these sites: