If you are a novice to online auto insurance shopping, you can easily be bewildered by the vast number of insurance providers selling insurance.
Some companies don’t list every available discount in a way that’s easy to find, so we researched some of the best known in addition to some of the lesser obvious discounts you could be receiving when you buy insurance online.
Keep in mind that some credits don’t apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So even though you would think all the discounts add up to a free policy, you aren’t that lucky.
Car insurance companies that may offer policyholders many of the previously listed discounts possibly include:
When quoting, ask all companies you are considering the best way to save money. A few discounts may not be available in every state. To view insurance companies with significant discounts, follow this link.
The are a couple different ways of comparing price quotes from different companies. One of the best ways to do a complete rate comparison is to jump online and get quotes. This is very easy and can be done by using one of the methods below.
You can choose any of those ways to find more affodable coverage, but try to use exactly the same information on every price quote you get. If the quotes have mixed coverages it will be next to impossible to determine the best price for your Pontiac Grand Prix. Just a small difference in limits could mean much higher rates. And when price shopping your coverage, having more price comparisons provides better odds of finding a better price. Not every company provides online price quotes, so it’s necessary to compare prices from the smaller companies as well.
When choosing the right insurance coverage, there really is not a perfect coverage plan. Every situation is different.
Here are some questions about coverages that might point out whether or not you may require specific advice.
If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form.
Learning about specific coverages of your auto insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.
Coverage for liability
Liability insurance provides protection from damage or injury you incur to people or other property by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.
Liability coverage pays for things like emergency aid, bail bonds, funeral expenses, attorney fees and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.
Coverage for medical payments
Med pay and PIP coverage pay for bills for things like X-ray expenses, dental work and EMT expenses. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
Uninsured and underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these coverages do not exceed the liability coverage limits.
Collision insurance
This will pay to fix damage to your Grand Prix resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision can pay for things such as crashing into a building, damaging your car on a curb, rolling your car, backing into a parked car and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.
Comprehensive coverages
Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims such as damage from flooding, falling objects and a broken windshield. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Insureds leave their current company for many reasons like denial of a claim, delays in paying claims, delays in responding to claim requests or an unsatisfactory settlement offer. Whatever your reason, finding a great new company is not as hard as you think.
Throughout this article, we presented a lot of techniques to save on 2007 Pontiac Grand Prix insurance. The key concept to understand is the more companies you get rates for, the better your comparison will be. You may even find the lowest prices are with the least-expected company.
Some insurance companies may not offer online price quotes and usually these small, regional companies only sell coverage through local independent agents. Budget-friendly insurance is possible both online and with local insurance agents, and you should compare price quotes from both to have the best rate selection.
Additional insurance information is available at the links below