Lower Your 1993 Pontiac Grand Prix Car Insurance Rates

Want cheaper car insurance rates? Drivers have a choice when trying to find low-cost Pontiac Grand Prix insurance. They can either waste time struggling with agents to get rate comparisons or use the internet to compare rates.

There is a better way to find car insurance online and you need to know the best way to quote coverages on a Pontiac and find the best price possible from local insurance agents and online providers.

What determines your Pontiac Grand Prix insurance premium

Smart consumers have a good feel for some of the elements that play a part in calculating your insurance coverage rates. Knowing what impacts premium levels helps enable you to make changes that could result in better insurance coverage rates.

Shown below are a partial list of the pieces that factor into premiums.

  • Lower miles equals lower premium – Driving more miles in a year the more you’ll pay to insure your vehicle. Most insurance companies rate vehicles based on their usage. Autos used primarily for pleasure use qualify for better rates than those used for commuting. Double check that your insurance coverage coverage shows the proper vehicle usage. Incorrect usage on your Grand Prix may be wasting your money.
  • Your spouse saves you money – Having a wife or husband actually saves money on insurance coverage. Marriage translates into being more responsible and it’s statistically proven that drivers who are married are more cautious.
  • Don’t let your coverage lapse – Driving without insurance can get your license suspended and insurance coverage companies will penalize you for letting your coverage have a gap. Not only will rates go up, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Too many insurance coverage claims drive up costs – Car insurance companies award lower rates to people who do not file claims often. If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Auto insurance is intended to be relied upon for larger claims.

These discounts can slash auto insurance rates

The price of auto insurance can be rather high, but there could be available discounts to cut the cost considerably. Most are applied when you quote, but a few must be specifically requested prior to receiving the credit. If you’re not getting every credit available, you are throwing money away.

  • Auto/Life Discount – Some companies give better rates if you take out life insurance.
  • Save over 55 – Mature drivers may receive a small decrease in premiums on Grand Prix insurance.
  • Save with a New Car – Insuring a new car can save up to 30% due to better safety requirements for new cars.
  • No Claims – Claim-free drivers pay much less compared to drivers who are more careless.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off your medical payments premium.
  • No Charge for an Accident – A handful of insurance companies will forgive one accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
  • Multiple Policy Discount – When you combine your home and auto insurance with one company you may save at least 10% off all policies.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Pontiac can earn lower rates on the low mileage vehicles.

Drivers should understand that some credits don’t apply the the whole policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because you may think all the discounts add up to a free policy, companies wouldn’t make money that way. But any discount will cut the cost of coverage.

Car insurance companies that may offer these money-saving discounts may include but are not limited to:

Check with all companies you are considering which discounts you may be entitled to. Discounts may not be available in your area.

Misconceptions in auto insurance advertisements

Drivers can’t ignore all the ads for the lowest price auto insurance from the likes of State Farm, Allstate and GEICO. They all make an identical promise that you’ll save big if you switch your coverage to them.

How do they all say the same thing?

All the different companies can use profiling for the type of customer that is profitable for them. A good example of a preferred risk could possibly be over the age of 50, has no driving citations, and has a short commute. A customer who meets those qualifications gets the lowest rates and most likely will save a lot of money.

Consumers who are not a match for these standards must pay higher prices which usually ends up with business going elsewhere. The ads state “customers who switch” but not “drivers who get quotes” save that kind of money. That is how companies can truthfully make those claims.

This illustrates why you absolutely need to quote coverage with many companies. You cannot predict the company that will have the lowest Pontiac Grand Prix insurance rates.

When might I need the advice of an agent?

When buying adequate coverage for your vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions could help you determine whether you might need an agent’s assistance.

  • Do all my vehicles need collision coverage?
  • Should I have combined single limit or split liability limits?
  • Am I covered by my spouse’s policy after a separation?
  • Why am I required to get a high-risk car insurance policy?
  • Why am I required to buy liability insurance?
  • How does medical payments coverage work?
  • Am I covered if I hit my neighbor’s mailbox?
  • When can my company non-renew my policy?

If you can’t answer these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance 101

Knowing the specifics of your auto insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive coverage

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, hail damage, theft, hitting a deer and a broken windshield. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability coverages

This coverage can cover injuries or damage you cause to people or other property in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as attorney fees, bail bonds, legal defense fees and medical expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.

Collision coverage

Collision coverage pays for damage to your Grand Prix caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as crashing into a ditch, backing into a parked car, sideswiping another vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like surgery, funeral costs, pain medications, chiropractic care and dental work. They are utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Pontiac Grand Prix.

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 very important. Normally the UM/UIM limits do not exceed the liability coverage limits.

Compare but don’t skimp

We just covered many ideas to shop for 1993 Pontiac Grand Prix insurance online. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding lower rates. Consumers could even find that the biggest savings come from a small mutual company.

Drivers switch companies for a variety of reasons including unfair underwriting practices, high rates after DUI convictions, policy non-renewal and denial of a claim. Regardless of your reason for switching companies, switching car insurance companies is easier than you think.

Lower-priced insurance is attainable from both online companies in addition to many insurance agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies do not provide the ability to get a quote online and most of the time these smaller companies sell through independent agents.

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