How Much Does 1998 Oldsmobile Eighty-Eight Insurance Cost?

Searching for cheaper insurance rates for your Oldsmobile Eighty-Eight? I can’t think of a single person who cherishes buying insurance, especially knowing they are paying too much.

Numerous insurance companies battle to insure your vehicles, so it’s not easy to compare every provider to find the absolute cheapest price

You should make it a habit to do rate comparisons periodically because insurance rates change regularly. Even if you think you had the best deal on Eighty-Eight insurance on your last policy you can probably find a better price now. Forget anything you know (or think you know) about insurance because you’re about to find out the quickest way to find the best coverage while lowering your premiums.

Which Insurance Coverage is Cheapest?

The are a couple different ways to compare rate quotes from different insurance companies. The fastest way to find the lowest 1998 Oldsmobile Eighty-Eight rates is to use the internet to compare rates. It is quite easy and can be accomplished in several different ways.

The single most time-saving way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This easy form saves time by eliminating boring form submissions for every insurance coverage company. A single, simple form will return quotes from all major companies.

Another way to analyze rates requires visiting the website of each company and request a quote. For instance, let’s say you want rates from GEICO, Liberty Mutual and Allstate. You would have to go to every website and enter your information, which is why the first method is more popular. To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just compare identical coverage limits and deductibles for every company. If each company quotes different limits and deductibles on each one it’s not possible to determine which rate is truly the best. Having just a slight variation in coverage limits can make a big difference in price. Keep in mind that more quotes will increase your chances of finding the best rates.

Cut your auto insurance rates with discounts

Insuring your fleet can be pricey, but there are discounts available that you may not even be aware of. Some trigger automatically when you purchase, but some may not be applied and must be specially asked for before they will apply.

  • Senior Citizens – If you’re over the age of 55, you may be able to get better auto insurance rates on Eighty-Eight insurance.
  • Homeowners Discount – Simply owning a home may trigger a auto insurance policy discount because of the fact that having a home shows financial diligence.
  • Military Discounts – Being on active duty in the military can result in better rates.
  • More Vehicles More Savings – Having multiple cars or trucks on the same auto insurance policy may reduce the rate for each vehicle.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education if it’s offered in school.
  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
  • Low Mileage – Fewer annual miles on your Oldsmobile can qualify you for better rates on cars that stay parked.
  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off on Eighty-Eight insurance with a few auto insurance companies.
  • E-sign – Some insurance companies may give you up to $50 for buying your policy over the internet.
  • Life Insurance Discount – Companies who offer life insurance give a discount if you purchase life insurance from them.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. A few only apply to the price of certain insurance coverages like medical payments or collision. Just because you may think adding up those discounts means a free policy, you’re out of luck. But any discount will bring down the cost of coverage.

Insurance companies that possibly offer these money-saving discounts include:

It’s a good idea to ask all companies you are considering how you can save money. Discounts might not apply in your state.

Factors that might impact rates for an Oldsmobile Eighty-Eight

An important part of buying insurance is that you know the rating factors that go into determining the price you pay for car insurance. Knowing what determines base rates empowers consumers to make smart changes that may reward you with big savings.

Listed below are a partial list of the pieces used by your company to calculate rates.

  • Are you male or female? – Statistics show women tend to be less risk to insure than men. Now that doesn’t mean women are BETTER drivers than men. Men and women cause accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also tend to have more aggressive citations such as reckless driving.
  • Credit scores impact car insurance rates – Credit history is a important factor in your rate calculation. If your credit history is not that good, you could save money insuring your 1998 Oldsmobile Eighty-Eight by spending a little time repairing your credit. People with high credit scores tend to be more responsible than drivers who have lower credit scores.
  • Safer cars are cheaper to insure – Safer cars are cheaper to insure. Safer cars have better occupant injury protection and better occupant protection means less money paid by your insurance company and lower rates for you. If the Oldsmobile Eighty-Eight is rated at least four stars on Safercar.gov you are probably receiving a discount.
  • Little extras can really add up – There are quite a few additional coverages that can waste your money on your car insurance policy. Coverages like vanishing deductibles, accident forgiveness and term life insurance may be wasting your money. They may seem good at first, but if they’re wasting money get rid of them and save.

You are unique and your auto insurance should be too

When it comes to choosing adequate coverage for your personal vehicles, there really is not a cookie cutter policy. Everyone’s situation is a little different so this has to be addressed. For example, these questions might point out whether or not you may require specific advice.

  • Should I buy only the required minimum liability coverage?
  • Is my dog or cat covered if injured in an accident?
  • How much liability insurance is required?
  • Should I bundle my homeowners policy with my auto?
  • Do I have coverage for damage caused while driving under the influence?
  • Will I be non-renewed for getting a DUI or other conviction?
  • When should I drop full coverage on my 1998 Oldsmobile Eighty-Eight?
  • When would I need rental car insurance?
  • Should I have a commercial auto policy?
  • Is business equipment covered while in my vehicle?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Specifics of your car insurance policy

Having a good grasp of a car insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types found on most car insurance policies.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like rehabilitation expenses, surgery, dental work, ambulance fees and EMT expenses. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

This coverage will pay to fix damage to your Eighty-Eight resulting from colliding 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 colliding with another moving vehicle, backing into a parked car and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Oldsmobile Eighty-Eight.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently the UM/UIM limits are set the same as your liablity limits.

Liability car insurance

Liability coverage provides protection from injuries or damage you cause to a person or their property in an accident. It protects YOU against other people’s claims. 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 policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as repair bills for other people’s vehicles, medical services and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive auto coverage

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

Comprehensive coverage pays for claims like hitting a deer, hitting a bird and damage from flooding. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

At the end of the day…

When trying to cut insurance costs, do not reduce coverage to reduce premium. Too many times, someone dropped physical damage coverage and discovered at claim time that it was a big mistake. Your goal should be to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.

We just covered a lot of tips how to compare 1998 Oldsmobile Eighty-Eight insurance prices online. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. Drivers may discover the lowest premiums are with a lesser-known regional company. Smaller companies may only write in your state and offer lower rates as compared to the big name companies such as State Farm, GEICO and Nationwide.

Low-cost insurance is definitely available from both online companies as well as from independent agents, and you need to comparison shop both to have the best selection. Some companies don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

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