Cheaper 2001 Oldsmobile Aurora Insurance Cost

Have you fallen victim to an underperforming, overpriced insurance policy? Trust us when we tell you you are not the only one feeling buyer’s remorse. Insurance companies such as GEICO, Farmers Insurance and State Farm all claim big savings with fancy advertisements and it is challenging if not impossible to ignore the flashy ads and do the work needed to find the best deal.

Comparison of Insurance Coverage

Finding a better price on insurance coverage can be surprisingly simple. Just spend a little time comparing rate quotes online from several insurance companies. This can be accomplished in a couple of different ways.

The first (and easiest) way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This type of form keeps you from doing repetitive form entry for each company. Filling out one form compares rates from insurance coverage companies with the best prices.
A more time consuming way to find lower rates requires visiting the website for each individual company to request a price quote. For examples sake, let’s say you want to compare rates from Nationwide, Esurance and Farmers. To find out each rate you need to go to every website and enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

Whichever method you choose, make darn sure you compare identical information for every quote you compare. If you use different values for each quote it will be impossible to make a fair comparison for your Oldsmobile Aurora.

Companies offer discounts so take them!

The cost of insuring your cars can be expensive, but companies offer discounts that you may not even be aware of. Most are applied at quote time, but less common discounts must be specially asked for before you will receive the discount. If they aren’t giving you every credit available, you are paying more than you should be.

Federal Employees – Employees or retirees of the government could cut as much as 10% off for Aurora coverage with certain companies.
Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
Safe Driver Discount – Drivers who don’t get into accidents may save up to 50% more for Aurora coverage than drivers with accident claims.
Bundle and Save – When you have multiple policies with one company you could get a discount of approximately 10% to 15%.
Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and earn discounts up to 10%.

Drivers should understand that some credits don’t apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So even though they make it sound like adding up those discounts means a free policy, you’re out of luck. Any qualifying discounts will cut your premiums.

A partial list of companies that may offer these discounts are:

Check with each insurance company which discounts you may be entitled to. All car insurance discounts may not apply in every state.

Do I just need basic coverages?

When it comes to choosing coverage, there really is not a perfect coverage plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that can help discover whether you would benefit from professional advice.

When would I need rental car insurance?
Are there companies who specialize in insuring high-risk drivers?
Should I have combined single limit or split liability limits?
Is motorclub coverage worth it?
What if I don’t agree with a claim settlement offer?
What if I total my 2001 Oldsmobile Aurora and owe more than it’s worth?
Is my teenager covered with friends in the car?
Am I getting all the discounts available?
Am I covered when driving in Canada or Mexico?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

Insurance policy coverages for an Oldsmobile Aurora

Learning about specific coverages of a insurance policy aids in choosing which coverages you need for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording. These are the usual coverages offered by insurance companies.

Comprehensive insurance

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

Comprehensive coverage protects against claims like hitting a bird, hitting a deer, a tree branch falling on your vehicle and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection 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 Oldsmobile Aurora.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time these limits do not exceed the liability coverage limits.

Liability insurance

This coverage will cover damage or injury you incur to people or other property that is your fault. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like medical expenses, court costs, medical services and attorney fees. How much liability should you purchase? That is up to you, but buy as much as you can afford.

Auto collision coverage

This coverage will pay to fix damage to your Aurora from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like sideswiping another vehicle, rolling your car, sustaining damage from a pot hole, driving through your garage door and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like prosthetic devices, EMT expenses and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage