View 2002 Oldsmobile Alero Insurance Quotes

Tired of paying out the nose each month for car insurance? You’re in the same situation as most other car owners.

Consumers have many car insurance companies to pick from, and even though it’s nice to have a selection, too many choices makes it more difficult to find the lowest rates.

Consumers should take time to shop coverage around occasionally since insurance rates change quite often. Even if you got the best deal on Alero insurance last year you will most likely find a better rate today. There is a lot of bad information regarding insurance online, so I’m going to show you a lot of great tips on how to buy insurance cheaper.

Buying car insurance is easy if you know what you’re doing. If you currently have a car insurance policy, you will be able to lower your premiums substantially using these methods. But drivers need to learn the way companies market on the web.

These factors can influence Oldsmobile Alero insurance rates

It’s important that you understand the rating factors that help determine your auto insurance rates. Knowing what controls the rates you pay helps enable you to make changes that can help you get better auto insurance rates.

The following are some of the items that factor into your rates.

  • Consolidate policies to earn discounts – Many insurance companies will award you with lower prices to policyholders who buy several policies from them such as combining an auto and homeowners policy. This can amount to 10 percent or more. Even though this discount sounds good, it’s still a good idea to comparison shop to make sure you are getting the best deal.
  • Protect yourself with liability coverage – Liability insurance provides coverage if you are found liable for personal injury or accident damage. It provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not skimp.
  • Marriage brings a discount – Getting married actually saves money when buying auto insurance. Marriage is viewed as being more responsible and statistics show being married results in fewer claims.
  • What are your deductibles? – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Oldsmobile from damage. Examples of covered claims are collision with another vehicle, collision with an animal, and windstorm damage. Your deductibles are the amount of money you are willing to pay if you file a covered claim. The more money you’re willing to pay, the bigger discount you will receive on Alero insurance.
  • Men fork out a little more – Statistics have proven that men are more aggressive behind the wheel. Now that doesn’t mean women are BETTER drivers than men. They both tend to get into accidents at about the same rate, but the male of the species tend to have more serious accidents. Men also tend to get cited for more serious violations such as reckless driving.
  • Too many auto insurance claims drive up costs – If you tend to file frequent claims, you can look forward to higher rates. Companies generally give better rates to people who are claim-free. Insurance coverage is intended for larger claims.

Are you getting all your discounts?

Car insurance companies don’t necessarily list every discount very clearly, so we break down both the well known and the harder-to-find auto insurance savings.

  • Air Bag Discount – Cars that have air bags or motorized seat belts can get savings up to 30%.
  • No Charge for an Accident – Some insurance companies will allow you to have one accident before hitting you with a surcharge if you are claim-free for a set time period.
  • Federal Employees – Active or retired federal employment may qualify you for a discount on Alero insurance with a few auto insurance companies.
  • Senior Discount – Older drivers may qualify for better auto insurance rates on Alero insurance.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Sign Early and Save – Select companies give a discount for buying a policy prior to your current policy expiring. It can save you around 10%.
  • Seat Belts Save – Drivers who require all occupants to wear their seat belts can save 10% or more off your medical payments premium.
  • Good Student Discount – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
  • Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.

A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think all the discounts add up to a free policy, it just doesn’t work that way.

For a list of insurance companies with the best auto insurance discounts, click this link.

Tailor your coverage to you

When choosing proper insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions can help discover if your insurance needs might need an agent’s assistance.

  • Are split liability limits better than a combined single limit?
  • When would I need rental car insurance?
  • What are the best liability limits?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is a fancy paint job covered?
  • Do I have coverage when making deliveries for my home business?
  • Does coverage extend to Mexico or Canada?
  • If my 2002 Oldsmobile Alero is totaled, can I afford another vehicle?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Auto insurance coverage information

Knowing the specifics of your insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement. These are typical coverages available from insurance companies.

Collision protection

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as scraping a guard rail, rolling your car, crashing into a building, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for immediate expenses such as EMT expenses, funeral costs, dental work, doctor visits and nursing services. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Auto liability

This coverage can cover damages or injuries you inflict on other’s property or people in an accident. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability coverage protects against things such as funeral expenses, medical services, pain and suffering and loss of income. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Oldsmobile Alero.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Comprehensive (Other than Collision)

This covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from a tornado or hurricane, hitting a bird, a broken windshield, fire damage and vandalism. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

One last thing about your coverage

We just covered many tips how you can get a better price on 2002 Oldsmobile Alero insurance. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the lowest premiums are with a small mutual company. Smaller companies may only write in your state and offer lower rates than their larger competitors like Allstate, GEICO and Progressive.

Budget-conscious insurance is available both online and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies do not offer online quoting and usually these small insurance companies provide coverage only through local independent agents.

Additional information can be read at these links: