2002 Pontiac Grand Am Car Insurance Cost

Want cheaper insurance coverage rates? Drivers have lots of choices when trying to find low-cost Pontiac Grand Am insurance. You can either spend your time struggling with agents to compare prices or save time using the internet to compare rates. There is a right way and a wrong way to buy insurance coverage and you need to know the best way to quote coverages on a Pontiac and locate the lowest possible price.

If you have a current insurance policy or are looking for a new policy, you will benefit by learning to find better prices and still get good coverage. The purpose of this article is to let you in on how to effectively get price quotes and some tips to save money. Drivers only need an understanding of the proper way to find the lowest price online.

Vehicle Insurance Comparison

Getting better 2002 Pontiac Grand Am insurance pricing is not rocket science. All that’s required is to invest a little time comparing price quotes from different insurance companies. This can be done using a couple different methods.

The easiest and least time consuming way to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This type of form saves time by eliminating multiple quote forms for each company. Completing one form gets rate comparisons from many national carriers.It’s the quickest way to get rates.

A different way to analyze rates is to manually visit each individual company website to complete a price quote. For instance, we’ll assume you want to compare Nationwide, 21st Century and Progressive. To get each rate you have to visit each site to input your insurance information, which is why the first method is more popular.

To view a list of companies in your area, click here.

Whichever way you use, ensure you are comparing identical coverage information on every quote you get. If each company quotes unequal deductibles or liability limits it will be impossible to find the best deal for your Pontiac Grand Am.

Are you getting all your discounts?

Companies offering auto insurance don’t list every discount very well, so the following is a list of some of the more common and the more hidden car insurance savings. If you don’t get every credit possible, you’re just leaving money on the table.

  • Multiple Policy Discount – If you insure your home and vehicles with one insurance company you could get a discount of at least 10% off all policies.
  • Club Memberships – Affiliation with a qualifying organization could trigger savings when shopping for car insurance for Grand Am coverage.
  • Early Switch Discount – Some insurance companies reward drivers for switching to them before your current policy expires. It’s a savings of about 10%.
  • Employee of Federal Government – Being employed by or retired from a federal job may qualify you for a discount for Grand Am coverage with select insurance companies.
  • Senior Discount – Mature drivers can possibly qualify for a small decrease in premiums for Grand Am coverage.
  • Own a Home – Simply owning a home can help you save on car insurance because owning a home shows financial diligence.
  • Driver’s Ed – Have your child successfully complete driver’s ed class in school.
  • Student in College – Any of your kids who are attending college and don’t have a car can be insured at a reduced rate.

Keep in mind that most discounts do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as liability and collision coverage. So even though it sounds like you can get free auto insurance, it just doesn’t work that way.

To see a list of providers offering car insurance discounts, follow this link.

Pontiac Grand Am insurance rates have many determining factors

An important part of buying insurance is that you know the rating factors that go into determining the rates you pay for insurance coverage. When you know what positively or negatively determines base rates empowers consumers to make smart changes that may reward you with lower insurance coverage prices.

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

  • Pleasure use or commuting – The more miles you rack up on your Pontiac in a year’s time the more you’ll pay to insure your vehicle. Almost all companies apply a rate determined by how the vehicle is used. Vehicles that are left in the garage qualify for better rates as compared to vehicles used primarily for driving to work. Verify your insurance coverage policy is rated on how each vehicle is driven. Incorrect usage on your Grand Am can result in significantly higher rates.
  • Always keep insurance in force – Driving your car without having proper coverage is a misdemeanor and you will pay a penalty because you let your insurance lapse. And not only will insurance be more expensive, getting caught without coverage may earn you a steep fine or even jail time.
  • Your location is important – Living in less populated areas has it’s advantages when it comes to insurance coverage. Drivers who live in large cities tend to have congested traffic and longer commutes to work. Fewer people means fewer accidents and a lower car theft rate.
  • A clean driving record saves money – A bad driving record has a lot to do with how much you pay for insurance. Drivers who don’t get tickets have lower premiums than bad drivers. Just one moving violation can bump up the cost by twenty percent. If you have serious violations such as DUI or reckless driving may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
  • Rates may be lower depending on your job – Did you know your insurance coverage rates can be affected by your occupation? Occupations such as lawyers, social workers and accountants are shown to have higher rates than average due to job stress and long work days. On the flip side, occupations like farmers, athletes and homemakers pay the least for Grand Am coverage.
  • Your spouse saves you money – Having a wife or husband actually saves money on your policy. Having a significant other is viewed as being more mature and statistics show married drivers get in fewer accidents.
  • Safe vehicles cost less to insure – Vehicles with high crash test scores are cheaper to insure. Safer cars result in less severe injuries and lower injury rates means lower claim amounts passed on to you as lower rates. If your Pontiac scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • Poor credit can mean higher rates – Your credit score is a important factor in calculating your insurance coverage rates. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers with lower credit ratings. So if your credit rating is low, you could save money insuring your 2002 Pontiac Grand Am by spending a little time repairing your credit.

When might I need an agent?

When it comes to choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Every situation is different.

These are some specific questions may help highlight if your situation will benefit from professional help.

  • Am I covered if hit by an uninsured driver?
  • Can I rent a car in Mexico?
  • Do I need replacement cost coverage on my 2002 Pontiac Grand Am?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Do I have coverage when using my vehicle for my home business?
  • Can I get a multi-policy discount?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Do you really save 40% when you switch?

Drivers get pounded daily by advertisements for cheaper car insurance by companies like GEICO, State Farm and Progressive. All the companies say the same thing about savings after switching to them.

How can each company say the same thing? This is how they do it.

All the different companies are able to cherry pick for the driver they prefer to insure. A good example of a profitable customer might be between the ages of 30 and 50, has no prior claims, and drives less than 10,000 miles a year. A customer getting a price quote that hits that “sweet spot” gets the lowest rates and is almost guaranteed to save a lot of money.

Drivers who don’t measure up to this ideal profile will have to pay a more expensive rate which leads to the customer not buying. The ads say “people who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can confidently advertise the way they do. Because of the profiling, drivers must compare many company’s rates. It’s just too difficult to predict which insurance company will fit your personal profile best.

Information about specific coverages

Knowing the specifics of a car insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Pontiac Grand Am.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Liability coverage – Liability insurance can cover damage or injury you incur to a person or their property that is your fault. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage protects against claims like repair costs for stationary objects, repair bills for other people’s vehicles, attorney fees, bail bonds and emergency aid. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.

Comprehensive protection – This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hitting a deer, rock chips in glass and vandalism. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense coverage – Med pay and PIP coverage provide coverage for expenses for dental work, EMT expenses, funeral costs and ambulance fees. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

Collision coverage – This will pay to fix damage to your Grand Am resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as rolling your car, sideswiping another vehicle, scraping a guard rail, backing into a parked car and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

More comparisons equals lower rates

Budget-conscious 2002 Pontiac Grand Am insurance is possible on the web and with local insurance agents, and you should compare price quotes from both so you have a total pricing picture. There are still a few companies who do not offer online price quotes and these smaller companies work with independent agents.

While you’re price shopping online, do not skimp on critical coverages to save a buck or two. There have been many cases where an insured cut uninsured motorist or liability limits only to discover later that the few dollars in savings costed them thousands. The aim is to buy enough coverage for the lowest price.

We just showed you a lot of techniques to compare insurance prices online. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. You may be surprised to find that the best price on insurance coverage is with some of the smallest insurance companies.

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