2003 Pontiac Grand Am Insurance Cost – 7 Policy Discounts

Buying low-cost insurance on the web is impossible for consumers not familiar with shopping for insurance online. With dozens of choices, how can drivers have a chance to compare every one to find the cheapest available price?

Free Quotes for Insurance Coverage

All the larger insurance coverage companies provide coverage price quotes online. This process doesn’t take a lot of time as you just enter the coverages you want into the quote form. Upon sending the form, the system pulls reports for credit and driving violations and generates a price based on these factors.

Being able to quote online makes comparing rates easy, but the time it takes to visit each company’s website and repetitively complete many quote forms gets old quite quickly. But it’s absolutely necessary to compare as many rates as possible in order to find the best price on insurance coverage.

The quickest way to lower your rates uses one form to return rates from more than one company. It saves time, eliminates form submissions, and makes comparison shopping a lot less work. Immediately after you send the form, it is rated and you can choose any one of the returned quotes. If the quotes result in lower rates, you can simply submit the application and purchase the new policy. The entire process can be completed in a matter of minutes and could lower your rates considerably.

To save time and find out how much you’re overpaying now, click here to open in a new tab and enter your information. If you have coverage now, it’s recommended you copy the coverages identical to your current policy. Doing this guarantees you’re receiving a price comparison for similar insurance coverage.

What coverages do I need?

When choosing the right insurance coverage for your personal vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining if your insurance needs may require specific advice.

• Should I carry comprehensive and collision coverage?
• When does my teenage driver need to be added to my policy?
• Is a blown tire covered by insurance?
• What is an SR-22 filing?
• How much can I save by bundling my policies?
• What vehicles should carry emergency assistance coverage?
• Is my teen driver covered when they drive my company car?
• How can I force my company to pay a claim?
• Is pleasure use cheaper than using my 2003 Pontiac Grand Am to commute?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form.

Educate yourself about insurance coverages

Learning about specific coverages of your insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for bills for prosthetic devices, surgery, EMT expenses and X-ray expenses. They can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

Coverage for liability – This coverage can cover damage that occurs to other’s property or people. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 which stand for 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 pays for things like structural damage, emergency aid and funeral expenses. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Collision – Collision insurance pays for damage to your Grand Am from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like sideswiping another vehicle, rolling your car and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Comprehensive insurance – Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from flooding, hail damage and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.