Searching for lower insurance rates for your Pontiac Grand Am? Did you fall for a flashy sales pitch and buy high-priced insurance? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out.
Lots of auto insurance companies contend for your hard-earned dollar, and it can be difficult to compare rates to find the absolute best rates possible.
Insuring your vehicles can cost a lot, but you may find discounts that can drop the cost substantially. Some trigger automatically when you quote, but less common discounts must be manually applied prior to getting the savings.
Consumers should know that most discount credits are not given to the entire policy premium. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates all those discounts means the company will pay you, companies wouldn’t make money that way. Any qualifying discounts will cut your premiums.
Companies that may have these money-saving discounts include:
It’s a good idea to ask all companies you are considering which discounts they offer. Discounts may not apply in every state.
There are a lot of ways you can shop for insurance and some are less labor-intensive and much quicker. You can spend your afternoon talking about coverages with insurance companies in your area, or you can utilize the web for quick rates.
Many of the larger companies are enrolled in a marketplace where insurance shoppers send in one quote, and each company returns a rated price. This system prevents you from having to do quote forms to every company. To compare 1991 Pontiac Grand Am rates now click here to start a free quote.
The one downside to comparing rates this way is that consumers can’t choose which providers you want to price. If you would rather choose individual companies to compare, we put together a list of companies who write insurance in your area. Click here for list of insurance companies.
It doesn’t matter which method you choose, just be sure to compare identical coverages for each comparison quote. If you enter unequal deductibles or liability limits you will not be able to make an equal comparison. Having just a slight variation in coverage limits can result in a big premium difference. Keep in mind that more quotes helps locate a better price.
When choosing the best auto insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. For example, these questions can aid in determining whether or not you might need an agent’s assistance.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.
Knowing the specifics of insurance can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages found on most insurance policies.
Liability coverages
Liability insurance protects you from injuries or damage you cause to people or other property. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.
Liability coverage pays for claims such as legal defense fees, pain and suffering and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.
Coverage for uninsured or underinsured drivers
Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Pontiac Grand Am.
Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Coverage for medical expenses
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like ambulance fees, nursing services and prosthetic devices. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
Collision protection
Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as colliding with a tree, damaging your car on a curb, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.
Comprehensive insurance
This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as damage from a tornado or hurricane, hail damage and damage from getting keyed. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Cheap 1991 Pontiac Grand Am insurance can be sourced both online as well as from independent agents, so compare prices from both so you have a total pricing picture. Some car insurance companies don’t offer online quoting and these small, regional companies work with independent agents.
While you’re price shopping online, don’t be tempted to reduce coverage to reduce premium. In many cases, an insured cut liability limits or collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase plenty of coverage at a price you can afford.
In this article, we presented many tips how you can reduce insurance prices online. The key thing to remember is the more quotes you get, the higher your chance of finding lower rates. You may be surprised to find that the lowest priced car insurance comes from the least-expected company. Some small companies often have lower prices on specific markets compared to the large companies like Geico and State Farm.
To read more, take a look at the resources below: