How Much Does 1993 Oldsmobile Silhouette Insurance Cost?

Looking for lower insurance rates for your Oldsmobile Silhouette? Did you fall for a flashy sales pitch and buy overpriced insurance? Trust us when we tell you many consumers feel financially strained by their insurance policy.

Popular companies such as Geico and Progressive constantly bombard you with TV and radio ads and it is difficult to see past the corporate glitz and effectively compare rates to find the best deal.

You need to take a look at other company’s rates once or twice a year due to the fact that insurance rates change frequently. Just because you had the best deal on Silhouette coverage a few years ago you may be paying too much now. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to the best methods to save money, get proper deductibles and limits, all at the lowest rate.

Insurance Prices

Shopping for lower insurance rates can take time and effort if you don’t know the most efficient way to do it. You could spend the better part of a day talking about coverages with agents in your area, or you could save time and use online quoting to get pricing more quickly.

Many insurance companies enroll in a system that allows shoppers to enter their coverage request one time, and at least one company then returns a price quote based on the submitted data. This saves time by eliminating quote requests for each company you want a rate for.

To find out what other companies charge for 1993 Oldsmobile Silhouette insurance click to open in new window.

The one downside to using this type of form is buyers cannot specifically choose the providers you want to price. If you would rather choose from a list of companies to compare prices, we put together a list of low cost insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but make absolute certain that you use exactly the same coverage limits for each comparison quote. If you are comparing different liability limits it’s impossible to make a fair comparison for your Oldsmobile Silhouette. Quoting even small variations in limits may result in a large different in cost. And when comparison shopping, comparing more company’s prices provides better odds of finding the best offered rates.

Discounts to lower 1993 Oldsmobile Silhouette insurance rates

Car insurance can cost a lot, but companies offer discounts to reduce the price significantly. Most are applied when you complete an application, but a few need to be specifically requested before being credited.

  • More Vehicles More Savings – Insuring multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Defensive Driver – Taking part in a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
  • Discount for Life Insurance – Larger companies have a discount if you purchase a life insurance policy as well.
  • No Accidents – Good drivers with no accidents pay less compared to frequent claim filers.
  • Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts could save 15% on the medical payments or PIP coverage costs.
  • Accident Waiver – A few companies allow you one accident before raising your premiums if you are claim-free for a particular time prior to the accident.
  • Club Memberships – Affiliation with a professional or civic organization could qualify you for a break when shopping for car insurance on Silhouette coverage.
  • Save over 55 – Mature drivers may receive better car insurance rates on Silhouette coverage.
  • Discount for New Cars – Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.
  • Military Rewards – Being on active duty in the military may qualify for rate reductions.

Drivers should understand that some credits don’t apply to the overall cost of the policy. Most only reduce individual premiums such as medical payments or collision. Just because you may think you can get free auto insurance, car insurance companies aren’t that generous. But any discount will cut your overall premium however.

For a list of companies who offer car insurance discounts, click this link.

Parts of the Oldsmobile Silhouette rate equation

Smart consumers have a good feel for the different types of things that play a part in calculating insurance rates. Having a good understanding of what influences your rates enables informed choices that may reward you with much lower annual insurance costs.

  • Your job and insurance rates – Occupations like doctors, executives and stock brokers are shown to have the highest rates in part from high stress and long work days. On the other hand, occupations such as scientists, students and retirees pay the least on Silhouette coverage.
  • Poor credit can mean higher rates – A driver’s credit score is a large factor in determining your rates. If your credit is lower than you’d like, you could potentially save money when insuring your 1993 Oldsmobile Silhouette by repairing your credit. Drivers with excellent credit tend to file fewer claims and have better driving records as compared to drivers with poor credit.
  • How many coverages with the same company – Some insurance companies provide better rates to customers who buy several policies from them in the form of a multi-policy discount. If you currently are using one company, it’s in your best interest to compare other company rates to make sure you are getting the best deal. Drivers may still find a better deal by buying insurance from a different company.
  • Having a spouse can save you money – Having a wife or husband can get you a discount on your insurance policy. It is viewed as being more responsible and it’s proven that being married results in fewer claims.
  • Don’t cancel a policy without a new one in place – Driving with no insurance is a misdemeanor and as a result your rates will increase for letting your coverage have a gap. And not only will your rates increase, but being ticketed for driving with no insurance can result in a license revocation or jail time.
  • Too many insurance claims drive up costs – Insurance companies provide lower rates to insureds who are claim-free. If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for larger claims.

Tailor your coverage to you

When it comes to buying coverage, there really is not a perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions may help you determine if your situation may require specific advice.

  • When would I need additional glass coverage?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do all my vehicles need collision coverage?
  • Am I covered if I hit a deer?
  • Where can I find DUI or SR-22 insurance?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Are rock chip repairs covered?
  • Exactly who is provided coverage by my policy?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier

Insurance coverages explained

Having a good grasp of a insurance policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverage types offered by insurance companies.

Comprehensive coverages – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, rock chips in glass and damage from getting keyed. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for liability – Liability insurance protects you from injuries or damage you cause to people or other property 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. You commonly see limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims such as pain and suffering, structural damage, repair bills for other people’s vehicles and court costs. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like EMT expenses, nursing services and ambulance fees. They can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your 1993 Oldsmobile Silhouette.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision coverage – Collision insurance pays to fix your vehicle from damage from colliding 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 coverage pays for things like sustaining damage from a pot hole, backing into a parked car, crashing into a building, driving through your garage door and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Quote more, save more

When buying insurance coverage, it’s a bad idea to buy poor coverage just to save money. In too many instances, an insured dropped liability coverage limits only to discover later they didn’t purchase enough coverage. Your strategy should be to buy enough coverage at a price you can afford while not skimping on critical coverages.

Low-cost 1993 Oldsmobile Silhouette insurance is attainable online and with local insurance agents, and you need to comparison shop both to have the best rate selection. Some insurance companies do not offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

In this article, we covered many tips how you can compare insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may even find the lowest rates come from some of the lesser-known companies. They often have lower prices on specific markets than their larger competitors like Progressive or Geico.

To read more, take a look at the resources below: