How Much Does 2003 Maserati Coupe Insurance Cost?

Trying to find cheaper car insurance rates for your Maserati Coupe? Nobody I know looks forward to paying for car insurance, especially knowing they are paying too much.

Because there are so many choices of insurance companies, it can be challenging to find the lowest cost insurer.

Which Auto Insurance is Cheapest?

Performing a rate comparison can be a daunting task if you aren’t aware of the fastest way to get free quotes. You could waste a few hours talking about coverages with insurance companies in your area, or you can utilize the web to get prices fast.

Most of the best insurance companies belong to a marketplace where insurance shoppers enter their policy data once, and each participating company provides a quote based on that data. This eliminates the need for quote forms to each company.

To use this form to compare 2003 Maserati Coupe insurance rates click here to start a free quote.

The single downside to using this type of form is that consumers can’t choose the insurers to receive prices from. If you wish to select specific insurance companies to compare prices, we put together a list of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but make sure you use identical deductibles and coverage limits for each comparison quote. If the quotes have differing limits it will be impossible to determine the best price for your Maserati Coupe. Just a small difference in coverage limits can result in a big premium difference. It’s important to know that comparing more company’s prices helps locate a lower rate.

Maserati Coupe insurance rates can be determined by these details

An important part of buying insurance is that you know some of the elements that help determine your auto insurance rates. Knowing what determines base rates empowers consumers to make smart changes that will entitle you to better auto insurance rates.

  • Frequent auto insurance claims increase rates – If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Car insurance companies provide discounts to policyholders who file claims infrequently. Car insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Bad driving skills means higher rates – Drivers who don’t get tickets get better rates than people who have multiple driving citations. Even one speeding ticket can bump up the cost twenty percent or more. Drivers who have severe citations such as DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to drive a vehicle legally.
  • Lower rates come with age – Teenage drivers tend to get distracted easily when driving so they pay higher auto insurance rates. Adding a teenage driver onto your auto insurance can really hurt. More mature drivers are more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
  • Where you live can impact rates – Residing in less populated areas is a positive aspect when talking about auto insurance. Urban drivers tend to have more traffic problems and a longer drive to work. Fewer drivers means fewer accidents and a lower car theft rate.
  • Choose a safe vehicle and save – Vehicles with good safety scores tend to have better insurance rates. Safer cars protect occupants better and better occupant protection means lower claim amounts and lower rates for you. If your Maserati Coupe scored better than four stars on Safercar.gov you are probably receiving a discount.
  • Rates may be higher depending on your occupation – Occupations such as doctors, executives and financial analysts are shown to have higher average rates because of stressful work requirements and lengthy work days. Conversely, occupations such as pilots, engineers and the unemployed pay the least for Coupe coverage.
  • Higher deductibles cost less – Your deductibles define the amount you are willing to pay before your auto insurance pays a claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some instances where coverage would apply could be running into the backend of another car, collision with an animal, and burglary. The more money you are required to pay out-of-pocket, the less your auto insurance will be for Coupe coverage.

Lots of discounts mean lots of savings

Companies offering auto insurance don’t necessarily list all their discounts in an easy-to-find place, so the following is a list of both the well known and also the lesser-known discounts you could be receiving.

  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Distant Student – Any of your kids who are attending college and do not have a car can be insured at a reduced rate.
  • Club Memberships – Belonging to a qualifying organization could trigger savings on your policy for Coupe coverage.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks with the same company may reduce the rate for each vehicle.
  • Own a Home – Owning a home may trigger a insurance policy discount due to the fact that maintaining a home demonstrates responsibility.
  • Auto/Home Discount – When you combine your home and auto insurance with one company you could get a discount of up to 20% off your total premium.
  • Passive Restraints – Factory air bags or automatic seat belts may earn rate discounts of 20% or more.

A little note about advertised discounts, most of the big mark downs will not be given to the entire cost. Most cut specific coverage prices like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, you won’t be that lucky.

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

Situations that might require an agent

When it comes to choosing the best insurance coverage for your personal vehicles, there is no one size fits all plan. Everyone’s situation is unique and your policy should reflect that. For example, these questions can aid in determining whether you would benefit from professional advice.

  • Do all my vehicles need collision coverage?
  • Do I need more liability coverage?
  • What if I don’t agree with a claim settlement offer?
  • Am I covered if my car is in a flood?
  • Is my state a no-fault state?
  • Is my nanny covered when driving my vehicle?
  • How many claims can I have before being cancelled?
  • Is upholstery damage covered by car insurance?
  • Does my personal policy cover me when driving out-of-state?
  • What is the difference between comprehensive and collision coverage?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Insurance coverage basics

Learning about specific coverages of a insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages offered by insurance companies.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like surgery, ambulance fees and doctor visits. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage – This coverage gives you protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Maserati Coupe.

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. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability insurance – Liability insurance provides protection from damage that occurs to other’s property or people in an accident. This coverage protects you from claims by other people, and doesn’t cover 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 limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability can pay for things like legal defense fees, emergency aid, medical expenses and court costs. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.

Collision coverages – This coverage pays for damage to your Coupe caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like damaging your car on a curb, crashing into a ditch and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive coverage – This pays for 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 vandalism, damage from flooding, a broken windshield and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Buy Smart and Save

In this article, we presented many ways to lower your 2003 Maserati Coupe insurance rates. The most important thing to understand is the more you quote, the higher your chance of finding lower rates. Drivers may discover the lowest priced auto insurance comes from some of the lesser-known companies. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or Geico.

While you’re price shopping online, you should never reduce coverage to reduce premium. Too many times, drivers have reduced liability limits or collision coverage only to regret that it was a big mistake. Your aim should be to buy the best coverage you can find for the lowest price.

Cost effective insurance can be purchased online and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance providers do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

Additional auto insurance information is located on the following sites: