Cheap 2007 Pontiac Grand Prix Car Insurance Cost

Trying to find lower insurance rates for your Pontiac Grand Prix? Feel like you’re a prisoner to overpriced insurance? Trust us when we tell you you are not the only one feeling buyer’s remorse. Insurance companies such as State Farm, Progressive and Geico continually bombard you with catchy ads and it is difficult to ignore the flashy ads and take the time to shop coverage around.

You should take the time to compare prices occasionally since insurance rates are constantly changing. Just because you had the best deal for Grand Prix insurance six months ago you will most likely find a better rate today. Block out anything you think you know about insurance because I’m going to let you in on the secrets to one of the easiest ways to find great coverage at a great price.

How much can you save with discounts?

Companies don’t always advertise every available discount in an easy-to-find place, so we break down some of the best known and the more hidden ways to save on insurance. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

  • Payment Discounts – By paying your policy upfront rather than paying monthly you could save 5% or more.
  • Homeowners Savings – Simply owning a home can save you money because owning a home demonstrates responsibility.
  • 55 and Retired – Older drivers may receive better insurance rates for Grand Prix insurance.
  • Paperless Signup – Some insurance companies will discount your bill up to fifty bucks for buying a policy and signing up on their website.
  • Claim Free – Claim-free drivers can earn big discounts as compared to frequent claim filers.
  • Bundle and Save – If you insure your home and vehicles with the same company you may save 10% to 20% off each policy.
  • Student in College – Youth drivers who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • Military Rewards – Being deployed with a military unit could mean lower rates.
  • Accident Forgiveness – Certain companies permit an accident before your rates go up if you are claim-free for a particular time prior to the accident.
  • Early Switch Discount – Some insurance companies reward drivers for signing up prior to your current policy expiring. It’s a savings of about 10%.

Consumers should know that most of the big mark downs will not be given to all coverage premiums. Most only reduce individual premiums such as liability, collision or medical payments. Just because you may think it’s possible to get free car insurance, companies wouldn’t make money that way.

Car insurance companies who might offer some of the above discounts include:

It’s a good idea to ask all companies you are considering which discounts they offer. Some discounts may not be available everywhere.

How much car insurance do I need?

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. For example, these questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • Is my teen driver covered when they drive my company car?
  • Do I pay less for low miles?
  • Is my Pontiac Grand Prix covered if I use it for business?
  • Do I need medical payments coverage since I have good health insurance?
  • Should I get collision insurance on every vehicle?
  • Is a new car covered when I drive it off the dealer lot?
  • Are my tools covered if they get stolen from my vehicle?
  • Why do I need rental car insurance?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Drivers who switch save $458 a year? Really?

Consumers constantly see and hear ads for the lowest price auto insurance by companies like State Farm, Allstate and Geico. They all seem to say the same thing about savings if you move to them.

How do they all make almost identical claims? This is how they do it.

Insurance companies can use profiling for the right customer they prefer to insure. An example of a driver they prefer could be a mature driver, has no tickets, and drives newer vehicles. A propective insured who matches those parameters gets the lowest rates and therefore will save when they switch companies.

Potential insureds who don’t qualify for these standards must pay higher rates which usually ends up with business not being written. The ads say “customers who switch” but not “drivers who get quotes” save money. That’s why insurance companies can state the savings. This illustrates why you should compare many company’s rates. It’s just too difficult to predict which company will have the lowest Pontiac Grand Prix insurance rates.

Car insurance policy specifics

Learning about specific coverages of your car insurance policy helps when choosing the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find the usual coverages offered by car insurance companies.

Uninsured or underinsured coverage

This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Auto collision coverage

Collision coverage pays for damage to your Grand Prix resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a parking meter, hitting a mailbox, driving through your garage door and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for immediate expenses like surgery, pain medications, ambulance fees and nursing services. They can be utilized in addition to your health insurance program or if you do not have health coverage. They cover both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

Comprehensive protection

This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, falling objects, rock chips in glass and damage from getting keyed. The most your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability coverage

Liability insurance protects you from damage that occurs to other’s property or people by causing an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability insurance covers things like medical services, bail bonds and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

Affordable insurance is out there

We just covered many tips how you can shop for 2007 Pontiac Grand Prix insurance online. The key concept to understand is the more quotes you get, the better your chances of lowering your rates. You may even find the best prices are with some of the smallest insurance companies. They may cover specific market segments cheaper than the large multi-state companies such as Progressive or Geico.

When you buy insurance online, never buy less coverage just to save a little money. There are a lot of situations where someone dropped liability coverage limits and discovered at claim time that the small savings ended up costing them much more. The aim is to purchase plenty of coverage at an affordable rate while still protecting your assets.

To learn more, link through to the resources below: